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FUNDING RATE + OPEN INTEREST SCREENER

Funding rate vs open interest: one ranked view instead of five disconnected tabs.

Money Radar is a free crypto perpetual futures research screener for Binance USDT perpetual markets. It does not treat funding rate or open interest as a trade signal on its own. It combines five observed factors, ranks unusual conditions, freezes each snapshot, and checks what happened later.

What the screener combines

Normalized funding rate

Funding is normalized to an 8-hour equivalent when settlement intervals differ, making contracts more comparable.

Short-term open interest change

OI change uses observations at or before the frozen reference time rather than replacing history with later values.

Closed 15m structure

The latest completed 15-minute bar adds price-structure context without using an unfinished candle.

Relative volume + basis

Volume is compared with the prior 20 completed 15m bars, while mark/index basis adds derivatives dislocation context.

Why combine funding and OI?

A funding-rate table answers which contracts have unusual periodic payments. An open-interest table answers where positioning is changing. Neither alone tells you which market deserves your attention first when price structure, participation and basis are also moving.

Money Radar's role is narrower: prioritize research. The score is an anomaly ranking, not a prediction of whether price goes up or down. Need to compare settlement intervals first? Use the funding rate calculator →. If you are specifically screening unusually negative funding, read why negative funding is not automatically bullish →

Worked example: why the most negative funding was not rank #1

Frozen Money Radar snapshot at 2026-09-16 07:51 UTC: LSK had the more extreme normalized funding rate at about -0.812%, but its 15-minute OI change was only about -0.197% and relative volume was 0.612×. It finished score-rank #4 with a score of 56.

VTHO had milder normalized funding at about -0.336%, while its 15-minute OI move was about -1.655% and relative volume was 1.447×. It ranked #1 with a score of 70.

The point is not that either market should be long or short. It is that funding answers only one question. Money Radar also asks whether open exposure, short-term structure, participation and basis are unusual at the same frozen reference time. That is why a less extreme funding print can still deserve more research attention.

This is a dated descriptive example from one frozen snapshot, not a forecast, trade signal or claim that the same ranking will persist.

Funding + OI quick read

Negative funding + OI rising

Open exposure is building while funding is skewed negative. Check whether price is absorbing pressure or still breaking down before assuming a squeeze.

Negative funding + OI falling

Open exposure is shrinking while funding remains negative. That can mean leverage is unwinding, so an extreme rate alone is a weak reason to chase the chart.

Positive funding + OI rising

Open exposure is building with positive funding. Compare price, volume and basis to see whether the market is extending or becoming stretched.

Positive funding + OI falling

Open exposure is shrinking while funding stays positive. Crowding may be cooling, so the funding print needs fresh structural context.

Rising OI does not mean “more longs” by itself: every open contract has both a long and a short. The useful question is how exposure changes alongside funding, price, volume and basis.

Common questions

Is negative funding automatically bullish?

No. It describes a derivatives condition, not future direction.

Does rising open interest mean more longs?

No. It means more open exposure. Funding, price and basis provide the missing context.

Why normalize 1h and 8h funding?

Because equal raw percentages paid on different schedules are not equal rates. Normalizing them makes cross-contract comparison more meaningful.

Point-in-time verification

22

completed frozen snapshots in the current published research sample

396

matured +1h candidates in that sample

1.54%

Top-5 median absolute +1h movement, n=110

0.69%

remaining ranked candidates median absolute +1h movement, n=286

This is descriptive movement separation inside the candidate set. It is not a directional win rate, trading return, probability or proof of a durable edge. Read the full 22-snapshot research log →

How to use it

  1. Open the free Top 5 radar and see which perpetual markets rank highest on the combined observed factors.
  2. Use the factor columns to understand why a market ranked — funding, OI, 15m structure, relative volume and basis.
  3. Do your own directional and risk analysis separately. Money Radar does not decide long or short.
  4. Use the research log to check whether the ranking continues to separate more active later markets as the frozen sample grows.
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What this is not

Money Radar is not an exchange, broker, automated trading bot, execution service, liquidation heatmap or cross-exchange funding-arbitrage engine. It is a research-prioritization screener focused on unusual Binance USDT perpetual conditions and point-in-time verification.

Compare the workflow with a broader crypto-data platform →