Open Interest

Total notional value of all open futures positions at a given moment.

Open interest (OI) counts every contract that has been opened but not yet closed. Rising OI while price rises usually means new buyers are entering (bullish momentum). Rising OI while price falls means new shorts piling in. Falling OI means positions are being closed. A sudden OI spike without price movement is almost always leverage buildup that will resolve violently. We track 1h / 4h / 24h OI delta on every top-30 Binance USDT-M perpetual.

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Other terms

Funding Rate
Periodic payment between perpetual futures longs and shorts that keeps the contr...
Basis
Price gap between a futures contract and its underlying spot index....
Liquidation
Forced closure of a leveraged position when its margin is exhausted....
Profit Factor
Ratio of gross winning trades to gross losing trades. Above 1 means the strategy...
Win Rate
Percentage of trades that closed profitably....
Basis Points (bps)
1 basis point = 0.01%. We use bps as the canonical unit for signal net return....

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