Question 1

What Is Open Interest?

Accepted Answer

Open Interest is the total number of outstanding derivative contracts (futures/perpetuals) that haven't been settled. Changes in OI indicate: - **OI rising + price rising** → New longs entering (bullish conviction) - **OI rising + price falling** → New shorts entering (bearish conviction) - **OI falling + price rising** → Shorts closing (short squeeze) - **OI falling + price falling** → Longs closing (capitulation)

Question 2

Supported Exchanges

Accepted Answer

The screener covers **7 exchanges**: - Binance, Bybit, OKX, Bitget, Gate.io, MEXC, BingX

Question 3

Table Columns

Accepted Answer

| Column | Description | |--------|-------------| | **Rank** | Position by OI value | | **Symbol** | Trading pair (e.g., BTCUSDT) | | **Exchange** | Source exchange | | **Price** | Current mark price | | **OI Value (USD)** | Total open interest in USD | | **OI Change %** | Percentage change over selected period | | **OI Change (USD)** | Absolute USD change | | **Volume 24h** | 24-hour trading volume | | **Price Change %** | 24-hour price change | | **Listing Age** | Days since the instrument was

Question 4

Filtering & Sorting

Accepted Answer

| Filter | Options | |--------|---------| | **Exchange** | Any of the 7 exchanges, or all | | **Period** | 5 – 60 minutes (default: 5 min) | | **Sort by** | OI value (default), any column | | **Order** | Ascending / Descending | | **Search** | Symbol substring search | | **Top N** | Limit to top N by OI value | > **Tip:** Use 5-minute period for scalping signals and 60-minute for swing context.

Question 5

OI Change Calculation

Accepted Answer

OI Change is calculated as: ``` OI Change % = (Current OI - OI from N minutes ago) / OI from N minutes ago × 100 ``` The screener needs at least 2 data snapshots to compute changes, so results appear after the first collection cycle.

Question 6

Setting Up OI Alerts

Accepted Answer

You can receive Telegram notifications when OI changes exceed your thresholds.

Question 7

Alert Set Parameters

Accepted Answer

| Parameter | Range | Default | |-----------|-------|---------| | **Name** | 1–100 characters | — | | **Exchanges** | Any combination or "all" | All | | **Period** | 1–60 minutes | 5 min | | **Rise threshold** | ≥ 2% | — | | **Drop threshold** | ≥ 2% | — | | **Top N** | Limit monitoring to top N | 20 | | **Min listing days** | 0–365 | 7 days | | **Daily limit** | 1–10 alerts/day | 5 | > **Tip:** Set "Min listing days" to 7+ to avoid alerts from newly listed, volatile tokens.

Question 8

FAQ

Accepted Answer

**Q: Why do I see different OI values than on the exchange?** A: The screener updates every few minutes. Real-time exchange data may differ by seconds. **Q: Can I track a specific symbol?** A: Use the search field to filter by symbol name. For dedicated alerts, create an alert set with specific thresholds. **Q: What does "Listing Age" mean?** A: The number of days since the futures contract was first listed on the exchange. Newer listings tend to have more volatile OI.

Question 9