| Scenario | Question it answers | Fields |
|---|---|---|
| OI change | how much money came in or left over the window | 3 |
| OI / price divergence | whether the money agrees with the price: OI and price moving opposite ways | 3 |
These are the same sets applied with one click in the screener settings. The values below are exactly what gets filled in.
+5% in 5 min
Logic: the fastest open interest spikes — +5% in five minutes, meaning many new positions opened in a short time. The $10m turnover floor filters out thin pairs, where a spike like that means nothing. At most one alert per coin every half hour: this is the most frequent OI scenario.
+20% in 4 hours
Logic: open interest up 20% over four hours — positions built up steadily rather than in one burst. The floors keep only large caps: open interest from $20M, turnover from $50M. At most one alert per coin in 12 hours.
OI ↑ vs price ↓ in 30 min
Logic: base OI trigger is off — only divergence fires. OI rising while price falls means new positions are opening into the drop. OI falling while price rises means the rise comes from positions being closed. 30-min window, OI ≥ 5%, price ≥ 1%; open interest from $5M, turnover from $10M.
+8% in 15 min
Logic: two scenarios in one preset. The base 8% / 15 min scenario marks sharp OI spikes; the divergence layer (60 min, OI ≥ 4%, price ≥ 1.5%) marks slower mismatches between OI and price. Two scenarios easily stack into a series on one coin, so the cap is one alert per two hours.
Any set is a starting point, not a recommendation. Once applied the thresholds are yours: move them and the screener starts counting the new way immediately.
The choice runs from 1 minute to 4 hours. A short window catches a sharp rush into positions, a long one catches slow accumulation. The ready-made setups use +5% in 5 minutes for fast spikes and +20% in 4 hours for large coins, where positions are built gradually rather than in one jump.
A percentage is universal — it reads the same on any coin. A dollar amount is for large coins, where an inflow of tens of millions is a fraction of a percent and a percentage threshold will never see it. The two fields work in parallel: fill both and the alert arrives on whichever fires.
Two million dollars. That field and both liquidity floors are measured in millions: 2 is $2,000,000 and 0.5 is $500k. The threshold does not distinguish direction — an inflow and an outflow of that size both count as events.
Yes. The percentage field accepts a minus sign: −5 means “open interest fell by 5% or more”. You do not need the dollar threshold for that — it already fires both ways.
Check three things. The threshold may be large for the window: 5% in a minute on a large coin barely ever happens. The filters may be dropping the pair itself. And the divergence scenario needs both of its thresholds — OI and price — otherwise it counts as unset.
Some venues, Bybit and Gate among them, count open interest two-sided: longs and shorts on the same contract are added together, so the number comes out twice as large. A percentage change is always comparable, while a dollar threshold on those venues stands for half the position size.
A divergence only counts when both values have moved noticeably and in opposite directions. The OI threshold filters out position jitter, the price threshold filters out a flat price. The ready-made setup uses 5% on OI and 1% on price over 30 minutes.