Market Context API — Cross-Venue Derivatives Data

Q: How do I monitor crypto funding rates across exchanges?

Call GET /api/feeds/kronos/market-context/btc_usdt. The response includes funding rates from Binance, OKX, and Gate.io in a single JSON object. Spot divergences for carry trade opportunities.

Q: How much does the market context API cost?

$0.03 per request (after-delivery payment — settle only on successful response). Pay with USDC on Solana or Base via x402. Combine with /predict for signal confluence at $0.01 per timeframe.

The /market-context endpoint aggregates derivatives data across Binance, OKX, and Gate.io — funding rates, open interest, basis, liquidations, and options implied volatility — combined with Kronos forecast context.

Endpoint

GET /api/feeds/kronos/market-context/:symbolKey

Parameters

Param	Type	Required	Description
`symbolKey`	path	Yes	Asset symbol (crypto, stocks, forex, metals, commodities, indices)

Pricing

$0.03 per request (upfront payment).

Data sources

Source	Data
Binance	Funding rates, open interest, liquidations
OKX	Funding rates, basis, open interest
Gate.io	Funding rates, open interest
Deribit	Options implied volatility
Kronos	Forecast direction, confidence, conformal ranges

Example response (truncated)

{
  "symbol": "btc_usdt",
  "funding": {
    "binance": { "rate": 0.0001, "next_ts": 1690000000 },
    "okx": { "rate": 0.00008, "next_ts": 1690000000 },
    "gateio": { "rate": 0.00012, "next_ts": 1690000000 }
  },
  "open_interest": {
    "binance": 450000000,
    "okx": 120000000,
    "gateio": 30000000
  },
  "liquidations_24h": {
    "long": 15000000,
    "short": 8000000
  },
  "options_iv": {
    "7d": 45.2,
    "30d": 52.8,
    "90d": 58.1
  },
  "kronos": {
    "direction": "up",
    "confidence": 0.72,
    "conformal_lower": 67000,
    "conformal_upper": 68500
  }
}

Use cases

Funding Rate Arbitrage

Spot funding rate divergences across venues. When funding flips negative while price is up, that's a carry trade signal. Combine with predict for direction confirmation.

Liquidation Cascade Alerts

Monitor open interest spikes + funding extremes — the precursor to liquidation cascades. OI rising while funding goes extreme = leverage building up. Act before the cascade.

IV Surface Monitoring

Track options implied volatility across strikes and expiries. When IV spikes on puts while call IV stays flat, the market is pricing tail risk. Adjust position sizing accordingly.

AI Agent Signal Confluence

Feed funding + OI + liquidations into your agent alongside predict. When the model says "up" but funding is negative and OI is falling, that's a confluence warning.

Frequently asked questions

What is a crypto market context API?

It aggregates cross-venue derivatives data — funding rates, open interest, liquidations, basis, and options IV — from Binance, OKX, Gate.io, and Deribit, combined with Kronos forecast context. One call gives you the full derivatives backdrop for any asset.

How do I monitor crypto funding rates across exchanges?

Call GET /api/feeds/kronos/market-context/btc_usdt. The response includes funding rates from Binance, OKX, and Gate.io in a single JSON object. Spot divergences for carry trade opportunities.

Can I detect liquidation cascades with the market context API?

Yes. Monitor open interest spikes combined with funding extremes — when OI rises while funding goes extreme, leverage is building up. The liquidations_24h field shows recent long and short liquidations.

How much does the market context API cost?

$0.03 per request (after-delivery payment — settle only on successful response). Pay with USDC on Solana or Base via x402. Combine with /predict for signal confluence at $0.01 per timeframe.