What Coinalyze is great at
Coinalyze is a web dashboard for crypto derivatives. Traders use it to chart open interest, funding rates, liquidations, long/short ratios and volume delta for a coin, often aggregated across several exchanges. If you want to study one market in depth, it is an excellent tool, and much of it is free to use.
The limit is the workflow. A chart answers questions about the coin you already opened. It does not tell you which of hundreds of other coins you should be opening.
Where a scanner fits
| You want to… | Coinalyze | CryptoScanX |
|---|---|---|
| Chart aggregated OI and funding for one coin | Coinalyze ✓ | partly (per exchange) |
| Liquidation charts across exchanges | Coinalyze ✓ | — |
| Find every coin where OI is up 20% and RSI is above 55 | — | ✓ |
| Combine OI, funding and 98 indicators in one rule | — | ✓ |
| Phone alert when a new coin matches your rule | — | ✓ |
| Scan Delta Exchange India perpetuals | — | ✓ |
Many traders keep both: Coinalyze to study the market, CryptoScanX to shortlist the coins worth studying.
Coinalyze-style reads, as scans
New money behind a breakout
The OI read you would make on a chart, applied to every perpetual at once.
Crowded shorts still adding
Negative funding with rising open interest: the ingredients of a squeeze.
Rally without new positions
Price up while OI falls: mostly short covering, which often fades.
New to reading OI? Start with how to read open interest and open interest vs volume.
Coinalyze are trademarks of their respective owners. CryptoScanX is an independent product and is not affiliated with or endorsed by them.
Frequently asked questions
Is there a free Coinalyze alternative?
For scanning, yes. CryptoScanX's free plan includes OI Change % as a scan condition, with 2 saved scanners. For aggregated charts across exchanges, Coinalyze itself is the better fit.
Does CryptoScanX aggregate open interest across exchanges?
No. Open interest is per exchange: a Binance scan uses Binance OI and a Delta Exchange scan uses Delta's. That keeps the number consistent with the market you trade.
Can I get alerts on open interest changes?
Yes, on Premium. Save a scan that includes an OI condition, turn on alerts, and your phone is notified when a new coin matches.
Is CryptoScanX available on iPhone?
Not yet. It is on Android through Google Play.