{"generated_at":"2026-10-18T07:59:33.381Z","source_observed_at":"2026-10-18T07:59:33.379Z","live":true,"markets_screened":178,"assumptions":{"notionalUsd":10000,"holdingHours":168,"totalCostBps":20,"notional_definition":"Matched USD notional on each hedged leg.","total_cost_definition":"User-supplied all-in entry and planned-exit fees plus slippage, expressed against one leg's notional."},"top_opportunity":{"coin":"SAND","gross_spread_annualized_pct":328.09,"execution_tier":"medium","projected_economics":{"grossFundingUsd":629.21,"assumedTotalCostUsd":20,"projectedNetFundingUsd":609.21,"projectedNetYieldPct":6.0921,"netAnnualizedPct":317.66,"breakEvenHours":5.3},"cost_screen":"passes","venue_pair":"Available in the paid pulse response"},"benchmark_markets":[{"coin":"BTC","mark_price":81645,"change_24h_pct":-0.06,"funding_annualized_pct":4.87,"basis_bps":-4.9,"open_interest_usd":3349877155.56,"volume_24h_usd":900525437.7},{"coin":"ETH","mark_price":2408,"change_24h_pct":-1.07,"funding_annualized_pct":10.95,"basis_bps":-3.74,"open_interest_usd":2514787462.34,"volume_24h_usd":643103190.79},{"coin":"SOL","mark_price":103.26,"change_24h_pct":-1.69,"funding_annualized_pct":1.62,"basis_bps":-5.8,"open_interest_usd":560101696.25,"volume_24h_usd":90266802.97}],"paid_endpoint":"/v1/perps/pulse","price_usdc":0.003,"caveat":"Net projections subtract only the explicit totalCostBps assumption. Funding can change; basis convergence, borrow cost, venue access, counterparty risk, and execution latency remain unmodeled."}