The "Daily Scan" Routine: How to Find a Trade in 60 Seconds on PERPTools

In the high-stakes world of perpetuals, the difference between a winning trade and a missed opportunity is how quickly you can process information. PERPTools is designed to consolidate market data into a single, high-speed workflow.

This "Daily Scan" routine is built to help you navigate from the global market overview to a specific execution setup in exactly 60 seconds.

Step 1: The High-Level Filter on PERPTools

We start with the Markets UI. This page acts as your "research center," displaying every available asset in a single, scannable table. On the site, you may find an overview of perps pairs with all the key metrics such as Price, 24h Change, 24h Volume, Open Interests, and 8h Funding. Basically, traders can perform: 

• Sort by Momentum: Click the "24h Change" header twice to bring the top gainers to the top. Look for "Outliers"—assets up more than 5–10%. These are your volatility leaders.
• The Liquidity Check: Glance at the "Volume" column. Momentum is only tradable if there is enough liquidity to enter and exit without massive slippage. Target assets with the highest relative volume.
• Pick Your Target: Click the name of an asset (e.g., SOL or XRP) to jump directly into its specific Trading UI.

Step 2: The Contextual Deep-Dive

Now that you’re in the Trading UI, don't look at the candles yet. Look at the Market Stats Bar at the very top of the screen.

• Funding Rate Analysis: Look at the "Pred. funding rate."
  • Positive Rate: Longs are paying shorts. If the rate is high, it may signal a crowded trade ripe for a reversal.
  • Negative Rate: Shorts are paying longs. This often signals extreme bearishness, which can lead to a "Short Squeeze."
• Open Interest (OI): Check the "Open interest" figure. If OI is rising alongside price, it confirms new money is entering the trend, strengthening the signal.

Step 3: Visual Confirmation & Execution

After these two research steps to establish the fundamentals in your head, your final 20 seconds are for the "Technical Pulse."

• The 15m Trend: Glance at the center chart. Are the most recent candles consolidating at the top of a range (Bullish Flag) or breaking down?
• Order Book Balance: Look at the Order Book column.
  • If you see a massive "Qty" wall of red (Sellers) just above the price, avoid a Market Buy; the price will likely bounce off that wall first.
  • If the green "Qty" (Buyers) is significantly thicker, there is strong floor support.
• Execute: Based on the book and the trend, choose your entry. Use a Limit Order if you want to join a "wall" or a Market Order if the breakout is happening right now.

Why This Work?

The PERPTools ecosystem integrates Discovery (Markets page) from Execution (Perp page). By starting broad and narrowing down, you ensure you aren't just trading Ethereum because it's familiar, but because it's where the actual data-driven opportunity lies.

Ready to try your first scan? Go to the Markets Page now and find the asset with the highest 24h volume. Would you like me to explain how to interpret Open Interest in more detail for your next trade?