75trust / 100

Perp Basis

by Usenami in Markets & finance

x402 APIPassing, checked 4 h ago

Per-venue basis for one crypto perpetual — mark versus index price, basis_bps = (mark−index)/index×10000, and contango/backwardation structure, across tracked CEX and DEX venues. Every venue has an index except Crypto.com, Variational and dYdX; dYdX publishes one oracle price, which is its mark. `venues_without_index` names the ones missing. Each venue also carries liquidity_state (live/dead/unknown), and a market with no trading is flagged unreliable however clean its basis looks.

GET
https://api.usenami.io/v1/perp/basis
Price
$0.005
per call in USDC
Uptime
100%
last 30 days
Response time
576 ms
667 ms slowest 5%
Last check
Passed
4 h ago, next any minute now

Run a free test callHow to call it

Reliability

All checks passedSome failedAll failedNot checked

Status and outage history · Atom feed

How to call it

GET https://api.usenami.io/v1/perp/basis

Each call costs $0.005 in USDC on Base, paid with the request over x402.

Run a free test callOne unpaid request, the way an agent sends it. You see the payment challenge it gets back. Nothing is charged.

Example request

Built from the input schema. Replace the values with your own.

GET https://api.usenami.io/v1/perp/basis?ticker=example

Parameters

ParameterTypeRequiredDescription
canonical_idstringNoDisambiguates a ticker that names two unrelated assets; a 409 on the ticker alone names the candidates.
tickerstringYesBase ticker (e.g. BTC, ETH). Required.

Example response

The provider's example. We can't check it without paying.

{
  "items": [
    {
      "asset_class": "crypto",
      "basis_bps": -2.31,
      "basis_reliable": true,
      "index_price": 60292.9,
      "liquidity_state": "live",
      "mark_price": 60278.9,
      "structure": "backwardation",
      "updated_at": "2026-06-27T21:00:00Z",
      "venue": "paradex"
    }
  ],
  "methodology": "basis_bps = (mark_price − index_price)/index_price × 10000; structure = basis sign (contango/backwardation/flat/unknown)",
  "ticker": "BTC",
  "venues_count": 18,
  "venues_without_index": [
    "Crypto.com",
    "Variational",
    "dYdX"
  ]
}

Call it from code

The curl command shows the payment challenge. The JavaScript and Python versions pay and call, and never pay more than $0.005.

curl: see the payment challenge
# bash or zsh: see the payment challenge. Nothing is charged.
curl -sS -g -i 'https://api.usenami.io/v1/perp/basis?ticker=example'

# x402 v2 sends the challenge base64-encoded in the PAYMENT-REQUIRED header (v1 sends it in the body).
# To read the header:
curl -sS -g -o /dev/null -D - 'https://api.usenami.io/v1/perp/basis?ticker=example' \
  | grep -i '^payment-required:' | cut -d' ' -f2 | tr -d '\r' | base64 --decode
JavaScript: pay and call
// npm i @x402/fetch @x402/evm viem
import { wrapFetchWithPayment, x402Client } from "@x402/fetch";
import { registerExactEvmScheme } from "@x402/evm/exact/client";
import { privateKeyToAccount } from "viem/accounts";

// Pays at most $0.005 per call.
const client = new x402Client().setSpendControls({ maxAmountPerPayment: "$0.005" });
registerExactEvmScheme(client, { signer: privateKeyToAccount(process.env.EVM_PRIVATE_KEY) });
const pay = wrapFetchWithPayment(fetch, client);

// Not sure it's safe to pay? ToolVet checks it first for $0.005. Pay for that from a separate
// client: this one is capped at $0.005 per payment. GET https://toolvet.app/api/v1/check?url=https%3A%2F%2Fapi.usenami.io%2Fv1%2Fperp%2Fbasis
const res = await pay("https://api.usenami.io/v1/perp/basis?ticker=example");
console.log(res.status, await res.text());
Python: pay and call
# pip install "x402[requests,evm]"
import os
from eth_account import Account
from x402 import x402ClientSync
from x402.http.clients import x402_requests
from x402.mechanisms.evm import EthAccountSigner
from x402.mechanisms.evm.exact.register import register_exact_evm_client

# Pays at most $0.005 per call.
client = x402ClientSync().set_spend_controls({"max_amount_per_payment": "$0.005"})
register_exact_evm_client(client, EthAccountSigner(Account.from_key(os.environ["EVM_PRIVATE_KEY"])))

with x402_requests(client) as session:
    res = session.get("https://api.usenami.io/v1/perp/basis?ticker=example")
    print(res.status_code, res.text)

Security scan

No findings

We scan names, descriptions and tool definitions for hidden instructions and other prompt-injection patterns.

Recent checks

WhenResultHTTPTimePrice
4 h agoPassed402648 ms$0.005
8 h agoPassed402667 ms$0.005
12 h agoPassed402592 ms$0.005
16 h agoPassed402565 ms$0.005
20 h agoPassed402553 ms$0.005
Show 10 older checks
24 h agoPassed402208 ms$0.005
27 h agoPassed402197 ms$0.005
31 h agoPassed402546 ms$0.005
35 h agoPassed402576 ms$0.005
38 h agoPassed402734 ms$0.005
42 h agoPassed402568 ms$0.005
46 h agoPassed402614 ms$0.005
2 days agoPassed402579 ms$0.005
2 days agoPassed402594 ms$0.005
2 days agoPassed402542 ms$0.005