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How the risk score is calculated

Updated 2026-06-20

The risk score answers one question: how dangerous is it to enter a trade on this coin/spread right now? It is about the HEALTH of the coin and the market — not about whether a particular trade is profitable. Profitability (the real spread after fees and slippage) is shown separately, in the variants table of each card.

The traffic light

Every assessed card gets a score from 0 to 100 (higher = riskier) and a colour: green — low risk (0–29), amber — medium (30–64), red — high (65–100). Click “Risk assessment” on a card to see the breakdown of reasons behind the score.

What the score looks at

  • Frozen transfers — withdrawal or deposit of the coin is disabled on a leg. The spot-spot route can’t be closed; this is often the first sign of a delisting. Reliable only for exchanges with public network data or a connected API key — otherwise it’s marked “not verified”.
  • Stuck spread — a large spread that did not converge over the last 24 hours. A spread that never closes usually means transfers are blocked, or the ticker is a different asset on each exchange.
  • Thin order book — the available depth on a leg is small relative to your capital, so you can’t fill the size without heavy slippage.
  • Low 24h volume — a thin, micro-cap market is easy to manipulate and risky to enter.
  • Abnormal movement — the coin’s recent volatility, a sharp hourly jump, or a volume spike/collapse versus its own norm. Entering during a vertical move is dangerous: the second leg moves before you fill.
  • Extreme funding — an unusually high funding rate on a perp leg signals a stressed, crowded market.
  • Ticker collision — a spread near the sanity cap with no way to confirm the asset’s identity may mean the same ticker is a different coin on each exchange.

Confidence

When some data is unavailable (for example an exchange’s network status without an API key), the verdict is marked “not fully verified” instead of being shown as safe — absence of evidence is not evidence of safety.

Sorting by risk

The “Risk ↑” sort assesses every card in the list and orders them safest-first. Assessment runs in the background and fills in waves; once all cards are scored the order freezes, so it doesn’t jump on the 30-second auto-refresh. Click “Risk ↑” again to re-sort.

The risk score is a set of heuristics that lowers your chance of stepping into a trap — not a guarantee that a trade is safe or profitable. Always check the variants table and the order books before entering.