{"regime":"DEEP","confidence":0.7,"stress_score":0,"dominant_signal":"basis","signals":["Funding BALANCED (0.0001%)","OI stable (0.0% 1h)","Basis BACKWARDATION — futures below spot","Low liquidations $0.0M 1h","Tight spread 0.00bps"],"inputs":{"funding_regime":"NEUTRAL","funding_rate":0.000124,"oi_total_usd":17346736158,"basis_regime":"BACKWARDATION","liq_dominant":null,"liq_notional_usd":0,"ob_spread_bps":0},"computed_at":1781265450,"preview":true,"signed":false,"note":"Preview — unsigned. Full liquidity regime $0.10."}