GammaFlip leads on
- $39 crypto / $79 both, API and MCP included
- Telegram gamma-flip alerts
- GEX heatmap and full-history replay
BackQuant leads on
- Flow-based dealer estimate beside the standard view
- 40+ US tickers
- Seven crypto venues
- Built-in AI chat
BackQuant and GammaFlip overlap the most: both cover crypto and US options, aggregate several exchanges, mark the gamma flip, call and put walls and max pain, and offer an API and an MCP server. BackQuant adds a flow-based estimate of dealer positioning, more US tickers and an in-app AI chat, at $99/month, with its API and MCP in separate or yearly plans. GammaFlip costs $39/month for crypto or $79/month for both markets, includes the API and MCP in every plan, sends Telegram flip alerts and replays the full recorded history.
Feature by feature
| GammaFlip | BackQuant | Edge | |
|---|---|---|---|
| Crypto options | BTC, ETH, SOL, XRP, HYPE | BTC, ETH, SOL, HYPE options; perpetuals on 100+ assets[1] | Tie |
| Crypto exchanges | Deribit, Bybit, OKX, Derive, Binance; combined or any subset | Deribit, Bybit, Binance, OKX, Derive, Bullish, Paradex[1] | BackQuant |
| US options | 17 tickers: SPX, RUT, DJX, major ETFs incl. IBIT, mega-cap stocks | 40+ US equities, indices and ETFs[1] | BackQuant |
| Key levels | Gamma flip, positive and negative peaks, absolute walls, max pain, gamma profile | Zero-gamma flip, call and put walls, max pain, 0DTE and 1DTE panels[2] | Tie |
| Dealer positioning | Standard open-interest convention (calls +, puts −) | Standard open interest and a flow-based estimate, side by side[2] | BackQuant |
| History and replay | Heatmap up to 90 days; Time Machine replays the full recorded history; daily CSV files | Recent-session replay; 30–180 days via API plans[3] | GammaFlip |
| Update frequency | Crypto every 60 s; US intraday on live prices and IV, open interest from the prior session | Continuously through the session[2] | Tie |
| REST API | Every paid plan, 500 requests/day | Separate plans from $49/mo; starter API on the yearly plan[3] | GammaFlip |
| Claude / ChatGPT (MCP) | Every paid plan | MCP server on API plans and the yearly terminal[4] | GammaFlip |
| Alerts | Telegram gamma-flip alerts, symbols of your choice | In-app, browser push and email[1] | Tie |
| Entry price | $39/mo crypto, $59/mo US, $79/mo both | $99/mo or $990/yr[1] | GammaFlip |
| Free trial | 3 days, no card | 7-day free trial; free plan with live ETH[1] | BackQuant |
Yes Partly No Not published Highlighted cell: the stronger side for that row
- BackQuant home page and pricing, checked 2026-10-14
- BackQuant GEX, checked 2026-10-14
- BackQuant API access, checked 2026-10-14
- BackQuant MCP, checked 2026-10-14
GammaFlip's column comes from the product itself; see pricing and the methodology.
Choose BackQuant if
You want a flow-based estimate of dealer positioning beside the standard view, wider US coverage (40+ tickers), or a full terminal with a built-in AI chat.
Choose GammaFlip if
You want a lower price with the API and the Claude and ChatGPT connector included, Telegram flip alerts, a GEX heatmap with full-history replay, or XRP options.
Key differences
Dealer positioning
BackQuant shows the standard open-interest view and a flow-based estimate of dealer inventory side by side. GammaFlip uses the standard convention only (dealers long calls, short puts) and documents it in its methodology.
Price and what is included
BackQuant's terminal is $99/month or $990/year; its API is a separate plan from $49/month, and MCP comes with the API plans and the yearly terminal. GammaFlip is $39/month for crypto, $59 for US or $79 for both, and every plan includes the REST API (500 requests a day) and the Claude and ChatGPT connector.
Alerts
BackQuant sends alerts in the app, by browser push and by email. GammaFlip sends a Telegram message when price crosses the gamma flip, for the symbols you choose.
History
BackQuant replays recent sessions in the terminal and offers 30 to 180 days of history through its API plans. GammaFlip's heatmap covers up to 90 days, Time Machine replays the full recorded history, and daily history files are available through the API.
Questions
Both cover crypto and US options gamma exposure. BackQuant adds a flow-based dealer estimate and more US tickers at $99/month. GammaFlip is cheaper ($39 crypto, $79 both) and includes the API, the Claude and ChatGPT connector and Telegram flip alerts in every plan.
BackQuant lists Deribit, Bybit, Binance, OKX, Derive, Bullish and Paradex. GammaFlip combines Deribit, Bybit, OKX, Derive and Binance, and lets you pick any subset.
Yes. BackQuant's MCP server is included with its API plans and the yearly terminal; GammaFlip's connector for Claude and ChatGPT is included in every paid plan.
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Information about BackQuant comes from public sources as of 2026-10-14 and may have changed since. BackQuant is a trademark of its owner; GammaFlip is not affiliated with it. "Not published" means we could not find the information on the vendor's site, not that the feature is missing. Spotted something out of date? Write to support@gammaflip.io.