Welcome our latest update that is set to significantly boost your crypto market analysis — TradingView now supports indicators for crypto futures and perpetual swaps from Bybit, Binance, and OKX.
Let’s take a look at what you can add to your analysis to gain better insight into crypto market sentiment and dynamics.
Funding rate
The funding rate is a periodic cash flow that helps align the price of perpetual futures with the spot price of the underlying asset.
While the exact formula may vary by exchange, it’s generally calculated as:
Funding rate = Interest rate + Premium index
- Interest rate – a fixed cost of capital, usually set by the exchange.
- Premium index – the difference between the perpetual futures price and the spot price.
Funding can be either positive or negative, depending on how perpetual contracts trade relative to spot. Positive funding is when perpetuals trade above spot, longs pay shorts. Negative funding is when perpetuals trade below spot, shorts pay longs.
Liquidations
A liquidation happens when a leveraged position is automatically closed because the trader’s margin falls below the required maintenance level.
In the order book, liquidations may appear as regular trades, but in reality, they are system-triggered forced executions.
With this indicator, you can track liquidation volumes:
- Green — buy-side liquidations, meaning the exchange closed short positions and bought back the asset
- Red — sell-side liquidations, where the exchange closing longs and selling the asset
Long/short ratio accounts
This ratio reflects trader sentiment by showing how many accounts hold long vs. short positions in a given asset. Only the positions’ direction is taken into account, not their volume and number of trades.
- Each account is counted as one long or one short, regardless of position size.
- The metric is calculated as: number of long accounts / number of short accounts
This allows you to gauge overall market expectations for spot price movements.
Long short accounts %
This metric shows the share of traders opening long or short positions:
- Long Accounts % (green) – the percentage of traders with long positions, those expecting price increases.
- Short Accounts % (red) – the percentage of traders with short positions, those expecting price decreases.
Together, these metrics sum up to 100%.
Crypto open interest
Open Interest is the total number of outstanding futures contracts at a given point in time.
Depending on the exchange and the instrument, it may be displayed either as the number of contracts or converted into the base/quote currency, but in all cases it reflects the same metric — the aggregate volume of open positions.
Because it measures open positions, values may rise or fall throughout the day. When combined with trading volume, Open interest helps assess liquidity, making it an important tool for informed trading decisions.
You can find all of these in the Indicators menu as usual — simply click on the Financials tab and select one of the newly-added indicators.
We hope this update will help you better navigate global markets. Let us know what you think — your ideas help us improve the platform.
Team TradingView