BTC Price Spread - Coinbase & Futs - Premiums & Discounts — Indicator by oh92

oscillator bitcoin price average against coinbase futures xbt premium discount

This indicator takes the price of Bitcoin on Coinbase and the futures price on Mex , and compares it the average price of Bitcoin across other major exchanges.

This essentials give us a spread at which Bitcoin is going for.
In turn, this could be a possible tool to help determine market sentiment.

This indicator was created for experimental purposes.
Use at your own digression.

⇅ DepthHouse Trading Indicators ⇅
▫ Professional tools created for the TradingView Platform
▫ 14 Day Trials Available!
▫ Give me feedback!
depthhouse.com/

Open-source script

In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in a publication is governed by House Rules. You can favorite it to use it on a chart.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.

Want to use this script on a chart?