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UnknownUnicorn2188849

BTC Coinbase Perps Premium

UnknownUnicorn2188849 Updated   
Oscillators Bitcoin (Cryptocurrency) coinbase
43
2
oscillator bitcoin coinbase
Coinbase dominance relative to the top perpetual swap contracts.

It compares the price of the Coinbase BTC /USD market to a volume weighted index of perps.

Positive values means Coinbase is trading at a premium, which is considered bullish.
Negative values means Coinbase is trading at a discount, which is considered bearish.

Coinbase is a pretty important exchange that used to be the retail exchange of choice, but is known since 2020 for institutional orderflow.
Because of that it's a pretty good sign when Coinbase has a premium compared to derivatives markets.

It's ideal for low time frame scalping and higher time frame swing trading.

The perp index consists of:
  • Binance USDT
  • Okex USD
  • Huobi USD
  • Bybit USD
  • Bitmex XBT
  • FTX USD
  • Deribit USD
  • Kraken XBT

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Release Notes:
Increased precision.
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