D7R

Bitcoin Perpetual Swaps

D7R Updated   
This script track most important Bitcoin Perpetual Swaps vs SPOT (Coinbase).

When strong green color emerge implies that Swaps are trading at premium to spot.
When strong red color emerge implies that Swaps are trading at discount to spot.

These information is useful because it give leading information towards where funding rates are heading.
When trading at premium it will push towards Positive Funding Rates (Longs pay Shorts)
When trading at discount it will push towards Negative Funding Rates (Shorts pay Longs)

It's can also be used to give identify potential local tops or bots when values get too extreme.
Release Notes:
• Change in code approach to make script faster when selectively toggling some exchanges on/off.
Release Notes:
• Added ability to choose one of five different SPOT basis as source: Coinbase, Binance, FTX, Bitfinex and Tradingview's Index
Release Notes:
• Removed FTX
• Added BTC, USDC, USDT margin Perpetual Swaps to exchanges supporting it.
Release Notes:
• Fixed issue wit BitMEX new Perpetual ticker
Release Notes:
Replaced Binance's BTCBUSD Perp with BTCUSD Perp.

D7R
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This script is published closed-source but you may use it freely. You can favorite it to use it on a chart. You cannot view or modify its source code.
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.

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