Spot Premium with ROC

Description:
This indicator tracks the spot premium of BTC by comparing the perpetual futures price (perp) from Binance against the spot price on Coinbase. The histogram displays the price difference (spot minus perp) with green bars when spot is higher and red when perp carries a premium. The Rate of Change (ROC) line measures how quickly this premium shifts, with an option to normalize fluctuations for greater stability.

Implications & Possible Use Cases:

• Market Sentiment Gauge: A sustained positive premium often indicates bullish sentiment, while a discount can signal bearish bias.
• Arbitrage Signals: Significant divergences between perp and spot may present short-term arbitrage opportunities across exchanges.
• Risk Management & Hedging: Traders can align derivatives and spot positions when premiums deviate sharply, reducing funding cost exposures.
• Funding Rate Insights: Since perp funding rates tend to follow premium levels, this indicator can act as an early warning for funding spikes.
• Trend Confirmation: Use the normalized ROC to confirm continuation or reversal of premium trends, filtering out noise around small diff values.

Let me know if you would like additional features.

發行說明

• Market Sentiment Gauge: A sustained positive premium often indicates bullish sentiment, while a discount can signal bearish bias.
• Arbitrage Signals: Significant divergences between perp and spot may present short-term arbitrage opportunities across exchanges.
• Risk Management & Hedging: Traders can align derivatives and spot positions when premiums deviate sharply, reducing funding cost exposures.
• Funding Rate Insights: Since perp funding rates tend to follow premium levels, this indicator can act as an early warning for funding spikes.
• Trend Confirmation: Use the normalized ROC to confirm continuation or reversal of premium trends, filtering out noise around small diff values.

發行說明

• Market Sentiment Gauge: A sustained positive premium often indicates bullish sentiment, while a discount can signal bearish bias.
• Arbitrage Signals: Significant divergences between perp and spot may present short-term arbitrage opportunities across exchanges.
• Risk Management & Hedging: Traders can align derivatives and spot positions when premiums deviate sharply, reducing funding cost exposures.
• Funding Rate Insights: Since perp funding rates tend to follow premium levels, this indicator can act as an early warning for funding spikes.
• Trend Confirmation: Use the normalized ROC to confirm continuation or reversal of premium trends, filtering out noise around small diff values.

發行說明

Mode:

“Auto” uses the chart’s symbol with chosen exchange prefixes; “Manual” lets you input full symbol codes.
Spot Exchange: exchange prefix for spot (e.g., “COINBASE”)
Derivatives Exchange: ex

change prefix for perp/futures (e.g., “BINANCE”)

發行說明

Added tooltips

發行說明

Volume Intensity: histogram bars adjust opacity based on volume relative to its SMA over a lookback period.

發行說明

Fix to the Auto mode

發行說明

added ribbons for the ROC

開源腳本

本著TradingView的真正精神，此腳本的創建者將其開源，以便交易者可以查看和驗證其功能。向作者致敬！雖然您可以免費使用它，但請記住，重新發佈程式碼必須遵守我們的網站規則。

Leo_DC13

免責聲明

這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。

開源腳本

Leo_DC13

免責聲明

這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。