BTC Perp/Spot Price Difference

This is a simple script that provides you with realtime information on the actual Bitcoin price difference between the Binance Perpetual Futures and the Coinbase Spot markets.

I consider this information very useful - especially on intraday timeframes - because it immediately shows the way the retail margin traders are skewed.

Positive values mean that the margin retail daytraders are mainly long, negative values mean the opposite.

I hope this indicator will help you in your intraday Bitcoin trades.

ملاحظات الأخبار:

Changed the ticker to BTCUSD.P at Binance