OPEN-SOURCE SCRIPT

BTC Futures Basis

3 083
Shows various basis percentages in a table and plots historical basis. Also has an alert function for backwardation events. Useful for tracking bullish/bearish sentiment in BTC futures markets.

*Currently displays March and June futures for the following exchanges: Bitmex, Binance, Deribit, Okex, and FTX

Also displays CME Continuous Next Contract. All of the symbols are customizable.
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Market-wide backwardation usually occurs during a heavy sell-off (such as a liquidation cascade).

**For getting alerts of backwardation events, I recommend creating an alert on the 1 minute chart with the condition "Any alert() function call". Alert level is customizable as well.
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*NOTE!! : Futures contracts expire (obviously), so the contract symbols will need to be updated periodically. I will try to keep them updated going into the future.

**NOTE2!! : The alert() function does not track the CME contract. This is to avoid false triggers.

Penafian

Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.