USDT/USD Premium

Kraken + FTX USDT premium indicator.

Inspired by John J Brown, forked from IAmSatoshi (Migrated to V5 and few changes + more markets coming).
John J Brown: "
USDt premium/discount exist because of conversion fees.

It is a good market indicator:
If USDt>USD, then market is growing and in need of liquidity;
If USDt<USD, then market is shrinking and has excess liquidity."
Open-source script

In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in a publication is governed by House Rules. You can favorite it to use it on a chart.


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