OPEN-SOURCE SCRIPT
Binance Perp Basis % (Auto)
Hello,
This script is pretty much self explanatory.
It is the real-time basis rate % of Binance futures crypto paired with USDT.
If the indicator shows "NaN" it means that the coin exists in USDT.P but does not have a homologue in spot to run the basis rate & calculation.
To change colors:
for positive & negative basis rate % you simply have to open the script & change the values here shown:
//=== 4. Plot =================================================================
col = basis >= 0 ? color.new(color.white, 0) : color.new(color.black, 0)
To change the 0 line color and opacity:
line(0, "Zero line", color=color.new(color.gray, 60), linestyle=hline.style_dashed)
This script is pretty much self explanatory.
It is the real-time basis rate % of Binance futures crypto paired with USDT.
If the indicator shows "NaN" it means that the coin exists in USDT.P but does not have a homologue in spot to run the basis rate & calculation.
To change colors:
for positive & negative basis rate % you simply have to open the script & change the values here shown:
//=== 4. Plot =================================================================
col = basis >= 0 ? color.new(color.white, 0) : color.new(color.black, 0)
To change the 0 line color and opacity:
line(0, "Zero line", color=color.new(color.gray, 60), linestyle=hline.style_dashed)
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
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.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
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.