English : This Pine Script indicator, named "Cantom Chart - CL CTG vs BKD," uniquely analyzes the immediate state of oil futures contracts to determine if they are in contango or backwardation. The script uses the price ratio between the nearest (CL1) and the next nearest (CL2) NYMEX crude oil futures contracts. It multiplies this ratio by 100 for clarity and...
This Script is based in the 2020 @Plumptoiletduck script Special thanks to @tartigradia for the Auto Detect code for the Binance pair. It tells us the difference in price between Spot and Perpetual Futures. Now I incorporated the function that automatically detects the pair we are in to show the premium/discount of that pair. You never need to select the...
Let’s first start with some definitions: VIX9D: The CBOE S&P 500 9-Day Volatility Index estimates the expected 9-day volatility of S&P 500® stock returns. www.cboe.com VIX: The CBOE Volatility Index® (VIX® ) is considered by many to be the world's premier barometer of equity market volatility. The VIX Index is based on real-time prices of options on the S&P...
Crude Oil, CL Plots Futures Curve: Futures contract prices over the next 3.5 years; to easily visualize Backwardation Vs Contango(carrying charge) markets. Carrying charge (contract prices increasing into the future) = normal, representing the costs of carrying/storage of a commodity. When this is flipped to Backwardation(As the above; contract prices decreasing...
VIX: Backwardation Vs Contango Quickly visualize Contango vs Backwardation in the S&P 500 Volatility Index by plotting the prices of the futures contracts over the next 9 months Note: indicator does not map to time axis in the same way as price; it simply plots the progression of contract months out into the future; left to right; so timeframe DOESN'T MATTER...
METALS: Gold , Silver , Copper ( GC , SI, HG) Quickly visualize carrying charge market vs backwardized market by comparing the price of the next 2 years of futures contracts. Carrying charge (contract prices increasing into the future) = normal, representing the costs of carrying/storage of a commodity. When this is flipped to Backwardation (contract prices...
GRAINS: Wheat , Soybeans , Corn (ZW, ZS, ZC ) Quickly visualize carrying charge market vs backwardized market by comparing the price of the next 2 years of futures contracts. Carrying charge (contract prices increasing into the future) = normal, representing the costs of carrying/storage of a commodity. When this is flipped to Backwardation (contract prices...
MEATS: Live Cattle , Feeder Cattle, Lean Hogs (LE, GF , HE) Quickly visualize carrying charge market vs backwardized market by comparing the price of the next 2 years of futures contracts. Carrying charge (contract prices increasing into the future) = normal, representing the costs of carrying/storage of a commodity. When this is flipped to Backwardation (contract...
Hello traders, This script shows the exchange volume-weighted aggregate basis for Bitcoin. This is the accompanying overlay version of the script which shows plotshapes according to the specified levels of aggregate contango or backwardation. Exchanges have differing significance to the traded price of BTC and so this script calculates the respective volume and...
Hello traders, This script shows the exchange volume-weighted aggregate basis for Bitcoin. Exchanges have differing significance to the traded price of BTC and so this script calculates the respective volume and price of the major exchanges to more accurately represent the difference between the markets spot price and the markets perpetual future/swap...
This script shows candles and respective zones where premium of the asset (Binance spot vs Binance Futures) is either converging with price or diverging from price. If the difference between spot price and futures price (Premium) is increasing with price increasing, this is normal/slightly bullish contango (Gray). If premium is decreasing with price increasing,...
This indicator shows the % premium between spot and index price of any two assets. There are both a true and false overlay version of this indicator, this is the oscillator version. IMPORTANT: This oscillator is different from the other related oscillator, because this does not automatically change the assets for premiums, you will have to MANUALLY type in the...
This indicator shows the premium between spot and index price, specifically on Binance USDT pairs against Binance USDT Perpetual contracts. There are both a true and false overlay version of this indicator, as seen in the pic. IMPORTANT: This indicator will automatically change to the appropriate asset, but ONLY if the observed chart is a Binance PERP. For...
This indicator shows the popular crypto exchanges for Bitcoin spot and futures . This allows you to not have all of the "compare" indicators on the chart, as this combines it all in one. This indicator can be useful to show contango or backwardation between spot and derivative prices via exchange, giving potential indication for funding and reversal. Based on...
Based on my previous script "BTC Contango Index" which was inspired by a Twitter post by Byzantine General: This is a script that shows the contango between spot and futures volumes of Bitcoin to identify overbought and oversold conditions. When a market is in contango, the volume of a futures contract is higher than the spot volume. Conversely, when a market is...
Inspired by a Twitter post by Byzantine General: This is a script that shows the contango between spot and futures prices of Bitcoin to identify overbought and oversold conditions. Contango and backwardation are terms used to define the structure of the forward curve. When a market is in contango, the forward price of a futures contract is higher than the spot...
OKEX/HUOBI compared to XBT price, discount and premium indicates reversals in price dependent on market phase. DM for access.
Backwardation/Contango of OKEX, HUOBI, BITMEX, DERIBIT futures compared to XBTUSD. Results indicate that backwardation can mark bottoms in price action.