PROTECTED SOURCE SCRIPT
Binance Spot/Perp Premium | PCPR1NCIPAL
Binance Spot/Perp Premium Indicator
This indicator visually shows the price difference (called "Premium") between the perpetual contract and the spot market of a particular cryptocurrency on Binance.
Histogram: Displays the premium amount. Positive values are shown in blue and negative values in purple.
Blue Circle: Appears below the bar when the premium goes over 1% and there hasn't been a purple circle in the past 90 minutes.
Purple Circle: Appears below the bar when the premium drops below -1% and there hasn't been a blue circle in the past 90 minutes.
Green Circle: Shows up below the bar when the premium exceeds 5%. A new circle can appear every 15 minutes if the condition is met.
Red Circle: Appears below the bar when the premium drops more than -5%. After a red circle, there's a 30-minute cooldown before another can appear.
A label at the bottom displays the current premium amount and its percentage, helping users quickly gauge the market situation.
This indicator visually shows the price difference (called "Premium") between the perpetual contract and the spot market of a particular cryptocurrency on Binance.
Histogram: Displays the premium amount. Positive values are shown in blue and negative values in purple.
Blue Circle: Appears below the bar when the premium goes over 1% and there hasn't been a purple circle in the past 90 minutes.
Purple Circle: Appears below the bar when the premium drops below -1% and there hasn't been a blue circle in the past 90 minutes.
Green Circle: Shows up below the bar when the premium exceeds 5%. A new circle can appear every 15 minutes if the condition is met.
Red Circle: Appears below the bar when the premium drops more than -5%. After a red circle, there's a 30-minute cooldown before another can appear.
A label at the bottom displays the current premium amount and its percentage, helping users quickly gauge the market situation.
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