This chart shows BTC price premium correlate directly to the USDT price.
Note
This is the BFX price minus the Bitmex price.I added USDT as the blue line to show how they are inversely correlated.
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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.
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.