LankouMultiSpreadsV2 AllThis script is calculating the spread between a token and it's relative counterpart on the PERPETUAL FUTURES contract
It's focus on exchange / defi / Tokens / metaverse / storage
for exchange tokens
It uses future from FTX because Binance does not have PERP contractc for other exchanges
If it's red, the price on PERP is lower than SPOT
If it's green, the price on PERP is HIGHER than SPOT meaning people are bullish on this asset
DEFI
Price DEFI Categories against BTC & ETH/* Work in progress. The indicator is not finished. *\
The indicator shows the pricing of 3 DEFI categories against 2 possible baselines, BTC and ETH.
To do:
* Make a simple array in the source code to enter and remove new projects to the category. -> Maybe can also make it so that the source code does not have to be altered (projects can be added through input etc.)
* Adjust weightings depending on project data but this is not as important since weightings are being priced in by the market.
* Try to find a way to update input to string instead of booleans. As of currently, I could not seem to use input strings into plot functions because of an error.
* and more. Leave some feedback, that would be highly appreciated!
USD Prices for Uniswap Token/WETHUniswap instrument prices are in WETH. This indicator translates the series to USD prices and plots the series as candles or as a line. Data is translated by using corresponding series data for ETHUSD. The reference ETHUSD price is from Coinbase.
Any token listed as a ETH/WETH pair could be specified as an input parameter. The default instrument value is set to UNISWAP: DPIWETH, an index created by indexcoop and tracking the DEFI basket.
The script is simple and easy to understand. It allows for quick conversion and comparisons and something we had to do in a custom way prior to this script. The crypto and DEFI community would benefit from it immensely. There is even a feature request for something like this on the tradingview subreddit.
Sushi Stock To Flow RainbowHello everyone,
as always, I hope you are doing well.
To sum up:
The stock-to-flow is the number we get when we divide the total stock by the annual production (flow).
It indicates how many years are required, at the current production rate, to produce what is in the current stock.
The stock is simply the total in circulation, in our case, the number of Sushi in circulation.
On the other hand, the flow is the total number of Sushi created each year.
In our case:
- The number of new sushi issued is reduced every month
- The total number of sushi in circulation is set at 250 million
- The last reduction will take place in October 2023
The empirical formula of the stock to flow is, in our case: total number of sushi in circulation / number of sushi produced each month.
BINANCE:YFIUSDTPERP Fee FinderUtilizes common maker/taker fees that traders pay on Binance to create scalping price levels.
Options to configure are changing the colors.
The determinant factor in setting the price levels is a custom built 33 minute derivation of price.
This is able to be done with YFI specifically because the MM on it knows you are using x50. If you decide to use x50, this clearly shows that:
You need to catch the absolute top or bottom for scalping for maximizing profit with regards to fees
BNB for fee reductions for trading is essential
Price action is not directional; it is not choppy; it is an algorithm that is able to execute at <1 second intervals to take your money
PIPT | Power Index Pool Token | DeFi indexPowerPool provides a DeFi index that has too many components to be used as a chart ticker.
So here is an indicator to bypass the ticker limit.
From the PowerPool docs : app.powerpool.finance
The chart shows it in comparison to other DeFi indexes, quite a difference as you can see!
DPI | DeFi Pulse IndexTokenSets and DeFi Pulse provide a DeFi index that has too many components to be used as a chart ticker.
So here is an indicator to bypass the ticker limit.
From the TokenSets docs : www.tokensets.com
The chart shows it in comparison to other DeFi indexes, quite a difference as you can see!
sDEFI IndexThe Synthetix Exchange provides a DeFi index that has too many components to be used as a chart ticker.
So here is an indicator to bypass the ticker limit.
From the Synthetics docs : docs.synthetix.io
DeFi Index (sDEFI)
Contract: 0xe1aFe1Fd76Fd88f78cBf599ea1846231B8bA3B6B
Token | Initial Weight
---------------------------
Aave | 15%
Synthetix Network Token | 15%
yearn.finance | 15%
Uniswap | 10%
Compound | 7.50%
Maker | 7.50%
Balancer | 5%
Curve DAO Token | 5%
Kyber Network | 5%
Ren | 5%
UMA | 5%
Wrapped Nexus Mutual | 5%
The chart shows it in comparison to FTX's DeFi index, quite a difference as you can see!
Binance Funding and Premium Index Extended [NeoButane] A premium index indicator for Binance exclusively. This extended version includes BTC, ETH, BNB, LINK, and more.
Just like BitMEX, there is a +/- 0.05% clamp with 0.01% being the default. Funding periods occur at 0000 UTC, 0800 UTC, and 1600 UTC.
Binance documentation does not mention a maximum funding rate, so instead there is an option to limit how much is funding/premium is displayed if it is too extreme.
There are alarm conditions that can be set for any coin's premium crossing above or below the set amount as well as visualizations for the premium level set.
Helpful notes:
ETHUSD on BitMEX is a quanto swap and shorting it incurs more risk. That is a partial explanation as to why premiums for ETH swaps are lower on other exchanges. See here for more info:
insights.deribit.com
The final funding rate is derived from the premium index and paying/receiving interest happens only if a position is held. Since interest is handled between traders, you may see significant moves when funding is very high or low. This appears to be very pronounced on DeFi tokens.
This is a paid indicator, please DM for access
