Spot vs. Derivatives BasisThis indicator calculates the basis between average spot and average perpetual futures prices across selected exchanges. It helps identify deviations between spot and perp markets — a key signal for funding pressure, arbitrage, or market dislocation.
Key Features:
Manual Pair Control – Enable or disable specific trading pairs as needed
Flexible Basis Smoothing – Apply SMA, EMA, WMA, or VWMA to filter noise
Anomaly Highlighting – Automatically flags basis deviations beyond ±0.1%
Indikator Pine Script®





