This script shows actual and predicted funding levels for the BitMEX XBTUSD perpetual swap.
It gives exact results when using 1 minute candles, or after leaving any timescale chart open for several hours to collect the new data points. In all other situations it lacks fine precision.
Basic indicator showing raw values of the BitMEX Premium Index (.XBTUSDPI) used in calculating the funding rate.
www.bitmex.com
www.bitmex.com
Funding rate indicator available here .
This indicator attempts to emulate the BitMEX predicted funding rate for the XBTUSD perpetual swaps contract.
Reference
www.bitmex.com
www.bitmex.com
Indicator Key
Green/Red Area plot: Raw values of the calculated funding rate based on the XBTUSD Premium Index (.XBTUSDPI)
White Line plot: Time-Weighted Average Price (TWAP) of the calculated funding rate
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