BitMEX Funding Toolbox [NeoButane]

9 בספט׳ 2018

BitMEX's funding rates as described on their website.

Usage of the indicator:

Cumulative funding is a running sum of funding, similar to OBV. The idea is that funding can be used to predict current sentiment or market direction. The blue line is cumulative funding and the orange is a MVWAP used as a signal to determine current trend. Longs are paid when the blue line is going down.

Cumulative funding oscillator is the running sum of funding but made to be able to discern more recent trends.

Funding rate and premium index is as the name states.

Pictures of funding directly from BitMEX's funding history: imgur.com/a/n1QMqzb

The indicator will auto-select XBTUSD or ETHUSD depending which ticker is currently being viewed; if it is not on bitcoin or ethereum it defaults to XBTUSD funding.

References used:
bitmex.com/app/perpetualContractsGuide
bitmex.com/app/fundingHistory

More pictures:

11 בספט׳ 2018

הערות שחרור

1.3
- Added Premium/Discount Trend: creates a moving average of the premium index that isn't based on actual funding rates and instead the premium throughout the day

- Added Cumulative Funding, Separated: the cumulative final funding rates but separated into two different lines.

11 בנוב׳ 2018

הערות שחרור

- simplified usage

25 בנוב׳ 2018

הערות שחרור

Minor script changes, added more automatic ticker switches

3 ביוני 2019

הערות שחרור

Hey guys, sorry for the absence, I have been having medical issues lately.

Anyways, here's an update to the toolbox that makes it easier to discern trend:

- Added cumulative XBT + ETH funding for all types of analysis. | 04 Jan. 2019
- Changed premium index styling, added an optional to remove the index markers to help with scaling