Premium to spot

The future’s close against the spot close of the same candle, in percent. Above zero: the future is more expensive than spot; below: cheaper. No settings.

How to read it

• A high premium on a rally: the market is overheated with leverage, the future is bought harder than spot.
• A negative premium: the future is cheaper than spot, shorts are pushing.
• A rally on spot with a low premium: “clean” buying.

For coins like 1000PEPE the spot price is scaled to the contract.