Binance Perp Basis % (Auto)

Hello,

This script is pretty much self explanatory.

It is the real-time basis rate % of Binance futures crypto paired with USDT.

If the indicator shows "NaN" it means that the coin exists in USDT.P but does not have a homologue in spot to run the basis rate & calculation.

To change colors:

for positive & negative basis rate % you simply have to open the script & change the values here shown:

//=== 4. Plot =================================================================

col = basis >= 0 ? color.new(color.white, 0) : color.new(color.black, 0)

To change the 0 line color and opacity:

line(0, "Zero line", color=color.new(color.gray, 60), linestyle=hline.style_dashed)