> For the complete documentation index, see [llms.txt](https://rainbow-trends.gitbook.io/rainbow-trends/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://rainbow-trends.gitbook.io/rainbow-trends/individual-tool-tutorials/cbpremium.md).

# CB vs Bin. Premium

For those who prefer video tutorials, this breaks down the CB vs Bin. Premium Indicator:

<https://youtu.be/73KMU7kmOBg>

<figure><img src="https://1850212810-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FyK1OhO0YjcJhgk7zsPjZ%2Fuploads%2FzuyK3Hk0aL9GJynOIhGX%2Fimage.png?alt=media&amp;token=1cfbb482-3c68-484e-8393-4175cc6f6164" alt=""><figcaption></figcaption></figure>

This tool is very simple to use, but has great signal in challenging crypto markets. In short, this tool measures the spread between CB USD and Bin. USDT Spot Order Books.  Over the past few years, we have witnessed:&#x20;

* Bullish moves are followed with a CB Premium
* Bearish moves are followed by a Bin. Premium

### Sequences

<figure><img src="https://1850212810-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FyK1OhO0YjcJhgk7zsPjZ%2Fuploads%2FNl6qIJVc6JppflSFW7IB%2Fimage.png?alt=media&amp;token=7ebeae05-8c1a-4bd3-91c5-d3f211e73766" alt=""><figcaption></figcaption></figure>

<figure><img src="https://1850212810-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FyK1OhO0YjcJhgk7zsPjZ%2Fuploads%2FRBieh3fhCFabl6CtXHko%2Fimage.png?alt=media&amp;token=9ab83956-b431-4265-883b-c46dcd7eba72" alt=""><figcaption></figcaption></figure>

### **Settings**

This tool has two main components to choose from to tune the chart:&#x20;

* Smoothness Filter - The data measured between Bin. and CB is very erratic. We have built in a filter to help traders better visualize these flows and the level of filtering/smoothening can be adjusted by increasing or decreasing this number.&#x20;
* Currency - This tool compares Bin. USDT vs CB USD, but you must select the currency you want to chart. Default is Bitcoin, but you can change it to SOL, ETH, XRP and DOGE (more coming soon).&#x20;

<figure><img src="https://1850212810-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FyK1OhO0YjcJhgk7zsPjZ%2Fuploads%2FIpd8DuBZbJCYiFuusuB6%2Fimage.png?alt=media&amp;token=a1c5c0b6-e10c-4ddc-8648-55b902560d9f" alt=""><figcaption></figcaption></figure>

{% hint style="danger" %}
If you are still having issues or have questions, please feel free to reach out to us at <admin@rainbow-trends.com> or message us in the Rainbow Trends Discord.
{% endhint %}

<figure><img src="https://1850212810-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FyK1OhO0YjcJhgk7zsPjZ%2Fuploads%2FHhfsu6e27GW487V00acu%2Fimage.png?alt=media&amp;token=2b798bd7-9e4a-4f13-9954-4b979183b337" alt=""><figcaption></figcaption></figure>
