🟪Coinbase vs Binance Premium

For those who prefer video tutorials, this breaks down the Coinbase vs Binance Premium Indicator:

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

• Bullish moves are followed with a Coinbase Premium

• Bearish moves are followed by a Binance Premium

Sequences

Settings

This tool has two main components to choose from to tune the chart:

• Smoothness Filter - The data measured between Binance and Coinbase 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.

• Currency - This tool compares Binance USDT vs Coinbase 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).

If you are still having issues or have questions, please feel free to reach out to us at [e-mail] or message us in the Rainbow Trends Discord.