Spot vs. Derivatives Basis

This indicator calculates the basis between average spot and average perpetual futures prices across selected exchanges. It helps identify deviations between spot and perp markets — a key signal for funding pressure, arbitrage, or market dislocation.

Key Features:

• Manual Pair Control – Enable or disable specific trading pairs as needed
  
• Flexible Basis Smoothing – Apply SMA, EMA, WMA, or VWMA to filter noise
  
• Anomaly Highlighting – Automatically flags basis deviations beyond ±0.1%