How this board works
This dashboard streams Bitcoin (BTC/USD) spot prices in real time from three major public exchanges — Coinbase, Kraken and Bitstamp — so you can watch how the same asset prices across venues at the same instant. Updates are pushed over a live connection as each exchange trades; nothing here polls on a timer.
Reading the cross-venue spread
Because each exchange has its own order book, the "same" BTC price differs slightly from venue to venue. The spread readout shows the live gap between the highest and lowest quote on the board, in dollars and in basis points, along with which venue is currently richest and cheapest. Wide gaps tend to open during fast moves and thin liquidity.
The composite momentum score
The −100 to +100 score is a blend of simple, public technical signals — trailing returns, a Wilder RSI, and an EMA-trend read — computed across five timeframes (1 minute, 5 minutes, 15 minutes, 1 hour and 1 day) and weighted into a single number. Positive values lean bullish, negative values lean bearish, and the per-timeframe breakdown shows where the momentum is coming from. It is a descriptive momentum gauge built only from price history, not a trade signal or investment advice.
The long-term daily chart
The daily-history card zooms out from the live board to daily BTC/USD candles going back to 2015, so the price on the cards above has somewhere to sit. Each bar is one day's open, high, low and close with its volume on the right-hand axis, and the range buttons run from 90 days out to the full history. The Indicators menu adds the same studies the stock quote pages carry: moving averages, Bollinger Bands and Fibonacci retracement levels drawn over the price, plus RSI, MACD, Stochastic, Williams %R, ADX/DMI, ATR and OBV as stacked sub-panels underneath. The strip below the chart summarises where those readings stand today. All of it is computed from the daily price series alone — a description of what price has done, not a forecast of what it will do, and not investment advice.
Prediction-market odds by strike
The odds ladder shows Kalshi's daily Bitcoin markets — each row is the market-implied probability that BTC settles at or above that strike, for the nearest settlement time, along with the traded volume and open interest sitting on each strike. Reading it as a profile, the strikes with the most volume mark where traders are most actively positioning, and the strike where the probability crosses 50% is roughly where the market prices BTC to settle. The Polymarket panel lists the Bitcoin price-target markets sitting closest to the current spot. These are live prediction-market prices, not forecasts from this site, and nothing here is investment advice.
The crypto market map and dominance
Bitcoin dominance is Bitcoin’s share of the total value of all cryptocurrencies. It tends to rise when money retreats to the largest, most liquid coin and fall in “alt seasons”, when traders chase smaller coins. The market map sizes each coin by its market value and colours it by its price change, so a glance shows whether a move is broad or led by one or two names. Stablecoins — tokens pegged to the dollar — are tracked separately: their combined supply is a rough gauge of the cash sitting on the sidelines of the crypto market.
Funding rates and open interest
Most crypto leverage runs through perpetual swaps — futures with no expiry date. To keep their price near spot, longs and shorts pay each other a funding rate every few hours: when the swap trades above spot, longs pay shorts, and vice versa. Shown annualised, funding of 10–30% a year signals crowded, leveraged longs; negative funding means shorts are paying to stay short. Open interest is the value of positions still open. Rising open interest with rising funding is leverage building; a sharp drop in both is a liquidation cascade.
CME basis
CME bitcoin and ether futures are the regulated, institutional venue. The basis is how far the front-month future trades above spot, annualised. A positive basis is the return from the “cash-and-carry” trade — buy spot, sell the future — which spot bitcoin ETFs and hedge funds run at scale; a basis that collapses toward zero or turns negative is a sign of weak demand for leveraged long exposure.
Implied volatility, skew and max pain
The 30-day implied volatility index is the options market’s estimate of how much bitcoin or ether will move over the next month, annualised: divide by about 19 for the expected daily move. The term structure plots at-the-money implied volatility by expiry. The 25-delta risk reversal compares the implied volatility of calls and puts the same distance from the money — negative values mean downside protection is in demand. Open interest by strike shows where options positions cluster for the main upcoming expiry, and max pain is the settlement price that would leave option buyers with the largest total loss.
Frequently asked questions
What is Bitcoin dominance?
Bitcoin dominance is Bitcoin's share of the total market value of all cryptocurrencies. It rises when investors favour Bitcoin over smaller coins and falls when money rotates into altcoins. This page shows the current figure alongside Ether's share.
What does a positive funding rate mean?
On perpetual swaps, a positive funding rate means traders who are long pay those who are short to keep the swap price in line with spot. It signals that leveraged long positioning is dominant; very high funding often marks a crowded trade that is vulnerable to a sharp reversal.
What is the CME bitcoin basis?
The CME basis is the premium of the front-month CME bitcoin future over the spot price, expressed as an annualised rate. It is the return earned by buying bitcoin and selling the future, a trade widely used by institutions and funds.
What is bitcoin implied volatility?
Implied volatility is the size of move the options market is pricing in, expressed as an annualised percentage. A 30-day implied volatility of 40% implies a typical daily move of about 2% (40 divided by 19).
What is max pain in crypto options?
Max pain is the settlement price at which the combined value of all open call and put options for an expiry would be smallest, meaning option buyers as a group would lose the most. Some traders watch it as a level prices gravitate toward near expiry, although the evidence for that is mixed.