Bitcoin Forum
September 20, 2018, 09:51:31 AM *
News: ♦♦ Bitcoin Core users must update to 0.16.3 [Torrent]. More info.
 
   Home   Help Search Donate Login Register  
Pages: [1]
  Print  
Author Topic: BitMex XBTUSD price  (Read 28 times)
CMCET
Newbie
*
Offline Offline

Activity: 24
Merit: 0


View Profile
August 19, 2018, 10:10:14 PM
 #1

I'm not really new to crypto or trading but have never actually traded with leverage.
Have recently opened a demo account on BitMex, but i can't figure out how the XBTUSD price is calculated.
it's stated that XBTUSD is a XBT/USD perpetual contract priced on the .BXBT Index and .BXBT Index is 50%/50% combination of BTCUSD price on GDAX and Bitstamp.
The thing is, if Bitcoin price (so also .BXBT Index) goes up with, say 3% , XBTUSD goes only up with about 1.5%. How does that work?

Another thing is that you can't find the XBTUSD price on Tradingview. The XBTUSD price for BitMex on TradingView is the perpetual inverse swap contract price wich is closer to the .BXBT Index price, but differs from the price that's used when opening and closing positions.
So is the only way to see the XBTUSD BitMex price from their own chart on the website?
1537437091
Hero Member
*
Offline Offline

Posts: 1537437091

View Profile Personal Message (Offline)

Ignore
1537437091
Reply with quote  #2

1537437091
Report to moderator
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1537437091
Hero Member
*
Offline Offline

Posts: 1537437091

View Profile Personal Message (Offline)

Ignore
1537437091
Reply with quote  #2

1537437091
Report to moderator
1537437091
Hero Member
*
Offline Offline

Posts: 1537437091

View Profile Personal Message (Offline)

Ignore
1537437091
Reply with quote  #2

1537437091
Report to moderator
1537437091
Hero Member
*
Offline Offline

Posts: 1537437091

View Profile Personal Message (Offline)

Ignore
1537437091
Reply with quote  #2

1537437091
Report to moderator
Crashing
Newbie
*
Offline Offline

Activity: 28
Merit: 0


View Profile
August 27, 2018, 02:23:40 PM
 #2

Bitmex price is calculated taking in account those two prices but it moves like any other price. If the price on the two exchanges moves 3%, its price will move 3%.
It might be worthy to check: http://japnsurplusman.blogspot.com/2018/08/bitmex-next-generation-of-bitcoin.html
Pages: [1]
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!