How to hedge Bitcoin
BTC is Bitcoin token.
As BTC is a volatile asset, in certain instances it will require hedging.The best method of hedging BTC is to use crypto derivatives.
There are multiple of the exchanges serving futures and perpetual swaps.
Choose from the list of hedging options
- Bitcoin Futures
- Bitcoin Perpetual Swaps
- Future Contracts on Indexes with Bitcoin embeded
- Perpetual Swaps on Indexes with Bitcoin component
- Other crypto related Indexes (Perpetual Swaps)
- Negative correlation with Bitcoin
Bitcoin Futures
When required to hedge the position for the mid-term period (weeks to months) you can use futures.
| Exchange | Symbol | Premium (-) Discount (+) |
Spread | Open Intrest | 24h Volume | Expiry Date |
|---|---|---|---|---|---|---|
| BTCC Futures | BTC-WEEKLY | -0.054 | 0.01 | 342,971,607 | 718,636,990 | 2/12/2022 |
| FTX (Derivatives) | BTC-1230 | -1.263 | 0.13 | 96,271,549 | 170,988,938 | 30/12/2022 |
| BTCC Futures | BTC-QUARTERLY | -0.052 | 0.01 | 342,988,385 | 107,123,547 | 31/12/2022 |
| BTCC Futures | BTC-DAILY | 0.066 | 0.01 | 341,929,029 | 102,191,738 | 26/11/2022 |
| Binance (Futures) | BTCUSD_PERP | -0.099 | 0.11 | 1,635,700 | 62,305,943 | 25/12/2100 |
| FTX (Derivatives) | BTC-0331 | -1.709 | 0.74 | 17,744,774 | 40,056,070 | 31/3/2023 |
| OKX (Futures) | BTC-USD-221230 | 0.052 | 0.01 | 579,971,600 | 39,051,891 | 30/12/2022 |
| Binance (Futures) | BTCUSD_221230 | 0.386 | 0.01 | 125,694,100 | 37,416,236 | 30/12/2022 |
| Huobi Futures | BTC_NW | 0.311 | 0.09 | 608,600 | 30,250,908 | 2/12/2022 |
| OKX (Futures) | BTC-USDT-221230 | -0.233 | 0.01 | 11,665,200 | 19,466,348 | 30/12/2022 |
| OKX (Futures) | BTC-USD-230331 | -0.288 | 0.02 | 170,376,100 | 15,330,373 | 31/3/2023 |
| Binance (Futures) | BTCUSD_230331 | 0.234 | 0.01 | 26,894,900 | 14,376,736 | 31/3/2023 |
| Deribit | BTC-30DEC22 | 0.327 | 0.03 | 122,958,680 | 13,317,459 | 30/12/2022 |
| Huobi Futures | BTC_CW | 0.023 | 0.10 | 491,400 | 10,608,524 | 2/12/2022 |
| OKX (Futures) | BTC-USDT-230331 | -0.565 | 0.01 | 5,095,400 | 9,407,210 | 31/3/2023 |
| Huobi Futures | BTC_NW | 0.129 | 0.16 | 10,500 | 6,607,586 | 9/12/2022 |
| Huobi Futures | BTC_CQ | 0.290 | 0.01 | 6,614,800 | 6,202,955 | 30/12/2022 |
| Deribit | BTC-2DEC22 | 0.014 | 0.01 | 5,468,480 | 5,495,135 | 2/12/2022 |
| BTCC Futures | BTC-QUARTERLY | 0.000 | 0.01 | 4,013,779 | 4,022,368 | 31/3/2023 |
| Deribit | BTC-31MAR23 | 0.397 | 0.05 | 42,886,200 | 3,769,593 | 31/3/2023 |
| Deribit | BTC-9DEC22 | 0.011 | 0.02 | 645,760 | 1,914,011 | 9/12/2022 |
| Deribit | BTC-30JUN23 | 0.375 | 0.02 | 23,215,160 | 1,719,152 | 30/6/2023 |
| Deribit | BTC-27JAN23 | 0.375 | 0.02 | 211,890 | 317,963 | 27/1/2023 |
| Deribit | BTC-29SEP23 | 0.648 | 0.30 | 8,277,430 | 98,145 | 29/9/2023 |
Bitcoin Perpetual Swaps
Short position for indefinite time is also possible by using perpetual.
Moreover you can earn swaps in particular cases.
| Exchange | Symbol | Premium (-) Discount (+) |
Spread | Funding Rate | Open Intrest | 24h Volume |
|---|---|---|---|---|---|---|
| Binance (Futures) | BTCUSDT | 0.036 | 0.01 | 0.00394 | 2,073,424,869 | 5,063,060,196 |
| MEXC Global (Futures) | BTC_USDT | 0.038 | 0.01 | -0.00130 | 1,523,756,035 | 1,370,626,224 |
| BTSE (Futures) | BTCPFC | -0.024 | 0.02 | 0.00000 | 1,274,484,140 | 136,842,367 |
| BingX (Futures) | BTC-USDT | 0.000 | 0.01 | -0.01000 | 1,104,135,437 | 2,101,102,523 |
| Bybit | BTCUSDT | 0.051 | 0.01 | 0.01000 | 1,073,535,970 | 3,330,158,640 |
| BTCEX (Futures) | BTC-30SEP22 | 0.162 | 0.04 | 0.00630 | 981,441,422 | 846,336,704 |
| Prime XBT | BTC/USD | 0.000 | 0.06 | 0.00000 | 975,800,800 | 34,877,293 |
| Bybit (Futures) | BTCUSDT | 0.058 | 0.01 | 0.01000 | 906,930,844 | 1,312,497,677 |
| C-Trade | BTCUSDT | 0.032 | 0.01 | 0.01000 | 856,592,611 | 43,707,219 |
| Bitget Futures | CMT_BTCUSDT | 0.008 | 0.02 | -0.00136 | 650,218,862 | 2,589,428,358 |
| BTCEX (Futures) | BTC-24JUN22 | 0.078 | 0.06 | 0.01000 | 600,632,539 | 1,089,317,456 |
| AAX Futures | BTCUSDTFP | 0.000 | 0.07 | 0.20459 | 599,756,558 | 17 |
| FTX (Derivatives) | BTC-PERP | -0.605 | 0.02 | 0.41280 | 556,680,218 | 3,931,839,727 |
| Bybit | BTCUSD | 0.058 | 0.01 | 0.00620 | 445,125,214 | 732,610,774 |
| KuCoin Futures | XBTUSDTM | 0.037 | 0.02 | -0.01320 | 416,317,730 | 375,991,372 |
| Bitfinex (Futures) | TBTCF0:USTF0 | 0.175 | 0.12 | 0.00000 | 413,715,764 | 72,274,942 |
| Binance (Futures) | BTCBUSD | 0.042 | 0.01 | -0.00405 | 356,566,355 | 900,435,436 |
| BitMEX | XBTUSD | 0.006 | 0.01 | 0.00000 | 343,574,300 | 405,676,611 |
| BTCC Futures | BTCUSDT | 0.002 | 0.01 | 0.00000 | 343,267,725 | 223,178,244 |
| Bybit (Futures) | BTCUSD | 0.063 | 0.01 | -0.01470 | 333,976,971 | 260,956,813 |
| Binance (Futures) | BTCUSD_PERP | 0.039 | 0.01 | 0.00698 | 331,481,600 | 766,030,484 |
| Deribit | BTC-PERPETUAL | 0.042 | 0.01 | -0.00049 | 331,035,400 | 141,180,438 |
| ZBG Futures | BTC_ZUSD | 0.142 | 0.01 | -0.00543 | 324,272,699 | 1,120,235 |
| C-Trade | BTCUSD | 0.011 | 0.02 | 0.01000 | 304,531,747 | 7,960,792 |
| OKEx (Futures) | BTC-USDT-SWAP | -0.032 | 0.01 | 0.00748 | 295,259,300 | 4,325,657,815 |
| BTCMEX | BTCUSD | 0.084 | 0.00 | 0.01000 | 289,778,991 | 2,143,017,004 |
| BTCMEX | BTCUSDT | 0.050 | 0.00 | 0.01000 | 289,778,991 | 572,722,079 |
| OKEx (Futures) | BTC-USD-SWAP | -0.019 | 0.01 | -0.00814 | 205,257,500 | 679,545,460 |
| Gate.io (Futures) | BTC_USDT | 0.027 | 0.01 | 0.00140 | 194,856,468 | 95,262,541 |
| AAX Futures | BTCUSDFP | 0.307 | 4.21 | 0.04903 | 194,079,416 | 274,981,140 |
| BitZ (Futures) | 101 | 0.023 | 0.12 | 0.00000 | 147,712,494 | 2,328,854,320 |
| Bitforex (Futures) | SWAP-USD-BTC | 0.007 | 0.01 | 0.01270 | 122,439,822 | 1,302,005,048 |
| MXC (Futures) | BTC_USD | 0.018 | 0.06 | 0.02000 | 111,583,200 | 1,212 |
| Bitrue (Futures) | BTC-USDT | -0.079 | 0.01 | 0.00389 | 109,572,803 | 3,106,397,591 |
| ZBG Futures | BTC_USDT | 0.099 | 0.01 | -0.00734 | 105,190,970 | 1,418,028 |
| Bitfinex (Futures) | BTCF0:USTF0 | -0.042 | 0.02 | 0.00000 | 104,514,829 | 4,460,283 |
| Crypto.com Exchange (Futures) | BTCUSD-PERP | -0.069 | 0.01 | 0.00227 | 91,366,439 | 91,366,439 |
| dYdX Perpetual | BTC-USD | 0.042 | 0.02 | -0.00271 | 78,515,929 | 101,692,718 |
| BTCEX (Futures) | BTC-31MAR23 | -0.076 | 0.01 | 0.00030 | 76,111,971 | 524,528,810 |
| BTCEX (Futures) | BTC-30DEC22 | 0.221 | 0.02 | 0.00030 | 75,710,085 | 322,017,007 |
| Bitmart Futures | BTCUSDT | 0.036 | 0.01 | -0.02000 | 69,738,966 | 332,827,207,990 |
| MXC (Futures) | BTC_USDT | -0.023 | 0.03 | 0.00297 | 63,213,940 | 113,293,123 |
| Huobi Futures | BTC-USDT | 0.003 | 0.01 | 0.01000 | 51,365,171 | 216,322,995 |
| MyCoinStory | BTCUSDT | -0.016 | 0.02 | 0.01000 | 51,117,733 | 18,546,549 |
| MCS | BTCUSDT | -0.159 | 0.12 | 0.01000 | 50,901,999 | 13,793,324 |
| Phemex (Futures) | BTCUSD | -0.038 | 0.01 | 0.01000 | 38,597,193 | 162,406,750 |
| Kraken (Futures) | PI_XBTUSD | -0.169 | 0.09 | -0.00106 | 38,158,270 | 7,711,224 |
| BingX (Futures) | BTC-USDC | 0.000 | 0.02 | 0.01000 | 36,416,459 | 240,974,060 |
| Huobi Futures | BTC-USD | -0.262 | 0.01 | 0.13320 | 36,281,800 | 11,950,027 |
| Phemex | BTCUSD | -0.058 | 0.10 | 0.05913 | 31,597,323 | 341,056,663 |
| Bitget Futures | BTCUSD | 0.004 | 0.01 | 0.00469 | 22,994,034 | 89,974,754 |
| KuCoin Futures | XBTUSDM | -0.013 | 0.02 | -0.03120 | 22,244,334 | 3,642,596 |
| Gate.io (Futures) | BTC_USD | -0.057 | 0.06 | 0.01000 | 19,448,569 | 1,519,932 |
| BitZ (Futures) | 201 | -0.009 | 0.13 | 0.00000 | 17,312,302 | 268,684,298 |
| BaseFEX | BTCUSDT | -0.079 | 0.04 | 0.01000 | 17,272,631 | 18,032,837 |
| CoinEx (Futures) | BTC-USDT | -0.013 | 0.01 | -0.01176 | 8,225,794 | 70,360,670 |
| dYdX Perpetual | PBTC-USDC | 0.090 | 0.05 | 0.00001 | 7,554,375 | 1,121,936 |
| MEXC Global (Futures) | BTC_USD | 0.178 | 0.01 | 0.02190 | 5,442,500 | 45,130 |
| BitZ (Futures) | 1 | 0.055 | 0.11 | 0.00000 | 5,427,012 | 84,214,110 |
| WOO Network (Futures) | PERP_BTC_USDT | -0.020 | 0.02 | -0.00019 | 4,626,294 | 41,078,183 |
| Kumex | XBTUSDM | -0.052 | 0.11 | 0.01000 | 4,542,007 | 12,254,524 |
| BitMEX | BCHUSD | -0.071 | 0.05 | 0.02690 | 4,286,551 | 2,071,978 |
| Drift Protocol | BTC-PERP | 0.000 | 0.00 | 0.12668 | 4,226,706 | 0 |
| Bit.com | BTC-PERPETUAL | 0.197 | 0.02 | 0.00000 | 4,090,270 | 6,338,440 |
| Deribit | BTC_USDC-PERPETUAL | 0.091 | 0.02 | -0.04273 | 3,940,027 | 2,060,450 |
| Hopex | BTCUSDT | -0.031 | 0.00 | 0.00000 | 3,598,365 | 572,584,892 |
| Perpetual protocol | BTC_USDC | 0.000 | 0.00 | -0.02000 | 2,913,536 | 0 |
| AscendEX (BitMax) (Futures) | BTC-PERP | 0.041 | 0.00 | -0.01264 | 2,749,688 | 1,621,088 |
| BitMax (Futures) | BTC-PERP | -0.105 | 0.00 | 0.04963 | 2,439,673 | 7,922,145 |
| BitZ (Futures) | BTC_USDT | -0.001 | 0.03 | 0.00000 | 2,082,641 | 11,464,759 |
| Kumex | XBTUSDTM | 0.058 | 0.11 | 0.01000 | 1,999,642 | 1,926 |
| Hopex | BTCUSD | 0.008 | 0.00 | 0.00000 | 1,965,870 | 270,255,710 |
| Mango Markets (Derivatives) | BTC-PERP | -0.092 | 0.28 | 0.00583 | 1,573,348 | 63 |
| CoinEx (Futures) | BTC-USD | -0.105 | 0.06 | 0.03214 | 1,303,783 | 1,157,509 |
| Bithumb (Futures) | BTC-PERP | -0.099 | 0.13 | 0.04236 | 1,300,023 | 7,381,074 |
| Perpetual Protocol | BTC_USD | 0.000 | 0.00 | -0.00008 | 1,242,139 | 841,931 |
| BigONE Futures | BTCUSD | -0.018 | 0.02 | 0.01000 | 909,279 | 59,438,568 |
| BigONE Futures | BTCUSDT | 0.021 | 0.02 | 0.01000 | 869,327 | 230,981,615 |
| ZB (Derivatives) | BTC_USDT | 0.994 | 0.13 | 0.01000 | 848,581 | 774,149,658 |
| dYdX Perpetual (L1) | PBTC-USDC | 0.128 | 77.50 | 0.00000 | 843,580 | 410,367 |
| Bit.com (Futures) | COIN-M:BTC-PERPETUAL | 0.079 | 0.03 | 0.00000 | 789,320 | 142,086,793,600 |
| Kraken (Futures) | PI_BCHUSD | 0.353 | 0.35 | -0.38248 | 695,194 | 45,770 |
| BIT (Futures) | COIN-M:BTC-PERPETUAL | 0.003 | 0.07 | 0.00000 | 671,215 | 69,904,062,945 |
| ZB (Derivatives) | BTC_QC | -0.010 | 0.06 | 0.01000 | 666,061 | 20,640,169 |
| HitBTC (Derivatives) | BTCUSDT_PERP | -0.060 | 0.03 | 0.01248 | 547,842 | 8,683,347 |
| Powertrade (Derivatives) | BTC-USD-PERPETUAL | -5.503 | 0.01 | 5,645,423.00000 | 514,309 | 1,134,759 |
| Bit.com (Futures) | BTC-PERPETUAL | 0.014 | 0.06 | 0.00000 | 503,410 | 4,689,380 |
| Bitmart Futures | 1 | 0.048 | 0.01 | -0.00151 | 416,497 | 660,863,582 |
| Crypto.com Exchange (Futures) | BTCUSD-220325 | 0.086 | 0.05 | 0.00000 | 415,158 | 359,471 |
| BaseFEX | BTCUSD | 0.013 | 0.04 | 0.01000 | 314,593 | 3,087,350 |
| Crypto.com Exchange (Futures) | BTCUSD-220225 | 0.234 | 0.22 | 0.00000 | 291,801 | 203,876 |
| Bit.com (Futures) | BTC-USDT-PERPETUAL | -0.065 | 0.06 | 0.00000 | 243,717 | 58,703 |
| Bitmart Futures | BTCUSD | 0.021 | 0.01 | 0.00769 | 190,706 | 22,206,403,377 |
| MCDEX (BSC) | BTC-BUSD | 0.000 | 0.80 | 0.06702 | 146,347 | 9,391 |
| Bitget Futures | BTCUSD_DMCBL_221230 | 0.326 | 0.05 | 0.00000 | 125,348 | 698,180 |
| Crypto.com Exchange (Futures) | BTCUSD-211231 | 0.017 | 0.11 | 0.00000 | 86,159 | 148,680 |
| Crypto.com Exchange (Futures) | BTCUSD-220624 | -0.156 | 0.02 | 0.00000 | 70,307 | 136,184 |
| BitZ (Futures) | BTC_USD | -0.001 | 0.08 | 0.00000 | 50,787 | 296,651 |
| Crypto.com Exchange (Futures) | BTCUSD-220930 | -0.983 | 0.04 | 0.00000 | 44,827 | 376,080 |
| Bitget Futures | BTCUSD_DMCBL_230331 | 0.329 | 0.02 | 0.00000 | 44,040 | 694,608 |
| Crypto.com Exchange (Futures) | BTCUSD-220527 | -0.093 | 0.10 | 0.00000 | 21,324 | 18,506 |
| MCDEX (Arbitrum) | BTC-USDC | -2.771 | 0.20 | -0.00005 | 18,218 | 4,556 |
| Crypto.com Exchange (Futures) | BTCUSD-220128 | 0.061 | 0.10 | 0.00000 | 17,046 | 60,591 |
| CoinFLEX (Futures) | BTC-USD-SWAP-LIN | 0.000 | 0.08 | 0.00000 | 11,903 | 34,355 |
| Crypto.com Exchange (Futures) | BTCUSD-220429 | 0.054 | 0.10 | 0.00000 | 7,160 | 7,059 |
| Crypto.com Exchange (Futures) | BTCUSD-220729 | -0.526 | 0.05 | 0.00000 | 5,735 | 3,564 |
| Bit.com (Futures) | USD-M:BTC-USD-PERPETUAL | 0.143 | 0.02 | 0.00000 | 341 | 40,440,020 |
| BIT (Futures) | USD-M:BTC-USD-PERPETUAL | 0.087 | 0.02 | -0.00090 | 333 | 38,684,172 |
| Alpha5 | XBTUSD | 7.706 | 0.57 | 0.00003 | 292 | 11,194 |
| Biki (Futures) | 28 | -0.020 | 0.13 | 0.00997 | 0 | 4,057,314,709 |
| BTCEX (Futures) | BTC-USDT-PERPETUAL | -0.024 | 0.01 | 0.00060 | 0 | 1,801,839,159 |
| BTCEX (Futures) | BTC-25MAR22 | -0.302 | 0.01 | 0.01000 | 0 | 1,631,238,351 |
| HBTC (Futures) | BTC-PERP-REV | -0.004 | 0.01 | -0.02077 | 0 | 1,586,088,571 |
| Deepcoin (Derivatives) | BTCUSDT | 0.010 | 0.02 | 0.01231 | 0 | 1,495,235,836 |
| Bitget Futures | CMT_BTCSUSDT | -0.003 | 0.01 | -0.01086 | 0 | 805,185,697 |
| BHEX (Futures) | BTC-PERP-REV | -0.014 | 0.01 | -0.01084 | 0 | 661,137,486 |
| BHEX (Futures) | BTC-PERP-BUSDT | -0.014 | 0.01 | 0.00422 | 0 | 544,266,307 |
| CoinTiger (Futures) | BTCUSDT | 0.038 | 0.01 | 0.00381 | 0 | 506,304,626 |
| Biki (Futures) | 11 | -0.022 | 0.10 | 0.00993 | 0 | 460,193,559 |
| Bybit | BTCUSDM21 | -1.335 | 0.01 | -0.04060 | 0 | 329,470,782 |
| BitZ (Futures) | BTC_DKKT | 2.155 | 0.07 | 0.00000 | 0 | 297,641,032 |
| Stormgain Futures | BTC-PERPUSDT | 0.000 | 0.03 | 0.00400 | 0 | 212,488,806 |
| Bybit | BTCUSDU21 | -6.760 | 0.01 | -0.04060 | 0 | 205,364,120 |
| HBTC (Futures) | BTC-PERP-BUSDT | 0.051 | 0.01 | -0.00284 | 0 | 203,428,138 |
| BitZ (Futures) | 301 | 0.042 | 0.12 | 0.00000 | 0 | 186,963,949 |
| Biki (Futures) | 1 | 1.440 | 0.02 | -0.16641 | 0 | 140,945,714 |
| Deepcoin (Derivatives) | BTCUSD | -0.023 | 0.06 | 0.00943 | 0 | 128,057,878 |
| Biki (Futures) | 29 | -0.020 | 0.12 | 0.01544 | 0 | 107,521,811 |
| Biki (Futures) | 17 | -0.019 | 0.11 | 0.01790 | 0 | 99,640,498 |
| Bitflyer (Futures) | FX_BTC_JPY | 0.000 | 0.01 | 0.00000 | 0 | 78,976,922 |
| Binance (Futures) | BTCUSDT_210326 | -4.217 | 0.18 | 0.00000 | 0 | 55,708,338 |
| Biki (Futures) | 16 | 0.027 | 0.11 | -0.03174 | 0 | 43,147,817 |
| HBTC (Futures) | BTC-SWAP | -0.019 | 0.07 | -0.00668 | 0 | 39,112,668 |
| HBTC (Futures) | BTC-SWAP-USDT | -0.064 | 0.02 | 0.01014 | 0 | 30,321,688 |
| Crypto.com (Futures) | BTCUSD-PERP | 0.000 | 0.05 | 0.00000 | 0 | 28,463,889 |
| ZBG Futures | BTC_USD-R | 0.243 | 0.01 | -0.00638 | 0 | 27,563,179 |
| GMO Japan (Futures) | BTC_JPY | 0.000 | 0.02 | 0.00000 | 0 | 24,494,171 |
| Delta Exchange | BTCUSDT | -0.176 | 0.01 | 0.05600 | 0 | 23,882,819 |
| Biki (Futures) | 25 | -0.023 | 0.12 | 0.00998 | 0 | 15,249,112 |
| Bitget Futures | BTCPERP_CMCBL | -0.023 | 0.01 | -0.06000 | 0 | 11,987,591 |
| Biki (Futures) | 27 | -0.020 | 0.12 | 0.00998 | 0 | 10,865,415 |
| Biki (Futures) | 26 | -0.023 | 0.15 | 0.00993 | 0 | 10,138,308 |
| Biki (Futures) | 21 | -0.024 | 0.14 | 0.00997 | 0 | 10,103,314 |
| Biki (Futures) | 15 | -0.021 | 0.12 | 0.00997 | 0 | 9,924,614 |
| Delta Exchange | BTCUSD | -0.116 | 0.01 | 0.06750 | 0 | 8,511,155 |
| ZBG Futures | BTC_USD-R20190927 | 0.000 | 0.11 | 0.00000 | 0 | 8,043,860 |
| Biki (Futures) | 24 | -0.028 | 0.17 | 0.00166 | 0 | 6,828,717 |
| Biki (Futures) | 19 | -0.121 | 0.11 | -0.00003 | 0 | 6,584,926 |
| Biki (Futures) | 18 | 0.063 | 0.12 | 0.01940 | 0 | 6,486,261 |
| Injective Exchange (Futures) | BTC/USDT PERP | 0.224 | 0.09 | 0.00760 | 0 | 4,008,293 |
| Helix (Futures) | BTC/USDT PERP | -0.028 | 0.01 | 0.00050 | 0 | 2,807,954 |
| Bibox (Futures) | 4BTC_USDT | 0.000 | 0.01 | 0.00000 | 0 | 2,443,207 |
| Crypto.com (Futures) | BTCUSD-210625 | 0.000 | 0.06 | 0.00000 | 0 | 868,907 |
| MCDEX (BSC) | BTC-USX | -0.548 | 0.00 | 0.00000 | 0 | 561,379 |
| ZBG Futures | BTC_USD-R20190628 | 0.000 | 0.11 | 0.00000 | 0 | 311,190 |
| Injective Pro (Futures) | BTC/USDT PERP | -0.451 | 0.03 | 0.00040 | 0 | 292,561 |
| Biki (Futures) | 14 | -0.021 | 0.14 | 0.00998 | 0 | 280,646 |
| BHEX (Futures) | BTC-SWAP-USDT | 0.004 | 0.12 | -0.02497 | 0 | 124,255 |
| Crypto.com Exchange (Futures) | BTCUSD-210924 | 0.183 | 0.13 | 0.00000 | 0 | 114,430 |
| BHEX (Futures) | BTC-SWAP | 0.052 | 0.07 | -0.01350 | 0 | 39,659 |
| MCDEX | 00002 | 0.000 | 0.00 | 0.00000 | 0 | 34,889 |
| Globe (Derivatives) | BTC-PERP | -0.284 | 0.13 | 0.66667 | 0 | 28,416 |
| Crypto.com Exchange (Futures) | BTCUSD-211126 | 0.065 | 0.09 | 0.00000 | 0 | 25,256 |
| EQONEX (Perpetual) | 25 | -2.339 | 7.41 | -80.48430 | 0 | 20,713 |
| Bitmart Futures | 32895 | 0.043 | 0.03 | 0.01690 | 0 | 15,640 |
| ACDX Futures | BTC-PERP | -1.082 | 0.04 | 0.00000 | 0 | 13,950 |
| Crypto.com (Futures) | BTCUSD-210924 | 0.000 | 0.12 | 0.00000 | 0 | 9,349 |
| Crypto.com (Futures) | BTCUSD-211231 | 0.000 | 0.24 | 0.00000 | 0 | 8,974 |
| Crypto.com Exchange (Futures) | BTCUSD-210625 | 0.000 | 0.33 | 0.00000 | 0 | 5,475 |
| MCDEX | BTC-USDC | -0.369 | 0.12 | 0.03156 | 0 | 2,262 |
| Bitfinex (Futures) | BTCF0:EUTF0 | -0.109 | 0.04 | -0.08730 | 0 | 1,753 |
| Liquid Perpetuals | P-BTCUSD | -1.188 | 1.19 | 0.00500 | 0 | 1,212 |
| BitZ (Futures) | BTC_USDT_BZ | -1.676 | 0.04 | 0.00000 | 0 | 868 |
| Biki (Futures) | 2 | -0.170 | 0.11 | -0.13722 | 0 | 406 |
| DueDEX | BTCUSD | 0.663 | 0.00 | 0.01000 | 0 | 134 |
| DueDEX | BTCUSDT | -2.508 | 0.00 | 0.01000 | 0 | 126 |
| Liquid Perpetuals | P-BTCJPY | -2.114 | 1.00 | 0.04700 | 0 | 105 |
| Binance JEX (Futures) | BTCUSDT | 0.491 | 0.86 | 0.01000 | 0 | 10 |
| MCDEX (BSC) | BTC-ETH | 0.310 | 0.02 | 0.00000 | 0 | 0 |
| Stormgain Futures | BTC-PERPDAI | NaN | 0.04 | 0.00400 | 0 | 0 |
| Stormgain Futures | BTC-PERPUSDC | NaN | 0.11 | 0.00400 | 0 | 0 |
| Stormgain Futures | BTC-PERPUDAI | NaN | 0.11 | 0.00400 | 0 | 0 |
| Prime XBT | BTC/USDC | 0.000 | 0.00 | 0.00000 | 0 | 0 |
| Prime XBT | BTC/USDT | 0.000 | 0.00 | 0.00000 | 0 | 0 |
| CoinFLEX (Futures) | BTC-USD-SWAP-LIN_LIQ | 0.000 | 0.00 | 0.00000 | 0 | 0 |
| CoinFLEX (Futures) | BTC-USD-SWAP-LIN-LIQ | 0.000 | 0.00 | 0.00000 | 0 | 0 |
Future Contracts on Indexes with Bitcoin embeded
Another way of hedging positions for the mid-term is using future contracts on indexes with the asset price as a component of the the index.
Unfortunatelly, no future contract on index consisting of BTC exists.
Perpetual Swaps on Indexes with Bitcoin component
Sometime the best option to hedge Bitcoin is to short with perpetual contract idefinitely.
Earning swaps can be in some cases crucial for the positioning.
| Exchange | Symbol | Premium (-) Discount (+) |
Spread | Funding Rate | Open Intrest | 24h Volume |
|---|---|---|---|---|---|---|
| BTSE (Futures) | BBCXPFC | -1.309 | 0.59 | 0.00000 | 0 | 30,866 |
Other crypto related Indexes (Perpetual Swaps)
There are several specyfic cryptocurrencies market Indexes which can be considered as a hedge
for the trading positions. As Bitcoin take the lion's share of the whole market capitalisation,
BTC dominance is one of the most notable.
Even more than on other markets, Bitcoin volatility influences almost all the trading pairs
traded with both BTC and altcoins at the same moment.
| Exchange | Symbol | Premium (-) Discount (+) |
Spread | Funding Rate | Open Intrest | 24h Volume |
|---|---|---|---|---|---|---|
| Bitfinex (Futures) | BTCDOMF0:USTF0 | 0.014 | 0.04 | 0.00000 | 274,178 | 24,944 |
| Bitfinex (Futures) | TBTCDOMF0:USTF0 | 0.060 | 0.17 | -0.11774 | 163,844 | 109,181 |
| Binance (Futures) | BTCDOMUSDT | -0.094 | 0.02 | 0.01000 | 6,097 | 3,362,530 |
| BTSE (Futures) | BDIPFC | -0.143 | 0.30 | 0.00000 | 2,482 | 41,193 |
| BTSE (Futures) | BTCDOMPFC | 0.526 | 8.07 | 0.00000 | 0 | 12,589,606 |
Negative correlation with Bitcoin
Check correlations with Bitcoin or use a custom form to check BTC changes in correlation coefficient with other token.
Stable coins or non-crypto assets can also be considered for hedging positions.