Velo - BTC chart Overview
Here is the list of data related to BTC price available here: Velo - Futures - BTC with a summary made with ChatGPT.
[TOC]
Futures
- BTC 24h Volume
- BTC Open Interest Snapshot
- BTC funding Rare (APR)
- BTC Open Interest
- BTC Price
- BTC CVD Dollars
- BTC Liquidations BTC 3 month Annualized Basis
- BTC Volume
- BTC 1m Average Return By Hour (UTC)
- BTC 1m Average Return By Day (UTC)
- BTC Cumulative Return By Session
BTC 24h Volume
The total dollar value of all BTC traded across all major exchanges in the past 24 hours.
- Why it matters: High volume = high interest/activity. It can indicate strong momentum or market participation.
BTC Open Interest Snapshot
The total number of outstanding BTC futures or options contracts at a given time (a “snapshot”).
- Why it matters: It shows how much money is locked into derivatives. Rising OI means traders are opening more positions.
BTC Funding Rate (APR)
The interest paid between long and short traders on perpetual futures, shown annualized.
- Why it matters:
- Positive rate = Longs paying shorts → Bullish bias
- Negative rate = Shorts paying longs → Bearish bias
- APR means this rate is scaled to a yearly equivalent.
BTC Open Interest
Same as above, but often shown as a trend over time.
- Why it matters: Helps spot leverage build-up or unwind (e.g., if OI drops sharply = possible liquidations).
BTC Price
Current spot price of Bitcoin.
- Why it matters: The most fundamental stat, obviously. Everything else revolves around this.
BTC CVD (Cumulative Volume Delta) - Dollars
The net difference between market buys and sells, in dollar terms.
- Why it matters:
- Positive CVD = More aggressive buying
- Negative CVD = More aggressive selling
- It helps you see “who’s in control” of the tape.
See also tradingview.com - Cumulative Volume Delta
BTC Liquidations
Total value of forced closures of leveraged positions (longs or shorts).
- Why it matters: High liquidations = High volatility and potential reversals (e.g., long squeeze → price drops fast).
BTC 3-Month Annualized Basis
The premium of 3-month BTC futures over the spot price, shown as annualized %.
- Why it matters:
- Positive basis = Bullish bias (futures trade above spot)
- Zero/negative = Bearish or cautious sentiment
BTC Volume
Similar to 24h volume but can refer to a specific timeframe (hourly/daily/etc.).
- Why it matters: Helps assess market activity strength during specific windows.
BTC 1m Average Return By Hour (UTC)
Average return per minute, grouped by each hour of the day (UTC timezone).
- Why it matters: Shows what hours tend to be most bullish or bearish based on historical 1-min returns.
BTC 1m Average Return By Day (UTC)
Average return per minute, grouped by each day of the week.
- Why it matters: Helps you spot “day of the week” trends — maybe BTC tends to be bullish on Mondays, for instance.
BTC Cumulative Return By Session
Total return over time, grouped by sessions (e.g., Asia, Europe, US trading hours).
- Why it matters: Lets you see which trading session is driving the market. For example, maybe Asia is mostly selling and US is buying.
Option
- BTC implied Volatility Term structure
- BTC 24h Top Volume options
- BTC ATM Implied Volatility
- BTC 25 delta Skew
- BTC Spot-Vol Correlation
- BTC Implied Volatility Term Structure Slope
BTC Implied Volatility Term Structure
A curve showing implied volatility (IV) for BTC options across different expirations (e.g. 7d, 30d, 90d, 180d, etc.).
BTC 24h Top Volume Options
The most actively traded BTC option contracts in the last 24 hours (by volume).
-
Example: BTC-29NOV24-70000-C means a call option expiring Nov 29, 2024, with a strike of $70,000.
-
Why it matters:
- Shows where traders are speculating or hedging most.
- High volume near a specific strike/expiry = “hot zone” for market expectations.
BTC ATM Implied Volatility
The implied volatility of “At-The-Money” (ATM) options — where strike ≈ current BTC price.
- Why it matters:
- It’s the market’s best estimate of expected short-term volatility.
- Often used as the baseline for comparing other options (like the VIX for BTC).
See also Corporate Finance Institute - At The Money (ATM)
BTC 25-Delta Skew
The difference in implied volatility between 25-delta call options and 25-delta put options. Typically expressed as: IV(call 25d) – IV(put 25d)
- Why it matters:
- Measures sentiment bias.
- Negative skew → puts (downside protection) more expensive → fear / bearish sentiment.
- Positive skew → calls more expensive → bullish sentiment.
- It’s a key “fear vs greed” indicator in options markets.
See also marketchameleon - Option Volatility Skew
BTC Spot-Vol Correlation
The statistical correlation between BTC price changes (spot) and implied volatility changes.
- Why it matters:
- Negative correlation (usual case): when BTC falls, IV rises → traders buy options for protection.
- Positive correlation: when BTC rallies, IV also rises → traders chasing upside exposure.
BTC Implied Volatility Term Structure Slope
A quantitative measure of the steepness of the IV term structure curve (difference between long- and short-dated IV).
- Why it matters:
- Steep positive slope → market expects more long-term uncertainty or potential big moves later.
- Flat or inverted slope → near-term event risk or calm longer-term outlook.
- Useful for timing trades — e.g., buying short-term options ahead of volatility spikes.