Spot Volume CVD
What Is Spot Volume CVD?
Cumulative Volume Delta for spot markets — the running total of the difference between taker buy and taker sell volume on exchanges.
How to Interpret
Rising CVD = net buying pressure dominating. Falling CVD during price increases = bearish divergence (sells being absorbed). CVD direction change often precedes price reversals.
More Derivatives Metrics
Futures Volume
The total daily trading volume of Bitcoin futures contracts across all exchanges. Measures the level of speculative activity and leveraged trading.
Term Structure
The curve showing futures contract prices across different expiration dates. Shows the relationship between spot price and forward delivery prices at various maturities.
Options Open Interest
The total number of outstanding Bitcoin options contracts. Shows the total notional value of calls and puts across exchanges like Deribit, CME, and others.
Options Volume
Daily trading volume in Bitcoin options contracts. Measures the level of options market activity and can indicate hedging demand or speculative interest.