SHELLUSDT Spot vs. Perpetual Futures: Similar Prices, Different Trading Activity
At the October 14, 08:28 UTC snapshot, SHELL traded around $0.02215 on Binance Spot and $0.02214 on USDT perpetual futures.
The Spot rolling 24-hour volume was approximately 6.52 million SHELL, while the perpetual futures volume was approximately 29.02 million SHELL. Their quote volumes were about 143,906 USDT and 640,375 USDT, respectively.
These figures belong to different markets and should not be combined as if they represented one Spot volume total.
#SHELL #BinanceFutures #SpotTrading
At the October 14, 08:28 UTC snapshot, SHELL traded around $0.02215 on Binance Spot and $0.02214 on USDT perpetual futures.
The Spot rolling 24-hour volume was approximately 6.52 million SHELL, while the perpetual futures volume was approximately 29.02 million SHELL. Their quote volumes were about 143,906 USDT and 640,375 USDT, respectively.
These figures belong to different markets and should not be combined as if they represented one Spot volume total.
#SHELL #BinanceFutures #SpotTrading