crypto-contract-value
The value of an unit of contract diffs in different exchanges, and even in the same exchange it differs in different markets.
For example:
- Each Binance perpetual
BTCUSDT
contract is valued at 100 USD, and each alt coin contract is valued at 10 USD. - Each OKX
BTC-USDT-SWAP
contract is valued at 0.01 BTC. - Each OKX
BTC-USD-SWAP
contract is valued at 100 USD. - The contract value of spot markets is always 1.
Given quantity
, the number of traded coins/contracts, we can multiply it by contract_value
to get the total traded coins/USDs.