ESP Basis: Perp vs Spot Futures Premium (Live)

ESP Basis: Perp vs Spot Premium

Live ESP basis: the ESP perpetual futures price against the same exchange's spot price, perp / spot - 1. A positive basis is a futures premium, a negative one a discount. One row per venue pair on Binance and Bybit above the liquidity filter, then the recorded basis history for 24 hours, 7 days and all time.

ESP's OI-weighted perp-vs-spot basis is -0.07% right now (a discount), 0.012 percentage points above its 7-day average of -0.08%. Only one pair qualifies, so Binance is also the widest venue: ESPUSDT against ESPUSDT spot, at -0.07%.

1 comparable pairPerp OI $6.09MHistory since 27 SepAs of 11:44 UTC

ESP basis OI-weighted

-0.07%

live, across the pairs below

7-day average

-0.08%

hourly, every pair of the coin

Widest venue

-0.07% Binance

ESPUSDT vs ESPUSDT spot

Perp open interest

$6.09M

outside the top 50 by perp OI

ESP basis by venue

1 comparable pair · largest open interest first

Exchange	Perp	Spot	Basis	Open interest	Perp vol 24h	Spot vol 24h	Trade
Binance	ESPUSDT	ESPUSDT	-0.07%	$2.45M	$3.06M	$699K	Trade ↗

Not in the table: KuCoin ESPUSDTM (no same-venue spot market); MEXC ESP_USDT (no same-venue spot market); Bybit ESPUSDT (no same-venue spot market); Bitget ESPUSDT (no same-venue spot market); Gate ESP_USDT (no same-venue spot market); Aster ESPUSDT (no same-venue spot market).

ESP basis history

Perp vs spot, OI-weighted, every pair

Loading chart…

Chart: TradingView Lightweight Charts™

How to read it. Basis is perp / spot - 1 on the same exchange, shown live and un-annualised. Green is a premium (perp above spot), red a discount. Pairs need the same venue and quote currency, and the perp leg needs at least $500K open interest and $1.00M 24h volume. Compare every coin on the basis screener, and see ESP funding rates, which move for related reasons.

ESP basis FAQ

What is ESP basis?

ESP's basis is the gap between its perpetual futures price and its spot price on the same exchange, as a percentage: perp / spot - 1. A positive basis is a futures premium (the perp trades above spot), a negative one a discount. It tends to move with funding rates, because funding exists to pull the perp back to spot.

Why can the chart differ from the table?

The table is the live basis of each pair that clears the minimum-liquidity filter ($500K perp open interest, $1.00M 24h volume), from the latest trade price. The chart and the 7-day average are recorded history: every same-venue, same-quote pair of the coin, OI-weighted, from the perp mark price in 5-minute and hourly snapshots.

Why is Hyperliquid not in the table?

This site tracks no Hyperliquid spot markets, so a Hyperliquid perp has no same-venue spot price to compare against. Basis here covers Binance and Bybit only.

Is a high ESP futures premium a signal?

Not by itself. A rich premium often means leveraged longs are paying up, which also shows in funding; a stretched premium or discount can unwind quickly. Nothing here is financial advice.