FXCIPI   GLOBAL TRADING · COMPARE · RECORD
QUOTE UNITS 03

Align quote units before comparing BTCUSD and BTCUSDT

Convert hypothetical USD and USDT quotes to one unit before subtracting them. Keep provider, timestamp and price type in the record.

FXCIPI GLOBAL TRADINGUpdated
FXCIPI editorial cover about quote currencies to check before comparing prices. Cover text in Korean.
Editorial cover · calculations and sources follow below

Similar symbols, different units

BTCUSD expresses a bitcoin price in USD; BTCUSDT expresses it in USDT. This site's learning chart selects BINANCE:BTCUSDT and BINANCE:ETHUSDT. It does not establish another exchange's dollar price or an external service's settlement rules.

Convert a hypothetical observation

Assume simultaneous invented quotes of 100,000 USD/BTC, 100,200 USDT/BTC and 0.999 USD/USDT. Multiplying the latter two gives 100,099.8 USD/BTC. The common-unit difference is USD 99.8, or 0.0998% relative to USD 100,000.

Subtracting the original numbers and calling the difference “200 dollars” mixes units. None of these numbers describes a current token valuation or exchange price.

What conversion does not resolve

Check the asset and instrument type, all observation times, providers, and whether each value is a last trade, mid, bid or ask. Fees, transfer times and actual order availability are separate questions. Binance's market-data documentation identifies base and quote assets and distinguishes different price and volume fields.

Separate the calculation from its interpretation

Write “hypothetical common-USD difference: 0.0998%” first. Then list unverified timing, price-type and execution conditions. A numerical difference alone is not evidence of an executable opportunity. Keeping these statements separate makes later corrections traceable.

SOURCE NOTES

Check the original sources.

FOLLOW THE QUESTION

Where does this lead?

01Do not add quantity, turnover and price-update counts02BTC/USDT observation sheet03ETH/USDT observation sheet
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