Index Price vs Premium Index

Quick comparison to help you distinguish these two crypto terms.

Index Price
intermediate
strategy

The fair value of the underlying asset used as the reference for perpetual futures pricing, calculated as a weighted average of spot prices across multiple major exchanges to prevent manipulation.

Read full definition
Premium Index
intermediate
strategy

The percentage difference between the mark price and the index price; the primary component of the funding rate calculation; reflects the balance of demand between long and short sides of the perpetual futures market.

Read full definition
Browse full glossaryGet platform access