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Trading & Pricing
Spot
The "right now" market — buy or sell BTC at today's price for immediate delivery
What is Spot?
The market for immediate delivery of an asset at the current price. Opposite of "futures" (where you trade a contract for future delivery) or "perpetuals" (perpetual-futures with funding rates). When we say "BTC price" without qualifier we mean spot.
Context anchor
Global BTC spot daily volume ~$30–50B; perp-futures often 5–10× larger
Example
Spot price = what BTC costs right now for immediate delivery
Also known as
spotspot marketspot tradespot btc