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Trading & Pricing
Spot
The "right now" market — buy or sell BTC at today's price for immediate delivery
Definition
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