Market Types

What Is the Difference Between Spot, USDT-M, and COIN-M?

All three markets provide candlestick data, but naming, settlement, and price behavior differ. Use one market type when comparing multiple charts.

Spot Market

Spot trading exchanges one asset for another. BTCUSDT represents BTC priced in USDT. Spot charts provide a base market reference without futures funding or expiry structure.

USDT-M Futures

USDT-margined futures use a stablecoin for margin and P/L settlement. They make cross-asset comparison easier, while funding and positioning can affect futures prices.

COIN-M Futures

Coin-margined futures use the corresponding digital asset for margin and settlement. The fiat value of collateral changes with the asset, so risk and P/L differ from USDT-M contracts.

Choosing a Market for Monitoring

Use spot when you need the base market price.
Use the same futures type when comparing several contracts.
Do not assume similar symbol names use the same market source; check the market label.
Compare the spot chart when investigating unusual short-term futures movement.

Market Switching in CoinTools

The market wall supports Spot, USDT-M, and COIN-M modes. Saving the workspace stores the selected market, symbols, intervals, and chart layout.

This guide explains market data types and does not recommend leverage. Futures involve greater risk, and monitoring a market does not mean it is suitable for every participant.

Compare Market Charts Read the Market Wall Guide