Crypto Index-Price Data: Event Time vs Retrieval Time
Index price is a weighted average of spot prices from several venues. Each constituent's price, and the index itself, has its own time.
Short answer
Binance publishes index constituents (exchange, symbol, price, weight) with a time, and indexPrice alongside mark price in premiumIndex with its time. Some constituent prices are hidden as -1. When reconstructing or auditing the index, align constituent prices to the index time; prices fetched later from the venues themselves will differ. Store the index time and your retrieval time.
Which times the data carries
| Time | Present? | Meaning |
|---|---|---|
| Index time | Yes | Calculation time |
| Constituents time | Yes | Snapshot |
| Hidden constituents | -1 | Sentinel |
| Retrieval time | No | Record it |
Compare Crypto Index-Price Data across Binance, Bybit, OKX and Hyperliquid markets.
Open markets in ChartsPodWhat to record yourself
| Field to store | Why |
|---|---|
| index time | Event key |
| constituent prices | As of index time |
| weights | Calculation |
| received_at | Delay |
| sentinels | Exclude -1 |
Example
Illustrative: an audit using live venue prices fetched seconds later found a 0.1% 'error' in the index; with the constituent snapshot's own prices, it matched.
Related: Crypto Index-Price Data: Null vs Zero - Handle Missing Fields Correctly, Crypto Mark-Price Data: Event Time vs Retrieval Time.
Store the index time and your retrieval time.
Check Crypto Index-Price Data against a live market before relying on it.
Try it in ChartsPodQuestions readers ask
How do I audit an index price?
With constituent prices at the index time.
What does -1 mean?
A hidden constituent price.
Why does timing matter?
Venue prices move between reads.
Sources and methodology
Field definitions come from DEX Screener's API reference and CoinGecko's onchain API documentation, read 17 October 2026. Where a schema doesn't document a timestamp, this guide says so and recommends recording retrieval time yourself.
- Binance: USD-M Futures market data API — trades, depth, funding and open interest.
This article explains research tools and workflows. It is not financial advice, does not recommend buying or selling any asset and does not predict prices. Crypto derivatives carry a risk of rapid and total loss of margin.
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