 Hello and welcome to the CrossBPO add-ons video. This video will be going over how to install and use the CrossBPO add-ons. To install the CrossBPO add-ons, simply go to the Knowledge Base. Navigate to the Knowledge Base from the application. Go to the top left where it says Help. Go to User Guide. And from User Guide, you can go to the top right and click on Add-ons. Navigate to the CrossBPO tab. Scroll down to where it says Install the CrossBPO add-on here. Once you've clicked on it and installed it, go back into Bookmap. Go to the top left. Configure add-ons. Go to Add add-on. Add the CrossBPO indicator here. And you should be greeted with a screen showing all your active instruments. Now to use the CrossBPO add-on, there are numerous use cases. The primary use case would be to look at different market spreads on a single ticker. For instance, right now I'm looking at the multi-book perp for Bitcoin USGT. At the same time, I've got the last trades for Hoby, Binance Futures, OKX, Coinbase Pro, and the BestBit and Offer for Bybit enabled. Now let's have a look at this recent sort of pump. If I look at this, I can see this orange line trades much longer, much higher. And what I can see from this is Binance Futures had a steady incline. The trades took a while and executed much later than the trades from Bybit, Hoby, and OKX. As you can see, these came in much earlier. This tells me that the moves were happening on different exchanges, but HarbourShash slowly caught up and finally Binance Futures got the information. Now you could be saying that on Binance, there were no walls here and we can look at the Binance ticker for this time and see if the walls were hit all the way back. And on here, you can see that this is where everything happened. This is where Binance happened. And it took a very long time for Binance to finally come in to affect and you can see the volume sort of happens, the hunting of crosses. It's a very large sort of spread here and finally hitting the wall here. So though you'd have got the information much later, you could have sort of seen that you're expecting a push up and a slow decline. But that's something that you could have captured on with this cross-PBO add-on is the fact that prices were looking to wick into this and decline. You zoom out and see price continues to go down and everything sort of appears as normal. But always as a constant, you can see the Coinbase Pro is always higher than Binance's price. This tells me that people on Coinbase Pro like to trade short more and the market makers or the powers that be at that time always like to take the shortstop and have to be more aggressive with the shortstop much higher. Price versus also true for the buy-bit trigger. As you can see, this one's always an inch lower. And if we just go into our add-ons again and hone into just both the Coinbase Pro and the Will-Be and uncheck the Will-Be one to look at the buy-bit and Coinbase by itself and then go into chart visible components and turn off the ask-a-bit for Binance and just look at it overlaid within the Binance or price. So we can see the pink and the lilac are the asks whereas yellow and the orange are the bids. Orange being for Coinbase Pro and yellow being for buy-bit in my case. You can see that though the spread's a different price will look like the same and again this is information you can only sort of get from tick sort of data and this is what I mean by spread. Spread is just the difference between the best ask and best bid. Spread from exchange to exchange differs as different people trade on different exchanges so the behaviors are different. The behaviors on buy-bit are more lower-focused because they're trying to take out more longs than they are to end to take out more shorts. And for Coinbase Pro they're trying to take out shorts and it's much easier to take out shorts if they go higher to take them out here. You can see they have to hang around for much longer because they know that they're not in fear of introducing new shorts in the market if they go up higher. But at the same time they know if they stay up a bit higher they can always get people suckers bets as I like to call them enter in at this price then liquidate them at a lower price. This is one instance where you can use cross BBO to glean an advantage. I go back to this credentials and we go back into this add-ons page and we look at this options and just turn off the buy-bit and just look at last trades. You can see that often the green line in this case buy-bit will always trade lower than any other exchange. Price of cross-biz exchanges will appear the same on the ticker but that is when they finalize the price at close because they like to keep closes to the same sort of price. In terms of stop hunts and last price because you get stopped out based off of the last mark price depending on how you enter your thoughts. You'll be stopped out if you enter some stops here on Coinbase Pro and maybe not on buy-bit. As you can see there are some differentials between the exchanges. This can also help you try to identify which exchange you may or may not want to use just purely based on spread data as well as trying to identify where to place your stops and if you need to actually force yourself out of a position. For instance, if we go back to the case we have on here you can see that Binance finally does all the movement here and if we re-add the Binance asking bit, Binance does its move here but to you it might be so scary on Binance saying they're still taking the time in doing this so you may already be in the shore or enter the shore at say this wall and then said oh no price continue to go up, do I do or do I do not want to take my position off out of fear of price going higher and looking at other exchanges you can see that you in fact want to keep your shore in place at least for meanwhile as you can see you would have been profitable in that shore for a while to come but you may have as they call it paper handed it because you are scared of what was showing on Binance and how the spread was moving as you can see this is what we call spread, spread widens and arbitrage takes you into effect as all the exchanges are done with collecting orders but Binance is not done because Binance has more traders than most other exchanges so maybe they needed the extra time to get these people into long or take the stops so prices on multiple exchanges go down, Binance stays up and arbitrage takes you into effect then there you go Binance snaps back and trades with everything else it's using these sort of and exploiting these behaviors that can give you an advantage using the cross BBO indicator that has been one of the use cases you can use cross BBO indicator if you find more use cases leave a comment in the video description below and share it with everyone else I hope you enjoyed this video if you found use case and found it helpful for you if you have, leave a like subscribe to this channel for more and I'll catch you guys on the next one peace