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Crypto derivatives / oil perpetual

Brent oil perpetual

This page tracks the BingX USDT perpetual contract NCCO1OILBRENT2USD-USDT. Use it to inspect one crypto-venue oil derivative, not to replace Brent spot, futures settlement, broker CFD or tokenized oil data.

ContractNCCO1OILBRENT2USD-USDT
BingX perpetual chart
Public OHLCV candles from BingX public market API. This is a USDT perpetual derivative, not a spot Brent benchmark.
Start
$72.54
End
$73.46
3D range
+$0.92 / +1.27%
High
$75.76
Low
$72.50
$76.021$74.76$73.50$72.239Jun 26, 03:00 PMJun 29, 02:00 PM
price
$73.46
Selected point Jun 29, 02:00 PM; 3d range move +1.27%.
Candle range
$73.33 - $73.53
Low to high for the selected BingX candle.
Latest volume
190.29
BingX reported contract volume for the latest point.
Contract note
USDT perpetual
Useful for this venue contract, not for official Brent spot or futures settlement.
Reader answer

Use it as venue data, not an oil benchmark

The chart is useful when the question is how the BingX contract has traded. It is not enough when the question is the official Brent price, futures settlement, broker execution cost or physical oil exposure.

The contract is a derivative, so leverage and liquidation risk matter before chart direction.

Funding, contract specs and exchange rules can matter more than the headline oil move.

A crypto perpetual can diverge from Brent benchmarks during thin or stressed sessions.

Use licensed benchmark or broker data when the task requires official price comparison.

Product map
RouteAccessMain riskPractical use
BingX Brent perpetualCrypto derivatives venueLeverage, liquidation, funding, exchange and synthetic contract riskUseful for inspecting this specific USDT perpetual market
Brent spot or futuresLicensed commodity data or futures venueBenchmark, settlement, roll and data-license differencesBetter for official oil-market reference work
Broker oil CFDRetail broker accountBroker spread, overnight financing, margin and counterparty termsA leveraged trading product, not direct oil ownership
Tokenized oil wrapperToken or tokenized fund venueIssuer, fund wrapper, custody, market-hours and venue-liquidity riskA wrapper research layer, not a Brent perpetual substitute

What this chart can and cannot answer

BingX candles can answer a narrow question: where did this listed contract trade on this venue? The answer is useful for readers comparing crypto derivatives access, intraday volatility and venue-specific activity.

The chart cannot prove the official Brent price. It does not show ICE futures settlement, broker CFD execution, physical oil markets, or tokenized oil fund net asset value. Treat it as one derivative venue feed.

Why the risk profile is different

A perpetual is designed for trading exposure, usually with leverage and margin. That makes liquidation, funding, exchange rules and contract design central. A small oil move can be large for the account if position size is too high.

The safest reading is practical: use the chart to inspect market behavior, then read the exchange contract specs and compare against an independent Brent reference before making any trading assumption.

FAQ

Is the BingX Brent oil perpetual the same as Brent spot?

No. It is a USDT perpetual derivative listed by BingX. It can reference oil-like exposure, but it is not a spot Brent benchmark, ICE futures settlement price, broker CFD quote or tokenized oil wrapper.

What data does this page use?

The chart uses public BingX OHLCV candles for the contract symbol NCCO1OILBRENT2USD-USDT. The data is useful for inspecting this specific venue contract, not for establishing an official oil price.

What is the main risk of oil perpetuals?

The main risks are leverage, liquidation, funding, exchange counterparty risk, index or synthetic price design, and possible divergence from Brent benchmarks during volatile or illiquid periods.