Ethereum: Binance Extract Futures Prices

Here is a Python script that retrieves the price of an Ethereum/US Dollar (ETHUSD) futures contract on Binance using its API:

import requests

def get_ethusd_futures_price(symbol, api_key, api_secret):

""""

Retrieves the current ETHUSD futures price from the Binance API.

Arguments:

symbol (str): The symbol of the futures contract. For example, "ETHUSDT" for Ethereum/US Dollar.

api_key (str): Your Binance API key.

api_secret (str): Your Binance API secret.

Returns:

float: The current price of ETHUSD futures.

""""








Ethereum: Binance Extract Futures Prices

Set your API credentials

base_url = f'


Set your API endpoint and parameters

endpoint = base_url + '/' + symbol


Set your API key and secret as headers

headers = {

'API Key': api_key,

'API Secret': api_secret

}

try:

response = requests.get(endpoint, headers=headers)

response.raise_for_status()

Raise exception for HTTP errors (4xx or 5xx)

data = response.json()


Returns the first price value if it exists; otherwise return None

prices = data[0]

if prices:

return float(prices['price'])

otherwise:

return None

except for requests.RequestException like e:

print(f"Error retrieving ETHUSD futures price: {e}")

return None


Example usage

api_key = 'YOUR_API_KEY'

api_secret = 'YOUR_API_SECRET'

symbol = 'ETHUSDT'

ethusd_price = get_ethusd_futures_price(symbol, api_key, api_secret)

if ethusd_price:

print(f"Current ETHUSD futures price: {ethusd_price}")

otherwise:

print("Failed to retrieve current ETHUSD futures price.")

Note that you will need to Replace 'YOUR_API_KEY'' and‘YOUR_API_SECRET” with your actual Binance API credentials. Additionally, this script assumes that you are running it in a local environment where the Binance API can be accessed without authentication.

Also, keep in mind that there may be speed limits or other restrictions on using the Binance API to access your market data. It is always a good idea to review Binance’s documentation and terms of service before using their API.

If you need to make multiple requests per second (e.g. for automated trading strategies), consider using a library like yfinance to retrieve historical prices or binance-api-client, which is specifically designed to interact with the Binance API.

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