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you mention all elements being capped at 30bp divergence from the median. Which median are you referring to ?
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Just to clarify, for the listings that have both a btc and usd(t) pairing in their elements, if the usdt pairs were to diverge significantly from the btc pairs then the index would rebalance ?
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(To be clear--if the elements of an index are 100, 100.1, 100.2, 100.3, and 115, then we'd cap the 115 at 30bps above the median--0.3% above 100.2 ~ 100.5--and so the index would be the average of 100, 100.1, 100.2, 100.3, and 100.5, which would be 100.22)