How is the 24 hour percent change on Binance calculated

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When it comes to 24h Change on a specific Pair,

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How is this calculated?

If it's price at current time compared to price 24 hours ago, then for example:

the current price of BTC 9431 now (6/16/2020 5pm) is compared to the price of 9357 on 6/15/2020 at 5pm?

and an hour later (6pm) if I see it again will be compared to the price on 6/15/2020/6pm?

2 Answers

let say t_0 (price now ), t_24(price 24hours ago) so pirce_change(%)= ((price(t_0)-price(t_24))/price(t_0))*100

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