Chart description
The 3 Month Futures Annualized Rolling Basis measures the annualized yield (percent return) that can be had by buying a spot asset and simultaneously selling a futures contract on that asset that expires in 3 months. Due to various supply, demand, and liquidity factors, crypto futures contracts will often trade at a price above that of the spot price. When this happens, market participants can do what is referred to commonly as a ‘basis trade’, allowing them to profit the difference in price between spot and a futures contract without taking on any directional exposure. On rare occasions, the data may show a temporary gap if the exchange has not yet made the relevant 3-month futures contract available.
XRP Futures Annualized Rolling Basis (3M) latest values
$420,690
10 minutes ago