Reverse market, also known as reverse market or spot premium, means that under special circumstances, the spot price is higher than the futures price (or the recent monthly contract price is higher than the forward monthly contract price), and the basis is positive. In the reverse market, with the passage of time, the spot price and futures price will gradually converge to the delivery month, just like in the forward market. So, what should cattle do in the reverse market? How to make cattle scattered against the market? When there is insufficient supply, strong demand or relatively strong forward supply in the market, the contract price in recent months will increase more than that in distant months, or the contract price in recent months will decrease less than that in distant months. In this case, it is more likely to make a profit by buying the near-month contract of a futures product and selling the far-month contract for arbitrage. This is bullshit. As far as traders in the bull market spread are concerned, as long as the spread between two months tends to narrow, traders can make a profit, regardless of the rise and fall of futures prices. In essence, similar to the spread arbitrage operation in the bull spread, it is a speculative behavior aimed at the change of the spread in the futures market. By using the price distortion of some futures contracts in the market, it is predicted that the price distortion will eventually disappear, thus obtaining arbitrage profits.