Dude, your storage fee is obviously translated wrong. No amount can be stored at $0.75 per gallon 1 month, and the cost exceeds 40%. How horrible! The most likely storage cost is $0.075 per gallon 1 month! If you buy in March and sell in April, you earn $65438 +0.6525- 1.6500 = 0.0025. This is not hot oil futures, it should be translated into fuel oil futures! The contract specification is 42,000 US gallons (1000 US barrels)! The maximum loss of trading is 0.075-0.0025=0.0725 USD per gallon, and the loss of a contract is 3045 USD! The biggest profit is successful arbitrage and no delivery, so there is no so-called storage cost, that is, earning 0.0025 US dollars per gallon and 105 US dollars per contract! This is arbitrage in the case of bearish market outlook, otherwise this spread is arbitrage, and you are out of your mind!

This idea is absolutely correct, and the key problem lies in the interpretation of digital translation in your sentence. The cost of shipping ho is $0.075 per gallon per month, which is unprecedented.