In most large international funds, arbitrage or partial arbitrage is mainly used to participate in the futures or options market. With the development and diversification of the futures market in China, the large-scale market variety includes arbitrage, and arbitrage trading has become an effective means for small institutions in the futures market. (Most large funds in the world mainly participate in the futures or options market by arbitrage or partial arbitrage. With the standardized development of China's futures market and the diversification of listed products, the market contains a lot of arbitrage opportunities, and arbitrage trading has become an effective means for some large institutions to participate in the futures market. )