2. If you are interested in this aspect, I recommend you to download the software: the difference between the bid price and the bid price.
3. Price difference, a useful basis, refers to the difference between the spot price of a specific commodity at a specific time and place and the futures price of the commodity in the futures market. So in futures, the spread is generally positive, that is. Different reference objects; Used to measure market liquidity, I use it now. The more accurate the information, the smaller the spread.
4. When calculating the spread, when opening the position: basis = spot price-futures price.
Extended data:
Basis refers to the difference between the spot price of the hedged asset and the price of the futures contract used for hedging. Since both the futures price and the spot price will fluctuate, the basis will also fluctuate during the validity period of the futures contract. The uncertainty of basis is called basis risk. The key to reduce basis risk and realize hedging is to choose a highly matched hedging futures contract.
The basis risk is directly related to the basis at the time of hedging liquidation. When investors hold short positions in spot and futures, the basis of hedging liquidation day will be enlarged and investors will make a profit. On the contrary, when an investor will buy an asset in the future and hold a long future positions for hedging, and the basis on the hedging settlement date will expand, the investor will lose money.
The so-called spread futures is the arbitrage of futures.
On the classification of arbitrage
There are also several types of arbitrage.
1, spot arbitrage: arbitrage is carried out by using the price difference between futures and spot. Simply put, the price difference between futures and spot is not at the normal level, which will create arbitrage space.
2. Intertemporal arbitrage: the price difference between contracts of the same variety in different months is not at the normal level, and the price difference is the arbitrage space.
3. Cross-market arbitrage: Generally speaking, the arbitrage of the same variety in different exchanges is to use various abnormal price differences to make profits.
Baidu encyclopedia-spread futures
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