The Basis 基差 The difference between the futures price and the spot price is known as the basis
The Basis 基差 The difference between the futures price and the spot price is known as the basis
Base Example Date Cash March Futures Basis November $5.30/bushel $5.47/bushel $-0.17 February $5.10/bushel $5.22/bushel $-0.12 Gain or Loss $-0.20 $-0.15
_ Date Cash March Futures Basis November $5.30/bushel $5.47/bushel $-0.17 February $5.10/bushel $5.22/bushel $-0.12 Gain or Loss $-0.20 $-0.15 ————————————————————————— Base Example