"CME futures basis (annualized spread between spot and futures price) is skyrocketing. CME is a cash settled futures contract and the only one accessible by US investors. Deribit is offshore & BTC native, so the futures basis most always trades higher than CME. That just flipped"
BITMEX BXBT is used as spot index and Dec21 quarterly and CME BTC continuous are used as futures prices. Deribit basis is the denominator.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.