basis trade

The basis trade captures the spread between spot and futures prices as a risk-adjusted yield.基差交易捕捉现货和期货价格之间的价差作为风险调整后收益率。

Positive funding rates make the basis trade profitable, but negative rates can erode returns quickly.正资金费率使基差交易有利可图，但负资金费率会迅速侵蚀回报。