Bitmex Futures vs. Spot

10 เม.ย. 2021

Plots the Bitmex June 2021 futures vs. Spot price

Contracts are XBTM21 (June 21)
XBTUSD (Perpetual contract)

This idea plots (XBTM21 - XBTUSD) as the blue series and plots XBTUSD as the candlestick series

The bitmex june future was trading at a $6,000 premium earlier today! Now has dropped back to $5,000.

Upon expiry the future spread will drift to zero ... So, selling short the future vs. spot you have is a great arbitrage trade if you want to capture the premium risk-free

13 เม.ย. 2021

บันทึก

People are now paying a ~$7,000 premium (per BTC) for futures which expire in two months. This premium will go to zero by June 25th. There's money to be made here arbitraging contracts

23 เม.ย. 2021

บันทึก

Update: that premium has now crashed - hit zero on the first dump then rebounded somewhat. Now drifting down to it's eventual target of $0