Crypto derivatives

Basis

The gap between a futures price and its underlying spot or index price.

Basis is the difference between a futures price and the underlying spot or index price. A positive basis (contango) means futures trade above the underlying; a negative basis (backwardation) means below. For Vietnamese stocks, Sóng shows VN30F1M futures minus the VN30 cash index; for crypto it appears as perpetual mark price versus spot.

Educational content, not financial advice.