I’m thinking on the fly…
If they’re buying spot bitcoin today in order to sell it into a future’s contract, then the future price must be greater than today’s price. Because the arbitrage opportunity (future - spot) has to not only generate a profit but also account for their financing cost of holding the bitcoin during that period of time.
Also, wouldn’t one think that in such a trade there is MORE demand in today’s spot market which would drive today’s price UP while the future’s price would go down?
8r0ck3feller / 8R0ck3feller
npub1h4…a2jcm
2024-06-09 00:23:52
in reply to nevent1q…qhhv
Author Public Key
npub1h4lrzqnrne72xj00yl3zzr0k6qn93cqe5g4vvkfechs6mn89mwyqfa2jcmPublished at
2024-06-09 00:23:52Event JSON
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