Farside Investors (@FarsideUK): The Bitcoin futures basis rate has declined considerably from c10% when the Bitcoin price was over $100k.
Estimated coin impact
Scores are not price-change percentages. High impact means a score of +70 or more, or -70 or less.
- BTC-20Negative
The Bitcoin futures basis rate has declined considerably from c10% when the Bitcoin price was over $100k. The best you can earn on Bitcoin is around 6%, not worth the extra risk compared to 4.3% in US treasuries. No point opening new basis positions but might be worth keeping existing positions open for that 1.7% spread. farside.co.uk/basis/