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πŸ“ˆ Futures β€” full guide

The Futures scanner covers two related plays on perpetual contracts: cross-exchange futures spreads (the same perp priced differently on two exchanges) and basis (the gap between a coin's spot and its own futures on the same exchange). Both are NET β€” already minus fees.

⚠️ Educational, not financial advice. Futures use leverage β€” watch liquidation margin.

πŸ”€ Cross-exchange futures spreads

The same perpetual (say BTC/USDT) can trade at slightly different prices on two exchanges. You buy the cheaper perpand sell the dearer one, capturing the gap. Columns:

  • Buy @ / Sell @ β€” the two exchanges and their perp prices.
  • Spread / Net / Net profit β€” gross gap, after-fee gap, profit estimate.
  • Age β€” how long the spread has held.

Use the exchange filter to keep only the pairs of venues you actually trade on.

βš–οΈ Basis (spot vs futures) β€” cash-and-carry

Basis is the difference between a coin's spot price and its futures price on the same exchange. When futures trade above spot, you can buy spot + short the future and lock the gap as it converges β€” a delta-neutral "cash-and-carry" trade. Columns show the spot price, the futures price and the spread between them.

βœ… How to use it

  • Sort by Net β€” leverage magnifies both profit and fees, so the after-fee number is what matters.
  • For basis trades, pair it with Funding Radar: a positive basis often comes with funding you also collect.
  • Keep position size within safe margin β€” a sharp move can liquidate the perp leg before convergence.