Delivery Futures

Delivery futures are contracts that expire on a fixed date and settle to the spot index then, unlike perpetuals which never expire and use funding to tr…

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What is Delivery Futures in crypto trading?

Delivery futures are contracts that expire on a fixed date and settle to the spot index then, unlike perpetuals which never expire and use funding to track spot. Their price carries a basis to spot that converges to zero at expiry, so the basis is a term interest rate the market is quoting on the asset.

Crypto Jargon

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