#SpotVSFuturesStrategy
🔍 Spot vs Futures Strategy: Overview
Spot Market: Buying or selling an asset (like Bitcoin, stocks, or commodities) for immediate delivery.
Futures Market: Entering a contract to buy or sell an asset at a predetermined price at a future date.
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⚖️ Key Differences
Feature Spot Market Futures Market
Ownership You own the actual asset No ownership, just a contract
Leverage Typically none or low High leverage available
Risk Lower (if unleveraged) Higher due to leverage and liquidation
Use Case Long-term investing Hedging, speculation, arbitrage
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💡 Popular Spot vs Futures Strategies
1. Cash and Carry Arbitrage:
Buy the asset in the spot market.
Sell the same asset in the futures market (short futures).
Lock in the difference (if futures price > spot price).
Used in contango markets (futures > spot).
2. Reverse Cash and Carry Arbitrage:
Sell short in the spot market.
Buy the asset via futures contract.
Profitable when the futures price < spot price (backwardation).
3. Hedging with Futures:
If you're long in the spot market, you can hedge against downside risk by shorting futures.
4. Basis Trading:
Trade the basis, i.e., the difference between the spot and futures price.
Profitable when expecting convergence near futures expiry.
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📈 Example (Crypto Arbitrage):
Spot BTC = $60,000
Futures BTC (3-month) = $62,000
Strategy:
1. Buy BTC spot
2. Short BTC futures
3. Lock in $2,000 profit per BTC (minus fees and funding)
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🧠 Considerations:
Fees & Funding Rates: Futures often have ongoing costs (funding or margin).
Counterparty Risk: Especially in crypto or unregulated markets.
Expiration Dates: Futures need to be monitored and rolled over.
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