Basis
基差
Sentiment & DerivativesP1Futures DerivativesApplies to: US stocks
Formula
futures price − spot price (>0 premium/contango, <0 discount/backwardation)
How to read it
Widening positive basis = bullish optimism; backwardation often signals fear/short squeeze (contrarian).
Outputvalue/series
Data source: CME/exchanges. Public knowledge, not investment advice.
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Related indicators
Reference metadata — public, well-known indicator definitions. Not investment advice.