01Definition
The difference between a futures price and the reference spot price.
02Context
The difference between a futures price and the reference spot price. This coordinate is placed in the wider system through its protocol, economic and historical relationships.
03Why it matters
Understanding Futures basis helps distinguish a verifiable Bitcoin mechanism or historical record from slogans, products and market narratives.
⌖Reference points
01
Linked to related atlas coordinates
02
Grounded in a source record
03
Explains function and trade-offs
04
Part of the open Bitcoin knowledge graph