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Perpetual Basis Trade

Profit from the spread between spot and perpetual futures prices.

Typical APY Range15% - 40%

What Is The Perp Basis Trade?

The basis trade profits from price differences between spot and perpetual futures. Buy spot, short perp when futures premium is high. Collect funding while basis converges. Yields 15-40% APY.

When perps trade at premium to spot, short perp and buy spot. Earn funding and basis convergence. Unwind when premium normalizes. Works best in bull markets with high perp demand.

Basis can widen before converging causing temporary losses. Funding can flip. Execution and liquidation risk. Requires margin management.

Execute basis trades with Fensory.

How to Get Started

  1. 1Monitor basis spreads
  2. 2Buy spot asset
  3. 3Short perp equivalent
  4. 4Collect funding
  5. 5Wait for convergence
  6. 6Unwind positions

Pros

  • ✓Clear arbitrage
  • ✓Delta-neutral
  • ✓Works in bulls
  • ✓Multiple venues

Cons

  • ✗Basis can widen
  • ✗Funding risk
  • ✗Liquidation risk
  • ✗Capital intensive

Put this strategy to work. See which protocols offer the best rates.

Track live yields, compare protocols, and build your DeFi portfolio with Fensory.

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