Basis Hub
Futures basis, contango/backwardation, and how carry works in crypto markets.
Key data pages
Futures Basis Explained: Contango, Backwardation, and Cash-and-Carry
2026-02-08 · 10 min
Learn what futures basis is, how annualized basis is computed, and how traders think about cash-and-carry — with links to live basis snapshots.
Perpetual Futures vs Traditional Futures: Key Differences Explained
2026-02-08 · 8 min
Understand the core differences between perpetual swaps and quarterly futures, including expiry, funding, settlement, and when to use each.
FAQ
What is basis?
Basis is the difference between futures price and spot index.
Why annualize basis?
It standardizes carry across different expiries.
Can basis flip quickly?
Yes. Carry can compress fast during volatility.
Trade with a referral
If PerpHQ helped you, consider using a referral link. It costs you nothing and supports the project.
Disclosure: links may be referral links. We do not provide investment advice.