ETH Basis Rates Today
Current ETH cash-and-carry opportunities across exchanges, with gross and model-adjusted apr.
ETH basis opportunities exist across 2 exchanges. Model-adjusted APR reflects realistic returns after execution costs.
ETH Basis by Exchange
ETH Basis Rate FAQ
What is the current ETH basis rate?
The average ETH basis rate across exchanges is -41.3% model-adjusted APR. The gross basis APR before costs is 81.5%, but execution costs reduce the deployable yield.
Which exchange has the best ETH basis rate?
Currently, Bybit offers the best model-adjusted basis APR for ETH. This accounts for fees, slippage, and trust-based adjustments.
How long until ETH basis contracts expire?
Current ETH basis opportunities have expiries ranging from 61 to 61 days. Shorter expiries offer less time for basis to converge but may have higher annualized rates.
Why is ETH model-adjusted APR lower than gross APR?
Gross basis APR is the raw annualized spread before costs. Model-adjusted APR subtracts trading fees, estimated slippage, and trust-based haircuts. This gives a more realistic estimate of deployable yield.
What is ETH basis trading?
Basis trading (cash-and-carry) involves buying ETH spot and shorting a delivery future. The profit comes from the basis converging to zero at expiry. FYOS calculates model-adjusted APR to show realistic returns.