[ Definition ]

Basis trade

Buying an asset and shorting its future at the same time to capture the price gap. ETF flows from basis trades track funding rates, not conviction.

Go deeperRead the related story: What etf flows are telling us

Part of the Stack and Story crypto glossary: plain-English definitions of the terms that actually move markets, each with the deeper read one click away.

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Bitcoin dominanceCEXCold storageDeFiDEXFunding rateGas feeHalvingLayer 1 (L1)Layer 2 (L2)LiquidityMarket capitalisationNot your keys, not your coinsOn-chainRollupSeed phraseSelf-custodySlippageSpot ETFStablecoinTotal value locked (TVL)

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