CME futures basis (annualized spread between spot and futures | Crypto Bee

CME futures basis (annualized spread between spot and futures price) is skyrocketing. CME is a cash settled futures contract and the only one accessible by US investors.

Deribit is offshore & BTC native, so the futures basis most always trades higher than CME. That just flipped and showing the annualized basis between spot and futures price.

Everyone should be focusing on this.