Basis Trading Research + Tool

Basis trading, also known as the cash and carry trade, is among the most popular arbitrage strategies in futures markets across traditional and crypto markets. The idea is simple: take on a market neutral position with offsetting trades in perpetual and spot markets, while profiting from the funding rates. Since dYdX doesn’t support spot markets yet, we’re looking for research on how this could be adopted through external integrations. We’re also open to a high-level research on volume that drives basis trading and potential adoption in dYdX.