Odaily Planet Daily News Zerocap analysts said that the three-month annualized basis difference of Bitcoin soared to more than 10% over the weekend, and the perpetual funding rate is rising, indicating that the market is building positive sentiment. The basis difference of futures is the price difference between the spot price of a particular commodity or asset at a specific location and the price of a specific futures contract for the same commodity or asset. The size and changes of the basis difference are very important to investors and traders because it not only reflects the extent of changes between spot and futures prices, but also affects the strategy and effectiveness of hedging. (TheBlock)