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 perpetual funding rates are rising, indicating that the market is building positive sentiment. The futures basis difference is the price difference between the spot price of a specific commodity or asset 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 for investors and traders because it not only reflects the extent of changes between spot and futures prices, but also affects the strategies and effects of hedging. (TheBlock)