Paradigm offers 'future order books' on Deribit and Bybit

Paradigm offers 'future order books' on Deribit and Bybit

A forward spread trade is an arbitrage technique in which a trader takes 2 positions on a commodity to capitalize on a cost gap. Thus, a trader buys one futures contract and sells another with a different expiration date. Instead of trading the cost of the dormant asset, in this case bitcoin or another cryptocurrency, depending on the investor's opinion on the future direction of the market, traders bet on the difference in cost between the 2 contracts.