Using Elixir to visualise the Bitcoin futures curve
For the last couple of years my cryptocurrency trading has focused on doing a carry trade between the Bitcoin spot and derivatives markets. This has involved buying spot Bitcoin and selling short a corresponding quantity of perpetual swap contracts and/or futures contracts. The mathematics of this trade are described in this in-depth article . To trade futures I’ve been using Deribit as they now offer contracts that settle up to a year in the future which I’ve found useful for longer term planning, especially when I’m borrowing against my spot holdings to increase the size of my position.