Calculate Basis

curl --request POST \
  --url https://api.fincept.in/quantlib/solver/finance/basis \
  --header 'Content-Type: application/json' \
  --header 'X-API-Key: <api-key>' \
  --data '
{
  "spot": 100,
  "futures": 102
}
'

{
  "success": true,
  "data": {
    "basis": -2
  }
}

quantlib-solver

Calculate Basis

Calculate the basis - the difference between the spot price and the futures price (Basis = Spot - Futures). Basis represents the net cost of carry and can be positive (contango) or negative (backwardation). Understanding basis is crucial for hedging strategies, arbitrage opportunities, and futures contract pricing. Basis typically converges to zero as the futures contract approaches expiry. Used extensively in commodity trading, equity index arbitrage, and bond futures hedging. [Tier: STANDARD, Credits: 2]

POST

quantlib

solver

finance

basis

Calculate Basis

curl --request POST \
  --url https://api.fincept.in/quantlib/solver/finance/basis \
  --header 'Content-Type: application/json' \
  --header 'X-API-Key: <api-key>' \
  --data '
{
  "spot": 100,
  "futures": 102
}
'

{
  "success": true,
  "data": {
    "basis": -2
  }
}

Authorizations

X-API-Key

string

header

required

API key for authentication. Get your key at https://api.fincept.in/auth/register

Body

application/json

spot

number

required

Current spot price of the underlying asset

Example:

100

futures

number

required

Futures price

Example:

102

Response

Successful Response

success

boolean

Example:

true

data

object

Show child attributes

Calculate Z-Spread

Calculate Cost of Carry