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A comment on Bitcoin Futures Start with a Bang as Rally Trips Circuit Breaker. Parent comment
> Right now 1 BTC on Gemini (the reference exchange for CBOE Bitcoin futures) is $16,600 and the futures price is $17,800 for a 1 or 2 month contract.
> Since the risk free rate is about 0.125% monthly and this spread is 7.2%,
> it looks like the market is pricing the counter-party risk at about 7% for one or two month durations.
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> Right now 1 BTC on Gemini (the reference exchange for CBOE Bitcoin futures) is $16,600 and the futures price is $17,800 for a 1 or 2 month contract.
> Since the risk free rate is about 0.125% monthly and this spread is 7.2%,
> it looks like the market is pricing the counter-party risk at about 7% for one or two month durations.