Why are ETH dec futures at a discount to ALL other futures?

[SunTrader]

Contracts beyond the front month are actually higher, until we hit the holiday season in Sep, where they dip into backwardation. It has nothing to do with volume.

Oct and Dec are lower, not higher. At least when I look.

 

[Overnight]

Oct and Dec are lower, not higher. At least when I look.

I'm just going by this listing that the OP posted, man.

 

[M.W.]

Depends on how you hedge. But big difference here is that there is not a horde of wannabee experts claiming that equity hedges are uncorrelated with the to be hedged instruments. That defeat the entire definition of hedge. The claim of inflation hedge for cryptos is laughable.

And a hedge on stock indexes dropping too. Oh wait .... not there too?

 

[M.W.]

volume in further out months in futures does not determine their prices. Forward valuations and hence expectations do.

Thought of another reason why contracts beyond the front one might be lower, and it is right there on the CME settlement page ... volume. Very little volume.

 

[newwurldmn]

And a hedge on stock indexes dropping too. Oh wait .... not there too?

my put hedges saved me a lot this year.

 

[M.W.]

I replied to Suntrader who suggested it was related to rate hikes.

This has nothing to do with the overall market. There is a discount in the Dec. futures relative to futures both before and after. It's odd, and I'm wondering, too, if there is an event then. But the planned switch to staking is sooner than that. Sept, I think? But it keeps getting pushed.

 

[SunTrader]

I'm just going by this listing that the OP posted, man.

Ok but you didn't respond to OP.

 

[SunTrader]

my put hedges saved me a lot this year.

No doubt. But I bet some crypto folks bought some puts as well. Ever think of that?

 

[Overnight]

Ok but you didn't respond to OP.

No, I was responding to YOU, who then responded to ME, so I responded back to YOU. OP is not in this equation.

Geez, can't you follow a thread context? *slaps Suntrader with a floppy fish*

 

[SunTrader]

No, I was responding to YOU, who then responded to ME, so I responded back to YOU. OP is not in this equation.

Geez, can't you follow a thread context? *slaps Suntrader with a floppy fish*

Let's start over. I, first responded to OP, with CME settlement page attached - because, although I didn't state it, had no idea what page they attached. Still don't? You then responded to me and I assumed you looked at official CME webpage. Guess not?

But you are right, you responded to me as I said, yet referred to OP's attachment. Slap yerself.

No biggie.