Basis
Basis to the reference anchor
Basis percent is ((mark − reference) / reference) × 100. It is not an arbitrage opportunity.
Demonstration · Snapshot 25 Sep 2026, 20:00 UTC · Not a live feed, venue quotation, or verified term.
Crossing a basis still involves funding, fees, spread, slippage, collateral constraints, transfers, eligibility limits and counterparty exposure. EPIC does not describe any gap as risk-free.
Largest positive
COIN · 0.90%
Largest negative
SPY
Snapshot session
After-hours transition for every US name.
| Underlying | Venue | Basis % | Basis | Funding | Spread bps | Vol | Confidence |
|---|---|---|---|---|---|---|---|
| COIN | Harbor | 0.90% | 1.92 | 0.0321% | 7.7 | 52% | 65Limited reference quality |
| NFLX | Harbor | 0.84% | 5.97 | 0.0302% | 21.0 | 41% | 61Limited reference quality |
| ARM | Harbor | -0.65% | -0.93 | -0.0192% | 22.2 | 19% | 61Limited reference quality |
| SMH | Harbor | 0.55% | 1.38 | 0.0204% | 20.2 | 32% | 62Limited reference quality |
| AMD | Meridian | 0.55% | 0.90 | 0.0113% | 29.9 | 48% | 63Limited reference quality |
| AMD | Harbor | 0.54% | 0.89 | 0.0200% | 20.1 | 18% | 60Limited reference quality |
| MSTR | Harbor | -0.50% | -1.67 | -0.0157% | 9.7 | 22% | 62Limited reference quality |
| QQQ | Meridian | -0.49% | -2.44 | 0.0135% | 12.4 | 49% | 65Limited reference quality |
| HOOD | Harbor | -0.48% | -0.14 | -0.0135% | 7.8 | 46% | 68Limited reference quality |
| NVDA | Harbor | -0.43% | -0.76 | -0.0116% | 8.5 | 47% | 62Limited reference quality |
| NVDA | Meridian | -0.41% | -0.73 | -0.0063% | 11.2 | 30% | 64Limited reference quality |
| AAPL | Harbor | -0.40% | -0.92 | -0.0108% | 8.6 | 56% | 68Limited reference quality |
| TSLA | Harbor | 0.38% | 0.95 | 0.0162% | 18.5 | 50% | 60Limited reference quality |
| MU | Harbor | -0.37% | -0.35 | -0.0114% | 9.0 | 51% | 62Limited reference quality |
| QQQ | Harbor | -0.34% | -1.70 | -0.0087% | 9.4 | 47% | 64Limited reference quality |
| MU | Meridian | 0.27% | 0.25 | 0.0055% | 22.7 | 55% | 61Limited reference quality |
| NDX | Northline | 0.21% | 42.15 | -0.0067% | 2.6 | 23% | 66Limited reference quality |
| SOXX | Northline | 0.20% | 0.48 | 0.0105% | 5.6 | 35% | 64Limited reference quality |
| NVDA | Northline | 0.18% | 0.33 | 0.0097% | 5.9 | 47% | 67Limited reference quality |
| IWM | Northline | 0.18% | 0.39 | 0.0094% | 5.4 | 61% | 70Tradable reference, moderate caution |
| SPY | Meridian | -0.17% | -0.99 | -0.0026% | 15.3 | 54% | —Insufficient data |
| META | Aperture | 0.15% | 0.90 | 0.0049% | 6.9 | 54% | 66Limited reference quality |
| GS | Northline | 0.15% | 0.79 | 0.0082% | 5.6 | 26% | 66Limited reference quality |
| DIA | Aperture | 0.15% | 0.63 | 0.0047% | 3.2 | 44% | 65Limited reference quality |
| TSLA | Northline | 0.14% | 0.34 | 0.0078% | 5.0 | 46% | 65Limited reference quality |
| AMD | Northline | -0.14% | -0.22 | -0.0064% | 2.8 | 16% | 68Limited reference quality |
| GOOGL | Aperture | 0.13% | 0.22 | 0.0042% | 6.5 | 46% | 67Limited reference quality |
| PLTR | Harbor | 0.13% | 0.10 | 0.0076% | 14.0 | 20% | 62Limited reference quality |
| HOOD | Northline | -0.13% | -0.04 | -0.0056% | 2.8 | 45% | 68Limited reference quality |
| SPX | Aperture | 0.12% | 7.13 | 0.0038% | 6.4 | 50% | —Insufficient data |
| QQQ | Northline | 0.12% | 0.60 | 0.0071% | 4.8 | 47% | 67Limited reference quality |
| MSTR | Meridian | 0.12% | 0.41 | 0.0028% | 20.2 | 19% | 66Limited reference quality |
| AAPL | Aperture | 0.11% | 0.25 | 0.0034% | 6.7 | 55% | 64Limited reference quality |
| AVGO | Aperture | -0.11% | -0.20 | -0.0029% | 7.1 | 52% | 65Limited reference quality |
| ARM | Northline | -0.11% | -0.15 | -0.0049% | 2.6 | 24% | 67Limited reference quality |
| COIN | Northline | -0.10% | -0.22 | -0.0041% | 3.1 | 49% | 64Limited reference quality |
| JPM | Aperture | 0.10% | 0.22 | 0.0033% | 6.1 | 41% | 65Limited reference quality |
| JPM | Northline | 0.10% | 0.22 | 0.0059% | 4.6 | 38% | 65Limited reference quality |
| META | Harbor | -0.10% | -0.57 | -0.0020% | 13.8 | 56% | 63Limited reference quality |
| SMH | Aperture | -0.10% | -0.24 | -0.0023% | 3.2 | 53% | 72Tradable reference, moderate caution |
| IWM | Aperture | -0.09% | -0.21 | -0.0025% | 3.3 | 18% | 68Limited reference quality |
| NDX | Aperture | 0.09% | 18.77 | 0.0031% | 5.9 | 56% | 70Tradable reference, moderate caution |
| SMH | Northline | -0.09% | -0.22 | -0.0041% | 3.2 | 23% | 70Tradable reference, moderate caution |
| PLTR | Northline | -0.09% | -0.07 | -0.0035% | 3.2 | 28% | 67Limited reference quality |
| COIN | Meridian | 0.09% | 0.18 | 0.0021% | 19.5 | 17% | 61Limited reference quality |
| MSTR | Northline | -0.08% | -0.29 | -0.0032% | 2.8 | 52% | 67Limited reference quality |
| JPM | Harbor | -0.08% | -0.17 | 0.0004% | 12.0 | 25% | 59Limited reference quality |
| SPY | Northline | -0.08% | -0.43 | -0.0028% | 2.9 | 45% | 69Limited reference quality |
| LLY | Northline | -0.07% | -0.65 | -0.0032% | 2.9 | 45% | 66Limited reference quality |
| CRM | Northline | 0.07% | 0.20 | 0.0040% | 4.3 | 39% | 67Limited reference quality |
| QQQ | Aperture | 0.07% | 0.35 | 0.0022% | 6.1 | 52% | 72Tradable reference, moderate caution |
| LLY | Aperture | -0.06% | -0.56 | -0.0016% | 3.8 | 60% | 65Limited reference quality |
| META | Northline | 0.06% | 0.36 | 0.0041% | 4.7 | 44% | 62Limited reference quality |
| GOOGL | Northline | 0.06% | 0.10 | 0.0040% | 4.7 | 53% | 70Tradable reference, moderate caution |
| MU | Northline | 0.06% | 0.05 | 0.0039% | 4.7 | 52% | 66Limited reference quality |
| MSFT | Northline | -0.05% | -0.22 | -0.0015% | 3.6 | 44% | 70Tradable reference, moderate caution |
| SPX | Northline | 0.05% | 2.76 | 0.0028% | 4.5 | 58% | 70Tradable reference, moderate caution |
| TSLA | Meridian | -0.05% | -0.11 | -0.0003% | 17.5 | 59% | 60Limited reference quality |
| GS | Aperture | -0.05% | -0.23 | -0.0008% | 4.0 | 28% | 66Limited reference quality |
| AMZN | Northline | -0.04% | -0.09 | -0.0018% | 3.7 | 38% | 68Limited reference quality |
| DIA | Northline | -0.04% | -0.18 | -0.0017% | 3.7 | 41% | 71Tradable reference, moderate caution |
| MSFT | Aperture | 0.04% | 0.18 | 0.0014% | 5.2 | 62% | 64Limited reference quality |
| NFLX | Northline | -0.04% | -0.26 | -0.0008% | 3.3 | 41% | 65Limited reference quality |
| HOOD | Meridian | 0.03% | 0.01 | 0.0012% | 21.3 | 20% | 62Limited reference quality |
| AMZN | Aperture | -0.03% | -0.07 | -0.0005% | 4.6 | 23% | 64Limited reference quality |
| XOM | Northline | 0.03% | 0.04 | 0.0026% | 4.0 | 32% | 70Tradable reference, moderate caution |
| ORCL | Northline | -0.03% | -0.05 | -0.0011% | 3.4 | 46% | 71Tradable reference, moderate caution |
| INTC | Northline | -0.03% | -0.01 | -0.0004% | 3.8 | 43% | 68Limited reference quality |
| SPY | Aperture | -0.03% | -0.15 | -0.0003% | 4.2 | 50% | 68Limited reference quality |
| AAPL | Northline | 0.02% | 0.05 | 0.0015% | 4.3 | 50% | 67Limited reference quality |
| AVGO | Northline | 0.02% | 0.03 | 0.0019% | 3.8 | 22% | 68Limited reference quality |
| RUT | Northline | 0.01% | 0.12 | 0.0013% | 4.1 | 24% | 70Tradable reference, moderate caution |