This article gives an overview of three basic basis trading strategies in crypto, which allow traders to capture basis as profit. Future Trading vs. Spot TradingThis is the simplest basis trade, also commonly called cash and carry. Basis can be positive or negative, but futures usually trade more expensive than spot, meaning basis is usually positive. If you plan to trade around the XBTU23 basis, wait for its basis to fall sufficiently. If you plan to trade around the XBTU23 basis, wait for its basis to rise sufficiently, then sell XBTU23.