julianhul

I would hesitate calling squeeth an option. No expiration, no strike price. Is it really an option anymore? Or just a perp with gamma?

What gold future are you trading where the contango/backwardation is fixed?

Periodic exchange of money between longs and shorts, AKA "funding".

If the contract price is above the price of the physical good, holders of the contract ("longs") pay the sellers of the contract ("shorts") a small fee every few hours.

This makes it less valuable to hold the contract, and pushes the price of the contract down, until its on par with the price of the physical good.

Would be cool if each container could generate a unique browser fingerprint. Right now they are sharing the same fingerprint, which isn't great for privacy.