Someone good expert answer pelase with 100% surity True false..and tell why it is false or true.

1. The basis in a futures position will be zero at contract maturity.

2. If I have short position in a futures contract, I expect the underlying asset price to

3. There is no up-front cost in establishing a futures position except margin and brokerage fees.

4. In an over the counter contract (OTC), we actually trade with a clearinghouse

5. A correctly priced futures contract will have no arbitrage profits