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Suppose the spot price of Bitcoin is $62,000 and the market price of Binance Futures BTCUSD quarterly contract is $62,070, then the initial basis will

Suppose the spot price of Bitcoin is $62,000 and the market price of Binance Futures BTCUSD quarterly contract is $62,070, then the initial basis will be

O A. 70

O B. (-) 124070

O C. 124070

O D.(-)70

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