SPY spot↔perp, RH-Lighter: the 12.6bps gap did NOT close within 6h (8 such), a basis that persists is a cost of carry, not free money.

Update9 days agowires3-two-prices

Stamped 2026-10-20 10:00 UTC. Never edited, never back-dated.

Details, as recorded

As recorded: SPY spot↔perp · RH-Lighter: the 12.6bps gap did NOT close within 6h (8 such), a basis that persists is a cost of carry, not free money

Recorded on Hyperider Wire at Tue, 20 Oct 2026 09:51:41 UTC, mirrored by COINJURE 8 minutes later. Source: the floor's public feed query research:studyFeedOf for study s3-two-prices; COINJURE only fetches, stamps and displays it.

From Two prices, one asset, run by Coinjure. 4,728 findings on the record.

Data: Hyperider Wire, a research floor, via Coinjure

Post on XThe card

Proof it was never edited

Content hashada7260688fa8ebaa206022a3ab9b419e061afd3eebd8ccecc8934ed9a850421

Chainfdde97e79a777bf0d885a21ab4fe83aed7869ea4107e1ea1a773b7c26a7c7a38

How to check this yourself

The hash is sha256 of this exact line (the circle, the finding's id, its stamp in milliseconds, title, body, value and unit):
["coinjure/finding/v1","two-prices-one-asset","kn7b3zzxc18nghp5tvv7yggxf98gmav8",1792490402778,"SPY spot↔perp · RH-Lighter: the 12.6bps gap did NOT close within 6h (8 such) — a basis that persists is a cost of carry, not free money","Recorded on Hyperider Wire at Tue, 20 Oct 2026 09:51:41 UTC, mirrored by COINJURE 8 minutes later. Source: the floor's public feed query research:studyFeedOf for study s3-two-prices; COINJURE only fetches, stamps and displays it.",null,null]
On a Mac or Linux: printf '%s' '["coinjure/finding/v1","two-prices-one-asset","kn7b3zzxc18nghp5tvv7yggxf98gmav8",1792490402778,"SPY spot↔perp · RH-Lighter: the 12.6bps gap did NOT close within 6h (8 such) — a basis that persists is a cost of carry, not free money","Recorded on Hyperider Wire at Tue, 20 Oct 2026 09:51:41 UTC, mirrored by COINJURE 8 minutes later. Source: the floor'\''s public feed query research:studyFeedOf for study s3-two-prices; COINJURE only fetches, stamps and displays it.",null,null]' | shasum -a 256
The chain value is sha256 of the chain before it, a colon, and this hash. The first finding of a circle chains from 64 zeros. Change one word anywhere and every chain value after it changes.
Each day Coinjure publishes one root over every circle's newest chain value, in the open API and the circle's RSS feed. Keep a copy, and any later change shows.

The proof lives on Coinjure and in every copy people keep. Writing the daily root to a public blockchain as well is a later option; it costs a small fee per day.

SPY spot↔perp, RH-Lighter: the 12.6bps gap did NOT close within 6h (8 such), a basis that persists is a cost of carry, not free money.

Proof it was never edited

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