BasisThe gap between a futures or perpetual price and the underlying spot price.Where EllTec Analysis uses this termPfizer Inc.→Volkswagen AG→Alibaba Group→Litecoin→FMC Corporation→JD.com→PayPal Holdings→Tencent Music Entertainment→Terms that refer to itEarnings per share (EPS)Macaulay durationIndex fundNet incomeSmart contractBasis point (bp)Related termsAmerican optionArabica vs. RobustaAssignmentBackwardationBonus certificateCalendar spreadCall optionCertificate (structured product)