$AERO | Conditional negative intelligence reading

Reading: The gap between spot and contracts reveals a temporary pricing flaw.

Key evidence: Contracts are trading at a premium over spot of about 0.28%. Reference price is 0.8845 USDT. Open positions are close to 43.9 million. Funding is positive and tends to overcrowd upward momentum at 0.0001%.

Confirmation condition: The gap persists with supportive inflows.

When does the reading weaken? It quickly contracts back toward the usual level.

Confidence level: Medium; the reading remains conditional on the same data continuing.

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