本文首先通过分析不同期货品种基差的构成及基差正负所表现的市场意义揭示基差的内涵;然后根据对各种具体期货交易模式的分析归纳出对期货交易创新具有指导意义的基差原理和基差思想;最后指出,基差作为重要的分析工具,基差原理和基差思想作为重要的交易理念,在期货交易中具有重要地位。 In this paper, firstly, the connotation of the basis is revealed by analyzing the composition of the base differences of different futures varieties and the market significance represented by positive and negative basis differences. Based on the analysis of various specific futures trading patterns, the author concludes the basis for guiding the innovation of futures trading Principle and basic difference thought. Finally, it is pointed out that basic difference, as an important analytical tool, basic difference principle and basic difference thought, is an important transaction concept and plays an important role in futures trading.