When market dynamics shift, one critical question emerges: can the basis mechanism maintain its viability as conditions change over the coming months? This isn't just theoretical—it directly impacts how traders structure positions and how markets price crypto assets. Industry analysts point to several key conditions that will determine whether the basis can continue its current trajectory. Understanding these factors becomes essential for anyone navigating the evolving crypto trading landscape, where basis arbitrage strategies, funding rates, and spot-futures spreads all intersect with broader market structure shifts.