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Tool 0318 models

Futures pricing,
past cost-of-carry,
to what the market is implying.

Equity index, FX forwards, commodity carry, bond futures CTD and IRR, and calendar spreads — one index of models. Paste the market futures price to back out the implied dividend, repo, cross-currency basis, or convenience yield. No data feed.

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Active modelEquity futures (continuous div)· Equity index
Inputs · Equity futures (continuous div)5 fields
  1. 01
    S
  2. 02
    decimal
  3. 03
    decimal
  4. 04
  5. 05
Output · theoretical futures
5086.61

F = 5000.0000 · exp((4.500% − 1.350%) · 0.5452)

Metrics
  1. 01Basis (F − S)86.6115
  2. 02Annualized basispct/yr3.1772
  3. 03T (years)0.545205
Sensitivity · equity futures (continuous div)
X:
Δ expiry ↓ / Δr bp-100-50-250+25+50+100
-6mo5004.75005.85006.45006.95007.55008.05009.1
-3mo5031.95039.45043.15046.85050.65054.35061.8
+0mo5059.05072.85079.75086.65093.55100.55114.4
+3mo5085.85106.05116.15126.35136.45146.65167.0
+6mo5113.55140.25153.75167.15180.65194.25221.4
min 5004.7 · max 5221.4shading = headline (tonal)
Model notes

Equity futures (continuous div)

Equity index

F = S·exp((r − q)·T). Continuous dividend yield. The simplest reading for index futures.

Reference · Hull · standard CIP-style index forward·id · equity-fwd-continuous·
Colophon

The options pricer answers what should this be worth. The bond pricer answers what is the yield. This one answers what is the market implying — every “implied X” model inverts cost-of-carry against a quoted futures price to extract the market's dividend, repo, basis, or convenience-yield assumption.

All pricing runs client-side from typed kernels. Every input mutates the URL, so a setup is shareable and reproducible. Baskets and dividend schedules are pasted as text — no data feed, no API.