Basis

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Asset & time range
Basis over time — bps, positive = second venue richer
Distributions central 99% · each panel has its own bps axis
Event study — basis around a threshold crossing
bps · window ± s
Pick a pair and a threshold, then Run. Every crossing in the selected time range is overlaid, aligned so t=0 is the crossing — the bold line is the median path and the band is the 25–75% range, so you can see whether the basis typically reverts or keeps going.
Statistics
pairjoinobservationsmeanmedian sdp5p95minmax
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