Basis trading is among the most popular strategies adopted across perp exchanges to profit from the price premiums and perp funding rates. These strategies have driven significant volume across other platforms that also support spot markets. Since dYdX only supports perpetual markets, it's harder to execute these trades natively on the platform. To help explain the technical, capital, and trading requirements needed to execute these trades through dYdX, the report will cover all implications and possibilities. The report will serve as both a research piece on possible future developments for the platform and immediate guide for users hoping to trade basis.