over the past several months I worked on developing a basis model for my firm. Now that I got the algorithms coded up by our programmers I have started watching it alongside the market. In some ways it's good, in some ways not there yet. I can't give out the code because that's now property of the company but since I will soon be trading this market I am eager to talk to anyone that I can about it. My particular interests lie in the optionality embedded in the futures contract and in the relative price movements of successive contracts (for example, TYU04 vs. TYZ04).And I second the recs for Burghardt and Plona's books, everything is in there you just have to read it a couple times because it is pretty dry.so all you basis fans out there, drop me a line!