What is roll yield?Roll Yield
The gain or loss from the price gap between months each time you roll a front-month futures position; longs keep paying a roll cost in contango and earn roll yield in backwardation.
Learn “roll yield” in an animated lesson
Related terms
See how “roll yield” works for yourself with an animation you can drag and play.
Go to “The Hidden Costs of Hedging: Rolling and Margin”