Because futures markets do not have designated market makers, there is no such thing as a bid-ask spread.

Question

Quizplus · Accepted Answer

Futures markets do have bid-ask spreads, which represent the difference between the highest price a buyer is willing to pay (bid) and the lowest price a seller is willing to accept (ask). While there may not be a designated market maker, there are still buyers and sellers who set their own bid and ask prices, resulting in a spread between the two.

Because Futures Markets Do Not Have Designated Market Makers, There