1, spot arbitrage hedging. That is to say, you have spot gold and then short it in the futures market.
2. Intertemporal arbitrage, that is, making two orders for different futures contracts in the futures market.
3. Cross-market arbitrage is similar to intertemporal arbitrage, except that different contracts become different markets.
If individuals operate gold futures, they need to open a futures account and have enough funds to operate.