I recently started trading futures and I have noticed that many-a-times the farthest month's future contract is priced at an insanely cheap rate. Thus, anyone can buy it and be rich.
Consider a company named "alexa".
Spot price in the market: 1000
Future contract price of the current month: 1005
Future contract price of the middle month: 1015
Future contract price of the farthest month: 30
The pricing of the farthest-month looks odd, shouldn't it be somewhere around 1025?
I must also mention that the farthest month's future contract has a very low volume; around 5-10 orders in total per day, but yes, if you wish you can buy one for 30; albeit very low quantity.
I am asking this question because if it is priced 30, then why don't anyone buy it and then wait a month to get exponential returns; after all, the future's pricing will mimic spot's price as the expiry date approaches.
So, is there something 'shady' with the farthest month's contract pricing or am I missing some key concept?
Also, you must know that I trade in the Indian market, so please make sure your answer implies in this market.
Thank you for your time!
UPDATE: Please check this image for reference.