why LTP last traded price is different in futures

Futures is a leveraged trading instrument ... used by traders ...

Traders normally go long in futures and sell OTM call to collect some premiums ... Options premiums in OTM will always dip towards expiry and become Zero ...

And in the same way, Futures price will mostly be at a premium to equity price and will come close to equity price only near Expiry ...

Occasionally, the Futures price will also be below the Equity LTP price ...