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Trader intelligence for Derive: who is trading, what they hold, who is good, and what the rules say is mispriced. Built from public fills and quotes, refreshed every few minutes.

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Every number on the site is computed from public data by fixed rules; nothing is hand-picked except the wallets we say we follow. Nothing here is investment advice. Links to Derive may use Optionly's broker code, which pays Optionly a share of exchange fees at no cost to you. © 2026 Optionly.

Options Arbitrage Scanner

The same contract quoted on Derive and Deribit, side by side, with estimated gaps after configured fees. Execution, slippage and available collateral are not guaranteed. Quotes: deribit 5,250.

What the three tables mean

A cross-venue edge is buying the ask on one venue and selling the bid on the other, net of both venues' fees, shown only when it is worth at least a dollar a contract or $50 on the size showing. Parity checks compare calls against puts at the same strike within a venue. Box rates show what each expiry is charging to borrow or lend dollars through the options market.

Some venue quotes are unavailable. This scan is incomplete.

Cross-venue mispricings
Buy the cheaper venue's ask, sell the richer venue's bid. Edge is per contract after estimated fees; total is edge times available size.
ContractBuy onAskSell onBidEdgebps of fwdSizeTotal
No retrieved quote pairs pass the fee, size and edge filters. This does not establish that every contract is fairly priced.
Put-call parity breaks
Conversion: sell call, buy put, long perp. Reversal: the opposite. Includes 5 bps for the perp leg. Funding on the perp leg is not included.
VenueUnderlyingExpiryStrikeSideEdgebpsLegs
None above threshold.
Box spread rates
Implied annualized rate to lend (buy the box) or borrow (sell the box) dollars via options, per expiry, at the bid/ask. Expiries under 14 days are excluded.
VenueUnderlyingExpiryDaysStrikesLend APRBorrow APR
DeribitBTC25JUN2724630000 / 55000-1.71%+1.86%
DeribitBTC24SEP2733750000 / 74000-1.89%+1.94%
DeribitETH25JUN27246900 / 1600-2.28%+2.65%
DeribitBTC26MAR2715535000 / 60000-2.87%+3.51%
DeribitETH24SEP273372400 / 3100-2.97%+3.39%
DeribitETH26MAR27155800 / 1500-3.03%+3.14%
DeribitBTC25DEC266462000 / 86000-5.67%+8.14%
DeribitETH25DEC26642500 / 3200-6.10%+7.49%
DeribitHYPE25DEC266460 / 82-9.42%+10.37%
DeribitBTC27NOV263660000 / 84000-11.34%+12.33%
DeribitTRX25DEC26640.3 / 0.35-11.86%+17.98%
DeribitETH27NOV26361800 / 2450-11.99%+12.13%
DeribitHYPE27NOV263680 / 102-16.30%+17.04%
DeribitAVAX25DEC26649 / 10-24.12%+22.79%
DeribitTRX27NOV26360.31 / 0.36-24.12%+35.21%
DeribitSOL25DEC266475 / 106-31.01%+36.71%
DeribitXRP25DEC26641.3 / 1.4-31.15%+35.98%
DeribitETH13NOV26222000 / 2600-31.93%+37.91%
DeribitBTC13NOV262270000 / 90000-35.24%+35.37%
DeribitETH6NOV26152000 / 2700-35.30%+35.81%
DeribitHYPE6NOV261577 / 100-41.30%+45.71%
DeribitBTC6NOV261573000 / 90000-42.92%+49.60%
DeribitAVAX27NOV26369 / 9.8-46.17%+51.04%
DeribitXRP27NOV26361.32 / 1.7-50.00%+59.67%
DeribitSOL27NOV263674 / 105-55.25%+65.41%
DeribitTRX6NOV26150.325 / 0.42-85.46%+85.84%
DeribitXRP6NOV26151.32 / 1.55-95.68%+202.21%
DeribitAVAX6NOV26159.2 / 11-127.67%+212.61%
DeribitSOL6NOV2615104 / 135-148.74%+149.81%

Page calculated 22 Oct, 13:07 UTC. Quotes and synced statistics may be older. Reload to check for updates; a cached page may appear while a newer snapshot is prepared.