The same contract quoted on Derive and Deribit, side by side. 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 the total exceeds $5 at available size. 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. Quotes: deribit 5,204 ยท derive 2,360.
| Contract | Buy on | Ask | Sell on | Bid | Edge | bps of fwd | Size | Total |
|---|---|---|---|---|---|---|---|---|
| XRP-30OCT26-1.8-C | Derive | $0.02 | Deribit | $0.02 | $0.00 | 16.8 bps | 10000 | $24 |
| XRP-30OCT26-1.75-C | Derive | $0.02 | Deribit | $0.03 | $0.00 | 16.1 bps | 10000 | $23 |
| XRP-30OCT26-1.9-C | Derive | $0.01 | Deribit | $0.02 | $0.00 | 14.7 bps | 10000 | $21 |
| XRP-30OCT26-1.7-C | Derive | $0.03 | Deribit | $0.03 | $0.00 | 14.0 bps | 10000 | $20 |
| XRP-30OCT26-1.65-C | Derive | $0.04 | Deribit | $0.04 | $0.00 | 9.7 bps | 10000 | $14 |
| XRP-30OCT26-1.6-C | Derive | $0.05 | Deribit | $0.05 | $0.00 | 6.8 bps | 10000 | $10 |
| Venue | Underlying | Expiry | Strike | Side | Edge | bps | Legs |
|---|---|---|---|---|---|---|---|
| Derive | BTC | 26MAR27 | 60000 | conversion | $513.65 | 64.7 bps | sell BTC-20270326-60000-C @22371.00, buy BTC-20270326-60000-P @2365.00, long perp @79405.00 |
| Derive | ETH | 26MAR27 | 1800 | conversion | $12.96 | 52.1 bps | sell ETH-20270326-1800-C @823.10, buy ETH-20270326-1800-P @117.70, long perp @2489.70 |
| Deribit | HYPE | 25DEC26 | 100 | conversion | $0.21 | 23.9 bps | sell HYPE_USDC-25DEC26-100-C @8.28, buy HYPE_USDC-25DEC26-100-P @19.89, long perp @88.08 |
| Deribit | HYPE | 25DEC26 | 105 | conversion | $0.19 | 21.6 bps | sell HYPE_USDC-25DEC26-105-C @6.97, buy HYPE_USDC-25DEC26-105-P @23.60, long perp @88.08 |
| Deribit | HYPE | 25DEC26 | 95 | conversion | $0.14 | 15.9 bps | sell HYPE_USDC-25DEC26-95-C @9.74, buy HYPE_USDC-25DEC26-95-P @16.42, long perp @88.08 |
| Deribit | HYPE | 25DEC26 | 90 | conversion | $0.11 | 12.5 bps | sell HYPE_USDC-25DEC26-90-C @11.54, buy HYPE_USDC-25DEC26-90-P @13.25, long perp @88.08 |
| Deribit | HYPE | 25DEC26 | 86 | conversion | $0.09 | 10.2 bps | sell HYPE_USDC-25DEC26-86-C @13.26, buy HYPE_USDC-25DEC26-86-P @10.99, long perp @88.08 |
| Deribit | HYPE | 25DEC26 | 85 | conversion | $0.08 | 9.1 bps | sell HYPE_USDC-25DEC26-85-C @13.73, buy HYPE_USDC-25DEC26-85-P @10.47, long perp @88.08 |
| Deribit | HYPE | 25DEC26 | 84 | conversion | $0.08 | 9.1 bps | sell HYPE_USDC-25DEC26-84-C @14.23, buy HYPE_USDC-25DEC26-84-P @9.97, long perp @88.08 |
| Venue | Underlying | Expiry | Days | Strikes | Lend APR | Borrow APR |
|---|---|---|---|---|---|---|
| Deribit | ETH | 25JUN27 | 291 | 2600 / 3300 | -2.43% | +4.49% |
| Deribit | BTC | 25JUN27 | 291 | 52000 / 76000 | -3.21% | +3.65% |
| Deribit | BTC | 26MAR27 | 200 | 82000 / 106000 | -3.68% | +4.96% |
| Deribit | ETH | 26MAR27 | 200 | 1800 / 2500 | -4.12% | +4.77% |
| Derive | BTC | 25DEC26 | 109 | 75000 / 95000 | -6.27% | +15.23% |
| Derive | BTC | 27NOV26 | 81 | 60000 / 80000 | -6.52% | +14.07% |
| Deribit | BTC | 27NOV26 | 81 | 58000 / 82000 | -7.19% | +8.50% |
| Deribit | BTC | 25DEC26 | 109 | 60000 / 84000 | -7.62% | +8.01% |
| Deribit | ETH | 27NOV26 | 81 | 1800 / 2550 | -7.88% | +7.82% |
| Deribit | TRX | 25DEC26 | 109 | 0.3 / 0.38 | -7.89% | +5.72% |
| Derive | ETH | 27NOV26 | 81 | 1900 / 2600 | -8.12% | +14.48% |
| Deribit | AVAX | 25DEC26 | 109 | 6.5 / 8.5 | -8.20% | +10.12% |
| Deribit | ETH | 25DEC26 | 109 | 2800 / 3500 | -8.52% | +10.71% |
| Derive | BTC | 30OCT26 | 53 | 60000 / 82000 | -9.12% | +18.37% |
| Deribit | XRP | 25DEC26 | 109 | 1.35 / 1.7 | -9.62% | +12.38% |
| Derive | ETH | 25DEC26 | 109 | 2300 / 2800 | -10.44% | +14.25% |
| Derive | ETH | 30OCT26 | 53 | 1800 / 2500 | -11.15% | +18.08% |
| Deribit | SOL | 25DEC26 | 109 | 100 / 120 | -11.96% | +23.00% |
| Deribit | HYPE | 25DEC26 | 109 | 84 / 105 | -13.39% | +20.50% |
| Deribit | BTC | 30OCT26 | 53 | 58000 / 81000 | -13.84% | +16.88% |
| Deribit | AVAX | 30OCT26 | 53 | 7.2 / 9.5 | -14.10% | +19.31% |
| Deribit | ETH | 30OCT26 | 53 | 2650 / 3400 | -14.75% | +17.52% |
| Deribit | TRX | 30OCT26 | 53 | 0.31 / 0.37 | -21.00% | +13.41% |
| Derive | BTC | 25SEP26 | 18 | 58000 / 80000 | -22.53% | +38.97% |
| Derive | HYPE | 30OCT26 | 53 | 95 / 120 | -24.03% | +46.40% |
| Derive | HYPE | 25DEC26 | 109 | 70 / 96 | -26.84% | +45.31% |
| Derive | SOL | 25DEC26 | 109 | 120 / 150 | -27.11% | +33.17% |
| Deribit | XRP | 30OCT26 | 53 | 1.34 / 1.6 | -27.79% | +33.12% |
| Deribit | SOL | 30OCT26 | 53 | 100 / 110 | -35.38% | +52.01% |
| Deribit | BTC | 25SEP26 | 18 | 80000 / 102000 | -37.24% | +42.19% |
| Deribit | ETH | 25SEP26 | 18 | 1800 / 2500 | -40.94% | +47.14% |
| Derive | ETH | 25SEP26 | 18 | 2050 / 2700 | -42.82% | +42.78% |
| Derive | SOL | 30OCT26 | 53 | 95 / 124 | -46.61% | +57.70% |
| Deribit | HYPE | 30OCT26 | 53 | 78 / 104 | -70.70% | +84.76% |
| Derive | HYPE | 25SEP26 | 18 | 66 / 90 | -73.07% | +74.90% |
| Deribit | AVAX | 25SEP26 | 18 | 7.2 / 8.5 | -73.13% | +82.38% |
| Derive | XRP | 30OCT26 | 53 | 1.25 / 1.6 | -76.58% | +83.03% |
| Deribit | TRX | 25SEP26 | 18 | 0.32 / 0.35 | -106.25% | +90.66% |
| Deribit | XRP | 25SEP26 | 18 | 1.35 / 1.5 | -152.93% | +150.65% |
| Derive | SOL | 25SEP26 | 18 | 95 / 120 | -158.92% | +190.18% |
| Derive | XRP | 25SEP26 | 18 | 1.05 / 1.45 | -184.06% | +217.59% |
| Deribit | HYPE | 25SEP26 | 18 | 78 / 90 | -196.74% | +213.98% |
| Deribit | SOL | 25SEP26 | 18 | 102 / 108 | -263.03% | +302.05% |