ETH 25JUN27 Options Chain

ETH options expiring 25JUN27, 291 days out, with the forward at $2,573. Open interest is $106M in calls and $69M in puts, put/call 0.65, and max pain is $2,000. At-the-money implied volatility is 55.4%. Where a strike is listed on both venues the cheaper ask and richer bid are visible side by side; the arb scanner flags any gap that exceeds fees. Strikes shown are within 60% of the forward. All ETH expiries.

Chain

Derive bid / ask (IV) · Deribit bid / ask (IV) · open interest in contracts, both venues combined.

Call OI	Derive call	Deribit call	Strike	Deribit put	Derive put	Put OI
101	$380 / – 61%	$1154 / $1164 61%	1500	$86.19 / $90.05 61%	– / – 61%	502
407	$380 / – 59%	$1073 / $1084 60%	1600	$107 / $111 60%	– / – 59%	2008
676	–	$996 / $1009 59%	1700	$130 / $135 59%	–	3041
2422	$440 / – 57%	$922 / $935 58%	1800	$157 / $162 58%	– / – 57%	769
156	– / – 57%	$854 / $867 57%	1900	$188 / $193 57%	– / – 57%	3407
2399	$600 / – 56%	$787 / $803 57%	2000	$223 / $228 57%	– / – 56%	1822
252	– / – 56%	$732 / $741 56%	2100	$261 / $268 56%	– / – 56%	589
1162	– / – 56%	$674 / $684 56%	2200	$305 / $311 56%	– / – 56%	387
359	– / – 55%	$621 / $632 56%	2300	$351 / $359 56%	– / – 55%	756
1589	– / $1200 55%	$574 / $583 56%	2400	$403 / $410 56%	– / $1200 55%	39
3262	– / – 55%	$529 / $538 56%	2500	$458 / $466 56%	$20.00 / – 55%	1227
926	– / – 55%	$488 / $494 55%	2600	$517 / $525 55%	– / – 55%	75
664	– / – 55%	$452 / $457 55%	2700	$579 / $587 55%	– / – 55%	7
1506	– / – 55%	$417 / $422 55%	2800	$644 / $652 55%	– / – 55%	667
283	– / – 55%	$383 / $390 56%	2900	$713 / $720 56%	– / – 55%	284
2081	– / – 56%	$354 / $360 56%	3000	$781 / $791 56%	– / – 56%	320
209	– / – 56%	$328 / $333 56%	3100	$853 / $863 56%	– / – 56%	18
3846	– / – 56%	$304 / $309 56%	3200	$925 / $939 56%	– / – 56%	20
2273	–	$280 / $286 56%	3300	$1001 / $1015 56%	–	59
482	– / – 56%	$260 / $265 56%	3400	$1079 / $1104 56%	– / – 56%	5
3153	– / – 56%	$241 / $246 56%	3500	$1159 / $1186 56%	– / – 56%	433
206	– / – 57%	$224 / $229 56%	3600	$1241 / $1270 56%	– / – 57%	0
10	–	$207 / $212 56%	3700	$1325 / $1355 56%	–	0
439	– / – 57%	$193 / $198 57%	3800	$1410 / $1441 57%	– / – 57%	2
160	–	$180 / $185 57%	3900	$1496 / $1528 57%	–	0
4558	– / – 57%	$167 / $172 57%	4000	$1584 / $1616 57%	– / – 57%	2
576	– / – 58%	$145 / $151 57%	4200	$1753 / $1796 57%	– / – 58%	3
253	– / – 58%	$127 / $132 58%	4400	$1933 / $1978 58%	– / – 58%	1
1539	– / – 58%	$120 / $125 58%	4500	$2025 / $2071 58%	– / – 58%	1
54	– / – 58%	$112 / $117 58%	4600	$2117 / $2164 58%	– / – 58%	0