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Visualize order books and spot arbitrage opportunities.

Plots historical values for a range of spot indicators, and volatility at various times to expiration.

Instruments

Lists all instruments (put / call) from four Centralized Exchanges (Deribit, Binance, Bybit, Delta) for a given currency (BTC / ETH) and time to expiration.

Exchange: Select an exchange (Deribit, Binance, Bybit, Delta) to pull data from.

Currency: Select cryptocurrency.

Texp: Select time to expiration (in days).

Order Book

For all instruments, lists open interest and the best bid/ask prices and amounts. Also shows the mark price, implied volatility, and volume.

Exchange: Select exchange (Deribit, Binance, Bybit, Delta) to pull data from.

Currency: Select cryptocurrency.

Texp: Select time to expiration (in days).

Bid-ask smile

Plots implied volatility (bid, ask, mark) for various strikes for a given exchange, currency (BTC / ETH) and time to expiration. Trace shows implied volatility estimated using the SABR model ("stochastic alpha, beta, rho"). The mark price is also typically estimated with this model.

Exchange: Select exchange (Deribit, Binance, Bybit, Delta) to pull data from.

Currency: Select cryptocurrency.

Texp: Select time to expiration (in days). If “All” is selected, the plot displays a 3D volatility surface. Click on the surface to select a specific time to expiration and display the bid-ask smile using the SABR model (stochastic alpha beta rho). If a specific time to expiration is selected, the plot displays a 2D volatility surface, namely the implied volatility for the bid, ask and mark prices, as well as the values estimated using the SABR model (trace).

Click on a specific plot to reveal additional information:

Bid (green): Bid order book information for both calls and puts for a specific strike.

Ask (red): Bid order book information for both calls and puts for a specific strike.

Mark (orange): Open interest, volume and “the Greeks” (vega, theta, rho, gamma, delta).

Product: Select call or put to show the number of contracts for both bid and ask. Plot only shows after a specific strike price is selected

Texp Range: Select a range for times to expiration displayed in the 3D volatility surface.

Opportunities

Shows arbitrage opportunities when there is a difference between the buy and sell prices across different exchanges. If table is empty, there are no opportunities.