Resolving liquidity matrix...
Loading listed desk
Observed mark IV on identical strikes · observed tenors only · thin stays — · not an arb book · research terminal, not an OMS
Listed expiries with cross-venue mark IV — no 7d/30d fill-ins, thin stays —
| Tenor | Pairs | Max spread | Rich | Cheap |
|---|---|---|---|---|
| 18 | 72.0 pts | Paradex | Derive | |
| 12 | 23.4 pts | Paradex | Derive | |
| 16 | 40.5 pts | Bybit | Derive | |
| 2 | 8.7 pts | Paradex | Bybit | |
| 2 | 8.1 pts | Deribit | Bybit |
Observed IV difference (pts) on identical contracts — not an arb book
Observed mark IV only — missing venue IV stays —, never 0. Research terminal, not an OMS.
| CONTRACT | VENUES & MARK IV | SPREAD (PTS) | RICH VENUE | CHEAP VENUE |
|---|---|---|---|---|
| 09-29 $2,300 C | DRV 55.7%DRB 101.4%PDX 127.7%CCL 101.4% | 72.0 pts | Paradex | Derive |
| 09-29 $2,300 P | DRV 57.1%DRB 101.4%PDX 127.7%CCL 101.4% | 70.6 pts | Paradex | Derive |
| 09-29 $3,100 C | DRV 58.9%DRB 86.0%PDX 110.4%CCL 86.0% | 51.5 pts | Paradex | Derive |
| 09-29 $3,100 P | DRV 58.9%DRB 86.0%PDX 110.4%CCL 86.0% | 51.5 pts | Paradex | Derive |
| 09-29 $2,400 C | BYB 80.2%DRV 57.1%BIN 90.9%DRB 97.4%PDX 99.9%CCL 97.4% | 42.8 pts | Paradex | Derive |
| 09-29 $2,400 P | BYB 80.2%DRV 57.1%BIN 90.9%DRB 97.4%PDX 99.9%CCL 97.4% | 42.8 pts | Paradex | Derive |
| 10-02 $4,000 C | BYB 105.0%DRV 64.5% | 40.5 pts | Bybit | Derive |
| 10-02 $4,000 P | BYB 105.0%DRV 64.5% | 40.5 pts | Bybit | Derive |
| 10-02 $2,000 C | OKX 108.9%BYB 89.4%DRV 78.2%BIN 111.3%DRB 110.6%PDX 115.6%CCL 110.6% | 37.4 pts | Paradex | Derive |
| 10-02 $2,000 P | OKX 108.9%BYB 89.4%DRV 78.2%BIN 111.3%DRB 110.6%PDX 115.6%CCL 110.6% | 37.4 pts | Paradex | Derive |
| 09-29 $3,000 C | BYB 79.2%DRV 58.9%BIN 85.5%DRB 86.0%PDX 92.6%CCL 86.0% | 33.7 pts | Paradex | Derive |
| 09-29 $3,000 P | BYB 79.2%DRV 58.9%BIN 85.5%DRB 86.0%PDX 92.6%CCL 86.0% | 33.7 pts | Paradex | Derive |
| 09-29 $2,450 C | OKX 87.8%BYB 70.9%DRV 55.7%BIN 78.3%DRB 80.8%PDX 85.4%CCL 80.8% | 32.1 pts | OKX | Derive |
| 09-29 $2,450 P | OKX 87.8%BYB 70.9%DRV 57.1%BIN 78.3%DRB 80.8%PDX 85.4%CCL 80.8% | 30.7 pts | OKX | Derive |
| 09-29 $2,950 C | OKX 77.8%BYB 72.0%DRV 59.1%BIN 80.4%DRB 83.6%PDX 82.9%CCL 83.6% | 24.5 pts | Deribit | Derive |
| 09-29 $2,950 P | OKX 77.8%BYB 72.0%DRV 59.1%BIN 80.4%DRB 83.6%PDX 82.9%CCL 83.6% | 24.5 pts | Deribit | Derive |
| 10-02 $2,100 C | OKX 99.0%DRV 78.0%DRB 97.2%PDX 102.1%CCL 97.2% | 24.0 pts | Paradex | Derive |
| 10-02 $2,100 P | OKX 99.0%DRV 78.2%DRB 97.2%PDX 102.1%CCL 97.2% | 23.9 pts | Paradex | Derive |
| 09-30 $2,300 C | DRV 69.9%DRB 92.6%PDX 93.4%CCL 92.6% | 23.4 pts | Paradex | Derive |
| 09-30 $2,300 P | DRV 69.9%DRB 92.6%PDX 93.4%CCL 92.6% | 23.4 pts | Paradex | Derive |
| 10-02 $3,500 P | BYB 83.3%DRV 64.0% | 19.3 pts | Bybit | Derive |
| 10-02 $3,500 C | BYB 83.3%DRV 64.5% | 18.8 pts | Bybit | Derive |
| 09-29 $2,500 C | OKX 74.1%BYB 61.5%DRV 57.1%BIN 66.8%DRB 69.8%PDX 70.9%CCL 69.8% | 17.0 pts | OKX | Derive |
| 09-29 $2,500 P | OKX 74.1%BYB 61.5%DRV 57.1%BIN 66.8%DRB 69.8%PDX 70.9%CCL 69.8% | 17.0 pts | OKX | Derive |
| 10-02 $2,200 C | OKX 87.1%BYB 72.0%DRV 78.0%BIN 85.7%DRB 85.5%PDX 88.5%CCL 85.6% | 16.5 pts | Paradex | Bybit |
| 10-02 $2,200 P | OKX 87.1%BYB 72.0%DRV 78.0%BIN 85.7%DRB 85.5%PDX 88.5%CCL 85.7% | 16.5 pts | Paradex | Bybit |
| 09-30 $3,100 P | DRV 62.5%DRB 78.8%PDX 78.5%CCL 78.8% | 16.3 pts | Deribit | Derive |
| 09-30 $3,100 C | DRV 62.5%DRB 78.8%PDX 78.5%CCL 78.8% | 16.3 pts | Deribit | Derive |
| 10-02 $2,150 C | OKX 93.2%DRV 78.0% | 15.2 pts | OKX | Derive |
| 10-02 $2,150 P | OKX 93.2%DRV 78.0% | 15.2 pts | OKX | Derive |
| 09-29 $2,900 C | OKX 71.8%BYB 64.3%DRV 59.1%BIN 71.1%DRB 72.4%PDX 72.7%CCL 72.4% | 13.6 pts | Paradex | Derive |
| 09-29 $2,900 P | OKX 71.8%BYB 64.3%DRV 59.1%BIN 71.1%DRB 72.4%PDX 72.7%CCL 72.4% | 13.6 pts | Paradex | Derive |
| 09-30 $2,450 C | OKX 67.9%BYB 56.5%DRV 66.3%BIN 66.7%DRB 66.7%PDX 67.4%CCL 66.8% | 11.4 pts | OKX | Bybit |
| 09-30 $2,450 P | OKX 67.9%BYB 56.5%DRV 66.3%BIN 66.7%DRB 66.7%PDX 67.4%CCL 66.8% | 11.4 pts | OKX | Bybit |
| 09-30 $3,000 C | BYB 60.4%DRV 62.5%BIN 66.3%DRB 69.7%PDX 67.4%CCL 69.7% | 9.3 pts | Deribit | Bybit |
| 09-30 $3,000 P | BYB 60.4%DRV 62.5%BIN 66.3%DRB 69.7%PDX 67.4%CCL 69.7% | 9.3 pts | Deribit | Bybit |
| 10-02 $2,400 C | OKX 61.2%BYB 55.8%DRV 64.9%BIN 61.5%DRB 61.8%PDX 62.7%CCL 61.8% | 9.1 pts | Derive | Bybit |
| 10-02 $2,400 P | OKX 61.2%BYB 55.8%DRV 64.9%BIN 61.5%DRB 61.8%PDX 62.7%CCL 61.8% | 9.1 pts | Derive | Bybit |
| 10-09 $2,000 C | BYB 70.2%BIN 78.1%DRB 78.3%PDX 78.8%CCL 78.3% | 8.7 pts | Paradex | Bybit |
| 10-09 $2,000 P | BYB 70.2%BIN 78.1%DRB 78.3%PDX 78.8%CCL 78.3% | 8.7 pts | Paradex | Bybit |
| 09-30 $2,500 C | OKX 58.2%BYB 51.2%DRV 59.5%BIN 58.0%DRB 58.1%PDX 58.9%CCL 58.1% | 8.3 pts | Derive | Bybit |
| 09-30 $2,500 P | OKX 58.2%BYB 51.2%DRV 59.5%BIN 58.0%DRB 58.1%PDX 58.9%CCL 58.2% | 8.3 pts | Derive | Bybit |
| 06-25 $1,000 C | OKX 71.3%BYB 63.9%BIN 71.8%DRB 71.9%PDX 71.8%CCL 71.9% | 8.1 pts | Deribit | Bybit |
| 06-25 $1,000 P | OKX 71.3%BYB 63.9%BIN 71.8%DRB 71.9%PDX 71.8%CCL 71.9% | 8.1 pts | Deribit | Bybit |
| 09-29 $2,680 C | OKX 27.8%BYB 32.4%THX 33.8%DRB 33.8%PDX 35.8%CCL 33.8% | 8.0 pts | Paradex | OKX |
| 09-29 $2,680 P | OKX 27.8%BYB 32.4%THX 33.8%DRB 33.8%PDX 35.8%CCL 33.9% | 8.0 pts | Paradex | OKX |
| 09-30 $2,400 C | OKX 77.6%DRV 69.9%DRB 74.8%PDX 76.2%CCL 74.7% | 7.7 pts | OKX | Derive |
| 09-30 $2,400 P | OKX 77.6%DRV 69.9%DRB 74.8%PDX 76.2%CCL 74.7% | 7.7 pts | OKX | Derive |
| 10-02 $2,450 C | OKX 55.5%BYB 52.0%DRV 59.5%BIN 55.8%DRB 56.2%PDX 57.0%CCL 56.3% | 7.5 pts | Derive | Bybit |
| 10-02 $2,450 P | OKX 55.5%BYB 52.0%DRV 59.5%BIN 55.8%DRB 56.2%PDX 57.0%CCL 56.3% | 7.5 pts | Derive | Bybit |