Options arbitrage
The same option costs different amounts on four venues. We show where to buy it cheaper and sell it dearer — in dollars per contract.
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What the scanner compares
An option is uniquely defined by three things: the underlying coin, the strike and the expiry date. If two venues list a contract with the same three, it is the same instrument, and the price difference is the opportunity.
Why dollars, not percent
Percentages mislead on options. A twenty-five dollar contract with an eight dollar gap reads as «thirty-five percent», yet that is one tick. Conversely a deep in-the-money option shows half a percent, which is a thousand dollars per contract.
The tick column shows the venue’s minimum price step. Coin-quoted venues use 0.0001 of the coin — about eight dollars for bitcoin.
What it does not do
- No fees included.
- No book depth.
- No reconciling of settlement currencies: Deribit and OKX quote in coin, Bybit and Binance in dollars.