Boros Explorer

Sep 25, 26

6.61%

Binance

BTCUSDT_260925

Sep 25, 26

4.55%

same date

+2.06pp

Sep 25, 26

6.61%

Bybit

BTCUSDT-25SEP26

Sep 25, 26

3.88%

same date

+2.73pp

Sep 25, 26

6.61%

CME

BTCU6

Sep 25, 26

5.15%

same date

+1.46pp

Sep 25, 26

6.61%

Deribit

BTC-25SEP26

Sep 25, 26

3.70%

same date

+2.91pp

Sep 25, 26

4.25%

Binance

BTCUSDT_260925

Sep 25, 26

4.55%

same date

-0.30pp

Sep 25, 26

4.25%

Bybit

BTCUSDT-25SEP26

Sep 25, 26

3.88%

same date

+0.37pp

Sep 25, 26

4.25%

CME

BTCU6

Sep 25, 26

5.15%

same date

-0.90pp

Sep 25, 26

4.25%

Deribit

BTC-25SEP26

Sep 25, 26

3.70%

same date

+0.55pp

Sep 25, 26

7.75%

Binance

BTCUSDT_260925

Sep 25, 26

4.55%

same date

+3.20pp

Sep 25, 26

7.75%

Bybit

BTCUSDT-25SEP26

Sep 25, 26

3.88%

same date

+3.86pp

Sep 25, 26

7.75%

CME

BTCU6

Sep 25, 26

5.15%

same date

+2.60pp

Sep 25, 26

7.75%

Deribit

BTC-25SEP26

Sep 25, 26

3.70%

same date

+4.04pp

Sep 25, 26

5.65%

Binance

BTCUSDT_260925

Sep 25, 26

4.55%

same date

+1.11pp

Sep 25, 26

5.65%

Bybit

BTCUSDT-25SEP26

Sep 25, 26

3.88%

same date

+1.77pp

Sep 25, 26

5.65%

CME

BTCU6

Sep 25, 26

5.15%

same date

Sep 25, 26

5.65%

Deribit

BTC-25SEP26

Sep 25, 26

3.70%

same date

+1.95pp

Sep 25, 26

5.23%

Binance

BTCUSDT_260925

Sep 25, 26

4.55%

same date

+0.68pp

Sep 25, 26

5.23%

Bybit

BTCUSDT-25SEP26

Sep 25, 26

3.88%

same date

Sep 25, 26

5.23%

CME

BTCU6

Sep 25, 26

5.15%

same date

+0.08pp

Sep 25, 26

5.23%

Deribit

BTC-25SEP26

Sep 25, 26

3.70%

same date

+1.53pp

Oct 30, 26

6.15%

Binance

BTCUSDT_260925

Sep 25, 26

4.55%

-35d

+1.60pp

Oct 30, 26

6.15%

Bybit

BTCUSDT-30OCT26

Oct 30, 26

4.13%

same date

+2.02pp

Oct 30, 26

6.15%

CME

MBTV6

Oct 30, 26

5.20%

same date

+0.95pp

Oct 30, 26

6.15%

Deribit

BTC-30OCT26

Oct 30, 26

4.16%

same date

+2.00pp

Oct 30, 26

4.97%

Binance

BTCUSDT_260925

Sep 25, 26

4.55%

-35d

+0.42pp

Oct 30, 26

4.97%

Bybit

BTCUSDT-30OCT26

Oct 30, 26

4.13%

same date

+0.84pp

Oct 30, 26

4.97%

CME

MBTV6

Oct 30, 26

5.20%

same date

-0.23pp

Oct 30, 26

4.97%

Deribit

BTC-30OCT26

Oct 30, 26

4.16%

same date

+0.81pp

Oct 30, 26

7.81%

Binance

BTCUSDT_260925

Sep 25, 26

4.55%

-35d

+3.26pp

Oct 30, 26

7.81%

Bybit

BTCUSDT-30OCT26

Oct 30, 26

4.13%

same date

+3.68pp

Oct 30, 26

7.81%

CME

MBTV6

Oct 30, 26

5.20%

same date

+2.61pp

Oct 30, 26

7.81%

Deribit

BTC-30OCT26

Oct 30, 26

4.16%

same date

+3.65pp

Oct 30, 26

5.90%

Binance

BTCUSDT_260925

Sep 25, 26

4.55%

-35d

Oct 30, 26

5.90%

Bybit

BTCUSDT-30OCT26

Oct 30, 26

4.13%

same date

+1.76pp

Oct 30, 26

5.90%

CME

MBTV6

Oct 30, 26

5.20%

same date

+0.70pp

Oct 30, 26

5.90%

Deribit

BTC-30OCT26

Oct 30, 26

4.16%

same date

+1.74pp

Oct 30, 26

5.71%

Binance

BTCUSDT_260925

Sep 25, 26

4.55%

-35d

+1.16pp

Oct 30, 26

5.71%

Bybit

BTCUSDT-30OCT26

Oct 30, 26

4.13%

same date

+1.57pp

Oct 30, 26

5.71%

CME

MBTV6

Oct 30, 26

5.20%

same date

Oct 30, 26

5.71%

Deribit

BTC-30OCT26

Oct 30, 26

4.16%

same date

+1.55pp

				Freshness
Sep 25, 26 · 15d to expiry · 9 quotes
Hyperliquid	IY	7.75%	+2.60pp
Binance	IY	6.61%	+1.46pp
KuCoin	IY	5.65%	+0.51pp
OKX	IY	5.23%	+0.08pp
CME	BASIS	5.15%	—
Binance	BASIS	4.55%	-0.60pp
Gate	IY	4.25%	-0.90pp
Bybit	BASIS	3.88%	-1.26pp
Deribit	BASIS	3.70%	-1.45pp
Oct 30, 26 · 50d to expiry · 8 quotes
Hyperliquid	IY	7.81%	+2.61pp
Binance	IY	6.15%	+0.95pp
KuCoin	IY	5.90%	+0.70pp
OKX	IY	5.71%	+0.51pp
CME	BASIS	5.20%	—
Gate	IY	4.97%	-0.23pp
Deribit	BASIS	4.16%	-1.04pp
Bybit	BASIS	4.13%	-1.06pp
Nov 27, 26 · 78d to expiry · 3 quotes
CME	BASIS	5.35%	—
Deribit	BASIS	4.45%	-0.89pp
Bybit	BASIS	4.30%	-1.05pp
Dec 24, 26 · 105d to expiry · 1 quote
CME	BASIS	5.32%	—	17hsettle
Dec 25, 26 · 106d to expiry · 3 quotes
Deribit	BASIS	4.65%	—
Bybit	BASIS	4.44%	—
Binance	BASIS	4.30%	—
Jan 29, 27 · 141d to expiry · 1 quote
CME	BASIS	5.23%	—	<1hmid
Mar 26, 27 · 197d to expiry · 2 quotes
Deribit	BASIS	4.70%	—
Bybit	BASIS	4.53%	—
Jun 25, 27 · 288d to expiry · 2 quotes
Deribit	BASIS	4.84%	—
Bybit	BASIS	4.74%	—

Freshness

Sep 25, 26 · 15d to expiry · 9 quotes

7.75%

+2.60pp

6.61%

+1.46pp

5.65%

+0.51pp

5.23%

+0.08pp

CME

BASIS

5.15%

—

Binance

BASIS

4.55%

-0.60pp

4.25%

-0.90pp

Bybit

BASIS

3.88%

-1.26pp

Deribit

BASIS

3.70%

-1.45pp

Oct 30, 26 · 50d to expiry · 8 quotes

7.81%

+2.61pp

6.15%

+0.95pp

5.90%

+0.70pp

5.71%

+0.51pp

CME

BASIS

5.20%

—

4.97%

-0.23pp

Deribit

BASIS

4.16%

-1.04pp

Bybit

BASIS

4.13%

-1.06pp

Nov 27, 26 · 78d to expiry · 3 quotes

CME

BASIS

5.35%

—

Deribit

BASIS

4.45%

-0.89pp

Bybit

BASIS

4.30%

-1.05pp

Dec 24, 26 · 105d to expiry · 1 quote

CME

BASIS

5.32%

—

17hsettle

Dec 25, 26 · 106d to expiry · 3 quotes

Deribit

BASIS

4.65%

—

Bybit

BASIS

4.44%

—

Binance

BASIS

4.30%

—

Jan 29, 27 · 141d to expiry · 1 quote

CME

BASIS

5.23%

—

<1hmid

Mar 26, 27 · 197d to expiry · 2 quotes

Deribit

BASIS

4.70%

—

Bybit

BASIS

4.53%

—

Jun 25, 27 · 288d to expiry · 2 quotes

Deribit

BASIS

4.84%

—

Bybit

BASIS

4.74%

—

Venue				Current vs 30d avg
Hyperliquid	9.40%	8.04%	10.95%	▲ +1.55pp
Lighter	8.65%	—	—
OKX	6.82%	3.75%	8.09%	▲ +1.27pp
Bitget	6.55%	—	—
KuCoin	5.59%	3.71%	5.69%	▲ +0.10pp
Bybit	5.48%	—	—
Binance	7.38%	5.19%	5.16%	▼ -2.22pp
Gate	4.88%	2.81%	4.71%	▼ -0.17pp
Deribit	4.15%	—	—

Venue

Hyperliquid

9.40%

8.04%

10.95%

Lighter

8.65%

—

OKX

6.82%

3.75%

8.09%

Bitget

6.55%

—

KuCoin

5.59%

3.71%

5.69%

Bybit

5.48%

—

Binance

7.38%

5.19%

5.16%

Gate

4.88%

2.81%

4.71%

Deribit

4.15%

—

Boros market			Futures venue	Contract	Futures expiry
Binance	Sep 25, 26	6.61%	Binance	BTCUSDT_260925	Sep 25, 26	4.55%	same date	+2.06pp
Binance	Sep 25, 26	6.61%	Bybit	BTCUSDT-25SEP26	Sep 25, 26	3.88%	same date	+2.73pp
Binance	Sep 25, 26	6.61%	CME	BTCU6	Sep 25, 26	5.15%	same date	+1.46pp
Binance	Sep 25, 26	6.61%	Deribit	BTC-25SEP26	Sep 25, 26	3.70%	same date	+2.91pp
Gate	Sep 25, 26	4.25%	Binance	BTCUSDT_260925	Sep 25, 26	4.55%	same date	-0.30pp
Gate	Sep 25, 26	4.25%	Bybit	BTCUSDT-25SEP26	Sep 25, 26	3.88%	same date	+0.37pp
Gate	Sep 25, 26	4.25%	CME	BTCU6	Sep 25, 26	5.15%	same date	-0.90pp
Gate	Sep 25, 26	4.25%	Deribit	BTC-25SEP26	Sep 25, 26	3.70%	same date	+0.55pp
Hyperliquid	Sep 25, 26	7.75%	Binance	BTCUSDT_260925	Sep 25, 26	4.55%	same date	+3.20pp
Hyperliquid	Sep 25, 26	7.75%	Bybit	BTCUSDT-25SEP26	Sep 25, 26	3.88%	same date	+3.86pp
Hyperliquid	Sep 25, 26	7.75%	CME	BTCU6	Sep 25, 26	5.15%	same date	+2.60pp
Hyperliquid	Sep 25, 26	7.75%	Deribit	BTC-25SEP26	Sep 25, 26	3.70%	same date	+4.04pp
KuCoin	Sep 25, 26	5.65%	Binance	BTCUSDT_260925	Sep 25, 26	4.55%	same date	+1.11pp
KuCoin	Sep 25, 26	5.65%	Bybit	BTCUSDT-25SEP26	Sep 25, 26	3.88%	same date	+1.77pp
KuCoin	Sep 25, 26	5.65%	CME	BTCU6	Sep 25, 26	5.15%	same date	+0.51pp
KuCoin	Sep 25, 26	5.65%	Deribit	BTC-25SEP26	Sep 25, 26	3.70%	same date	+1.95pp
OKX	Sep 25, 26	5.23%	Binance	BTCUSDT_260925	Sep 25, 26	4.55%	same date	+0.68pp
OKX	Sep 25, 26	5.23%	Bybit	BTCUSDT-25SEP26	Sep 25, 26	3.88%	same date	+1.35pp
OKX	Sep 25, 26	5.23%	CME	BTCU6	Sep 25, 26	5.15%	same date	+0.08pp
OKX	Sep 25, 26	5.23%	Deribit	BTC-25SEP26	Sep 25, 26	3.70%	same date	+1.53pp
Binance	Oct 30, 26	6.15%	Binance	BTCUSDT_260925	Sep 25, 26	4.55%	-35d	+1.60pp
Binance	Oct 30, 26	6.15%	Bybit	BTCUSDT-30OCT26	Oct 30, 26	4.13%	same date	+2.02pp
Binance	Oct 30, 26	6.15%	CME	MBTV6	Oct 30, 26	5.20%	same date	+0.95pp
Binance	Oct 30, 26	6.15%	Deribit	BTC-30OCT26	Oct 30, 26	4.16%	same date	+2.00pp
Gate	Oct 30, 26	4.97%	Binance	BTCUSDT_260925	Sep 25, 26	4.55%	-35d	+0.42pp
Gate	Oct 30, 26	4.97%	Bybit	BTCUSDT-30OCT26	Oct 30, 26	4.13%	same date	+0.84pp
Gate	Oct 30, 26	4.97%	CME	MBTV6	Oct 30, 26	5.20%	same date	-0.23pp
Gate	Oct 30, 26	4.97%	Deribit	BTC-30OCT26	Oct 30, 26	4.16%	same date	+0.81pp
Hyperliquid	Oct 30, 26	7.81%	Binance	BTCUSDT_260925	Sep 25, 26	4.55%	-35d	+3.26pp
Hyperliquid	Oct 30, 26	7.81%	Bybit	BTCUSDT-30OCT26	Oct 30, 26	4.13%	same date	+3.68pp
Hyperliquid	Oct 30, 26	7.81%	CME	MBTV6	Oct 30, 26	5.20%	same date	+2.61pp
Hyperliquid	Oct 30, 26	7.81%	Deribit	BTC-30OCT26	Oct 30, 26	4.16%	same date	+3.65pp
KuCoin	Oct 30, 26	5.90%	Binance	BTCUSDT_260925	Sep 25, 26	4.55%	-35d	+1.35pp
KuCoin	Oct 30, 26	5.90%	Bybit	BTCUSDT-30OCT26	Oct 30, 26	4.13%	same date	+1.76pp
KuCoin	Oct 30, 26	5.90%	CME	MBTV6	Oct 30, 26	5.20%	same date	+0.70pp
KuCoin	Oct 30, 26	5.90%	Deribit	BTC-30OCT26	Oct 30, 26	4.16%	same date	+1.74pp
OKX	Oct 30, 26	5.71%	Binance	BTCUSDT_260925	Sep 25, 26	4.55%	-35d	+1.16pp
OKX	Oct 30, 26	5.71%	Bybit	BTCUSDT-30OCT26	Oct 30, 26	4.13%	same date	+1.57pp
OKX	Oct 30, 26	5.71%	CME	MBTV6	Oct 30, 26	5.20%	same date	+0.51pp
OKX	Oct 30, 26	5.71%	Deribit	BTC-30OCT26	Oct 30, 26	4.16%	same date	+1.55pp

Boros market

Futures venue

Contract

Futures expiry

Sep 25, 26

6.61%

Binance

BTCUSDT_260925

Sep 25, 26

4.55%

same date

+2.06pp

Sep 25, 26

6.61%

Bybit

BTCUSDT-25SEP26

Sep 25, 26

3.88%

same date

+2.73pp

Sep 25, 26

6.61%

CME

BTCU6

Sep 25, 26

5.15%

same date

+1.46pp

Sep 25, 26

6.61%

Deribit

BTC-25SEP26

Sep 25, 26

3.70%

same date

+2.91pp

Sep 25, 26

4.25%

Binance

BTCUSDT_260925

Sep 25, 26

4.55%

same date

-0.30pp

Sep 25, 26

4.25%

Bybit

BTCUSDT-25SEP26

Sep 25, 26

3.88%

same date

+0.37pp

Sep 25, 26

4.25%

CME

BTCU6

Sep 25, 26

5.15%

same date

-0.90pp

Sep 25, 26

4.25%

Deribit

BTC-25SEP26

Sep 25, 26

3.70%

same date

+0.55pp

Sep 25, 26

7.75%

Binance

BTCUSDT_260925

Sep 25, 26

4.55%

same date

+3.20pp

Sep 25, 26

7.75%

Bybit

BTCUSDT-25SEP26

Sep 25, 26

3.88%

same date

+3.86pp

Sep 25, 26

7.75%

CME

BTCU6

Sep 25, 26

5.15%

same date

+2.60pp

Sep 25, 26

7.75%

Deribit

BTC-25SEP26

Sep 25, 26

3.70%

same date

+4.04pp

Sep 25, 26

5.65%

Binance

BTCUSDT_260925

Sep 25, 26

4.55%

same date

+1.11pp

Sep 25, 26

5.65%

Bybit

BTCUSDT-25SEP26

Sep 25, 26

3.88%

same date

+1.77pp

Sep 25, 26

5.65%

CME

BTCU6

Sep 25, 26

5.15%

same date

Sep 25, 26

5.65%

Deribit

BTC-25SEP26

Sep 25, 26

3.70%

same date

+1.95pp

Sep 25, 26

5.23%

Binance

BTCUSDT_260925

Sep 25, 26

4.55%

same date

+0.68pp

Sep 25, 26

5.23%

Bybit

BTCUSDT-25SEP26

Sep 25, 26

3.88%

same date

Sep 25, 26

5.23%

CME

BTCU6

Sep 25, 26

5.15%

same date

+0.08pp

Sep 25, 26

5.23%

Deribit

BTC-25SEP26

Sep 25, 26

3.70%

same date

+1.53pp

Oct 30, 26

6.15%

Binance

BTCUSDT_260925

Sep 25, 26

4.55%

-35d

+1.60pp

Oct 30, 26

6.15%

Bybit

BTCUSDT-30OCT26

Oct 30, 26

4.13%

same date

+2.02pp

Oct 30, 26

6.15%

CME

MBTV6

Oct 30, 26

5.20%

same date

+0.95pp

Oct 30, 26

6.15%

Deribit

BTC-30OCT26

Oct 30, 26

4.16%

same date

+2.00pp

Oct 30, 26

4.97%

Binance

BTCUSDT_260925

Sep 25, 26

4.55%

-35d

+0.42pp

Oct 30, 26

4.97%

Bybit

BTCUSDT-30OCT26

Oct 30, 26

4.13%

same date

+0.84pp

Oct 30, 26

4.97%

CME

MBTV6

Oct 30, 26

5.20%

same date

-0.23pp

Oct 30, 26

4.97%

Deribit

BTC-30OCT26

Oct 30, 26

4.16%

same date

+0.81pp

Oct 30, 26

7.81%

Binance

BTCUSDT_260925

Sep 25, 26

4.55%

-35d

+3.26pp

Oct 30, 26

7.81%

Bybit

BTCUSDT-30OCT26

Oct 30, 26

4.13%

same date

+3.68pp

Oct 30, 26

7.81%

CME

MBTV6

Oct 30, 26

5.20%

same date

+2.61pp

Oct 30, 26

7.81%

Deribit

BTC-30OCT26

Oct 30, 26

4.16%

same date

+3.65pp

Oct 30, 26

5.90%

Binance

BTCUSDT_260925

Sep 25, 26

4.55%

-35d

Oct 30, 26

5.90%

Bybit

BTCUSDT-30OCT26

Oct 30, 26

4.13%

same date

+1.76pp

Oct 30, 26

5.90%

CME

MBTV6

Oct 30, 26

5.20%

same date

+0.70pp

Oct 30, 26

5.90%

Deribit

BTC-30OCT26

Oct 30, 26

4.16%

same date

+1.74pp

Oct 30, 26

5.71%

Binance

BTCUSDT_260925

Sep 25, 26

4.55%

-35d

+1.16pp

Oct 30, 26

5.71%

Bybit

BTCUSDT-30OCT26

Oct 30, 26

4.13%

same date

+1.57pp

Oct 30, 26

5.71%

CME

MBTV6

Oct 30, 26

5.20%

same date

Oct 30, 26

5.71%

Deribit

BTC-30OCT26

Oct 30, 26

4.16%

same date

+1.55pp

				Freshness
Sep 25, 26 · 15d to expiry · 9 quotes
Hyperliquid	IY	7.75%	+2.60pp
Binance	IY	6.61%	+1.46pp
KuCoin	IY	5.65%	+0.51pp
OKX	IY	5.23%	+0.08pp
CME	BASIS	5.15%	—
Binance	BASIS	4.55%	-0.60pp
Gate	IY	4.25%	-0.90pp
Bybit	BASIS	3.88%	-1.26pp
Deribit	BASIS	3.70%	-1.45pp
Oct 30, 26 · 50d to expiry · 8 quotes
Hyperliquid	IY	7.81%	+2.61pp
Binance	IY	6.15%	+0.95pp
KuCoin	IY	5.90%	+0.70pp
OKX	IY	5.71%	+0.51pp
CME	BASIS	5.20%	—
Gate	IY	4.97%	-0.23pp
Deribit	BASIS	4.16%	-1.04pp
Bybit	BASIS	4.13%	-1.06pp
Nov 27, 26 · 78d to expiry · 3 quotes
CME	BASIS	5.35%	—
Deribit	BASIS	4.45%	-0.89pp
Bybit	BASIS	4.30%	-1.05pp
Dec 24, 26 · 105d to expiry · 1 quote
CME	BASIS	5.32%	—	17hsettle
Dec 25, 26 · 106d to expiry · 3 quotes
Deribit	BASIS	4.65%	—
Bybit	BASIS	4.44%	—
Binance	BASIS	4.30%	—
Jan 29, 27 · 141d to expiry · 1 quote
CME	BASIS	5.23%	—	<1hmid
Mar 26, 27 · 197d to expiry · 2 quotes
Deribit	BASIS	4.70%	—
Bybit	BASIS	4.53%	—
Jun 25, 27 · 288d to expiry · 2 quotes
Deribit	BASIS	4.84%	—
Bybit	BASIS	4.74%	—

Freshness

Sep 25, 26 · 15d to expiry · 9 quotes

7.75%

+2.60pp

6.61%

+1.46pp

5.65%

+0.51pp

5.23%

+0.08pp

CME

BASIS

5.15%

—

Binance

BASIS

4.55%

-0.60pp

4.25%

-0.90pp

Bybit

BASIS

3.88%

-1.26pp

Deribit

BASIS

3.70%

-1.45pp

Oct 30, 26 · 50d to expiry · 8 quotes

7.81%

+2.61pp

6.15%

+0.95pp

5.90%

+0.70pp

5.71%

+0.51pp

CME

BASIS

5.20%

—