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Research directory

Funding, basis & derivatives

Inspect funding intervals, hedge assumptions and expiry economics. Annualized rates and option observations describe different risks and should not be conflated.

Tools and working views

39 related resources. Choose the measurement you need, then read the assumptions on its page.

Funding Rate Calculator: Payments and Simple APR | BTCMoxProject short perpetual funding receipts or payments from a rate and interval. Calculate net carry after costs, simple APR and return on committed capital.Open resource ↗Funding Arbitrage Break-Even Calculator | BTCMoxEstimate how many days a spot and perpetual funding trade needs to recover trading costs after borrow expenses, using your own constant-rate assumptions.Open resource ↗Cross-Exchange Funding Arbitrage Calculator | BTCMoxCompare long and short perpetual funding across exchanges with separate settlement intervals. Estimate daily net carry after costs for matching notionals.Open resource ↗Bitcoin Cash-and-Carry Basis Calculator | BTCMoxCalculate Bitcoin spot versus dated-futures basis, net carry after costs and simple annualized return on committed capital for your chosen futures expiry.Open resource ↗Spot and Perpetual Hedge Calculator | BTCMoxStress a Bitcoin spot and short perpetual hedge using percentage moves, extra basis movement, funding and costs. Compare each leg and the combined result.Open resource ↗Leveraged Bitcoin Trade Cost Calculator | BTCMoxEstimate a leveraged Bitcoin long trade's gross profit, entry and exit fees, signed funding and net result. Compare the outcome with initial margin.Open resource ↗Long Futures Roll Cost Comparison | BTCMoxCompare the spread and fees of rolling a long dated futures position. Use the expiring bid, next-contract ask, matched quantity and expiry dates locally.Open resource ↗Funding History Cashflow Analyzer | BTCMoxCalculate funding cashflows from timestamped rate and mark-price rows for a fixed long or short quantity, without assuming every funding interval is identical.Open resource ↗Crypto Funding Rate Comparison: BTC, ETH and SOL Intervals | BTCMoxCompare Bybit BTC, ETH and SOL perpetual funding rates using each reported interval. Inspect daily equivalents, simple APR and hypothetical short cash flow.Open resource ↗Funding APR vs Return on Capital: A Bitcoin Hedge Example | BTCMoxSeparate annualized funding on notional from return on committed capital. Work through a spot-perpetual example including fees and margin reserves.Open resource ↗1h, 4h and 8h Funding Rates: Compare Intervals and Signs | BTCMoxCompare perpetual funding rates with different intervals, understand negative funding and calculate a two-venue funding difference correctly.Open resource ↗Bitcoin DCA Average Price: A Worked Example With Fees | BTCMoxCalculate weighted Bitcoin acquisition cost from recurring buys. See why averaging purchase prices is wrong and how fees change your break-even price.Open resource ↗Bitcoin Spot vs Perpetual vs Dated Futures | BTCMoxCompare Bitcoin spot, perpetuals and dated futures by ownership, funding, expiry and settlement. Choose the cost model that matches the position you hold.Open resource ↗Perpetual Funding Rates and Spot-Perp Carry Scenarios | BTCMoxInspect perpetual funding observations, settlement intervals and simple annualized rates. Model spot-long/perpetual-short cash flow with capital and costs.Open resource ↗Bitcoin Options, DVOL and Open Interest Research | BTCMoxInspect supported Deribit Bitcoin volatility and options observations with source context. Distinguish implied volatility, historical movement and open interest.Open resource ↗Spot and Perpetual Hedge Stress Test | BTCMoxModel spot and short-perpetual P&L under price and basis changes, supplied funding, holding time and costs. Inspect residual exposure.Open resource ↗Downside Volatility CalculatorCalculate downside deviation from periodic percentage returns and a per-period target, using all observations in the denominator and explicit annualization.Open resource ↗European Option Price and Greeks CalculatorCalculate European call and put values together with delta, gamma, vega, theta and rho from one consistent set of assumptions.Open resource ↗European Call Implied Volatility SolverTranslate a supplied European call premium into the annualized volatility that reproduces it under the selected pricing model.Open resource ↗Put-Call Parity Discrepancy CalculatorCompare a call-minus-put premium against the discounted underlying-minus-strike relationship for matching European options.Open resource ↗Bull Call Spread Expiry Payoff CalculatorInspect the terminal profit and loss of buying a lower-strike call and selling a higher-strike call with the same expiry.Open resource ↗Bear Put Spread Expiry Payoff CalculatorModel a bought higher-strike put paired with a sold lower-strike put at the same expiry.Open resource ↗Protective Put Expiry Payoff CalculatorCombine an existing underlying purchase with an equal quantity of bought puts and examine the final combined profit and loss.Open resource ↗Covered Call Expiry Payoff CalculatorCalculate the terminal outcome of holding an underlying asset while selling a call against the same represented quantity.Open resource ↗Protective Collar Expiry Payoff CalculatorExplore a holding protected by a lower-strike put and capped by a higher-strike short call.Open resource ↗Long Straddle Expiry Payoff CalculatorMeasure how far an underlying must finish from a common strike to recover the cost of buying both a call and a put.Open resource ↗Long Strangle Expiry Payoff CalculatorInspect a purchased lower-strike put and higher-strike call with one expiry.Open resource ↗Option Delta-Gamma Price Shock CalculatorSeparate the first-order and second-order effects of an underlying-price shock on an option position.Open resource ↗Forward Volatility from Two Terms CalculatorDecompose two compatible cumulative-variance terms into the annualized volatility implied for the interval between their expiries.Open resource ↗Inverse Futures Coin and USD P&L CalculatorCompute inverse-futures profit and loss in the settlement coin, then convert that result at the selected exit price.Open resource ↗Quanto Futures Settlement Scenario CalculatorEvaluate a contract whose reference-price movement pays a fixed amount in another settlement coin.Open resource ↗Option Delta Hedge Rebalance CalculatorCalculate the linear underlying trade needed after an option position’s delta changes.Open resource ↗Futures Calendar Spread P&L CalculatorMeasure a position that buys a near-maturity linear futures contract and sells an equal underlying quantity of a farther maturity.Open resource ↗Long Call Butterfly Expiry Payoff CalculatorInspect a symmetric call butterfly composed of one lower-strike long call, two middle-strike short calls and one upper-strike long call.Open resource ↗Iron Condor Expiry Payoff CalculatorEvaluate a credit-style iron condor with a bought lower put, sold inner put, sold inner call and bought upper call.Open resource ↗Minimum-Variance Futures Hedge Ratio CalculatorCalculate the linear futures notional that minimizes the variance of a long spot exposure under supplied return volatility and correlation estimates.Open resource ↗Long Risk Reversal Expiry Payoff CalculatorModel the explicitly defined direction of buying a higher-strike call and selling a lower-strike put without owning the underlying.Open resource ↗Comparing funding rates with different intervals | BTCMoxA funding rate needs its settlement interval and cash-flow sign. Equal displayed percentages can imply different simple cash-flow scenarios when the intervals differ.Open resource ↗Cash-and-carry basis and convergence assumptions | BTCMoxA fixed-expiry basis scenario depends on spot inventory, a derivative position, funding or financing costs and the actual settlement mechanism. A premium is not guaranteed net income.Open resource ↗

A practical research sequence

Start with the question you need to answer: available liquidity, total cost, collateral sensitivity, protocol activity or portfolio exposure. Choose a tool whose input units and data source match that question. Capture the observation time and compare a baseline before changing assumptions.

Each working view links to its methodology and related tools. The public market pages load named providers automatically; local scenario and CSV tools calculate in the browser. Pausing public feeds freezes observations in the current tab, so recheck timestamps before using a retained result.

Interpretation and boundaries

Inspect funding intervals, hedge assumptions and expiry economics. Annualized rates and option observations describe different risks and should not be conflated.

The catalogue includes distinct calculations and data views rather than a claim that every measurement is a trading signal. A computed ratio can be numerically correct while its assumptions no longer match the market. Use the source references, check missing fields and retain enough context to reproduce the result.