Expiries
You can trade Daily, Weekly, and Monthly expiries on Derive. The current schedule consists of the following listings:
2 Daily expiries.
3 Weekly expiries.
3 Monthly expiries.
When one of the listed Dailies, Weeklies, or Monthlies expires, a new one will be added.
Strikes
The strike increments depend on the delta and the time left to expiry:
Ethereum (ETH)
Time to Expiry | Delta | Increments ($) |
1 day or less | 40-60 | 25 |
| 20-40, 60-80 | 50 |
| 1-20, 80-99 | 100 |
8 days or less | 40-60 | 50 |
| 20-40, 60-80 | 100 |
| 1-20, 80-99 | 200 |
35 days or less | 40-60 | 100 |
| 20-40, 60-80 | 200 |
| 1-20, 80-99 | 500 |
More than 35 days | 40-60 | 200 |
| 20-40, 60-80 | 500 |
| 1-20, 80-99 | 1000 |
Bitcoin (BTC)
Time to Expiry | Delta | Increments ($) |
1 day or less | 40-60 | 500 |
| 20-40, 60-80 | 1000 |
| 1-20, 80-99 | 2000 |
8 days or less | 40-60 | 1000 |
| 20-40, 60-80 | 2000 |
| 1-20, 80-99 | 5000 |
35 days or less | 40-60 | 2000 |
| 20-40, 60-80 | 5000 |
| 1-20, 80-99 | 10000 |
More than 35 days | 40-60 | 5000 |
| 20-40, 60-80 | 10000 |
| 1-20, 80-99 | 20000 |