crypto-derivatives

Analyze OKX and Deribit funding rates, basis, and option volatility for arbitrage signals.

Updated Apr 9, 2026
One-click install
npx skills add https://github.com/JacobHsu/vibe-trading-agent --skill crypto-derivatives-jacobhsu
Or copy as Structured Prompt for Agent
Please help me install this Agent Skill.
Skill: crypto-derivatives
Source: https://github.com/JacobHsu/vibe-trading-agent/tree/main/agent/src/skills/crypto-derivatives
Command: npx skills add https://github.com/JacobHsu/vibe-trading-agent --skill crypto-derivatives-jacobhsu

SYSTEM DOCUMENTATION & REQUIREMENTS

What problem does it solve?

This Skill decodes complex crypto-derivatives markets so researchers and traders can identify arbitrage opportunities and volatility trades without manually piecing together funding rates, term structures, and option Greeks.

Core Features & Use Cases

  • Funding-rate arbitrage insights: Explains how perpetual funding flows create carry trades, when to go long spot versus short perpetuals, and the risk controls around leverage, margin, and exposure caps.
  • Term-structure and calendar strategies: Calculates basis, contango/backwardation regimes, and suggests cash-and-carry, calendar spread, or reverse strategies depending on futures curves.
  • Options and volatility playbook: Summarizes Greeks, skew indicators, and strategies like short straddles, protective puts, iron butterflies, and volatility arbitrage with IV thresholds for BTC and ETH.
  • Use Case: When OKX funding rates spike and BTC IV is elevated, use this Skill to decide between positive carry arbitrage, short volatility, or switching to calendar spreads.

Quick Start

Ask the skill to analyze current OKX funding rates and Deribit volatility for actionable arbitrage signals.

Frequently Asked Questions about crypto-derivatives

High-intent search queries and answers about installing and using this skill.

FAQPage Schema
How do perpetual funding rates create crypto arbitrage opportunities on OKX?

Crypto funding rate arbitrage involves capturing carry trades by holding long spot and short perpetual positions when funding rates spike on OKX. This Skill identifies positive carry setups and provides leverage and margin risk controls.

What is a futures term-structure basis and how do I trade contango or backwardation?

Futures term-structure basis is the price spread between contracts of different expirations. This Skill calculates contango and backwardation regimes to suggest cash-and-carry or calendar spread strategies based on the current futures curve.

How do I use BTC and ETH options volatility skew for short straddles or iron butterflies?

You use implied volatility thresholds and skew indicators to structure short straddles, protective puts, or iron butterflies on Deribit. This Skill summarizes Greeks and volatility arbitrage strategies for elevated BTC or ETH implied volatility.

Can I backtest crypto derivatives trading signals across OKX and Deribit?

Yes, you can backtest crypto derivatives signals across OKX and Deribit. This Skill delivers funding rate signals, basis metrics, and quick-start reporting templates specifically designed for backtest research workflows.

What risk guidelines should I follow when executing perpetual funding arbitrage?

You should follow risk guidelines around leverage limits, margin requirements, and exposure caps when executing perpetual funding arbitrage. This Skill provides these risk controls to manage carry trade exposure safely.