Real-time cross-exchange options arbitrage detection

Unified options analytics across Deribit, OKX, Bybit, and Coincall with sub-second latency for quantitative funds executing volatility strategies

The Real Problems We Solve

Cross-venue IV Curve Dislocation Blind Spots

The Pain:

Even veteran desks can't see the entire volatility surface across exchanges in real time. Deribit's skew diverges from Bybit's midcurve while OKX posts stale chains. No tool shows the normalized, real-time, interpolated IV curve across all venues in one place.

Entropiv Solves It:

Unified live IV surface modeling from four exchanges with greeks interpolation and anomaly detection.

Risk Reversal and Skew Arbitrage Signal Decay

The Pain:

By the time a trader identifies a profitable risk reversal (e.g., long 25D put / short 25D call) on one exchange vs another, the edge is gone. Tools like Genesis Volatility are 5–15 minutes late.

Entropiv Solves It:

Real-time risk reversal differentials across venues with millisecond resolution — not a charting tool, but a trading edge detector.

Synthetic Spot Mispricing and Misestimated Greeks

The Pain:

Traders relying on option-derived synthetic spot often misestimate greeks when funding or spot slippage distorts it — especially on lower liquidity CEXs like Coincall or Bybit.

Entropiv Solves It:

Dynamic synthetic spot model using VWAP-adjusted price, not midmark alone, correcting delta and IV model accuracy in real-time.

No Real Cross-Exchange Volatility Arbitrage Monitor

The Pain:

Most traders run their own janky Python scripts to track spread trades like: (Long 0.3 delta call on OKX, short 0.3 delta call on Deribit) But latency, format, and API inconsistency ruin reliability.

Entropiv Solves It:

Direct module for building and monitoring cross-venue vol arb legs with auto-calculated edge, latency-adjusted.

Low-Liquidity Strike Alerting (Unlisted Options Edge)

The Pain:

Some exchanges list strikes faster than others. There's alpha in being first to detect and price a new strike or expiry, especially in altcoins.

Entropiv Solves It:

Instant detection of new strikes, expiries, and OI creation across supported venues.

Volatility Clustering and Event Drift Detection

The Pain:

Human traders often fail to detect early signs of realized vol divergence in low-volume underlyings — until it's too late to reposition gamma.

Entropiv Solves It:

Machine-learned detection of abnormal vol clustering and projected kurtosis drift, per instrument.

Built for Sophisticated Capital

Quantitative Crypto Hedge Funds

Executing cross-exchange volatility arbitrage with real capital deployment requirements

Options Market Makers

Operating on Deribit, OKX, Bybit, and Coincall seeking cross-venue pricing inefficiencies

Independent Volatility Quants

Seeking intraday IV skew exploitability with execution-grade precision and speed

Institutional Trading Desks

Requiring real-time market microstructure visibility for systematic volatility strategies

What Entropiv Actually Does

01

Live Data Ingestion

Ingests live options chains and spot feeds across Deribit, OKX, Bybit, and Coincall with sub-second latency

02

Data Normalization

Normalizes disparate formats and greeks into a unified, queryable format for cross-exchange comparison

03

Anomaly Detection

Identifies IV inefficiencies, pricing divergences, skew anomalies, and real-time arbitrage routes

Core Detection Capabilities

Implied volatility inefficiencies
Cross-exchange pricing divergence
Skew and kurtosis anomalies
Real-time arbitrage routes

Technical Differentiators

Sub-Second Latency

Real-time data pipeline engineered for institutional-grade speed requirements

Unified Modeling Layer

Proprietary IV surface comparison engine normalizing exchange-specific calculations

Anomaly Detection

In-house algorithms tuned specifically for short-lived crypto options mispricings

API-First Architecture

Portable integration designed for fund infrastructure and automated execution systems

Launch Timeline

Alpha Launch - Mid-October 2025

Invite-only cohort of 20 active quantitative funds and select solo practitioners

Beta Release - Q1 2026

Expanded access with additional exchange integrations and enhanced analytics suite

Join the Alpha Cohort

Limited to 20 institutional participants. Priority given to funds with active options trading operations.

Include fund AUM, current options volume, and primary exchanges in follow-up

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