Deribit Lowani - Deribit Malawi - Deribit Malaŵi

Momwe Mungalowemo ndikuyamba kugulitsa Crypto ku Deribit


Momwe Mungalowetse ku Deribit

Momwe mungalowetsere akaunti ya Deribit【PC】

  1. Pitani ku Webusayiti ya Deribit .
  2. Lowetsani "Imelo Adilesi" yanu ndi "Achinsinsi".
  3. Dinani pa "Log in" batani.
  4. Ngati mwaiwala mawu achinsinsi, dinani "Mwayiwala mawu anu achinsinsi?".
Momwe Mungalowemo ndikuyamba kugulitsa Crypto ku Deribit
Pa Lowani patsamba, lowetsani [Imelo Adilesi] yanu ndi mawu achinsinsi omwe mudatchula polembetsa. Dinani "Log in" batani.

Tsopano mutha kugwiritsa ntchito bwino akaunti yanu ya Deribit kuchita malonda.
Momwe Mungalowemo ndikuyamba kugulitsa Crypto ku Deribit


Momwe mungalowetsere akaunti ya Deribit【APP】

Tsegulani Deribit App yomwe mudatsitsa, dinani "Add Account" pakona yakumanja kwa Lowani tsamba.
Momwe Mungalowemo ndikuyamba kugulitsa Crypto ku Deribit
Pa Log in page, mutha kulowa kudzera pa "QR Code" kapena "API Credentials".
Momwe Mungalowemo ndikuyamba kugulitsa Crypto ku Deribit
Lowani kudzera pa "QR Code": Pitani ku Akaunti - Api. Yang'anani kuti mutsegule API ndikusanthula khodi ya QR.
Momwe Mungalowemo ndikuyamba kugulitsa Crypto ku Deribit
Momwe Mungalowemo ndikuyamba kugulitsa Crypto ku Deribit
Lowani kudzera pa "Zidziwitso za API": Pitani ku Akaunti - Api. Yang'anani kuti mutsegule API ndikulowetsa kiyi yolowera ndi chinsinsi chofikira.
Momwe Mungalowemo ndikuyamba kugulitsa Crypto ku Deribit
Tsopano mutha kugwiritsa ntchito bwino akaunti yanu ya Deribit kuchita malonda

Mwayiwala Mawu Achinsinsi a Deribit

Osadandaula ngati simungathe kulowa papulatifomu, mutha kungolowetsa mawu achinsinsi olakwika. Mutha kubwera ndi yatsopano.

Kuti muchite izi, dinani "Mwayiwala mawu achinsinsi?".
Momwe Mungalowemo ndikuyamba kugulitsa Crypto ku Deribit
Pazenera latsopano, lowetsani Imelo yomwe mudagwiritsa ntchito polembetsa ndikudina batani la "Submit".
Momwe Mungalowemo ndikuyamba kugulitsa Crypto ku Deribit
Mudzalandira imelo yokhala ndi ulalo woti musinthe mawu achinsinsi nthawi yomweyo.

Gawo lovuta kwambiri latha, tikulonjeza! Tsopano ingopitani ku bokosi lanu, tsegulani imelo, ndikudina ulalo womwe wawonetsedwa mu imeloyi kuti mumalize mawu achinsinsi obwezeretsa.
Momwe Mungalowemo ndikuyamba kugulitsa Crypto ku Deribit
Ulalo wochokera ku imeloyo udzakufikitsani ku gawo lapadera patsamba la Deribit. Lowetsani mawu achinsinsi anu atsopano apa ndikudina batani la "Submit".
Momwe Mungalowemo ndikuyamba kugulitsa Crypto ku Deribit
Ndichoncho! Tsopano mutha kulowa mu nsanja ya Deribit pogwiritsa ntchito dzina lanu lolowera ndi mawu achinsinsi atsopano.

Momwe Mungagulitsire Crypto ku Deribit

Tsogolo


Bitcoin Futures pa Deribit ndi ndalama zomwe zathetsedwa m'malo mokhazikika ndi BTC. Izi zikutanthauza kuti pakukhazikika, wogula BTC Futures sadzagula BTC yeniyeni, kapena wogulitsa sangagulitse BTC. Padzakhala kokha kusamutsidwa kwa zotayika / zopindula pakutha kwa mgwirizano, kutengera mtengo wotsiriza (wowerengedwa ngati wotsiriza wa mphindi 30 wa chiwerengero cha mtengo wa BTC).

Zotsatira za Contract BTC

Katundu Wapansi / Ticker Deribit BTC Index
Mgwirizano 1 USD pa Index Point, ndi kukula kwa mgwirizano USD 10
Maola Ogulitsa 24/7
Kukula Kochepa Kwambiri mtengo 0.50 USD
Kukhazikika Kukhazikika kumachitika tsiku lililonse nthawi ya 8:00 UTC. Phindu lozindikirika komanso losakwaniritsidwa (phindu lopangidwa pakati pa malo okhala) nthawi zonse limawonjezedwa munthawi yeniyeni ku chilungamo. Komabe, amangopezeka kuti achotsedwe pambuyo pa kutha kwa tsiku ndi tsiku. Pakutha, phindu/zotayika za gawoli zidzasungidwa ku ndalama za BTC.
Madeti Otha Ntchito Kutha ntchito kumachitika nthawi zonse 08:00 UTC, Lachisanu lomaliza la mweziwo.
Kukula kwa Mgwirizano 10 USD
Mark Price Mtengo wa chizindikiro ndi mtengo umene mgwirizano wamtsogolo udzayesedwa pa nthawi ya malonda. Izi zitha (kwakanthawi) kusiyana ndi mtengo weniweni wamsika wamtsogolo kuti ziteteze otenga nawo gawo ku malonda achinyengo.

Mark Price = Index mtengo + 30 masekondi EMA wa (Futures Market Price - Index Price).

Mtengo wamsika ndi mtengo wamtsogolo wogulitsidwa ngati ugwera pakati pa zotsatsa zomwe zilipo komanso kufunsa kwabwino. Kupanda kutero, ngati mtengo wogulitsidwa womaliza uli wotsika ndiye mtengo wabwino kwambiri, mtengo wamsika udzakhala wabwino kwambiri. Ngati mtengo wogulitsidwa womaliza uli wapamwamba kuposa wofunsa bwino, mtengo wamsika ukhala wofunsa bwino kwambiri.
Kutumiza/Kutha ntchito Lachisanu, 08:00 UTC.
Mtengo wotumizira Avereji yolemedwa ndi nthawi ya Deribit BTC index, monga momwe amayezera pakati pa 07:30 ndi 08:00 UTC.
Njira Yobweretsera Kusintha ndalama BTC.
Malipiro Yang'anani tsambali kuti mupeze ndalama za Deribit .
Position Limit Udindo waukulu wololedwa ndi makontrakitala a 1,000,000 (USD 10,000,000). Ogwiritsa ntchito malire amachotsedwa pamlingo uwu ndipo akhoza kupanga maudindo akuluakulu. Pakufunsidwa, malire a malo akhoza kuonjezedwa kutengera kuwunika kwa akaunti.
Mtsinje Woyamba Malire oyambilira akuyamba ndi 1.0% (100x zopezera malonda) ndipo linearly amawonjezeka ndi 0.5% pa 100 BTC kuwonjezeka kukula udindo.

Malire oyambira = 1% + (Kukula kwa Udindo mu BTC) * 0.005%
Maintenance Margin Mphepete yokonza imayamba ndi 0.525% ndipo motsatira amawonjezeka ndi 0,5% pa 100 BTC kuwonjezeka kwa malo.

Pamene malire a akauntiyo ali otsika kuposa malire okonzekera, malo omwe ali muakaunti adzachepetsedwa mochulukira kuti mulingo wokonzekera ukhale wotsika kuposa momwe mu akauntiyo. Zofunikira zosamalira malire zitha kusinthidwa popanda chidziwitso choyambirira ngati zochitika za msika zikufuna kuchitapo kanthu.

Maintenance Margin = 0.525% + (PositionSize mu BTC) * 0.005%
Block Trade Ochepera USD 200,000

Zolemba za Contract ETH

Katundu Wapansi / Ticker Deribit ETH index
Mgwirizano 1 USD pa Index Point, ndi kukula kwa mgwirizano USD 1
Maola Ogulitsa 24/7
Kukula Kochepa Kwambiri mtengo 0.05 Dollar US
Kukhazikika Kukhazikika kumachitika tsiku lililonse nthawi ya 8:00 UTC. Phindu lodziwika komanso losakwaniritsidwa (phindu lopangidwa pakati pa malo okhala) nthawi zonse limawonjezeredwa mu nthawi yeniyeni ku mgwirizano, komabe, amapezeka kuti achotsedwe pambuyo pa kukhazikitsidwa kwa tsiku ndi tsiku. Pakutha, phindu/zotayika za gawoli zidzasungidwa ku ndalama za ETH.
Madeti Otha Ntchito Kutha ntchito kumachitika nthawi zonse 08:00 UTC, Lachisanu lomaliza la mweziwo.
Kukula kwa Mgwirizano 1 USD
Mtsinje Woyamba Malire oyambira amayamba ndi 2.0% (50x leverage trading) ndipo motsatizana amawonjezeka ndi 1.0% pa 5,000 ETH kuwonjezeka kukula kwa malo.

Malire oyambira = 2% + (Kukula kwa Udindo mu ETH) * 0.0002%
Maintenance Margin Mphepete yokonza imayamba ndi 1.0 % ndipo motsatira imawonjezeka ndi 1.0% pa 5,000 ETH yowonjezera kukula kwa malo.
Mark Price Mtengo wa chizindikiro ndi mtengo umene mgwirizano wamtsogolo udzayesedwa pa nthawi ya malonda. Izi zitha (kwakanthawi) kusiyana ndi mtengo weniweni wamsika wamtsogolo kuti ziteteze otenga nawo gawo ku malonda achinyengo.

Mark Price = Index mtengo + 30 seconds EMA wa (Futures Market Price - Index Price)

Mtengo wamsika ndi mtengo wotsiriza wogulitsidwa wamtsogolo ngati ugwera pakati pa zomwe zilipo panopa ndi kufunsa kwabwino.

Kupanda kutero, ngati mtengo wogulitsidwa womaliza uli wotsika ndiye mtengo wabwino kwambiri, mtengo wamsika udzakhala wabwino kwambiri. Ngati mtengo wogulitsidwa womaliza uli wapamwamba kuposa wofunsa bwino, mtengo wamsika ukhala wofunsa bwino kwambiri.
Kutumiza/Kutha ntchito Lachisanu, 08:00 UTC.
Mtengo wotumizira Avereji yolemedwa ndi nthawi ya Deribit ETH index monga momwe amayezera pakati pa 07:30 ndi 08:00 UTC.
Njira Yobweretsera Kusintha kwa mtengo wa ETH.
Malipiro Yang'anani tsambali kuti mupeze ndalama za Deribit .
Position Limit Udindo waukulu wololedwa ndi makontrakitala 5,000,000 (USD 5,000,000). Ogwiritsa ntchito malire amachotsedwa pamlingo uwu ndipo akhoza kupanga maudindo akuluakulu. Pakufunsidwa, malire a malo akhoza kuonjezedwa kutengera kuwunika kwa akaunti.
Block Trade Ochepera USD 100,000

Zitsanzo za Malire Oyamba:
BTC Udindo kukula Maintenance Margin Mphepete mwa BTC
0 1% + 0 = 1% 0
25 1% + 25/100 * 0.5% = 1.125% 0.28125
350 1% + 350/100 * 0.5% = 2.75% 9.625

Zitsanzo za Margin Yosamalira:
BTC Udindo kukula Maintenance Margin Mphepete mwa BTC
0 0.525% 0
25 0.525% + 25 * 0.005% = 0.65% 0.1625
350 0.525% + 350 * 0.005% = 2.275% 7.9625


Chitsanzo:
Kuti mumvetse bwino momwe makontrakitala am'tsogolo amagwirira ntchito pa Deribit, pansipa pali chitsanzo:

Wogulitsa amagula mapangano amtsogolo a 100 (kukula kwa mgwirizano wamtsogolo ndi 10 USD), pa 10,000 USD pa BTC. Wogulitsayo tsopano ndi wautali (kugula) 1,000 USD mtengo wa BTC ndi mtengo wa 10,000 USD (100 contracts x 10 USD = 1,000 USD).
  • Tiyerekeze kuti wogulitsa akufuna kutseka malowa ndikugulitsa mapanganowa pamtengo wa 12,000 USD. Muzochitika izi, wochita malondayo adavomereza kugula ma bitcoins a 1,000 USD pa 10,000 USD, ndipo kenako anagulitsa 1,000 USD yamtengo wapatali ya BTC kwa 12,000 USD / BTC.
  • Amalonda amapindula ndi 1,000 / 10,000 - 1,000 / 12,000 = 0.01666 BTC kapena 200 USD, ndi BTC mtengo wa 12,000 USD.
  • Ngati malamulo onsewo anali oyitanitsa, ndalama zonse zomwe zimaperekedwa paulendowu zikanakhala 2 * 0.075% ya 1,000 USD = 1.5 USD (debited mu BTC, kotero 0.75 / 10,000 BTC + 0.75 / 12,000 BTC = 0.0000075 + 0.000075 + 0.500075 + 0.50 0.
  • Mphepete mwazomwe zimafunika kuti mugule 1,000 USD yamtengo wapatali wa mgwirizano wa BTC ndi 10 USD (1% ya 1,000 USD) ndipo motero ikufanana ndi 10 / 10,000 BTC = 0.001 BTC. Zofunikira zam'mphepete zimawonjezeka ngati peresenti ya malo, ndi mlingo wa 0,5% pa 100 BTC.

Mark Price

Powerengera phindu lomwe silinakwaniritsidwe ndi kutayika kwa makontrakitala am'tsogolo, sikuti nthawi zonse mtengo wogulitsidwa wamtsogolo umagwiritsidwa ntchito.
Kuti tiwerengere mtengo wamtengo wapatali, choyamba, tiyenera kuwerengera EMA yachiwiri ya 30 (chiwerengero chosuntha chachidziwitso) cha kusiyana pakati pa mtengo wogulitsidwa womaliza (kapena mtengo wabwino kwambiri / funsani pamene mtengo wogulitsidwa wotsiriza ukugwera kunja kwa malonda omwe alipo panopa) ndi Deribit Index.
  • Mtengo wa chizindikiro umawerengedwa motere:
Index Price + masekondi 30 EMA wa (Mtengo Wogulitsa Womaliza - Deribit Index)
  • Komanso, pali malire a momwe kufalikira kwachangu pakati pa Deribit BTC Index ndi mtengo wamtsogolo wogulitsidwa ungasinthe:

Mtundu wamalonda umachepa ndi bandwidth ya 3% kuzungulira 2 mphindi EMA ya mtengo wamtengo wapatali ndi kusiyana kwa mtengo wa index (+/- 1.5%).

Mtengo wamtengo wapatali wa bandwidth ukuwonetsedwa mu fomu ya dongosolo lamtsogolo lomwe likuwonetsa zochepa zomwe zilipo komanso mtengo wovomerezeka wamalonda (pamwamba pa mtengo wamtengo wapatali).

Mtengo wa chizindikiro sungakhale wosiyana ndi % inayake kuchokera ku Deribit Index. Mwachikhazikitso, peresenti yomwe mtengo wamtengo umaloledwa kugulitsa kutali ndi index ndi 10% ya BTC ndi 10,5% ya ETH. Ngati msika ukufunika kugulitsa ndi kuchotsera kwakukulu kapena premium (mwachitsanzo, munthawi zosakhazikika kapena nthawi za contango zomwe zikuchulukirachulukira kapena kubwerera kumbuyo), bandwidth ikhoza kuonjezedwa.


Kuloledwa Kugulitsa Bandwidth

Mtundu wamalonda umamangidwa ndi magawo a 2:
Deribit Index + 1 mphindi EMA (Fair Price - Index) +/- 1.5% ndi bandwidth yokhazikika mozungulira Deribit Index +/- 10.0%.

Ngati msika ukufunika, magawo a bandwidth amatha kusinthidwa malinga ndi Deribit.

Malire oyitanitsa kupitilira bandwidth adzasinthidwa kukhala mtengo wokwanira wogula kapena mtengo wocheperako womwe ungagulitse. Maoda amsika adzasinthidwa kuti achepetse maoda ndi mtengo wocheperako kapena wokwera wololedwa panthawiyo

Zosatha

Deribit Perpetual ndi chinthu chochokera ku mtsogolo, komabe, popanda tsiku lotha ntchito. Mgwirizano wanthawi zonse umakhala ndi malipiro andalama. Malipirowa adayambitsidwa kuti mtengo wa mgwirizano wanthawi zonse ukhale pafupi kwambiri ndi mtengo wa crypto - Deribit BTC Index. Ngati mgwirizano wanthawi zonse umagulitsa pamtengo wapamwamba kusiyana ndi ndondomeko, amalonda omwe ali ndi maudindo aatali ayenera kupereka malipiro a ndalama kwa amalonda omwe ali ndi malo ochepa. Izi zipangitsa kuti malondawo asakhale owoneka bwino kwa omwe ali ndi malo aatali komanso owoneka bwino kwa omwe ali ndi malo achidule. Izi pambuyo pake zidzapangitsa kuti mtengo wamuyaya ugulitse mogwirizana ndi mtengo wa index. Ngati malonda osatha agulitsa pamtengo wotsika kuposa index, omwe ali ndi maudindo amfupi ayenera kulipira omwe ali ndi maudindo autali.

Mgwirizano wanthawi zonse wa Deribit uli ndi kuyeza kosalekeza kwa kusiyana pakati pa mtengo wamtengo wapatali wa mgwirizano ndi Deribit BTC Index. Kusiyana kwa maperesenti pakati pa mitengo iwiriyi ndi maziko a ndalama za maola 8 zomwe zimagwiritsidwa ntchito pamakontrakitala osatha.

Malipiro andalama amawerengedwa millisecond iliyonse. Ndalama zomwe zaperekedwa zidzawonjezedwa kapena kuchotsedwa ku akaunti ya PNL, yomwe ilinso gawo la ndalama zomwe zilipo. Pakutha kwa tsiku ndi tsiku, PNL yozindikira idzasunthidwa kupita kapena kuchokera ku ndalama zomwe zingachotsedwe.

Ndalama zonse zomwe zaperekedwa zidzawonetsedwa mu mbiri yamalonda mu gawo la "ndalama". Chigawochi chikuwonetsa ndalama zomwe zimagwiritsidwa ntchito kwa ogulitsa malonda onse mu nthawi yapakati pa malonda oyenera ndi malonda asanafike. Ikani mosiyana: wogulitsa akhoza kuwona ndalama zomwe zaperekedwa kapena kulandiridwa pa malo pakati pa kusintha kwa malo.
Momwe Mungalowemo ndikuyamba kugulitsa Crypto ku Deribit
Momwe Mungalowemo ndikuyamba kugulitsa Crypto ku Deribit
Momwe Mungalowemo ndikuyamba kugulitsa Crypto ku Deribit


Zotsatira za Contract BTC

Katundu Wapansi / Ticker Deribit BTC Index
Mgwirizano 1 USD pa Index Point, ndi kukula kwa mgwirizano USD 10
Maola Ogulitsa 24/7
Kukula Kochepa Kwambiri mtengo 0.50 USD
Kukhazikika Kukhazikika kumachitika tsiku lililonse nthawi ya 8:00 UTC. Phindu lozindikirika komanso losakwaniritsidwa (phindu lopangidwa pakati pa malo okhala) nthawi zonse limawonjezedwa munthawi yeniyeni ku chilungamo. Komabe, amangopezeka kuti achotsedwe pambuyo pa kutha kwa tsiku ndi tsiku. Pakutha, phindu/zotayika za gawoli zidzasungidwa ku ndalama za BTC.
Kukula kwa Mgwirizano 10 USD
Mtsinje Woyamba Malire oyambira akuyamba ndi 1.0% (100x zopezera malonda) ndipo linearly amawonjezeka ndi 0,5% pa 100 BTC kuwonjezeka kukula udindo.

Malire oyambira = 1% + (Kukula kwa Udindo mu BTC) * 0.005%
Maintenance Margin Mphepete yokonza imayamba ndi 0.525% ndipo motsatira imawonjezeka ndi 0,5% pa 100 BTC kuwonjezeka kwa kukula kwa malo. Ngati malire a maakaunti ali otsika kuposa momwe amakonzera, maudindo muakaunti adzachepetsedwa mochulukira kuti mulingo wokonzekera ukhale wotsika kuposa momwe mu akauntiyo. Zofunikira zosamalira malire zitha kusinthidwa popanda chidziwitso choyambirira ngati zochitika za msika zikufuna kuchitapo kanthu.

Maintenance Margin = 0.525% + (Malo Kukula mu BTC) * 0.005%
Mark Price Mtengo wa chizindikiro ndi mtengo umene mgwirizano wamuyaya udzayesedwa pa nthawi ya malonda. Izi zitha (kwakanthawi) kusiyana ndi mtengo weniweni wamsika wanthawi zonse kuti ziteteze otenga nawo gawo ku malonda achinyengo.

Mark Price = Index price + 30 seconds EMA of (Perpetual Market Price - Index Price)

Komwe mtengo wamsika uli mtengo womaliza wogulitsidwa wamtsogolo ngati ugwera pakati pa kutsatsa kwaposachedwa ndikufunsa bwino. Apo ayi, mtengo wamsika udzakhala wabwino kwambiri. Ngati mtengo wogulitsidwa wotsiriza uli wotsika kuposa mtengo wabwino kwambiri, kapena mtengo wamsika udzakhala wofunsa bwino, ngati mtengo wogulitsidwa wotsiriza uli wapamwamba kusiyana ndi kufunsa bwino.
Kutumiza/Kutha ntchito Palibe Kutumiza / Kutha Ntchito
Malipiro Yang'anani tsambali kuti mupeze ndalama za Deribit .
Position Limit Udindo waukulu wololedwa ndi makontrakitala 1,000,000 (USD 10,000,000). Ogwiritsa ntchito malire amachotsedwa pamlingo uwu ndipo akhoza kupanga maudindo akuluakulu. Pakufunsidwa, malire a malo akhoza kukwezedwa kutengera kuwunika kwa akaunti.


Zolemba za Contract ETH

Katundu Wapansi / Ticker Deribit ETH index
Mgwirizano 1 USD pa Index Point, ndi kukula kwa mgwirizano USD 1
Maola Ogulitsa 24/7
Kukula Kochepa Kwambiri mtengo 0.05 Dollar US
Kukhazikika Kukhazikika kumachitika tsiku lililonse nthawi ya 8:00 UTC. Phindu lodziwika komanso losakwaniritsidwa (phindu lopangidwa pakati pa malo okhala) nthawi zonse limawonjezeredwa mu nthawi yeniyeni ku mgwirizano, komabe, amapezeka kuti achotsedwe pambuyo pa kukhazikitsidwa kwa tsiku ndi tsiku. Pakutha, phindu/zotayika za gawoli zidzasungidwa ku ndalama za ETH.
Kukula kwa Mgwirizano 1 USD
Mtsinje Woyamba Malire oyambira amayamba ndi 2.0% (50x leverage trading) ndipo motsatizana amawonjezeka ndi 1% pa 5,000 ETH kuwonjezeka kwa malo.

Malire oyambira = 2% + (Kukula kwa Udindo mu ETH) * 0.0002%
Maintenance Margin Mphepete yokonza imayamba ndi 1% ndipo mzere umawonjezeka ndi 1% pa 5,000 ETH kuwonjezeka kwa kukula kwa malo.
Mark Price Mtengo wa chizindikiro ndi mtengo umene mgwirizano wamuyaya udzayesedwa pa nthawi ya malonda. Izi zitha (kwakanthawi) kusiyana ndi mtengo weniweni wamsika wanthawi zonse kuti ziteteze otenga nawo gawo ku malonda achinyengo.

Mark Price = Mtengo wa Index + 30 masekondi EMA wa (Perpetual Fair Price - Index Price)

Mtengo wamtengo wapatali wanthawi zonse ndi mtengo wamtengo wapatali ndikufunsa mtengo wa 1 ETH kukula kwa dongosolo.
Kutumiza/Kutha ntchito Palibe Kutumiza / Kutha Ntchito
Malipiro Yang'anani tsambali kuti mupeze ndalama za Deribit .
Position Limit Udindo waukulu wololedwa ndi makontrakitala 10,000,000 (USD 10,000,000). Ogwiritsa ntchito malire amachotsedwa pamlingo uwu ndipo akhoza kupanga maudindo akuluakulu. Pakufunsidwa, malire a malo akhoza kukwezedwa kutengera kuwunika kwa akaunti.

Zitsanzo za Malire Oyamba:
BTC Udindo kukula Maintenance Margin Mphepete mwa BTC
0 1% + 0 = 1% 0
25 1% + 25/100 * 0.5% = 1.125% 0.28125
350 1% + 350/100 * 0.5% = 2.75% 9.625

Zitsanzo za Margin Yosamalira:
BTC Udindo kukula Maintenance Margin Mphepete mwa BTC
0 0.525% 0
25 0.525% + 25 * 0.005% = 0.65% 0.1625
350 0.525% + 350 * 0.005% = 2.275% 7.9625


Mlingo wandalama

Ngati ndalama zandalama zili zabwino, omwe ali ndi maudindo aatali amapereka ndalama kwa omwe ali ndi maudindo ochepa; pamene ndalamazo zili zoipa, omwe ali ndi maudindo ochepa amapereka ndalama kwa omwe ali ndi maudindo aatali. Mlingo wandalama umawonetsedwa ngati chiwongola dzanja cha maola 8, ndipo amawerengedwa nthawi iliyonse motere:


Mtengo Wofunika

Wofunika Kwambiri = ((Mark Price - Deribit Index) / Deribit Index) * 100%


Ndalama Zothandizira

Motsatana, kuchuluka kwa ndalama. zimachokera ku mlingo wa premium pogwiritsa ntchito damper.

  • Ngati mtengo wamtengo wapatali uli mkati mwa -0.05% ndi 0.05%, ndalama zenizeni zidzachepetsedwa kufika 0.00%.
  • Ngati mtengo wamtengo wapatali ndi wotsika kuposa -0.05%, ndiye kuti ndalama zenizeni zidzakhala zopambana + 0.05%.
  • Ngati mtengo wamtengo wapatali ndi wapamwamba kuposa 0.05%, ndiye kuti ndalama zenizeni zidzakhala ndalama zowonjezera - 0.05%.
  • Kuphatikiza apo, chiwongola dzanja cha ndalama chikufikira -/+ 0.5%, chowonetsedwa ngati chiwongola dzanja cha maola 8.


Ndalama Zothandizira = Zochulukira (0.05%, Premium Rate) + Minimum (-0.05%, Premium Rate)


Time Fraction

Time Kagawo = Ndalama Zothandizira Nthawi Nthawi / maola 8

Ndalama zolipirira zenizeni zimawerengeredwa ndikuchulukitsa kuchuluka kwa ndalama ndi kukula kwa malo ndi gawo la nthawi.

Kulipira Kwandalama = Mtengo Wandalama * Kukula Kwa Udindo * Gawo la Nthawi

Chitsanzo 1 Ngati mtengo wa chizindikiro uli pa USD 10,010 ndipo index ya Deribit ili pa USD 10,000, mtengo wandalama ndi mtengo wamtengo wapatali zimawerengeredwa motere: Mtengo Wofunika Kwambiri = (

(10,010 - 10,000) / 10,000) * 100% = 0.10%

Mtengo Wothandizira = Maximum (0.05%, 0.10%) + Pang'ono (-0.05%, 0.10%) = 0.10% - 0.05% = 0.05%

Tiyerekeze kuti wogulitsa ali ndi udindo wautali wa USD 10,000 (1 BTC) kwa mphindi imodzi, ndipo panthawiyi mtengo wa chizindikiro utsalira pa USD 10,010 ndipo index ya Deribit imakhalabe pa USD 10,000, pamenepa kuwerengera ndalama kwa nthawiyi ndi:

maola 8 = 480 mphindi:

Ndalama Zothandizira = 1/480 * 0.05% = 0.0001041667%

Malipiro a Ndalama = 0416% = 0. 1 BTC = 0.000001041667 BTC

Ogwira ntchito mwachidule amalandira ndalamazi ndipo omwe ali ndi udindo wautali amalipira.
Chitsanzo 2 Ngati wogulitsa asankha kukhala ndi udindo wa chitsanzo chapitacho kwa maola a 8 ndipo mtengo wamtengo wapatali ndi ndondomeko ya Deribit anakhalabe pa USD 10,010 ndi USD 10,000 kwa nthawi yonseyi, ndiye kuti ndalamazo zidzakhala 0.05%. Malipiro a ndalama amalipidwa ndi zazitali ndikulandilidwa ndi zazifupi. Kwa maola 8, ikanakhala 0.0005 BTC (kapena USD 5.00).
Chitsanzo 3 Ngati chizindikiro mtengo ndi USD 10,010 kwa mphindi 1 ndiyeno kusintha kwa USD 9,990 mphindi pambuyo Komabe, Index amakhalabe pa USD 10,000, ndiye ndalama ukonde mu mphindi 2 izi 1 BTC yaitali udindo ndendende 0 BTC.
Pambuyo pa mphindi yoyamba, wochita malonda amalipira 1/480 * 0.05% = 0.0001041667% * 1 BTC = 0.000001041667 BTC, komabe, patangopita mphindi zochepa, wogulitsa adzalandira ndalama zomwezo.
Chitsanzo 4 Mtengo wa chizindikiro ndi USD 10,002, ndipo Index imakhalabe pa USD 10,000.

Pamenepa, ndalama zenizeni zenizeni ndi ziro (0.00%) chifukwa mtengo wa chizindikiro uli mkati mwa 0.05% kuchokera pamtengo wa ndondomeko (mkati mwa USD 9,990 ndi USD 10,010).

Izi zitha kuwonedwa pogwiritsa ntchito ma premium rate ndi ma formula a ndalama:

Premium Rate = ((10,002 - 10,000) / 10,000) * 100% = 0.02%

Funding Rate = Maximum (0.05%, Premium Rate) + Minimum (-0.05%), Mtengo Wofunika) = 0.05% - 0.05% = 0.00%

Zoonadi, kufalikira kwa Deribit BTC Index ndi mtengo wamtengo wapatali umasintha mosalekeza, ndipo zosintha zonse zimaganiziridwa. Choncho, zitsanzo zili pamwambazi ndizosavuta kwambiri za mawerengedwe enieni. Ndalama zolipiridwa kapena zolandilidwa zimaonjezedwa mosalekeza ku PNL yomwe ikupezeka ndipo imasamutsidwa kupita kapena kuchokera ku ndalama zomwe zatsala tsiku lililonse, nthawi ya 08:00 UTC.


Fees pa Funding

Deribit salipira chindapusa chilichonse pandalama. Ndalama zonse zolipirira ndalama zimasamutsidwa pakati pa omwe ali ndi mapangano osatha. Izi zimapangitsa kuti ndalamazo zikhale masewera a zero-sum-sum, pomwe zazitali zimalandira ndalama zonse kuchokera ku zazifupi, kapena zazifupi zimalandira ndalama zonse kuchokera ku zazitali.


Mtengo wa Mark

Ndikofunikira kumvetsetsa momwe mtengo wamakiyi umawerengedwera. Timayamba ndi kusankha "Fair Price". Mtengo wabwino umawerengeredwa ngati avareji ya zomwe zingakhudze komanso zotsatira zake zimafunsidwa.
Chiwongoladzanja chokwanira ndi mtengo wamtengo wapatali wa 1 BTC msika wogulitsa kapena mtengo wabwino kwambiri - 0.1%, iliyonse yomwe ili ndi mtengo waukulu.

The Fair Impact Ask ndi mtengo wamtengo wapatali wa 1 BTC wogula msika kapena mtengo wofunsa bwino + 0.1%, uliwonse uli ndi mtengo wotsika.
  • Mtengo Wabwino = (Fair Impact Bid + Fair Impact Ask) / 2

Mtengo wa chizindikiro umachokera ku Deribit Index ndi mtengo wake, powonjezera ku Deribit Index the 30 second exponential move average (EMA) ya Fair Price - Deribit Index.
  • Mark Price = Deribit Index + 30 second EMA (Fair Price - Deribit Index)

Kuonjezera apo, mtengo wamtengo wapatali ndi wovuta kwambiri ndi Deribit Index +/- 0.5%, kotero popanda vuto lililonse, mtengo wamtengo wapatali wamtsogolo ukhoza kusuntha kuposa 0.5% kuchokera ku Deribit Index.

Kugulitsa kunja kwa bandwidth iyi kumaloledwabe.

EMA yachiwiri ya 30 imawerengedwanso sekondi iliyonse, kotero palimodzi, pali nthawi 30 pomwe kuyeza kwa sekondi yaposachedwa kumakhala ndi kulemera kwa 2 / (30 + 1) = 0.0645 kapena (6.45%).


Bandwidth Yololedwa Yogulitsa

Magawo awiri amamangirira malonda:

Malonda osatha amakhala ochepa ndi Deribit Index + 1 mphindi EMA (Fair Price - Index) +/- 1.5%, ndi bandwidth yokhazikika ya Deribit Index ya +/- 7.5%.

Ngati msika ukufunika, magawo a bandwidth amatha kusinthidwa malinga ndi Deribit.

Zosankha

Deribit imapereka njira zaku Europe zokhazikika ndi ndalama

Zosankha zamayendedwe aku Europe zimangogwiritsidwa ntchito ikatha ndipo sizingachitike. Pa Deribit, izi zichitika zokha.

Kubweza ndalama kumatanthawuza kuti pamapeto pake, wolemba mgwirizano wa zosankha adzalipira phindu lililonse chifukwa cha mwiniwakeyo, m'malo motumiza katundu uliwonse.

Zosankhazo zimagulidwa mu BTC kapena ETH. Komabe, mtengo wofunikira ukhoza kuwonedwanso mu USD. Mtengo wa USD umatsimikiziridwa pogwiritsa ntchito mitengo yam'tsogolo. Kuonjezera apo, kusinthasintha kwa mtengo wamtengo wapatali kumawonetsedwanso papulatifomu.

Njira yoyimbira foni ndi ufulu wogula 1 BTC pamtengo wina wake (mtengo wogawika), ndipo njira yoyika ndi ufulu kugulitsa 1 BTC pamtengo wina wake (mtengo wokhotakhota).

Chitsanzo 1

Wogulitsa amagula njira yoyimbira foni ndi mtengo wamtengo wapatali wa 10,000 USD kwa 0.05 BTC. Tsopano ali ndi ufulu wogula 1 BTC kwa 10,000 USD.

Pakutha, BTC Index ili pa 12,500 USD, ndipo mtengo wobweretsera ndi 12,500 USD.

Pankhaniyi, njirayo idakhazikitsidwa 2,500 USD pa 1 BTC. Pakutha, akaunti ya wogulitsa imatchedwa 0.2 BTC (2,500 / 12,500), ndipo akaunti ya wogulitsa imachotsedwa ndi 0,2 BTC. Mtengo wogula woyamba unali 0,05 BTC; choncho, phindu la wogulitsa ndi 0,15 BTC.

Njira iliyonse yoyimba ndi mtengo wochita masewera olimbitsa thupi (mtengo wogunda) pamwamba pa 12,500 USD idzatha ntchito yopanda phindu. Kugwiritsa ntchito njira zandalama kumachitika zokha pakatha. Wogulitsa sangagwiritse ntchito njirayi yekha, kapena kuigwiritsa ntchito nthawi yake isanathe.

Chitsanzo 2

Wogulitsa amagula njira yoyikapo ndi mtengo wamtengo wapatali wa 10,000 USD kwa 0.05 BTC. Tsopano ali ndi ufulu wogulitsa 1 BTC kwa 10,000 USD.

Pakutha, mtengo wotumizira ndi 5,000 USD.

Njirayi idakhazikitsidwa ku 5,000 USD, yomwe ili yofanana ndi 1 BTC (5,000 USD ya 1 BTC). Choncho, mwiniwake wa chisankhochi amatchulidwa ndi 1 BTC pamapeto pake. Mtengo wogula woyamba wa chisankhocho unali 0,05 BTC, choncho, phindu lonse la wogulitsa ndi 0,95 BTC.

Chitsanzo 3

Wogulitsa amagulitsa njira yoyika ndi mtengo wamtengo wapatali wa 10,000 USD kwa 0.05 BTC.

Mtengo wotumizira pamapeto pake ndi 10,001 USD.

Chosankhacho chimatha chachabechabe. Wogula adataya 0,05 BTC, ndipo wogulitsa adapeza 0,05 BTC.

Chitsanzo 4

Wogulitsa amagulitsa njira yoyimbira foni ndi mtengo wamtengo wapatali wa 10,000 USD kwa 0.05 BTC.

Mtengo wotumizira pamapeto pake ndi 9,999 USD.

Njira yoyitanitsa imatha kukhala yopanda phindu. Wogula adataya 0,05 BTC, ndipo wogulitsa adapeza 0,05 BTC.

Zotsatira za Contract BTC

Katundu Wapansi / Ticker

Deribit BTC Index

Chizindikiro

Chizindikiro cha mgwirizano wa zosankha chimakhala ndi Underlying asset-Tsiku lotha ntchito-Strike price-Zosankha mtundu (C - call/ P - put).

Chitsanzo :

BTC-30MAR2019-10000-C

Iyi ndi njira yoyimbira foni (C), yokhala ndi mtengo wonyanyala wa 10,000 USD, womwe utha ntchito pa Marichi 30, 2019.

Maola Ogulitsa

24/7

Chongani Kukula

0.0005 BTC

Kumenyetsa Mitengo Yodutsa

Zimatengera mtengo wa BTC. Zitha kusiyana pakati pa 250 USD ndi 5,000 USD.

Menyani Mitengo

Mitengo ya in-, at- and out of the money strike mitengo yandandalikidwa. Mitundu yatsopano nthawi zambiri imawonjezedwa pamene katundu wapansi akugulitsa pamwamba kwambiri kapena kutsika mtengo wotsikirapo womwe ulipo.

Premium quote

Pamene kutchulidwa mu BTC chiwerengero chochepa cha nkhupakupa ndi 0.0005 BTC. Zofanana ndi USD nthawi zonse zikuwonetsedwa mu tebulo la malonda, kutengera mtengo wa index wa BTC.

Madeti Otha Ntchito

Lachisanu lililonse, nthawi ya 08:00 UTC.

Zolimbitsa Thupi

Mtundu waku Europe wokhala ndi ndalama zokhazikika. Zosankha zamitundu yaku Europe zikugwiritsidwa ntchito pakutha. Izi zimachitika zokha ndipo palibe chochita kuchokera kwa wogulitsa chomwe chikufunika.

Mtengo Wokhazikika

Kugwiritsa ntchito mgwirizano wosankha kudzabweretsa kukhazikika ku BTC nthawi itatha. Mtengo wokhazikika wochita masewera olimbitsa thupi umawerengedwa pogwiritsa ntchito index ya Deribit BTC pa mphindi 30 zapitazo nthawi isanathe.

Ndalama zomwe zabwezedwa mu USD ndizofanana ndi kusiyana pakati pa mtengo wamasewera ndi mtengo womwe mwasankha. Zochita zolimbitsa thupi ndi 30 min avareji ya index ya BTC monga momwe amawerengera nthawi isanathe. Ndalama zomwe zakhazikitsidwa mu BTC zimawerengedwa pogawa kusiyana uku ndi mtengo wamasewera.

Wochulukitsa

1

Nambala yokhazikika yazosankha zamasheya ndi magawo 100. Pa Deribit palibe chochulukitsa. Mgwirizano uliwonse uli ndi 1 BTC yokha ngati chuma chapansi.

Mtsinje Woyamba

Malire oyambira amawerengedwa ngati kuchuluka kwa BTC komwe kudzasungidwa kuti atsegule malo.

Kuyimba / kuyitanira kwanthawi yayitali:

Palibe

Kuyimba mwachidule:

Kuchuluka (0.15 - Kuchuluka kwa OTM/Mtengo Wamtengo Wapatali, 0.1) + Mtengo Wosankha

Mawu achidule:

Kuchuluka (Kuchuluka Kwambiri (0.15 - Kuchuluka kwa OTM / Mtengo Woyambira, 0.1) + Mtengo wa Mtengo Wosankha, Malire Osamalira)

Maintenance Margin

Malire okonzekera amawerengedwa ngati kuchuluka kwa BTC yomwe idzasungidwe kuti ikhalebe ndi udindo.

Kuyimba / kuyitanira kwanthawi yayitali:

Palibe

Kuyimba mwachidule:

0.075 + Mark Mtengo wa Njira

Mawu achidule:

Maximum (0.075, 0.075 * Mark Price of the Option) + Mark Price of the Option

Mark Price

Chizindikiro cha mtengo wa mgwirizano wa zosankha ndi mtengo wapano wa chisankhocho monga momwe zawerengedwera ndi Deribit risk management system. Nthawi zambiri, awa ndiye avareji ya mtengo wabwino kwambiri komanso mtengo wofunsa bwino. Komabe, pazolinga zowongolera zoopsa, pali bandwidth yamtengo m'malo mwake. Nthawi iliyonse, kasamalidwe ka chiwopsezo cha Deribit amayika malire olimba mpaka ochepera komanso opitilira IV ololedwa.

Chitsanzo :

Ngati zoikamo zolimba zinali pa 60% osachepera IV ndi 90% pazipita IV, ndiye njira yokhala ndi mtengo wapakati wokhala ndi IV wokwera kuposa 90% idzakhala yotsika mtengo pa 90% IV. Njira iliyonse yokhala ndi mtengo wapakati wotsikirapo 60% IV ikhoza kugulidwa pa 60% IV. Zindikirani kuti 60% ndi 90% ndi zitsanzo chabe, ndipo mitengo yeniyeni imasiyana ndipo ili pamalingaliro a Deribit risk management.

Malipiro

Yang'anani tsambali kuti mupeze ndalama za Deribit .

Bandwidth Yololedwa Yogulitsa

Mtengo Wapamwamba (Buy Order) = Mark Price + 0.04 BTC

Min Price (Gulitsani dongosolo) = Mark Price - 0,04 BTC

Position Limit

Pakali pano, palibe malire a maudindo omwe akugwira ntchito. Malire a maudindo akhoza kusintha. Nthawi iliyonse Deribit ikhoza kuyika malire.

Kukula Kochepa Kwambiri

0.1 njira ya mgwirizano

Block Trade

Ma contract osachepera 25 omwe angasankhe

Zolemba za Contract ETH

Katundu Wapansi / Ticker

Deribit ETHIndex

Chizindikiro

Chizindikiro cha mgwirizano wa zosankha chimakhala ndi Underlying asset-Tsiku lotha ntchito-Strike price-Zosankha mtundu (C - call/ P - put).

Chitsanzo:

ETH-30MAR2019-100-C

Iyi ndi njira yoyimbira foni (C), yokhala ndi mtengo wonyanyala wa 100 USD, womwe utha ntchito pa Marichi 30, 2019.

Maola Ogulitsa

24/7

Chongani Kukula

0.0005 ETH

Kumenyetsa Mitengo Yodutsa

Zimatengera mtengo wa ETH. Zitha kusiyana pakati pa 1 USD ndi 25 USD.

Menyani Mitengo

Mitengo ya in-, at- and out of the money (OTM) idalembedwa poyambirira. Mitundu yatsopano nthawi zambiri imawonjezedwa pamene katundu wapansi akugulitsa pamwamba kwambiri kapena kutsika mtengo wotsikirapo womwe ulipo.

Premium quote

Mukapangidwa mu ETH, kukula kwa nkhupakupa ndi 0.001 ETH. Zofanana ndi USD nthawi zonse zikuwonetsedwa patebulo la malonda, kutengera mtengo wa ETH index.

Madeti Otha Ntchito

Lachisanu lililonse, nthawi ya 08:00 UTC.

Zolimbitsa Thupi

Mtundu waku Europe wokhala ndi ndalama zokhazikika. Zosankha zamitundu yaku Europe zikugwiritsidwa ntchito pakutha. Izi zimachitika zokha ndipo palibe chochita kuchokera kwa wogulitsa chomwe chikufunika.

Mtengo Wokhazikika

Kugwiritsa ntchito mgwirizano wosankha kudzabweretsa kukhazikika ku ETH nthawi ikatha. Mtengo wokhazikika wochita masewera olimbitsa thupi umawerengedwa pogwiritsa ntchito chiwerengero cha Deribit ETH pa mphindi 30 zapitazo nthawi isanathe.

Ndalama zomwe zabwezedwa mu USD ndizofanana ndi kusiyana pakati pa mtengo wamasewera ndi mtengo womwe mwasankha. Zochita zolimbitsa thupi ndi 30 min avareji ya ETH-index monga momwe amawerengera nthawi isanathe. Ndalama zomwe zakhazikitsidwa mu ETH zimawerengedwa pogawa kusiyana uku ndi mtengo wamasewera.

Wochulukitsa

1

Nambala yokhazikika yazosankha zamasheya ndi magawo 100. Pa Deribit palibe chochulukitsa. Mgwirizano uliwonse uli ndi 1 ETH yokha ngati chuma chapansi.

Mtsinje Woyamba

Malire oyambira amawerengedwa ngati kuchuluka kwa ETH komwe kudzasungidwa kuti atsegule malo.

Kuyimba / kuyitanira kwanthawi yayitali:

Palibe

Kuyimba mwachidule:

Kuchuluka (0.15 - Kuchuluka kwa OTM/Mtengo Wamtengo Wapatali, 0.1) + Mtengo Wosankha

Mawu achidule:

Kuchuluka (Kuchuluka Kwambiri (0.15 - Kuchuluka kwa OTM / Mtengo Woyambira, 0.1) + Mtengo wa Mtengo Wosankha, Malire Osamalira)

Maintenance Margin

Mphepete yokonza imawerengedwa ngati kuchuluka kwa ETH yomwe idzasungidwe kuti ikhale ndi malo.

Kuyimba / kuyitanira kwanthawi yayitali:

Palibe

Kuyimba mwachidule:

0.075 + Mark Mtengo wa Njira

Mawu achidule:

Maximum (0.075, 0.075 * Mark Price of the Option) + Mark Price of the Option

Mark Price

Chizindikiro cha mtengo wa mgwirizano wa zosankha ndi mtengo wapano wa chisankhocho monga momwe zawerengedwera ndi Deribit risk management system. Nthawi zambiri, izi ndizowerengera zabwino kwambiri ndikufunsa mtengo, komabe, pazolinga zowongolera zoopsa, pali bandwidth yamtengo. Nthawi iliyonse, kasamalidwe ka chiwopsezo cha Deribit amayika malire olimba kuti akhale ochepera komanso osasunthika (IV) ololedwa.

Chitsanzo :

Ngati zoikamo zolimba zinali pa 60% osachepera IV ndi 90% pazipita IV, ndiye njira yokhala ndi mtengo wapakati wokhala ndi IV wokwera kuposa 90% idzakhala yotsika mtengo pa 90% IV. Njira iliyonse yokhala ndi mtengo wapakati wotsikirapo 60% IV ikhoza kugulidwa pa 60% IV. Zindikirani kuti 60% ndi 90% ndi zitsanzo chabe, ndipo mitengo yeniyeni imasiyana ndipo ili pamalingaliro a Deribit risk management.

Malipiro

Onani tsamba ili kuti muwone zolipiritsa za Deribit.

Bandwidth Yololedwa Yogulitsa

Mtengo Wapamwamba (Buy Order) = Mark Price + 0.04 ETH

Min Price (Gulitsani dongosolo) = Mark Price - 0.04 ETH

Position Limit

Pakali pano, palibe malire a maudindo omwe akugwira ntchito. Malire a maudindo akhoza kusintha. Nthawi iliyonse Deribit ikhoza kuyika malire.

Kukula Kochepa Kwambiri

1 njira mgwirizano

Block Trade

Osachepera 250options makontrakitala

Mitundu Yoyitanitsa

Pakali pano, malonda okha ndi malamulo oletsa malire amavomerezedwa ndi injini yofananira. Kuonjezera apo, dongosolo likhoza kukhala "post-only" dongosolo; komabe, izi sizikupezeka pamitundu yamadongosolo apamwamba (zofotokozedwa pansipa).
Maoda a positi-okha adzalowa m'buku la maoda popanda kufananizidwa nthawi yomweyo. Ngati odayo angafanane, injini yathu yogulitsa ingasinthe dongosolo kuti lilowe m'buku la maoda pamtengo wotsatira.

Chitsanzo:
Ngati wochita malonda ayika dongosolo logula pa 0.0050 BTC, koma pali chopereka cha 0.0045 BTC, mtengo wa dongosololi udzasinthidwa kukhala 0.0044 BTC, kotero kuti ulowe mu bukhu la dongosolo ngati malire.

Pakugulitsa zosankha, nsanja imathandizira mitundu iwiri yowonjezera yotsogola. Mitengo ya bukhu la oda ili mu BTC ndipo zosankha zimagulidwa ku BTC. Komabe, ndizotheka kutumiza ma volatility orders ndi ma orders okhazikika a USD.

Podzaza fomu yoyitanitsa zosankha, wogulitsa angasankhe kudziwa mtengo munjira za 3: mu BTC, USD, ndi Implied Volatility.

Oda ikayikidwa pamtengo wa USD kapena kusakhazikika, injini ya Deribit idzasintha madongosolo mosalekeza kuti mtengo wa USD ndi Implied Volatility ukhale pamtengo wokhazikika monga momwe zalembedwera mu fomu yoyitanitsa. Maoda a IV ndi USD amasinthidwa kamodzi pa masekondi 6.

Ndalama za USD

Maoda a USD osasunthika ndi othandiza pamene wochita malonda aganiza kuti akufuna kulipira X madola panjira inayake. Chifukwa cha kusintha kwa kusintha kwa mtengo, mtengo uwu siwokhazikika mu BTC, komabe, buku la dongosolo limagwira ntchito ndi BTC yokha. Kuti musunge mtengo wa USD wokhazikika, dongosololi lidzawunikidwa mosalekeza ndikusinthidwa ndi injini yamitengo.

Deribit Index imagwiritsidwa ntchito kudziwa mtengo wa BTC wa chisankho ngati palibe tsogolo lofananira lomwe lidzatha pa tsiku lomwelo. Ngati pali tsogolo lofananira, mtengo wamtsogolo udzagwiritsidwa ntchito. Komabe, mtengo wamtengo wapatali wamtsogolo umachepetsedwa ndi bandwidth, yomwe imayimiridwa ndi ndondomeko - mtengo wogwiritsidwa ntchito pa malamulo a USD / IV sungathe kusiyana kuposa 10% kuchokera ku ndondomeko.

Zosintha Zosintha

Madongosolo a Volatility ndi madongosolo, okhala ndi kukhazikika kokhazikika kosasinthika. Dongosolo lamtunduwu limapangitsa kuti zitheke kupanga zosankha zamsika popanda zowonjezera zopanga msika.
Kutchingira ndi zam'tsogolo sikunathandizidwe, komabe, kuli pamseu. Mtundu wamitengo wakuda umagwiritsidwa ntchito kudziwa mitengo. Chonde dziwani kuti mitengo imasinthidwa kamodzi pamphindikati. Maoda okhazikika a USD ndi Volatility amasinthidwanso ndi kuchuluka kwa injini yamitengo kamodzi sekondi iliyonse potsatira ndondomeko yamtengo wa Deribit. Ngati pali tsogolo lofananira, tsogolo lidzagwiritsidwa ntchito powerengera maoda a IV ndi USD.

Tchati cha Mbiri Yakale

Tsambali likuwonetsa phindu la kutembenuka kwa Deribit BTC/ETH kusinthanitsa kwa chaka chilichonse ndi mwezi wa 15.
Kusasunthika kumawerengedwa polemba mtengo wa index kamodzi pa tsiku panthawi yokhazikika. Kusasunthika kwa (pachaka) kwa BTC/ETH kumawerengedwa kwa masiku 15.

Mis-Trade Malamulo

Chifukwa cha zifukwa zosiyanasiyana, pakhoza kukhala zochitika pamene zosankha zimagulitsidwa pamitengo chifukwa cha msika wachilendo wosakhazikika, ndi mwayi waukulu kuti mbali imodzi ya malonda yachitidwa mosafuna. Zikatero, Deribit ikhoza kusintha mitengo kapena kusintha malonda.
Kusintha kwamitengo kapena kusinthidwa kwa malonda osankha kudzachitidwa pokhapokha ngati mtengo wogulitsidwa wa mgwirizano wa zosankha unali kutali kwambiri kuposa 5% kuchokera pamtengo wongoyerekeza wa mgwirizano wosankha (0.05BTC pazosankha za BTC).

Chitsanzo:
Ngati njira ikugulitsidwa pamtengo wa 0,12 BTC, koma mtengo wake wongoganizira ndi 0.05BTC, wogulitsa akhoza kupempha kusintha kwa mtengo ku 0.10BTC.

Ngati wochita malonda azindikira kuti malonda agulitsidwa pamtengo womwe umawoneka kuti ndi wolakwika, ayenera kulemba imelo kusinthanitsa ([email protected]) kupempha kusintha kwamtengo mwamsanga.
Mtengo wongoyerekeza wa chisankhocho ndi mtengo wamtengo, ngakhale ndizovuta kuti kusinthanitsa kukhale ndi mtengo wofananira ndendende ndi mtengo wongoyerekeza nthawi zonse. Choncho, ngati pali kusagwirizana pa mtengo wamtengo wapatali, mtengowu udzatsimikiziridwa pokambirana ndi opanga msika woyamba pa nsanja. Ngati pali kusagwirizana kulikonse, a Deribit amatsatira malingaliro awo ponena za phindu lachidziwitso lachisankho panthawi yamalonda.
Pempho la kusintha kwa mtengo liyenera kupangidwa mkati mwa maola a 2 pambuyo pochita malonda. Ngati pazifukwa zilizonse kampaniyo yatulutsa kale ndalama, ndipo Deribit sangathe kutenga ndalama zokwanira kuchokera ku kampaniyo, kusintha kwamitengo kumangopangidwa pamtengo womwe udabwezedwa kuchokera ku akaunti ya mnzake. Thumba la inshuwaransi silikutanthauza ndipo silidzagwiritsidwa ntchito popereka ndalama zolakwa.

Udindo Wopanga Msika

Injini yofananira ndi injini yowopsa imamangidwa kuchokera pansi kuti izitha kuyamwa madongosolo ambiri munthawi yochepa kwambiri. Ndikofunikira pakusinthana kulikonse kwakukulu chifukwa cha kuchuluka kwa katundu. Pulatifomu imatha kuthana ndi zopempha masauzande pa sekondi imodzi ndi ultra-low latency, kudzera pa REST, WebSockets, ndi FIX API.
Chonde dziwani kuti pakadali pano sitingavomereze opanga msika watsopano (kupatula omwe tikulankhula nawo kale ndipo tikukonzekera kulumikizana).
Pankhani ya malamulo opanga misika omwe afotokozedwa pansipa, aliyense amene amayika ma quotes (kutsatsa ndikufunsa) pa chida chomwechi kapena wamalonda aliyense wokhala ndi maoda opitilira 20 m'buku kudzera pakuchita malonda (kudzera pa API) akhoza kuwonedwa ngati wopanga msika ndipo atha kukakamizidwa kutero. tsatirani malamulo omwe ali pansipa.

Zofunikira Zopanga Msika:

1. Market maker (MM) akuyenera kuwonetsa zolemba pamsika maola 112 pa sabata. Kutchula misika ya 2-mbali kunja kwa bandwidth yomwe ili pansipa sikuloledwa nthawi iliyonse.

2. Kufalikira kwa zida:
Wopanga msika amayenera kunena zonse zomwe zatha, ndipo 90% ya ma contract onse omwe angasankhe ndi delta pakati pa 0.1 ndi 0.9 mwatsatanetsatane.

3. Kufalikira kovomerezeka kwa ma bid-ask kufalikira: M'mikhalidwe yabwinobwino kusakhazikika, kufalikira kovomerezeka kwa ma bid-ask kuyenera kupitilira 0.01, (kutha kwa njirayo) * 0.04.

Delta of the option = BS delta monga yawerengedwera ndi Deribit - Mark mtengo monga momwe adawerengera ndi Deribit

Mwachitsanzo, mafoni a pamwezi a ATM sayenera kutchulidwa mokulirapo kuposa 0.02, delta 1.0 put sayenera kutchulidwa mokulirapo kuposa 0.04, ndi zina zotero

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  • Kufalikira kwakukulu pazosankha zanthawi yayitali, kutha m'miyezi 6+, kapena zosankha zomwe palibe tsogolo lokhala ndi msika wamadzimadzi papulatifomu ya Deribit, zitha kukhala nthawi 1.5 kufalikira kosasintha.
  • Kufalikira kwakukulu kwa mndandanda womwe wangoyambitsidwa kumene wokhala ndi tsiku lotha la mwezi umodzi + ukhoza kukhala nthawi 1.5 kuposa kufalikira kwa masiku 5 kukhazikitsidwa kwa nthawi yatsopanoyo.
  • Kufalikira kwakukulu kwa mndandanda womwe wangoyambitsidwa kumene ndi tsiku lotha ntchito pasanathe mwezi umodzi ukhoza kukhala nthawi 1.5 kufalikira kwanthawi yayitali kwa tsiku limodzi kukhazikitsidwa kwa nthawi yatsopanoyo.
  • Pamsika wothamanga kwambiri, kufalikira kwakukulu kololedwa kungathe kuwirikiza kawiri kufalikira kofunikira monga momwe zilili bwino.
4. Kuchepa kwa mawu ochepera: maere 5 pazosankha zokhala ndi delta yogwira 0.50 ndi pansi, 1 maere a mathithi apamwamba.

5. Msika wothamanga: 10% imasuntha maola a 2 apitawa.

6. Palibe diming: Gulu lomwe likupeza mwayi wowonjezera wobwereza (pokhala ndi maoda opitilira 20) sililoledwa kusintha nthawi zonse madongosolo ake potengera kusintha kwa madongosolo a ena kuti apititse patsogolo pang'ono, kusiyana ndi kusintha madongosolo. kutengera malingaliro awo amsika.
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