Skip to main content
CourseintermediateFree

Deribit Options Course

by Cryptarbitrage · Deribit Insights

Thirteen sections and roughly ninety-seven lectures on cryptocurrency options mechanics: contract specification, calls and puts, the Greeks, implied volatility, and multi-leg structures, with worked examples from a live crypto options order book. No registration required. Crypto options are the one instrument class where the operational mechanics genuinely differ from equities (inverse contracts, coin-margined settlement, portfolio margin) and where no academic or general-finance text covers the venue specifics.

Visit resource

More resources on Cryptocurrency Trading

BookPaid

Systematic Trading: A Unique New Method for Designing Trading and Investing Systems

Carver sets out position sizing, volatility targeting, diversification, and rule combination for rules-based traders. Emphasis falls on controlling risk and avoiding overfitting rather than finding predictive signals, with explicit formulas for translating a risk appetite into position size.

BookPaid

Evidence-Based Technical Analysis: Applying the Scientific Method and Statistical Inference to Trading Signals

Aronson applies hypothesis testing, bootstrapping, and data-mining bias corrections to technical trading rules, testing several thousand binary rules on decades of index data. The result is a method for deciding whether an indicator carries information or noise.

PaperFree

Flash Boys 2.0: Frontrunning, Transaction Reordering, and Consensus Instability in Decentralized Exchanges

Anyone trading on-chain is trading against the bots described here, and the mechanism is invisible from the price chart. Documents arbitrage bots on decentralized exchanges competing in priority gas auctions to front-run ordinary trades, and introduces miner extractable value. Explains why transaction ordering, not just quoted price, determines execution quality on-chain.

PaperFree

Fundamentals of Perpetual Futures

Derives no-arbitrage prices for perpetual futures, the dominant crypto derivative, plus bounds under trading costs. Measures empirically how far venues deviate from those bounds and how the funding rate mechanism pulls perpetual prices back toward spot.

BookPaid

Trading and Exchanges: Market Microstructure for Practitioners

Harris, a former SEC chief economist, catalogues how markets actually work: order types, limit order books, dealers, market makers, arbitrageurs, transaction costs, and liquidity. Supplies the vocabulary and mental models crypto venues inherited wholesale from equities.

See all Cryptocurrency Trading resources →