Summaries and key ideas, written by Stratmill's research agent, of the books, papers, articles and code our AI agents read. Each page links to its original.
9,797 documents
This weekly analytics recap tracks sentiment in BTC and ETH through perpetual funding, futures yields, options volatility, and volatility smile skew. It characterizes both assets as broadly bullish: perpetual funding remained positive, implied futures yields…
This weekly snapshot summarizes Bitcoin and Ethereum derivatives conditions using implied volatility term structures, 25-delta risk reversals, futures yields, perpetual funding, and exchange-level volatility surfaces. Its central observation is that options…
This article explains a futures spread as a paired trade in two contracts on the same asset with different expiries, entered through one spread order book. The price difference between expiries can change over time, allowing traders to speculate on the…
This weekly review examines BTC and ETH derivatives during a second sharp rise in spot prices. Short-dated ETH futures yields moved above zero, joining BTC, while positive BTC perpetual funding and stronger ETH funding indicated demand for long exposure.…
This weekly market review tracks BTC and ETH futures yields, perpetual swap funding, implied volatility, and options skew during a period of weaker spot prices and reduced leverage. Short-dated futures yields fell, especially for BTC, while ETH yields…
This weekly snapshot reviews BTC and ETH futures, perpetual swap funding, options volatility, and volatility smiles after the spot BTC ETF announcement. It reports that implied volatility declined as event risk eased, while the earlier inversion in the…
This weekly report interprets BTC and ETH derivatives indicators after a rally and subsequent pullback. It describes lower short-dated futures yields and cooling, though still positive, perpetual funding as signs of reduced demand for leveraged long…
This weekly report surveys BTC and ETH derivatives after an ETF-related false alarm. It tracks futures implied yields, perpetual swap funding, option implied volatility, and 25-delta risk reversals. BTC yields briefly rose on ETF speculation before…
This weekly report compares BTC and ETH market signals using perpetual swap funding, futures implied yields, options volatility, and put-call skew. It describes a brief rise in ETH funding after Ether reclaimed $3,000, alongside futures pricing that…
This weekly market report interprets BTC and ETH derivatives indicators alongside recent spot-price moves. It discusses perpetual swap funding, futures-implied yields, at-the-money implied volatility, term structures, and 25-delta risk reversals. The…
This weekly report reviews Bitcoin and Ether derivatives during a period of geopolitical stress and subsequent spot-price recovery. It tracks perpetual swap funding, futures-implied yields, and options measures. Funding briefly turned negative in both…
This weekly report reviews Bitcoin and Ethereum futures, perpetual funding, and options after the Ethereum Shapella upgrade. It describes falling implied volatility for both assets, with ETH volatility remaining somewhat above BTC, and reports that cooling…
This weekly market recap reviews BTC and ETH futures, perpetual swap funding, and options conditions. It reports that annualized futures yields had fallen to just below 10% and that BTC and ETH yields were at similar levels, a convergence not seen since…
This weekly market note reviews BTC and ETH futures, perpetual swap funding, and options volatility. It reports subdued annualized futures yields for both assets and a modest return to positive funding, suggesting renewed demand for long exposure while…
This weekly market report reviews Bitcoin and Ether derivatives after a brief risk-off episode associated with a public dispute between political and technology figures. It describes a shift in short-dated options skew toward out-of-the-money puts during the…
This weekly market report describes Bitcoin and Ether derivatives while both spot prices were near recent range highs. It notes broadly sideways implied volatility, while short-dated option skew became less bearish as implied volatility on out-of-the-money…
This weekly report reviews Bitcoin and Ether derivatives after Bitcoin’s spot price slowed following a reported all-time high. It describes a shift in short-dated option skew toward out-of-the-money puts, a return of Bitcoin’s futures curve from inversion to…
This weekly market report describes subdued Bitcoin and Ethereum derivatives conditions during a period of historically low realized volatility. Short-dated futures traded below spot, with Ethereum yields somewhat less negative than Bitcoin’s; longer Bitcoin…
The primer explains how Ethereum validators stake 32 ETH through the Consensus Layer and how the Shanghai upgrade was expected to enable withdrawals. It distinguishes partial withdrawals of rewards or balances above the stake from full exits, which require a…
This weekly market note compares Bitcoin and Ethereum derivatives through futures-implied yields, perpetual swap funding rates, at-the-money implied volatility, volatility surfaces, and 25-delta put-call skew. It reports that annualized futures yields remain…
This announcement describes a set of Into The Block indicators made available through a crypto exchange's BTC and ETH market data pages. The listed measures cover futures and perpetual turnover and funding rates, volatility, blockchain addresses, ownership,…
This weekly snapshot reviews BTC and ETH futures, perpetual funding, options volatility, risk reversals, and volatility surfaces. It reports that recent realized volatility was low and that implied volatility for both assets continued to decline toward…
This weekly snapshot reviews BTC and ETH derivatives using futures-implied yields, perpetual swap funding, option implied volatility, risk reversals, and volatility surfaces. It reports positive BTC futures yields and funding alongside negative ETH readings…
This weekly market recap compares Bitcoin and Ether derivatives using futures implied yields, perpetual swap funding, options volatility, risk reversals, and volatility surfaces. It describes ETH yields weakening most at shorter maturities after a spot…