Tools

ETH Max Pain Calculator.

Aggregate open interest across every Deribit expiry — the strike where option writers lose the least. Free snapshot, 15-minute delayed.

Max Pain Strike
$2,320
Spot
$2,446
Nearest expiry
2026-10-21

15-minute delayed · aggregate OI all expiries · as of 21 Oct 2026, 11:21 IST

Strikes near spot

Strike Call OI Put OI Total OI
$2,360 420.00 1,317.00 1,737.00
$2,380 408.00 2,149.00 2,557.00
$2,400 37,652.00 35,534.00 73,186.00
$2,420 2,365.00 913.00 3,278.00
$2,440 3,115.00 901.00 4,016.00
$2,450 6,488.00 7,434.00 13,922.00
$2,460 4,477.00 237.00 4,714.00
$2,480 4,820.00 16.00 4,836.00
$2,500 66,598.00 19,408.00 86,006.00
$2,520 670.00 0.00 670.00
$2,540 525.00 0.00 525.00

How this differs from index Max Pain

Deribit max pain here sums OI across all listed expiries in one flat chain — not a single weekly expiry like NIFTY. Daily, weekly and monthly contracts all contribute. Settlement is at 08:00 UTC on each expiry date; weekly Fridays are the main event for positioning.

The worked calculation and when max pain tends to fail: Max Pain, explained → · crypto-specific context: BTC vs index options →

Delayed snapshot only. This page refreshes at most every 15 minutes and shows strikes near spot. The terminal recalculates max pain live across every strike and expiry.

Related


Full live chain: terminal → · BTC hub →