{
  "slug": "deribit",
  "checkedAt": "2026-10-06",
  "observations": [
    {
      "claim": "Current standard .015% maker/.035% taker; liquidation total1% includes normal commission. VIP and delivery rows have separate terms.",
      "product": "deribit",
      "source": "https://support.deribit.com/hc/en-us/articles/25944746248989-Fees",
      "checkedAt": "2026-10-06T06:35:25.875039+00:00",
      "evidenceType": "official documentation",
      "archiveFile": "deribit-fees-web.txt",
      "sha256": "244cc2b4bb57bd1d397d02fe4836f35f4d172204bb570f3930bd06d22d00a525",
      "retrieval": "Web retrieval; direct fetch may be blocked",
      "entity": "Global product; residence and account permissions separately qualified.",
      "accountTier": "Default public reference unless a VIP condition is explicitly named.",
      "channel": "Public signed-out documentation, API or interface",
      "effectiveAt": null,
      "expiresAt": null,
      "dependentModules": [
        "exchange article",
        "expanded dossier",
        "Finder venue record"
      ],
      "uncertainty": "No funded execution, KYC, withdrawal or personal account rate was tested."
    },
    {
      "claim": "Inverse BTC contracts use USD order amounts with coin settlement.",
      "product": "deribit",
      "source": "https://www.deribit.com/api/v2/public/get_instruments?currency=BTC&kind=future&expired=false",
      "checkedAt": "2026-10-06T05:59:44.419393+00:00",
      "evidenceType": "public API",
      "archiveFile": "deribit-catalog-btc.txt",
      "sha256": "6f128bc60b841f4e585c970db4ce2612b66f92da5903647b3b34c50529c7ceb2",
      "retrieval": "HTTP 200",
      "entity": "Global product; residence and account permissions separately qualified.",
      "accountTier": "Default public reference unless a VIP condition is explicitly named.",
      "channel": "Public signed-out documentation, API or interface",
      "effectiveAt": null,
      "expiresAt": null,
      "dependentModules": [
        "exchange article",
        "expanded dossier",
        "Finder venue record"
      ],
      "uncertainty": "No funded execution, KYC, withdrawal or personal account rate was tested."
    },
    {
      "claim": "USDC catalogue includes linear futures/perpetuals and noncrypto products; not every row is a crypto asset.",
      "product": "deribit",
      "source": "https://www.deribit.com/api/v2/public/get_instruments?currency=USDC&kind=future&expired=false",
      "checkedAt": "2026-10-06T05:59:44.419457+00:00",
      "evidenceType": "public API",
      "archiveFile": "deribit-catalog-usdc.txt",
      "sha256": "436725edc4a799ae890f0ff98673583447fd0882cf0dceaa7a7bd99a1f2182d8",
      "retrieval": "HTTP 200",
      "entity": "Global product; residence and account permissions separately qualified.",
      "accountTier": "Default public reference unless a VIP condition is explicitly named.",
      "channel": "Public signed-out documentation, API or interface",
      "effectiveAt": null,
      "expiresAt": null,
      "dependentModules": [
        "exchange article",
        "expanded dossier",
        "Finder venue record"
      ],
      "uncertainty": "No funded execution, KYC, withdrawal or personal account rate was tested."
    },
    {
      "claim": "Major perp small-position50x and dated25x groups differ; linearBTC current curveNmax1769, C3.05,C4.4.",
      "product": "deribit",
      "source": "https://support.deribit.com/hc/en-us/articles/25944811528477-Standard-Margin",
      "checkedAt": "2026-10-06T06:35:25.875039+00:00",
      "evidenceType": "official documentation",
      "archiveFile": "deribit-product-specs-web.txt",
      "sha256": "dcf3bc3321ee67aeb794b64cd8979901889211e737a17ab066b3976279f716d7",
      "retrieval": "Web retrieval; direct fetch may be blocked",
      "entity": "Global product; residence and account permissions separately qualified.",
      "accountTier": "Default public reference unless a VIP condition is explicitly named.",
      "channel": "Public signed-out documentation, API or interface",
      "effectiveAt": null,
      "expiresAt": null,
      "dependentModules": [
        "exchange article",
        "expanded dossier",
        "Finder venue record"
      ],
      "uncertainty": "No funded execution, KYC, withdrawal or personal account rate was tested."
    },
    {
      "claim": "Inverse BTC perpetual minimum order10USD; funding accrues during holding time.",
      "product": "deribit",
      "source": "https://support.deribit.com/hc/en-us/articles/31424954847133-Inverse-Perpetual",
      "checkedAt": "2026-10-06T06:35:25.875039+00:00",
      "evidenceType": "official documentation",
      "archiveFile": "deribit-product-specs-web.txt",
      "sha256": "dcf3bc3321ee67aeb794b64cd8979901889211e737a17ab066b3976279f716d7",
      "retrieval": "Web retrieval; direct fetch may be blocked",
      "entity": "Global product; residence and account permissions separately qualified.",
      "accountTier": "Default public reference unless a VIP condition is explicitly named.",
      "channel": "Public signed-out documentation, API or interface",
      "effectiveAt": null,
      "expiresAt": null,
      "dependentModules": [
        "exchange article",
        "expanded dossier",
        "Finder venue record"
      ],
      "uncertainty": "No funded execution, KYC, withdrawal or personal account rate was tested."
    },
    {
      "claim": "LinearBTC perpetual minimum .0001BTC, cash result USDC. Scheduled October6 reductions not certified deployed.",
      "product": "deribit",
      "source": "https://support.deribit.com/hc/en-us/articles/31424969384605-Linear-Perpetual",
      "checkedAt": "2026-10-06T06:35:25.875039+00:00",
      "evidenceType": "official documentation",
      "archiveFile": "deribit-specs-web.txt",
      "sha256": "4db44ad76141d50d7b922abb840b0f1f11f92428d86c3523ec60dee067f31f67",
      "retrieval": "Web retrieval; direct fetch may be blocked",
      "entity": "Global product; residence and account permissions separately qualified.",
      "accountTier": "Default public reference unless a VIP condition is explicitly named.",
      "channel": "Public signed-out documentation, API or interface",
      "effectiveAt": null,
      "expiresAt": null,
      "dependentModules": [
        "exchange article",
        "expanded dossier",
        "Finder venue record"
      ],
      "uncertainty": "No funded execution, KYC, withdrawal or personal account rate was tested."
    },
    {
      "claim": "Dated futures use a thirty-minute expiry-index average; no physical coin delivery.",
      "product": "deribit",
      "source": "https://support.deribit.com/hc/en-us/articles/31424938981533-Inverse-Futures",
      "checkedAt": "2026-10-06T06:35:25.875039+00:00",
      "evidenceType": "official documentation",
      "archiveFile": "deribit-product-specs-web.txt",
      "sha256": "dcf3bc3321ee67aeb794b64cd8979901889211e737a17ab066b3976279f716d7",
      "retrieval": "Web retrieval; direct fetch may be blocked",
      "entity": "Global product; residence and account permissions separately qualified.",
      "accountTier": "Default public reference unless a VIP condition is explicitly named.",
      "channel": "Public signed-out documentation, API or interface",
      "effectiveAt": null,
      "expiresAt": null,
      "dependentModules": [
        "exchange article",
        "expanded dossier",
        "Finder venue record"
      ],
      "uncertainty": "No funded execution, KYC, withdrawal or personal account rate was tested."
    },
    {
      "claim": "Linear-option expiry can create a future which settles in cash; separate from perpetual funding.",
      "product": "deribit",
      "source": "https://support.deribit.com/hc/en-us/articles/31424954805405-Linear-Futures",
      "checkedAt": "2026-10-06T06:35:25.875039+00:00",
      "evidenceType": "official documentation",
      "archiveFile": "deribit-product-specs-web.txt",
      "sha256": "dcf3bc3321ee67aeb794b64cd8979901889211e737a17ab066b3976279f716d7",
      "retrieval": "Web retrieval; direct fetch may be blocked",
      "entity": "Global product; residence and account permissions separately qualified.",
      "accountTier": "Default public reference unless a VIP condition is explicitly named.",
      "channel": "Public signed-out documentation, API or interface",
      "effectiveAt": null,
      "expiresAt": null,
      "dependentModules": [
        "exchange article",
        "expanded dossier",
        "Finder venue record"
      ],
      "uncertainty": "No funded execution, KYC, withdrawal or personal account rate was tested."
    },
    {
      "claim": "Funding is continuous with eight-hour rate convention and daily08UTC cash settlement.",
      "product": "deribit",
      "source": "https://support.deribit.com/hc/en-us/articles/31424939178397-Funding-Specifications",
      "checkedAt": "2026-10-06T06:35:25.875039+00:00",
      "evidenceType": "official documentation",
      "archiveFile": "deribit-margin-funding-complete-web.txt",
      "sha256": "8a09a13e9809e21102811a9e68aed5272f579755bd9f5bfeff477ef61e63a2db",
      "retrieval": "Web retrieval; direct fetch may be blocked",
      "entity": "Global product; residence and account permissions separately qualified.",
      "accountTier": "Default public reference unless a VIP condition is explicitly named.",
      "channel": "Public signed-out documentation, API or interface",
      "effectiveAt": null,
      "expiresAt": null,
      "dependentModules": [
        "exchange article",
        "expanded dossier",
        "Finder venue record"
      ],
      "uncertainty": "No funded execution, KYC, withdrawal or personal account rate was tested."
    },
    {
      "claim": "SM/PM and segregated/cross are distinct axes; segregated means currency not isolated trade.",
      "product": "deribit",
      "source": "https://support.deribit.com/hc/en-us/articles/25944811317149-Margin-types-and-usage",
      "checkedAt": "2026-10-06T06:35:25.875039+00:00",
      "evidenceType": "official documentation",
      "archiveFile": "deribit-margin-funding-complete-web.txt",
      "sha256": "8a09a13e9809e21102811a9e68aed5272f579755bd9f5bfeff477ef61e63a2db",
      "retrieval": "Web retrieval; direct fetch may be blocked",
      "entity": "Global product; residence and account permissions separately qualified.",
      "accountTier": "Default public reference unless a VIP condition is explicitly named.",
      "channel": "Public signed-out documentation, API or interface",
      "effectiveAt": null,
      "expiresAt": null,
      "dependentModules": [
        "exchange article",
        "expanded dossier",
        "Finder venue record"
      ],
      "uncertainty": "No funded execution, KYC, withdrawal or personal account rate was tested."
    },
    {
      "claim": "Portfolio margin applies worst tested risk scenario, not a cap on possible loss; cross currency offsets are not automatic.",
      "product": "deribit",
      "source": "https://support.deribit.com/hc/en-us/articles/25944756247837-Portfolio-Margin",
      "checkedAt": "2026-10-06T06:35:25.875039+00:00",
      "evidenceType": "official documentation",
      "archiveFile": "deribit-liquidation-portfolio-whitebit-funding-web.txt",
      "sha256": "77fc1e23e87c62df28e3f5972cd416c58599145b07ba5b74e7b914fc3c922aa4",
      "retrieval": "Web retrieval; direct fetch may be blocked",
      "entity": "Global product; residence and account permissions separately qualified.",
      "accountTier": "Default public reference unless a VIP condition is explicitly named.",
      "channel": "Public signed-out documentation, API or interface",
      "effectiveAt": null,
      "expiresAt": null,
      "dependentModules": [
        "exchange article",
        "expanded dossier",
        "Finder venue record"
      ],
      "uncertainty": "No funded execution, KYC, withdrawal or personal account rate was tested."
    },
    {
      "claim": "PositionBuilder is simulation, not order execution; expiry and retained simulated positions require correct interpretation.",
      "product": "deribit",
      "source": "https://support.deribit.com/hc/en-us/articles/31238900906781-Position-Builder",
      "checkedAt": "2026-10-06T06:35:25.875039+00:00",
      "evidenceType": "official documentation",
      "archiveFile": "deribit-channels-builder-web.txt",
      "sha256": "e177c47cfd8541d0b61ff3f4c60c3f86c4acef1ee2ebfc1050042a7a2102e5c8",
      "retrieval": "Web retrieval; direct fetch may be blocked",
      "entity": "Global product; residence and account permissions separately qualified.",
      "accountTier": "Default public reference unless a VIP condition is explicitly named.",
      "channel": "Public signed-out documentation, API or interface",
      "effectiveAt": null,
      "expiresAt": null,
      "dependentModules": [
        "exchange article",
        "expanded dossier",
        "Finder venue record"
      ],
      "uncertainty": "No funded execution, KYC, withdrawal or personal account rate was tested."
    },
    {
      "claim": "USDT collateral haircut2%; negative currency may incur charges despite positive portfolio equity.",
      "product": "deribit",
      "source": "https://support.deribit.com/hc/en-us/articles/25944777203869-Cross-collateral-specifications",
      "checkedAt": "2026-10-06T06:35:25.875039+00:00",
      "evidenceType": "official documentation",
      "archiveFile": "deribit-margin-funding-complete-web.txt",
      "sha256": "8a09a13e9809e21102811a9e68aed5272f579755bd9f5bfeff477ef61e63a2db",
      "retrieval": "Web retrieval; direct fetch may be blocked",
      "entity": "Global product; residence and account permissions separately qualified.",
      "accountTier": "Default public reference unless a VIP condition is explicitly named.",
      "channel": "Public signed-out documentation, API or interface",
      "effectiveAt": null,
      "expiresAt": null,
      "dependentModules": [
        "exchange article",
        "expanded dossier",
        "Finder venue record"
      ],
      "uncertainty": "No funded execution, KYC, withdrawal or personal account rate was tested."
    },
    {
      "claim": "Incremental liquidation and PM future hedges can leave positions after intervention; no advance margin-call assumption.",
      "product": "deribit",
      "source": "https://support.deribit.com/hc/en-us/articles/25944769313309-Liquidations",
      "checkedAt": "2026-10-06T06:35:25.875039+00:00",
      "evidenceType": "official documentation",
      "archiveFile": "deribit-liquidation-portfolio-whitebit-funding-web.txt",
      "sha256": "77fc1e23e87c62df28e3f5972cd416c58599145b07ba5b74e7b914fc3c922aa4",
      "retrieval": "Web retrieval; direct fetch may be blocked",
      "entity": "Global product; residence and account permissions separately qualified.",
      "accountTier": "Default public reference unless a VIP condition is explicitly named.",
      "channel": "Public signed-out documentation, API or interface",
      "effectiveAt": null,
      "expiresAt": null,
      "dependentModules": [
        "exchange article",
        "expanded dossier",
        "Finder venue record"
      ],
      "uncertainty": "No funded execution, KYC, withdrawal or personal account rate was tested."
    },
    {
      "claim": "Coinbase retail and Deribit account channels do not imply the same derivative permissions.",
      "product": "deribit",
      "source": "https://help.coinbase.com/en/international-exchange/deribit/what-you-need-to-know",
      "checkedAt": "2026-10-06T06:35:25.875039+00:00",
      "evidenceType": "official documentation",
      "archiveFile": "deribit-channels-builder-web.txt",
      "sha256": "e177c47cfd8541d0b61ff3f4c60c3f86c4acef1ee2ebfc1050042a7a2102e5c8",
      "retrieval": "Web retrieval; direct fetch may be blocked",
      "entity": "Global product; residence and account permissions separately qualified.",
      "accountTier": "Default public reference unless a VIP condition is explicitly named.",
      "channel": "Public signed-out documentation, API or interface",
      "effectiveAt": null,
      "expiresAt": null,
      "dependentModules": [
        "exchange article",
        "expanded dossier",
        "Finder venue record"
      ],
      "uncertainty": "No funded execution, KYC, withdrawal or personal account rate was tested."
    },
    {
      "claim": "Institutional eligibility and onboarding channel are distinct; no blanket global access claim.",
      "product": "deribit",
      "source": "https://help.coinbase.com/en/global-exchange/getting-started/getting-started-with-your-deribit-by-coinbase-account",
      "checkedAt": "2026-10-06T06:35:25.875039+00:00",
      "evidenceType": "official documentation",
      "archiveFile": "deribit-channels-builder-web.txt",
      "sha256": "e177c47cfd8541d0b61ff3f4c60c3f86c4acef1ee2ebfc1050042a7a2102e5c8",
      "retrieval": "Web retrieval; direct fetch may be blocked",
      "entity": "Global product; residence and account permissions separately qualified.",
      "accountTier": "Default public reference unless a VIP condition is explicitly named.",
      "channel": "Public signed-out documentation, API or interface",
      "effectiveAt": null,
      "expiresAt": null,
      "dependentModules": [
        "exchange article",
        "expanded dossier",
        "Finder venue record"
      ],
      "uncertainty": "No funded execution, KYC, withdrawal or personal account rate was tested."
    },
    {
      "claim": "Public BTC ticket shows USD amount,min10 and50x; no authenticated trade submitted.",
      "product": "deribit",
      "source": "https://www.deribit.com/futures/BTC-PERPETUAL",
      "checkedAt": "2026-10-06T06:35:25.875039+00:00",
      "evidenceType": "public interface",
      "archiveFile": "deribit-ticket-dom.txt",
      "sha256": "6bfa2161bebf24a9b1632cec0fc6691b5ef5b81015b3ccf9ffa03281a71ceea1",
      "retrieval": "Browser DOM",
      "entity": "Global product; residence and account permissions separately qualified.",
      "accountTier": "Default public reference unless a VIP condition is explicitly named.",
      "channel": "Public signed-out documentation, API or interface",
      "effectiveAt": null,
      "expiresAt": null,
      "dependentModules": [
        "exchange article",
        "expanded dossier",
        "Finder venue record"
      ],
      "uncertainty": "No funded execution, KYC, withdrawal or personal account rate was tested."
    }
  ],
  "sources": [
    {
      "title": "Deribit current fees and liquidation totals",
      "url": "https://support.deribit.com/hc/en-us/articles/25944746248989-Fees"
    },
    {
      "title": "BTC instrument catalogue",
      "url": "https://www.deribit.com/api/v2/public/get_instruments?currency=BTC&kind=future&expired=false"
    },
    {
      "title": "USDC instrument catalogue",
      "url": "https://www.deribit.com/api/v2/public/get_instruments?currency=USDC&kind=future&expired=false"
    },
    {
      "title": "Standard-margin product groups and size curve",
      "url": "https://support.deribit.com/hc/en-us/articles/25944811528477-Standard-Margin"
    },
    {
      "title": "Inverse perpetual settlement and funding",
      "url": "https://support.deribit.com/hc/en-us/articles/31424954847133-Inverse-Perpetual"
    },
    {
      "title": "Linear perpetual contract specifications",
      "url": "https://support.deribit.com/hc/en-us/articles/31424969384605-Linear-Perpetual"
    },
    {
      "title": "Inverse dated futures",
      "url": "https://support.deribit.com/hc/en-us/articles/31424938981533-Inverse-Futures"
    },
    {
      "title": "Linear futures and option-expiry interaction",
      "url": "https://support.deribit.com/hc/en-us/articles/31424954805405-Linear-Futures"
    },
    {
      "title": "Funding calculation specifications",
      "url": "https://support.deribit.com/hc/en-us/articles/31424939178397-Funding-Specifications"
    },
    {
      "title": "Margin modes and account scope",
      "url": "https://support.deribit.com/hc/en-us/articles/25944811317149-Margin-types-and-usage"
    },
    {
      "title": "Portfolio-margin framework",
      "url": "https://support.deribit.com/hc/en-us/articles/25944756247837-Portfolio-Margin"
    },
    {
      "title": "Position Builder capabilities and limitations",
      "url": "https://support.deribit.com/hc/en-us/articles/31238900906781-Position-Builder"
    },
    {
      "title": "Cross-collateral currencies and valuation",
      "url": "https://support.deribit.com/hc/en-us/articles/25944777203869-Cross-collateral-specifications"
    },
    {
      "title": "Incremental and portfolio liquidation",
      "url": "https://support.deribit.com/hc/en-us/articles/25944769313309-Liquidations"
    },
    {
      "title": "Coinbase and Deribit account-channel transition",
      "url": "https://help.coinbase.com/en/international-exchange/deribit/what-you-need-to-know"
    },
    {
      "title": "Coinbase institutional onboarding scope",
      "url": "https://help.coinbase.com/en/global-exchange/getting-started/getting-started-with-your-deribit-by-coinbase-account"
    },
    {
      "title": "Inspected Deribit perpetual terminal",
      "url": "https://www.deribit.com/futures/BTC-PERPETUAL"
    }
  ],
  "method": "Current official documents and public contract APIs, with signed-out interface inspection. Illustrative calculations use stated assumptions; no financial operations.",
  "limitations": [
    "Public access does not establish account eligibility or executed fill quality.",
    "Help-center updates can differ from cached examples; current product tables take precedence for the named contract.",
    "October6 09UTC deployment was still scheduled at the observation time; it was not certified live."
  ],
  "interfaceCaptures": [
    {
      "src": "/exchanges/batch07/deribit-ticket.webp",
      "alt": "Deribit BTC-PERPETUAL order area with amount in USD, Reduce and Post controls and a 50x maximum label.",
      "width": 626,
      "height": 632,
      "scope": "Public desktop only; no authenticated transaction."
    }
  ]
}