Athenum Analytics
암호화폐 레버리지 계산기로 청산가와 PnL을 정확히 계산하는 법 (BTC 10x 롱 예시)
레버리지 계산기로 필요 증거금, 청산가, 순 PnL과 ROI를 3단계로 구하는 방법. BTC 10x 롱 실전 예시와 1x부터 100x까지 청산가 비교를 한눈에 정리했습니다.
Athenum Analytics
Options Max Pain in Crypto: What the Max-Pain Price Means and Why Price Drifts Toward It
Options max pain is the strike where the most option value expires worthless. Here is how the max-pain price is built, what the put/call ratio adds, and how to read both on a live BTC options map.
Athenum Analytics
Athenum Cross-Exchange Derivatives Index, week of 2026-06-20
A weekly read of the cross-exchange crypto derivatives tape: funding, open interest, basis, and implied volatility across Athenum's coverage of 14 exchanges, as of 2026-06-20.
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Bitcoin as Digital Gold: How the Safe-Haven Correlation Actually Behaves
Bitcoin shares gold's monetary properties but not its price behavior; the BTC-gold correlation is low, unstable, and regime-dependent, so check the live regime.
Athenum Analytics
VIX 25.33에서 버티는 가운데 BTC는 148억달러 분기 옵션 만기 직전, 매크로 레짐은 신뢰도 0.45의 불안한 중립
일시: 2026년 3월 27일 | 데이터 소스: Athenum Analytics API, Deribit, Coinglass
Athenum Analytics
Eight of the Last Ten ETH ETF Sessions Printed Outflows
Ethereum ETFs have logged eight net outflow sessions in ten trading days, with Athenum flows and derivatives data showing a controlled but persistent reduction in listed ETH exposure.
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VWAP and the Value Area: Reading Where Crypto Actually Trades
How VWAP, anchored VWAP, the point of control, and the value area define where crypto has actually traded, plus the honest limits of each.
Athenum Analytics
The OI-Weighted Funding Rate: Why Aggregated Funding Beats a Single Venue
An open-interest-weighted funding rate weights each venue's funding by its open interest, so the aggregate reflects where the leverage actually sits, not a thin book.
Athenum Analytics
The Coinbase Premium Index: Reading US Spot Demand in Real Time
A practical guide to the Coinbase Premium Index: how it is computed, what positive vs negative means, and where this US spot-demand proxy misleads.
Athenum Analytics
Bitcoin and the Nasdaq: How Crypto's Equity Correlation Shifts With Macro Regimes
Bitcoin's correlation to the Nasdaq 100 is a rolling statistic that swings with the macro regime, not a fixed property; here is how to read it and use it.
Athenum Analytics
DVOL Explained: Deribit's Bitcoin Volatility Index (the Crypto VIX)
DVOL is Deribit's model-free, 30-day implied volatility index for Bitcoin, the crypto market's closest analog to the equity VIX.
Athenum Analytics
The Crypto Options Implied Volatility Term Structure, Explained
The implied volatility term structure plots option-implied vol across expiries, from front-month to back-month. Its shape tells you how the market is pricing near-term versus longer-dated uncertainty, and reading shifts in that curve is a core derivatives skill.
Athenum Analytics