Athenum Analytics

Kripto PnL Hesaplayıcı: Vadeli İşlemlerde Kar, Zarar ve ROI Nasıl Hesaplanır
Kripto vadeli işlemlerde PnL, ROI ve gerçekleşen kar nasıl hesaplanır? Long ve short formülleri, kaldıraç etkisi, ücretler ve fonlama satır satır işlenmiş BTC örnekleriyle açıklanıyor.

Kripto Marjin Hesaplayıcı: Gerekli Marjin, İzole vs Cross ve Likidasyon Tamponu Nasıl Hesaplanır
Gerekli marjin, idame marjini ve likidasyon tamponunu adım adım hesaplayın; izole ve cross marjinin bu tamponu nasıl değiştirdiğini, BTC üzerinde işlenmiş bir örnekle görün.

Kaldıraç Hesaplayıcı: BTC'de 10x Long İçin Marj, Likidasyon ve PnL Nasıl Hesaplanır?
Kaldıraç hesaplayıcı ile bir BTC pozisyonunun gerekli marjını, likidasyon fiyatını ve net PnL ile ROI değerini adım adım hesaplayın. 68.000 $ giriş, 10x long ve gerçek formüllerle çalışılmış bir örnek.

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 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.

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.
VIX 25,33’te kalırken BTC 14,8 milyar dolarlık çeyreklik opsiyon vadesine gidiyor, makro rejim ise 0,45 güven skoruyla kırılgan nötr
Tarih: 27 Mart 2026 | Veri kaynağı: Athenum Analytics API, Deribit, Coinglass
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.

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.

OI-weighted funding rates: calculation, intervals and limitations
An open-interest-weighted funding rate is a summary of selected perpetual contracts. Each comparable rate receives the weight of that contract's USD notional open interest. It is not the rate charged on your position, a measure of net long positions, or a forecast of the next price move.

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.

Bitcoin–Nasdaq correlation: a reproducible measurement guide
Bitcoin–Nasdaq correlation describes the linear association between two specified return series over a specified window. It is not a permanent property of Bitcoin. This guide explains how to define the measurement; the [July 2026 claim audit](/blog/bitcoin-nasdaq-correlation/) addresses an earlier numerical headline separately.

