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Max Pain History
Historical expiry dates, Max Pain levels and spot differentials for Deribit BTC and IBIT.
⚠️ Observable, not predictable
Max Pain is a descriptive metric of the open-interest distribution — not a forecast and not a magnet the spot must follow. We show historical data so you can spot patterns yourself. Not investment advice.
Full history with Pro
Trend chart, full expiry table, stats tiles, and upcoming expiries.
Upgrade to Pro🔎 Data sources
Deribit BTC options: Deribit Public API (daily 02:00 UTC). Snapshot 24h before expiry. Cash-settled European-style.
Max Pain = strike with the minimum total ITM value across all option writers. No OI filtering.