Sharpe Terminal vs Laevitas

Sharpe Terminal covers the core institutional options analytics stack — volatility surfaces, ATM IV with interpolation, forward IV near expiry, realized volatility with z-scores, Greeks (delta, gamma, theta, vega), term structure, put/call skew, and block trade flow — across Deribit, OKX, and Binance. Laevitas covers the same analytics with wider venue coverage (adds Bybit and CME) and goes deeper on exotic flow analysis and institutional-grade volatility research. For retail and prop traders who primarily use Deribit and OKX, Sharpe's options surface is at parity with Laevitas's free tier and close to parity with its paid tier at zero cost. For trading desks needing CME options or exotic flow, Laevitas is the better fit.

Yes. Sharpe Terminal calculates full Greeks — delta, gamma, theta, vega — for every live options contract on Deribit, OKX, and Binance. Greeks are computed using standard Black-Scholes with implied volatility solved from market mid prices, and are available in real-time alongside the volatility surface. Laevitas also exposes Greeks with similar methodology. Both platforms surface Greeks at the contract and portfolio level; Sharpe presents them in a public dashboard free of charge, while Laevitas gates some advanced aggregate Greek exposures behind paid tiers.

For Deribit specifically, coverage is effectively at parity — both platforms pull from Deribit's public API with 5-minute to real-time cadence and surface the same core analytics: IV surface, Greeks, skew, term structure, block trades, open interest, and volume. Laevitas has a longer track record and slightly richer historical data for institutional use cases. Sharpe Terminal gives you the same analytics for free plus the rest of the crypto market — perpetual funding, DEX flows, narrative rotation — in one workspace. For a Deribit-only options trader, Sharpe covers 95%+ of what Laevitas does at zero cost.

Yes. Sharpe Terminal ingests block trades from Deribit, OKX, and Binance every 15 minutes and displays them in a dedicated block trade feed showing strike, expiry, side, size, premium, and implied volatility at execution. Block trades are a leading indicator of institutional positioning, and this feature matches what Laevitas provides in its options product. The data is available through Sharpe's public REST API and MCP server for traders who want to plug block trade signals into custom alerts or AI agents.

No. Sharpe Terminal currently covers crypto-native options venues only — Deribit, OKX, and Binance. Laevitas covers these venues plus CME (Chicago Mercantile Exchange) Bitcoin and Ether options, which are the primary regulated US institutional options markets. If your workflow requires CME-listed options data, Laevitas is the better choice. For the majority of global crypto options volume (which trades on Deribit), Sharpe is at parity for free.

Yes. Sharpe Terminal's options data — full volatility surface, Greeks, IV by tenor and strike, block trades, open interest — is available through a free public REST API and a Model Context Protocol (MCP) server. The MCP server lets LLMs like Claude and ChatGPT query live options state directly, so you can ask an AI agent "what's BTC 30-day ATM IV right now?" and get a live answer. Laevitas has API access but it is a paid feature. For developers and AI-native trading workflows, Sharpe's free API is a significant advantage.