Everything you need to know about the Eisphora GEX dashboard. Each card describes a feature, how it works, and its application in trading.
Displays dealer gamma exposure per 1% price move as a staircase histogram. For each strike, call GEX is subtracted from put GEX. Bars to the right represent net call gamma (resistance), bars to the left represent net put gamma (support). Data is calculated using the Black-76 model based on Deribit data, updating every 2 seconds.
Cumulative gamma exposure profile across all strikes. Shows the overall gamma landscape — where dealer hedging pressure builds up and where it fades. Helps identify zones of stability (high positive gamma) and instability (negative gamma).
Open interest distribution by strike, split into calls and puts. Shows where the highest concentration of contracts is located. High OI at a strike creates a "magnet" effect, as dealers hedge around these levels.
Five key price levels calculated from the options market. Displayed as badges with real-time distance from the spot price. These levels act as support, resistance, and price attraction points.
Automatically detects whether the market is in a positive or negative gamma regime based on dealer positioning. The regime determines how dealers hedge and whether price will mean-revert or trend.
Net delta exposure by strike, showing the direction of dealer hedging. Positive delta means dealers need to sell the underlying, negative delta means they need to buy. Reveals directional flows driven by the options market.
Visualizes total losses of option holders at each potential settlement price. The curve minimum is the Max Pain price — the level of maximum profit for option sellers (dealers). Price gravitates toward Max Pain as expiration approaches.
Highlights the top 8 strikes by absolute Net GEX — the strikes with the greatest dealer hedging impact. Each strike shows its GEX value and key level tags (Call Wall, Put Wall, Abs Gamma, Max Pain, Zero Gamma).
Put IV / Call IV ratio for near-ATM options. A skew above 1.0 indicates bearish sentiment (puts are more expensive), below 1.0 indicates bullish sentiment (calls are more expensive). Extreme values often precede reversals.
Embedded advanced TradingView chart showing BTC or ETH price in real time from Bitstamp. Full charting capabilities: candlesticks, indicators, drawing tools, multiple timeframes. Automatically switches when toggling between BTC and ETH.
All data comes from Deribit via WebSocket and REST API. Spot price updates in real time via WebSocket. Options data (OI, volume, Greeks) updates every 2 seconds via polling. Connection status and last update time are shown in the status bar.
Scrolling news feed at the top of the dashboard with the latest crypto headlines from FinancialJuice. Headlines are color-coded by sentiment and update automatically. Stay informed about market events without leaving the dashboard.
Switch between BTC and ETH with one click. All charts, key levels, gamma regime, and metrics recalculate instantly. The TradingView chart and Deribit data feed also switch automatically.
Filter options data by expiry: All, 7 days, 14 days, 30 days, or 90 days. You can also select a specific expiry date from the dropdown. Filtering lets you focus on near-term gamma (most influential) or long-term positioning.
All Greeks are calculated using the Black-76 model — the standard for pricing European options on futures. This is the appropriate model for Deribit options, as they settle against the index (futures-style).