{"uid":"cap_VrzU3V4595yn6Un0DjTRg","slug":"crypto-futures-basis-curve-4de3ba3d","name":"Crypto Futures Basis Curve","description":"Deribit BTC or ETH futures term structure: each expiry's price, premium over the index and annualized basis, plus the perpetual's premium. Use for cash-and-carry yields or sentiment.","url":"https://bess-x402.onrender.com/v1/crypto/futures-basis?utm_source=zero.xyz","method":"GET","headers":{},"bodySchema":{"type":"object","$schema":"https://json-schema.org/draft/2020-12/schema","required":["input"],"properties":{"input":{"type":"object","required":["type","method"],"properties":{"type":{"type":"string","const":"http"},"method":{"enum":["GET","HEAD","DELETE"],"type":"string"},"queryParams":{"type":"object","required":[],"properties":{"currency":{"type":"string","description":"BTC or ETH"}}}},"additionalProperties":false},"output":{"type":"object","required":["type"],"properties":{"type":{"type":"string"},"example":{"type":"object"}}}}},"responseSchema":null,"example":null,"exampleRequest":null,"tags":["x402"],"displayCostAmount":"0.003","displayCostAsset":"USDC","priceDynamic":false,"priceHint":null,"priceStatus":"priced","priceSource":"probe","requiresHandshake":false,"reviewCount":0,"rating":{"score":"0.00","successRate":"0.00","reviews":0,"stars":null,"state":"unrated"},"availabilityStatus":"unknown","priceObserved":null,"sessionDeposit":null,"pricing":{"kind":"static","summary":"$0.003/call","primary":{"kind":"static","protocol":"x402","network":"base","amountUsd":"0.003","per":"call","confidence":"exact"},"accepted":[{"kind":"static","protocol":"x402","network":"base","amountUsd":"0.003","per":"call","confidence":"exact"}]},"paymentMethods":[{"uid":"pm_J9mBDvxI9HYgzOiTB0G95","protocol":"x402","methodType":"crypto","chain":"base","mode":"charge","costAmount":"0.003","costPer":"request","priority":0,"asset":"0x833589fCD6eDb6E08f4c7C32D4f71b54bdA02913","unit":"request","depositMicros":null,"planRef":null}],"brandName":null,"brandSlug":null,"brandBaseUrl":null,"brandDocsUrl":null,"whatItDoes":"Returns the BTC or ETH futures term structure from Deribit, including each expiry's price, premium over spot index, annualized basis, and the perpetual's premium.","exampleAgentPrompt":"Can you pull the current BTC futures term structure from Deribit and show me the annualized basis at each expiry so I can evaluate cash-and-carry yields?","exampleUseCases":[{"title":"Cash-and-carry yield screening","prompt":"Show me the annualized basis for BTC futures across all Deribit expiries so I can find the best cash-and-carry trade opportunity right now."},{"title":"ETH market sentiment check","prompt":"Is the ETH futures market currently in contango or backwardation on Deribit? Pull the term structure and tell me what sentiment it implies."},{"title":"Perpetual vs spot premium monitor","prompt":"What's the current BTC perpetual's premium over the spot index on Deribit, and how does it compare to the fixed-expiry futures basis?"}],"resultDescription":"A term structure table for BTC or ETH listing each Deribit futures expiry with its price, premium over the spot index in dollar and percentage terms, and annualized basis rate; plus the perpetual contract's current premium. Useful for evaluating carry trade yields and reading market sentiment.","failureModes":["Invalid currency value (not BTC or ETH) returns an error","Deribit API unavailable or under maintenance causes upstream failure","Network timeout from hosted render.com server during peak load","Missing currency parameter may return a default or error depending on implementation"],"whenToPreferThis":"Use this endpoint when you need Deribit-specific BTC or ETH futures term structure data including annualized basis and perpetual premium. Prefer it over generic exchange APIs when evaluating cash-and-carry arbitrage yields, assessing contango/backwardation, or analyzing crypto derivatives market sentiment. Best suited for quantitative trading agents and crypto-focused financial analysis workflows.","instructions":null,"reviewSummary":null,"reviewSummaryHighlights":null,"reviewSummaryConcerns":null,"reviewSummaryGeneratedAt":null,"activationCount":0,"lastUsedAt":null,"lastSuccessfullyRanAt":null,"lastHealthCheckAt":"2026-10-29T18:28:32.702Z","isFirstParty":false,"canonicalSlug":"crypto-futures-basis-curve-4de3ba3d"}