Deribit Puts Public Open-Interest Data on an Eight-Hour Delay

Deribit has put public open-interest data across its futures and options markets on an eight-hour delay, leaving Bitcoin (BTC) traders to compare live prices with older position data.

The change covers every futures and options instrument on the exchange. Open interest counts positions that remain open, so the public figure reflects an earlier snapshot and cannot show on its own whether traders opened or closed positions during the intervening eight hours.

The lag also affects analysis that uses the delayed figures. Max-pain calculations, for example, use open interest and will therefore be based on older positions.

Deribit made the change during scheduled maintenance Tuesday, Nov. 10. The maintenance was set to begin at 4 a.m. ET (9 a.m. UTC) and last about 45 minutes. The platform later returned to fully operational status, and trading resumed.

The eight-hour lag applies to public open-interest data, while trade execution and risk updates remain real time. Deribit separately offers delayed publication for qualifying large Block RFQ trades when enabled on request. That feature applies to those trades; the open-interest delay spans futures and options markets whether or not a trade is delayed.