Deribit is a Bitcoin and Ethereum trading exchange that enables individuals around the world to engage in futures and options trading.
Minimum block size units when defined as "per transaction" means the sum of the quantities of the legs of the transaction must meet the Minimum Block Size threshold
For a multi-product structure (i.e. Options and Futures) either the Options or the Futures component of the structure should meet the Minimum Block Size threshold
All Deribit products are not US Cleared
Paradigm’s leg pricing methodology attempts to take the quoted strategy prices as entered by the maker and calculate individual leg prices subject to the following broad constraints:
Calculate leg prices as close to the mark as possible
Leg prices must be in increments of minimum tick size
Leg prices must be within the Min and Max prescribed by the exchange for each leg
For options strategies, leg prices must preserve delta relationships:
Trade rejection due to timing differences between initial Price Band check (on Paradigm) and final price band check (on Deribit)
* 20 seconds corresponds to the longest setting for the trade execution window on Paradigm, configurable via the web dashboard.
Manual entry for individual leg prices when Paradigm is unable to calculate leg prices that are “sensical”
Currently, Paradigm does not allow zero or negative prices for the following strategies
Paradigm fees for Deribit products are free.
Log into your Deribit account
Go to My Account and click the API tab
Click Add New Key
In the pop-up window, the *Block Trade field must be set to “read_write” and Trade field: "read" to use our Positions functionality, while everything else can be personal preference
Click Create a new API key
On your Paradigm Dashboard, select Account tab under Derivatives (Listed) → Deribit
Enter a nickname for the Key. Input your Deribit API credentials (i.e. Client ID and Client Secret) you just created
You can add multiple Deribit API keys to your Paradigm Dashboard, then toggle between keys for trading/clearing in that selected Deribit (sub)account
Please see here