Funding arb · Price arb /

CRWV

RWAall CRWV markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC−0.0020%/8h= −2.2% APRpaid last 24h −0.071%

Price spread now: Variational Omni against Arcus+0.082%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Arcus Short on Variational Omni

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories

The price spread pays, funding is against you. Variational Omni is 0.082% dearer against Arcus than usual: you sell high and buy low (spread +0.082% now, against zero (this spread has no 7-day history yet)): +$8 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 13 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Arcus CRWV-USD	85.720	0.0040	pay 0.0005% / 1h	59m 21s	$64K	$79K	10x
Short	Variational Omni CRWV	85.790	0.0020	get 0.0020% / 8h	5h 59m	$313K	$309K	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Variational Omni against Arcus. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee ArcusbpFee Variational OmnibpOrdersPrice spread, now +0.082%Rate

Funding earned: −$4.29
Price spread: +0.082% → 0.000%: $8.16
Slippage, 4 orders: no order book: not counted
Fee Arcus: 2.25 bp × 2 orders: −$4.5
Fee Variational Omni: 0 bp × 2 orders: $0
Net: −$0.63
Costs to cover: 0.045%
Break-even: from the start

Slippage unknown: Arcus: no order-book sample; Variational Omni: RFQ quote, 5 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Arcus no order-book sample	—	—	—	—	—
Sell Variational Omni RFQ quote, 5 min ago	2.73 bp	doesn't fit	33.9 bp −$339	doesn't fit	doesn't fit

Arcus: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

CRWV on 22 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster CRWVUSDT	0.0000%	8h	85.829	+0.127%	$37K	$35K	20x	as long as short
OKX CRWV-USDT-SWAP	0.0000%	8h	85.700	−0.023%	$2.6M	$4.6M	25x	as long as short
Gate CRWV_USDT	0.0000%	8h	85.720	0.000%	$5.5M	$3.9M	50x	as long as short
Bitget CRWVUSDT	0.0000%	8h	85.690	−0.035%	$2.1M	$2.0M	20x	as long as short
GRVT CRWV_USDT_Perp	0.0000%	8h	85.790	+0.081%	$2K	$191K	10x	as long as short
SunX CRWV-USDT	0.0000%	8h	85.640	−0.093%	$1K	$4.7M	10x	as long as short
HTX CRWV-USDT	0.0000%	8h	85.830	+0.128%	$140K	$2K	20x	as long as short
QFEX CRWV-USD	+0.0018%	1h	85.650	−0.082%	$1.4M	$2.8M	10x	as long as short
Variational Omni CRWVshort	+0.0020%	8h	85.790	+0.082%	$313K	$309K	—
Lighter CRWV	+0.0032%	1h	85.780	+0.070%	$104K	$29K	10x	as long as short

Show all 22 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter RH CRWV	+0.0032%	1h	85.670	−0.058%	$417K	$357K	10x	as long as short
Arcus CRWV-USDlong	+0.0040%	1h	85.720	long leg	$64K	$79K	10x
Vest CRWV-USD-PERP	+0.0046%	1h	85.720	0.000%	—	$156K	10x	as long as short
tradeXYZ xyz:CRWV	+0.0050%	1h	85.676	−0.051%	$9.7M	$8.2M	10x	as long as short
Ondo Perps CRWV-USD.P	+0.0050%	1h	85.770	+0.058%	$331K	$133K	10x	as long as short
Binance CRWVUSDT	+0.0096%	8h	85.700	−0.023%	$9.6M	$17.1M	25x	as long as short
Extended CRWV-USD	+0.0096%	1h	85.689	−0.036%	$16K	$307K	10x	as long as short
KuCoin CRWVUSDTM	+0.0100%	8h	85.670	−0.058%	$362K	$531K	20x	as long as short
Polymarket Perps CRWV-USD	+0.0260%	1h	85.731	+0.013%	$84K	$288K	10x	as long as short
Phoenix CRWV	+0.0278%	1h	85.810	+0.105%	$1K	$45K	10x	as long as short
Bybit CRWVUSDT	+0.0281%	8h	85.740	+0.023%	$2.2M	$1.2M	25x	as long as short
edgeX CRWVUSDC	+0.0760%	4h	85.798	+0.091%	$88K	$203K	10x	as long as short