Funding arb · Price arb /

CRWV

RWAall CRWV markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC−0.0030%/8h= −3.3% APRpaid last 24h +0.004%

Price spread now: Vest against GRVT+0.110%7-day average 0.000% · you sell dearer than you buy

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

Long on GRVT Short on Vest

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.043%+$4 on $10k

Price spread, last 3 days (all we have)+0.096%+$10 · spread now +0.110%, 7d avg 0.000%

Together, before fees+0.139%+ Points / potential airdropGRVT: Active · Vest: Active · farm board+$14 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Vest is 0.110% dearer against GRVT than usual: you sell high and buy low (spread +0.110% now, against its 7-day average of 0.000%): +$11 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 12 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	GRVT CRWV_USDT_Perp	86.505	0.0076	pay 0.0076% / 8h	7h 51m	$3K	$201K	10x
Short	Vest CRWV-USD-PERP	86.600	0.0046	get 0.0006% / 1h	51m 25s	—	$156K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Vest against GRVT. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

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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 GRVTbpFee VestbpOrdersPrice spread, now +0.110%Rate

Funding earned: −$6.37
Price spread: +0.110% → 0.000%: $10.95
Slippage, 4 orders: no order book: not counted
Fee GRVT: 4.5 bp × 2 orders: −$9
Fee Vest: 1 bp × 2 orders: −$2
Net: −$6.41
Costs to cover: 0.110%
Break-even: never at this rate

Slippage unknown: GRVT: live order book, 17 min ago; Vest: no order-book sample. 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 GRVT live order book, 17 min ago	2.32 bp	13.2 bp −$13	25.0 bp −$250	doesn't fit	doesn't fit
Sell Vest no order-book sample	—	—	—	—	—

Vest: 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 23 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	86.619	+0.132%	$37K	$35K	20x	as long as short
OKX CRWV-USDT-SWAP	0.0000%	8h	86.550	+0.052%	$2.7M	$4.6M	25x	as long as short
Gate CRWV_USDT	0.0000%	8h	86.490	−0.018%	$5.6M	$3.9M	50x	as long as short
Bitget CRWVUSDT	0.0000%	8h	86.480	−0.029%	$2.3M	$1.9M	20x	as long as short
SunX CRWV-USDT	0.0000%	8h	86.440	−0.075%	$2K	$5.2M	10x	as long as short
HTX CRWV-USDT	0.0000%	8h	86.520	+0.017%	$141K	$2K	20x	as long as short
BloFin CRWV-USDT	+0.0004%	8h	86.550	+0.052%	$171K	$69K	20x	as long as short
QFEX CRWV-USD	+0.0029%	1h	86.450	−0.064%	$1.3M	$3.3M	10x	as long as short
Lighter CRWV	+0.0032%	1h	86.570	+0.075%	$105K	$32K	10x	as long as short
Lighter RH CRWV	+0.0032%	1h	86.470	−0.041%	$422K	$354K	10x	as long as short

Show all 23 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Vest CRWV-USD-PERPshort	+0.0046%	1h	86.600	+0.110%	—	$156K	10x
Ondo Perps CRWV-USD.P	+0.0050%	1h	86.390	−0.133%	$334K	$218K	10x	as long as short
edgeX CRWVUSDC	+0.0059%	4h	86.487	−0.021%	$89K	$201K	10x	as long as short
Variational Omni CRWV	+0.0060%	8h	86.472	−0.039%	$316K	$391K	—	as long as short
GRVT CRWV_USDT_Perplong	+0.0076%	8h	86.505	long leg	$3K	$201K	10x
KuCoin CRWVUSDTM	+0.0100%	8h	86.430	−0.087%	$365K	$514K	20x	as long as short
Extended CRWV-USD	+0.0136%	1h	86.472	−0.038%	$16K	$230K	10x	as long as short
Binance CRWVUSDT	+0.0138%	8h	86.485	−0.024%	$9.6M	$18.0M	25x	as long as short
tradeXYZ xyz:CRWV	+0.0148%	1h	86.466	−0.045%	$9.7M	$7.6M	10x	as long as short
Bybit CRWVUSDT	+0.0185%	8h	86.530	+0.029%	$2.2M	$1.2M	25x	as long as short
Phoenix CRWV	+0.0278%	1h	86.510	+0.006%	$1K	$44K	10x	as long as short
Polymarket Perps CRWV-USD	+0.0334%	1h	86.540	+0.040%	$71K	$254K	10x	as long as short
Arcus CRWV-USD	+0.0340%	1h	86.450	−0.064%	$64K	$79K	10x	as long as short