Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 56.820 | +0.0141 | pay 0.0018% / 1h | 47m 06s | $21K | $131K | 10x | Long Phoenix | |
| SHORT | 56.920 | +0.0120 | get 0.0015% / 1h | 47m 06s | $192K | $398K | — | Short AZverse |
Price gap+0.176%
Funding gap−0.0022% /8h
The gap pays +$19 on $10k if it goes back to its 7d average, but funding costs $1 a day and eats that in about 29 days. At the last 7 days' pace that is about 33 hours.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$18−0.0022% /8h now · paid −0.182% over the last 1 day (all we have)
Price+$19spread +0.176% now, avg −0.012% → +0.188% if it goes back
Costsno datano order book for AZverse
Result, before costs+$1+0.01%no pointscosts unknown: no order book for AZverse · What the last 7D really paid, hour by hour → backtest
Price and funding
1h · historyEntry / Exit
Price spread
Prices
Fundingper 8h
ENTRY / EXIT · 7D
Entry now—
Entry average—
Best entry—
Exit now—
Exit average—
Best exit—
Exit free—
PRICE SPREAD · 7D
Now+0.176%
Average—
Range—
Wider than now—
FUNDING SPREAD · 7D
Average /8h—
Highest—
Lowest—
Paid you—
Where the spread has been, last 7D▾
share of time at each level
Funding on every exchange
/8hCRWV on 30 exchanges
lowest funding firstBefore you open
3 ok · 1 to watch- Note: Order book unknown—No order-book sample for AZverse: its slippage is not counted.
- Note: Margin at max leverage$1,000 + —Phoenix 10x, AZverse —. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- OK: Same payment interval1h / 1hBoth legs pay at the same time.Next 24h at the current rates, on $10k a leg: −$0.65Long Phoenix: 24 payments, −$4.24; short AZverse: 24 payments, +$3.59.
- OK: Entry gap works for you+0.176% vs −0.012%You short the dearer leg. If the gap goes back to average, the short gains.
- Watch: Long leg is thinner$21K vs $192K OIPhoenix sets your exit cost. Check its book before closing.
- Note: No points program—Neither exchange runs points right now.
- OK: No KYC on either legPhoenix No · AZverse NoBoth exchanges let you trade without ID.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0452%/8h × 21 periods−$94.97
Price spread+0.176% → −0.012% (7d avg)+$18.75
Slippage, 4 ordersno data for AZverse—
Fee Phoenix bp × 2 orders−$7.00
Fee AZverse bp × 2 orders−$12.00
Net, fees only · 7 days · $10k−$95.22
Costs to cover0.190%Break-evennever at this rate
Slippage: Phoenix: live order book, 65 min ago; AZverse: no order-book sampleCost to enter
taker + slippage from mid, one sideBUY · LONGPhoenix3.5115.1 bp−$1534.0 bp−$340doesn’t fitdoesn’t fit
SELL · SHORTAZverse—————
Closing costs about the same again.
AZverse: no data.
| 10-26 13:30 | Vest Markets | Other | Into the open, $CRWV is down around 4%, leading neocloud shares lower with $NBIS and $IREN down around 3%. Elon Musk said Sunday that debt markets have nearly shut off financing for firms lacking non-AI revenue, with 200+ neoclouds facing consolidation. Trade $CRWV and broader AI infrastructure volatility with a Vest Capital funded account and access up to $50k in trading capital. @VestExchange on X ↗ |
| 10-25 09:09 | AZverse | Listing | new market crwv_usdt ($CRWV) seen by our collector |
| 10-21 14:38 | RISEx | Listing | $CRWV is now live on RISEx, up to 10x. The read: CoreWeave rents NVIDIA GPUs to big tech. Meta alone is a $21B customer, and it will report after the close today. If Meta keeps spending, the AI build-out keeps getting funded. Otherwise, CRWV is likely to feel it first. @risextrade on X ↗ |
| 10-21 08:06 | RISEx | Listing | new market CRWV/USDC ($CRWV) seen by our collector |
| 10-20 13:30 | Vest Markets | Other | Into the open, $CRWV is down around 3%, trading near the 52-week low it touched on Monday. HSBC estimates an average return on invested capital of 8.9% through 2030, below its cost of borrowing, against more than $51 billion in debt. Trade $CRWV volatility with a Vest Capital funded account and access up to $25k in trading capital. @VestExchange on X ↗ |
| 10-19 23:30 | Kalshi | Other | JUST IN: Goldman Sachs upgrades CoreWeave to Buy @Kalshi on X ↗ |

RISEx
Kalshi