Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 51.956 | +0.0060 | pay 0.0007% / 1h | 6m 58s | $94K | $336K | 10x | Long RISExInvite | |
| SHORT | 51.882 | 0 | 0.0000% / 8h | 5h 06m | $1.4M | $1.0M | 20x | Short Variational Omni+15% pts |
Price gap−0.142%46s
Funding gap−0.0060% /8h
Both sides work against this direction now: funding costs $2 a day on $10k and the gap is 0.040% under its 7d average. Swap the legs.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$6−0.0060% /8h now · paid −0.059% over the last 5 days (all we have)
Price—spread −0.142%46s now · prices read too far apart to compare
Costs−$390.390% of $10k · taker + slippage, in and out
Result—+ Points / potential airdropVariational Omni: points · farm boardneeds both prices read together
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−0.142%
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
2 ok · 4 to watch- Watch: Thin at this size4.9 / 16.1 bpAt $10k entering Variational Omni costs 16.1 bp, fee and slippage, 3.3× RISEx’s.
- Note: Margin at max leverage$1,000 + $500RISEx 10x, Variational Omni 20x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- Watch: Payment intervals differ1h / 8hPayments land at different times. Close right after the slower leg pays.Next 24h at the current rates, on $10k a leg: −$1.80Long RISEx: 24 payments, −$1.80; short Variational Omni: 3 payments, $0.00.
- Watch: Prices read 46 s apart−0.142% vs −0.102%Part of this gap may be the market moving.
- Watch: Long leg is thinner$94K vs $1.4M OIRISEx sets your exit cost. Check its book before closing.
- OK: Points on a legVariational Omni pointsVolume here counts toward the points program.
- OK: No KYC on either legRISEx No · Variational Omni NoBoth exchanges let you trade without ID.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0040%/8h × 21 periods−$8.48
Price spreadprices read too far apart to compare—
Slippage, 4 orderslive order books−$33.03
Fee RISEx bp × 2 orders−$6.00
Fee Variational Omni bp × 2 orders$0.00
Net · 7 days · $10k−$47.51
price spread not counted: prices read too far apartCosts to cover0.390%Break-evennever at this rate
Slippage: RISEx: live order book, 48 min ago; Variational Omni: RFQ quote, 3 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGRISEx1.914.9 bp−$59.2 bp−$92doesn’t fitdoesn’t fit
SELL · SHORTVariational Omni3.3616.1 bp−$1625.7 bp−$257doesn’t fitdoesn’t fit
Closing costs about the same again.
| 10-25 09:09 | AZverse | Listing | new market crwv_usdt ($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 ↗ |
| 10-18 00:45 | Arcus | Other | This weekend, memory stocks swept ~7% in minutes on perp markets, on no news, then bounced most of the way back. On Arcus, price bands held the move. Outside regular trading hours, perps trading and the mark price are constrained to a range around the last regular-hours price. The range widens only if sustained pressure builds - so a flash wick in thin weekend liquidity can't instantly mark positions down. The result on Saturday: 44.4k orders were rejected at the band floor, and 98% of open positions on SKHY, SNDK, MU, DRAM, CRWV, and BE made it through the wick without being liquidated. Price bands don't make liquidation impossible - a real, sustained move will still move the mark. They exist so you aren't liquidated by ten minutes of thin liquidity. How off-hours protection works: @arcus_xyz on X ↗ |
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