Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 54.953 | +0.0228 | pay 0.0228% / 8h | 6h 44m | $1.1M | $196K | 20x | Long Variational Omni+15% pts | |
| SHORT | 53.965 | L +0.0681S −0.0645 | get 0.0081% / 1h | 44m 12s | $61K | — | 10x | Short Avantis |
Price gap−1.798%
Funding gap+0.0417% /8h
Funding pays +$12 a day on $10k, but the gap is 1.798% under zero (no 7-day history yet): −$180 if it goes back, about 14 days of funding.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$18+0.0417% /8h now · paid −0.178% over the last 7D
Price—spread −1.798% now · no price history on both exchanges yet
Costsno datano order book for Avantis
Result, before costs—+ Points / potential airdropVariational Omni: points · Avantis: Season 3 · farm boardneeds both price histories
The current funding rate is far above what this pair has been paying: over the last 7 days it paid −0.178% in total, about −0.0085%/8h on average.
Price and funding
1h · historyPrice spread
Prices
Fundingper 8h
PRICE SPREAD · 7D
Now−1.798%
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 · 2 to watch- Note: Order book unknown—No order-book sample for Avantis: its slippage is not counted.
- Note: Margin at max leverage$500 + $1,000Variational Omni 20x, Avantis 10x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- Watch: Payment intervals differ8h / 1hPayments land at different times. Close right after the slower leg pays.Next 24h at the current rates, on $10k a leg: +$12.50Long Variational Omni: 3 payments, −$6.84; short Avantis: 24 payments, +$19.34.
- Note: No 7-day spread history−1.798%The gap cannot be compared with its average yet.
- Watch: Short leg is thinner$61K vs $1.1M OIAvantis sets your exit cost. Check its book before closing.
- OK: Points on a legVariational Omni points · Avantis Season 3Volume here counts toward the points program.
- OK: No KYC on either legVariational Omni No · Avantis NoBoth exchanges let you trade without ID.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0085%/8h × 21 periods−$17.83
Price spread−1.798% → 0−$179.85
Slippage, 4 ordersno data for Avantis—
Fee Variational Omni bp × 2 orders$0.00
Fee Avantis bp × 2 orders−$9.00
Net, fees only · 7 days · $10k−$206.68
Costs to cover0.090%Break-evennever at this rate
Slippage: Variational Omni: RFQ quote, 4 min ago; Avantis: no order-book sampleCost to enter
taker + slippage from mid, one sideBUY · LONGVariational Omni3.2614.4 bp−$1424.4 bp−$244doesn’t fitdoesn’t fit
SELL · SHORTAvantis—————
Closing costs about the same again.
Avantis: no data.
| 10-25 09:09 | AZverse | Listing | new market crwv_usdt ($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 ↗ |


RISEx
Kalshi