Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 57.200 | 0 | 0.0000% / 8h | 58m 01s | $1.5M | $1.5M | 20x | Long Variational Omni+15% pts | |
| SHORT | 57.384 | +0.0479 | get 0.0060% / 1h | 58m 01s | $69K | $285K | 10x | Short Deribit |
Price gap+0.322%
Funding gap+0.0479% /8h
Both sides work: funding pays +$14 a day on $10k, and the gap is 0.338% above its 7d average: +$34 more if it goes back.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$39+0.0479% /8h now · paid +0.387% over the last 7D
Price+$34spread +0.322% now, avg −0.016% → +0.338% if it goes back
Costs−$600.601% of $10k · taker + slippage, in and out
Result+$12+0.12%+ Points / potential airdropVariational Omni: points · farm boardWhat 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+0.322%
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: Large against open interest14.2 / 13.5 bp$10k is over 10% of Deribit’s open interest.
- Note: Margin at max leverage$500 + $1,000Variational Omni 20x, Deribit 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: +$14.37Long Variational Omni: 3 payments, $0.00; short Deribit: 24 payments, +$14.37.
- OK: Entry gap works for you+0.322% vs −0.016%You short the dearer leg. If the gap goes back to average, the short gains.
- Watch: Short leg is thinner$69K vs $1.5M OIDeribit sets your exit cost. Check its book before closing.
- OK: Points on a legVariational Omni pointsVolume here counts toward the points program.
- Watch: KYCVariational Omni No · Deribit YesID, proof of address and a financial profile before any deposit; not for the US, Canada, Japan or retail UK clients.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned+0.0184%/8h × 21 periods+$38.74
Price spread+0.322% → −0.016% (7d avg)+$33.82
Slippage, 4 orderslive order books−$53.14
Fee Variational Omni bp × 2 orders$0.00
Fee Deribit bp × 2 orders−$7.00
Net · 7 days · $10k+$12.41
Costs to cover0.601%Break-even4.8 days
Slippage: Variational Omni: RFQ quote, just now; Deribit: live order book, 44 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGVariational Omni3.2014.2 bp−$1422.5 bp−$225doesn’t fitdoesn’t fit
SELL · SHORTDeribit10.0413.5 bp−$1418.5 bp−$185doesn’t fitdoesn’t fit
Closing costs about the same again.
| 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