Funding arb · Price arb / RWA

CRWV

RWAAll CRWV markets →

LONGVariational Omni▾edgeX −0.0887%Aster 0.0000%Extended 0.0000%Binance 0.0000%OKX 0.0000%Gate 0.0000%MEXC 0.0000%Bitget 0.0000%Variational Omni 0.0000%GRVT 0.0000%SunX 0.0000%QFEX +0.0019%Lighter +0.0032%KuCoin +0.0035%Ondo Perps +0.0050%Polymarket Perps +0.0051%Deribit +0.0057%Vest Markets +0.0063%Lighter RH +0.0064%tradeXYZ +0.0081%TxFlow +0.0100%BloFin +0.0120%AZverse +0.0129%Avantis +0.0145%HTX +0.0198%Bybit +0.0237%BingX +0.0246%Phoenix +0.0607%Arcus +0.0923%

⇄⇅

SHORTRISEx▾Arcus +0.0923%Phoenix +0.0607%BingX +0.0246%Bybit +0.0237%RISEx +0.0211%HTX +0.0198%AZverse +0.0129%BloFin +0.0120%Avantis −0.0108%TxFlow +0.0100%tradeXYZ +0.0081%Lighter RH +0.0064%Vest Markets +0.0063%Deribit +0.0057%Polymarket Perps +0.0051%Ondo Perps +0.0050%KuCoin +0.0035%Lighter +0.0032%QFEX +0.0019%Aster 0.0000%Extended 0.0000%Binance 0.0000%OKX 0.0000%Gate 0.0000%MEXC 0.0000%Bitget 0.0000%GRVT 0.0000%SunX 0.0000%edgeX −0.0887%

Backtest 30d☆

Leg	Exchange	Price	Fund. /8h	Each payment	Next in	OI	Vol 24h	Lev
LONG	Variational OmniCRWV	52.803	0	0.0000% / 8h	6h 16m	$1.4M	$962K	20x	Long Variational Omni+15% pts
SHORT	RISExCRWV/USDC	52.915	+0.0211	get 0.0026% / 1h	16m 56s	$87K	$326K	10x	Short RISExInvite

Price gap+0.211%46s

Funding gap+0.0211% /8h

Both sides work: funding pays +$6 a day on $10k, and the gap is 0.103% above its 7d average: +$10 more if it goes back.

The current funding rate is far above what this pair has been paying: over the last 5 days it paid +0.056% in total, about +0.0039%/8h on average.

Price and funding

Entry / ExitPrice spreadPricesFundingLeg ratesP&L

1m5m15m1h

1h · history

24H3D7D14D30D90D

Entry / Exit?

Price spread?

Prices?

Funding?per 8h

ENTRY / EXIT · 7D

Entry now—

Entry average—

Best entry—

Exit now—

Exit average—

Best exit—

Exit free—

PRICE SPREAD · 7D

Now+0.211%

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

/8h

24H3D7D14D30D90D

Variational OmniRISEx

CRWV on 30 exchanges

lowest funding first

Before you open

2 ok · 4 to watch

• !
  Watch: Thin at this size15.3 / 4.9 bp

  At $10k entering Variational Omni costs 15.3 bp, fee and slippage, 3.1× RISEx’s.
• i
  Note: Margin at max leverage$500 + $1,000

  Variational Omni 20x, RISEx 10x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
• !
  Watch: Payment intervals differ8h / 1h

  Payments land at different times. Close right after the slower leg pays.

  Long Variational Omni · 8h$0.00

  Short RISEx · 1h+$6.33

  now+6h+12h+18h+24h

  Next 24h at the current rates, on $10k a leg: +$6.33Long Variational Omni: 3 payments, $0.00; short RISEx: 24 payments, +$6.33.
• !
  Watch: Prices read 46 s apart+0.211% vs +0.108%

  Part of this gap may be the market moving.
• !
  Watch: Short leg is thinner$87K vs $1.4M OI

  RISEx sets your exit cost. Check its book before closing.
• ✓
  OK: Points on a legVariational Omni points

  Volume here counts toward the points program.
• ✓
  OK: No KYC on either legVariational Omni No · RISEx No

  Both exchanges let you trade without ID.

Profit calculator

both legs, in and out

Position, each leg

$10k$100k$1M

Hold for

1 day7 days30 days

Orders

takermaker

Price spread

to 7d avgclosesnot counted

Funding rate

range avgcurrent

Funding earned+0.0039%/8h × 21 periods+$8.19

Price spreadprices read too far apart to compare—

Slippage, 4 orderslive order books−$35.02

Fee Variational Omni bp × 2 orders$0.00

Fee RISEx bp × 2 orders−$6.00

Net · 7 days · $10k−$32.83

price spread not counted: prices read too far apart

Costs to cover0.410%Break-even35.1 days

Slippage: Variational Omni: RFQ quote, 3 min ago; RISEx: live order book, 42 min ago

Cost to enter

taker + slippage from mid, one side

Leg½ spr$10k$100k$1M$5M

BUY · LONGVariational Omni4.8515.3 bp−$1525.7 bp−$257doesn’t fitdoesn’t fit

SELL · SHORTRISEx1.894.9 bp−$58.7 bp−$87doesn’t fitdoesn’t fit

Closing costs about the same again.

Alert

FundingSpread

Tell me when it goes above%/8hNot more often than everymin

Create alert

FundingPrice spread

I'm in

CRWV news

posts that mention CRWV or CoreWeave, from every exchangeSearch all news →

10-25 09:09	AZAZverse	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 ↗