Funding arb · Price arb /

CRWV

RWAall CRWV markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC+0.0032%/8h= +3.5% APRpaid last 24h +0.009%

Price spread now: Vest against Variational Omni+0.092%7-day average +0.007% · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Variational Omni Short on Vest

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.040%+$4 on $10k

Price spread, last 4 days (all we have)+0.706%+$71 · spread now +0.092%, 7d avg +0.007%

Together, before fees+0.746%+ Points / potential airdropVariational Omni: Active · Vest: Active · farm board+$75 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Vest is 0.085% dearer against Variational Omni than usual: you sell high and buy low: +$9 more if the spread goes back to its 7-day average of +0.007%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Variational Omni CRWV	85.891	0.0014	pay 0.0014% / 8h	5h 52m	$313K	$309K	—
Short	Vest CRWV-USD-PERP	85.970	0.0046	get 0.0006% / 1h	52m 53s	—	$156K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Vest against Variational Omni. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

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latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee Variational OmnibpFee VestbpOrdersPrice spread, now +0.092%Rate

Funding earned: $6.62
Price spread: +0.092% → +0.007%: $8.51
Slippage, 4 orders: no order book: not counted
Fee Variational Omni: 0 bp × 2 orders: $0
Fee Vest: 1 bp × 2 orders: −$2
Net: $13.13
Costs to cover: 0.020%
Break-even: from the start

Slippage unknown: Variational Omni: RFQ quote, 11 min ago; Vest: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Variational Omni RFQ quote, 11 min ago	2.73 bp	doesn't fit	27.0 bp −$270	doesn't fit	doesn't fit
Sell Vest no order-book sample	—	—	—	—	—

Vest: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

CRWV on 22 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster CRWVUSDT	0.0000%	8h	86.051	+0.186%	$37K	$35K	20x	as long as short
OKX CRWV-USDT-SWAP	0.0000%	8h	85.940	+0.057%	$2.6M	$4.6M	25x	as long as short
Gate CRWV_USDT	0.0000%	8h	85.960	+0.081%	$5.5M	$3.9M	50x	as long as short
Bitget CRWVUSDT	0.0000%	8h	85.860	−0.036%	$2.1M	$2.0M	20x	as long as short
GRVT CRWV_USDT_Perp	0.0000%	8h	85.840	−0.059%	$2K	$191K	10x	as long as short
SunX CRWV-USDT	0.0000%	8h	85.850	−0.048%	$2K	$4.7M	10x	as long as short
HTX CRWV-USDT	0.0000%	8h	85.840	−0.059%	$140K	$2K	20x	as long as short
Variational Omni CRWVlong	+0.0014%	8h	85.891	long leg	$313K	$309K	—
Lighter CRWV	+0.0032%	1h	85.930	+0.046%	$104K	$29K	10x	as long as short
Lighter RH CRWV	+0.0032%	1h	85.860	−0.036%	$418K	$352K	10x	as long as short

Show all 22 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
QFEX CRWV-USD	+0.0032%	1h	85.910	+0.022%	$1.3M	$2.8M	10x	as long as short
Arcus CRWV-USD	+0.0040%	1h	85.840	−0.059%	$64K	$79K	10x	as long as short
Vest CRWV-USD-PERPshort	+0.0046%	1h	85.970	+0.092%	—	$156K	10x
Ondo Perps CRWV-USD.P	+0.0050%	1h	85.870	−0.024%	$331K	$133K	10x	as long as short
Extended CRWV-USD	+0.0096%	1h	85.899	+0.009%	$16K	$307K	10x	as long as short
Binance CRWVUSDT	+0.0098%	8h	85.920	+0.034%	$9.6M	$17.1M	25x	as long as short
KuCoin CRWVUSDTM	+0.0100%	8h	85.860	−0.036%	$364K	$530K	20x	as long as short
tradeXYZ xyz:CRWV	+0.0113%	1h	85.911	+0.023%	$9.7M	$8.2M	10x	as long as short
Phoenix CRWV	+0.0187%	1h	85.920	+0.034%	$1K	$46K	10x	as long as short
Polymarket Perps CRWV-USD	+0.0267%	1h	85.958	+0.078%	$85K	$289K	10x	as long as short
Bybit CRWVUSDT	+0.0287%	8h	85.940	+0.057%	$2.2M	$1.2M	25x	as long as short
edgeX CRWVUSDC	+0.0428%	4h	85.885	−0.007%	$88K	$201K	10x	as long as short