Funding arb · Price arb / RWA

CRWV

RWAAll CRWV markets →

LONGVest Markets▾Phoenix −0.0145%tradeXYZ −0.0109%RISEx −0.0094%Ondo Perps −0.0041%Aster 0.0000%Extended 0.0000%Binance 0.0000%Bybit 0.0000%OKX 0.0000%QFEX 0.0000%Gate 0.0000%MEXC 0.0000%KuCoin 0.0000%Bitget 0.0000%Variational Omni 0.0000%GRVT 0.0000%SunX 0.0000%HTX 0.0000%BloFin +0.0005%AZverse +0.0008%Lighter +0.0032%Lighter RH +0.0032%Arcus +0.0038%Vest Markets +0.0046%BingX +0.0050%Polymarket Perps +0.0050%Avantis +0.0068%SoDEX +0.0100%TxFlow +0.0100%edgeX +0.0612%

⇄⇅

SHORTDeribit▾edgeX +0.0612%SoDEX +0.0100%TxFlow +0.0100%BingX +0.0050%Polymarket Perps +0.0050%Arcus +0.0038%Lighter +0.0032%Lighter RH +0.0032%Avantis −0.0032%AZverse +0.0008%BloFin +0.0005%Aster 0.0000%Extended 0.0000%Binance 0.0000%Bybit 0.0000%OKX 0.0000%QFEX 0.0000%Gate 0.0000%MEXC 0.0000%KuCoin 0.0000%Bitget 0.0000%Variational Omni 0.0000%GRVT 0.0000%SunX 0.0000%HTX 0.0000%Ondo Perps −0.0041%RISEx −0.0094%tradeXYZ −0.0109%Phoenix −0.0145%Deribit −0.0268%

Backtest 30d☆

Leg	Exchange	Price	Fund. /8h	Each payment	Next in	OI	Vol 24h	Lev
LONG	Vest MarketsCRWV-USD-PERP	55.220	+0.0046	pay 0.0006% / 1h	3m 58s	$90K	$318K	10x	Long Vest Markets+5% pts
SHORT	DeribitCRWV_USDC-PERPETUAL	54.967	−0.0268	pay 0.0034% / 1h	3m 58s	$83K	$275K	10x	Short Deribit

Price gap−0.459%

Funding gap−0.0314% /8h

Both sides work against this direction now: funding costs $9 a day on $10k and the gap is 0.698% under its 7d average. Swap the legs.

The current funding rate is far below what this pair has been paying: over the last 7 days it paid +0.176% in total, about +0.0084%/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−0.459%

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

Vest MarketsDeribit

CRWV on 31 exchanges

lowest funding first

Before you open

2 ok · 3 to watch

• i
  Note: Order book unknown—

  No order-book sample for Vest Markets: its slippage is not counted.
• i
  Note: Margin at max leverage$1,000 + $1,000

  Vest Markets 10x, Deribit 10x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
• ✓
  OK: Same payment interval1h / 1h

  Both legs pay at the same time.

  Long Vest Markets · 1h−$1.37

  Short Deribit · 1h−$8.05

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

  Next 24h at the current rates, on $10k a leg: −$9.42Long Vest Markets: 24 payments, −$1.37; short Deribit: 24 payments, −$8.05.
• !
  Watch: Gap narrower than usual−0.459% vs +0.240%

  Less room for the price leg to pay you. If it goes back to average, the short loses.
• !
  Watch: Short leg is thinner$83K vs $90K OI

  Deribit sets your exit cost. Check its book before closing.
• ✓
  OK: Points on a legVest Markets points

  Volume here counts toward the points program.
• !
  Watch: KYCVest Markets No · Deribit Yes

  ID, 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 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+0.0084%/8h × 21 periods+$17.55

Price spread−0.459% → +0.240% (7d avg)−$69.84

Slippage, 4 ordersno data for Vest Markets—

Fee Vest Markets bp × 2 orders−$2.00

Fee Deribit bp × 2 orders−$7.00

Net, fees only · 7 days · $10k−$61.29

Costs to cover0.090%Break-even31.4 days

Slippage: Vest Markets: no order-book sample; Deribit: live order book, 23 min ago

Cost to enter

taker + slippage from mid, one side

Leg½ spr$10k$100k$1M$5M

BUY · LONGVest Markets—————

SELL · SHORTDeribit0.9119.3 bp−$1930.9 bp−$309doesn’t fitdoesn’t fit

Closing costs about the same again.
Vest Markets: no data.

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 →

10-30 11:41	SoDEX	Points	🎉 Happy Points Day! Layer1 Season Week 8 points are LIVE! 🚀 SoDEX Open Interest Hits $312M! Thank you to our growing trading community! 🧡 ⚡ Week 9 Bonus: Trade ZEC-USD, NEAR-USD, BRENTOIL-USD,KORU-USD,MCD-USD,NKE-USD,CRWV-USD,CRWD-USD perps to earn 1.2× SoPoints on trading volume! 🎁 Check your points 👉 @sodex_official on X ↗
10-28 06:13	SoDEX	Other	☁️ AI COMPUTE BOOM: THE NEXT BIG TRADE? 🚀🔥 Big Tech is pouring billions into AI infrastructure! 💰 Broadcom: $63B AI compute financing deal 🔥 SpaceX: $40B GPU financing secured 🚀 Meta: Up to $97.5B in planned equity fundraising 📈 AI infrastructure stocks are back in focus! 📊 Trade the AI compute wave on SoDEX! 🔹 AI Cloud: 🚀 $NBIS +12.61% | $CRWV +8.64% 🔹 AI Expansion: 📈 $SPCX +1.73% | $META -1.66% 🔹 Cloud Giants: ☁️ solana:CWr8CzC1gCz7KhDMSUAjathCoSyVE7MxauNT75Bimoon (GOOGL) +2.32% | $MSFT -0.39% | $AMZN +2.14% 👀 Will AI infrastructure spending fuel the next rally? 👉 @sodex_official on X ↗
10-27 15:07	Vest Markets	Other	Neocloud shares are rebounding from an October selloff, with $NBIS up around 9%, $IREN 6% and $CRWV 5%. Nebius CEO Arkady Volozh said customer advances and other instruments should fund its planned gigawatt, alongside a $3.5B Citi facility and $40B+ in commitments. Trade $NBIS and broader AI infrastructure volatility with a Vest Capital funded account and access up to $50k in trading capital. @VestExchange on X ↗
10-27 12:35	SoDEX	Other	🚀 Week 8 of Layer1 Season is in the books. 🔥 SoDEX open interest has climbed to $312M, surpassing the $300M milestone! A huge thank you to everyone trading, growing their squads, and driving SoDEX forward. ❤️ Eight weeks down. Twelve more to go. ⚡ New Bonus: ZEC-USD, NEAR-USD, BRENTOIL-USD, KORU-USD, MCD-USD, NKE-USD, CRWV-USD, CRWD-USD perps to earn 1.2× SoPoints on trading volume! Let's keep the momentum going! 🚀 @sodex_official on X ↗
10-27 11:38	SoDEX	Other	What These Markets Track $MCD — McDonald's: One of the world's largest restaurant chains, operating a global network of franchised and company-operated restaurants. Its performance is influenced by consumer spending, restaurant traffic, and global economic conditions. $NKE — Nike: A global leader in athletic footwear, apparel, and sportswear, with performance driven by consumer demand, brand strength, product innovation, and international retail trends. $CRWV — CoreWeave: An AI-focused cloud infrastructure provider specializing in GPU-accelerated computing for AI training and inference, offering exposure to growing demand for AI infrastructure and computing capacity. $CRWD — CrowdStrike: A leading cybersecurity company known for its cloud-native Falcon platform, providing AI-powered threat detection, endpoint protection, and enterprise security solutions. @sodex_official on X ↗
10-27 11:38	SoDEX	Other	Listing Details 1. MCD-USD — McDonald's Corporation Trading pair: MCD-USD (Perpetual) Underlying asset: McDonald's Corporation (NYSE: MCD) Trading link: 2. NKE-USD — Nike, Inc. Trading pair: NKE-USD (Perpetual) Underlying asset: Nike, Inc. (NYSE: NKE) Trading link: 3. CRWV-USD — CoreWeave, Inc. Trading pair: CRWV-USD (Perpetual) Underlying asset: CoreWeave, Inc. (Nasdaq: CRWV) Trading link: 4. CRWD-USD — CrowdStrike Holdings, Inc. Trading pair: CRWD-USD (Perpetual) Underlying asset: CrowdStrike Holdings, Inc. (Nasdaq: CRWD) Trading link: @sodex_official on X ↗