Funding arb · Price arb /

CRWV

RWAall CRWV markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC−0.0046%/8h= −5.0% APRpaid last 24h +0.022%

Price spread now: OKX against Vest−0.115%7-day average +0.006% · you buy dearer than you sell

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

Long on Vest Short on OKX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.008%+$1 on $10k

Price spread, last 3 days (all we have)−0.052%−$5 · spread now −0.115%, 7d avg +0.006%

Together, before fees−0.044%+ Points / potential airdropVest: Active · farm board−$4 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and OKX is 0.122% cheaper against Vest than usual: you would sell low and buy high (−$12 if the spread goes back to its 7-day average of +0.006%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Vest CRWV-USD-PERP	86.590	0.0046	pay 0.0006% / 1h	24m 30s	—	$156K	10x
Short	OKX CRWV-USDT-SWAP	86.490	0	get 0.0000% / 8h	7h 24m	$2.7M	$4.6M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX against Vest. 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 VestbpFee OKXbpOrdersPrice spread, now −0.115%Rate

Funding earned: −$9.59
Price spread: −0.115% → +0.006%: −$12.15
Slippage, 4 orders: no order book: not counted
Fee Vest: 1 bp × 2 orders: −$2
Fee OKX: 5 bp × 2 orders: −$10
Net: −$33.75
Costs to cover: 0.120%
Break-even: never at this rate

Slippage unknown: Vest: no order-book sample; OKX: live order book, 3 min ago. 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 Vest no order-book sample	—	—	—	—	—
Sell OKX live order book, 3 min ago	4.62 bp	16.9 bp −$17	38.7 bp −$387	doesn't fit	doesn't fit

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 23 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	86.634	+0.051%	$37K	$35K	20x	as long as short
OKX CRWV-USDT-SWAPshort	0.0000%	8h	86.490	−0.115%	$2.7M	$4.6M	25x
Gate CRWV_USDT	0.0000%	8h	86.490	−0.115%	$5.6M	$3.9M	50x	as long as short
Bitget CRWVUSDT	0.0000%	8h	86.500	−0.104%	$2.3M	$1.9M	20x	as long as short
SunX CRWV-USDT	0.0000%	8h	86.440	−0.173%	$2K	$5.0M	10x	as long as short
HTX CRWV-USDT	0.0000%	8h	86.620	+0.035%	$142K	$2K	20x	as long as short
BloFin CRWV-USDT	+0.0011%	8h	86.650	+0.069%	$172K	$69K	20x	as long as short
QFEX CRWV-USD	+0.0029%	1h	86.440	−0.173%	$1.4M	$3.2M	10x	as long as short
Lighter CRWV	+0.0032%	1h	86.580	−0.012%	$105K	$32K	10x	as long as short
Lighter RH CRWV	+0.0032%	1h	86.470	−0.139%	$420K	$357K	10x	as long as short

Show all 23 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Vest CRWV-USD-PERPlong	+0.0046%	1h	86.590	long leg	—	$156K	10x
Ondo Perps CRWV-USD.P	+0.0050%	1h	86.380	−0.243%	$333K	$218K	10x	as long as short
GRVT CRWV_USDT_Perp	+0.0058%	8h	86.570	−0.023%	$2K	$198K	10x	as long as short
Variational Omni CRWV	+0.0080%	8h	86.556	−0.040%	$316K	$391K	—	as long as short
KuCoin CRWVUSDTM	+0.0100%	8h	86.480	−0.127%	$367K	$512K	20x	as long as short
Extended CRWV-USD	+0.0144%	1h	86.459	−0.151%	$17K	$362K	10x	as long as short
Binance CRWVUSDT	+0.0145%	8h	86.468	−0.140%	$9.7M	$17.5M	25x	as long as short
tradeXYZ xyz:CRWV	+0.0155%	1h	86.461	−0.149%	$9.7M	$7.6M	10x	as long as short
Bybit CRWVUSDT	+0.0247%	8h	86.530	−0.069%	$2.2M	$1.2M	25x	as long as short
Phoenix CRWV	+0.0278%	1h	86.560	−0.035%	$1K	$44K	10x	as long as short
Arcus CRWV-USD	+0.0340%	1h	86.470	−0.139%	$64K	$78K	10x	as long as short
Polymarket Perps CRWV-USD	+0.0380%	1h	86.633	+0.050%	$71K	$254K	10x	as long as short
edgeX CRWVUSDC	+0.0545%	4h	86.562	−0.033%	$89K	$201K	10x	as long as short