Funding arb · Price arb /

CRWV

RWAall CRWV markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0162%/8hnext payment −$1.62 per $10,000 · paid last 24h −0.100%

Price spread now: Variational Omni against Bybit+0.121%7-day average −0.003% · you sell dearer than you buy

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

Long on Bybit Short on Variational Omni

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.157%−$16 on $10k

Price spread, last 3 days (all we have)+0.131%+$13 · spread now +0.121%, 7d avg −0.003%

Together, before fees−0.026%+ Points / potential airdropVariational Omni: Active · farm board−$3 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Variational Omni is 0.125% dearer against Bybit than usual: you sell high and buy low (spread +0.121% now, against its 7-day average of −0.003%): +$12 on $10k if it goes back. Holding the pair costs −$5 a day in funding at the current rate, which eats that in about 2.6 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit CRWVUSDT	86.270	0.0162	pay 0.0162% / 8h	4h 21m	$2.2M	$1.3M	25x
Short	Variational Omni CRWV	86.375	0	get 0.0000% / 8h	4h 21m	$321K	$410K	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Variational Omni against Bybit. 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 BybitbpFee Variational OmnibpOrdersPrice spread, now +0.121%Rate

Funding earned: −$34.06
Price spread: +0.121% → −0.003%: $12.47
Slippage, 4 orders: no order book: not counted
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee Variational Omni: 0 bp × 2 orders: $0
Net: −$32.59
Costs to cover: 0.110%
Break-even: from the start

Slippage unknown: Bybit: live order book, 9 min ago; Variational Omni: RFQ quote, 11 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 Bybit live order book, 9 min ago	2.90 bp	19.7 bp −$20	66.7 bp −$667	doesn't fit	doesn't fit
Sell Variational Omni RFQ quote, 11 min ago	3.66 bp	doesn't fit	32.9 bp −$329	doesn't fit	doesn't fit

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
BloFin CRWV-USDT	−0.0011%	8h	86.260	−0.012%	$181K	$57K	20x	as long as short
Aster CRWVUSDT	0.0000%	8h	86.232	−0.044%	$37K	$33K	20x	as long as short
Extended CRWV-USD	0.0000%	1h	86.277	+0.008%	$14K	$228K	10x	as long as short
Binance CRWVUSDT	0.0000%	8h	86.278	+0.009%	$9.8M	$17.6M	25x	as long as short
OKX CRWV-USDT-SWAP	0.0000%	8h	86.270	0.000%	$2.8M	$4.4M	25x	as long as short
Gate CRWV_USDT	0.0000%	8h	86.230	−0.046%	$5.5M	$4.0M	50x	as long as short
Bitget CRWVUSDT	0.0000%	8h	86.270	0.000%	$2.3M	$1.9M	20x	as long as short
Variational Omni CRWVshort	0.0000%	8h	86.375	+0.121%	$321K	$410K	—
GRVT CRWV_USDT_Perp	0.0000%	8h	86.352	+0.095%	$2K	$216K	10x	as long as short
SunX CRWV-USDT	0.0000%	8h	86.290	+0.023%	$2K	$5.4M	10x	as long as short

Show all 23 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
HTX CRWV-USDT	0.0000%	8h	86.350	+0.093%	$141K	$2K	20x	as long as short
Lighter CRWV	+0.0032%	1h	86.270	0.000%	$104K	$31K	10x	as long as short
Lighter RH CRWV	+0.0032%	1h	86.240	−0.035%	$429K	$451K	10x	as long as short
QFEX CRWV-USD	+0.0043%	1h	86.260	−0.012%	$1.3M	$3.1M	10x	as long as short
Vest CRWV-USD-PERP	+0.0046%	1h	86.320	+0.058%	—	$140K	10x	as long as short
tradeXYZ xyz:CRWV	+0.0050%	1h	86.204	−0.077%	$9.7M	$7.0M	10x	as long as short
Ondo Perps CRWV-USD.P	+0.0050%	1h	86.120	−0.174%	$332K	$233K	10x	as long as short
KuCoin CRWVUSDTM	+0.0100%	8h	86.240	−0.035%	$365K	$530K	20x	as long as short
Polymarket Perps CRWV-USD	+0.0142%	1h	86.299	+0.034%	$77K	$173K	10x	as long as short
Bybit CRWVUSDTlong	+0.0162%	8h	86.270	long leg	$2.2M	$1.3M	25x
Phoenix CRWV	+0.0184%	1h	86.260	−0.012%	$1K	$44K	10x	as long as short
edgeX CRWVUSDC	+0.0533%	4h	86.350	+0.092%	$89K	$199K	10x	as long as short
Arcus CRWV-USD	+0.0734%	1h	86.260	−0.012%	$77K	$61K	10x	as long as short