Funding arb · Price arb /

CRWV

RWAall CRWV markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC−0.0046%/8h= −5.0% APRpaid last 24h +0.022%

Price spread now: OKX against Vest−0.104%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)−0.063%−$6 · spread now −0.104%, 7d avg +0.006%

Together, before fees−0.056%+ Points / potential airdropVest: Active · farm board−$6 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 0.110% cheaper against Vest than usual: you would sell low and buy high (−$11 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	86.500	0.0046	pay 0.0006% / 1h	59m 13s	—	$156K	10x
Short	OKX CRWV-USDT-SWAP	86.410	0	get 0.0000% / 8h	6h 59m	$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

click an exchange to add or hide it

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 −0.104%Rate

Funding earned: −$9.59
Price spread: −0.104% → +0.006%: −$11.01
Slippage, 4 orders: no order book: not counted
Fee Vest: 1 bp × 2 orders: −$2
Fee OKX: 5 bp × 2 orders: −$10
Net: −$32.6
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	2.31 bp	12.7 bp −$13	35.3 bp −$353	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	86.560	+0.070%	$37K	$35K	20x	as long as short
OKX CRWV-USDT-SWAPshort	0.0000%	8h	86.410	−0.104%	$2.7M	$4.6M	25x
Gate CRWV_USDT	0.0000%	8h	86.380	−0.139%	$5.5M	$3.9M	50x	as long as short
Bitget CRWVUSDT	0.0000%	8h	86.410	−0.104%	$2.2M	$1.9M	20x	as long as short
GRVT CRWV_USDT_Perp	0.0000%	8h	86.444	−0.065%	$2K	$192K	10x	as long as short
SunX CRWV-USDT	0.0000%	8h	86.340	−0.185%	$1K	$4.9M	10x	as long as short
HTX CRWV-USDT	0.0000%	8h	86.460	−0.046%	$141K	$2K	20x	as long as short
BloFin CRWV-USDT	+0.0009%	8h	86.430	−0.081%	$170K	$68K	20x	as long as short
QFEX CRWV-USD	+0.0029%	1h	86.380	−0.139%	$1.4M	$3.1M	10x	as long as short
Lighter CRWV	+0.0032%	1h	86.460	−0.046%	$105K	$30K	10x	as long as short

Show all 23 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter RH CRWV	+0.0032%	1h	86.390	−0.127%	$420K	$354K	10x	as long as short
Vest CRWV-USD-PERPlong	+0.0046%	1h	86.500	long leg	—	$156K	10x
Ondo Perps CRWV-USD.P	+0.0050%	1h	86.310	−0.220%	$333K	$219K	10x	as long as short
Variational Omni CRWV	+0.0060%	8h	86.430	−0.081%	$315K	$391K	—	as long as short
KuCoin CRWVUSDTM	+0.0100%	8h	86.360	−0.162%	$365K	$513K	20x	as long as short
tradeXYZ xyz:CRWV	+0.0120%	1h	86.367	−0.154%	$9.7M	$7.6M	10x	as long as short
Binance CRWVUSDT	+0.0125%	8h	86.390	−0.127%	$9.6M	$17.5M	25x	as long as short
Extended CRWV-USD	+0.0128%	1h	86.369	−0.152%	$14K	$306K	10x	as long as short
Phoenix CRWV	+0.0278%	1h	86.350	−0.173%	$1K	$43K	10x	as long as short
Bybit CRWVUSDT	+0.0304%	8h	86.440	−0.069%	$2.2M	$1.1M	25x	as long as short
Arcus CRWV-USD	+0.0340%	1h	86.380	−0.139%	$64K	$78K	10x	as long as short
Polymarket Perps CRWV-USD	+0.0439%	1h	86.520	+0.023%	$71K	$263K	10x	as long as short
edgeX CRWVUSDC	+0.0971%	4h	86.392	−0.125%	$89K	$202K	10x	as long as short