Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 240.46 | +0.0271 | pay 0.0271% / 8h | 1h 44m | $994K | $2.4M | — | Long BingX | |
| SHORT | 240.18 | +0.0186 | get 0.0186% / 8h | 1h 44m | $2.0M | $1.0M | 20x | Short Variational Omni+15% pts |
Price gap−0.115%
Funding gap−0.0085% /8h
Both sides work against this direction now: funding costs $3 a day on $10k and the gap is 0.065% under its 7d average. Swap the legs.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$15−0.0085% /8h now · paid −0.152% over the last 7D
Price−$7spread −0.115% now, avg −0.050% → −0.065% if it goes back
Costs−$530.531% of $10k · taker + slippage, in and out
Result−$75−0.75%+ Points / potential airdropVariational Omni: points · farm boardWhat the last 7D really paid, hour by hour → backtest
Price and funding
1h · loading 5m…Price spread
Prices
Fundingper 8h
P&L
PRICE SPREAD · 7D
Now−0.115%
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
/8hNBIS on 33 exchanges
lowest funding firstBefore you open
2 ok · 4 to watch- Watch: Thin at this size8.1 / 22.0 bpAt $10k entering Variational Omni costs 22.0 bp, fee and slippage, 2.7× BingX’s.
- Note: Margin at max leverage— + $500BingX —, Variational Omni 20x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- OK: Same payment interval8h / 8hBoth legs pay at the same time.Next 24h at the current rates, on $10k a leg: −$2.56Long BingX: 3 payments, −$8.13; short Variational Omni: 3 payments, +$5.57.
- Watch: Gap narrower than usual−0.115% vs −0.050%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Watch: Long leg is thinner$994K vs $2.0M OIBingX sets your exit cost. Check its book before closing.
- OK: Points on a legVariational Omni pointsVolume here counts toward the points program.
- Watch: KYCBingX Yes · Variational Omni NoAdvanced KYC to deposit or trade; unverified accounts can only withdraw, up to 20,000 USDT a day. Rules vary by region.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0073%/8h × 21 periods−$15.24
Price spread−0.115% → −0.050% (7d avg)−$6.54
Slippage, 4 orderslive order books−$43.15
Fee BingX bp × 2 orders−$10.00
Fee Variational Omni bp × 2 orders$0.00
Net · 7 days · $10k−$74.93
Costs to cover0.531%Break-evennever at this rate
Slippage: BingX: live order book, 8 min ago; Variational Omni: RFQ quote, 3 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGBingX0.218.1 bp−$817.5 bp−$17570.6 bp−$7,056280.4 bp−$140.2K
SELL · SHORTVariational Omni4.5322.0 bp−$2238.8 bp−$388doesn’t fitdoesn’t fit
Closing costs about the same again.
| 09-24 16:13 | Entropy | Other | $NBIS max leverage has been increased to 15x. @entropyIO on X ↗ |
| 09-24 15:30 | Vest Markets | Other | Trade $NBIS volatility with a Vest Capital funded account and access up to $25k in trading capital at: @VestExchange on X ↗ |
| 09-24 15:30 | Vest Markets | Other | $NBIS is drawing buyers on its October 1 AI compute price increases, with the stock up around 6% on the session. The increases run 17% to 21% on on-demand $NVDA GPU instances, covering the H100 through B300 lines, the second round in three months. BNP Paribas Exane raised its rating to Outperform today, with a $399 price target, from $260, citing that pricing power. @VestExchange on X ↗ |
| 09-22 19:31 | Vest Markets | Other | Heading into the close, CoreWeave's Remote Key Encryption counts $IBM as a launch partner, with $CRWV up around 1.6%. Rothschild & Co Redburn started $CRWV at Sell with a $54 price target, and $NBIS at Sell with an $84 price target, alongside six AI-focused miners at Neutral. Trade $CRWV volatility with a Vest Capital funded account and access up to $25k in trading capital. @VestExchange on X ↗ |
| 09-21 16:30 | Vest Markets | Other | AI cloud names are extending last week's rally, with $NBIS up around 4.4% on the session. Rothschild & Co Redburn started coverage at Sell, flagging cyclically inflated AI valuations and credit-market stress for the neocloud group. $NBIS has still added about 118% over the past twelve months, and trades about 22% below its 52-week high. @VestExchange on X ↗ |
| 09-21 13:35 | gTrade (Gains Network) | Listing | new market NBIS/USD ($NBIS) seen by our collector |


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