NBIS

Leg	Exchange	Price	Fund. /8h	Each payment	Next in	OI	Vol 24h	Lev
LONG	DeribitNBIS_USDC-PERPETUAL	138.05	+0.0040	pay 0.0005% / 1h	16m 25s	$468K	$637K	10x	Long Deribit
SHORT	BybitNBISUSDT	138.22	+0.0021	get 0.0021% / 8h	16m 25s	$13.5M	$12.9M	50x	Short Bybit

Price gap+0.127%

Funding gap−0.0019% /8h

Both sides work against this direction now: funding costs $1 a day on $10k and the gap is 0.023% under its 7d average. Swap the legs.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast

Funding+$4−0.0019% /8h now · paid +0.042% over the last 7D

Price−$2spread +0.127% now, avg +0.150% → −0.023% if it goes back

Costs−$610.609% of $10k · taker + slippage, in and out

Result−$59−0.59%no points

Price and funding

1h · history

Entry / Exit

Price spread

Prices

Fundingper 8h

ENTRY / EXIT · 7D

Entry now—

Entry average—

Best entry—

Exit now—

Exit average—

Best exit—

Exit free—

PRICE SPREAD · 7D

Now+0.127%

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

NBIS on 35 exchanges

lowest funding first

Before you open

1 ok · 4 to watch

OK: Fits both order books13.3 / 14.4 bp
Entry at $10k a leg, taker fee + slippage. Closing costs about the same.
Note: Margin at max leverage$1,000 + $200
Deribit 10x, Bybit 50x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
Watch: Payment intervals differ1h / 8h
Payments land at different times. Close right after the slower leg pays.
Next 24h at the current rates, on $10k a leg: −$0.57Long Deribit: 24 payments, −$1.20; short Bybit: 3 payments, +$0.63.
Watch: Gap narrower than usual+0.127% vs +0.150%
Less room for the price leg to pay you. If it goes back to average, the short loses.
Watch: Long leg is thinner$468K vs $13.5M OI
Deribit sets your exit cost. Check its book before closing.
Note: No points program—
Neither exchange runs points right now.
Watch: KYCDeribit Yes · Bybit 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

Hold for

Orders

Price spread

Funding rate

Funding earned+0.0020%/8h × 21 periods+$4.22

Price spread+0.127% → +0.150% (7d avg)−$2.32

Slippage, 4 orderslive order books−$42.92

Fee Deribit bp × 2 orders−$7.00

Fee Bybit bp × 2 orders−$11.00

Net · 7 days · $10k−$59.01

Costs to cover0.609%Break-even104.9 days

Slippage: Deribit: live order book, 27 min ago; Bybit: live order book, 3 min ago

Cost to enter

taker + slippage from mid, one side

BUY · LONGDeribit9.0913.3 bp−$1315.7 bp−$157doesn’t fitdoesn’t fit

SELL · SHORTBybit1.4414.4 bp−$1433.3 bp−$333119.0 bp−$11.9Kdoesn’t fit

Closing costs about the same again.

NBIS news

posts that mention NBIS or Nebius Group, from every exchange

11-08 19:03	Markets by Kinetiq	Other	Earnings to watch this week. 8 companies are scheduled to report earnings between November 9 and 13, including Rocket Lab, CoreWeave, Nebius, and Applied Materials. Monday: $HIMS, $RKLB, $USAR Tuesday: $CRWV Thursday: $NBIS, $TWST, $AMAT, $CBRS @Markets_xyz on X ↗
11-08 11:15	Backpack	Other	Earnings & macro to watch for Nov 9–13 ▸ Macro: US CPI (Oct), US PPI (Oct) ▸ Earnings: $RKLB $TTWO $ASTS $CEG $MARA $HIMS $ACHR $TTD $KKR $CRWV $QBTS $RGTI $SE $PBR $HMC $SGML $NU $NBIS $CSCO $AMAT $CBRS $LUNR $FIGR $MNDY $WSE Full market calendar → @Backpack on X ↗
11-06 07:46	SoDEX	Other	🚨 ANTHROPIC'S $1 TRILLION VALUATION: FACING A REALITY CHECK? 🤖📉 🇺🇸 Democrats' midterm victory is shaking up the AI trade as investors fear tighter restrictions on data center construction. 📉 Nasdaq plunged 5.52% in a single session, as investors rushed to sell AI and technology stocks. 🔻 $AVGO (Broadcom): -10.43% 🔻 $NBIS (Nebius): -14.94% 🏗️ The concern? Slower data center construction → Fewer AI chip orders → Slower cloud expansion → Pressure on AI revenue growth and valuations. Microsoft is reportedly reassessing third-party data center projects with Nebius, IREN, and Nscale, while Texas's incoming governor plans to pause new approvals pending legislation until at least mid-2027. With Anthropic's IPO roadshow approaching, investors face a trillion-dollar question: Can Anthropic sustain its sky-high valuation if the infrastructure powering its growth faces delays? 💬 YOUR TURN: WOULD YOU BUY ANTHROPIC AT A $1 TRILLION VALUATION? 🐂 Bullish — AI demand will overcome infrastructure challenges. 🐻 Bearish — Slower growth means valuations need a reset. 👇 Drop your take on Anthropic in the comments! What valuation would make you a buyer? Do you think its IPO will proceed as expected? @sodex_official on X ↗
11-06 03:01	Markets by Kinetiq	Other	Leopold Aschenbrenner's June 13F holdings on Thursday: $SNDK -22% $MU -18% $BE -16% $NBIS -15% $CORZ -11% $CRWV -10% Down 43-65% since June 30 What did he do to get Ken Griffin and Citadel mad? Is this the end of an era? @Markets_xyz on X ↗
11-04 14:52	Injective	Listing	new market NBIS/USDC PERP ($NBIS) seen by our collector
10-28 17:38	QFEX	Other	Max leverage is increased to 20x across the following markets on QFEX $SNDK, $GOOGL, $NVDA, $MU, $SKHY, $INTC, $NBIS, $CRCL, $CBRS, $META, $TSLA, $MRVL, $AAPL, $AMZN, $MSFT, $MSTR and $ANTHROPIC. @QFEX on X ↗