Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 162.25 | +0.0281 | pay 0.0281% / 8h | 59m 02s | $2K | $142K | 10x | Long GRVT | |
| SHORT | 162.09 | +0.0132 | get 0.0016% / 1h | 59m 02s | $20K | $241K | 20x | Short TxFlow5% off |
Price gap−0.100%
Funding gap−0.0149% /8h
Funding costs $4 a day on $10k at the current rate. Swap the legs.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$11−0.0149% /8h now · paid +0.115% over the last 7D
Price$0spread −0.100% now, avg −0.101% → +0.001% if it goes back
Costs−$410.406% of $10k · taker + slippage, in and out
Result−$29−0.29%+ Points / potential airdropGRVT: points · TxFlow: points · farm boardWhat the last 7D really paid, hour by hour → backtest
Price and funding
1h · historyEntry / 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−0.100%
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 35 exchanges
lowest funding firstBefore you open
2 ok · 3 to watch- Watch: Large against open interest10.4 / 10.1 bp$10k is over 10% of GRVT’s open interest.
- Note: Margin at max leverage$1,000 + $500GRVT 10x, TxFlow 20x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- Watch: Payment intervals differ8h / 1hPayments land at different times. Close right after the slower leg pays.Next 24h at the current rates, on $10k a leg: −$4.47Long GRVT: 3 payments, −$8.43; short TxFlow: 24 payments, +$3.96.
- Note: Gap at its usual level−0.100% vs −0.101%The price leg adds little either way.
- Watch: Long leg is thinner$2K vs $20K OIGRVT sets your exit cost. Check its book before closing.
- OK: Points on a legGRVT points · TxFlow pointsVolume here counts toward the points program.
- OK: No KYC on either legGRVT No · TxFlow NoBoth exchanges let you trade without ID.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned+0.0055%/8h × 21 periods+$11.45
Price spread−0.100% → −0.101% (7d avg)+$0.07
Slippage, 4 orderslive order books−$22.62
Fee GRVT bp × 2 orders−$9.00
Fee TxFlow bp × 2 orders−$9.00
Net · 7 days · $10k−$29.10
Costs to cover0.406%Break-even24.8 days
Slippage: GRVT: live order book, 42 min ago; TxFlow: live order book, 41 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGGRVT2.9010.4 bp−$1029.2 bp−$292doesn’t fitdoesn’t fit
SELL · SHORTTxFlow0.6410.1 bp−$1027.7 bp−$277doesn’t fitdoesn’t fit
Closing costs about the same again.
| 10-26 13:30 | Vest Markets | Other | Into the open, $CRWV is down around 4%, leading neocloud shares lower with $NBIS and $IREN down around 3%. Elon Musk said Sunday that debt markets have nearly shut off financing for firms lacking non-AI revenue, with 200+ neoclouds facing consolidation. Trade $CRWV and broader AI infrastructure volatility with a Vest Capital funded account and access up to $50k in trading capital. @VestExchange on X ↗ |
| 10-15 18:30 | Kalshi | Other | JUST IN: Nebius Group is down roughly 20% since Michael Burry disclosed his short position @Kalshi on X ↗ |
| 10-15 16:35 | Vest Markets | Other | Neocloud names are extending losses today, with $NBIS down around 5% on the session, on top of a 10% drawdown yesterday. Gartner published a report on Wednesday on AI infrastructure spending, naming neoclouds among the segments most exposed to the gap between revenue and capex. The move is broader across the group, with $IREN down around 8% and $CRWV around 2.3% on the session. @VestExchange on X ↗ |
| 10-08 15:01 | Vest Markets | Other | Trade $IREN, $NBIS and broader AI infrastructure volatility with a Vest Capital funded account and access up to $25k in trading capital at: @VestExchange on X ↗ |
| 10-08 15:01 | Vest Markets | Other | AI infrastructure names are extending losses, with $IREN down around 5% and $NBIS around 3% on the session. On Wednesday, SemiAnalysis posted user reports of multi-day outages and storage failures at the legacy $IREN sites in British Columbia. $NBIS is on a second session of losses, with a filing showing its COO sold 500,000 shares on Monday under a preset trading plan. @VestExchange on X ↗ |
| 10-07 21:53 | BingX | Other | Is $NBIS entering its next growth phase? 👀 Nebius is strengthening its AI stack with Inferize while scaling U.S. infrastructure. See the full breakdown👇 @BingXOfficial on X ↗ |

Kalshi
BingX