Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 150.94 | +0.0315 | pay 0.0315% / 8h | 1h 52m | $10.2M | $7.3M | 50x | Long MEXC | |
| SHORT | 150.75 | −0.0163 | pay 0.0081% / 4h | 1h 52m | $23K | $156K | 10x | Short edgeX |
Price gap−0.123%93s
Funding gap−0.0478% /8h
Both sides work against this direction now: funding costs $14 a day on $10k and the gap is 0.022% 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+$17−0.0478% /8h now · paid +0.166% over the last 7D
Price—spread −0.123%93s now · prices read too far apart to compare
Costs−$410.414% of $10k · taker + slippage, in and out
The current funding rate is far below what this pair has been paying: over the last 7 days it paid +0.166% in total, about +0.0079%/8h on average.
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−0.123%
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
1 ok · 5 to watch- Watch: Large against open interest4.7 / 14.9 bp$10k is over 10% of edgeX’s open interest.
- Note: Margin at max leverage$200 + $1,000MEXC 50x, edgeX 10x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- Watch: Payment intervals differ8h / 4hPayments land at different times. Close right after the slower leg pays.Next 24h at the current rates, on $10k a leg: −$14.33Long MEXC: 3 payments, −$9.45; short edgeX: 6 payments, −$4.88.
- Watch: Prices read 93 s apart−0.123% vs −0.101%Part of this gap may be the market moving.
- Watch: Short leg is thinner$23K vs $10.2M OIedgeX sets your exit cost. Check its book before closing.
- OK: Points on a legedgeX pointsVolume here counts toward the points program.
- Watch: KYCMEXC Yes · edgeX NoKYC before trading since Feb 2026; unverified accounts see market data only.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned+0.0079%/8h × 21 periods+$16.57
Price spreadprices read too far apart to compare—
Slippage, 4 orderslive order books−$24.40
Fee MEXC bp × 2 orders−$8.00
Fee edgeX bp × 2 orders−$9.00
Net · 7 days · $10k−$24.83
price spread not counted: prices read too far apartCosts to cover0.414%Break-even17.5 days
Slippage: MEXC: live order book, 6 min ago; edgeX: live order book, 54 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGMEXC0.664.7 bp−$57.5 bp−$7515.9 bp−$1,588150.4 bp−$75.2K
SELL · SHORTedgeX6.7414.9 bp−$15doesn’t fitdoesn’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