Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 151.81 | +0.0211 | pay 0.0211% / 8h | 12m 23s | $7.5M | $2.0M | 50x | Long MEXC | |
| SHORT | 151.95 | +0.0159 | get 0.0159% / 8h | 12m 23s | $2.1M | $868K | 20x | Short Variational Omni+15% pts |
Price gap+0.093%
Funding gap−0.0052% /8h
The gap pays +$19 on $10k if it goes back to its 7d average, but funding costs $2 a day and eats that in about 13 days. At the last 7 days' pace that is about 36 days.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$4−0.0052% /8h now · paid −0.038% over the last 7D
Price+$19spread +0.093% now, avg −0.101% → +0.195% if it goes back
Costs−$560.564% of $10k · taker + slippage, in and out
Result−$41−0.41%+ Points / potential airdropVariational Omni: 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+0.093%
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
3 ok · 2 to watch- Watch: Thin at this size3.3 / 24.5 bpAt $10k entering Variational Omni costs 24.5 bp, fee and slippage, 7.4× MEXC’s.
- Note: Margin at max leverage$200 + $500MEXC 50x, 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: −$1.55Long MEXC: 3 payments, −$6.33; short Variational Omni: 3 payments, +$4.78.
- OK: Entry gap works for you+0.093% vs −0.101%You short the dearer leg. If the gap goes back to average, the short gains.
- Note: Short leg is thinner$2.1M vs $7.5M OIBoth legs are deep; Variational Omni is the smaller one.
- OK: Points on a legVariational Omni pointsVolume here counts toward the points program.
- Watch: KYCMEXC Yes · Variational Omni 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−0.0018%/8h × 21 periods−$3.81
Price spread+0.093% → −0.101% (7d avg)+$19.46
Slippage, 4 orderslive order books−$52.38
Fee MEXC bp × 2 orders−$4.00
Fee Variational Omni bp × 2 orders$0.00
Net · 7 days · $10k−$40.73
Costs to cover0.564%Break-evennever at this rate
Slippage: MEXC: live order book, 7 min ago; Variational Omni: RFQ quote, 3 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGMEXC1.323.3 bp−$36.2 bp−$6213.3 bp−$1,325125.9 bp−$63.0K
SELL · SHORTVariational Omni5.1024.5 bp−$2544.0 bp−$440doesn’t fitdoesn’t fit
Closing costs about the same again.
| 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 ↗ |
| 10-06 16:38 | Vest Markets | Other | AI-infrastructure names are trading higher, with $NBIS up around 8% on the session. Inference-optimization firm Inferize has been added to the Token Factory platform, alongside 50 MW of data-center capacity under a 12-year deal. Trade $NBIS volatility with a Vest Capital funded account and access up to $25k in trading capital. @VestExchange on X ↗ |


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