Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 158.95 | +0.0786 | pay 0.0098% / 1h | 23m 45s | $41.0M | $2.0M | 10x | Long tradeXYZ | |
| SHORT | 159.14 | +0.0647 | get 0.0081% / 1h | 23m 45s | $15K | $158K | 20x | Short TxFlow5% off |
Price gap+0.120%
Funding gap−0.0138% /8h
The gap pays +$8 on $10k if it goes back to its 7d average, but funding costs $4 a day and eats that in about 47 hours.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$43−0.0138% /8h now · paid +0.429% over the last 7D
Price+$8spread +0.120% now, avg +0.039% → +0.080% if it goes back
Costs−$360.362% of $10k · taker + slippage, in and out
Result+$15+0.15%+ Points / potential airdroptradeXYZ: 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+0.120%
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
4 ok · 2 to watch- Watch: Large against open interest6.1 / 12.2 bp$10k is over 10% of TxFlow’s open interest.
- Note: Margin at max leverage$1,000 + $500tradeXYZ 10x, TxFlow 20x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- OK: Same payment interval1h / 1hBoth legs pay at the same time.Next 24h at the current rates, on $10k a leg: −$4.14Long tradeXYZ: 24 payments, −$23.57; short TxFlow: 24 payments, +$19.42.
- OK: Entry gap works for you+0.120% vs +0.039%You short the dearer leg. If the gap goes back to average, the short gains.
- Watch: Short leg is thinner$15K vs $41.0M OITxFlow sets your exit cost. Check its book before closing.
- OK: Points on a legtradeXYZ points · TxFlow pointsVolume here counts toward the points program.
- OK: No KYC on either legtradeXYZ No · TxFlow NoBoth exchanges let you trade without ID.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned+0.0204%/8h × 21 periods+$42.87
Price spread+0.120% → +0.039% (7d avg)+$8.05
Slippage, 4 orderslive order books−$25.41
Fee tradeXYZ bp × 2 orders−$1.80
Fee TxFlow bp × 2 orders−$9.00
Net · 7 days · $10k+$14.70
Costs to cover0.362%Break-even4.6 days
Slippage: tradeXYZ: live order book, 10 min ago; TxFlow: live order book, 41 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGtradeXYZ0.946.1 bp−$616.8 bp−$16879.2 bp−$7,925doesn’t fit
SELL · SHORTTxFlow2.2012.2 bp−$1235.4 bp−$354230.1 bp−$23.0Kdoesn’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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