Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 159.70 | +0.0100 | pay 0.0013% / 1h | 18m 55s | $16K | $148K | 20x | Long TxFlow5% off | |
| SHORT | 159.75 | +0.0038 | get 0.0005% / 1h | 18m 55s | $248K | $406K | 5x | Short Arcus5% off |
Price gap+0.031%
Funding gap−0.0062% /8h
The gap pays +$10 on $10k if it goes back to its 7d average, but funding costs $2 a day and eats that in about 5.6 days. At the last 7 days' pace that is about 46 hours.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$38−0.0062% /8h now · paid −0.381% over the last 7D
Price+$10spread +0.031% now, avg −0.072% → +0.103% if it goes back
Costs−$300.297% of $10k · taker + slippage, in and out
Result−$57−0.57%+ Points / potential airdropTxFlow: points · Arcus: 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+0.031%
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 interest11.2 / 2.7 bp$10k is over 10% of TxFlow’s open interest.
- Note: Margin at max leverage$500 + $2,000TxFlow 20x, Arcus 5x. 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: −$1.86Long TxFlow: 24 payments, −$3.00; short Arcus: 24 payments, +$1.14.
- OK: Entry gap works for you+0.031% vs −0.072%You short the dearer leg. If the gap goes back to average, the short gains.
- Watch: Long leg is thinner$16K vs $248K OITxFlow sets your exit cost. Check its book before closing.
- OK: Points on a legTxFlow points · Arcus pointsVolume here counts toward the points program.
- OK: No KYC on either legTxFlow No · Arcus NoBoth exchanges let you trade without ID.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0181%/8h × 21 periods−$38.08
Price spread+0.031% → −0.072% (7d avg)+$10.33
Slippage, 4 orderslive order books−$16.22
Fee TxFlow bp × 2 orders−$9.00
Fee Arcus bp × 2 orders−$4.50
Net · 7 days · $10k−$57.48
Costs to cover0.297%Break-evennever at this rate
Slippage: TxFlow: live order book, 35 min ago; Arcus: live order book, 38 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGTxFlow2.1811.2 bp−$1138.5 bp−$385doesn’t fitdoesn’t fit
SELL · SHORTArcus0.312.7 bp−$313.4 bp−$134doesn’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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