Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 150.86 | +0.0100 | pay 0.0013% / 1h | 53m 26s | $22K | $216K | 20x | Long TxFlow5% off | |
| SHORT | 151.51 | +0.0265 | get 0.0265% / 8h | 1h 53m | $2K | $133K | 10x | Short GRVT |
Price gap+0.429%
Funding gap+0.0165% /8h
Both sides work: funding pays +$5 a day on $10k, and the gap is 0.326% above its 7d average: +$33 more if it goes back.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$11+0.0165% /8h now · paid −0.115% over the last 7D
Price+$33spread +0.429% now, avg +0.102% → +0.326% if it goes back
Costs−$560.565% of $10k · taker + slippage, in and out
Result−$35−0.35%+ Points / potential airdropTxFlow: points · GRVT: 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+0.429%
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 · 3 to watch- Watch: Thin at this size11.9 / 20.2 bpAt $10k entering GRVT costs 20.2 bp, fee and slippage, 1.7× TxFlow’s.
- Note: Margin at max leverage$500 + $1,000TxFlow 20x, GRVT 10x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- Watch: Payment intervals differ1h / 8hPayments land at different times. Close right after the slower leg pays.Next 24h at the current rates, on $10k a leg: +$4.95Long TxFlow: 24 payments, −$3.00; short GRVT: 3 payments, +$7.95.
- OK: Entry gap works for you+0.429% vs +0.102%You short the dearer leg. If the gap goes back to average, the short gains.
- Watch: Short leg is thinner$2K vs $22K OIGRVT sets your exit cost. Check its book before closing.
- OK: Points on a legTxFlow points · GRVT pointsVolume here counts toward the points program.
- OK: No KYC on either legTxFlow No · GRVT 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+0.429% → +0.102% (7d avg)+$32.65
Slippage, 4 orderslive order books−$38.45
Fee TxFlow bp × 2 orders−$9.00
Fee GRVT bp × 2 orders−$9.00
Net · 7 days · $10k−$35.26
Costs to cover0.565%Break-evennever at this rate
Slippage: TxFlow: live order book, 52 min ago; GRVT: live order book, 53 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGTxFlow2.8911.9 bp−$1238.8 bp−$388doesn’t fitdoesn’t fit
SELL · SHORTGRVT2.8920.2 bp−$2043.6 bp−$436doesn’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