NBIS

Leg	Exchange	Price	Fund. /8h	Each payment	Next in	OI	Vol 24h	Lev
LONG	TxFlowNBIS-USDC	159.75	+0.0844	pay 0.0105% / 1h	23m 04s	$15K	$150K	20x	Long TxFlow5% off
SHORT	LighterNBIS	159.81	+0.0904	get 0.0113% / 1h	23m 04s	$819K	$502K	10x	Short Lighter7d free

Price gap+0.038%

Funding gap+0.0060% /8h

Both sides work: funding pays +$2 a day on $10k, and the gap is 0.042% above its 7d average: +$4 more if it goes back.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast

Funding−$35+0.0060% /8h now · paid −0.348% over the last 7D

Price+$4spread +0.038% now, avg −0.005% → +0.042% if it goes back

Costs−$280.279% of $10k · taker + slippage, in and out

Result−$58−0.58%+ Points / potential airdropTxFlow: points · Lighter: Season 3 · farm boardWhat the last 7D really paid, hour by hour → backtest

Price and funding

1h · history

Entry / 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+0.038%

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

/8h

NBIS on 35 exchanges

lowest funding first

Before you open

4 ok · 2 to watch

Watch: Large against open interest12.4 / 1.4 bp
$10k is over 10% of TxFlow’s open interest.
Note: Margin at max leverage$500 + $1,000
TxFlow 20x, Lighter 10x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
OK: Same payment interval1h / 1h
Both legs pay at the same time.
Next 24h at the current rates, on $10k a leg: +$1.80Long TxFlow: 24 payments, −$25.32; short Lighter: 24 payments, +$27.12.
OK: Entry gap works for you+0.038% vs −0.005%
You short the dearer leg. If the gap goes back to average, the short gains.
Watch: Long leg is thinner$15K vs $819K OI
TxFlow sets your exit cost. Check its book before closing.
OK: Points on a legTxFlow points · Lighter Season 3
Volume here counts toward the points program.
OK: No KYC on either legTxFlow No · Lighter No
Both exchanges let you trade without ID.

Profit calculator

both legs, in and out

Position, each leg

Hold for

Orders

Price spread

Funding rate

Funding earned−0.0166%/8h × 21 periods−$34.78

Price spread+0.038% → −0.005% (7d avg)+$4.22

Slippage, 4 orderslive order books−$18.90

Fee TxFlow bp × 2 orders−$9.00

Fee Lighter bp × 2 orders$0.00

Net · 7 days · $10k−$58.47

Costs to cover0.279%Break-evennever at this rate

Slippage: TxFlow: live order book, 36 min ago; Lighter: live order book, 37 min ago

Cost to enter

taker + slippage from mid, one side

BUY · LONGTxFlow2.2012.4 bp−$1242.3 bp−$423doesn’t fitdoesn’t fit

SELL · SHORTLighter0.631.4 bp−$13.6 bp−$3652.1 bp−$5,213doesn’t fit

Closing costs about the same again.

NBIS news

posts that mention NBIS or Nebius Group, from every exchangeSearch all news →

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 ↗