Funding arb · Price arb / RWA

NBIS

RWAAll NBIS markets →

LONGTxFlow▾edgeX −0.0430%Aster 0.0000%KuCoin 0.0000%SunX 0.0000%Deribit 0.0000%Phemex 0.0000%QFEX 0.0000%tradeXYZ +0.0050%Ondo Perps +0.0050%Avantis +0.0068%Polymarket Perps +0.0098%Orderly +0.0100%Aevo +0.0104%Nado +0.0189%Variational Omni +0.0197%Lighter +0.0208%AZverse +0.0210%Kraken Futures +0.0222%OKX +0.0226%Arcus +0.0231%Gate +0.0270%MEXC +0.0271%Extended +0.0272%Binance +0.0278%Bitget +0.0298%BingX +0.0354%Bybit +0.0378%BloFin +0.0392%Entropy +0.0417%TxFlow +0.0442%Phoenix +0.0635%HTX +0.0799%GRVT +0.0941%SoDEX +0.1271%

⇄⇅

SHORTVest Markets▾SoDEX +0.1271%GRVT +0.0941%HTX +0.0799%Phoenix +0.0635%Entropy +0.0417%BloFin +0.0392%Bybit +0.0378%BingX +0.0354%Bitget +0.0298%Binance +0.0278%Extended +0.0272%MEXC +0.0271%Gate +0.0270%Arcus +0.0231%OKX +0.0226%Kraken Futures +0.0222%AZverse +0.0210%Lighter +0.0208%Variational Omni +0.0197%Nado +0.0189%Aevo +0.0104%Orderly +0.0100%Polymarket Perps +0.0098%Ondo Perps +0.0050%tradeXYZ +0.0050%Avantis −0.0032%Vest Markets +0.0019%QFEX 0.0000%Aster 0.0000%KuCoin 0.0000%SunX 0.0000%Deribit 0.0000%Phemex 0.0000%edgeX −0.0430%

Backtest 30d☆

Leg	Exchange	Price	Fund. /8h	Each payment	Next in	OI	Vol 24h	Lev
LONG	TxFlowNBIS-USDC	153.77	+0.0442	pay 0.0055% / 1h	17m 15s	$14K	$152K	20x	Long TxFlow5% off
SHORT	Vest MarketsNBIS-USD-PERP	153.73	+0.0019	get 0.0002% / 1h	17m 15s	$96K	$103K	5x	Short Vest Markets+5% pts

Price gap−0.026%

Funding gap−0.0423% /8h

Both sides work against this direction now: funding costs $13 a day on $10k and the gap is 0.026% under zero (no 7-day history yet). Swap the legs.

The current funding rate is far below what this pair has been paying: over the last 7 days it paid −0.065% in total, about −0.0031%/8h on average.

Price and funding

Entry / ExitPrice spreadPricesFundingLeg ratesP&L

1m5m15m1h

1h · history

24H3D7D14D30D90D

Entry / Exit?

Price spread?

Prices?

Funding?per 8h

ENTRY / EXIT · 7D

Entry now—

Entry average—

Best entry—

Exit now—

Exit average—

Best exit—

Exit free—

PRICE SPREAD · 7D

Now−0.026%

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

24H3D7D14D30D90D

TxFlowVest Markets

NBIS on 35 exchanges

lowest funding first

Before you open

3 ok · 1 to watch

• i
  Note: Order book unknown—

  No order-book sample for Vest Markets: its slippage is not counted.
• i
  Note: Margin at max leverage$500 + $2,000

  TxFlow 20x, Vest Markets 5x. 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.

  Long TxFlow · 1h−$13.27

  Short Vest Markets · 1h+$0.57

  now+6h+12h+18h+24h

  Next 24h at the current rates, on $10k a leg: −$12.70Long TxFlow: 24 payments, −$13.27; short Vest Markets: 24 payments, +$0.57.
• i
  Note: No 7-day spread history−0.026%

  The gap cannot be compared with its average yet.
• !
  Watch: Long leg is thinner$14K vs $96K OI

  TxFlow sets your exit cost. Check its book before closing.
• ✓
  OK: Points on a legTxFlow points · Vest Markets points

  Volume here counts toward the points program.
• ✓
  OK: No KYC on either legTxFlow No · Vest Markets No

  Both exchanges let you trade without ID.

Profit calculator

both legs, in and out

Position, each leg

$10k$100k$1M

Hold for

1 day7 days30 days

Orders

takermaker

Price spread

to 7d avgclosesnot counted

Funding rate

range avgcurrent

Funding earned−0.0031%/8h × 21 periods−$6.49

Price spread−0.026% → 0−$2.60

Slippage, 4 ordersno data for Vest Markets—

Fee TxFlow bp × 2 orders−$9.00

Fee Vest Markets bp × 2 orders−$2.00

Net, fees only · 7 days · $10k−$20.10

Costs to cover0.110%Break-evennever at this rate

Slippage: TxFlow: live order book, 9 min ago; Vest Markets: no order-book sample

Cost to enter

taker + slippage from mid, one side

Leg½ spr$10k$100k$1M$5M

BUY · LONGTxFlow1.9712.9 bp−$1345.5 bp−$455doesn’t fitdoesn’t fit

SELL · SHORTVest Markets—————

Closing costs about the same again.
Vest Markets: no data.

Alert

FundingSpread

Tell me when it goes above%/8hNot more often than everymin

Create alert

FundingPrice spread

I'm in

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 ↗