Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 247.07 | +0.0211 | pay 0.0211% / 8h | 2h 22m | $2.1M | $1.4M | 20x | Long Variational Omni+15% pts | |
| SHORT | 247.25 | +0.0255 | get 0.0255% / 8h | 2h 22m | $994K | $2.5M | — | Short BingX |
Price gap+0.073%
Funding gap+0.0044% /8h
Both sides work: funding pays +$1 a day on $10k, and the gap is 0.022% above its 7d average: +$2 more if it goes back.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$15+0.0044% /8h now · paid +0.152% over the last 7D
Price+$2spread +0.073% now, avg +0.051% → +0.022% if it goes back
Costs−$830.830% of $10k · taker + slippage, in and out
Result−$66−0.66%+ Points / potential airdropVariational Omni: points · farm boardWhat the last 7D really paid, hour by hour → backtest
Price and funding
1h · loading 5m…Price spread
Prices
Fundingper 8h
P&L
PRICE SPREAD · 7D
Now+0.073%
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 33 exchanges
lowest funding firstBefore you open
3 ok · 3 to watch- Watch: Thin at this size36.2 / 12.3 bpAt $10k entering Variational Omni costs 36.2 bp, fee and slippage, 3.0× BingX’s.
- Note: Margin at max leverage$500 + —Variational Omni 20x, BingX —. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- OK: Same payment interval8h / 8hBoth legs pay at the same time.Next 24h at the current rates, on $10k a leg: +$1.32Long Variational Omni: 3 payments, −$6.33; short BingX: 3 payments, +$7.65.
- OK: Entry gap works for you+0.073% vs +0.051%You short the dearer leg. If the gap goes back to average, the short gains.
- Watch: Short leg is thinner$994K vs $2.1M OIBingX sets your exit cost. Check its book before closing.
- OK: Points on a legVariational Omni pointsVolume here counts toward the points program.
- Watch: KYCVariational Omni No · BingX YesAdvanced KYC to deposit or trade; unverified accounts can only withdraw, up to 20,000 USDT a day. Rules vary by region.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned+0.0073%/8h × 21 periods+$15.24
Price spread+0.073% → +0.051% (7d avg)+$2.15
Slippage, 4 orderslive order books−$72.95
Fee Variational Omni bp × 2 orders$0.00
Fee BingX bp × 2 orders−$10.00
Net · 7 days · $10k−$65.56
Costs to cover0.830%Break-even37.1 days
Slippage: Variational Omni: RFQ quote, just now; BingX: live order book, 6 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGVariational Omni4.0336.2 bp−$3667.8 bp−$678doesn’t fitdoesn’t fit
SELL · SHORTBingX0.2012.3 bp−$1230.5 bp−$305146.9 bp−$14.7K651.5 bp−$325.8K
Closing costs about the same again.
| 09-24 16:13 | Entropy | Other | $NBIS max leverage has been increased to 15x. @entropyIO on X ↗ |
| 09-24 15:30 | Vest Markets | Other | Trade $NBIS volatility with a Vest Capital funded account and access up to $25k in trading capital at: @VestExchange on X ↗ |
| 09-24 15:30 | Vest Markets | Other | $NBIS is drawing buyers on its October 1 AI compute price increases, with the stock up around 6% on the session. The increases run 17% to 21% on on-demand $NVDA GPU instances, covering the H100 through B300 lines, the second round in three months. BNP Paribas Exane raised its rating to Outperform today, with a $399 price target, from $260, citing that pricing power. @VestExchange on X ↗ |
| 09-22 19:31 | Vest Markets | Other | Heading into the close, CoreWeave's Remote Key Encryption counts $IBM as a launch partner, with $CRWV up around 1.6%. Rothschild & Co Redburn started $CRWV at Sell with a $54 price target, and $NBIS at Sell with an $84 price target, alongside six AI-focused miners at Neutral. Trade $CRWV volatility with a Vest Capital funded account and access up to $25k in trading capital. @VestExchange on X ↗ |
| 09-21 16:30 | Vest Markets | Other | AI cloud names are extending last week's rally, with $NBIS up around 4.4% on the session. Rothschild & Co Redburn started coverage at Sell, flagging cyclically inflated AI valuations and credit-market stress for the neocloud group. $NBIS has still added about 118% over the past twelve months, and trades about 22% below its 52-week high. @VestExchange on X ↗ |
| 09-21 13:35 | gTrade (Gains Network) | Listing | new market NBIS/USD ($NBIS) seen by our collector |
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