Live Nebius (NBIS) Perpetual Futures Price

Nebius (NBIS) perpetual futures (perps) trade 24/7 on Phoenix, a fully on-chain order book exchange on Solana. As of October 26, 2026, NBIS trades at $161.44 with $6,756 in open interest. Fees are 0.035% taker and 0.005% maker, and you can use USDC or SOL as collateral.

Mark price$161.44+0.83%
Oracle price
$161.4
24h high
$165.71
24h low
$149.79
24h volume
$202,962
Open interest
$6,756
1h funding
+0.0012%

NBIS mark price, last 24 hours

17:45 UTC17:30 UTC

NBIS contract specifications

Contract type
Perpetual futures, no expiry
Margin and settlement
USDC
Maximum leverage
10x
Margin mode
Cross or isolated
Taker fee
0.035%
Maker fee
0.005%
Trading hours
24/7
Closed-market price bound
10%

NBIS trades 24/7 on Phoenix. When the underlying market is closed, Phoenix prices NBIS from its own order book using Impact Pricing, within 10% of the last external price. Parameters are set per market and can change. See all market parameters

NBIS funding rate

1 hour
+0.0012%
8 hours
+0.0099%
Annualized
+10.85%

The rate is positive: traders holding long NBIS positions pay traders holding short positions. Funding settles every hour. The 8-hour and annualized figures extend the current hourly rate and are not forecasts.

About Nebius

NBIS references 1 Nebius Group N.V. Class A ordinary share (Nasdaq: NBIS), quoted in USD. Nebius provides GPU-based cloud and AI infrastructure.

Open interest is the notional value of NBIS positions still open on Phoenix. 24h volume is the notional value traded over the last 24 hours.

NBIS perpetuals questions

What is the NBIS perpetual price right now?

The Nebius perpetual price on Phoenix is $161.44, a change of +0.83% over the last 24 hours. It's the mark price of the NBIS perpetual, which can differ slightly from Nebius prices quoted elsewhere.

Can I trade NBIS perpetuals on Solana?

Yes. NBIS perpetuals trade on Phoenix, a fully on-chain perpetuals exchange on Solana. Connect a Solana wallet or sign in with email, deposit USDC or SOL, and trade NBIS 24/7.

What is the NBIS funding rate right now?

The NBIS funding rate on Phoenix is +0.0012% per hour, or +10.85% annualized. A positive rate means longs pay shorts, and a negative rate means shorts pay longs. Funding settles every hour.

What is NBIS open interest on Phoenix?

NBIS open interest on Phoenix is $6,756, with $202,962 traded over the last 24 hours.

What are the fees to trade NBIS perpetuals?

Trading NBIS perpetuals (perps) on Phoenix costs 0.035% for taker orders and 0.005% for maker orders, based on matched notional.

Can I use SOL as collateral to trade NBIS?

Yes. Phoenix accepts USDC and native SOL as collateral, and SOL counts toward margin at up to 80% of its value, so you can trade NBIS without selling your SOL. Profit and loss settle in USDC.

Can I trade NBIS when its market is closed?

Yes. NBIS trades 24/7 on Phoenix. When the underlying market is closed, Phoenix prices NBIS from its own order book, within 10% of the last external price.

Do I own Nebius shares when I trade NBIS perpetuals?

No. NBIS perpetuals give you exposure to the share price without owning shares. Profit and loss settle in USDC.

Do NBIS perpetuals expire?

No. NBIS perpetuals have no expiry date. A position stays open until you close it or it is liquidated, unless the market itself is settled or delisted under its listing terms.

How does Phoenix decide NBIS liquidations?

Phoenix uses the mark price, not the last trade, to check account health and trigger NBIS liquidations. The mark price is the median of an adjusted oracle price, the Phoenix order book price and the oracle price plus a smoothed average of the order book's gap to it, which reduces the risk of liquidations caused by a brief price spike.

Where can I see NBIS order book depth and price history?

The NBIS trade screen on Phoenix shows the live order book, recent trades and an interactive chart. Developers can stream the same data through the Phoenix API, the Rise SDK and the Vulcan CLI.

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