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Nebius Group N.V. (NBIS) perpetual futures
NBIS perpetual futures on 27 crypto exchanges – live perp price vs the stock, funding rate, open interest and where to trade NBISUSDT.
Nebius Group N.V. builds AI infrastructure with GPU clouds, data tools, edtech, and autonomous driving.
$232.87-2.3%NASDAQ closed
Price chart
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Use the left and right arrow keys to inspect points on the chart.
Collecting venue price data...
venue perp mark · Binance (NBIS/USDT)
Auto: highest-volume live perp venueOpen in TradingView
Trading data
Perpetual market activity
28/28 live markets
Trading data
Perpetual market activity
Venues
27
Live markets
28/28
24h volume
$150MCoverage: 23/28 marketsExchange-reported volume: $196.5M
Open interest
$76.7MCoverage: 21/28 markets
Best liquidity
$3.2M
Bitget
Tightest spread
+0.4 bps
Gate.io
Highest volume
$65.2M
Binance
Settlement mix
USDT · 18/28
Perp/spot vol.
0.05x
Spot volume $3B
OI / float
+0.16%
Float $47.1B
Spot performance
1D-2.30%
5D-1.39%
1M+10.85%
6M+129.99%
YTD+177.00%
1Y+110.38%
Venue matrix
28 markets
Some venue links are sponsored. We may receive a commission, and eligible users may occasionally receive trading-fee discounts, at no additional cost to you.
| Trade | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
 Binance | Trade | NBIS/USDT | Trading | $232.92 | 0.0% APR 0.000% every 8h | +1.7 bps | - | $65.2M | $17.8M | USDT | - | |
 LBank | Trade | NBIS/USDT | Trading | $232.93 | 0.0% APR 0.000% every 8h | +0.9 bps | $2.3M | $30.9M | - | USDT | 20x | |
 Hyperliquid HIP-3 | Trade | xyz:NBIS | Trading | $232.80 | +5.5% APR +0.00063% every 1h | +0.9 bps | $278K | $13.1M | $30.8M | USDC | 10x | |
 OKX | Trade | NBIS/USDT | Trading | $232.91 | 0.0% APR 0.000% every 8h | +1.3 bps | $306.6K | $8.1M | $3.4M | USDT | 25x | |
 Deepcoin | Trade | NBIS/USDT | Trading | $232.99 | - | +2.1 bps | $121.7K | $7.5M | - | USDT | 25x | |
 Bitget | Trade | NBIS/USDT | Trading | $232.87 | 0.0% APR 0.000% every 8h | +0.9 bps | $3.2M | $5M | $1.6M | USDT | 20x | |
 Bybit | Trade | NBIS/USDT | Trading | $233.01 | +20.5% APR +0.019% every 8h | +3.0 bps | $253.8K | $4.3M | $4.8M | USDT | 50x | |
| Hyperliquid HIP-3 | Trade | io:NBIS | Trading | $232.80 | +24.2% APR +0.00276% every 1h | +2.1 bps | $79.4K | $3.4M | $9M | USDC | 15x | |
 Gate.io | Trade | NBIS/USDT | Trading | $233.03 | 0.0% APR 0.000% every 8h | +0.4 bps | - | $3.2M | $2.5M | USDT | 50x | |
 MEXC | Trade | NBIS/USDT | Trading | $232.95 | 0.0% APR 0.000% every 8h | +3.0 bps | $910.9K | $2.9M | $3.6M | USDT | 50x | |
 KuCoin | Trade | NBIS/USDT | Trading | $232.84 | 0.0% APR 0.000% every 8h | +6.0 bps | $21.4K | $1.8M | $415K | USDT | 20x | |
 Bitunix | Trade | NBIS/USDT | Trading | $232.99 | +0.1% APR +0.00005% every 8h | +2.1 bps | $315.8K | $1.4M | - | USDT | 25x | |
 Phemex | Trade | NBIS / USDT | Trading | $232.93 | 0.0% APR 0.000% every 8h | +5.1 bps | $58.1K | $916.6K | $1.5M | USDT | 10x | |
 Ondo Perps | Trade | NBIS/USD | Trading | $232.91 | - | +3.9 bps | $447.9K | $715.6K | $144.5K | USDC | 10x | |
 Extended | Trade | NBIS/USD | Trading | $232.82 | 0.0% APR 0.000% every 1h | +2.6 bps | $43.3K | $712.6K | $117.7K | USD | 10x | |
 Vest | Trade | NBIS/USDC | Trading | $233.04 | +5.0% APR +0.00057% every 1h | +4.3 bps | $86K | $356.3K | - | USDC | 5x | |
 BloFin | Trade | NBIS/USDT | Trading | $233.02 | +1.2% APR +0.00109% every 8h | +2.6 bps | $1.5M | $183.5K | $209.9K | USDT | 20x | |
 GRVT | Trade | NBIS/USDT | Trading | $232.97 | +2.6% APR +0.00240% every 8h | +3.9 bps | $163.4K | $98.3K | $9K | USDT | - | |
 Coinbase International | Trade | NBIS/USDC | Trading | $232.49 | +10.5% APR +0.00120% every 1h | +17.2 bps | - | $81.8K | $364.5K | USDC | - | |
 HTX | Trade | NBIS/USDT | Trading | $233.03 | - | +5.6 bps | $832.6K | $43.6K | - | USDT | - | |
 Aster | Trade | NBISUSDT | Trading | $232.83 | 0.0% APR 0.000% every 8h | +11.6 bps | $12.7K | $25.3K | $109.7K | USDT | - | |
 Crypto.com Exchange | Trade | NBIS/USD | Trading | $232.02 | -5.2% APR -0.00059% every 1h | +13.7 bps | $18.7K | $11.7K | $7.1K | USD | 50x | |
 Orderly Network | Trade | NBIS/USDC | Trading | $232.90 | +11.0% APR +0.010% every 8h | - | - | $2.5K | $1.3K | USDC | - | |
 Aevo | Trade | NBIS/USDC | Trading | $232.80 | - | +14.7 bps | $202.4K | - | - | USDC | 10x | |
 gTrade (Gains) | Trade | NBIS/USD | Trading | $231.84 | - | - | - | - | - | USD | 2x | |
 XT.com | Trade | NBIS/USDT | Trading | $233.10 | 0.0% APR 0.000% every 8h | +1.7 bps | $247.2K | $42.4M⚠ | $142.4K | USDT | 20x | |
 BingX | Trade | NBIS-USDT | Trading | $232.91 | +20.8% APR +0.019% every 8h | +4.7 bps | $1.5M | $2.1M⚠ | $2.3K | USDT | - | |
 Ourbit | Trade | NBIS/USDT | Trading | $232.96 | 0.0% APR 0.000% every 8h | +0.9 bps | $969.7K | $2M⚠ | $182.6K | USDT | 50x |
Unverified volume: implausibly high against open interest, a typical sign of wash trading. These venues are listed last.
Tokenized wrappers of the real stock, tradable on-chain and on crypto exchanges around the clock. Premium/discount compares the token price to our stock reference price. Data: CoinMarketCap · Robinhood · DexScreener · GeckoTerminal.
| Product | Price | Premium vs stock | 24h Vol. | Market Cap | Chains |
|---|---|---|---|---|---|
| NBISBbStocks | $231.67 | -0.51% | $2.8M | $5.9M | BNB Smart Chain (BEP20) |
| NBISonOndo GM | $231.03 | -0.79% | $2.5M | $4.6M | Solana · Ethereum · BNB Smart Chain (BEP20) |
| NBISRobinhood | $230.69 | -0.94% | $21k | $472k | Robinhood Chain |
| rNBISTokenized | $229.63 | -1.39% | $17k | $841k | Arbitrum |
| Exchange | Pair | Price | 24h Vol. | Liquidity |
|---|---|---|---|---|
 uniswapDEX · robinhood | NBIS/USDG ↗ | $230.69 | $21k | $123k |
Tradability
Execution quality
Entry cost and depth per venue at $1k–$100k
Tradability
Execution quality
Entry cost and depth per venue at $1k–$100kBroad liquidity · 21 of 27 venues absorb $10k · Typical cost: +8.0 bps – +13.6 bps
Too thin: Aster
No fresh book data: Binance, Gate.io, Coinbase International, Orderly Network, gTrade (Gains)
Taker execution estimate incl. approx. fees - maker fills are not guaranteed.
Best venues for this underlying
Best liquidity
NBISTightest spread
NBISHighest volume
NBISFunding history
Stored venue snapshots by market
Funding history
Stored venue snapshots by marketCompany data
Company fundamentals
Updated 2h ago
Company data
Company fundamentals
Market cap
$55.7B
Updated 2h ago
Revenue
$1.4B
Trailing 12 months
Revenue growth
+530%
Next fiscal year
Profit margin
+4.5%
P/E
891.8
Peer P/E 16.9
Free cash flow
-$5.9B
Trailing 12 months
More metrics
Net income
$61.6M
Trailing 12 months
P/S
41.1
Peer P/E
16.9
Similar listed perps
Revenue estimate
$3.3B
Next fiscal year
Earnings
2026-11-10
Revenue est. $905.4M · Updated 2h ago
Dividend
-
Fundamental detail
Annual + quarterlyLatest revenue$529.8M
Net margin+19.2%
Free cash flow-$3.7B
Net debt$1.3B
PeriodRevenueGrowthNet incomeFCF
2020$2.9B+4%$333.5M$108.2M
2021$4.8B+62%-$196M-$473.7M
2022$13.5M-100%$745.6M$682.4M
2023$20.9M+55%$241.3M$746.4M
2024$117.5M+462%-$641.4M-$562.1M
2025$529.8M+351%$101.7M-$3.7B
PeriodGross marginOperating marginNet marginROEROA
2020+60.7%+7.2%+11.3%+7.6%+4.8%
2021+51.2%-3.7%-4.1%-5.7%-2.8%
2022-110.4%-1,170.4%+5,523.0%+17.6%+9.0%
2023-52.6%-1,567.0%+1,154.5%+7.3%+2.8%
2024+37.5%-375.1%-545.9%-19.7%-18.1%
2025+68.6%-112.5%+19.2%+2.2%+0.8%
PeriodCashDebtNet debtCurrent ratio
2020$1.8B$1.5B-$322.1M4.62
2021$1.1B$1.9B$824.5M1.80
2022$1.1B$1.4B$276.6M1.28
2023$116.1M$584.8M$468.7M0.89
2024$2.4B$49.7M-$2.4B9.60
2025$3.7B$5B$1.3B3.08
PeriodMarket capEnterprise valueP/SP/E
2020$6.8B$6.5B2.320.4
2021$7.2B$8.1B1.5-37.0
2022$7.4B$7.6B545.29.9
2023$7.4B$7.9B355.030.8
2024$7.8B$5.4B66.2-12.1
2025$21.2B$22.5B40.0761.0
PeriodRevenueGrowthNet incomeFCF
Q3 2024$43.3M+766%-$94.2M-$227.9M
Q4 2024$37.9M+466%-$133.2M-$492.3M
Q1 2025$55.3M+389%-$113.6M$0
Q2 2025$105.1M+770%$584.4M$0
Q3 2025$146.1M+237%-$119.6M-$1B
Q4 2025$227.7M+501%-$249.6M-$1.2B
Q1 2026$399M+622%$621.2M-$214.9M
Q2 2026$582.3M+454%-$190.4M-$3.4B
PeriodGross marginOperating marginNet marginROEROA
Q3 2024+56.4%-200.9%-217.6%-3.3%-3.1%
Q4 2024+27.4%-393.9%-351.5%-4.1%-3.8%
Q1 2025+46.7%-234.2%-205.4%-3.6%-3.3%
Q2 2025+71.4%-105.8%+556.0%+15.5%+11.5%
Q3 2025+70.6%-89.1%-81.9%-2.5%-1.2%
Q4 2025+69.9%-103.0%-109.6%-5.4%-2.0%
Q1 2026+20.9%-32.1%+155.7%+8.6%+2.8%
Q2 2026+77.1%-30.2%-32.7%-1.8%-0.7%
PeriodCashDebtNet debtCurrent ratio
Q3 2024$2.3B$27.8M-$2.3B22.24
Q4 2024$2.4B$49.7M-$2.4B9.60
Q1 2025$1.4B$187.8M-$1.3B18.00
Q2 2025$1.7B$1.2B-$455M14.70
Q3 2025$4.8B$4.6B-$225.8M6.57
Q4 2025$3.7B$5B$1.3B3.08
Q1 2026$9.3B$9.6B$292.2M8.33
Q2 2026$8B$10.1B$2B4.03
PeriodMarket capEnterprise valueP/SP/E
Q3 2024$5.7B$3.5B132.6-19.2
Q4 2024$6.5B$4.1B172.5-11.9
Q1 2025$5B$3.8B90.9-11.0
Q2 2025$13.3B$12.8B126.35.6
Q3 2025$28.3B$28B193.5-59.7
Q4 2025$20.2B$21.5B88.6-21.1
Q1 2026$26.8B$27.1B67.210.8
Q2 2026$77.3B$79.3B132.8-101.5
Refreshed 2h ago
Charts: revenue, profit, cash flow & valuation
CashDebt
Gross marginOperating marginNet margin
P/EP/S
CashDebt
Gross marginOperating marginNet margin
P/EP/S
Next catalyst
Catalysts
Next catalyst
Catalysts
Earnings
2026-11-10
Revenue est. $905.4M · Updated 2h ago
No unusual perp activity right now.
FMP reference data
Market context
FMP reference data
Market context
NASDAQ
After-hours reference
Bid231.89
Ask235
Volume12,762,123
Research data
Analysts, filings and peer context
Research data
Analysts, filings and peer context
Estimates
6DateEPS estimateRevenue estimateGrowthAnalysts
FY 2026-2.05$3.3B+530%5
FY 2027-3.55$12.1B+2,190%6
FY 2028-0.72$22.7B+4,193%3
FY 20295.95$34.1B+6,342%3
FY 203011.47$50B+9,334%2
Q1 2027-0.60$2.2B+445%1
Company events
62026-11-10EarningsActual - / Estimate -0.81-
2026-08-12Earnings · Before market openActual -0.12 / Estimate -0.72Beat
2026-05-13EarningsActual -0.23 / Estimate -0.77Beat
2026-02-12EarningsActual -0.99 / Estimate -0.58Miss
2025-11-11EarningsActual -0.39 / Estimate -0.56Beat
2025-08-07EarningsActual -0.38 / Estimate -0.5Beat
Peer comparison
Similar listed perpsRevenue mix
PendingSegment data is not available yet.
Analysts
PendingNo analyst data available yet.
Ownership
NBIS-PERPOwnership data is being populated.
Filings
PendingNo filings available yet.
Transcripts
PendingNo transcripts available yet.
Company news
Reuters, WSJ, Bloomberg and FT first, as far as our news provider delivers them; other publishers behind the second filter. Headlines link to the publisher.No articles from Reuters, WSJ, Bloomberg or FT for this company in our feed.
FMP company data
Company intelligence
Updated: Sep 27, 2026, 04:56 PM UTC
FMP company data
Company intelligence
Company profile
- Sector
- Technology
- Industry
- Software - Application
- Chief executive
- Arkady Volozh
- Employees
- 1,543
- IPO date
- May 24, 2011
- Country
- NL
- Exchange
- NASDAQ Global Select
Altman Z-scorei2.51
Piotroski scorei6/9
FMP ratingiC-
Owner earningsi-$2.83B-$10.09 per share
ESG risk ratingiBIndustry rank: 50 out of 321
Rating factors
- Return on equityi
- 2
- Return on assetsi
- 2
- Debt to equityi
- 1
- Price to earningsi
- 1
- Price to booki
- 1
Company press releases
Palantir and Nebius Partner to Deliver a Complete Sovereign AI Stack to Palantir CustomersBusiness WireNebius to participate in upcoming investor conferencesBusiness WireNebius Group N.V. announces results of its Annual General MeetingBusiness WireNebius Group announces closing of private offering of convertible senior notes, with aggregate gross proceeds of approximately $5.75 billionBusiness WireNebius Group announces pricing of upsized private offering of $5.0 billion of convertible senior notesBusiness WireNebius Group announces proposed private offering of $4.50 billion of convertible senior notesBusiness Wire
Market cap history
$66.45B-1.5%Jun 26 – Sep 26
Latest: $66.45B · 2026-09-25High: $75.28B · 2026-08-17Low: $47.17B · 2026-07-20
Largest fund holders
| Fund | Weight | Shares held |
|---|---|---|
| ANNPX | 1.37% | 21M |
| AIO | 0.85% | 9M |
| NCV | 1.1% | 6.4M |
| NFJ | 0.38% | 5.7M |
| NIE | 0.64% | 5M |
| NCZ | 1.11% | 4.9M |
| QQQ | 0.23% | 4.9M |
| ACV | 0.86% | 2.1M |
| IEFA | 0.18% | 1.5M |
| QQQM | 0.22% | 1M |
| IEE | 0.24% | 721.1K |
| EFA | 0.21% | 719.8K |
Analyst track record
How the analysts covering NBIS have done: ratings, price-target accuracy and the measured reaction after their calls.
| 12 months | 3 years | |
|---|---|---|
| Ratings | 69 | 98 |
| Analysts | 20 | 23 |
| Buy / hold / sell | 52 / 15 / 2 | 80 / 16 / 2 |
| Upgrades / downgrades / initiations | 2 / 1 / 13 | 2 / 1 / 20 |
| Price targets hit / missed | 41 / 21 (66%) | 68 / 21 (76%) |
| Avg. return after a rating (TipRanks) | +28.9% | +114.5% |
| Best / worst call | +189.9% / -40.6% | +711.6% / -40.6% |
After buy calls on this stock: median 21-day move +18.2% vs S&P 500 +19.0% (n = 76)
Most accurate on this stock
Share of an analyst's price targets on this stock that the price reached within 12 months (our measurement over the last 3 years, at least 8 targets). It describes past calls, not the odds of the current one.
- Alex PlattD.A. Davidson100% hit rate on this stock · 9 targets measuredHoldno targetMay 18, 2026
- Hamed KhorsandBWS Financial100% hit rate on this stock · 8 targets measuredBuytarget $200Mar 16, 2026
Latest ratings
| Date | Analyst | Call | Target | |
|---|---|---|---|---|
| Sep 24, 2026 | Alexander HaisslRothschild & Co Redburn | SellInitiated | – | article ↗ |
| Sep 24, 2026 | Tal LianiBank of America Securities | BuyMaintained | – | article ↗ |
| Sep 24, 2026 | Stefan SlowinskiExane BNP Paribas | BuyUpgraded | $399 | article ↗ |
| Sep 24, 2026 | Stefan SlowinskiExane BNP Paribas | BuyUpgraded | $399 | article ↗ |
| Sep 24, 2026 | Tal LianiBank of America Securities | BuyMaintained | – |
Share of analysts per call each month (latest call per analyst within 180 days). Targets and closes in USD.
TipRanks data via FMP · computed Sep 25, 2026 · 69 ratings
Frequently asked questions
Where can I trade NBIS perpetual futures?
Nebius Group N.V. (NBIS) perpetual futures trade on 27 crypto venues, including Binance, XT.com, LBank. PerpEquities compares them by live price, funding rate, open interest and liquidity.
Can I trade NBIS around the clock?
Yes. Unlike the underlying stock, NBIS perpetuals trade 24/7 — including weekends and outside regular market hours.
What is the funding rate on NBIS perpetuals?
Right now the NBIS perp funding rate is 0.0% annualized (venue median), ranging from 0.0% to +20.5% across 27 venues. A positive rate means longs pay shorts. PerpEquities shows the live rate and its history for every venue.
How does the NBIS perp price compare to the Nebius Group N.V. stock?
The venue-median NBIS perp mark is $232.9 versus a reference stock price of $232.9, a basis of 0.0%. Perps follow the stock through an index price; the gap widens when funding or liquidity diverge between venues.
What is a NBIS perpetual future?
A NBIS perpetual is a derivative that tracks the price of Nebius Group N.V. with no expiry date. It lets you take long or short exposure to Nebius Group N.V. on crypto venues, around the clock.
What is NBISUSDT perpetual?
NBISUSDT is the symbol most crypto exchanges use for the Nebius Group N.V. perpetual settled in USDT (Tether). It tracks the NBIS share price through an index, trades 24/7 with leverage and never expires.
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