NBIS PERP on Swapmos with up to 10x

Nebius builds and rents out AI cloud infrastructure, so NBIS trades on capacity announcements, customer contracts and the funding needed to pay for that buildout. It is a volatile name with a short listed history. The perpetual follows the share price, settles in USDC and has no expiry, with funding paid between longs and shorts for as long as the position stays open.

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Contract specification

Asset class
Stocks
Max leverage
10x
Minimum order
10 USDC
Price tick
0.01
Size tick
0.001
Funding interval
every 8 hours

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Leverage works in both directions. At 100x, a 1% move against a position takes out all of the margin behind it.