Funding arb · Price arb / RWA

CBRS

RWAAll CBRS markets →

LONGAvantis▾edgeX −0.0609%Avantis −0.0098%tradeXYZ −0.0086%Aster 0.0000%SunX 0.0000%HTX 0.0000%Lighter +0.0032%Phoenix +0.0045%Vest Markets +0.0046%Polymarket Perps +0.0050%Variational Omni +0.0059%QFEX +0.0072%ApeX Omni +0.0100%Aevo +0.0104%Binance +0.0111%Extended +0.0112%BloFin +0.0130%GRVT +0.0144%Bybit +0.0189%Deribit +0.0198%Bitget +0.0199%OKX +0.0210%Ondo Perps +0.0291%KuCoin +0.0297%Coinbase International +0.0456%Gate +0.0673%

⇄⇅

SHORTBingX▾Gate +0.0673%Coinbase International +0.0456%KuCoin +0.0297%Ondo Perps +0.0291%OKX +0.0210%BingX +0.0200%Bitget +0.0199%Deribit +0.0198%Bybit +0.0189%GRVT +0.0144%BloFin +0.0130%Extended +0.0112%Binance +0.0111%Aevo +0.0104%ApeX Omni +0.0100%QFEX +0.0072%Variational Omni +0.0059%Polymarket Perps +0.0050%Vest Markets +0.0046%Phoenix +0.0045%Lighter +0.0032%Aster 0.0000%SunX 0.0000%HTX 0.0000%tradeXYZ −0.0086%edgeX −0.0609%

Backtest 30d☆

Leg	Exchange	Price	Fund. /8h	Each payment	Next in	OI	Vol 24h	Lev
LONG	AvantisCBRS/USD	178.66	L −0.0098S +0.0135	get 0.0012% / 1h	15m 27s	$101K	—	10x	Long Avantis
SHORT	BingXNCSKCBRS2USD-USDT	178.92	+0.0200	get 0.0200% / 8h	4h 15m	$916K	$1.7M	—	Short BingX

Price gap+0.146%

Funding gap+0.0298% /8h

Funding trade: +$9 a day on $10k at the current rate, before costs. The price gap is at its 7d average.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid +0.201% in total, about +0.0096%/8h on average.

Price and funding

Entry / ExitPrice spreadPricesFundingLeg ratesP&L

1m5m15m

1h · history

24H3D7D14D30D90D

Entry / Exit?Avantis: thin, under $1M open interest · BingX: thin, under $1M open interest

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+0.146%

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

AvantisBingX

CBRS on 27 exchanges

lowest funding first

Before you open

1 ok · 3 to watch

• i
  Note: Order book unknown—

  No order-book sample for Avantis: its slippage is not counted.
• i
  Note: Margin at max leverage$1,000 + —

  Avantis 10x, BingX —. Keep about 2× this so a sharp move doesn’t liquidate one leg.
• !
  Watch: Payment intervals differ1h / 8h

  Payments land at different times. Close right after the slower leg pays.

  Long Avantis · 1h+$2.95

  Short BingX · 8h+$6.00

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

  Next 24h at the current rates, on $10k a leg: +$8.95Long Avantis: 24 payments, +$2.95; short BingX: 3 payments, +$6.00.
• i
  Note: Gap at its usual level+0.146% vs +0.142%

  The price leg adds little either way.
• !
  Watch: Long leg is thinner$101K vs $916K OI

  Avantis sets your exit cost. Check its book before closing.
• ✓
  OK: Points on a legAvantis Season 3

  Volume here counts toward the points program.
• !
  Watch: KYCAvantis No · BingX Yes

  Advanced 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 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+0.0096%/8h × 21 periods+$20.10

Price spread+0.146% → +0.142% (7d avg)+$0.36

Slippage, 4 ordersno data for Avantis—

Fee Avantis bp × 2 orders−$9.00

Fee BingX bp × 2 orders−$10.00

Net, fees only · 7 days · $10k+$1.45

Costs to cover0.190%Break-even6.5 days

Slippage: Avantis: no order-book sample; BingX: live order book, 18 min ago

Cost to enter

taker + slippage from mid, one side

Leg½ spr$10k$100k$1M$5M

BUY · LONGAvantis—————

SELL · SHORTBingX0.287.0 bp−$715.7 bp−$15733.8 bp−$3,383141.8 bp−$70.9K

Closing costs about the same again.
Avantis: no data.

Alert

FundingSpread

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

Create alert

CBRS news

posts that mention CBRS, from every exchangeSearch all news →

09-30 16:30	Vest Markets	Other	Cerebras is reportedly not serving OpenAI's newest Ultrafast tier, with $CBRS down over 7% on today's session. Neither Cerebras nor OpenAI has confirmed the SemiAnalysis post, while the August Ultrafast mode for GPT-5.6 Sol ran on Cerebras at up to 750 tokens per second. The IPO lockup also released up to 19.4 million shares today, part of about 171 million in early-release tranches, with $CBRS below its $185 IPO price. @VestExchange on X ↗
09-17 10:29	Deribit	Listing	🚨 More equity and commodity perpetuals are now live on Deribit Equities LITE · SKHY · SOXL · CBRS · SNDK · ARM · BE · NBIS · EWY · MU · DRAM Commodities GOLD · SILVER · BRENTOIL · WTIOIL ↓ @DeribitOfficial on X ↗
09-16 15:02	Deribit	Listing	🚨 More To Trade. Tomorrow, September 17, 2026, at 10:00 AM UTC, 11 more equity perpetual markets and 4 commodity perpetuals will go live on Deribit. All settled in USDC. Equities LITE · SKHY · SOXL · CBRS · SNDK · ARM · BE · NBIS · EWY · MU · DRAM Commodities GOLD · SILVER · BRENTOIL · WTIOIL This launch is part of Deribit’s biggest-ever product expansion: more than 90 new USDC-settled perpetuals across crypto, listed equities and ETFs, commodities, the COIN50 index and private-market valuations. Read more: Disclaimer: Equity & Commodity perpetuals are offered by Deribit FZE under its Limited Licence Approval from VARA, and are subject to the conditions, client eligibility criteria and restrictions of that approval. @DeribitOfficial on X ↗