Settings8H · net · $10k
LanguageThe language of the site
ThemeDark, or a soft blue-grey
FundingPeriod funding rates are shown in
UnitsPercent or basis points
CostsCount taker fees and slippage in Net
SizePosition per leg used for Net and slippage
ExchangesWhich exchanges to include everywhere
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Funding arb · Price arb / RWA

CBRS

RWAAll CBRS markets →
Backtest 30d
LegExchangePriceFund. /8hEach paymentNext inOIVol 24hLev
LONG
AvantisCBRS/USD
110.69L +0.0374S −0.0317pay 0.0047% / 1h47m 07s$58K—10xLong Avantis
SHORT
LighterCBRS
112.94+0.0288get 0.0036% / 1h47m 07s$371K$203K10xShort Lighter7d free
Price gap+2.028%
Funding gap−0.0086% /8h

The gap pays +$203 on $10k if it goes back to zero (no 7-day history yet), but funding costs $3 a day and eats that in about 3 months.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast
Funding+$27−0.0086% /8h now · paid +0.273% over the last 7D
Price—spread +2.028% now · no price history on both exchanges yet
Costsno datano order book for Avantis
Result, before costs—+ Points / potential airdropAvantis: Season 3 · Lighter: Season 3 · farm boardneeds both price histories

Price and funding

1h · history
PRICE SPREAD · 7D
Now+2.028%
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

CBRS on 30 exchanges

lowest funding first

Before you open

3 ok · 1 to watch
  • Note: Order book unknown—
    No order-book sample for Avantis: its slippage is not counted.
  • Note: Margin at max leverage$1,000 + $1,000
    Avantis 10x, Lighter 10x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
  • OK: Same payment interval1h / 1h
    Both legs pay at the same time.
    Next 24h at the current rates, on $10k a leg: −$2.58Long Avantis: 24 payments, −$11.22; short Lighter: 24 payments, +$8.64.
  • Note: No 7-day spread history+2.028%
    The gap cannot be compared with its average yet.
  • Watch: Long leg is thinner$58K vs $371K OI
    Avantis sets your exit cost. Check its book before closing.
  • OK: Points on a legAvantis Season 3 · Lighter Season 3
    Volume here counts toward the points program.
  • OK: No KYC on either legAvantis No · Lighter No
    Both exchanges let you trade without ID.

Profit calculator

both legs, in and out
Position, each leg
Hold for
Orders
Price spread
Funding rate
Funding earned+0.0130%/8h × 21 periods+$27.29
Price spread+2.028% → 0+$202.81
Slippage, 4 ordersno data for Avantis—
Fee Avantis bp × 2 orders−$9.00
Fee Lighter bp × 2 orders$0.00
Net, fees only · 7 days · $10k+$221.10
Costs to cover0.090%Break-evenfrom the start
Slippage: Avantis: no order-book sample; Lighter: live order book, 63 min ago

Cost to enter

taker + slippage from mid, one side
BUY · LONGAvantis—————
SELL · SHORTLighter0.890.9 bp−$16.0 bp−$60doesn’t fitdoesn’t fit

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

Alert

CBRS news

posts that mention CBRS, from every exchangeSearch all news →
10-12 17:30Vest MarketsOtherCerebras is trading below its $185 IPO price, with $CBRS down around 10% on the session at a new 52-week low. CEO Andrew Feldman and CTO Sean Lie have sold over $240 million of stock since August, under trading plans adopted after the IPO. Up to 19.4 million more $CBRS shares unlock Wednesday, with another tranche due Oct. 28, and the lock-up fully expiring no later than Nov. 9. @VestExchange on X ↗
10-05 17:31Vest MarketsOtherCerebras shares are rebounding, with $CBRS up around 8% on the session and Sam Altman calling it a close partner Friday. A report last week said OpenAI's GPT-6.1 Sol Ultrafast mode runs on Nvidia GPUs, and the stock fell around 20% over the week. The two companies signed a $10B deal in January for 750 megawatts of compute through 2028, and Citi kept its 2026-2028 revenue view unchanged. @VestExchange on X ↗
09-30 16:30Vest MarketsOtherCerebras 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 10:29DeribitListing🚨 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 15:02DeribitListing🚨 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 ↗