Funding arb · Price arb / RWA

CBRS

RWAAll CBRS markets →

LONGAvantis▾edgeX −0.0457%BloFin −0.0018%Aster 0.0000%OKX 0.0000%QFEX 0.0000%Gate 0.0000%KuCoin 0.0000%Variational Omni 0.0000%SunX 0.0000%Deribit 0.0000%AZverse +0.0007%Extended +0.0008%Binance +0.0009%Vest Markets +0.0046%GRVT +0.0055%ApeX Omni +0.0100%Orderly +0.0100%TxFlow +0.0100%Aevo +0.0104%HTX +0.0163%Bitget +0.0208%BingX +0.0272%Polymarket Perps +0.0274%Bybit +0.0282%Lighter +0.0288%Avantis +0.0374%tradeXYZ +0.0543%Phoenix +0.0709%Ondo Perps +0.0842%

⇄⇅

SHORTMEXC▾Ondo Perps +0.0842%Phoenix +0.0709%tradeXYZ +0.0543%Lighter +0.0288%Bybit +0.0282%Polymarket Perps +0.0274%BingX +0.0272%Bitget +0.0208%HTX +0.0163%Aevo +0.0104%ApeX Omni +0.0100%Orderly +0.0100%TxFlow +0.0100%GRVT +0.0055%Vest Markets +0.0046%MEXC +0.0010%Binance +0.0009%Extended +0.0008%AZverse +0.0007%Aster 0.0000%OKX 0.0000%QFEX 0.0000%Gate 0.0000%KuCoin 0.0000%Variational Omni 0.0000%SunX 0.0000%Deribit 0.0000%BloFin −0.0018%edgeX −0.0457%

Backtest 30d☆

Leg	Exchange	Price	Fund. /8h	Each payment	Next in	OI	Vol 24h	Lev
LONG	AvantisCBRS/USD	110.69	L +0.0374S −0.0317	pay 0.0047% / 1h	46m 52s	$58K	—	10x	Long Avantis
SHORT	MEXCCBRSSTOCK_USDT	112.92	+0.0010	get 0.0010% / 8h	5h 46m	$3.0M	$136K	20x	Short MEXC

Price gap+2.010%46s

Funding gap−0.0364% /8h

The gap pays +$201 on $10k if it goes back to zero (no 7-day history yet), but funding costs $11 a day and eats that in about 18 days.

The current funding rate is far below what this pair has been paying: over the last 7 days it paid +0.184% in total, about +0.0088%/8h on average.

Price and funding

Price spreadPricesFundingLeg ratesP&L

1m5m15m1h

1h · history

24H3D7D14D30D90D

Price spread?

Prices?

Funding?per 8h

PRICE SPREAD · 7D

Now+2.010%

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

AvantisMEXC

CBRS on 30 exchanges

lowest funding first

Before you open

1 ok · 4 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 + $500

  Avantis 10x, MEXC 20x. 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−$11.22

  Short MEXC · 8h+$0.30

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

  Next 24h at the current rates, on $10k a leg: −$10.92Long Avantis: 24 payments, −$11.22; short MEXC: 3 payments, +$0.30.
• !
  Watch: Prices read 46 s apart+2.010% vs —

  Part of this gap may be the market moving.
• !
  Watch: Long leg is thinner$58K vs $3.0M 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 · MEXC Yes

  KYC before trading since Feb 2026; unverified accounts see market data only.

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+0.0088%/8h × 21 periods+$18.40

Price spreadprices read too far apart to compare—

Slippage, 4 ordersno data for Avantis—

Fee Avantis bp × 2 orders−$9.00

Fee MEXC bp × 2 orders−$4.00

Net, fees only · 7 days · $10k+$5.40

price spread not counted: prices read too far apart

Costs to cover0.130%Break-even4.9 days

Slippage: Avantis: no order-book sample; MEXC: live order book, 4 min ago

Cost to enter

taker + slippage from mid, one side

Leg½ spr$10k$100k$1M$5M

BUY · LONGAvantis—————

SELL · SHORTMEXC0.444.4 bp−$46.1 bp−$61158.7 bp−$15.9K257.0 bp−$128.5K

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

Alert

FundingSpread

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

Create alert

FundingPrice spread

I'm in

CBRS news

posts that mention CBRS, from every exchangeSearch all news →

10-12 17:30	Vest Markets	Other	Cerebras 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 17:31	Vest Markets	Other	Cerebras 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 16:30	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 ↗