TxFlow Level Up: trade perps and earn up to 300 USDC at $4M volume. Until Nov 2 Join
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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Backtest 30d
LegExchangePriceFund. /8hEach paymentNext inOIVol 24hLev
LONG109.5600.0000% / 8h2h 18m$2.8M$2.1M20xLong MEXC
SHORT109.39+0.0037get 0.0005% / 1h18m 46s$417K$4.5M10xShort Ondo Perps5% off
Price gap−0.155%
Funding gap+0.0037% /8h

Funding trade: +$1 a day on $10k at the current rate, before costs. The price gap is at its 7d average.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast
Funding+$10+0.0037% /8h now · paid +0.096% over the last 7D
Price$0spread −0.155% now, avg −0.155% → −0.001% if it goes back
Costs−$240.245% of $10k · taker + slippage, in and out
Result−$15−0.15%+ Points / potential airdropOndo Perps: points · farm boardWhat the last 7D really paid, hour by hour → backtest

Price and funding

1h · history
ENTRY / EXIT · 7D
Entry now—
Entry average—
Best entry—
Exit now—
Exit average—
Best exit—
Exit free—
PRICE SPREAD · 7D
Now−0.155%
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

2 ok · 3 to watch
  • OK: Fits both order books2.5 / 10.5 bp
    Entry at $10k a leg, taker fee + slippage. Closing costs about the same.
  • Note: Margin at max leverage$500 + $1,000
    MEXC 20x, Ondo Perps 10x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
  • Watch: Payment intervals differ8h / 1h
    Payments land at different times. Close right after the slower leg pays.
    Next 24h at the current rates, on $10k a leg: +$1.10Long MEXC: 3 payments, $0.00; short Ondo Perps: 24 payments, +$1.10.
  • Note: Gap at its usual level−0.155% vs −0.155%
    The price leg adds little either way.
  • Watch: Short leg is thinner$417K vs $2.8M OI
    Ondo Perps sets your exit cost. Check its book before closing.
  • OK: Points on a legOndo Perps points
    Volume here counts toward the points program.
  • Watch: KYCMEXC Yes · Ondo Perps No
    KYC before trading since Feb 2026; unverified accounts see market data only.

Profit calculator

both legs, in and out
Position, each leg
Hold for
Orders
Price spread
Funding rate
Funding earned+0.0046%/8h × 21 periods+$9.62
Price spread−0.155% → −0.155% (7d avg)−$0.05
Slippage, 4 orderslive order books−$15.47
Fee MEXC bp × 2 orders−$4.00
Fee Ondo Perps bp × 2 orders−$5.00
Net · 7 days · $10k−$14.91
Costs to cover0.245%Break-even17.9 days
Slippage: MEXC: live order book, 2 min ago; Ondo Perps: live order book, 4 min ago

Cost to enter

taker + slippage from mid, one side
BUY · LONGMEXC0.462.5 bp−$25.4 bp−$54177.3 bp−$17.7Kdoesn’t fit
SELL · SHORTOndo Perps1.3710.5 bp−$1025.8 bp−$258doesn’t fitdoesn’t fit

Closing costs about the same again.

Alert

CBRS news

posts that mention CBRS, from every exchangeSearch all news →
10-28 17:38QFEXOtherMax leverage is increased to 20x across the following markets on QFEX $SNDK, $GOOGL, $NVDA, $MU, $SKHY, $INTC, $NBIS, $CRCL, $CBRS, $META, $TSLA, $MRVL, $AAPL, $AMZN, $MSFT, $MSTR and $ANTHROPIC. @QFEX on X ↗
10-27 16:27PhoenixOtherChip stocks are moving. $CBRS +6.5%, $AMD +5.6%, $TXN +5.0%. Trade them 24/7 on Phoenix. @PhoenixTrade on X ↗
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 ↗