CBRS

Leg	Exchange	Price	Fund. /8h	Each payment	Next in	OI	Vol 24h	Lev
LONG	Polymarket PerpsCBRS-USD	84.150	+0.0177	pay 0.0022% / 1h	7m 25s	$130K	$174K	10x	Long Polymarket Perps
SHORT	DeribitCBRS_USDC-PERPETUAL	84.090	−0.0819	pay 0.0102% / 1h	7m 25s	$377K	$877K	10x	Short Deribit

Price gap−0.071%

Funding gap−0.0996% /8h

Funding costs $30 a day on $10k at the current rate. Swap the legs.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast

Funding−$48−0.0996% /8h now · paid −0.476% over the last 7D

Price$0spread −0.071% now, avg −0.068% → −0.003% if it goes back

Costs−$430.434% of $10k · taker + slippage, in and out

Result−$91−0.91%no points

The current funding rate is far below what this pair has been paying: over the last 7 days it paid −0.476% in total, about −0.0227%/8h on average.

Price and funding

1h · history

Entry / Exit

Price spread

Prices

Fundingper 8h

ENTRY / EXIT · 7D

Entry now—

Entry average—

Best entry—

Exit now—

Exit average—

Best exit—

Exit free—

PRICE SPREAD · 7D

Now−0.071%

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 31 exchanges

lowest funding first

Before you open

2 ok · 2 to watch

OK: Fits both order books7.6 / 14.7 bp
Entry at $10k a leg, taker fee + slippage. Closing costs about the same.
Note: Margin at max leverage$1,000 + $1,000
Polymarket Perps 10x, Deribit 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: −$29.87Long Polymarket Perps: 24 payments, −$5.30; short Deribit: 24 payments, −$24.57.
Note: Gap at its usual level−0.071% vs −0.068%
The price leg adds little either way.
Watch: Long leg is thinner$130K vs $377K OI
Polymarket Perps sets your exit cost. Check its book before closing.
Note: No points program—
Neither exchange runs points right now.
Watch: KYCPolymarket Perps No · Deribit Yes
ID, proof of address and a financial profile before any deposit; not for the US, Canada, Japan or retail UK clients.

Profit calculator

both legs, in and out

Position, each leg

Hold for

Orders

Price spread

Funding rate

Funding earned−0.0227%/8h × 21 periods−$47.58

Price spread−0.071% → −0.068% (7d avg)−$0.32

Slippage, 4 orderslive order books−$28.40

Fee Polymarket Perps bp × 2 orders−$8.00

Fee Deribit bp × 2 orders−$7.00

Net · 7 days · $10k−$91.31

Costs to cover0.434%Break-evennever at this rate

Slippage: Polymarket Perps: live order book, 22 min ago; Deribit: live order book, 18 min ago

Cost to enter

taker + slippage from mid, one side

BUY · LONGPolymarket Perps3.587.6 bp−$89.8 bp−$98doesn’t fitdoesn’t fit

SELL · SHORTDeribit1.2014.7 bp−$1521.2 bp−$212doesn’t fitdoesn’t fit

Closing costs about the same again.

CBRS news

posts that mention CBRS, from every exchange

11-04 18:54	Aftermath Perps	Listing	You can now long or short $CBRS with up to 5x leverage @AftermathFi on X ↗
11-02 17:36	Aftermath Perps	Listing	new market CBRSUSD ($CBRS) seen by our collector
10-29 09:00	Gate	Listing	Gate ETF New Listing: $SOXS (SOXS) & $CBRS (Cerebras) 🔹 Trading Pairs: #SOXS3L / $USDT & #SOXS3S / $USDT & #CBRS3L / $USDT & #CBRS3S / $USDT 🔹 Trading Starts: 7:00 AM, Oct 29th, 2026 (UTC) 🔹 3× leverage for long and short positions, with greater flexibility Details: @Gate on X ↗
10-29 09:00	Gate	Other	Trade $SOXS: Trade $CBRS: @Gate on X ↗
10-28 17:38	QFEX	Other	Max 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 16:27	Phoenix	Other	Chip stocks are moving. $CBRS +6.5%, $AMD +5.6%, $TXN +5.0%. Trade them 24/7 on Phoenix. @PhoenixTrade on X ↗