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
LONG111.1800.0000% / 8h2h 50m$1K$1.9M10xLong SunX≤10% back
SHORT110.88+0.0100get 0.0013% / 1h50m 02s$29K$119K20xShort TxFlow5% off
Price gap−0.270%
Funding gap+0.0100% /8h

Funding pays +$3 a day on $10k, but the gap is 0.043% under its 7d average: −$4 if it goes back, about 34 hours of funding.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast
Funding+$27+0.0100% /8h now · paid +0.274% over the last 7D
Price−$4spread −0.270% now, avg −0.227% → −0.043% if it goes back
Costs−$1521.524% of $10k · taker + slippage, in and out
Result−$129−1.29%+ Points / potential airdropTxFlow: 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−0.270%
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 · 4 to watch
  • Watch: Thin at this size49.2 / 9.3 bp
    At $10k entering SunX costs 49.2 bp, fee and slippage, 5.3× TxFlow’s.
  • Note: Margin at max leverage$1,000 + $500
    SunX 10x, TxFlow 20x. 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: +$3.00Long SunX: 3 payments, $0.00; short TxFlow: 24 payments, +$3.00.
  • Watch: Gap narrower than usual−0.270% vs −0.227%
    Less room for the price leg to pay you. If it goes back to average, the short loses.
  • Watch: Long leg is thinner$1K vs $29K OI
    SunX sets your exit cost. Check its book before closing.
  • OK: Points on a legTxFlow points
    Volume here counts toward the points program.
  • OK: No KYC on either legSunX No · TxFlow 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+$27.36
Price spread−0.270% → −0.227% (7d avg)−$4.29
Slippage, 4 orderslive order books−$135.38
Fee SunX bp × 2 orders−$8.00
Fee TxFlow bp × 2 orders−$9.00
Net · 7 days · $10k−$129.32
Costs to cover1.524%Break-even40.1 days
Slippage: SunX: live order book, 7 min ago; TxFlow: live order book, 57 min ago

Cost to enter

taker + slippage from mid, one side
BUY · LONGSunX30.9249.2 bp−$49doesn’t fitdoesn’t fitdoesn’t fit
SELL · SHORTTxFlow2.249.3 bp−$925.1 bp−$251doesn’t fitdoesn’t fit

Closing costs about the same again.

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 ↗