CEREBRAS (CBRS) funding rate on Phoenix

Funding APR
-13.69%
-0.0016% / 1h
Interval
1h
next 14:00 UTC
Direction
Shorts pay
shorts pay longs
Venues tracked
9
listing this pair

Over the last 30 days, CEREBRAS (CBRS) funding on Phoenix averaged +3.9% APR and stayed positive 55% of the time, ranging from -112.8% to +86.1%. Right now it pays shorts pay longs at -13.7% APR, settled every 1h across 9 venues we track. The most reliable delta-neutral pairing for CEREBRAS (CBRS) right now is long TradeXYZ / short Decibel at +0.4% net APR (low risk, ~1.5d to break even).

as of 2026-09-12 13:16 UTC

CBRS funding history on Phoenixlast 30d

30d average
+3.87%
Range
-113% / 86%
% positive
55%
Volatility
19.9
Best delta-neutral pairing
Long TradeXYZ / Short Decibel
+0.4% net APR
Backtested (30d)
+10.7%
Stability
84.9%
Risk
low
Breakeven
~1.5d

Ranked by 30-day reliability (backtest × stability × risk) — the spread that holds, not just the widest current rate.

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How CBRS funding compares across venues

ExchangeFunding APR
Ondo+8.58%
Decibel+5.26%
Lighter+3.50%
QFEX+0.00%
Variational+0.00%
Aster+0.00%
Grvt+0.00%
TradeXYZ-0.42%
Phoenix-13.69%

Frequently asked

What is the current CBRS funding rate on Phoenix?

CEREBRAS (CBRS) on Phoenix is funding at -13.69% APR (-0.0016% every 1h), paid shorts pay longs, as of 2026-09-12 13:16 UTC.

How often does Phoenix pay funding on CBRS?

Every 1 hour.

How do I earn CBRS funding without price risk?

Open a delta-neutral position: long TradeXYZ and short Decibel, currently 0.4% net APR (low risk). The two legs cancel price exposure so you keep the funding spread.

Learn the strategy