CEREBRAS (CBRS) funding rate on Phoenix

Funding APR
-27.41%
-0.0031% / 1h
Interval
1h
next 12:00 UTC
Direction
Shorts pay
shorts pay longs
Venues tracked
8
listing this pair

Over the last 0.8 days, CEREBRAS (CBRS) funding on Phoenix averaged -0.6% APR and stayed positive 31.6% of the time, ranging from -32.4% to +40.7%. Right now it pays shorts pay longs at -27.4% APR, settled every 1h across 8 venues we track. The most reliable delta-neutral pairing for CEREBRAS (CBRS) right now is long TradeXYZ / short Grvt at +49.2% net APR (low risk, ~0.3d to break even).

as of 2026-07-29 11:18 UTC

CBRS funding history on Phoenixlast 1d

30d average
-0.56%
Range
-32% / 41%
% positive
31.6%
Volatility
20.8
Best delta-neutral pairing
Long TradeXYZ / Short Phoenix
+16.2% net APR
Backtested (30d)
+34.9%
Stability
100%
Risk
low
Breakeven
~0.5d

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
Decibel+75.34%
QFEX+8.76%
Lighter+3.50%
Variational+0.00%
Grvt+0.00%
Aster+0.00%
Phoenix-27.41%
TradeXYZ-55.35%

Frequently asked

What is the current CBRS funding rate on Phoenix?

CEREBRAS (CBRS) on Phoenix is funding at -27.41% APR (-0.0031% every 1h), paid shorts pay longs, as of 2026-07-29 11:18 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 Phoenix, currently 16.2% net APR (low risk). The two legs cancel price exposure so you keep the funding spread.

Learn the strategy