ArbiLayer

CBRS arbitrage

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Live Cerebras Systems • Robinhood Token price differences between exchanges: perpetual, spot and DEX spreads after fees, with funding and depth.

Best net spread-0.08%Variational → Gate · Perp–Perp
Best perp–perp spread+0.08%Variational → Gate
Markets tracked99 venues · 9 perp · 0 spot · 0 DEX
Price range0.15%$176.79 – $177.05

Spreads between exchanges

Long (buy)Short (sell)SpreadNetSpread+FDepth $Funding 24hFunding 30DD/WChart
Variational logoVariational$176.86Gate logoGate$177.00 +0.08%-0.08% +0.08%— -0.004%— LS Chart →
KuCoin logoKuCoin$176.91Gate logoGate$177.00 +0.05%-0.11% +0.07%— +0.048%— LS Chart →
Binance logoBinance$176.92Gate logoGate$177.00 +0.05%-0.11% +0.04%— -0.025%— LS Chart →
Variational logoVariational$176.86Bybit logoBybit$176.94 +0.04%-0.12% +0.05%— +0.033%— LS Chart →
Variational logoVariational$176.86Bitget logoBitget$176.92 +0.03%-0.13% +0.01%— -0.052%— LS Chart →
Bitget logoBitget$176.95Gate logoGate$177.00 +0.03%-0.13% +0.04%— +0.048%— LS Chart →
Variational logoVariational$176.86Binance logoBinance$176.91 +0.03%-0.13% +0.03%— +0.021%— LS Chart →
Variational logoVariational$176.86HTX logoHTX$176.91 +0.03%-0.13% +0.01%— -0.052%— LS Chart →
OKX logoOKX$176.96Gate logoGate$177.00 +0.02%-0.14% +0.01%— -0.029%— LS Chart →
Variational logoVariational$176.86OKX logoOKX$176.90 +0.02%-0.14% +0.03%— +0.024%— LS Chart →
KuCoin logoKuCoin$176.91Bybit logoBybit$176.94 +0.02%-0.14% +0.05%— +0.085%— LS Chart →
Binance logoBinance$176.92Bybit logoBybit$176.94 +0.01%-0.15% +0.02%— +0.012%— LS Chart →
KuCoin logoKuCoin$176.91Bitget logoBitget$176.92 +0.01%-0.15% +0.01%— 0.000%— LS Chart →
Bybit logoBybit$176.99Gate logoGate$177.00 +0.01%-0.15% -0.01%— -0.037%— LS Chart →
Variational logoVariational$176.86Aster logoAster$176.87 +0.00%-0.16% +0.03%— +0.064%— LS Chart →
Long = where you buy, Short = where you sell. Net subtracts a two-leg taker fee model; Spread+F adds the next funding payment.Updates every 15 seconds. Not investment advice.

CBRS price on every exchange

ExchangeMarketBidAskPricevs medianFunding 24hVolume 24h
Bybit logoBybitPerpetual · CBRSUSDTPerpetual $176.94$176.99$176.97+0.02% +0.085%$12.81M
Bitget logoBitgetPerpetual · CBRSUSDTPerpetual $176.92$176.95$176.940.00% 0.000%$5.20M
Gate logoGatePerpetual · CBRS_USDTPerpetual $177.00$177.10$177.05+0.06% +0.048%$5.06M
OKX logoOKXPerpetual · CBRS-USDT-SWAPPerpetual $176.90$176.96$176.93-0.00% +0.076%$4.22M
KuCoin logoKuCoinPerpetual · CBRSUSDTMPerpetual $176.67$176.91$176.79-0.08% 0.000%$1.71M
Variational logoVariationalPerpetual · CBRSPerpetual $176.74$176.86$176.80-0.08% +0.052%$401.4K
HTX logoHTXPerpetual · CBRS-USDTPerpetual $176.91$177.02$176.97+0.02% 0.000%$15.2K
Binance logoBinancePerpetual · CBRSUSDTPerpetual $176.91$176.92$176.92-0.01% +0.073%—
Aster logoAsterPerpetual · CBRSUSDTPerpetual $176.87$177.01$176.94+0.00% +0.116%—
Price is the bid/ask midpoint. "vs median" compares each market with the median of all centralized venues.

CBRS arbitrage explained

Right now Cerebras Systems • Robinhood Token (CBRS) trades on 9 venues we scan: 9 perpetual markets, 0 spot markets and 0 DEX pools. The lowest ask is on Variational perp at $176.86 and the highest bid on Gate perp at $177.00.

The widest CBRS perpetual spread is between Variational and Gate: long CBRS on Variational at $176.86 and short on Gate at $177.00 for +0.08% gross, or -0.08% after the 0.16% two-leg fee model. No transfer is needed: both positions stay on their exchanges until the prices converge. The funding difference on this pair is -0.004% per day, which the position pays while it is open.

Small CBRS gaps usually disappear after fees, slippage and funding. Look at the Net column, the executable Depth and the spread history before trading: a gap that has been open for days is a different trade from a one-minute spike.

Related: CBRS funding rates · CBRS spread charts · Cerebras Systems • Robinhood Token price · arbitrage scanner for all coins.

Is there a CBRS arbitrage opportunity right now?

The best CBRS route right now is to buy on Variational → sell on Gate (Perp–Perp): +0.08% gross and -0.08% after fees. After fees it is not profitable, which is normal for liquid coins.

Which exchange has the cheapest CBRS?

Variational (perp) has the lowest CBRS ask at $176.86, and Gate (perp) the highest bid at $177.00. Prices update every 15 seconds on this page.

How many exchanges list CBRS?

ArbiLayer tracks 9 CBRS markets on 9 venues: 9 perpetual, 0 spot and 0 DEX pools.

How do I arbitrage CBRS without transferring coins?

Use two perpetual contracts: go long CBRS on the cheaper exchange (Variational now) and short it on the more expensive one (Gate), then close both legs when the spread converges. The coins never move between exchanges.

Arbitrage for other coins

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