What is the CBRS perp on Hyperliquid?

A perpetual contract on CBRS deployed by XYZ under Hyperliquid's HIP-3, cash-settled in USDC, with the oracle price published by the deployer.

Who pays funding on CBRS right now?

longs pay shorts: 0.0050% per 8h, 5.5% annualised, as of Tue, 20 Oct 2026 22:07:09 UTC.

Up to 10× on XYZ, isolated margin only.

Snapshot Tue, 20 Oct 2026 22:07:09 UTC · Other HIP-3 markets · on 1 venue · CSV

CBRS trades as a perpetual on XYZ. Funding on XYZ is 0.0050% per 8h (longs pay shorts), open interest $34.9M, 24h volume $21.3M, leverage up to 10×.

Mark price · 24h · XYZ

$122.60+1.36%

oracle $122.61 · premium -0.0310%

Open interest

$34.9M

0.9% of all HIP-3 open interest

Cost of holding $10k long · 7d · XYZ

paid $2.61

$0.37 a day on average · 168 hourly settlements

Leverage · margin

10×

isolated margin only · funding every hour

Venue	Market	Funding 8h	APR	7-day avg (8h)	Who pays	Mark	Oracle	Open interest	24h volume	Max lev.	Trade
XYZ Hyperliquid	`xyz:CBRS`	0.0050%	5.5%	0.0012%	longs pay shorts	$122.60	$122.61	$34.9M	$21.3M	10×	Hyperliquid ↗

Funding is the venue's hourly rate × 8; positive means longs pay shorts. Oracle and mark are the deployer's prices.

168 hourly settlements · range -0.4311% to 0.6040% per 8h · hover for the exact hour

Deployer: XYZ · dex xyz · address 0x88806a71d74ad0a510b350545c9ae490912f0888
Settlement: Cash-settled perpetual on Hyperliquid, HIP-3 framework; the deployer publishes the oracle price and can halt and settle the market.
Funding: Paid every hour between longs and shorts, as on every Hyperliquid perp. Shown here on an 8h basis; APR = hourly × 8,760.
Leverage: Up to 10× on XYZ, isolated margin only.

What is the CBRS perp on Hyperliquid?: A perpetual contract on CBRS deployed by XYZ under Hyperliquid's HIP-3, cash-settled in USDC, with the oracle price published by the deployer.
Who pays funding on CBRS right now?: longs pay shorts: 0.0050% per 8h, 5.5% annualised, as of Tue, 20 Oct 2026 22:07:09 UTC.
What leverage does CBRS allow?: Up to 10× on XYZ, isolated margin only.