CBRS

CBRS token vs the real share

CBRSx on Solana against the ordinary CBRS share, sampled every 15 minutes.

Latest basis
-17.14%
token trades below the share · 2026-09-05 13:39 UTC
token$174.3076vsshare$210.3502
Pool depth $0thin pool

Read this one carefully. The pool behind this quote holds $0. A gap measured against a pool that thin is a stale price, not a dislocation you can trade.

Basis history

7d · 3h buckets · 479 samples
negative = token cheaper than the share
+3.87%0-19.83%
31 Aug5 Sep
Average
-6.24%
Widest discount
-18.99%
Widest premium
+2.65%
Distinct token prices
2

Why this matters for a delta-neutral position

The perps on CBRS price off the ordinary share — marks sit within about 0.10–0.15% of it — while the long leg of the carry is bought as a token on Solana. So this gap is not a curiosity: it is the entry cost of the position, charged in full on the way in. Buying at a discount is a rebate if the gap closes before you exit and a loss if it widens, which is precisely the question this series was started to settle. "Distinct token prices" is the quickest sanity check available: if the count is 1, nothing traded and the number above is a leftover quote.

Samples land every 15 minutes and are kept 90 days. Readings beyond ±20% are never recorded — past that it is a broken pool quote, not a basis.

CBRS funding rates across venues → xStocks scanner →