xyz:CBRSother / unreviewed · growth mode on · 10× max
Over 106 days of 20-level order-book snapshots, xyz:CBRS quoted a median spread of 2.90 bps in US regular hours with $337k resting within 25 bps of mid. A $25k market order paid about 4.92 bps in regular hours and 6.99 bps on weekends, when depth within 25 bps fell to $68k. Taker fee is 0.90 bps with growth mode on; funding averaged -10.14% annualised over the last 30 days.
by sessionNew York time · medians over 106 days
| session | snaps | spread | p90 | top | depth ±10 | depth ±25 | depth ±50 | $5k | $25k | $100k | $100k fills | $250k fills |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| US regular 9:30–16:00 | 4,822 | 2.90 | 6.79 | $337k | 4.92 | 7.98 | 61% | 3% | ||||
| US extended 4–9:30, 16–20 | 7,096 | 2.33 | 5.26 | $187k | 5.18 | 8.61 | 22% | 0% | ||||
| Overnight 20–4 | 4,865 | 2.42 | 5.89 | $169k | 5.45 | 9.18 | 14% | 0% | ||||
| Weekend / holiday | 9,125 | 2.55 | 5.92 | $68k | 6.99 | 9.50 | 4% | 0% |
bps unless stated · RTH 9:30–16:00 · extended 4:00–9:30 and 16:00–20:00 · overnight 20:00–4:00 on weekdays · weekend runs Friday 20:00 to Monday 4:00 and includes NYSE holidays · slip = mean of the buy and sell side of a market order walking the visible 20 levels · fills = share of snapshots the size fits inside those levels · "—" = not fillable in the median snapshot
slippage curve
hour of week
weekly · spread
weekly · depth ±25 bps
per round trip = 2 × median slippage + 2 × taker fee · funding uses the 30-day mean hourly rate, annualised, charged for a position held all day · slippage between tested sizes is interpolated on a log scale · ignores maker rebates, impact that persists after your fill, and fee tiers
history1 market change to xyz:CBRS observed in the changelog · newest first
- 2026-08-03 23:52OI cap$100.0M ↑ $150.0MoiCap observed changing from $100M to $150M
observed = first collector snapshot showing the new value, UTC; the change happened between the previous snapshot and that one · announced = the market appeared with trading disabled; listed = trading enabled; trading halt = off and back within 48 h, before → after = mark either side · full changelog · atom feed
25,908 snapshots · 2026-06-16 18:27 → 2026-09-30 18:15 UTC (106.0 days) · size decimals 2 · raw: /api/xyz/CBRS.json · method and caveats: methodology