Binance Futures to Launch CBRSUSDT Perpetual Contract with 10x Leverage

According to the announcement from Binance, the platform is set to expand its trading options on Binance Futures by introducing the CBRSUSDT Perpetual Contract. This new contract will be available starting 2026-05-19 at 09:30 (UTC), offering traders the opportunity to engage with up to 10x leverage. The CBRSUSDT Perpetual Contract is designed to track the price of Cerebras Systems Inc. Class A Common Stock, listed on Nasdaq under the ticker CBRS. The settlement asset for this contract is USDT, with a tick size of 0.01 and a minimum trade amount of 0.01 CBRS. The minimum notional value is set at 5 USDT. The funding rate for the CBRSUSDT Perpetual Contract is capped at +2.00% and -2.00%, with funding fee settlements occurring every eight hours. The interest rate of the funding rate is 0%, and trading will be available 24/7. The contract supports Multi-Assets Mode, allowing users to trade across multiple margin assets, subject to applicable haircuts. For instance, users can utilize BTC as margin when trading this perpetual contract. Binance has noted that the specifications of the Futures contract, including funding fee, tick size, maximum leverage, initial margin, and maintenance margin requirements, may be adjusted based on market risk conditions. This launch is part of Binance's ongoing efforts to enhance the trading experience by providing diverse options for its users.