UBER

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0188%/8h= −20.6% APRnext payment −$1.88 per $10,000 · paid last 24h −0.030%

Price spread now: SunX against Bybit−0.140%7-day average −0.120% · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Bybit Short on SunX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.030%−$3 on $10k

Price spread, last 4 days (all we have)+0.050%+$5 · spread now −0.140%, 7d avg −0.120%

Together, before fees+0.020%+$2 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$6 a day on $10k at the current rate, and SunX is 0.021% cheaper against Bybit than usual: you would sell low and buy high (−$2 if the spread goes back to its 7-day average of −0.120%). Swap the legs.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.030% in total (about -1.6% a year). A funding rate is set anew for every payment; at this rate the next one is about −$1.88 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit UBERUSDT	71.190	0.0188	pay 0.0188% / 8h	57m 39s	$377K	$95K	25x
Short	SunX UBER-USDT	71.090	0	get 0.0000% / 8h	57m 39s	$991	$2.0M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SunX against Bybit. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee BybitbpFee SunXbpOrdersPrice spread, now −0.140%Rate

Funding earned: −$39.41
Price spread: −0.140% → −0.120%: −$2.06
Slippage, 4 orders: no order book: not counted
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee SunX: 4 bp × 2 orders: −$8
Net: −$60.48
Costs to cover: 0.190%
Break-even: never at this rate

Slippage unknown: Bybit: live order book, 37 min ago; SunX: live order book, 8 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Bybit live order book, 37 min ago	5.61 bp	15.3 bp −$15	479.5 bp −$4,795	doesn't fit	doesn't fit
Sell SunX live order book, 8 min ago	501.06 bp	doesn't fit	doesn't fit	doesn't fit	doesn't fit

UBER on 12 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Injective UBER/USDC PERP	−0.0220%	1h	70.340	−1.194%	$16K	$14K	12x	as long as short
Aster UBERUSDT	0.0000%	8h	71.554	+0.511%	$93K	$11K	20x	as long as short
Gate UBER_USDT	0.0000%	8h	71.120	−0.098%	$369K	$247K	20x	as long as short
Bitget UBERUSDT	0.0000%	8h	71.140	−0.070%	$459K	$140K	20x	as long as short
SunX UBER-USDTshort	0.0000%	8h	71.090	−0.140%	$991	$2.0M	10x
QFEX UBER-USD	+0.0067%	1h	71.060	−0.183%	$1.1M	$1.1M	10x	as long as short
Variational Omni UBER	+0.0087%	8h	71.075	−0.162%	$442K	$23K	—	as long as short
KuCoin UBERUSDTM	+0.0100%	8h	71.090	−0.140%	$170K	$508K	20x	as long as short
Binance UBERUSDT	+0.0179%	8h	71.090	−0.140%	$2.4M	$692K	20x	as long as short
Bybit UBERUSDTlong	+0.0188%	8h	71.190	long leg	$377K	$95K	25x

Show all 12 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
GRVT UBER_USDT_Perp	+0.0311%	8h	71.070	−0.169%	$786	$209K	10x	as long as short
HTX UBER-USDT	+0.1546%	8h	71.600	+0.576%	$48K	$35K	20x	as long as short