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: Bybit against SunX+0.127%56s7-day average +0.118% · you sell dearer than you buy

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

Long on SunX Short on Bybit

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)−0.049%−$5 · spread now +0.127%, 7d avg +0.118%

Together, before fees−0.019%−$2 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.118%, so right now this pair is about funding alone: +$6 a day on $10k at the current rate. The two prices were read 56 seconds apart, so part of this spread may be the market moving, not a spread.

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	SunX UBER-USDT	71.130	0	get 0.0000% / 8h	2h 30m	$930	$2.0M	10x
Short	Bybit UBERUSDT	71.220	0.0188	get 0.0188% / 8h	2h 30m	$377K	$92K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit against SunX. 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 SunXbpFee BybitbpOrdersPrice spread, now +0.127%Rate

Funding earned: $39.44
Price spread: +0.127% → +0.118%: $0.83
Slippage, 4 orders: no order book: not counted
Fee SunX: 4 bp × 2 orders: −$8
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: $21.28
Costs to cover: 0.190%
Break-even: 3.2 days

Slippage unknown: SunX: live order book, 6 min ago; Bybit: live order book, 9 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 SunX live order book, 6 min ago	500.74 bp	doesn't fit	doesn't fit	doesn't fit	doesn't fit
Sell Bybit live order book, 9 min ago	9.12 bp	29.3 bp −$29	356.4 bp −$3,564	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	70.460	−0.942%	$16K	$14K	12x	as long as short
Aster UBERUSDT	0.0000%	8h	71.565	+0.612%	$93K	$11K	20x	as long as short
Gate UBER_USDT	0.0000%	8h	71.180	+0.070%	$370K	$253K	20x	as long as short
Bitget UBERUSDT	0.0000%	8h	71.170	+0.056%	$437K	$102K	20x	as long as short
SunX UBER-USDTlong	0.0000%	8h	71.130	long leg	$930	$2.0M	10x
QFEX UBER-USD	+0.0080%	1h	71.170	+0.056%	$1.1M	$1.0M	10x	as long as short
KuCoin UBERUSDTM	+0.0100%	8h	71.240	+0.155%	$168K	$522K	20x	as long as short
Variational Omni UBER	+0.0142%	8h	71.200	+0.098%	$442K	$23K	—	as long as short
Bybit UBERUSDTshort	+0.0188%	8h	71.220	+0.127%	$377K	$92K	25x
Binance UBERUSDT	+0.0260%	8h	71.199	+0.097%	$2.4M	$657K	20x	as long as short

Show all 12 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
GRVT UBER_USDT_Perp	+0.0458%	8h	71.170	+0.056%	$396	$205K	10x	as long as short
HTX UBER-USDT	+0.1764%	8h	71.740	+0.858%	$48K	$35K	20x	as long as short