SOXL

Leg	Exchange	Price	Fund. /8h	Each payment	Next in	OI	Vol 24h	Lev
LONG	DeribitSOXL_USDC-PERPETUAL	84.250	+0.2130	pay 0.0266% / 1h	40m 55s	$2.9M	$350K	10x	Long Deribit
SHORT	PopdexSOXLUSDT	84.390	−0.1648	pay 0.0206% / 1h	40m 55s	$250K	$265K	20x	Short Popdex

Price gap+0.166%

Funding gap−0.3778% /8h

Funding costs $113 a day on $10k at the current rate. Swap the legs.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast

Funding−$78−0.3778% /8h now · paid −0.777% over the last 7D

Price+$2spread +0.166% now, avg +0.151% → +0.015% if it goes back

Costs−$370.368% of $10k · taker + slippage, in and out

Result−$113−1.13%no pointsWhat the last 7D really paid, hour by hour → backtest

The current funding rate is far below what this pair has been paying: over the last 7 days it paid −0.777% in total, about −0.0370%/8h on average.

Price and funding

1h · history

Entry / Exit

Price spread

Prices

Fundingper 8h

ENTRY / EXIT · 7D

Entry now—

Entry average—

Best entry—

Exit now—

Exit average—

Best exit—

Exit free—

PRICE SPREAD · 7D

Now+0.166%

Average—

Range—

Wider than now—

FUNDING SPREAD · 7D

Average /8h—

Highest—

Lowest—

Paid you—

Where the spread has been, last 7D

share of time at each level

Funding on every exchange

/8h

SOXL on 32 exchanges

lowest funding first

Before you open

2 ok · 2 to watch

OK: Fits both order books9.9 / 10.3 bp
Entry at $10k a leg, taker fee + slippage. Closing costs about the same.
Note: Margin at max leverage$1,000 + $500
Deribit 10x, Popdex 20x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
OK: Same payment interval1h / 1h
Both legs pay at the same time.
Next 24h at the current rates, on $10k a leg: −$113.33Long Deribit: 24 payments, −$63.89; short Popdex: 24 payments, −$49.44.
Note: Gap at its usual level+0.166% vs +0.151%
The price leg adds little either way.
Watch: Short leg is thinner$250K vs $2.9M OI
Popdex sets your exit cost. Check its book before closing.
Note: No points program—
Neither exchange runs points right now.
Watch: KYCDeribit Yes · Popdex No
ID, proof of address and a financial profile before any deposit; not for the US, Canada, Japan or retail UK clients.

Profit calculator

both legs, in and out

Position, each leg

Hold for

Orders

Price spread

Funding rate

Funding earned−0.0370%/8h × 21 periods−$77.72

Price spread+0.166% → +0.151% (7d avg)+$1.53

Slippage, 4 orderslive order books−$23.42

Fee Deribit bp × 2 orders−$7.00

Fee Popdex bp × 2 orders−$6.40

Net · 7 days · $10k−$113.01

Costs to cover0.368%Break-evennever at this rate

Slippage: Deribit: live order book, 4 min ago; Popdex: live order book, 62 min ago

Cost to enter

taker + slippage from mid, one side

BUY · LONGDeribit0.599.9 bp−$1013.0 bp−$130doesn’t fitdoesn’t fit

SELL · SHORTPopdex2.3710.3 bp−$1067.8 bp−$678doesn’t fitdoesn’t fit

Closing costs about the same again.

SOXL news

posts that mention SOXL or Direxion Semiconductor Bull 3x, from every exchangeSearch all news →

10-19 12:48	Polymarket Perps	Other	JUST IN: South Korean stocks rally as semiconductor names show strength, with $SOXL, $SKHYNIX, & $EWY among the top gainers on Polymarket Perps. @Poly_Perps on X ↗
10-12 17:13	Aster	Listing	new market SOXLUSD1 ($SOXL) seen by our collector
10-08 13:37	RISEx	Listing	New stock and crypto listings this week: $SOXL $MON $WLD All live at 10x leverage @risextrade on X ↗
10-08 13:37	RISEx	Other	Trade now $SOXL: $MON: $WLD: @risextrade on X ↗
10-08 07:42	RISEx	Listing	new market SOXL/USDC ($SOXL) seen by our collector
10-06 10:00	Bybit	Other	5/ Live now on Bybit: $TSLA · $NVDA · $QQQ · $SOXL · $MU · $SKHY · $SPCX · $SNDK Fractional lots. USDT settled. Full strategies from one account. Wall Street instruments. No Wall Street hours. Try Perp Options here: @Bybit_Official on X ↗