SOXL

Leg	Exchange	Price	Fund. /8h	Each payment	Next in	OI	Vol 24h	Lev
LONG	PopdexSOXLUSDT	85.060	−0.0328	get 0.0041% / 1h	21m 35s	$252K	$267K	20x	Long Popdex
SHORT	Polymarket PerpsSOXL-USD	84.930	+0.0050	get 0.0006% / 1h	21m 35s	$40K	$795K	10x	Short Polymarket Perps

Price gap−0.153%

Funding gap+0.0378% /8h

Both sides work: funding pays +$11 a day on $10k, and the gap is 0.022% above its 7d average: +$2 more if it goes back.

If you open now and hold

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

Funding+$72+0.0378% /8h now · paid +0.725% over the last 7D

Price+$2spread −0.153% now, avg −0.175% → +0.022% if it goes back

Costs−$310.308% of $10k · taker + slippage, in and out

Result+$44+0.44%no pointsWhat the last 7D really paid, hour by hour → backtest

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−0.153%

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

3 ok · 2 to watch

Watch: Large against open interest7.0 / 6.9 bp
$10k is over 10% of Polymarket Perps’s open interest.
Note: Margin at max leverage$500 + $1,000
Popdex 20x, Polymarket Perps 10x. 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: +$11.34Long Popdex: 24 payments, +$9.84; short Polymarket Perps: 24 payments, +$1.50.
OK: Entry gap works for you−0.153% vs −0.175%
You short the dearer leg. If the gap goes back to average, the short gains.
Watch: Short leg is thinner$40K vs $252K OI
Polymarket Perps sets your exit cost. Check its book before closing.
Note: No points program—
Neither exchange runs points right now.
OK: No KYC on either legPopdex No · Polymarket Perps No
Both exchanges let you trade without ID.

Profit calculator

both legs, in and out

Position, each leg

Hold for

Orders

Price spread

Funding rate

Funding earned+0.0345%/8h × 21 periods+$72.46

Price spread−0.153% → −0.175% (7d avg)+$2.25

Slippage, 4 orderslive order books−$16.38

Fee Popdex bp × 2 orders−$6.40

Fee Polymarket Perps bp × 2 orders−$8.00

Net · 7 days · $10k+$43.93

Costs to cover0.308%Break-even2.8 days

Slippage: Popdex: live order book, 27 min ago; Polymarket Perps: live order book, 28 min ago

Cost to enter

taker + slippage from mid, one side

BUY · LONGPopdex1.177.0 bp−$740.0 bp−$400doesn’t fitdoesn’t fit

SELL · SHORTPolymarket Perps2.946.9 bp−$79.9 bp−$99doesn’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 ↗