Settings8H · net · $10k
LanguageThe language of the site
FundingPeriod funding rates are shown in
UnitsPercent or basis points
CostsCount taker fees and slippage in Net
SizePosition per leg used for Net and slippage
ExchangesWhich exchanges to include everywhere
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Backtest 30d
LegExchangePriceFund. /8hEach paymentNext inOIVol 24hLev
LONG144.48+0.0048pay 0.0006% / 1h50m 49s$387K$847K20xLong Popdex
SHORT144.7500.0000% / 8h4h 50m$2.2M$4.5M20xShort Variational Omni+15% pts
Price gap+0.189%46s
Funding gap−0.0048% /8h

The gap pays +$21 on $10k if it goes back to its 7d average, but funding costs $1 a day and eats that in about 14 days. At the last 7 days' pace that is about 5.4 days.

The two prices were read 46 s apart: part of this gap may be the market moving.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast
Funding−$23−0.0048% /8h now · paid −0.233% over the last 6 days (all we have)
Price—spread +0.189%46s now · prices read too far apart to compare
Costs−$270.270% of $10k · taker + slippage, in and out
Result—+ Points / potential airdropVariational Omni: points · farm boardneeds both prices read together

Price and funding

1h · loading 5m…
PRICE SPREAD · 7D
Now+0.189%
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 30 exchanges

lowest funding first

Before you open

3 ok · 3 to watch
  • OK: Fits both order books6.0 / 4.2 bp
    Entry at $10k a leg, taker fee + slippage. Closing costs about the same.
  • Note: Margin at max leverage$500 + $500
    Popdex 20x, Variational Omni 20x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
  • Watch: Payment intervals differ1h / 8h
    Payments land at different times. Close right after the slower leg pays.
    Next 24h at the current rates, on $10k a leg: −$1.44Long Popdex: 24 payments, −$1.44; short Variational Omni: 3 payments, $0.00.
  • Watch: Prices read 46 s apart+0.189% vs −0.017%
    Part of this gap may be the market moving.
  • Watch: Long leg is thinner$387K vs $2.2M OI
    Popdex sets your exit cost. Check its book before closing.
  • OK: Points on a legVariational Omni points
    Volume here counts toward the points program.
  • OK: No KYC on either legPopdex No · Variational Omni 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−0.0127%/8h × 21 periods−$26.73
Price spreadprices read too far apart to compare—
Slippage, 4 orderslive order books−$20.63
Fee Popdex bp × 2 orders−$6.40
Fee Variational Omni bp × 2 orders$0.00
Net · 7 days · $10k−$53.76
price spread not counted: prices read too far apart
Costs to cover0.270%Break-evennever at this rate
Slippage: Popdex: live order book, 27 min ago; Variational Omni: RFQ quote, 2 min ago

Cost to enter

taker + slippage from mid, one side
BUY · LONGPopdex1.376.0 bp−$638.2 bp−$382doesn’t fitdoesn’t fit
SELL · SHORTVariational Omni2.384.2 bp−$46.0 bp−$60doesn’t fitdoesn’t fit

Closing costs about the same again.

Alert

SOXL news

posts that mention SOXL or Direxion Semiconductor Bull 3x, from every exchangeSearch all news →
09-29 10:03BybitOther🚀 6 new tickers just landed, bringing Bybit Perp Options to 8 powerhouse assets! Trade Perp Options on SPCX, NVDA, TSLA, SKHY, MU, QQQ, SNDK & SOXL, and join the Wall Street Blue-Chip Options Challenge. 🏆 70K USDT in prizes up for grabs. @Bybit_Official on X ↗
09-29 05:00BybitOtherBybit Perp Options are here. We just added 6 NEW tickers, bringing our lineup to 8 powerhouses: 🚀 SPCX | NVDA | TSLA | SKHY | MU | QQQ | SNDK | SOXL Trade US equity options starting from just 1 share, 24/7, settled in USDT, all from one account. @Bybit_Official on X ↗
09-23 18:02BinanceOtherSOXL bStock (SOXLB) dividends are now in your Spot Wallet ✅ If you were holding tokens before 23 Sep 2026, your dividend should now be available. → $0.09 USD dividend per share → Distributed as additional SOXLB Thank you for being part of Binance bStocks. 🫡 @binance on X ↗
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09-16 15:02DeribitListing🚨 More To Trade. Tomorrow, September 17, 2026, at 10:00 AM UTC, 11 more equity perpetual markets and 4 commodity perpetuals will go live on Deribit. All settled in USDC. Equities LITE · SKHY · SOXL · CBRS · SNDK · ARM · BE · NBIS · EWY · MU · DRAM Commodities GOLD · SILVER · BRENTOIL · WTIOIL This launch is part of Deribit’s biggest-ever product expansion: more than 90 new USDC-settled perpetuals across crypto, listed equities and ETFs, commodities, the COIN50 index and private-market valuations. Read more: Disclaimer: Equity & Commodity perpetuals are offered by Deribit FZE under its Limited Licence Approval from VARA, and are subject to the conditions, client eligibility criteria and restrictions of that approval. @DeribitOfficial on X ↗