Settings8H · net · $10k
LanguageThe language of the site
ThemeDark, or a soft blue-grey
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
LONG84.332+0.0530pay 0.0066% / 1h1m 06s$215K$110K10xLong RISExInvite
SHORT83.950+0.0161get 0.0161% / 8h3h 01m$3.3M$3.3M20xShort Variational Omni+15% pts
Price gap−0.453%46s
Funding gap−0.0369% /8h

Both sides work against this direction now: funding costs $11 a day on $10k and the gap is 0.342% under its 7d average. Swap the legs.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast
Funding−$11−0.0369% /8h now · paid −0.113% over the last 7D
Price—spread −0.453%46s now · prices read too far apart to compare
Costs−$170.172% of $10k · taker + slippage, in and out
Result—+ Points / potential airdropVariational Omni: points · farm boardneeds both prices read together

The current funding rate is far below what this pair has been paying: over the last 7 days it paid −0.113% in total, about −0.0054%/8h on average.

Price and funding

1h · history
ENTRY / EXIT · 7D
Entry now—
Entry average—
Best entry—
Exit now—
Exit average—
Best exit—
Exit free—
PRICE SPREAD · 7D
Now−0.453%
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 · 3 to watch
  • OK: Fits both order books4.2 / 4.8 bp
    Entry at $10k a leg, taker fee + slippage. Closing costs about the same.
  • Note: Margin at max leverage$1,000 + $500
    RISEx 10x, 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: −$11.07Long RISEx: 24 payments, −$15.91; short Variational Omni: 3 payments, +$4.84.
  • Watch: Prices read 46 s apart−0.453% vs −0.110%
    Part of this gap may be the market moving.
  • Watch: Long leg is thinner$215K vs $3.3M OI
    RISEx 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 legRISEx 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−0.0054%/8h × 21 periods−$11.33
Price spreadprices read too far apart to compare—
Slippage, 4 orderslive order books−$11.18
Fee RISEx bp × 2 orders−$6.00
Fee Variational Omni bp × 2 orders$0.00
Net · 7 days · $10k−$28.51
price spread not counted: prices read too far apart
Costs to cover0.172%Break-evennever at this rate
Slippage: RISEx: live order book, 1 min ago; Variational Omni: RFQ quote, 2 min ago

Cost to enter

taker + slippage from mid, one side
BUY · LONGRISEx1.194.2 bp−$410.8 bp−$108doesn’t fitdoesn’t fit
SELL · SHORTVariational Omni2.754.8 bp−$56.9 bp−$69doesn’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 →
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10-12 17:13AsterListingnew market SOXLUSD1 ($SOXL) seen by our collector
10-08 13:37RISExListingNew stock and crypto listings this week: $SOXL $MON $WLD All live at 10x leverage @risextrade on X ↗
10-08 13:37RISExOtherTrade now $SOXL: $MON: $WLD: @risextrade on X ↗
10-08 07:42RISExListingnew market SOXL/USDC ($SOXL) seen by our collector
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