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
LONG32.94800.0000% / 8h33m 27s$17.2M$282.1M25xLong Binance
SHORT32.940+0.0026get 0.0003% / 1h33m 27s$1.9M$16.3M30xShort QFEX
Price gap−0.023%
Funding gap+0.0026% /8h

Funding trade: +$1 a day on $10k at the current rate, before costs. The price gap is at its 7d average.

Funding on this pair cost 0.147% over the last 7 days: the rate has only just turned.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast
Funding−$15+0.0026% /8h now · paid −0.147% over the last 4 days (all we have)
Price+$1spread −0.023% now, avg −0.038% → +0.015% if it goes back
Costs−$320.317% of $10k · taker + slippage, in and out

Funding history

you earnyou payavg
RANGE STATS · 7D
Average /8h—
Highest—
Lowest—
Paid you—

Short leg rate minus long leg rate, per 8h. Above zero: the pair pays you.

Price spread between the two exchanges

QFEX price against Binancenow
RANGE STATS · 7D
Now−0.023%
Average—
Range—
Wider than now—

Where the spread has been, last 7D

share of time at each level

Funding on every exchange

/8h

SOXS on 16 exchanges

lowest funding first

Before you open

1 ok · 3 to watch
  • OK: Fits both order books6.5 / 10.5 bp
    Entry at $10k a leg, taker fee + slippage. Closing costs about the same.
  • Note: Margin at max leverage$400 + $333
    Binance 25x, QFEX 30x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
  • Watch: Payment intervals differ8h / 1h
    Payments land at different times. Close right after the slower leg pays.
    Next 24h at the current rates, on $10k a leg: +$0.79Long Binance: 3 payments, $0.00; short QFEX: 24 payments, +$0.79.
  • Note: Gap at its usual level−0.023% vs −0.038%
    The price leg adds little either way.
  • Watch: Short leg is thinner$1.9M vs $17.2M OI
    QFEX sets your exit cost. Check its book before closing.
  • Note: No points program—
    Neither exchange runs points right now.
  • Watch: KYCBinance Yes · QFEX No
    Verified KYC to deposit or trade; futures accounts under 30 days old are capped at 20x.

Profit calculator

both legs, in and out
Position, each leg
Hold for
Orders
Price spread
Funding rate
Funding earned−0.0125%/8h × 21 periods−$26.21
Price spread−0.023% → −0.038% (7d avg)+$1.46
Slippage, 4 orderslive order books−$11.65
Fee Binance bp × 2 orders−$10.00
Fee QFEX bp × 2 orders−$10.00
Net · 7 days · $10k−$56.41
Costs to cover0.317%Break-evennever at this rate
Slippage: Binance: live order book, 15 min ago; QFEX: live order book, 6 min ago

Cost to enter

taker + slippage from mid, one side
BUY · LONGBinance1.546.5 bp−$79.5 bp−$9543.3 bp−$4,328242.7 bp−$121.3K
SELL · SHORTQFEX3.0610.5 bp−$1116.6 bp−$166doesn’t fitdoesn’t fit

Closing costs about the same again.

Alert

SOXS news

posts that mention SOXS or Direxion Semiconductor Bear 3x, from every exchangeSearch all news →
09-28 13:30QFEXListing$SOXS - Direxion Daily Semiconductor Bear 3X ETF is now trading 24/7 on QFEX @QFEX on X ↗
09-25 16:48QFEXListingnew market SOXS-USD ($SOXS) seen by our collector
09-22 22:30BinanceOtherSOXS bStock (SOXSB) dividends are now in your Spot Wallet ✅ If you were holding tokens before 23 Sep 2026, your dividend should now be available. → $0.43 USD dividend per share → Distributed as additional SOXSB Thank you for being part of Binance bStocks. 🫡 @binance on X ↗