SOXS

Leg	Exchange	Price	Fund. /8h	Each payment	Next in	OI	Vol 24h	Lev
LONG	BingXNCSKSOXS12USD-USDT	75.730	−0.0309	get 0.0309% / 8h	7h 45m	$996K	$3.9M	—	Long BingX
SHORT	Kraken FuturesPF_SOXSUSD	75.467	−0.9783	pay 0.1223% / 1h	45m 25s	$235K	$345K	20x	Short Kraken Futures

Price gap−0.347%

Funding gap−0.9474% /8h

Both sides work against this direction now: funding costs $284 a day on $10k and the gap is 0.162% 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−$44−0.9474% /8h now · paid −0.444% over the last 7D

Price−$16spread −0.347% now, avg −0.185% → −0.162% if it goes back

Costs−$6716.712% of $10k · taker + slippage, in and out

Result−$732−7.32%no points

The current funding rate is far below what this pair has been paying: over the last 7 days it paid −0.444% in total, about −0.0211%/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−0.347%

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

SOXS on 20 exchanges

lowest funding first

Before you open

0 ok · 5 to watch

Watch: Thin at this size5.6 / 363.6 bp
At $10k entering Kraken Futures costs 363.6 bp, fee and slippage, 64.5× BingX’s.
Note: Margin at max leverage— + $500
BingX —, Kraken Futures 20x. 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: −$284.21Long BingX: 3 payments, +$9.27; short Kraken Futures: 24 payments, −$293.48.
Watch: Gap narrower than usual−0.347% vs −0.185%
Less room for the price leg to pay you. If it goes back to average, the short loses.
Watch: Short leg is thinner$235K vs $996K OI
Kraken Futures sets your exit cost. Check its book before closing.
Note: No points program—
Neither exchange runs points right now.
Watch: KYCBingX Yes · Kraken Futures Yes
Advanced KYC to deposit or trade; unverified accounts can only withdraw, up to 20,000 USDT a day. Rules vary by region.

Profit calculator

both legs, in and out

Position, each leg

Hold for

Orders

Price spread

Funding rate

Funding earned−0.0211%/8h × 21 periods−$44.36

Price spread−0.347% → −0.185% (7d avg)−$16.18

Slippage, 4 orderslive order books−$651.22

Fee BingX bp × 2 orders−$10.00

Fee Kraken Futures bp × 2 orders−$10.00

Net · 7 days · $10k−$731.76

Costs to cover6.712%Break-evennever at this rate

Slippage: BingX: live order book, 10 min ago; Kraken Futures: live order book, 35 min ago

Cost to enter

taker + slippage from mid, one side

BUY · LONGBingX0.635.6 bp−$615.1 bp−$15153.4 bp−$5,344193.6 bp−$96.8K

SELL · SHORTKraken Futures106.33363.6 bp−$364doesn’t fitdoesn’t fitdoesn’t fit

Closing costs about the same again.

SOXS news

posts that mention SOXS or Direxion Semiconductor Bear 3x, from every exchange

10-29 09:00	Gate	Listing	Gate ETF New Listing: $SOXS (SOXS) & $CBRS (Cerebras) 🔹 Trading Pairs: #SOXS3L / $USDT & #SOXS3S / $USDT & #CBRS3L / $USDT & #CBRS3S / $USDT 🔹 Trading Starts: 7:00 AM, Oct 29th, 2026 (UTC) 🔹 3× leverage for long and short positions, with greater flexibility Details: @Gate on X ↗
10-29 09:00	Gate	Other	Trade $SOXS: Trade $CBRS: @Gate on X ↗
10-15 08:22	Orderly	Other	start trading $SOXS and $SQQQ now @OrderlyNetwork on X ↗
10-15 08:20	Orderly	Other	2 leveraged ETFs just got perped 🟣 $SOXS - 3x inverse semiconductor ETF $SQQQ - 3x inverse Nasdaq 100 ETF Long or short both across 500+ Orderly-powered DEXs @OrderlyNetwork on X ↗
10-14 14:41	Orderly	Listing	new market PERP_SOXS_USDC_mythos ($SOXS) seen by our collector
10-14 10:07	Deribit	Listing	🚨 Now live on Deribit: CRWV • ORCL • SOXS • DELL • PLTR & SNXX USDC-settled perpetuals. ↓ @DeribitOfficial on X ↗