SOXS

Leg	Exchange	Price	Fund. /8h	Each payment	Next in	OI	Vol 24h	Lev
LONG	BitgetSOXSUSDT	32.907	0	0.0000% / 8h	2h 58m	$5.6M	$35.8M	20x	Long Bitget
SHORT	QFEXSOXS-USD	32.910	+0.0024	get 0.0003% / 1h	58m 32s	$1.1M	$3.4M	30x	Short QFEX

Price gap+0.009%

Funding gap+0.0024% /8h

Both sides work: funding pays +$1 a day on $10k, and the gap is 0.072% above its 7d average: +$7 more if it goes back.

Funding on this pair cost 0.247% 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−$25+0.0024% /8h now · paid −0.247% over the last 5 days (all we have)

Price+$7spread +0.009% now, avg −0.063% → +0.072% if it goes back

Costs−$390.394% of $10k · taker + slippage, in and out

Result−$57−0.57%no pointsWhat the last 7D really paid, hour by hour → backtest

Price and funding

1h · loading 5m…

Price spread

Prices

Fundingper 8h

P&L

PRICE SPREAD · 7D

Now+0.009%

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 16 exchanges

lowest funding first

Before you open

2 ok · 2 to watch

OK: Fits both order books9.3 / 8.0 bp
Entry at $10k a leg, taker fee + slippage. Closing costs about the same.
Note: Margin at max leverage$500 + $333
Bitget 20x, 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: +$0.73Long Bitget: 3 payments, $0.00; short QFEX: 24 payments, +$0.73.
OK: Entry gap works for you+0.009% vs −0.063%
You short the dearer leg. If the gap goes back to average, the short gains.
Note: Short leg is thinner$1.1M vs $5.6M OI
Both legs are deep; QFEX is the smaller one.
Note: No points program—
Neither exchange runs points right now.
Watch: KYCBitget Yes · QFEX No
KYC mandatory since Sep 2023; unverified accounts can only withdraw and close positions.

Profit calculator

both legs, in and out

Position, each leg

Hold for

Orders

Price spread

Funding rate

Funding earned−0.0170%/8h × 21 periods−$35.75

Price spread+0.009% → −0.063% (7d avg)+$7.17

Slippage, 4 orderslive order books−$17.42

Fee Bitget bp × 2 orders−$12.00

Fee QFEX bp × 2 orders−$10.00

Net · 7 days · $10k−$68.00

Costs to cover0.394%Break-evennever at this rate

Slippage: Bitget: live order book, 9 min ago; QFEX: live order book, 8 min ago

Cost to enter

taker + slippage from mid, one side

BUY · LONGBitget0.919.3 bp−$925.5 bp−$255122.5 bp−$12.3Kdoesn’t fit

SELL · SHORTQFEX3.038.0 bp−$8doesn’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 exchangeSearch all news →

09-28 13:30	QFEX	Listing	$SOXS - Direxion Daily Semiconductor Bear 3X ETF is now trading 24/7 on QFEX @QFEX on X ↗
09-25 16:48	QFEX	Listing	new market SOXS-USD ($SOXS) seen by our collector
09-22 22:30	Binance	Other	SOXS 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 ↗