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
My profile →
My profile
Backtest 30d
LegExchangePriceFund. /8hEach paymentNext inOIVol 24hLev
LONG32.88000.0000% / 8h5h 56m$3.2M$15.3M50xLong Bybit
SHORT32.820+0.0035get 0.0004% / 1h56m 59s$2.0M$16.0M30xShort QFEX
Price gap−0.182%53s
Funding gap+0.0035% /8h

Funding pays +$1 a day on $10k, but the gap is 0.118% under its 7d average: −$12 if it goes back, about 11 days of funding.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast
Funding−$16+0.0035% /8h now · paid −0.164% over the last 5 days (all we have)
Price—spread −0.182%53s now · prices read too far apart to compare
Costs−$440.442% of $10k · taker + slippage, in and out
Result—no pointsneeds both prices read together

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−0.182%
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

1 ok · 3 to watch
  • OK: Fits both order books11.0 / 8.4 bp
    Entry at $10k a leg, taker fee + slippage. Closing costs about the same.
  • Note: Margin at max leverage$200 + $333
    Bybit 50x, 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: +$1.04Long Bybit: 3 payments, $0.00; short QFEX: 24 payments, +$1.04.
  • Watch: Prices read 53 s apart−0.182% vs −0.065%
    Part of this gap may be the market moving.
  • Note: Short leg is thinner$2.0M vs $3.2M OI
    Both legs are deep; QFEX is the smaller one.
  • Note: No points program—
    Neither exchange runs points right now.
  • Watch: KYCBybit Yes · QFEX No
    Standard verification is mandatory for every product.

Profit calculator

both legs, in and out
Position, each leg
Hold for
Orders
Price spread
Funding rate
Funding earned−0.0102%/8h × 21 periods−$21.38
Price spreadprices read too far apart to compare—
Slippage, 4 orderslive order books−$23.21
Fee Bybit bp × 2 orders−$11.00
Fee QFEX bp × 2 orders−$10.00
Net · 7 days · $10k−$65.59
price spread not counted: prices read too far apart
Costs to cover0.442%Break-evennever at this rate
Slippage: Bybit: live order book, 3 min ago; QFEX: live order book, 4 min ago

Cost to enter

taker + slippage from mid, one side
BUY · LONGBybit1.5211.0 bp−$1117.0 bp−$170doesn’t fitdoesn’t fit
SELL · SHORTQFEX1.528.4 bp−$8doesn’t fitdoesn’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 ↗