SOXS

Leg	Exchange	Price	Fund. /8h	Each payment	Next in	OI	Vol 24h	Lev
LONG	DeribitSOXS_USDC-PERPETUAL	52.794	+0.0192	pay 0.0024% / 1h	54m 46s	$112K	$184K	10x	Long Deribit
SHORT	SunXSOXS-USDT	52.830	0	0.0000% / 8h	4h 54m	$845	$120K	10x	Short SunX≤10% back

Price gap+0.068%

Funding gap−0.0192% /8h

The gap pays +$7 on $10k if it goes back to zero (no 7-day history yet), but funding costs $6 a day and eats that in about 29 hours. At the last 7 days' pace that is about 11 days.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast

Funding−$4−0.0192% /8h now · paid −0.042% over the last 7D

Price—spread +0.068% now · no price history on both exchanges yet

Costsdoesn’t fit$10k a leg is deeper than the books hold

Result, before costs—no pointsneeds both price histories

The current funding rate is far below what this pair has been paying: over the last 7 days it paid −0.042% in total, about −0.0020%/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+0.068%

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 · 4 to watch

Problem: Doesn’t fit the books—
$10k a leg is deeper than SunX’s order book right now.
Note: Margin at max leverage$1,000 + $1,000
Deribit 10x, SunX 10x. 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: −$5.75Long Deribit: 24 payments, −$5.75; short SunX: 3 payments, $0.00.
Note: No 7-day spread history+0.068%
The gap cannot be compared with its average yet.
Watch: Short leg is thinner$845 vs $112K OI
SunX sets your exit cost. Check its book before closing.
Note: No points program—
Neither exchange runs points right now.
Watch: KYCDeribit Yes · SunX No
ID, proof of address and a financial profile before any deposit; not for the US, Canada, Japan or retail UK clients.

Profit calculator

both legs, in and out

Position, each leg

Hold for

Orders

Price spread

Funding rate

Funding earned−0.0020%/8h × 21 periods−$4.20

Price spread+0.068% → 0+$6.84

Slippage, 4 ordersdoesn’t fit the book at $10k—

Fee Deribit bp × 2 orders−$7.00

Fee SunX bp × 2 orders−$8.00

Net · 7 days · $10k—

doesn’t fit the books at $10k

Costs to cover—Break-even—

Slippage: Deribit: live order book, 17 min ago; SunX: live order book, 50 min ago

Cost to enter

taker + slippage from mid, one side

BUY · LONGDeribit3.759.1 bp−$910.5 bp−$105doesn’t fitdoesn’t fit

SELL · SHORTSunX901.33doesn’t fitdoesn’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 →

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 ↗
10-14 10:00	Deribit	Listing	new market SOXS_USDC-PERPETUAL ($SOXS) seen by our collector
10-12 12:59	Deribit	Listing	🚨 New Equity & ETF Perpetuals. Coming to Deribit. On Wednesday, October 14, 2026 at 10:00 AM UTC, Deribit will launch the following USDC-settled equity perpetuals: CRWV • ORCL • SOXS • DELL • PLTR • SNXX Contract details: 🔹 Settlement: USDC 🔹 Full specs: @DeribitOfficial on X ↗