Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 53.079 | 0 | 0.0000% / 1h | 0m 51s | $107K | $196K | 10x | Long Deribit | |
| SHORT | 53.280 | 0 | 0.0000% / 8h | 4h 00m | $2.1M | $315K | 20x | Short Variational Omni+15% pts |
Price gap+0.379%
Funding gap0.0000% /8h
Funding is ≈ 0, so this is a price-spread trade: +$37 on $10k if the gap goes back to its 7d average.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$120.0000% /8h now · paid +0.118% over the last 7D
Price+$37spread +0.379% now, avg +0.012% → +0.367% if it goes back
Costs−$380.375% of $10k · taker + slippage, in and out
Result+$11+0.11%+ Points / potential airdropVariational Omni: points · farm boardWhat the last 7D really paid, hour by hour → backtest
Price and funding
1h · historyEntry / 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+0.379%
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
/8hSOXS on 20 exchanges
lowest funding firstBefore you open
3 ok · 3 to watch- OK: Fits both order books7.3 / 6.9 bpEntry at $10k a leg, taker fee + slippage. Closing costs about the same.
- Note: Margin at max leverage$1,000 + $500Deribit 10x, Variational Omni 20x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- Watch: Payment intervals differ1h / 8hPayments land at different times. Close right after the slower leg pays.Next 24h at the current rates, on $10k a leg: $0.00Long Deribit: 24 payments, $0.00; short Variational Omni: 3 payments, $0.00.
- OK: Entry gap works for you+0.379% vs +0.012%You short the dearer leg. If the gap goes back to average, the short gains.
- Watch: Long leg is thinner$107K vs $2.1M OIDeribit sets your exit cost. Check its book before closing.
- OK: Points on a legVariational Omni pointsVolume here counts toward the points program.
- Watch: KYCDeribit Yes · Variational Omni NoID, 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 outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned+0.0056%/8h × 21 periods+$11.84
Price spread+0.379% → +0.012% (7d avg)+$36.66
Slippage, 4 orderslive order books−$30.52
Fee Deribit bp × 2 orders−$7.00
Fee Variational Omni bp × 2 orders$0.00
Net · 7 days · $10k+$10.98
Costs to cover0.375%Break-even0.5 days
Slippage: Deribit: live order book, 6 min ago; Variational Omni: RFQ quote, 3 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGDeribit3.767.3 bp−$78.6 bp−$86doesn’t fitdoesn’t fit
SELL · SHORTVariational Omni3.326.9 bp−$710.5 bp−$105doesn’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 ↗ |
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