Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 33.510 | +0.0858 | pay 0.0429% / 4h | 1h 42m | $37K | $160K | 10x | Long edgeX | |
| SHORT | 33.340 | +0.0042 | get 0.0005% / 1h | 42m 46s | $1.1M | $4.2M | 30x | Short QFEX |
Price gap−0.506%
Funding gap−0.0816% /8h
Both sides work against this direction now: funding costs $24 a day on $10k and the gap is 0.453% under its 7d average. Swap the legs.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$69−0.0816% /8h now · paid −0.693% over the last 5 days (all we have)
Price−$45spread −0.506% now, avg −0.053% → −0.453% if it goes back
Costs−$450.452% of $10k · taker + slippage, in and out
Result−$160−1.60%+ Points / potential airdropedgeX: points · farm boardWhat 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−0.506%
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 16 exchanges
lowest funding firstBefore you open
2 ok · 4 to watch- Watch: Large against open interest15.0 / 8.1 bp$10k is over 10% of edgeX’s open interest.
- Note: Margin at max leverage$1,000 + $333edgeX 10x, QFEX 30x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- Watch: Payment intervals differ4h / 1hPayments land at different times. Close right after the slower leg pays.Next 24h at the current rates, on $10k a leg: −$24.48Long edgeX: 6 payments, −$25.73; short QFEX: 24 payments, +$1.26.
- Watch: Gap narrower than usual−0.506% vs −0.053%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Watch: Long leg is thinner$37K vs $1.1M OIedgeX sets your exit cost. Check its book before closing.
- OK: Points on a legedgeX pointsVolume here counts toward the points program.
- OK: No KYC on either legedgeX No · QFEX NoBoth exchanges let you trade without ID.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0473%/8h × 21 periods−$99.32
Price spread−0.506% → −0.053% (7d avg)−$45.31
Slippage, 4 orderslive order books−$26.15
Fee edgeX bp × 2 orders−$9.00
Fee QFEX bp × 2 orders−$10.00
Net · 7 days · $10k−$189.79
Costs to cover0.452%Break-evennever at this rate
Slippage: edgeX: live order book, 17 min ago; QFEX: live order book, 9 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGedgeX9.0815.0 bp−$1533.6 bp−$336doesn’t fitdoesn’t fit
SELL · SHORTQFEX3.018.1 bp−$813.9 bp−$139doesn’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 ↗ |
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