SOXS

Leg	Exchange	Price	Fund. /8h	Each payment	Next in	OI	Vol 24h	Lev
LONG	QFEXSOXS-USD	32.780	+0.0030	pay 0.0004% / 1h	52m 21s	$1.9M	$16.3M	30x	Long QFEX
SHORT	BinanceSOXSUSDT	32.781	0	0.0000% / 8h	7h 52m	$17.0M	$284.0M	25x	Short Binance

Price gap+0.003%

Funding gap−0.0030% /8h

Both sides work against this direction now: funding costs $1 a day on $10k and the gap is 0.035% under its 7d average. Swap the legs.

Funding on this pair paid 0.147% 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+$15−0.0030% /8h now · paid +0.147% over the last 4 days (all we have)

Price−$4spread +0.003% now, avg +0.038% → −0.035% if it goes back

Costs−$310.312% of $10k · taker + slippage, in and out

Result−$20−0.20%no pointsWhat the last 7D really paid, hour by hour → backtest

Funding history

you earnyou payavg

RANGE STATS · 7D

Average /8h—

Highest—

Lowest—

Paid you—

Short leg rate minus long leg rate, per 8h. Above zero: the pair pays you.

Price spread between the two exchanges

Binance price against QFEXnow

RANGE STATS · 7D

Now+0.003%

Average—

Range—

Wider than now—

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 · 4 to watch

OK: Fits both order books8.1 / 6.5 bp
Entry at $10k a leg, taker fee + slippage. Closing costs about the same.
Note: Margin at max leverage$333 + $400
QFEX 30x, Binance 25x. 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: −$0.89Long QFEX: 24 payments, −$0.89; short Binance: 3 payments, $0.00.
Watch: Gap narrower than usual+0.003% vs +0.038%
Less room for the price leg to pay you. If it goes back to average, the short loses.
Watch: Long leg is thinner$1.9M vs $17.0M OI
QFEX sets your exit cost. Check its book before closing.
Note: No points program—
Neither exchange runs points right now.
Watch: KYCQFEX No · Binance Yes
Verified KYC to deposit or trade; futures accounts under 30 days old are capped at 20x.

Profit calculator

both legs, in and out

Position, each leg

Hold for

Orders

Price spread

Funding rate

Funding earned+0.0124%/8h × 21 periods+$26.02

Price spread+0.003% → +0.038% (7d avg)−$3.52

Slippage, 4 orderslive order books−$11.19

Fee QFEX bp × 2 orders−$10.00

Fee Binance bp × 2 orders−$10.00

Net · 7 days · $10k−$8.68

Costs to cover0.312%Break-even9.3 days

Slippage: QFEX: live order book, 7 min ago; Binance: live order book, 11 min ago

Cost to enter

taker + slippage from mid, one side

BUY · LONGQFEX3.068.1 bp−$815.1 bp−$151doesn’t fitdoesn’t fit

SELL · SHORTBinance1.526.5 bp−$78.3 bp−$8343.1 bp−$4,307173.1 bp−$86.5K

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 ↗