SOXS

Leg	Exchange	Price	Fund. /8h	Each payment	Next in	OI	Vol 24h	Lev
LONG	QFEXSOXS-USD	33.090	+0.0024	pay 0.0003% / 1h	28m 37s	$1.1M	$3.1M	30x	Long QFEX
SHORT	BitgetSOXSUSDT	33.128	0	0.0000% / 8h	3h 28m	$6.0M	$34.5M	20x	Short Bitget

Price gap+0.115%

Funding gap−0.0024% /8h

The gap pays +$5 on $10k if it goes back to its 7d average, but funding costs $1 a day and eats that in about 7.2 days.

Funding on this pair paid 0.247% 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+$25−0.0024% /8h now · paid +0.247% over the last 5 days (all we have)

Price+$5spread +0.115% now, avg +0.063% → +0.052% if it goes back

Costs−$400.399% of $10k · taker + slippage, in and out

Result−$10−0.10%no pointsWhat 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+0.115%

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

2 ok · 3 to watch

OK: Fits both order books11.9 / 10.7 bp
Entry at $10k a leg, taker fee + slippage. Closing costs about the same.
Note: Margin at max leverage$333 + $500
QFEX 30x, Bitget 20x. 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: −$0.73Long QFEX: 24 payments, −$0.73; short Bitget: 3 payments, $0.00.
OK: Entry gap works for you+0.115% vs +0.063%
You short the dearer leg. If the gap goes back to average, the short gains.
Watch: Long leg is thinner$1.1M vs $6.0M OI
QFEX sets your exit cost. Check its book before closing.
Note: No points program—
Neither exchange runs points right now.
Watch: KYCQFEX No · Bitget Yes
KYC mandatory since Sep 2023; unverified accounts can only withdraw and close positions.

Profit calculator

both legs, in and out

Position, each leg

Hold for

Orders

Price spread

Funding rate

Funding earned+0.0171%/8h × 21 periods+$35.90

Price spread+0.115% → +0.063% (7d avg)+$5.22

Slippage, 4 orderslive order books−$17.88

Fee QFEX bp × 2 orders−$10.00

Fee Bitget bp × 2 orders−$12.00

Net · 7 days · $10k+$1.25

Costs to cover0.399%Break-even6.8 days

Slippage: QFEX: live order book, 3 min ago; Bitget: live order book, 9 min ago

Cost to enter

taker + slippage from mid, one side

BUY · LONGQFEX2.9611.9 bp−$12doesn’t fitdoesn’t fitdoesn’t fit

SELL · SHORTBitget0.8810.7 bp−$1124.7 bp−$24740.1 bp−$4,011143.7 bp−$71.9K

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 ↗