SOXS

Leg	Exchange	Price	Fund. /8h	Each payment	Next in	OI	Vol 24h	Lev
LONG	QFEXSOXS-USD	75.530	+0.0010	pay 0.0001% / 1h	42m 18s	$1.3M	$1.3M	30x	Long QFEX37% off
SHORT	Kraken FuturesPF_SOXSUSD	75.096	−0.9831	pay 0.1229% / 1h	42m 18s	$234K	$346K	20x	Short Kraken Futures

Price gap−0.575%

Funding gap−0.9841% /8h

Both sides work against this direction now: funding costs $295 a day on $10k and the gap is 0.520% under its 7d average. Swap the legs.

If you open now and hold

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

Funding−$87−0.9841% /8h now · paid −0.874% over the last 7D

Price−$52spread −0.575% now, avg −0.055% → −0.520% if it goes back

Costs−$6826.824% of $10k · taker + slippage, in and out

Result−$822−8.22%no points

The current funding rate is far below what this pair has been paying: over the last 7 days it paid −0.874% in total, about −0.0416%/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−0.575%

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

1 ok · 4 to watch

Watch: Thin at this size12.0 / 363.6 bp
At $10k entering Kraken Futures costs 363.6 bp, fee and slippage, 30.4× QFEX’s.
Note: Margin at max leverage$333 + $500
QFEX 30x, Kraken Futures 20x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
OK: Same payment interval1h / 1h
Both legs pay at the same time.
Next 24h at the current rates, on $10k a leg: −$295.23Long QFEX: 24 payments, −$0.30; short Kraken Futures: 24 payments, −$294.93.
Watch: Gap narrower than usual−0.575% vs −0.055%
Less room for the price leg to pay you. If it goes back to average, the short loses.
Watch: Short leg is thinner$234K vs $1.3M OI
Kraken Futures sets your exit cost. Check its book before closing.
Note: No points program—
Neither exchange runs points right now.
Watch: KYCQFEX No · Kraken Futures Yes
Full verification; not offered in the US (a separate US product), Canada, Australia (wholesale only) or to retail UK clients.

Profit calculator

both legs, in and out

Position, each leg

Hold for

Orders

Price spread

Funding rate

Funding earned−0.0416%/8h × 21 periods−$87.43

Price spread−0.575% → −0.055% (7d avg)−$52.02

Slippage, 4 orderslive order books−$662.38

Fee QFEX bp × 2 orders−$10.00

Fee Kraken Futures bp × 2 orders−$10.00

Net · 7 days · $10k−$821.83

Costs to cover6.824%Break-evennever at this rate

Slippage: QFEX: live order book, 2 min ago; Kraken Futures: live order book, 38 min ago

Cost to enter

taker + slippage from mid, one side

BUY · LONGQFEX2.6312.0 bp−$1223.3 bp−$233doesn’t fitdoesn’t fit

SELL · SHORTKraken Futures106.33363.6 bp−$364doesn’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 exchange

10-29 09:00	Gate	Listing	Gate ETF New Listing: $SOXS (SOXS) & $CBRS (Cerebras) 🔹 Trading Pairs: #SOXS3L / $USDT & #SOXS3S / $USDT & #CBRS3L / $USDT & #CBRS3S / $USDT 🔹 Trading Starts: 7:00 AM, Oct 29th, 2026 (UTC) 🔹 3× leverage for long and short positions, with greater flexibility Details: @Gate on X ↗
10-29 09:00	Gate	Other	Trade $SOXS: Trade $CBRS: @Gate on X ↗
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 ↗