Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 52.780 | −0.0016 | get 0.0002% / 1h | 54m 24s | $1.5M | $5.2M | 30x | Long QFEX10% back | |
| SHORT | 52.830 | 0 | 0.0000% / 8h | 4h 54m | $845 | $120K | 10x | Short SunX≤10% back |
Price gap+0.095%
Funding gap+0.0016% /8h
Both sides work: funding pays $0 a day on $10k, and the gap is 0.095% above zero (no 7-day history yet): +$9 more if it goes back.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$2+0.0016% /8h now · paid −0.024% over the last 7D
Price—spread +0.095% now · no price history on both exchanges yet
Costsdoesn’t fit$10k a leg is deeper than the books hold
Result, before costs—no pointsneeds both price histories
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+0.095%
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
1 ok · 3 to watch- Problem: Doesn’t fit the books—$10k a leg is deeper than SunX’s order book right now.
- Note: Margin at max leverage$333 + $1,000QFEX 30x, SunX 10x. 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: +$0.48Long QFEX: 24 payments, +$0.48; short SunX: 3 payments, $0.00.
- Note: No 7-day spread history+0.095%The gap cannot be compared with its average yet.
- Watch: Short leg is thinner$845 vs $1.5M OISunX sets your exit cost. Check its book before closing.
- Note: No points program—Neither exchange runs points right now.
- OK: No KYC on either legQFEX No · SunX NoBoth exchanges let you trade without ID.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0012%/8h × 21 periods−$2.42
Price spread+0.095% → 0+$9.47
Slippage, 4 ordersdoesn’t fit the book at $10k—
Fee QFEX bp × 2 orders−$10.00
Fee SunX bp × 2 orders−$8.00
Net · 7 days · $10k—
doesn’t fit the books at $10kCosts to cover—Break-even—
Slippage: QFEX: live order book, 4 min ago; SunX: live order book, 51 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGQFEX2.8311.9 bp−$121255.8 bp−$12.6Kdoesn’t fitdoesn’t fit
SELL · SHORTSunX901.33doesn’t fitdoesn’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 exchangeSearch all news →| 10-15 08:22 | Orderly | Other | start trading $SOXS and $SQQQ now @OrderlyNetwork on X ↗ |
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| 10-14 10:00 | Deribit | Listing | new market SOXS_USDC-PERPETUAL ($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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