Settings8H · net · $10k
LanguageThe language of the site
ThemeDark, or a soft blue-grey
FundingPeriod funding rates are shown in
UnitsPercent or basis points
CostsCount taker fees and slippage in Net
SizePosition per leg used for Net and slippage
ExchangesWhich exchanges to include everywhere
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Backtest 30d
LegExchangePriceFund. /8hEach paymentNext inOIVol 24hLev
LONG52.780−0.0016get 0.0002% / 1h54m 24s$1.5M$5.2M30xLong QFEX10% back
SHORT52.83000.0000% / 8h4h 54m$845$120K10xShort 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 forecast
Funding−$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 · history
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

/8h

SOXS on 20 exchanges

lowest funding first

Before 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 + $1,000
    QFEX 30x, SunX 10x. 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: +$0.48Long 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 OI
    SunX 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 No
    Both exchanges let you trade without ID.

Profit calculator

both legs, in and out
Position, each leg
Hold for
Orders
Price spread
Funding 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 $10k
Costs to cover—Break-even—
Slippage: QFEX: live order book, 4 min ago; SunX: live order book, 51 min ago

Cost to enter

taker + slippage from mid, one side
BUY · 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.

Alert

SOXS news

posts that mention SOXS or Direxion Semiconductor Bear 3x, from every exchangeSearch all news →
10-15 08:22OrderlyOtherstart trading $SOXS and $SQQQ now @OrderlyNetwork on X ↗
10-15 08:20OrderlyOther2 leveraged ETFs just got perped 🟣 $SOXS - 3x inverse semiconductor ETF $SQQQ - 3x inverse Nasdaq 100 ETF Long or short both across 500+ Orderly-powered DEXs @OrderlyNetwork on X ↗
10-14 14:41OrderlyListingnew market PERP_SOXS_USDC_mythos ($SOXS) seen by our collector
10-14 10:07DeribitListing🚨 Now live on Deribit: CRWV • ORCL • SOXS • DELL • PLTR & SNXX USDC-settled perpetuals. ↓ @DeribitOfficial on X ↗
10-14 10:00DeribitListingnew market SOXS_USDC-PERPETUAL ($SOXS) seen by our collector
10-12 12:59DeribitListing🚨 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 ↗