Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 33.840 | +0.0014 | pay 0.0002% / 1h | 9m 39s | $1.1M | $3.1M | 30x | Long QFEX | |
| SHORT | 33.721 | 0 | 0.0000% / 8h | 4h 09m | $775K | $936K | 20x | Short Variational Omni+15% pts |
Price gap−0.353%47s
Funding gap−0.0014% /8h
Both sides work against this direction now: funding costs $0 a day on $10k and the gap is 0.401% under its 7d average. Swap the legs.
Funding on this pair paid 0.186% over the last 7 days: the rate has only just turned. The two prices were read 47 s apart: part of this gap may be the market moving.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$19−0.0014% /8h now · paid +0.186% over the last 5 days (all we have)
Price—spread −0.353%47s now · prices read too far apart to compare
Costs−$400.401% of $10k · taker + slippage, in and out
Result—+ Points / potential airdropVariational Omni: points · farm boardneeds both prices read together
Price and funding
1h · loading 5m…Price spread
Prices
Fundingper 8h
P&L
PRICE SPREAD · 7D
Now−0.353%
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 16 exchanges
lowest funding firstBefore you open
3 ok · 3 to watch- OK: Fits both order books13.8 / 8.3 bpEntry at $10k a leg, taker fee + slippage. Closing costs about the same.
- Note: Margin at max leverage$333 + $500QFEX 30x, Variational Omni 20x. 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: −$0.43Long QFEX: 24 payments, −$0.43; short Variational Omni: 3 payments, $0.00.
- Watch: Prices read 47 s apart−0.353% vs +0.048%Part of this gap may be the market moving.
- Watch: Short leg is thinner$775K vs $1.1M OIVariational Omni sets your exit cost. Check its book before closing.
- OK: Points on a legVariational Omni pointsVolume here counts toward the points program.
- OK: No KYC on either legQFEX No · Variational Omni NoBoth exchanges let you trade without ID.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned+0.0130%/8h × 21 periods+$27.25
Price spreadprices read too far apart to compare—
Slippage, 4 orderslive order books−$30.10
Fee QFEX bp × 2 orders−$10.00
Fee Variational Omni bp × 2 orders$0.00
Net · 7 days · $10k−$12.85
price spread not counted: prices read too far apartCosts to cover0.401%Break-even10.3 days
Slippage: QFEX: live order book, 7 min ago; Variational Omni: RFQ quote, 3 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGQFEX2.9713.8 bp−$14doesn’t fitdoesn’t fitdoesn’t fit
SELL · SHORTVariational Omni4.208.3 bp−$812.3 bp−$123doesn’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 →| 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 ↗ |
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