Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 52.880 | 0 | 0.0000% / 8h | 3h 55m | $890 | $123K | 10x | Long SunX≤10% back | |
| SHORT | 52.897 | 0 | 0.0000% / 1h | 55m 30s | $107K | $196K | 10x | Short Deribit |
Price gap+0.032%
Funding gap0.0000% /8h
Funding is ≈ 0, so this is a price-spread trade: +$18 on $10k if the gap goes back to its 7d average.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$30.0000% /8h now · paid +0.031% over the last 7D
Price+$18spread +0.032% now, avg −0.150% → +0.182% if it goes back
Costsdoesn’t fit$10k a leg is deeper than the books hold
Result, before costs+$21+0.21%no pointscosts unknown: book too thin at $10k · What the last 7D really paid, hour by hour → backtest
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+0.032%
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 · 4 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$1,000 + $1,000SunX 10x, Deribit 10x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- Watch: Payment intervals differ8h / 1hPayments land at different times. Close right after the slower leg pays.Next 24h at the current rates, on $10k a leg: $0.00Long SunX: 3 payments, $0.00; short Deribit: 24 payments, $0.00.
- OK: Entry gap works for you+0.032% vs −0.150%You short the dearer leg. If the gap goes back to average, the short gains.
- Watch: Long leg is thinner$890 vs $107K OISunX sets your exit cost. Check its book before closing.
- Note: No points program—Neither exchange runs points right now.
- Watch: KYCSunX No · Deribit YesID, proof of address and a financial profile before any deposit; not for the US, Canada, Japan or retail UK clients.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned+0.0015%/8h × 21 periods+$3.11
Price spread+0.032% → −0.150% (7d avg)+$18.21
Slippage, 4 ordersdoesn’t fit the book at $10k—
Fee SunX bp × 2 orders−$8.00
Fee Deribit bp × 2 orders−$7.00
Net · 7 days · $10k—
doesn’t fit the books at $10kCosts to cover—Break-even—
Slippage: SunX: live order book, 44 min ago; Deribit: live order book, 12 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGSunX900.92doesn’t fitdoesn’t fitdoesn’t fitdoesn’t fit
SELL · SHORTDeribit3.7615.9 bp−$1618.5 bp−$185doesn’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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