Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 41.920 | +0.0100 | pay 0.0013% / 1h | 39m 31s | $8K | $206K | 20x | Long TxFlow5% off | |
| SHORT | 41.980 | 0 | 0.0000% / 8h | 1h 39m | $4.7M | $45.1M | 50x | Short Bybit |
Price gap+0.143%
Funding gap−0.0100% /8h
The gap pays +$2 on $10k if it goes back to its 7d average, but funding costs $3 a day and eats that in about 19 hours. At the last 7 days' pace that is about 39 hours.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$10−0.0100% /8h now · paid −0.104% over the last 7D
Price+$2spread +0.143% now, avg +0.119% → +0.024% if it goes back
Costs−$410.406% of $10k · taker + slippage, in and out
Result−$49−0.49%+ Points / potential airdropTxFlow: points · farm boardWhat 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+0.143%
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
2 ok · 4 to watch- Watch: Large against open interest7.8 / 13.4 bp$10k is over 10% of TxFlow’s open interest.
- Note: Margin at max leverage$500 + $200TxFlow 20x, Bybit 50x. 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: −$3.00Long TxFlow: 24 payments, −$3.00; short Bybit: 3 payments, $0.00.
- OK: Entry gap works for you+0.143% vs +0.119%You short the dearer leg. If the gap goes back to average, the short gains.
- Watch: Long leg is thinner$8K vs $4.7M OITxFlow sets your exit cost. Check its book before closing.
- OK: Points on a legTxFlow pointsVolume here counts toward the points program.
- Watch: KYCTxFlow No · Bybit YesStandard verification is mandatory for every product.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0050%/8h × 21 periods−$10.43
Price spread+0.143% → +0.119% (7d avg)+$2.42
Slippage, 4 orderslive order books−$20.58
Fee TxFlow bp × 2 orders−$9.00
Fee Bybit bp × 2 orders−$11.00
Net · 7 days · $10k−$48.59
Costs to cover0.406%Break-evennever at this rate
Slippage: TxFlow: live order book, 50 min ago; Bybit: live order book, 3 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGTxFlow2.367.8 bp−$816.0 bp−$160101.2 bp−$10.1Kdoesn’t fit
SELL · SHORTBybit1.1913.4 bp−$1316.6 bp−$16649.5 bp−$4,952doesn’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 ↗ |
| 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 ↗ |
| 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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