SOXS

Leg	Exchange	Price	Fund. /8h	Each payment	Next in	OI	Vol 24h	Lev
LONG	Variational OmniSOXS	52.301	+0.0135	pay 0.0135% / 8h	4h 10m	$2.0M	$279K	20x	Long Variational Omni+15% pts
SHORT	BingXNCSKSOXS12USD-USDT	52.160	−0.0050	pay 0.0050% / 8h	4h 10m	$996K	$1.3M	—	Short BingX

Price gap−0.269%

Funding gap−0.0185% /8h

Both sides work against this direction now: funding costs $6 a day on $10k and the gap is 0.371% under its 7d average. Swap the legs.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast

Funding−$46−0.0185% /8h now · paid −0.459% over the last 7D

Price−$37spread −0.269% now, avg +0.101% → −0.371% if it goes back

Costs−$330.327% of $10k · taker + slippage, in and out

Result−$116−1.16%+ Points / potential airdropVariational Omni: points · farm boardWhat the last 7D really paid, hour by hour → backtest

Price and funding

1h · history

Entry / 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−0.269%

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

3 ok · 3 to watch

OK: Fits both order books8.8 / 6.0 bp
Entry at $10k a leg, taker fee + slippage. Closing costs about the same.
Note: Margin at max leverage$500 + —
Variational Omni 20x, BingX —. Keep about 2× this so a sharp move doesn’t liquidate one leg.
OK: Same payment interval8h / 8h
Both legs pay at the same time.
Next 24h at the current rates, on $10k a leg: −$5.56Long Variational Omni: 3 payments, −$4.06; short BingX: 3 payments, −$1.50.
Watch: Gap narrower than usual−0.269% vs +0.101%
Less room for the price leg to pay you. If it goes back to average, the short loses.
Watch: Short leg is thinner$996K vs $2.0M OI
BingX sets your exit cost. Check its book before closing.
OK: Points on a legVariational Omni points
Volume here counts toward the points program.
Watch: KYCVariational Omni No · BingX Yes
Advanced KYC to deposit or trade; unverified accounts can only withdraw, up to 20,000 USDT a day. Rules vary by region.

Profit calculator

both legs, in and out

Position, each leg

Hold for

Orders

Price spread

Funding rate

Funding earned−0.0219%/8h × 21 periods−$45.95

Price spread−0.269% → +0.101% (7d avg)−$37.06

Slippage, 4 orderslive order books−$22.67

Fee Variational Omni bp × 2 orders$0.00

Fee BingX bp × 2 orders−$10.00

Net · 7 days · $10k−$115.68

Costs to cover0.327%Break-evennever at this rate

Slippage: Variational Omni: RFQ quote, 3 min ago; BingX: live order book, 3 min ago

Cost to enter

taker + slippage from mid, one side

BUY · LONGVariational Omni3.348.8 bp−$912.9 bp−$129doesn’t fitdoesn’t fit

SELL · SHORTBingX0.966.0 bp−$68.6 bp−$8632.8 bp−$3,276140.2 bp−$70.1K

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 ↗