Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 33.791 | 0 | 0.0000% / 8h | 4h 51m | $776K | $935K | 20x | Long Variational Omni+15% pts | |
| SHORT | 33.870 | +0.0014 | get 0.0002% / 1h | 51m 30s | $1.1M | $2.9M | 30x | Short QFEX |
Price gap+0.235%
Funding gap+0.0014% /8h
Both sides work: funding pays $0 a day on $10k, and the gap is 0.284% above its 7d average: +$28 more if it goes back.
Funding on this pair cost 0.187% over the last 7 days: the rate has only just turned.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$19+0.0014% /8h now · paid −0.187% over the last 5 days (all we have)
Price+$28spread +0.235% now, avg −0.049% → +0.284% if it goes back
Costs−$370.374% of $10k · taker + slippage, in and out
Result−$28−0.28%+ Points / potential airdropVariational Omni: points · farm boardWhat the last 7D really paid, hour by hour → backtest
Price and funding
1h · loading 5m…Price spread
Prices
Fundingper 8h
P&L
PRICE SPREAD · 7D
Now+0.235%
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
4 ok · 2 to watch- OK: Fits both order books10.3 / 11.1 bpEntry at $10k a leg, taker fee + slippage. Closing costs about the same.
- Note: Margin at max leverage$500 + $333Variational Omni 20x, QFEX 30x. 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: +$0.43Long Variational Omni: 3 payments, $0.00; short QFEX: 24 payments, +$0.43.
- OK: Entry gap works for you+0.235% vs −0.049%You short the dearer leg. If the gap goes back to average, the short gains.
- Watch: Long leg is thinner$776K 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 legVariational Omni No · QFEX NoBoth exchanges let you trade without ID.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0131%/8h × 21 periods−$27.45
Price spread+0.235% → −0.049% (7d avg)+$28.39
Slippage, 4 orderslive order books−$27.41
Fee Variational Omni bp × 2 orders$0.00
Fee QFEX bp × 2 orders−$10.00
Net · 7 days · $10k−$36.48
Costs to cover0.374%Break-evennever at this rate
Slippage: Variational Omni: RFQ quote, 26 min ago; QFEX: live order book, 5 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGVariational Omni4.2010.3 bp−$1013.7 bp−$137doesn’t fitdoesn’t fit
SELL · SHORTQFEX1.4811.1 bp−$11doesn’t fitdoesn’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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