SOXS

Leg	Exchange	Price	Fund. /8h	Each payment	Next in	OI	Vol 24h	Lev
LONG	Variational OmniSOXS	52.581	0	0.0000% / 8h	3h 10m	$2.1M	$308K	20x	Long Variational Omni+15% pts
SHORT	TxFlowSOXS-USDC	52.640	+0.0100	get 0.0013% / 1h	10m 49s	$9K	$225K	20x	Short TxFlow5% off

Price gap+0.113%

Funding gap+0.0100% /8h

Both sides work: funding pays +$3 a day on $10k, and the gap is 0.129% above its 7d average: +$13 more if it goes back.

If you open now and hold

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

Funding−$3+0.0100% /8h now · paid −0.031% over the last 7D

Price+$13spread +0.113% now, avg −0.016% → +0.129% if it goes back

Costs−$280.281% of $10k · taker + slippage, in and out

Result−$18−0.18%+ Points / potential airdropVariational Omni: points · TxFlow: 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+0.113%

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

Watch: Large against open interest7.1 / 7.3 bp
$10k is over 10% of TxFlow’s open interest.
Note: Margin at max leverage$500 + $500
Variational Omni 20x, TxFlow 20x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
Watch: Payment intervals differ8h / 1h
Payments land at different times. Close right after the slower leg pays.
Next 24h at the current rates, on $10k a leg: +$3.00Long Variational Omni: 3 payments, $0.00; short TxFlow: 24 payments, +$3.00.
OK: Entry gap works for you+0.113% vs −0.016%
You short the dearer leg. If the gap goes back to average, the short gains.
Watch: Short leg is thinner$9K vs $2.1M OI
TxFlow sets your exit cost. Check its book before closing.
OK: Points on a legVariational Omni points · TxFlow points
Volume here counts toward the points program.
OK: No KYC on either legVariational Omni No · TxFlow No
Both exchanges let you trade without ID.

Profit calculator

both legs, in and out

Position, each leg

Hold for

Orders

Price spread

Funding rate

Funding earned−0.0015%/8h × 21 periods−$3.14

Price spread+0.113% → −0.016% (7d avg)+$12.88

Slippage, 4 orderslive order books−$19.11

Fee Variational Omni bp × 2 orders$0.00

Fee TxFlow bp × 2 orders−$9.00

Net · 7 days · $10k−$18.37

Costs to cover0.281%Break-evennever at this rate

Slippage: Variational Omni: RFQ quote, 3 min ago; TxFlow: live order book, 55 min ago

Cost to enter

taker + slippage from mid, one side

BUY · LONGVariational Omni3.337.1 bp−$710.8 bp−$108doesn’t fitdoesn’t fit

SELL · SHORTTxFlow2.827.3 bp−$719.4 bp−$19475.2 bp−$7,522doesn’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 ↗