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Direxion Daily Semiconductor ETF (SOXL) Funding Rate

SOXLSOXL$77.40-5.87%LongShort
SOXLSOXL$77.40-5.87%
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Derivatives (24h)

BuySell
Open Interest+14.16%$692.74M
Futures Volume-32.13%$4.51B
Liquidation+4.80%$12.06M
Long Liquidation+5.36%$11.08M
Short Liquidation-1.37%$976.08K

Long/Short (24h)

LongShort
SOXL Long/Short All0.973
Binance Long/Short1.001
OKX Long/Short0.875
Bybit Long/Short0.948
MEXC Long/Short0.957

Funding Rate

SOXL OI-Weighted (8h)+0.0002%
Binance SOXL/USDT (8h)0.0000%
OKX SOXL/USDT (8h)0.0000%
Bybit SOXL/USDT (8h)0.0000%
Kraken SOXL/USDT (1h)+0.0068%
Current FundingOpen-interest-weighted average of the current funding rate across all exchanges (each exchange weighted by its open interest, shown per the coin's common settlement interval). Positive = longs pay shorts. Learn more →+0.0002%/8h
Annualized · APR+0.25%
Next Funding—
Funding Accum · 1D—
NEUTRAL FUNDINGFunding near baseline — balanced positioningAutomated rule-based market summary, for informational purposes only. Not financial advice.

SOXL Funding Rate Chart · Perpetual · Aggregated

Funding Rate · per 8hpositive · longs pay shortsnegative · shorts pay longsSOXL price
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View SOXL liquidation heatmap →Where leveraged longs and shorts get liquidated · Binance, Bybit, OKX, Hyperliquid and more

Exchanges SOXL Funding Rates

ExchangesFunding RateAPR1D AccumulatedNext FundingInterval
ΣOI-Weighted+0.0002%+0.25%+0.0205%03:35:18 (8h)8h
GGate0.0000%0.00%-0.0053%03:35:18 (8h)8hTrade
BBinance0.0000%0.00%+0.0047%03:35:18 (8h)8hTrade
BBitget0.0000%0.00%+0.0839%03:35:18 (8h)8hTrade
BBybit0.0000%0.00%+0.0287%03:35:18 (8h)8hTrade
OOKX0.0000%0.00%+0.0068%03:35:18 (8h)8hTrade
MMEXC0.0000%0.00%+0.0043%03:35:18 (8h)8hTrade
TtradeXYZ+0.0006%+5.47%+0.0188%00:35:18 (1h)1h
AAster0.0000%0.00%0.0000%03:35:18 (8h)8h
KKuCoin0.0000%0.00%+0.0120%03:35:18 (8h)8hTrade
LLighter+0.0004%+3.50%+0.0663%00:35:18 (1h)1h
HHTX0.0000%0.00%0.0000%——Trade
KKraken+0.0068%+59.19%+0.1286%00:35:18 (1h)1h
CCrypto.com+0.0006%+5.00%+0.1565%00:35:18 (1h)1h

Rates are per settlement interval (1h/4h/8h depending on exchange) and APR annualizes the current rate at that interval. The Accumulated column sums the rate at each settlement over the selected window (1Y uses exchange-reported yearly accumulation). Live rates update about every 10 seconds.

How to read the colors: funding reflects positioning and the cost of leverage, not price direction. Funding is the fee longs pay shorts (negative means shorts pay longs). Green = funding below the neutral baseline (~0.01% per 8h): holding longs is cheap and the market is not crowded long. Gray = the neutral zone around baseline. Red = elevated funding: longs are crowded and paying up, with deeper red meaning a more extreme premium. The Accumulated column is colored by its per-settlement average, so it reads on the same scale as the live rate. Green funding while price falls = no euphoria and longs are cheap to hold — often a constructive contrarian signal. Red funding while price rises = crowded leveraged longs paying high fees — a setup vulnerable to long squeezes.

The current SOXL USDT perpetual funding rate (8h, OI-weighted) is +0.0002%, meaning longs are paying shorts right now. Across the 13 exchanges reporting a rate, it ranges from 0.0000% on OKX to +0.0068% on Kraken — a spread that shows how positioning differs venue by venue. A positive rate is typical when perpetual contracts trade at or above the spot price and long positioning dominates. Learn more about how funding rates work →

See the live funding rate matrix for every exchange →

About SOXL funding rates

The Direxion Daily Semiconductor ETF funding rate (SOXL funding rate) is the periodic payment exchanged between longs and shorts on SOXL perpetual futures. This page charts the OI-weighted Direxion Daily Semiconductor ETF perpetual funding rate (SOXL perpetual funding rate) against price, plus each exchange's current rate, accumulated funding from one day out to one year, and the countdown to its next settlement.

The headline rate weights every venue by its share of SOXL open interest, so large markets move the aggregate more than small ones. Venues reporting no data are excluded and figures refresh continuously.

Frequently asked questions

What is the SOXL funding rate right now?

On an OI-weighted basis, SOXL funding currently sits at +0.0002% — traders holding longs pay shorts until the next settlement (settled every 8 hours on most venues).

Which exchange has the highest SOXL funding rate?

Kraken currently prints the highest SOXL rate at +0.0068%; OKX sits lowest at 0.0000%. Every venue's current and accumulated rate is listed in the table below.

How often is SOXL funding settled?

Settlement schedules differ by venue — from every hour to every 8 hours. The countdown to each exchange's next settlement runs in the table below.

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