Quantority
SOXL SOXL · perps
Price · 1h
SOXL across exchanges
| Exchange | Funding APR | Open interest | OI share |
|---|---|---|---|
B Bitget | +0.00% | $32.55M | 74% |
O OKX | +38.64% | $11.16M | 26% |
Funding annualized per venue interval; open interest is the latest reading per exchange. No fresh per-venue reading from Binance, Bybit right now — the cross-exchange totals above still include every venue's last data.
Interpretation
SOXL's derivatives market shows mixed signals of shifting positioning with contained leverage stress. Funding remains neutral at 0.00%, sitting at the 35 percentile of its 90-day range—suggesting neither crowded longs nor shorts relative to recent trading patterns. Open interest stands at $45.0M, modest in absolute terms, but the market has been volatile: a sharp +25.3% jump in the last 24 hours sits against a -13.5% decline over the full week, indicating rapid repositioning rather than sustained directional conviction.
The liquidation dynamics favor short positions, with an imbalance of -1.00 over 24 hours reflecting more longs flushed out than shorts. Despite this recent short-squeeze signal, the leverage risk score of 18 remains low, suggesting the overall positioning is not fragile or excessively leveraged. The combination of neutral funding, modest absolute open interest, and low leverage risk indicates that while traders are actively adjusting exposure, the market lacks the crowding or structural fragility typical of elevated derivatives risk.