ADA funding rate on Phoenix

Funding APR
-11.98%
-0.0014% / 1h
Interval
1h
next 21:00 UTC
Direction
Shorts pay
shorts pay longs
Venues tracked
15
listing this pair

Over the last 30 days, ADA funding on Phoenix averaged -11.5% APR and stayed positive 11.2% of the time, ranging from -29.2% to +39.3%. Right now it pays shorts pay longs at -12.0% APR, settled every 1h across 15 venues we track. The most reliable delta-neutral pairing for ADA right now is long TxFlow / short Extended at +159.3% net APR (medium risk, ~0.2d to break even).

as of 2026-09-05 20:01 UTC

ADA funding history on Phoenixlast 30d

30d average
-11.49%
Range
-29% / 39%
% positive
11.2%
Volatility
12.3
Best delta-neutral pairing
Long Phoenix / Short Pacifica
+16.7% net APR
Backtested (30d)
+15.2%
Stability
93.9%
Risk
low
Breakeven
~1.9d

Ranked by 30-day reliability (backtest × stability × risk) — the spread that holds, not just the widest current rate.

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How ADA funding compares across venues

ExchangeFunding APR
Extended+11.39%
Hyperliquid+10.95%
Pacifica+10.95%
Polymarket+10.95%
Variational+10.95%
Aster+10.95%
Grvt+10.95%
SoDEX+10.95%
Paradex+9.29%
Lighter+4.38%
dYdX+0.00%
Kraken-1.75%
Decibel-11.39%
Phoenix-11.98%
TxFlow-155.46%

Frequently asked

What is the current ADA funding rate on Phoenix?

ADA on Phoenix is funding at -11.98% APR (-0.0014% every 1h), paid shorts pay longs, as of 2026-09-05 20:01 UTC.

How often does Phoenix pay funding on ADA?

Every 1 hour.

How do I earn ADA funding without price risk?

Open a delta-neutral position: long Phoenix and short Pacifica, currently 16.7% net APR (low risk). The two legs cancel price exposure so you keep the funding spread.

Learn the strategy