BABA funding rate on Phoenix

Funding APR
+23.25%
0.0027% / 1h
Interval
1h
next 20:00 UTC
Direction
Longs pay
longs pay shorts
Venues tracked
13
listing this pair

Over the last 17.2 days, BABA funding on Phoenix averaged +18.0% APR and stayed positive 81.8% of the time, ranging from -173.0% to +58.6%. Right now it pays longs pay shorts at +23.3% APR, settled every 1h across 13 venues we track. The most reliable delta-neutral pairing for BABA right now is long Aster / short Arcus at +145.6% net APR (low risk, ~0.3d to break even).

as of 2026-09-04 19:41 UTC

BABA funding history on Phoenixlast 17d

30d average
+18.04%
Range
-173% / 59%
% positive
81.8%
Volatility
22.3
Best delta-neutral pairing
Long Aster / Short Arcus
+145.6% net APR
Backtested (30d)
+13.3%
Stability
98.9%
Risk
low
Breakeven
~0.3d

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

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How BABA funding compares across venues

ExchangeFunding APR
Arcus+152.17%
Phoenix+23.25%
Decibel+6.13%
Ondo+5.52%
TradeXYZ+5.48%
Polymarket+5.47%
Lighter+3.50%
Lighter RH+3.50%
QFEX+0.00%
Variational+0.00%
Aster+0.00%
Grvt+0.00%
Extended+0.00%

Frequently asked

What is the current BABA funding rate on Phoenix?

BABA on Phoenix is funding at 23.25% APR (0.0027% every 1h), paid longs pay shorts, as of 2026-09-04 19:41 UTC.

How often does Phoenix pay funding on BABA?

Every 1 hour.

How do I earn BABA funding without price risk?

Open a delta-neutral position: long Aster and short Arcus, currently 145.6% net APR (low risk). The two legs cancel price exposure so you keep the funding spread.

Learn the strategy