BNB funding rate on Phoenix

Funding APR
+38.43%
0.0044% / 1h
Interval
1h
next 20:00 UTC
Direction
Longs pay
longs pay shorts
Venues tracked
19
listing this pair

Over the last 7.2 days, BNB funding on Phoenix averaged +14.6% APR and stayed positive 100% of the time, ranging from +3.9% to +38.4%. Right now it pays longs pay shorts at +38.4% APR, settled every 1h across 19 venues we track. The most reliable delta-neutral pairing for BNB right now is long Lighter / short Paradex at +17.0% net APR (low risk, ~0.2d to break even).

as of 2026-07-24 19:40 UTC

BNB funding history on Phoenixlast 7d

30d average
+14.64%
Range
4% / 38%
% positive
100%
Volatility
7.1
Best delta-neutral pairing
Long Lighter / Short Paradex
+17.0% net APR
Backtested (30d)
+2.8%
Stability
92.7%
Risk
low
Breakeven
~0.2d

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

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How BNB funding compares across venues

ExchangeFunding APR
Phoenix+38.43%
RiseX+21.16%
Decibel+12.26%
HotStuff+12.26%
Grvt+11.28%
EdgeX+10.95%
SoDEX+10.95%
Hyena+8.33%
Paradex+2.49%
Hibachi+2.41%
Aster+1.04%
Extended+0.88%
dYdX+0.00%
Nado-0.66%
Pacifica-6.15%
Variational-6.61%
Hyperliquid-14.77%
Lighter-15.77%
Kraken-18.04%

Frequently asked

What is the current BNB funding rate on Phoenix?

BNB on Phoenix is funding at 38.43% APR (0.0044% every 1h), paid longs pay shorts, as of 2026-07-24 19:40 UTC.

How often does Phoenix pay funding on BNB?

Every 1 hour.

How do I earn BNB funding without price risk?

Open a delta-neutral position: long Lighter and short Paradex, currently 17.0% net APR (low risk). The two legs cancel price exposure so you keep the funding spread.

Learn the strategy