CHIP funding rate on Phoenix

Funding APR
-15.62%
-0.0018% / 1h
Interval
1h
next 13:00 UTC
Direction
Shorts pay
shorts pay longs
Venues tracked
9
listing this pair

Over the last 29.9 days, CHIP funding on Phoenix averaged -18.8% APR and stayed positive 0.1% of the time, ranging from -88.9% to +116.9%. Right now it pays shorts pay longs at -15.6% APR, settled every 1h across 9 venues we track. The most reliable delta-neutral pairing for CHIP right now is long Decibel / short Hyperliquid at +46.0% net APR (medium risk, ~1d to break even).

as of 2026-09-05 12:02 UTC

CHIP funding history on Phoenixlast 30d

30d average
-18.84%
Range
-89% / 117%
% positive
0.1%
Volatility
17.5
Best delta-neutral pairing
Long Phoenix / Short Hyperliquid
+47.1% net APR
Backtested (30d)
+28.4%
Stability
99.4%
Risk
high
Breakeven
~1.2d

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

Open this trade
Watch CHIP on Telegram

Not ready to trade? Get a Telegram ping when CHIP's delta-neutral funding APR spikes — no sign-up, no wallet needed. The bot confirms your exact watch level.

How CHIP funding compares across venues

ExchangeFunding APR
Nado+47.92%
Hyperliquid+43.11%
Extended+11.39%
Pacifica+10.95%
Variational+10.95%
Aster+10.95%
Lighter+10.51%
Decibel-14.02%
Phoenix-15.62%

Frequently asked

What is the current CHIP funding rate on Phoenix?

CHIP on Phoenix is funding at -15.62% APR (-0.0018% every 1h), paid shorts pay longs, as of 2026-09-05 12:02 UTC.

How often does Phoenix pay funding on CHIP?

Every 1 hour.

How do I earn CHIP funding without price risk?

Open a delta-neutral position: long Phoenix and short Hyperliquid, currently 47.1% net APR (high risk). The two legs cancel price exposure so you keep the funding spread.

Learn the strategy