CRCL funding rate on Phoenix

Funding APR
+19.80%
0.0023% / 1h
Interval
1h
next 22:00 UTC
Direction
Longs pay
longs pay shorts
Venues tracked
15
listing this pair

Over the last 5.3 days, CRCL funding on Phoenix averaged +12.8% APR and stayed positive 80.2% of the time, ranging from -37.5% to +84.3%. Right now it pays longs pay shorts at +19.8% APR, settled every 1h across 15 venues we track. The most reliable delta-neutral pairing for CRCL right now is long SoDEX / short Grvt at +60.8% net APR (medium risk, ~0.8d to break even).

as of 2026-07-22 21:56 UTC

CRCL funding history on Phoenixlast 5d

30d average
+12.82%
Range
-37% / 84%
% positive
80.2%
Volatility
18.5
Best delta-neutral pairing
Long SoDEX / Short Grvt
+60.8% net APR
Backtested (30d)
+26.2%
Stability
72.1%
Risk
medium
Breakeven
~0.8d

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

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Watch CRCL on Telegram

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How CRCL funding compares across venues

ExchangeFunding APR
Decibel+88.48%
Grvt+72.60%
Phoenix+19.80%
Aster+16.41%
TradeXYZ+15.09%
Pacifica+10.95%
Paradex+10.13%
Ondo+5.52%
SoDEX+5.47%
Arcus+4.17%
Lighter+3.50%
Extended+3.50%
Variational+1.63%
QFEX+0.00%
EdgeX+0.00%

Frequently asked

What is the current CRCL funding rate on Phoenix?

CRCL on Phoenix is funding at 19.80% APR (0.0023% every 1h), paid longs pay shorts, as of 2026-07-22 21:56 UTC.

How often does Phoenix pay funding on CRCL?

Every 1 hour.

How do I earn CRCL funding without price risk?

Open a delta-neutral position: long SoDEX and short Grvt, currently 60.8% net APR (medium risk). The two legs cancel price exposure so you keep the funding spread.

Learn the strategy