CRV funding rate on Phoenix

Funding APR
-22.37%
-0.0026% / 1h
Interval
1h
next 20:00 UTC
Direction
Shorts pay
shorts pay longs
Venues tracked
11
listing this pair

Over the last 17 days, CRV funding on Phoenix averaged -18.7% APR and stayed positive 6.4% of the time, ranging from -48.8% to +16.2%. Right now it pays shorts pay longs at -22.4% APR, settled every 1h across 11 venues we track. The most reliable delta-neutral pairing for CRV right now is long Phoenix / short Hyperliquid at +25.1% net APR (medium risk, ~1.7d to break even).

as of 2026-09-04 19:35 UTC

CRV funding history on Phoenixlast 17d

30d average
-18.68%
Range
-49% / 16%
% positive
6.4%
Volatility
11.0
Best delta-neutral pairing
Long Phoenix / Short Hyperliquid
+25.1% net APR
Backtested (30d)
+29.6%
Stability
100%
Risk
medium
Breakeven
~1.7d

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

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How CRV funding compares across venues

ExchangeFunding APR
Kraken+76.90%
Hyperliquid+10.95%
Pacifica+10.95%
Aster+10.95%
Grvt+10.95%
Lighter+10.51%
dYdX+0.00%
Extended-7.01%
Variational-13.55%
Phoenix-22.37%
TxFlow-42.45%

Frequently asked

What is the current CRV funding rate on Phoenix?

CRV on Phoenix is funding at -22.37% APR (-0.0026% every 1h), paid shorts pay longs, as of 2026-09-04 19:35 UTC.

How often does Phoenix pay funding on CRV?

Every 1 hour.

How do I earn CRV funding without price risk?

Open a delta-neutral position: long Phoenix and short Hyperliquid, currently 25.1% net APR (medium risk). The two legs cancel price exposure so you keep the funding spread.

Learn the strategy