DELL funding rate on Phoenix

Funding APR
+4.99%
0.0006% / 1h
Interval
1h
next 19:00 UTC
Direction
Longs pay
longs pay shorts
Venues tracked
10
listing this pair

Over the last 3.1 days, DELL funding on Phoenix averaged +39.0% APR and stayed positive 96.1% of the time, ranging from -7.6% to +109.2%. Right now it pays longs pay shorts at +5.0% APR, settled every 1h across 10 venues we track. The most reliable delta-neutral pairing for DELL right now is long Decibel / short Phoenix at +69.3% net APR (low risk, ~0.9d to break even).

as of 2026-09-04 18:18 UTC

DELL funding history on Phoenixlast 3d

30d average
+38.96%
Range
-8% / 109%
% positive
96.1%
Volatility
29.0
Best delta-neutral pairing
Long Decibel / Short Phoenix
+69.3% net APR
Backtested (30d)
+25.6%
Stability
94.4%
Risk
low
Breakeven
~0.9d

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

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How DELL funding compares across venues

ExchangeFunding APR
Nado+20.07%
Polymarket+5.47%
Phoenix+4.99%
Lighter+3.50%
Variational+0.00%
Aster+0.00%
Extended+0.00%
Grvt-27.16%
TradeXYZ-29.69%
Decibel-70.96%

Frequently asked

What is the current DELL funding rate on Phoenix?

DELL on Phoenix is funding at 4.99% APR (0.0006% every 1h), paid longs pay shorts, as of 2026-09-04 18:18 UTC.

How often does Phoenix pay funding on DELL?

Every 1 hour.

How do I earn DELL funding without price risk?

Open a delta-neutral position: long Decibel and short Phoenix, currently 69.3% net APR (low risk). The two legs cancel price exposure so you keep the funding spread.

Learn the strategy