HOOD funding rate on Phoenix

Funding APR
+24.68%
0.0028% / 1h
Interval
1h
next 21:00 UTC
Direction
Longs pay
longs pay shorts
Venues tracked
14
listing this pair

Over the last 4.2 days, HOOD funding on Phoenix averaged +8.7% APR and stayed positive 58.1% of the time, ranging from -17.6% to +87.3%. Right now it pays longs pay shorts at +24.7% APR, settled every 1h across 14 venues we track. The most reliable delta-neutral pairing for HOOD right now is long Decibel / short Grvt at +25.6% net APR (high risk, ~0.8d to break even).

as of 2026-07-21 20:20 UTC

HOOD funding history on Phoenixlast 4d

30d average
+8.69%
Range
-18% / 87%
% positive
58.1%
Volatility
14.7
Best delta-neutral pairing
Long Decibel / Short Phoenix
+43.2% net APR
Backtested (30d)
Stability
Risk
unknown
Breakeven

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

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How HOOD funding compares across venues

ExchangeFunding APR
Phoenix+24.68%
Pacifica+10.95%
TradeXYZ+6.58%
Ondo+5.52%
SoDEX+5.47%
Arcus+4.13%
Lighter+3.50%
Extended+3.50%
Variational+0.00%
Grvt+0.00%
Aster+0.00%
QFEX+0.00%
EdgeX+0.00%
Decibel-30.66%

Frequently asked

What is the current HOOD funding rate on Phoenix?

HOOD on Phoenix is funding at 24.68% APR (0.0028% every 1h), paid longs pay shorts, as of 2026-07-21 20:20 UTC.

How often does Phoenix pay funding on HOOD?

Every 1 hour.

How do I earn HOOD funding without price risk?

Open a delta-neutral position: long Decibel and short Phoenix, currently 43.2% net APR (unknown risk). The two legs cancel price exposure so you keep the funding spread.

Learn the strategy