LINK funding rate on Phoenix

Funding APR
-2.93%
-0.0003% / 1h
Interval
1h
next 18:00 UTC
Direction
Shorts pay
shorts pay longs
Venues tracked
18
listing this pair

Over the last 30 days, LINK funding on Phoenix averaged -4.3% APR and stayed positive 13.6% of the time, ranging from -49.1% to +14.8%. Right now it pays shorts pay longs at -2.9% APR, settled every 1h across 18 venues we track. The most reliable delta-neutral pairing for LINK right now is long Polymarket / short Arcus at +19.7% net APR (low risk, ~1.4d to break even).

as of 2026-10-19 17:29 UTC

LINK funding history on Phoenixlast 30d

30d average
-4.26%
Range
-49% / 15%
% positive
13.6%
Volatility
6.0
Best delta-neutral pairing
Long Polymarket / Short Arcus
+19.7% net APR
Backtested (30d)
+19.6%
Stability
88.2%
Risk
low
Breakeven
~1.4d

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

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How LINK funding compares across venues

ExchangeFunding APR
Extended+11.39%
Hyperliquid+10.95%
Pacifica+10.95%
Arcus+10.95%
PopDEX+10.95%
Aster+10.95%
TxFlow+10.95%
SoDEX+10.95%
Kraken+10.69%
Decibel+10.51%
Lighter+10.51%
Grvt+9.96%
Paradex+8.35%
Variational+4.95%
dYdX+4.63%
Phoenix-2.93%
Nado-4.50%
Polymarket-14.41%

Frequently asked

What is the current LINK funding rate on Phoenix?

LINK on Phoenix is funding at -2.93% APR (-0.0003% every 1h), paid shorts pay longs, as of 2026-10-19 17:29 UTC.

How often does Phoenix pay funding on LINK?

Every 1 hour.

How do I earn LINK funding without price risk?

Open a delta-neutral position: long Polymarket and short Arcus, currently 19.7% net APR (low risk). The two legs cancel price exposure so you keep the funding spread.

Learn the strategy