LIT funding rate on Phoenix

Funding APR
-15.02%
-0.0017% / 1h
Interval
1h
next 21:00 UTC
Direction
Shorts pay
shorts pay longs
Venues tracked
16
listing this pair

Over the last 4.9 days, LIT funding on Phoenix averaged -12.7% APR and stayed positive 5.5% of the time, ranging from -30.4% to +32.0%. Right now it pays shorts pay longs at -15.0% APR, settled every 1h across 16 venues we track. The most reliable delta-neutral pairing for LIT right now is long Decibel / short Hyperliquid at +7.1% net APR (low risk, ~3.4d to break even).

as of 2026-07-21 20:27 UTC

LIT funding history on Phoenixlast 5d

30d average
-12.70%
Range
-30% / 32%
% positive
5.5%
Volatility
11.0
Best delta-neutral pairing
Long Decibel / Short Hyperliquid
+7.1% net APR
Backtested (30d)
+36.8%
Stability
97.7%
Risk
low
Breakeven
~3.4d

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

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How LIT funding compares across venues

ExchangeFunding APR
Ethereal+78.71%
RiseX+11.48%
Extended+11.39%
Hyperliquid+10.95%
Pacifica+10.95%
Arcus+10.95%
Grvt+10.95%
SoDEX+10.95%
Aster+10.95%
Paradex+10.95%
Nado+10.95%
Lighter+10.51%
dYdX+0.00%
EdgeX+0.00%
Decibel-6.13%
Phoenix-15.02%

Frequently asked

What is the current LIT funding rate on Phoenix?

LIT on Phoenix is funding at -15.02% APR (-0.0017% every 1h), paid shorts pay longs, as of 2026-07-21 20:27 UTC.

How often does Phoenix pay funding on LIT?

Every 1 hour.

How do I earn LIT funding without price risk?

Open a delta-neutral position: long Decibel and short Hyperliquid, currently 7.1% net APR (low risk). The two legs cancel price exposure so you keep the funding spread.

Learn the strategy