MEGA funding rate on Phoenix
Over the last 7.2 days, MEGA funding on Phoenix averaged -19.8% APR and stayed positive 0% of the time, ranging from -40.8% to +0.0%. Right now it pays shorts pay longs at -19.9% APR, settled every 1h across 11 venues we track. The most reliable delta-neutral pairing for MEGA right now is long Nado / short Grvt at +19.9% net APR (low risk, ~2d to break even).
MEGA funding history on Phoenixlast 7d
- Backtested (30d)
- +16.4%
- Stability
- 100%
- Risk
- low
- Breakeven
- ~3.2d
Ranked by 30-day reliability (backtest × stability × risk) — the spread that holds, not just the widest current rate.
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How MEGA funding compares across venues
Frequently asked
What is the current MEGA funding rate on Phoenix?
MEGA on Phoenix is funding at -19.90% APR (-0.0023% every 1h), paid shorts pay longs, as of 2026-07-24 19:45 UTC.
How often does Phoenix pay funding on MEGA?
Every 1 hour.
How do I earn MEGA funding without price risk?
Open a delta-neutral position: long Phoenix and short Grvt, currently 16.6% net APR (low risk). The two legs cancel price exposure so you keep the funding spread.