MEGA funding rate on Phoenix
Over the last 30 days, MEGA funding on Phoenix averaged -5.7% APR and stayed positive 6.4% of the time, ranging from -66.1% to +37.9%. Right now it pays shorts pay longs at -20.4% APR, settled every 1h across 11 venues we track. The most reliable delta-neutral pairing for MEGA right now is long Nado / short Pacifica at +11.5% net APR (medium risk, ~2.9d to break even).
MEGA funding history on Phoenixlast 30d
- Backtested (30d)
- +11.3%
- Stability
- 100%
- Risk
- medium
- Breakeven
- ~2.9d
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 -20.42% APR (-0.0023% every 1h), paid shorts pay longs, as of 2026-10-22 23:39 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 Nado and short Pacifica, currently 11.5% net APR (medium risk). The two legs cancel price exposure so you keep the funding spread.