MORPHO funding rate on Phoenix
Over the last 30 days, MORPHO funding on Phoenix averaged -10.1% APR and stayed positive 22.8% of the time, ranging from -47.5% to +64.3%. Right now it pays shorts pay longs at -17.8% APR, settled every 1h across 12 venues we track. The most reliable delta-neutral pairing for MORPHO right now is long n1xyz / short Lighter at +153.8% net APR (high risk, ~0.1d to break even).
MORPHO funding history on Phoenixlast 30d
- Backtested (30d)
- +47.0%
- Stability
- 86%
- Risk
- medium
- Breakeven
- ~0.3d
Ranked by 30-day reliability (backtest × stability × risk) — the spread that holds, not just the widest current rate.
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How MORPHO funding compares across venues
Frequently asked
What is the current MORPHO funding rate on Phoenix?
MORPHO on Phoenix is funding at -17.84% APR (-0.0020% every 1h), paid shorts pay longs, as of 2026-09-07 16:31 UTC.
How often does Phoenix pay funding on MORPHO?
Every 1 hour.
How do I earn MORPHO funding without price risk?
Open a delta-neutral position: long n1xyz and short Phoenix, currently 123.2% net APR (medium risk). The two legs cancel price exposure so you keep the funding spread.