MSFT funding rate on Phoenix

Funding APR
+19.20%
0.0022% / 1h
Interval
1h
next 00:00 UTC
Direction
Longs pay
longs pay shorts
Venues tracked
18
listing this pair

Over the last 30 days, MSFT funding on Phoenix averaged +5.6% APR and stayed positive 73.5% of the time, ranging from -47.3% to +59.7%. Right now it pays longs pay shorts at +19.2% APR, settled every 1h across 18 venues we track. The most reliable delta-neutral pairing for MSFT right now is long Lighter RH / short Decibel at +61.1% net APR (low risk, ~0.2d to break even).

as of 2026-09-05 23:18 UTC

MSFT funding history on Phoenixlast 30d

30d average
+5.56%
Range
-47% / 60%
% positive
73.5%
Volatility
9.1
Best delta-neutral pairing
Long Lighter RH / Short Decibel
+61.1% net APR
Backtested (30d)
+7.7%
Stability
93.3%
Risk
low
Breakeven
~0.2d

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

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How MSFT funding compares across venues

ExchangeFunding APR
Decibel+66.58%
Nado+36.20%
HotStuff+35.04%
TradeXYZ+30.01%
Phoenix+19.20%
Paradex+18.36%
TxFlow+17.72%
Ondo+16.29%
Polymarket+6.64%
SoDEX+5.47%
Arcus+4.22%
Lighter+3.50%
Lighter RH+3.50%
QFEX+0.00%
Variational+0.00%
Aster+0.00%
Grvt+0.00%
Extended+0.00%

Frequently asked

What is the current MSFT funding rate on Phoenix?

MSFT on Phoenix is funding at 19.20% APR (0.0022% every 1h), paid longs pay shorts, as of 2026-09-05 23:18 UTC.

How often does Phoenix pay funding on MSFT?

Every 1 hour.

How do I earn MSFT funding without price risk?

Open a delta-neutral position: long Lighter RH and short Decibel, currently 61.1% net APR (low risk). The two legs cancel price exposure so you keep the funding spread.

Learn the strategy