MSTR funding rate on Phoenix

Funding APR
+9.83%
0.0011% / 1h
Interval
1h
next 01:00 UTC
Direction
Longs pay
longs pay shorts
Venues tracked
18
listing this pair

Over the last 29.9 days, MSTR funding on Phoenix averaged +17.6% APR and stayed positive 87.1% of the time, ranging from -240.4% to +163.4%. Right now it pays longs pay shorts at +9.8% APR, settled every 1h across 18 venues we track. The most reliable delta-neutral pairing for MSTR right now is long TxFlow / short Phoenix at +98.9% net APR (low risk, ~0.5d to break even).

as of 2026-09-05 00:59 UTC

MSTR funding history on Phoenixlast 30d

30d average
+17.65%
Range
-240% / 163%
% positive
87.1%
Volatility
29.1
Best delta-neutral pairing
Long TxFlow / Short Phoenix
+98.9% net APR
Backtested (30d)
+0.8%
Stability
69%
Risk
low
Breakeven
~0.5d

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

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How MSTR funding compares across venues

ExchangeFunding APR
Pacifica+10.95%
Phoenix+9.83%
Ondo+5.52%
Polymarket+5.47%
SoDEX+5.47%
Arcus+4.22%
QFEX+0.00%
Lighter-5.26%
Paradex-16.46%
Variational-31.13%
Extended-33.29%
RiseX-33.63%
Aster-49.36%
TradeXYZ-49.76%
Decibel-56.06%
Nado-64.88%
Grvt-78.18%
TxFlow-96.09%

Frequently asked

What is the current MSTR funding rate on Phoenix?

MSTR on Phoenix is funding at 9.83% APR (0.0011% every 1h), paid longs pay shorts, as of 2026-09-05 00:59 UTC.

How often does Phoenix pay funding on MSTR?

Every 1 hour.

How do I earn MSTR funding without price risk?

Open a delta-neutral position: long TxFlow and short Phoenix, currently 98.9% net APR (low risk). The two legs cancel price exposure so you keep the funding spread.

Learn the strategy