PUMP funding rate on Phoenix

Funding APR
-4.36%
-0.0005% / 1h
Interval
1h
next 21:00 UTC
Direction
Shorts pay
shorts pay longs
Venues tracked
16
listing this pair

Over the last 4.2 days, PUMP funding on Phoenix averaged -12.0% APR and stayed positive 0% of the time, ranging from -31.1% to +0.0%. Right now it pays shorts pay longs at -4.4% APR, settled every 1h across 16 venues we track. The most reliable delta-neutral pairing for PUMP right now is long Phoenix / short Nado at +2.3% net APR (high risk, ~4.7d to break even).

as of 2026-07-21 20:28 UTC

PUMP funding history on Phoenixlast 4d

30d average
-12.00%
Range
-31% / 0%
% positive
0%
Volatility
6.6
Best delta-neutral pairing
Long Phoenix / Short Nado
+2.3% net APR
Backtested (30d)
+10.0%
Stability
100%
Risk
high
Breakeven
~4.7d

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

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How PUMP funding compares across venues

ExchangeFunding APR
Lighter+54.31%
Hyperliquid+15.30%
Extended+11.39%
Hyena+10.95%
Pacifica+10.95%
Grvt+10.95%
SoDEX+10.95%
Aster+10.95%
EdgeX+10.95%
Nado+10.95%
Ethereal+10.00%
01xyz+5.26%
dYdX+1.37%
Paradex+0.00%
Phoenix-4.36%
Kraken-49.18%

Frequently asked

What is the current PUMP funding rate on Phoenix?

PUMP on Phoenix is funding at -4.36% APR (-0.0005% every 1h), paid shorts pay longs, as of 2026-07-21 20:28 UTC.

How often does Phoenix pay funding on PUMP?

Every 1 hour.

How do I earn PUMP funding without price risk?

Open a delta-neutral position: long Phoenix and short Nado, currently 2.3% net APR (high risk). The two legs cancel price exposure so you keep the funding spread.

Learn the strategy