QQQ funding rate on Phoenix

Funding APR
+3.67%
0.0004% / 1h
Interval
1h
next 12:00 UTC
Direction
Longs pay
longs pay shorts
Venues tracked
12
listing this pair

Over the last 2.7 days, QQQ funding on Phoenix averaged +38.4% APR and stayed positive 80% of the time, ranging from -34.3% to +112.7%. Right now it pays longs pay shorts at +3.7% APR, settled every 1h across 12 venues we track. The most reliable delta-neutral pairing for QQQ right now is long Nado / short Grvt at +0.8% net APR (low risk, ~3.8d to break even).

as of 2026-09-12 11:47 UTC

QQQ funding history on Phoenixlast 3d

30d average
+38.43%
Range
-34% / 113%
% positive
80%
Volatility
39.8
Best delta-neutral pairing
Long Nado / Short Grvt
+0.8% net APR
Backtested (30d)
+10.2%
Stability
84.4%
Risk
low
Breakeven
~3.8d

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

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How QQQ funding compares across venues

ExchangeFunding APR
TxFlow+10.95%
Ondo+5.52%
Decibel+5.26%
Arcus+4.18%
Phoenix+3.67%
Lighter RH+3.50%
Lighter+3.50%
RiseX+0.00%
Variational+0.00%
Aster+0.00%
Grvt+0.00%
Nado-3.24%

Frequently asked

What is the current QQQ funding rate on Phoenix?

QQQ on Phoenix is funding at 3.67% APR (0.0004% every 1h), paid longs pay shorts, as of 2026-09-12 11:47 UTC.

How often does Phoenix pay funding on QQQ?

Every 1 hour.

How do I earn QQQ funding without price risk?

Open a delta-neutral position: long Nado and short Grvt, currently 0.8% net APR (low risk). The two legs cancel price exposure so you keep the funding spread.

Learn the strategy