SKHY funding rate on Phoenix

Funding APR
+36.33%
0.0041% / 1h
Interval
1h
next 12:00 UTC
Direction
Longs pay
longs pay shorts
Venues tracked
16
listing this pair

Over the last 30 days, SKHY funding on Phoenix averaged +14.5% APR and stayed positive 70.6% of the time, ranging from -184.7% to +179.8%. Right now it pays longs pay shorts at +36.3% APR, settled every 1h across 16 venues we track. The most reliable delta-neutral pairing for SKHY right now is long Lighter / short SoDEX at +26.3% net APR (low risk, ~0.2d to break even).

as of 2026-10-21 11:48 UTC

SKHY funding history on Phoenixlast 30d

30d average
+14.53%
Range
-185% / 180%
% positive
70.6%
Volatility
23.0
Best delta-neutral pairing
Long Lighter / Short SoDEX
+26.3% net APR
Backtested (30d)
+18.1%
Stability
97.2%
Risk
low
Breakeven
~0.2d

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

Open this trade
Watch SKHY on Telegram

Not ready to trade? Get a Telegram ping when SKHY's delta-neutral funding APR spikes — no sign-up, no wallet needed. The bot confirms your exact watch level.

How SKHY funding compares across venues

ExchangeFunding APR
Phoenix+36.33%
SoDEX+31.61%
Kraken+25.70%
Nado+24.46%
PopDEX+5.52%
TradeXYZ+5.48%
Polymarket+5.47%
Arcus+4.43%
Lighter+3.50%
Lighter RH+3.50%
Ondo+0.00%
QFEX+0.00%
Variational+0.00%
Aster+0.00%
Grvt+0.00%
Extended+0.00%

Frequently asked

What is the current SKHY funding rate on Phoenix?

SKHY on Phoenix is funding at 36.33% APR (0.0041% every 1h), paid longs pay shorts, as of 2026-10-21 11:48 UTC.

How often does Phoenix pay funding on SKHY?

Every 1 hour.

How do I earn SKHY funding without price risk?

Open a delta-neutral position: long Lighter and short SoDEX, currently 26.3% net APR (low risk). The two legs cancel price exposure so you keep the funding spread.

Learn the strategy