SNDK funding rate on Phoenix

Funding APR
-9.94%
-0.0011% / 1h
Interval
1h
next 00:00 UTC
Direction
Shorts pay
shorts pay longs
Venues tracked
21
listing this pair

Over the last 30 days, SNDK funding on Phoenix averaged +2.8% APR and stayed positive 47.6% of the time, ranging from -210.0% to +163.4%. Right now it pays shorts pay longs at -9.9% APR, settled every 1h across 21 venues we track. The most reliable delta-neutral pairing for SNDK right now is long Lighter / short SoDEX at +0.5% net APR (medium risk, ~5.5d to break even).

as of 2026-09-05 23:18 UTC

SNDK funding history on Phoenixlast 30d

30d average
+2.76%
Range
-210% / 163%
% positive
47.6%
Volatility
23.1
Best delta-neutral pairing
Long Lighter / Short SoDEX
+0.5% net APR
Backtested (30d)
+11.6%
Stability
97.8%
Risk
medium
Breakeven
~5.5d

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

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How SNDK funding compares across venues

ExchangeFunding APR
Entropy+45.87%
Kraken+26.85%
Nado+23.78%
TradeXYZ+21.15%
RiseX+19.88%
Pacifica+10.95%
TxFlow+10.95%
Decibel+7.01%
Paradex+6.19%
Ondo+5.52%
Polymarket+5.47%
SoDEX+5.47%
Arcus+4.22%
Lighter+3.50%
Lighter RH+3.50%
Extended+3.50%
QFEX+0.00%
Variational+0.00%
Aster+0.00%
Grvt+0.00%
Phoenix-9.94%

Frequently asked

What is the current SNDK funding rate on Phoenix?

SNDK on Phoenix is funding at -9.94% APR (-0.0011% every 1h), paid shorts pay longs, as of 2026-09-05 23:18 UTC.

How often does Phoenix pay funding on SNDK?

Every 1 hour.

How do I earn SNDK funding without price risk?

Open a delta-neutral position: long Lighter and short SoDEX, currently 0.5% net APR (medium risk). The two legs cancel price exposure so you keep the funding spread.

Learn the strategy