SNDK funding rate on Phoenix

Funding APR
+10.80%
0.0012% / 1h
Interval
1h
next 22:00 UTC
Direction
Longs pay
longs pay shorts
Venues tracked
14
listing this pair

Over the last 5.3 days, SNDK funding on Phoenix averaged +15.4% APR and stayed positive 66.4% of the time, ranging from -52.0% to +89.3%. Right now it pays longs pay shorts at +10.8% APR, settled every 1h across 14 venues we track. The most reliable delta-neutral pairing for SNDK right now is long Ondo / short Grvt at +51.0% net APR (low risk, ~1.1d to break even).

as of 2026-07-22 21:58 UTC

SNDK funding history on Phoenixlast 5d

30d average
+15.37%
Range
-52% / 89%
% positive
66.4%
Volatility
27.7
Best delta-neutral pairing
Long Ondo / Short Grvt
+51.0% net APR
Backtested (30d)
+38.1%
Stability
83%
Risk
low
Breakeven
~1.1d

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
Phoenix+10.80%
TradeXYZ+5.48%
SoDEX+5.47%
Arcus+4.17%
Paradex+3.60%
Lighter+3.50%
Extended+3.50%
Grvt+0.00%
QFEX+0.00%
Variational-2.20%
Aster-11.82%
Nado-25.76%
Decibel-40.30%
Ondo-57.38%

Frequently asked

What is the current SNDK funding rate on Phoenix?

SNDK on Phoenix is funding at 10.80% APR (0.0012% every 1h), paid longs pay shorts, as of 2026-07-22 21:58 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 Ondo and short Grvt, currently 51.0% net APR (low risk). The two legs cancel price exposure so you keep the funding spread.

Learn the strategy