SOL funding rate on Phoenix
Over the last 3.9 days, SOL funding on Phoenix averaged -1.4% APR and stayed positive 21.7% of the time, ranging from -8.9% to +3.5%. Right now it pays shorts pay longs at -3.4% APR, settled every 1h across 24 venues we track. The most reliable delta-neutral pairing for SOL right now is long Hibachi / short Katana at +7.3% net APR (low risk, ~3.7d to break even).
SOL funding history on Phoenixlast 4d
- Backtested (30d)
- +7.2%
- Stability
- 100%
- Risk
- low
- Breakeven
- ~3.7d
Ranked by 30-day reliability (backtest × stability × risk) — the spread that holds, not just the widest current rate.
Open this tradeNot ready to trade? Get a Telegram ping when SOL's delta-neutral funding APR spikes — no sign-up, no wallet needed. The bot confirms your exact watch level.
How SOL funding compares across venues
| Exchange | Funding APR |
|---|---|
| HotStuff | +14.02% |
| Katana | +10.95% |
| Hyena | +10.95% |
| Grvt | +10.95% |
| Arcus | +10.95% |
| EdgeX | +10.95% |
| Hyperliquid | +10.79% |
| Lighter | +10.51% |
| Pacifica | +9.37% |
| Paradex | +8.98% |
| Nado | +6.13% |
| Aster | +4.79% |
| SoDEX | +3.54% |
| Variational | +3.17% |
| Decibel | +0.00% |
| Hibachi | -1.20% |
| Phoenix | -3.36% |
| Ethereal | -3.40% |
| 01xyz | -7.88% |
| Kraken | -8.67% |
| RiseX | -9.05% |
| Extended | -9.64% |
| dYdX | -11.47% |
| Perpl | -17.52% |
Frequently asked
What is the current SOL funding rate on Phoenix?
SOL on Phoenix is funding at -3.36% APR (-0.0004% every 1h), paid shorts pay longs, as of 2026-07-21 16:24 UTC.
How often does Phoenix pay funding on SOL?
Every 1 hour.
How do I earn SOL funding without price risk?
Open a delta-neutral position: long Hibachi and short Katana, currently 7.3% net APR (low risk). The two legs cancel price exposure so you keep the funding spread.