SPCX funding rate on Phoenix

Funding APR
+21.27%
0.0024% / 1h
Interval
1h
next 21:00 UTC
Direction
Longs pay
longs pay shorts
Venues tracked
14
listing this pair

Over the last 4.2 days, SPCX funding on Phoenix averaged +17.1% APR and stayed positive 80.9% of the time, ranging from -54.8% to +82.2%. Right now it pays longs pay shorts at +21.3% APR, settled every 1h across 14 venues we track. The most reliable delta-neutral pairing for SPCX right now is long Lighter / short Decibel at +3.1% net APR (low risk, ~0.3d to break even).

as of 2026-07-21 20:40 UTC

SPCX funding history on Phoenixlast 4d

30d average
+17.11%
Range
-55% / 82%
% positive
80.9%
Volatility
22.1
Best delta-neutral pairing
Long Lighter / Short Decibel
+3.1% net APR
Backtested (30d)
+24.8%
Stability
88.1%
Risk
low
Breakeven
~0.3d

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

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How SPCX funding compares across venues

ExchangeFunding APR
Phoenix+21.27%
Nado+14.47%
Pacifica+10.95%
Decibel+8.76%
Paradex+6.70%
Ondo+5.52%
TradeXYZ+5.48%
SoDEX+5.47%
Arcus+4.13%
Lighter+3.50%
Extended+3.50%
Variational+0.00%
Aster+0.00%
QFEX+0.00%

Frequently asked

What is the current SPCX funding rate on Phoenix?

SPCX on Phoenix is funding at 21.27% APR (0.0024% every 1h), paid longs pay shorts, as of 2026-07-21 20:40 UTC.

How often does Phoenix pay funding on SPCX?

Every 1 hour.

How do I earn SPCX funding without price risk?

Open a delta-neutral position: long Lighter and short Decibel, currently 3.1% net APR (low risk). The two legs cancel price exposure so you keep the funding spread.

Learn the strategy