TRX funding rate on Phoenix

Funding APR
-16.03%
-0.0018% / 1h
Interval
1h
next 00:00 UTC
Direction
Shorts pay
shorts pay longs
Venues tracked
12
listing this pair

Over the last 30 days, TRX funding on Phoenix averaged -15.8% APR and stayed positive 0% of the time, ranging from -68.5% to +0.0%. Right now it pays shorts pay longs at -16.0% APR, settled every 1h across 12 venues we track. The most reliable delta-neutral pairing for TRX right now is long Phoenix / short Lighter at +24.5% net APR (low risk, ~2.4d to break even).

as of 2026-10-22 23:41 UTC

TRX funding history on Phoenixlast 30d

30d average
-15.76%
Range
-68% / 0%
% positive
0%
Volatility
10.2
Best delta-neutral pairing
Long Phoenix / Short Lighter
+24.5% net APR
Backtested (30d)
-0.5%
Stability
75.1%
Risk
low
Breakeven
~2.4d

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

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

How TRX funding compares across venues

ExchangeFunding APR
Lighter+10.51%
Hyperliquid+9.39%
Decibel+8.76%
Paradex+7.62%
SoDEX+4.83%
TxFlow+4.05%
dYdX+0.00%
Aster-13.65%
Extended-15.77%
Phoenix-16.03%
Kraken-17.08%
Variational-26.40%

Frequently asked

What is the current TRX funding rate on Phoenix?

TRX on Phoenix is funding at -16.03% APR (-0.0018% every 1h), paid shorts pay longs, as of 2026-10-22 23:41 UTC.

How often does Phoenix pay funding on TRX?

Every 1 hour.

How do I earn TRX funding without price risk?

Open a delta-neutral position: long Phoenix and short Lighter, currently 24.5% net APR (low risk). The two legs cancel price exposure so you keep the funding spread.

Learn the strategy