TRX funding rate on Phoenix

Funding APR
-10.60%
-0.0012% / 1h
Interval
1h
next 20:00 UTC
Direction
Shorts pay
shorts pay longs
Venues tracked
11
listing this pair

Over the last 7.2 days, TRX funding on Phoenix averaged -13.0% APR and stayed positive 0% of the time, ranging from -30.0% to -2.6%. Right now it pays shorts pay longs at -10.6% APR, settled every 1h across 11 venues we track. The most reliable delta-neutral pairing for TRX right now is long Phoenix / short SoDEX at +9.0% net APR (low risk, ~6.6d to break even).

as of 2026-07-24 19:43 UTC

TRX funding history on Phoenixlast 7d

30d average
-12.98%
Range
-30% / -3%
% positive
0%
Volatility
4.5
Best delta-neutral pairing
Long Phoenix / Short SoDEX
+9.0% net APR
Backtested (30d)
+7.3%
Stability
97.7%
Risk
low
Breakeven
~6.6d

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

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How TRX funding compares across venues

ExchangeFunding APR
Hyperliquid+10.95%
SoDEX+10.95%
Aster+6.93%
Variational+0.53%
dYdX+0.00%
Paradex-0.01%
Extended-3.50%
Kraken-5.05%
Lighter-5.26%
Phoenix-10.60%
EdgeX-410.62%

Frequently asked

What is the current TRX funding rate on Phoenix?

TRX on Phoenix is funding at -10.60% APR (-0.0012% every 1h), paid shorts pay longs, as of 2026-07-24 19:43 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 SoDEX, currently 9.0% net APR (low risk). The two legs cancel price exposure so you keep the funding spread.

Learn the strategy