OIL (WTI) funding rate on Phoenix

Funding APR
+9.11%
0.0010% / 1h
Interval
1h
next 22:00 UTC
Direction
Longs pay
longs pay shorts
Venues tracked
18
listing this pair

Over the last 5.3 days, OIL (WTI) funding on Phoenix averaged +13.0% APR and stayed positive 76.7% of the time, ranging from -52.6% to +114.0%. Right now it pays longs pay shorts at +9.1% APR, settled every 1h across 18 venues we track. The most reliable delta-neutral pairing for OIL (WTI) right now is long Nado / short TradeXYZ at +140.2% net APR (low risk, ~0.2d to break even).

as of 2026-07-22 21:58 UTC

WTI funding history on Phoenixlast 5d

30d average
+13.01%
Range
-53% / 114%
% positive
76.7%
Volatility
22.8
Best delta-neutral pairing
Long Nado / Short TradeXYZ
+140.2% net APR
Backtested (30d)
+13.4%
Stability
92.2%
Risk
low
Breakeven
~0.2d

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

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How WTI funding compares across venues

ExchangeFunding APR
Grvt+171.26%
TradeXYZ+127.88%
Decibel+127.02%
HotStuff+119.14%
SoDEX+95.92%
dYdX+94.17%
Lighter+81.47%
Paradex+62.67%
Extended+54.31%
Aster+43.00%
Variational+22.75%
Phoenix+9.11%
Ondo+5.52%
Pacifica+1.53%
QFEX+0.00%
EdgeX+0.00%
Nado-15.98%
Kraken-88.97%

Frequently asked

What is the current WTI funding rate on Phoenix?

OIL (WTI) on Phoenix is funding at 9.11% APR (0.0010% every 1h), paid longs pay shorts, as of 2026-07-22 21:58 UTC.

How often does Phoenix pay funding on WTI?

Every 1 hour.

How do I earn WTI funding without price risk?

Open a delta-neutral position: long Nado and short TradeXYZ, currently 140.2% net APR (low risk). The two legs cancel price exposure so you keep the funding spread.

Learn the strategy