XPL funding rate on Phoenix

Funding APR
+9.75%
0.0011% / 1h
Interval
1h
next 17:00 UTC
Direction
Longs pay
longs pay shorts
Venues tracked
17
listing this pair

Over the last 30 days, XPL funding on Phoenix averaged +9.0% APR and stayed positive 53.6% of the time, ranging from -23.1% to +66.5%. Right now it pays longs pay shorts at +9.8% APR, settled every 1h across 17 venues we track. The most reliable delta-neutral pairing for XPL right now is long TxFlow / short Phoenix at +63.2% net APR (low risk, ~0.6d to break even).

as of 2026-09-07 16:37 UTC

XPL funding history on Phoenixlast 30d

30d average
+8.99%
Range
-23% / 67%
% positive
53.6%
Volatility
15.1
Best delta-neutral pairing
Long TxFlow / Short Phoenix
+63.2% net APR
Backtested (30d)
+23.4%
Stability
87.1%
Risk
low
Breakeven
~0.6d

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

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How XPL funding compares across venues

ExchangeFunding APR
Kraken+60.02%
Extended+11.39%
Hyperliquid+10.95%
Pacifica+10.95%
Variational+10.95%
Bulk+10.95%
Aster+10.95%
Grvt+10.95%
SoDEX+10.95%
Nado+10.95%
Lighter+10.51%
Phoenix+9.75%
Paradex+8.24%
n1xyz+5.26%
dYdX+0.00%
Decibel-35.92%
TxFlow-59.53%

Frequently asked

What is the current XPL funding rate on Phoenix?

XPL on Phoenix is funding at 9.75% APR (0.0011% every 1h), paid longs pay shorts, as of 2026-09-07 16:37 UTC.

How often does Phoenix pay funding on XPL?

Every 1 hour.

How do I earn XPL funding without price risk?

Open a delta-neutral position: long TxFlow and short Phoenix, currently 63.2% net APR (low risk). The two legs cancel price exposure so you keep the funding spread.

Learn the strategy