META funding rates

META perpetual funding is currently quoted across 18 venues, ranging from +0.0% to +14.8% APR. The most reliable delta-neutral pairing for META right now is long Nado / short Phoenix at +6.8% net APR (medium risk, ~0.6d to break even).

as of 2026-09-12 14:42 UTC
Best delta-neutral pairing
Long Nado / Short Phoenix
+6.8% net APR
Backtested (30d)
+8.7%
Stability
82.6%
Risk
medium
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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META funding by exchange

ExchangeFunding APR
Phoenix+14.84%
HotStuff+11.39%
TxFlow+10.95%
Ondo+5.52%
TradeXYZ+5.48%
Paradex+5.48%
Polymarket+5.47%
SoDEX+5.47%
Decibel+5.26%
Nado+5.08%
Arcus+4.18%
Lighter RH+3.50%
Lighter+3.50%
QFEX+0.00%
Variational+0.00%
Grvt+0.00%
Aster+0.00%
Extended+0.00%

Frequently asked

What is the META funding rate right now?

META perpetual funding ranges from 0.00% to 14.84% APR across 18 exchanges we track; the widest delta-neutral spread is long Nado / short Phoenix at 6.8% net APR.

Which exchange has the highest META funding rate?

Phoenix currently has the highest at 14.84% APR. See the full ranking above.