MET funding rate on Phoenix

Funding APR
-35.11%
-0.0040% / 1h
Interval
1h
next 16:00 UTC
Direction
Shorts pay
shorts pay longs
Venues tracked
4
listing this pair

Over the last 30 days, MET funding on Phoenix averaged -14.3% APR and stayed positive 13.7% of the time, ranging from -98.7% to +174.8%. Right now it pays shorts pay longs at -35.1% APR, settled every 1h across 4 venues we track. The most reliable delta-neutral pairing for MET right now is long Phoenix / short Lighter at +28.9% net APR (high risk, ~1.1d to break even).

as of 2026-09-07 15:15 UTC

MET funding history on Phoenixlast 30d

30d average
-14.35%
Range
-99% / 175%
% positive
13.7%
Volatility
29.4
Best delta-neutral pairing
Long Phoenix / Short Lighter
+28.9% net APR
Backtested (30d)
+15.1%
Stability
93.9%
Risk
high
Breakeven
~1.1d

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

Open this trade
Watch MET on Telegram

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

How MET funding compares across venues

ExchangeFunding APR
Hyperliquid+10.95%
Aster+10.95%
Lighter+10.51%
Phoenix-35.11%

Frequently asked

What is the current MET funding rate on Phoenix?

MET on Phoenix is funding at -35.11% APR (-0.0040% every 1h), paid shorts pay longs, as of 2026-09-07 15:15 UTC.

How often does Phoenix pay funding on MET?

Every 1 hour.

How do I earn MET funding without price risk?

Open a delta-neutral position: long Phoenix and short Lighter, currently 28.9% net APR (high risk). The two legs cancel price exposure so you keep the funding spread.

Learn the strategy