META funding rate on Phoenix

Funding APR
+59.01%
0.0067% / 1h
Interval
1h
next 14:00 UTC
Direction
Longs pay
longs pay shorts
Venues tracked
20
listing this pair

Over the last 30 days, META funding on Phoenix averaged +22.1% APR and stayed positive 84.7% of the time, ranging from -56.5% to +104.8%. Right now it pays longs pay shorts at +59.0% APR, settled every 1h across 20 venues we track. The most reliable delta-neutral pairing for META right now is long RiseX / short Decibel at +2.0% net APR (low risk, ~0.1d to break even).

as of 2026-10-19 13:19 UTC

META funding history on Phoenixlast 30d

30d average
+22.05%
Range
-56% / 105%
% positive
84.7%
Volatility
24.6
Best delta-neutral pairing
Long Variational / Short Phoenix
+55.6% net APR
Backtested (30d)
+17.7%
Stability
88.3%
Risk
low
Breakeven
~0.4d

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

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How META funding compares across venues

ExchangeFunding APR
Arcus+61.83%
Phoenix+59.01%
Lighter+14.89%
Pacifica+10.95%
TxFlow+10.95%
TradeXYZ+8.97%
QFEX+8.76%
Decibel+7.88%
Paradex+5.87%
Ondo+5.52%
PopDEX+5.52%
Polymarket+5.47%
SoDEX+5.47%
Lighter RH+3.50%
RiseX+0.00%
Variational+0.00%
Aster+0.00%
Grvt+0.00%
Extended+0.00%
Nado-4.70%

Frequently asked

What is the current META funding rate on Phoenix?

META on Phoenix is funding at 59.01% APR (0.0067% every 1h), paid longs pay shorts, as of 2026-10-19 13:19 UTC.

How often does Phoenix pay funding on META?

Every 1 hour.

How do I earn META funding without price risk?

Open a delta-neutral position: long Variational and short Phoenix, currently 55.6% net APR (low risk). The two legs cancel price exposure so you keep the funding spread.

Learn the strategy