META funding rate on Phoenix
Over the last 3.9 days, META funding on Phoenix averaged +4.2% APR and stayed positive 69.6% of the time, ranging from -38.5% to +31.5%. Right now it pays longs pay shorts at +6.8% APR, settled every 1h across 16 venues we track. The most reliable delta-neutral pairing for META right now is long Lighter / short Decibel at +2.7% net APR (low risk, ~0.1d to break even).
META funding history on Phoenixlast 4d
- Backtested (30d)
- +20.8%
- Stability
- 89.8%
- Risk
- low
- Breakeven
- ~0.1d
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
Frequently asked
What is the current META funding rate on Phoenix?
META on Phoenix is funding at 6.76% APR (0.0008% every 1h), paid longs pay shorts, as of 2026-07-21 17:00 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 Lighter and short Decibel, currently 2.7% net APR (low risk). The two legs cancel price exposure so you keep the funding spread.