META funding rates
META perpetual funding across 12 venues. Rates are annualized (APR); positive means longs pay shorts.
· refreshed every 5 min
- Best pair · 7d
- 15.5%long Bybit, short Nado · net 10.8%
- Highest funding now
- 35.0%LrLighter RH
- Lowest funding now
- 0.0%AsAster
- Listed on
- 12 venues
Funding by venue
| 7d chart | Flags | Open | |||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| LrLighter RH | META | 35.0% | 10.2% | 7.7% | 5.6% | 7.2% | 100% | 1h | 05:00 | 722.11 | $2.6M | $7.0M | TradFi | LrLighter RH | |
| PmPolymarket | META-USD | 22.6% | 10.6% | 6.9% | 6.8% | 6.3% | 100% | 1h | 05:00 | 722.09 | $571k | $22k | TradFi | PmPolymarket | |
| NaNado | META-PERP_USDT0 | 17.5% | 11.6% | 15.8% | 8.9% | 16.5% | 89% | 1h | 05:00 | 722.56 | $385k | $31k | TradFi | NaNado | |
| RwRWA Perp | PERP_META_USDC_mythos | 10.9% | 10.9% | 10.9% | 10.9% | 10.9% | 100% | 8h | 08:00 | 722.30 | $591 | $0 | TradFi | RwRWA Perp | |
| GrGRVT | META_USDT_Perp | 4.1% | 0.9% | 0.6% | 1.1% | 0.5% | 10% | 8h | 08:00 | 722.77 | $12k | $456k | TradFi | GrGRVT | |
| LiLighter | META | 3.5% | 4.2% | 4.3% | 9.0% | 4.3% | 99% | 1h | 05:00 | 721.81 | $2.1M | $3.1M | TradFi | LiLighter | |
| GtGateCEX | META_USDT | 3.5% | 3.9% | 0.9% | 0.4% | 0.4% | 11% | 8h | 08:00 | 722.46 | $1.5M | $472k | TradFi | GtGate | |
| ByBybitCEX | METAUSDT | 2.2% | 0.0% | 0.3% | 0.8% | 0.3% | 2% | 8h | 08:00 | 722.72 | $6.0M | $449k | TradFi | ByBybit | |
| AsAster | METAUSDT | 0.0% | 0.0% | 1.3% | 0.5% | 1.6% | 11% | 8h | 08:00 | 722.26 | $488k | $129k | TradFi | AsAster | |
| RxRISEx | META/USDC | 0.0% | −5.5% | 4.1% | 6.5% | 5.7% | 20% | 1h | 05:00 | 721.85 | $315k | $570k | TradFi | RxRISEx | |
| VaVariational | META | 0.0% | 0.0% | 0.5% | 0.8% | 0.6% | 5% | 8h | — | 721.60 | $2.2M | $762k | TradFi | VaVariational | |
| BgBitgetCEX | METAUSDT | 0.0% | 0.0% | 1.0% | 1.2% | 1.2% | 10% | 8h | 08:00 | 722.75 | $3.1M | $468k | TradFi | BgBitget |
Sparklines: hourly funding APR over the last 7 days, zero line dashed.
Long/short pairs
| Spread APR | After taker fees | Quality | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 7d trend | Flags | Open | Calc | |||||||||||
| VaVariational | NaNado | 17.5% | 11.6% | 15.2% | 8.1% | 13.4% | 20.1% | 1.7d | steady | $385k | 8h/1hTradFispread not incl. | VaNa | calc | |
| ByBybitCEX | NaNado | 15.3% | 11.6% | 15.5% | 8.1% | 10.8% | 16.2% | 4.2d | steady | $385k | 8h/1hTradFi | ByNa | calc | |
| AsAster | NaNado | 17.5% | 11.6% | 14.4% | 8.4% | 10.5% | 15.8% | 3.8d | steady | $385k | 8h/1hTradFi | AsNa | calc | |
| BgBitgetCEX | NaNado | 17.5% | 11.6% | 14.7% | 7.7% | 9.8% | 14.7% | 4.7d | steady | $385k | 8h/1hTradFi | BgNa | calc | |
| LiLighter | NaNado | 14.0% | 7.5% | 11.5% | −0.1% | 9.7% | 14.5% | 2.2d | steady | $385k | TradFi | LiNa | calc | |
| GtGateCEX | NaNado | 14.0% | 7.7% | 14.9% | 8.5% | 9.2% | 13.7% | 5.4d | steady | $385k | 8h/1hTradFi | GtNa | calc | |
| RxRISEx | NaNado | 17.5% | 17.2% | 11.7% | 10.0% | 8.3% | 12.4% | 4.1d | steady | $315k | TradFi | RxNa | calc | |
| VaVariational | LrLighter RH | 35.0% | 10.2% | 7.1% | 4.6% | 7.1% | 10.7% | <0.1d | steady | $2.2M | 8h/1hTradFispread not incl. | VaLr | calc | |
| LrLighter RH | NaNado | −17.5% | 1.5% | 8.1% | 5.9% | 6.3% | 9.4% | 3.1d | cooling | $385k | TradFi | LrNa | calc | |
| GrGRVT | NaNado | 13.5% | 10.7% | 15.2% | 7.8% | 11.0% | 16.6% | 3.8d | steady | $12k | low OI8h/1hTradFi | GrNa | calc | |
| PmPolymarket | NaNado | −5.1% | 1.1% | 8.9% | 2.1% | 5.0% | 7.5% | 6.1d | cooling | $385k | TradFiinvite only | PmNa | calc | |
| ByBybitCEX | LrLighter RH | 32.8% | 10.1% | 7.4% | 4.6% | 4.5% | 6.8% | 5.4d | steady | $2.6M | 8h/1hTradFi | ByLr | calc | |
| VaVariational | PmPolymarket | 22.6% | 10.6% | 6.3% | 6.0% | 4.2% | 6.4% | 4.6d | steady | $571k | 8h/1hTradFiinvite onlyspread not incl. | VaPm | calc | |
| AsAster | LrLighter RH | 35.0% | 10.2% | 6.3% | 5.0% | 4.2% | 6.3% | 4.6d | steady | $488k | 8h/1hTradFi | AsLr | calc | |
| VaVariational | LiLighter | 3.5% | 4.2% | 3.7% | 8.2% | 3.7% | 5.6% | <0.1d | weak | $2.1M | 8h/1hTradFispread not incl. | VaLi | calc | |
| BgBitgetCEX | LrLighter RH | 35.0% | 10.2% | 6.6% | 4.1% | 3.5% | 5.2% | 6.6d | steady | $2.6M | 8h/1hTradFi | BgLr | calc | |
| LiLighter | LrLighter RH | 31.5% | 6.0% | 3.4% | −4.4% | 3.4% | 5.1% | <0.1d | weak | $2.1M | TradFi | LiLr | calc | |
| GtGateCEX | LrLighter RH | 31.5% | 6.2% | 6.8% | 5.0% | 2.9% | 4.3% | 8.1d | steady | $1.5M | 8h/1hTradFi | GtLr | calc | |
| GrGRVT | LrLighter RH | 31.0% | 9.2% | 7.1% | 4.2% | 4.7% | 7.1% | 4.6d | steady | $12k | low OI8h/1hTradFi | GrLr | calc | |
| VaVariational | RxRISEx | 0.0% | −5.5% | 3.6% | 6.1% | 2.0% | 3.0% | 6.1d | cooling | $315k | 8h/1hTradFispread not incl. | VaRx | calc | |
| ByBybitCEX | PmPolymarket | 20.4% | 10.5% | 6.6% | 6.0% | 1.7% | 2.5% | 11d | steady | $571k | 8h/1hTradFiinvite only | ByPm | calc | |
| AsAster | PmPolymarket | 22.6% | 10.6% | 5.5% | 6.4% | 1.4% | 2.0% | 11d | weak | $488k | 8h/1hTradFiinvite only | AsPm | calc | |
| ByBybitCEX | LiLighter | 1.3% | 4.1% | 4.0% | 8.2% | 1.1% | 1.7% | 10d | weak | $2.1M | 8h/1hTradFi | ByLi | calc | |
| RxRISEx | LrLighter RH | 35.0% | 15.7% | 3.5% | 0.3% | 2.0% | 3.0% | 6.2d | spike ×10.3 | $315k | TradFi | RxLr | calc | |
| GrGRVT | PmPolymarket | 18.6% | 9.6% | 6.3% | 5.7% | 1.9% | 2.8% | 9.8d | steady | $12k | low OI8h/1hTradFiinvite only | GrPm | calc | |
| AsAster | LiLighter | 3.5% | 4.2% | 2.9% | 8.6% | 0.8% | 1.2% | 10d | weak | $488k | 8h/1hTradFi | AsLi | calc | |
| GrGRVT | LiLighter | −0.5% | 3.2% | 3.7% | 7.9% | 1.3% | 2.0% | 8.9d | weak | $12k | low OI8h/1hTradFi | GrLi | calc | |
| BgBitgetCEX | PmPolymarket | 22.6% | 10.6% | 5.8% | 5.6% | 0.6% | 0.9% | 13d | steady | $571k | 8h/1hTradFiinvite only | BgPm | calc | |
| LiLighter | PmPolymarket | 19.1% | 6.4% | 2.6% | −2.2% | 0.5% | 0.8% | 11d | weak | $571k | TradFiinvite only | LiPm | calc | |
| BgBitgetCEX | LiLighter | 3.5% | 4.2% | 3.2% | 7.8% | 0.1% | 0.1% | 14d | weak | $2.1M | 8h/1hTradFi | BgLi | calc | |
| GtGateCEX | PmPolymarket | 19.1% | 6.6% | 6.0% | 6.4% | 0.0% | 0.0% | 14d | steady | $571k | 8h/1hTradFiinvite only | GtPm | calc | |
| GtGateCEX | LiLighter | 0.0% | 0.2% | 3.4% | 8.6% | −0.5% | −0.8% | 16d | weak | $1.5M | 8h/1hTradFi | GtLi | calc | |
| ByBybitCEX | RxRISEx | −2.2% | −5.6% | 3.8% | 6.1% | −0.6% | −0.9% | 16d | cooling | $315k | 8h/1hTradFi | ByRx | calc | |
| GrGRVT | RxRISEx | −4.1% | −6.5% | 3.5% | 5.9% | −0.4% | −0.6% | 15d | cooling | $12k | low OI8h/1hTradFi | GrRx | calc | |
| AsAster | RxRISEx | 0.0% | −5.5% | 2.8% | 5.4% | −0.9% | −1.3% | 19d | weak | $315k | 8h/1hTradFi | AsRx | calc | |
| VaVariational | AsAster | 0.0% | 0.0% | 0.8% | −0.4% | −1.3% | −1.9% | 36d | weak | $488k | TradFispread not incl. | VaAs | calc | |
| RxRISEx | LiLighter | 3.5% | 9.7% | 0.1% | −1.9% | −1.4% | −2.1% | 148d | weak | $315k | TradFi | RxLi | calc | |
| BgBitgetCEX | RxRISEx | 0.0% | −5.5% | 3.1% | 5.4% | −1.6% | −2.4% | 21d | weak | $315k | 8h/1hTradFi | BgRx | calc | |
| RxRISEx | PmPolymarket | 22.6% | 16.1% | 2.8% | −0.2% | −0.9% | −1.3% | 18d | spike ×29.9 | $315k | TradFiinvite only | RxPm | calc | |
| GtGateCEX | RxRISEx | −3.5% | −9.5% | 3.2% | 5.8% | −2.3% | −3.4% | 24d | cooling | $315k | 8h/1hTradFi | GtRx | calc | |
| ByBybitCEX | VaVariational | −2.2% | 0.0% | 0.3% | 0.0% | −2.6% | −3.9% | 144d | weak | $2.2M | TradFispread not incl. | ByVa | calc | |
| PmPolymarket | LrLighter RH | 12.4% | −0.4% | 0.8% | −1.7% | −1.3% | −2.0% | 37d | mixed | $571k | TradFiinvite only | PmLr | calc | |
| VaVariational | BgBitgetCEX | 0.0% | 0.0% | 0.5% | 0.4% | −2.6% | −3.9% | 88d | weak | $2.2M | TradFispread not incl. | VaBg | calc | |
| VaVariational | ByBybitCEX | 2.2% | 0.0% | −0.3% | 0.0% | −3.1% | −4.7% | — | weak | $2.2M | TradFispread not incl. | VaBy | calc | |
| VaVariational | GtGateCEX | 3.5% | 3.9% | 0.3% | −0.4% | −3.6% | −5.3% | 158d | weak | $1.5M | TradFispread not incl. | VaGt | calc | |
| ByBybitCEX | AsAster | −2.2% | 0.0% | 1.1% | −0.3% | −3.9% | −5.8% | 64d | weak | $488k | TradFi | ByAs | calc | |
| VaVariational | GrGRVT | 4.1% | 0.9% | 0.0% | 0.3% | −2.3% | −3.5% | >999d | weak | $12k | low OITradFispread not incl. | VaGr | calc | |
| BgBitgetCEX | AsAster | 0.0% | 0.0% | 0.3% | −0.7% | −4.9% | −7.4% | 239d | weak | $488k | TradFi | BgAs | calc | |
| ByBybitCEX | BgBitgetCEX | −2.2% | 0.0% | 0.8% | 0.4% | −5.2% | −7.8% | 108d | weak | $3.1M | TradFi | ByBg | calc | |
| GtGateCEX | AsAster | −3.5% | −3.9% | 0.5% | 0.0% | −5.5% | −8.3% | 184d | weak | $488k | TradFi | GtAs | calc | |
| AsAster | ByBybitCEX | 2.2% | 0.0% | −1.1% | 0.3% | −6.0% | −9.1% | — | weak | $488k | TradFi | AsBy | calc | |
| ByBybitCEX | GtGateCEX | 1.3% | 3.9% | 0.6% | −0.3% | −6.2% | −9.2% | 152d | weak | $1.5M | TradFi | ByGt | calc | |
| AsAster | GtGateCEX | 3.5% | 3.9% | −0.5% | 0.0% | −6.5% | −9.7% | — | weak | $488k | TradFi | AsGt | calc | |
| BgBitgetCEX | ByBybitCEX | 2.2% | 0.0% | −0.8% | −0.4% | −6.8% | −10.2% | — | weak | $3.1M | TradFi | BgBy | calc | |
| GtGateCEX | BgBitgetCEX | −3.5% | −3.9% | 0.2% | 0.7% | −6.9% | −10.3% | 649d | weak | $1.5M | TradFi | GtBg | calc | |
| BgBitgetCEX | GtGateCEX | 3.5% | 3.9% | −0.2% | −0.7% | −7.2% | −10.8% | — | weak | $1.5M | TradFi | BgGt | calc | |
| GrGRVT | AsAster | −4.1% | −0.9% | 0.8% | −0.7% | −3.6% | −5.5% | 79d | weak | $12k | low OITradFi | GrAs | calc | |
| RxRISEx | ByBybitCEX | 2.2% | 5.6% | −3.8% | −6.1% | −8.3% | −12.4% | — | weak | $315k | 1h/8hTradFi | RxBy | calc | |
| RxRISEx | GtGateCEX | 3.5% | 9.5% | −3.2% | −5.8% | −8.7% | −13.0% | — | weak | $315k | 1h/8hTradFi | RxGt | calc | |
| ByBybitCEX | GrGRVT | 1.9% | 0.9% | 0.3% | 0.4% | −4.9% | −7.4% | 243d | weak | $12k | low OITradFi | ByGr | calc | |
| GrGRVT | BgBitgetCEX | −4.1% | −0.9% | 0.5% | 0.0% | −5.0% | −7.5% | 161d | weak | $12k | low OITradFi | GrBg | calc | |
| AsAster | GrGRVT | 4.1% | 0.9% | −0.8% | 0.7% | −5.2% | −7.8% | — | weak | $12k | low OITradFi | AsGr | calc | |
| GrGRVT | GtGateCEX | −0.5% | 3.0% | 0.3% | −0.7% | −5.9% | −8.9% | 269d | weak | $12k | low OITradFi | GrGt | calc | |
| BgBitgetCEX | GrGRVT | 4.1% | 0.9% | −0.5% | 0.0% | −6.0% | −8.9% | — | weak | $12k | low OITradFi | BgGr | calc | |
| GtGateCEX | GrGRVT | 0.5% | −3.0% | −0.3% | 0.7% | −6.6% | −9.9% | — | weak | $12k | low OITradFi | GtGr | calc | |
| RxRISEx | GrGRVT | 4.1% | 6.5% | −3.5% | −5.9% | −7.5% | −11.2% | — | weak | $12k | low OI1h/8hTradFi | RxGr | calc | |
| NaNado | LrLighter RH | 17.5% | −1.5% | −8.1% | −5.9% | −9.9% | −14.9% | — | mixed | $385k | TradFi | NaLr | calc | |
| LiLighter | GrGRVT | 0.5% | −3.2% | −3.7% | −7.9% | −6.0% | −9.1% | — | mixed | $12k | low OI1h/8hTradFi | LiGr | calc | |
| NaNado | PmPolymarket | 5.1% | −1.1% | −8.9% | −2.1% | −12.8% | −19.2% | — | mixed | $385k | TradFiinvite only | NaPm | calc | |
What the columns and badges mean
- now
- Current funding spread APR: short-leg rate minus long-leg rate, annualized.
- 24h
- Average spread APR over the last 24 hours, on hours when both venues have data (settled funding, plus predicted rates for hours not settled yet).
- 7d
- Average spread APR over the last 7 days, on hours when both venues have data (settled funding, plus predicted rates for hours not settled yet). Used for ranking and net APR.
- 30d
- Average spread APR over the last 30 days, on hours when both venues have data (settled funding, plus predicted rates for hours not settled yet).
- 7d trend
- Spread APR over the last 7 days in 6-hour averages; the dashed line is zero.
- Net APR
- 7d spread APR minus taker fees to open and close both legs, spread over the holding period: net = spread7d − fees × 365 / days. Per unit of notional per leg.
- On capital
- Net APR on the capital posted for both legs at this leverage: net × leverage / 2.
- Breakeven
- Days of 7d-average funding needed to pay back open+close taker fees.
- Min OI
- Smaller open interest of the two legs, USD.
- steady
- Steady: prior-week spread at least 5% APR, last 24h positive and no spike, positive now. Not negative in X% of hours over 7 days.
- spike
- The last 24h spread is far above the prior 6-day average (more than 3×, or above 15% APR after a weak prior) — it may not last.
- mixed
- The spread was negative too often: not negative in only X% of hours over 7 days.
- new
- Less than 4 days of shared history in the prior week: stability cannot be judged yet.
- weak
- Prior-week spread under 5% APR: too small to call steady.
- cooling
- The prior week was solid, but the last 24h or the current spread is not positive.
- ≠ asset?
- Mark prices differ by N bps — these may be different assets under one ticker, or contracts of a different size (e.g. per 1,000 coins). Verify before trading.
- stale
- At least one leg has not updated for over 30 minutes.
- low OI
- Open interest under $50k on at least one leg — size carefully.
- 8h/1h
- Funding intervals differ (8h vs 1h): payments are not simultaneous.
- TradFi
- Tokenized stock, index or commodity: trading sessions and oracle rules may differ.
- invite only
- Invite-only venue: an account needs an invite code, so it is not selected by default. Tick it in the venue filter to include it.
- spread not incl.
- A leg trades on quotes with no fee (Variational): the cost is the market maker's quote spread, which we cannot see, so the net APR is before it. Compare the quote with the mark price before you trade.
- CEX
- Centralized exchange: trading needs an account with identity verification (KYC).
Prices now
Buy on the row's venue at its ask, sell on the column's venue at its bid; spread before fees.Indicative · marks from 2026-10-12 04:46 UTC
Live quotes are unavailable right now (last update: never). Shown instead: indicative spreads between mark prices from the funding snapshot. Marks are taken minutes apart and are not prices you can trade at.
META · TradFi
No two venues give a usable spread right now.
| Buy ↓ · Sell → | GrGRVT722.77 | BgBitget722.75 | ByBybit722.72 | NaNado722.561 | GtGate722.46 | RwRWA Perp722.3 | AsAster722.256 | LrLighter RH722.11 | PmPolymarket722.09 | RxRISEx721.85 | LiLighter721.81 | VaVariational721.6 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| VaVariational721.6 | 0.162% | 0.159% | 0.155% | 0.133% | 0.119% | 0.097% | 0.091% | 0.071% | 0.068% | 0.035% | 0.029% | — |
| LiLighter721.81 | 0.133% | 0.130% | 0.126% | 0.104% | 0.090% | 0.068% | 0.062% | 0.042% | 0.039% | 0.006% | — | −0.029% |
| RxRISEx721.85 | 0.127% | 0.125% | 0.120% | 0.098% | 0.084% | 0.062% | 0.056% | 0.036% | 0.033% | — | −0.006% | −0.035% |
| PmPolymarket722.09 | 0.094% | 0.091% | 0.087% | 0.065% | 0.051% | 0.029% | 0.023% | 0.003% | — | −0.033% | −0.039% | −0.068% |
| LrLighter RH722.11 | 0.091% | 0.089% | 0.084% | 0.062% | 0.048% | 0.026% | 0.020% | — | −0.003% | −0.036% | −0.042% | −0.071% |
| AsAster722.256 | 0.071% | 0.068% | 0.064% | 0.042% | 0.028% | 0.006% | — | −0.020% | −0.023% | −0.056% | −0.062% | −0.091% |
| RwRWA Perp722.3 | 0.065% | 0.062% | 0.058% | 0.036% | 0.022% | — | −0.006% | −0.026% | −0.029% | −0.062% | −0.068% | −0.097% |
| GtGate722.46 | 0.043% | 0.040% | 0.036% | 0.014% | — | −0.022% | −0.028% | −0.048% | −0.051% | −0.084% | −0.090% | −0.119% |
| NaNado722.561 | 0.029% | 0.026% | 0.022% | — | −0.014% | −0.036% | −0.042% | −0.062% | −0.065% | −0.098% | −0.104% | −0.133% |
| ByBybit722.72 | 0.007% | 0.004% | — | −0.022% | −0.036% | −0.058% | −0.064% | −0.084% | −0.087% | −0.120% | −0.126% | −0.155% |
| BgBitget722.75 | 0.003% | — | −0.004% | −0.026% | −0.040% | −0.062% | −0.068% | −0.089% | −0.091% | −0.125% | −0.130% | −0.159% |
| GrGRVT722.77 | — | −0.003% | −0.007% | −0.029% | −0.043% | −0.065% | −0.071% | −0.091% | −0.094% | −0.127% | −0.133% | −0.162% |
All quotes (12)
| Venue | Bid | Ask | Quality | Age | Vol 24h | Flags |
|---|---|---|---|---|---|---|
| AsAster | 722.256 | 722.256 | mark | 6m | $129k | closedno FX |
| BgBitgetCEX | 722.75 | 722.75 | mark | 6m | $468k | closedno FX |
| ByBybitCEX | 722.72 | 722.72 | mark | 6m | $449k | closedno FX |
| GtGateCEX | 722.46 | 722.46 | mark | 6m | $472k | closedno FX |
| GrGRVT | 722.77 | 722.77 | mark | 6m | $456k | closedno FX |
| LiLighter | 721.81 | 721.81 | mark | 6m | $3.1M | closed |
| NaNado | 722.561 | 722.561 | mark | 6m | $31k | closedno FX |
| PmPolymarket | 722.09 | 722.09 | mark | 6m | $22k | closed |
| LrLighter RH | 722.11 | 722.11 | mark | 6m | $7.0M | closed |
| RxRISEx | 721.85 | 721.85 | mark | 6m | $570k | closed |
| RwRWA Perp | 722.3 | 722.3 | mark | 6m | $0 | closed |
| VaVariational | 721.6 | 721.6 | mark | 6m | $762k | closed |
All spreads → · Hatched cells use a mark or mid price, a flagged venue or one outside the default selection.
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