META Funding Rate — Meta tokenized stock perpetuals across 15 venues
Tokenized stock (xStock) perpetual · compared across 15 venues · net of estimated fees · updated every few minutes
META represents tokenized exposure to Meta shares (a Backed.fi xStock) traded as a perpetual. The perp, its funding and the underlying share are three different things — read the rate with liquidity and the backtest below.
Live annualized META perpetual funding across all 15 venues Perpia tracks. Right now META funding is positive on 9 and negative on 0, ranging from +10.9% on KuCoin to +0.0% on Dreamcash — a spread of 10.9%. The widest delta-neutral trade is long OKX / short KuCoin at 8.1% net APR.
META funding trend & liquidity
168h of historyAverages are historical funding over the window shown. A current rate near the 7-day average may indicate the spread has persisted; a rate far above it is usually a short-lived spike. OI and volume are the smaller (binding) leg of the best pair — the ceiling on tradeable size.
META funding rate by venue
46 pairs scanned| Venue | Funding APR | Interval |
|---|---|---|
| KuCoin↗ | +10.9% | 8h |
| Nado↗ | +8.8% | 24h |
| Paradex↗ | +5.6% | 8h |
| Sodex↗ | +5.5% | 1h |
| Hyperliquid↗ | +5.5% | 1h |
| trade.xyz↗ | +5.5% | 1h |
| Arcus↗ | +4.2% | 1h |
| Lighter↗ | +3.5% | 8h |
| GMTrade↗ | +0.3% | 1h |
| OKX↗ | +0.0% | 8h |
| Bybit↗ | +0.0% | 8h |
| Bitget↗ | +0.0% | 8h |
| Variational↗ | +0.0% | 8h |
| Aster↗ | +0.0% | 8h |
| Dreamcash↗ | +0.0% | 1h |
Rates annualized; updated ~every few minutes from live venue data. Venue names link to that exchange's full funding table; ↗ opens the market on the exchange itself. Every spread between these two venues is on the OKX vs KuCoin page.
Loading META backtest…
META funding — FAQ
Is META funding positive right now?
META perpetual funding is positive on 9 of 15 venues Perpia tracks. The highest is +10.9% on KuCoin; the lowest is +0.0% on Dreamcash.
What is the best META funding arbitrage right now?
Go long OKX and short KuCoin for about 8.1% net APR after fees — the widest delta-neutral META spread Perpia currently sees.
Which exchange has the highest META funding rate?
KuCoin, at +10.9% annualized. Funding shifts continuously, so check the live table above before trading.
How META funding arbitrage works
Funding arbitrage combines opposing positions on two venues — long the one paying the most negative funding, short the one paying the most positive — to reduce directional exposure and capture the difference between their funding payments. Fees, slippage, basis divergence and liquidation risk can reduce the result. See the methodology for how it is measured and the guide for the full walkthrough.
Related tokenized stocks
See the full list on the tokenized stocks hub.