Question 1

Which exchange has the highest MEITUAN funding rate right now?

Accepted Answer

Hotcoin shows the highest MEITUAN funding at +21.92% annualized. A high positive rate means shorts get paid, so this is the venue to short MEITUAN when running a funding-arbitrage pair. Rates change every settlement window — check the live screener for the current value.

Question 2

Which exchange is best to long MEITUAN for funding?

Accepted Answer

WEEX has the lowest MEITUAN funding at -19.94% annualized, which makes the long leg cheapest (or paid). Pair it with the highest-funding venue to capture the spread delta-neutral.

Question 3

What is the best MEITUAN funding-arbitrage pair?

Accepted Answer

The widest spread is long WEEX / short Hotcoin at about 41.9% APR before costs. Verify it in the ORBIT backtester, which subtracts real fees and slippage, before sizing a position.

Question 4

How often does MEITUAN funding settle?

Accepted Answer

MEITUAN funding settles on different schedules by venue (4h, 8h). Longer intervals concentrate the same annualized rate into fewer, larger payments. ORBIT normalizes every venue to a common APR so they are directly comparable.

Question 5

Is MEITUAN funding positive or negative?

Accepted Answer

MEITUAN funding is mixed across venues, ranging -19.94% to +21.92% APR — which is exactly what creates the cross-exchange arbitrage opportunity.

Question 6

What is the current MEITUAN perpetual swap funding rate?

Accepted Answer

The current MEITUAN perpetual swap funding rate ranges from -19.94% to +21.92% annualized depending on the exchange — WEEX is lowest and Hotcoin is highest right now. There is no single MEITUAN funding rate: every venue runs its own funding formula and order book, which is why the rate has to be read by exchange rather than as one number.

Question 7

What is the aggregated MEITUAN funding rate across exchanges?

Accepted Answer

Aggregated across the 13 venues ORBIT tracks, MEITUAN funding currently spans -19.94% to +21.92% APR, a spread of 41.9 percentage points. An aggregated average hides the part that matters for trading — the gap between the cheapest and dearest venue — so the table above lists each exchange separately.

Question 8

How do I read the MEITUAN 8h funding rate versus the annualized rate?

Accepted Answer

Venues that settle MEITUAN every 8 hours quote the per-payment rate, which is charged three times a day. Multiply an 8h rate by 3 to get the daily figure and by 1,095 to annualize it. ORBIT converts every venue — 1h, 4h and 8h alike — to a common APR so an 8h rate and a 1h rate can be compared directly.

Exchange	Funding APR↓	Interval	Open Interest↕	Mark Price↕
HotcoinBest Short	+21.92%	4h	$49K	$9.13
Bitunix	+0.71%	4h	—	$9.13
Bybit	+0.00%	8h	$45K	$9.13
Bitget	+0.00%	8h	$239K	$9.167
Gate.io	+0.00%	8h	$144K	$9.135
HTX	+0.00%	4h	$9K	$9.195
KuCoin	+0.00%	4h	$19K	$9.156
MEXC	+0.00%	4h	$241K	$9.12
Aster	+0.00%	8h	$3K	$9.1255
Toobit	+0.00%	4h	$27K	$9.14
CoinW	+0.00%	4h	—	$9.157
LBank	+0.00%	4h	—	$9.13
WEEXBest Long	-19.94%	4h	$0K	$9.12

MEITUAN Perpetual Swap Funding Rate by Exchange

How MEITUAN funding actually paid this week

Funding Rates by Exchange

Funding Rates by Exchange

MEITUAN funding rates explained

Frequently asked questions