# META funding rate history — settled payments by exchange

Source: https://orbitperpscreener.com/markets/asset/META/funding · window: last 30 days · generated 2026-09-23T19:05 UTC

What META (Meta Platforms) actually paid over the last 30 days: 7,312 settlements across 26 venues, broken down venue by venue. These are settled payments — the amount an exchange actually charged or credited each funding interval — not the rate currently quoted for the next payment. Phoenix paid the most over the window at +1.3692% of position size.

A funding rate quoted right now is a forecast of the next payment; what a position actually earned is the sum of payments that already settled. Two venues can quote a similar rate and still pay very differently over a month, because they settle on different schedules and compute the rate from their own order book rather than a shared index. The rate was positive in 81% of the 7,312 settlements recorded here, meaning longs paid shorts that often.

Over the window, settled totals ranged from +1.3692% on Phoenix to -0.0242% on BloFin — the gap between them is what a delta-neutral position collecting on both legs would have captured before fees and slippage. Verify the live version of this spread on the ORBIT funding screener before sizing a trade: settled history shows what already happened, not what will happen next.

| Exchange | Settlements | Total paid | Average APR | Largest | Smallest | Last settled |
|---|---:|---:|---:|---:|---:|---|
| Phoenix | 718 | +1.3692% | +16.72% | +0.0099% | -0.0095% | 2026-09-23 18:00 UTC |
| Arcus | 719 | +1.0585% | +12.91% | +0.0127% | -0.0015% | 2026-09-23 18:00 UTC |
| WOOFi Pro | 90 | +0.8991% | +10.95% | +0.0101% | +0.0097% | 2026-09-23 16:00 UTC |
| KuCoin | 90 | +0.7357% | +8.96% | +0.0100% | -0.0286% | 2026-09-23 16:00 UTC |
| Hotcoin | 94 | +0.6393% | +7.45% | +0.0309% | -0.0240% | 2026-09-23 16:00 UTC |
| trade[XYZ] (mirrors hyperliquid) | 719 | +0.5244% | +6.39% | +0.0075% | -0.0104% | 2026-09-23 18:00 UTC |
| Polymarket | 719 | +0.5169% | +6.30% | +0.0051% | -0.0054% | 2026-09-23 18:00 UTC |
| Paradex | 95 | +0.5150% | +5.94% | +0.0174% | -0.0236% | 2026-09-23 16:00 UTC |
| PopDEX | 704 | +0.5053% | +6.29% | +0.0125% | -0.0338% | 2026-09-23 18:00 UTC |
| QFEX | 719 | +0.3491% | +4.26% | +0.0190% | -0.0090% | 2026-09-23 18:00 UTC |
| Ondo | 719 | +0.3352% | +4.09% | +0.0114% | -0.0153% | 2026-09-23 18:00 UTC |
| Lighter Robinhood | 719 | +0.3303% | +4.03% | +0.0041% | +0.0003% | 2026-09-23 18:00 UTC |
| Toobit | 94 | +0.3178% | +3.70% | +0.0548% | -0.0501% | 2026-09-23 16:00 UTC |
| Bitunix | 94 | +0.2342% | +2.73% | +0.0316% | -0.0122% | 2026-09-23 16:00 UTC |
| Bybit | 90 | +0.1897% | +2.31% | +0.0281% | +0.0000% | 2026-09-23 16:00 UTC |
| Pionex | 95 | +0.1850% | +2.13% | +0.0338% | -0.0780% | 2026-09-23 16:00 UTC |
| OKX | 90 | +0.1276% | +1.55% | +0.0306% | +0.0000% | 2026-09-23 16:00 UTC |
| grvt | 95 | +0.1148% | +1.32% | +0.0224% | -0.0206% | 2026-09-23 16:00 UTC |
| MEXC | 90 | +0.1057% | +1.29% | +0.0309% | -0.0782% | 2026-09-23 16:00 UTC |
| Bitget | 90 | +0.0961% | +1.17% | +0.0232% | +0.0000% | 2026-09-23 16:00 UTC |
| WEEX | 90 | +0.0606% | +0.74% | +0.0309% | -0.0240% | 2026-09-23 16:00 UTC |
| Pacifica | 36 | +0.0538% | +13.09% | +0.0100% | +0.0013% | 2026-09-23 18:00 UTC |
| HTX | 93 | +0.0000% | +0.00% | +0.0000% | +0.0000% | 2026-09-23 16:00 UTC |
| Aster | 94 | +0.0000% | +0.00% | +0.0000% | +0.0000% | 2026-09-23 16:00 UTC |
| Gate.io | 62 | -0.0055% | -0.10% | +0.0011% | -0.0066% | 2026-09-23 16:00 UTC |
| BloFin | 94 | -0.0242% | -0.28% | +0.0365% | -0.0248% | 2026-09-23 16:00 UTC |

## FAQ

### Is the META funding rate a live quote or an actual payment?

A funding rate quoted right now is a forecast of the next payment; what a position actually earned is the sum of payments that already settled. Two venues can quote a similar rate and still pay very differently over a month, because they settle on different schedules and compute the rate from their own order book rather than a shared index. The rate was positive in 81% of the 7,312 settlements recorded here.

### Which exchange has paid the most settled META funding recently?

Phoenix paid the most over the last 30 days at +1.3692% of position size across 718 settlements, an average annualized rate of +16.72%. This is a sum of actual payments, not a forecast.

### How often is META funding actually paid?

Over the last 30 days, ORBIT recorded 7,312 funding settlements for META across 26 venues. Settlement schedules differ by venue — some pay hourly, others every 4 or 8 hours — so the number of payments per venue in the table above is not the same for all of them.

### What is the widest settled META funding spread between venues?

Over the last 30 days, settled totals ranged from +1.3692% on Phoenix to -0.0242% on BloFin. That gap is what a position holding both legs — long on the venue that paid least, short on the one that paid most — would have collected before fees and slippage. Check the current spread on the live screener, since settled history describes the past, not the next payment.

Live rates: https://orbitperpscreener.com/markets/asset/META · Screener: https://orbitperpscreener.com/screener
