PerpEquities

Equity · Communication services

Meta Platforms, Inc. (META) perpetual futures

META perpetual futures on 32 crypto exchanges – live perp price vs the stock, funding rate, open interest and where to trade METAUSDT.

Meta Platforms develops technology products enabling global connection and sharing across multiple digital platforms, including Facebook, Instagram, Messenger, WhatsApp, and Reality Labs for augmented and virtual reality.

$630.15+1.1%NASDAQ open
Open in terminal

Price chart

Interactive TradingView chart

TradingView symbol NASDAQ:META

Loads TradingView's third-party widget (about 1 MB) on demand.

Auto: underlying reference priceOpen in TradingView

Trading data

Perpetual market activity

33/33 live markets
Venues
32
Live markets
33/33
24h volume
$123.2MCoverage: 28/33 marketsExchange-reported volume: $149.1M
Open interest
$110.9MCoverage: 29/33 markets
Best liquidity
$17.1M
Bitunix
Tightest spread
+0.2 bps
Ourbit
Highest volume
$52M
Binance
Settlement mix
USDT · 18/33
Perp/spot vol.
0.02x
Spot volume $6.5B
OI / float
+0.01%
Float $1.4T
Spot performance
1D-0.82%
5D+2.68%
1M-16.06%
6M+3.42%
YTD-5.53%
1Y+2.40%

Venue matrix

33 markets

Some venue links are sponsored. We may receive a commission, and eligible users may occasionally receive trading-fee discounts, at no additional cost to you.

Trade
BinanceTradeMETA/USDTTrading$630.04+14.7% APR
+0.013% every 8h
+0.2 bps-$52M$25.8MUSDT-
Hyperliquid HIP-3Tradexyz:METATrading$629.19+5.5% APR
+0.00063% every 1h
+1.0 bps-$28.6M$48.6MUSDC20x
LighterTradeMETATrading$628.67+3.5% APR
+0.00040% every 1h
+1.6 bps$2.9M$8.5M$4MUSDC-
OKXTradeMETA/USDTTrading$630.090.0% APR
0.000% every 8h
+3.0 bps$1.8M$5.7M$4.2MUSDT20x
BitgetTradeMETA/USDTTrading$629.940.0% APR
0.000% every 8h
+0.2 bps-$3.6M$4.3MUSDT100x
Gate.ioTradeMETA/USDTTrading$629.860.0% APR
0.000% every 8h
+2.2 bps$544.6K$3.1M$1.7MUSDT100x
BybitTradeMETA/USDTTrading$629.97+7.7% APR
+0.00708% every 8h
+1.9 bps$1M$3M$6.7MUSDT100x
AsterTradeMETAUSD1Trading$630.580.0% APR
0.000% every 8h
+4.6 bps$137.9K$2.5M$3.5MUSD1-
MEXCTradeMETA/USDTTrading$629.92+14.7% APR
+0.013% every 8h
+0.2 bps$1.7M$1.9M$5.8MUSDT100x
KuCoinTradeMETA/USDTTrading$629.390.0% APR
0.000% every 8h
+10.1 bps$50.5K$945.9K$1.3MUSDT20x
KrakenTradePF_METAXUSDTrading$629.17+19.7% APR
+0.00225% every 1h
+5.0 bps$644.1K$787.7K$493.9KUSD-
OurbitTradeMETA/USDTTrading$629.95+14.7% APR
+0.013% every 8h
+0.2 bps$3.2M$558.5K$227.9KUSDT100x
BackpackTradeMETA/USDCTrading$629.35+5.5% APR
+0.00063% every 1h
+1.8 bps$287.6K$529.6K$394.6KUSDC10x
PhemexTradeMETA / USDTTrading$630.000.0% APR
0.000% every 4h
+4.2 bps-$516.6K$441.7KUSDT10x
BloFinTradeMETA/USDTTrading$630.03+13.1% APR
+0.012% every 8h
+0.3 bps-$471.6K$520.2KUSDT20x
GRVTTradeMETA/USDTTrading$630.02+6.8% APR
+0.00620% every 8h
+5.1 bps$541.4K$387.1K$13.2KUSDT-
AsterTradeMETAUSDTTrading$629.700.0% APR
0.000% every 8h
+0.6 bps$313.6K$383.9K$405KUSDT-
VestTradeMETA/USDCTrading$629.07+5.0% APR
+0.00057% every 1h
+5.1 bps-$192.6K-USDC25x
Helix (Injective)TradeMETA/USDCTrading$629.27+3.6% APR
+0.00042% every 1h
+38.9 bps$90.4K$122.8K-USDC30x
Crypto.com ExchangeTradeMETA/USDTrading$628.60+35.2% APR
+0.00402% every 1h
+3.0 bps$12.9K$89.5K$86.1KUSD50x
HTXTradeMETA/USDTTrading$629.62+33.3% APR
+0.030% every 8h
+34.3 bps$1.3M$89.1K$100.3KUSDT-
PacificaTradeMETA/USDCTrading$629.64+11.0% APR
+0.00125% every 1h
+7.4 bps-$53.5K$87.7KUSDC10x
ExtendedTradeMETA/USDTrading$629.44+14.9% APR
+0.00170% every 1h
+1.3 bps-$27.4K$560.7KUSD20x
Orderly NetworkTradeMETA/USDCTrading$629.55+11.0% APR
+0.010% every 8h
-no public depth feed$13.5K$1.9KUSDC-
AevoTradeMETA/USDCTrading$629.67+11.4% APR
+0.00130% every 1h
+15.2 bps$203.8K$0$226.7USDC10x
ParadexTradeMETA/USDTrading$629.62+6.0% APR
+0.00545% every 8h
+13,068.6 bps$0$0$0USDC5x
XT.comTradeMETAX/USDTTrading$629.88+15.3% APR
+0.014% every 8h
+2.1 bps$230.7K$7.8M-USDT10x
BingXTradeMETA-USDTTrading$630.04+15.4% APR
+0.014% every 8h
+0.5 bps$6.7M$1.3M-USDT-
DeepcoinTradeMETA/USDTTrading$630.02-+0.3 bps-$9.4M⚠$2.8KUSDT25x
LBankTradeMETASTOCK/USDTTrading$629.92+14.7% APR
+0.013% every 8h
+0.2 bps$9M$7.1M⚠$121.5KUSDT50x
Ondo PerpsTradeMETA/USDTrading$629.12-+2.7 bps$3.5M$4.6M⚠$801.4KUSDC10x
DeribitTradeMETA/USDCTrading$629.42+14.7% APR
+0.013% every 8h
+1.3 bps$1.8M$3.2M⚠$589.8KUSDC10x
BitunixTradeMETA/USDTTrading$630.15+19.5% APR
+0.018% every 8h
+1.1 bps$17.1M$1.8M⚠$223KUSDT100x

Unverified volume: implausibly high against open interest, a typical sign of wash trading. These venues are listed last.

Tradability

Execution quality

Entry cost and depth per venue at $1k–$100k

Broad liquidity · 23 of 32 venues absorb $10k · Typical cost: +6.3 bps – +11.8 bps

Cheapest execution: Lighter · +1.1 bps

Too thin: Deepcoin

No fresh book data: Binance, Hyperliquid HIP-3, BloFin, Vest, Pacifica, Extended, Orderly Network, Paradex

Taker execution estimate incl. approx. fees - maker fills are not guaranteed.

Best venues for this underlying

Best liquidity

META

Tightest spread

META

Highest volume

META

Funding history

Stored venue snapshots by market

Company financials

Financials at a glance

Last report Q3 '26 · filed 2026-10-22 · next report 2027-01-27 · Updated 4h ago
All financials →

Valuation & key figures

Market cap
$1.59T
Updated 4h ago
Revenue
$242B
Trailing 12 months
Revenue growth
+28%
FY2026 consensus
Profit margin
31.1%
Net income / revenue, TTM
P/E
21.5×
Forward 21.6× (FY2026)
P/S
6.6×
Price / sales, TTM
Peer P/E
17.1×
Similar listed perps
EV / EBITDA
16.4×
TTM
Free cash flow
$28.7B
Trailing 12 months
Net income
$75.2B
Trailing 12 months
Revenue estimate
$257B
FY2026 consensus
Earnings
2027-01-27
Revenue est. $75B · Updated 4h ago
Dividend
$0.53
Per payment · 2026-09-21
Revenue (TTM)$242B+27.5% vs a year agoLast 4 quarters; bars = each quarter
Operating margin (TTM)32.9%-10.4 pp vs a year agoOperating income $79.4B
Net income (TTM)$75.2B+28.6% vs a year agoAfter tax, incl. non-operating gains
Free cash flow (TTM)$28.7B-36.1% vs a year agoCapex $104B
Diluted EPS (TTM)$29.32+29.5% vs a year agoSum of the last 4 quarters
Net cash-$29.6B-348.4% vs a year agoCash + short-term investments - debt
  • Last report (2026-10-21): revenue beat by 2.0%, EPS beat by 13.1%Revenue $64.6B vs $63.3B expected (+2.0%); EPS $7.40 vs $6.54 (+13.1%).
  • Revenue growth slowing: 26.1% year on yearQ3 '26 revenue $64.6B, against an average of 27.8% over the four quarters before.
  • Operating margin 32.9% (TTM), -10.4 pp on a year agoOperating income grew -3.1% while revenue grew 27.5%.
  • Capex 43.2% of revenue (a year ago 33.1%)$104B invested in the last 4 quarters (+66.5% on a year earlier). Free cash flow $28.7B = 38.1% of net income.

Revenue, operating income and growth

quarterly

Segments in Q3 '26

from the filing
SegmentRevenuey/yOp. incomeMargin
Family Of Apps$64.2B+26.4%$17.1B26.7%
Reality Labs$443M-5.7%-$4.13B-932.1%
In the full financialsIncome statement, balance sheet and cash flow (12 quarters / 10 years) · margins and cost structure · capital allocation and buybacks · valuation against the 5-year range · analyst estimates · all 271 lines Meta Platforms, Inc. reported to the SEC

Next catalyst

Catalysts

Earnings
2027-01-27
Revenue est. $75B · Updated 4h ago
Dividend
$0.53
2026-09-21

No unusual perp activity right now.

Reference data

Market context

Reference market

Open
NASDAQ
Regular hours
09:30 AM – 04:00 PM EST
Next holiday
Nov 26, 2026 · Thanksgiving Day

Extended-hours reference

Bid625.76
Ask626.08
Volume4,667,649

Research data

Analysts, filings and peer context

Estimates

6
DateEPS estimateRevenue estimateGrowthAnalysts
FY 202629.08$256.7B+28%42
FY 202734.19$312.8B+22%43
FY 202840.07$372.5B+19%41
FY 202949.14$434.2B+17%19
FY 203055.82$486.3B+12%38
Q1 20298.45$78B+39%8
Source: FMP · Consensus

Company events

6
2027-01-27EarningsActual - / Estimate 8.38-
2026-10-21Earnings · After market closeActual 7.40 / Estimate 6.54Beat
2026-09-21Dividend$0.525-
2026-07-29EarningsActual 6.18 / Estimate 7.19Miss
2026-06-15Dividend$0.525-
2026-04-29EarningsActual 10.44 / Estimate 6.70Beat

Peer comparison

Similar listed perps

Company data

Company intelligence

Updated: Nov 13, 2026, 03:37 PM UTC

Company profile

Sector
Communication Services
Industry
Internet Content & Information
Chief executive
Mark Elliot Zuckerberg
Employees
66,775
IPO date
May 18, 2012
Country
US
Exchange
NASDAQ Global Select
Website
Altman Z-scorei6.37
Piotroski scorei4/9
Overall ratingiB+
Owner earningsi$9.41B$3.66 per share
ESG risk ratingiC-Industry rank: 81/82

Rating factors

Return on equityi
5/5
Return on assetsi
5/5
Debt to equityi
3/5
Price to earningsi
1/5
Price to booki
1/5
Market cap history
$1.59T+5.2%Aug 2026 – Nov 2026
$1.42T$1.66T$1.89THigh: $1.89T · 2026-10-12Low: $1.42T · 2026-08-24Latest: $1.59T · 2026-11-12Aug 2026Sep 2026Oct 2026Nov 2026
Latest: $1.59T · 2026-11-12High: $1.89T · 2026-10-12Low: $1.42T · 2026-08-24
Largest fund holders
FundWeightShares held
189400.KS1.32%13.3T
VTI2.18%70M
VOO2.43%57.9M
FXAIX2.42%32.4M
IVV2.18%29.6M
1657.T1.67%29.6M
XAW.TO1.29%29.6M
XUU.TO1.94%29.6M
XWD.TO1.57%29.6M
SPY2.18%27M
QQQ3.17%22.9M
VUG4.23%22.9M

Analyst track record

How the analysts covering META have done: ratings, price-target accuracy and the measured reaction after their calls.

12 months3 years
Ratings4151,142
Analysts5873
Buy / hold / sell364 / 51 / 01,036 / 93 / 13
Upgrades / downgrades / initiations6 / 3 / 39 / 9 / 13
Price targets hit / missed10 / 356 (3%)270 / 768 (26%)
Avg. return after a rating (TipRanks)-23.7%-10.4%
Best / worst call+7.5% / -45.5%+75.7% / -45.5%

After buy calls on this stock: median 21-day move +2.0% vs S&P 500 0.0% (n = 1,060)

Most accurate on this stock

Share of an analyst's price targets on this stock that the price reached within 12 months (our measurement over the last 3 years, at least 8 targets). It describes past calls, not the odds of the current one.

  1. Shweta KhajuriaWolfe Research100% hit rate on this stock · 8 targets measuredBuytarget $700Jul 29, 2026
  2. Colin SebastianRobert W. Baird91% hit rate on this stock · 11 targets measuredBuytarget $750Jul 30, 2026
  3. Sachin MittalDBS88% hit rate on this stock · 16 targets measuredBuytarget $883Sep 29, 2026

Latest ratings

DateAnalystCallTarget
Nov 9, 2026Doug AnmuthJ.P. MorganNov 9, 2026BuyMaintained$940↗
Nov 6, 2026Mark ShmulikBernsteinNov 6, 2026BuyMaintained$850↗
Oct 28, 2026John BlackledgeTD CowenOct 28, 2026BuyMaintained$850↗
Oct 27, 2026Justin PostBank of America SecuritiesOct 27, 2026BuyMaintained–↗
Oct 27, 2026Nat SchindlerScotiabankOct 27, 2026HoldMaintained$650↗
Consensus over the last 12 months buy hold sell avg. target month-end close
Monthly buy, hold and sell shares of analyst ratings with the average price target and the month-end close$550$600$650$700$750$800$850Dec 25 · Buy 43 · Hold 9 · Sell 1Dec 25Jan 26 · Buy 42 · Hold 9 · Sell 1Feb 26 · Buy 43 · Hold 6 · Sell 1Feb 26Mar 26 · Buy 44 · Hold 6 · Sell 1Apr 26 · Buy 43 · Hold 7 · Sell 0Apr 26May 26 · Buy 42 · Hold 7 · Sell 0Jun 26 · Buy 43 · Hold 6 · Sell 0Jun 26Jul 26 · Buy 45 · Hold 6 · Sell 0Aug 26 · Buy 43 · Hold 7 · Sell 0Aug 26Sep 26 · Buy 43 · Hold 6 · Sell 0Oct 26 · Buy 42 · Hold 6 · Sell 0Oct 26Nov 26 · Buy 42 · Hold 6 · Sell 0Dec 25 · avg. target $841Jan 26 · avg. target $859Feb 26 · avg. target $860Mar 26 · avg. target $860Apr 26 · avg. target $839May 26 · avg. target $832Jun 26 · avg. target $834Jul 26 · avg. target $775Aug 26 · avg. target $766Sep 26 · avg. target $804Oct 26 · avg. target $851Nov 26 · avg. target $852Dec 25 · month-end close $660Jan 26 · month-end close $717Feb 26 · month-end close $648Mar 26 · month-end close $572Apr 26 · month-end close $612May 26 · month-end close $633Jun 26 · month-end close $563Jul 26 · month-end close $557Aug 26 · month-end close $572Sep 26 · month-end close $725Oct 26 · month-end close $615Nov 26 · month-end close $610

Share of analysts per call each month (latest call per analyst within 180 days). Targets and closes in USD.

TipRanks data · computed Nov 13, 2026 · 415 ratings

Frequently asked questions

Where can I trade META perpetual futures?

Meta Platforms, Inc. (META) perpetual futures trade on 32 crypto venues, including Binance, Hyperliquid HIP-3, Deepcoin. PerpEquities compares them by live price, funding rate, open interest and liquidity.

Can I trade META around the clock?

Yes. Unlike the underlying stock, META perpetuals trade 24/7 — including weekends and outside regular market hours.

What is the funding rate on META perpetuals?

Right now the META perp funding rate is +3.5% annualized (venue median), ranging from 0.0% to +14.7% across 32 venues. A positive rate means longs pay shorts. PerpEquities shows the live rate and its history for every venue.

How does the META perp price compare to the Meta Platforms, Inc. stock?

The venue-median META perp mark is $629.8 versus a reference stock price of $630.2, a basis of -0.1%. Perps follow the stock through an index price; the gap widens when funding or liquidity diverge between venues.

What is a META perpetual future?

A META perpetual is a derivative that tracks the price of Meta Platforms, Inc. with no expiry date. It lets you take long or short exposure to Meta Platforms, Inc. on crypto venues, around the clock.

What is METAUSDT perpetual?

METAUSDT is the symbol most crypto exchanges use for the Meta Platforms, Inc. perpetual settled in USDT (Tether). It tracks the META share price through an index, trades 24/7 with leverage and never expires.

Embed this asset

META perpetuals · perpequities.comMETA perpetuals · perpequities.com
<a href="https://perpequities.com/stocks/meta-perp"><img src="https://perpequities.com/badge/meta-perp.svg" width="240" height="64" alt="META perpetuals · perpequities.com" loading="lazy"></a>

Next step

Stay on top of META perps

Signals with a track record

Analysts who hit 70%+ of their targets on the perps we track, congress buys over $500k, 13F positions over $5M, funding spreads that have paid for days. Every post shows the evidence. Free, no sign-up.

Join on Telegram

Weekly digest by email

The listings, funding and moves that matter for META — one email every Sunday.

Watchlist and alerts

Price and funding alerts for META, via push or Telegram.

Set an alert

Follow the live feed

Daily movers, new listings and funding extremes as they happen.

Follow on X