PerpEquitiesReference market
Open- Regular hours
- 09:30 AM – 04:00 PM
- Next holiday
- Nov 26, 2026 · Thanksgiving Day
Equity · Communication services
Meta Platforms, Inc. (META) perpetual futures
META perpetual futures on 33 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.
$721.77-4.8%NASDAQ open
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
34/34 live markets
Trading data
Perpetual market activity
Venues
33
Live markets
34/34
24h volume
$230.6MCoverage: 29/34 marketsExchange-reported volume: $251.7M
Open interest
$139.8MCoverage: 26/34 markets
Best liquidity
$15.1M
Bitunix
Tightest spread
+0.1 bps
MEXC
Highest volume
$82.1M
Binance
Settlement mix
USDT · 18/34
Perp/spot vol.
0.01x
Spot volume $19.9B
OI / float
+0.01%
Float $1.6T
Spot performance
1D-4.79%
5D-4.28%
1M+23.81%
6M+36.12%
YTD+8.41%
1Y-3.74%
Venue matrix
34 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 | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
 Binance | Trade | META/USDT | Trading | $721.82 | +12.4% APR +0.011% every 8h | +0.1 bps | - | $82.1M | $22.7M | USDT | - | |
 Hyperliquid HIP-3 | Trade | xyz:META | Trading | $721.38 | +5.5% APR +0.00063% every 1h | +0.6 bps | $432.5K | $58.7M | $79.5M | USDC | 20x | |
 LBank | Trade | METASTOCK/USDT | Trading | $721.69 | +12.4% APR +0.011% every 8h | +1.5 bps | $4.3M | $20.4M | - | USDT | 50x | |
 Deepcoin | Trade | META/USDT | Trading | $721.77 | - | +1.4 bps | $8K | $12.8M | - | USDT | 25x | |
 XT.com | Trade | METAX/USDT | Trading | $722.20 | +12.4% APR +0.011% every 8h | +2.1 bps | $56.3K | $12.3M | $2.8M | USDT | 10x | |
 OKX | Trade | META/USDT | Trading | $721.85 | +1.9% APR +0.00174% every 8h | +0.6 bps | $392.6K | $8M | $5.5M | USDT | 20x | |
 BingX | Trade | META-USDT | Trading | $721.91 | +26.3% APR +0.024% every 8h | +0.6 bps | $4.9M | $7.1M | - | USDT | - | |
 Bybit | Trade | META/USDT | Trading | $721.73 | +0.8% APR +0.00077% every 8h | +1.2 bps | $545.6K | $5.7M | $7.1M | USDT | 100x | |
 Bitget | Trade | META/USDT | Trading | $721.74 | +27.6% APR +0.025% every 8h | +0.4 bps | $1.4M | $5M | $3.7M | USDT | 100x | |
 Gate.io | Trade | META/USDT | Trading | $722.04 | 0.0% APR 0.000% every 8h | +4.3 bps | - | $4.5M | $1.7M | USDT | 100x | |
 Bitunix | Trade | META/USDT | Trading | $721.77 | +12.6% APR +0.012% every 8h | +1.2 bps | $15.1M | $3M | - | USDT | 50x | |
 Lighter | Trade | META | Trading | $722.21 | +16.6% APR +0.00190% every 1h | +0.1 bps | $1.4M | $2.7M | $2.2M | USDC | - | |
 Ondo Perps | Trade | META/USD | Trading | $721.03 | - | +3.2 bps | $2.4M | $2.7M | $835.6K | USDC | 10x | |
 KuCoin | Trade | META/USDT | Trading | $721.53 | 0.0% APR 0.000% every 8h | +7.2 bps | $33.6K | $2M | $1.6M | USDT | 20x | |
 MEXC | Trade | META/USDT | Trading | $721.81 | +12.4% APR +0.011% every 8h | +0.1 bps | $788.5K | $1.1M | $7.4M | USDT | 100x | |
 Kraken | Trade | PF_METAXUSD | Trading | $721.14 | +30.1% APR +0.00344% every 1h | +4.6 bps | $286.5K | $806.5K | $354.4K | USD | - | |
 BloFin | Trade | META/USDT | Trading | $721.82 | +11.0% APR +0.010% every 8h | +1.9 bps | $1.2M | $466.5K | $315K | USDT | 20x | |
 GRVT | Trade | META/USDT | Trading | $721.94 | +8.1% APR +0.00740% every 8h | +2.1 bps | $492.3K | $369.2K | $9.6K | USDT | - | |
 Backpack | Trade | META/USDC | Trading | $722.18 | +79.1% APR +0.00902% every 1h | +2.5 bps | $195.4K | $266.1K | $204.9K | USDC | 10x | |
 Aster | Trade | METAUSDT | Trading | $722.04 | 0.0% APR 0.000% every 8h | +11.9 bps | $150.2K | $168.3K | $474.5K | USDT | - | |
 HTX | Trade | META/USDT | Trading | $721.99 | - | +5.4 bps | $1.3M | $167.6K | - | USDT | - | |
 Helix (Injective) | Trade | META/USDC | Trading | $721.16 | +24.1% APR +0.00275% every 1h | +15.8 bps | $102.9K | $81K | - | USDC | 30x | |
 Phemex | Trade | META / USDT | Trading | $722.17 | 0.0% APR 0.000% every 4h | +2.9 bps | $40.1K | $46.6K | $1.8M | USDT | 10x | |
 Pacifica | Trade | META/USDC | Trading | $721.67 | +11.0% APR +0.00125% every 1h | +12.7 bps | $346.7K | $27.2K | $6.8K | USDC | 10x | |
 Crypto.com Exchange | Trade | META/USD | Trading | $721.83 | +20.3% APR +0.00232% every 1h | +3.6 bps | $20.6K | $23.2K | $80.9K | USD | 50x | |
 Vest | Trade | META/USDC | Trading | $721.19 | +5.0% APR +0.00057% every 1h | +3.7 bps | $193.7K | $6K | - | USDC | 25x | |
 Orderly Network | Trade | META/USDC | Trading | $721.92 | +11.0% APR +0.010% every 8h | - | - | $180.1 | $2.9K | USDC | - | |
 Paradex | Trade | META/USD | Trading | $721.56 | +6.3% APR +0.00573% every 8h | +6,887.0 bps | $0 | $14.5 | $0 | USDC | 5x | |
 Aevo | Trade | META/USDC | Trading | $721.61 | +11.4% APR +0.00130% every 1h | +12.7 bps | $206.5K | $0 | $259.8 | USDC | 10x | |
 gTrade (Gains) | Trade | META/USD | Trading | $721.72 | - | - | - | - | - | USD | 4x | |
 Ourbit | Trade | META/USDT | Trading | $721.76 | +12.4% APR +0.011% every 8h | +0.1 bps | $3.4M | $6.7M⚠ | $140.6K | USDT | 100x | |
| Aster | Trade | METAUSD1 | Trading | $721.86 | 0.0% APR 0.000% every 8h | +1.7 bps | $228.5K | $5.5M⚠ | $125.6K | USD1 | - | |
 Extended | Trade | META/USD | Trading | $721.58 | +12.3% APR +0.00140% every 1h | +0.7 bps | $321K | $5.4M⚠ | $659.6K | USD | 16.66x | |
 Coinbase International | Trade | META/USDC | Trading | $721.44 | +14.0% APR +0.00160% every 1h | +6.9 bps | - | $3.6M⚠ | $510.9K | USDC | - |
Unverified volume: implausibly high against open interest, a typical sign of wash trading. These venues are listed last.
Tokenized wrappers of the real stock, tradable on-chain and on crypto exchanges around the clock. Premium/discount compares the token price to our stock reference price. Data: CoinMarketCap · Robinhood · DexScreener · GeckoTerminal.
| Product | Price | Premium vs stock | 24h Vol. | Market Cap | Chains |
|---|---|---|---|---|---|
| METAXxStocks | $724.69 | +0.41% | $6.3M | $10.5M | Solana · Arbitrum · BNB Smart Chain (BEP20) · Ink |
| METAonOndo GM | $724.77 | +0.42% | $4.1M | $7.1M | Ethereum · BNB Smart Chain (BEP20) · Solana · HyperEVM |
| METABbStocks | $722.91 | +0.16% | $3.8M | $3.8M | BNB Smart Chain (BEP20) |
| METARobinhood | $723.10 | +0.13% | $3.4M | $8.2M | Robinhood Chain |
| METATokenized | $719.57 | -0.31% | $374k | – | – |
| WMETAXxStocks | $727.06 | +0.73% | $164k | $200k | X Layer · Arbitrum |
| rMETATokenized | $723.78 | +0.28% | $45k | $974k | Arbitrum |
| Exchange | Pair | Price | 24h Vol. | Liquidity |
|---|---|---|---|---|
 uniswapDEX · robinhood | META/USDG ↗ | $723.10 | $2.4M | $4.9M |
 ramsesDEX · robinhood | META/USDG ↗ | $721.44 | $1.0M | $178k |
 raydiumDEX · solana | METAx/USDC ↗ | $723.36 | $799k | $855k |
| bybitCEX | METAX/USDT ↗ | $723.65 | $478k | – |
| gateioCEX | METAON/USDT ↗ | $723.68 | $346k | – |
 pancakeswapDEX · bsc | METAB/USDT ↗ | $721.58 | $327k | $208k |
| gateioCEX | METAX/USDT ↗ | $723.70 | $22k | – |
Tradability
Execution quality
Entry cost and depth per venue at $1k–$100k
Tradability
Execution quality
Entry cost and depth per venue at $1k–$100kBroad liquidity · 26 of 33 venues absorb $10k · Typical cost: +6.3 bps – +11.5 bps
Cheapest execution: Lighter · +0.5 bps
Too thin: Deepcoin
No fresh book data: Binance, Gate.io, Coinbase International, Orderly Network, Paradex, gTrade (Gains)
Taker execution estimate incl. approx. fees - maker fills are not guaranteed.
Best venues for this underlying
Best liquidity
METATightest spread
METAHighest volume
METAFunding history
Stored venue snapshots by market
Funding history
Stored venue snapshots by marketCompany data
Company fundamentals
Updated 3h ago
Company data
Company fundamentals
Market cap
$1.8T
Updated 3h ago
Revenue
$228.2B
Trailing 12 months
Revenue growth
+26%
Next fiscal year
Profit margin
+29.8%
P/E
26.6
Peer P/E 19.4
Free cash flow
$41B
Trailing 12 months
More metrics
Net income
$68.1B
Trailing 12 months
P/S
8.0
Peer P/E
19.4
Similar listed perps
Revenue estimate
$254.2B
Next fiscal year
Earnings
2026-10-28
Revenue est. $63.3B · Updated 3h ago
Dividend
$0.525
2026-09-21
Fundamental detail
Annual + quarterlyLatest revenue$201B
Net margin+30.1%
Free cash flow$46.1B
Net debt$48B
PeriodRevenueGrowthNet incomeFCF
2020$86B+22%$29.1B$23.6B
2021$117.9B+37%$39.4B$39.1B
2022$116.6B-1%$23.2B$19B
2023$134.9B+16%$39.1B$43.8B
2024$164.5B+22%$62.4B$54.1B
2025$201B+22%$60.5B$46.1B
PeriodGross marginOperating marginNet marginROEROA
2020+80.6%+38.0%+33.9%+22.7%+18.3%
2021+80.8%+39.6%+33.4%+31.5%+23.7%
2022+78.3%+24.8%+19.9%+18.5%+12.5%
2023+80.8%+34.7%+29.0%+25.5%+17.0%
2024+81.7%+42.2%+37.9%+34.1%+22.6%
2025+82.0%+41.4%+30.1%+27.8%+16.5%
PeriodCashDebtNet debtCurrent ratio
2020$17.6B$10.7B-$6.9B5.05
2021$16.6B$13.9B-$2.7B3.15
2022$14.7B$26.6B$11.9B2.20
2023$41.9B$37.2B-$4.6B2.67
2024$43.9B$49.1B$5.2B2.98
2025$35.9B$83.9B$48B2.60
PeriodMarket capEnterprise valueP/SP/E
2020$778.8B$771.9B9.126.7
2021$946.8B$944.1B8.024.0
2022$323.4B$335.3B2.813.9
2023$911.1B$906.5B6.823.3
2024$1.5T$1.5T9.023.8
2025$1.7T$1.7T8.327.5
PeriodRevenueGrowthNet incomeFCF
Q3 2024$40.6B+19%$15.7B$16.5B
Q4 2024$48.4B+21%$20.8B$13.6B
Q1 2025$42.3B+16%$16.6B$11.1B
Q2 2025$47.5B+22%$18.3B$9B
Q3 2025$51.2B+26%$2.7B$11.2B
Q4 2025$59.9B+24%$22.8B$14.8B
Q1 2026$56.3B+33%$26.8B$13.2B
Q2 2026$60.8B+28%$15.8B$1.7B
PeriodGross marginOperating marginNet marginROEROA
Q3 2024+81.8%+42.7%+38.7%+9.5%+6.1%
Q4 2024+81.7%+48.3%+43.1%+11.4%+7.5%
Q1 2025+82.1%+41.5%+39.3%+9.0%+5.9%
Q2 2025+82.1%+43.0%+38.6%+9.4%+6.2%
Q3 2025+82.0%+40.1%+5.3%+1.4%+0.9%
Q4 2025+81.8%+41.3%+38.0%+10.5%+6.2%
Q1 2026+81.9%+40.6%+47.5%+11.0%+6.8%
Q2 2026+81.4%+30.9%+26.1%+6.1%+3.5%
PeriodCashDebtNet debtCurrent ratio
Q3 2024$43.9B$49B$5.2B2.73
Q4 2024$43.9B$49.1B$5.2B2.98
Q1 2025$28.8B$49.5B$20.8B2.66
Q2 2025$12B$49.6B$37.6B1.97
Q3 2025$10.2B$51.1B$40.9B1.98
Q4 2025$35.9B$83.9B$48B2.60
Q1 2026$23.4B$86.8B$63.3B2.35
Q2 2026$15.5B$112.3B$96.9B2.23
PeriodMarket capEnterprise valueP/SP/E
Q3 2024$1.4T$1.5T35.723.1
Q4 2024$1.5T$1.5T30.717.8
Q1 2025$1.5T$1.5T34.421.9
Q2 2025$1.9T$1.9T39.125.3
Q3 2025$1.8T$1.9T36.1170.0
Q4 2025$1.7T$1.7T27.818.3
Q1 2026$1.4T$1.5T25.713.5
Q2 2026$1.4T$1.5T23.622.6
Refreshed 3h ago
Charts: revenue, profit, cash flow & valuation
CashDebt
Gross marginOperating marginNet margin
P/EP/S
CashDebt
Gross marginOperating marginNet margin
P/EP/S
Next catalyst
Catalysts
Next catalyst
Catalysts
Earnings
2026-10-28
Revenue est. $63.3B · Updated 3h ago
Dividend
$0.525
2026-09-21
No unusual perp activity right now.
FMP reference data
Market context
FMP reference data
Market context
NASDAQ
After-hours reference
Bid722.75
Ask723.67
Volume4,154,545
Research data
Analysts, filings and peer context
Research data
Analysts, filings and peer context
Estimates
6DateEPS estimateRevenue estimateGrowthAnalysts
FY 202631.18$254.2B+26%41
FY 202734.01$305.7B+52%40
FY 202839.31$360.8B+80%39
FY 202949.28$429.2B+114%36
FY 203054.80$473.1B+135%18
Q1 20298.45$78B+39%12
Company events
62026-10-28EarningsActual - / Estimate 6.77-
2026-09-21Dividend$0.525-
2026-07-29EarningsActual 6.18 / Estimate 7.19Miss
2026-06-15Dividend$0.525-
2026-04-29EarningsActual 10.44 / Estimate 6.7Beat
2026-03-16Dividend$0.525-
Peer comparison
Similar listed perpsRevenue mix
PendingSegment data is not available yet.
Analysts
PendingNo analyst data available yet.
Ownership
META-PERPOwnership data is being populated.
Filings
PendingNo filings available yet.
Transcripts
PendingNo transcripts available yet.
Company news
Reuters, WSJ, Bloomberg and FT first, as far as our news provider delivers them; other publishers behind the second filter. Headlines link to the publisher.No articles from Reuters, WSJ, Bloomberg or FT for this company in our feed.
FMP company data
Company intelligence
Updated: Sep 29, 2026, 11:32 AM UTC
FMP company data
Company intelligence
Company profile
- Sector
- Communication Services
- Industry
- Internet Content & Information
- Chief executive
- Mark Elliot Zuckerberg
- Employees
- 75,472
- IPO date
- May 18, 2012
- Country
- US
- Exchange
- NASDAQ Global Select
Altman Z-scorei7.94
Piotroski scorei5/9
FMP ratingiB+
Owner earningsi$12.25B$4.77 per share
ESG risk ratingiC-Industry rank: 81 out of 82
Rating factors
- Return on equityi
- 5
- Return on assetsi
- 5
- Debt to equityi
- 3
- Price to earningsi
- 2
- Price to booki
- 1
Company press releases
Meta Announces Quarterly Cash DividendPRNewsWireOne Chip, One Datacenter: Meta and Panmnesia Extend Tight Coupling Beyond the Rack with CXL — Published by Invitation from NatureBusiness WireInnovid Expands NIVO with Meta Ads MCP Integration to Bring Connected AI Workflows to Social AdvertisingBusiness WireLanier Law Firm Supports Arkansas AG in Reaching Historic Child-Safety Reform Settlement with MetaBusiness WireMeta's Agreement With Bipartisan Attorneys General: Calling on TikTok and YouTube to Join Us in Supporting TeensPRNewsWireFacebook Outranks Yelp for Automotive Service Reviews Across Every Generation, Alchemer Study FindsBusiness Wire
Congressional disclosures
Senate
Angus Stanley KingSale · $1,001 - $15,000Disclosed: Mar 24, 2026Angus KingSale · $1,001 - $15,000Disclosed: Mar 24, 2026Markwayne MullinPurchase · $50,001 - $100,000Disclosed: Jan 16, 2026Markwayne MullinPurchase · $50,001 - $100,000Disclosed: Jan 16, 2026John BoozmanPurchase · $1,001 - $15,000Disclosed: Dec 8, 2025
House
Gilbert CisnerosSale · $1,001 - $15,000Disclosed: Sep 11, 2026Ro KhannaSale · $1,001 - $15,000Disclosed: Sep 7, 2026Ro KhannaPurchase · $1,001 - $15,000Disclosed: Aug 12, 2026Jared MoskowitzPurchase · $1,001 - $15,000Disclosed: Jul 27, 2026Jared MoskowitzPurchase · $1,001 - $15,000Disclosed: Jul 27, 2026
Market cap history
$1.82T+27.7%Jun 26 – Sep 26
Latest: $1.82T · 2026-09-28High: $1.88T · 2026-09-21Low: $1.42T · 2026-08-24
Largest fund holders
| Fund | Weight | Shares held |
|---|---|---|
| 189400.KS | 1.55% | 16.3T |
| VTI | 1.7% | 69.8M |
| VOO | 1.9% | 58.3M |
| IVV | 2.58% | 29.3M |
| 1657.T | 1.98% | 29.3M |
| XAW.TO | 1.52% | 29.3M |
| XUU.TO | 2.3% | 29.3M |
| XWD.TO | 1.87% | 29.3M |
| 1557.T | 2.47% | 27.2M |
| SPY | 2.48% | 27.1M |
| VUG | 3.38% | 22.8M |
| QQQ | 3.37% | 22.4M |
Analyst track record
How the analysts covering META have done: ratings, price-target accuracy and the measured reaction after their calls.
| 12 months | 3 years | |
|---|---|---|
| Ratings | 392 | 1,131 |
| Analysts | 57 | 71 |
| Buy / hold / sell | 345 / 46 / 1 | 1035 / 83 / 13 |
| Upgrades / downgrades / initiations | 6 / 7 / 3 | 10 / 9 / 13 |
| Price targets hit / missed | 85 / 258 (25%) | 650 / 379 (63%) |
| Avg. return after a rating (TipRanks) | -5.0% | +19.1% |
| Best / worst call | +34.1% / -32.0% | +125.4% / -32.0% |
After buy calls on this stock: median 21-day move +2.7% vs S&P 500 +0.3% (n = 1,015)
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.
- Shweta KhajuriaWolfe Research100% hit rate on this stock · 8 targets measuredBuytarget $700Jul 29, 2026
- Ken GawrelskiWells Fargo96% hit rate on this stock · 23 targets measuredBuytarget $796Sep 21, 2026
- Mark MahaneyEvercore ISI94% hit rate on this stock · 18 targets measuredBuytarget $860Sep 24, 2026
Latest ratings
| Date | Analyst | Call | Target | |
|---|---|---|---|---|
| Sep 29, 2026 | Brian PitzBMO Capital | HoldMaintained | $580 | article ↗ |
| Sep 29, 2026 | Ronald JoseyCiti | BuyReiterated | $800 | article ↗ |
| Sep 28, 2026 | Justin PostBank of America Securities | BuyMaintained | $810 | article ↗ |
| Sep 29, 2026 | Brian PitzBMO Capital | HoldMaintained | $580 | |
| Sep 28, 2026 | Brent ThillJefferies | BuyMaintained | $875 | article ↗ |
Share of analysts per call each month (latest call per analyst within 180 days). Targets and closes in USD.
TipRanks data via FMP · computed Sep 29, 2026 · 392 ratings
Frequently asked questions
Where can I trade META perpetual futures?
Meta Platforms, Inc. (META) perpetual futures trade on 33 crypto venues, including Binance, Hyperliquid HIP-3, LBank. 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 +8.9% annualized (venue median), ranging from 0.0% to +27.6% across 33 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 $721.8 versus a reference stock price of $721.8, a basis of 0.0%. 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
<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>