Live Meteora (MET) Perpetual Futures Price
Meteora (MET) perpetual futures (perps) trade 24/7 on Phoenix, a fully on-chain order book exchange on Solana. As of October 26, 2026, MET trades at $0.31396 with $7,799 in open interest. Fees are 0.035% taker and 0.005% maker, and you can use USDC or SOL as collateral.
- Oracle price
- $0.3142
- 24h high
- $0.32136
- 24h low
- $0.2947
- 24h volume
- $7,256
- Open interest
- $7,799
- 1h funding
- -0.0030%
MET mark price, last 24 hours
MET contract specifications
- Contract type
- Perpetual futures, no expiry
- Margin and settlement
- USDC
- Maximum leverage
- 5x
- Margin mode
- Cross or isolated
- Taker fee
- 0.035%
- Maker fee
- 0.005%
- Trading hours
- 24/7
MET trades 24/7. Parameters are set per market and can change. See all market parameters
MET funding rate
- 1 hour
- -0.0030%
- 8 hours
- -0.0238%
- Annualized
- -26.10%
The rate is negative: traders holding short MET positions pay traders holding long positions. Funding settles every hour. The 8-hour and annualized figures extend the current hourly rate and are not forecasts.
Open interest is the notional value of MET positions still open on Phoenix. 24h volume is the notional value traded over the last 24 hours.
MET perpetuals questions
What is the MET perpetual price right now?
The Meteora perpetual price on Phoenix is $0.31396, a change of +4.22% over the last 24 hours. It's the mark price of the MET perpetual, which can differ slightly from Meteora prices quoted elsewhere.
Can I trade MET perpetuals on Solana?
Yes. MET perpetuals trade on Phoenix, a fully on-chain perpetuals exchange on Solana. Connect a Solana wallet or sign in with email, deposit USDC or SOL, and trade MET 24/7.
What is the MET funding rate right now?
The MET funding rate on Phoenix is -0.0030% per hour, or -26.10% annualized. A positive rate means longs pay shorts, and a negative rate means shorts pay longs. Funding settles every hour.
What is MET open interest on Phoenix?
MET open interest on Phoenix is $7,799, with $7,256 traded over the last 24 hours.
What are the fees to trade MET perpetuals?
Trading MET perpetuals (perps) on Phoenix costs 0.035% for taker orders and 0.005% for maker orders, based on matched notional.
Can I use SOL as collateral to trade MET?
Yes. Phoenix accepts USDC and native SOL as collateral, and SOL counts toward margin at up to 80% of its value, so you can trade MET without selling your SOL. Profit and loss settle in USDC.
Do MET perpetuals expire?
No. MET perpetuals have no expiry date. A position stays open until you close it or it is liquidated, unless the market itself is settled or delisted under its listing terms.
How does Phoenix decide MET liquidations?
Phoenix uses the mark price, not the last trade, to check account health and trigger MET liquidations. The mark price is the median of an adjusted oracle price, the Phoenix order book price and perpetual prices on major external exchanges, which reduces the risk of liquidations caused by a brief spike on a single venue.
Where can I see MET order book depth and price history?
The MET trade screen on Phoenix shows the live order book, recent trades and an interactive chart. Developers can stream the same data through the Phoenix API, the Rise SDK and the Vulcan CLI.