Xpl

Xpl (XPL) — Funding Rates

Perpetual futures funding rates across exchanges

Xpl (XPL) perpetual futures currently show funding across 20 markets, averaging 0.0322% per interval. The highest rate is 0.5000%.

A positive rate means longs pay shorts — a signal of crowded long positioning; a negative rate means shorts pay longs. Use this page to compare funding across venues and spot markets where the annualized rate is attractive.

Markets with Funding
20
Highest Rate
0.5000%
Lowest Rate
-0.0006%
Total Perp Markets
20

Current Funding Rates

ExchangePairFunding RateAnnualized APRIntervalPriceVolume (24h)
OKXXPL/USDT+0.0050%+0.0%8000h · 12:00:00 AM$0.08$169.27M
BinanceXPL/USDT+0.0016%+0.0%8000h · 8:00:00 PM$0.08$22.57M
BlofinXPL/USDT+0.0170%+0.0%8000h · 8:00:00 PM$0.10$17.07M
BybitXPL/USDT+0.0050%+0.0%8000h · 8:00:00 PM$0.08$9.23M
XtXPL/USDT+0.0018%+0.0%8000h$0.08$7.91M
BingxXPL/USDT+0.0050%+0.0%4000h · 8:00:00 PM$0.08$7.06M
MEXCXPL/USDT+0.0016%+0.0%4000h · 8:00:00 PM$0.08$4.32M
WhitebitXPL/USDT+0.0050%+0.0%8000h · 8:00:00 PM$0.08$3.32M
BitgetXPL/USDT+0.0012%+0.0%4000h · 8:00:00 PM$0.08$3.1M
BitunixXPL/USDT+0.0664%+0.1%8000h · 8:00:00 PM$0.08$2.15M
DeepcoinXPL/USDT+0.0000%+0.0%8000h$0.08$1.57M
BtseXPL/USD+0.0050%+0.0%8000h$0.08$1.15M
GateXPL/USDT+0.0050%+0.0%8000h · 12:00:00 AM$0.01$783.32K
LighterXPL/USDC+0.0096%+0.1%1000h · 7:37:04 PM$0.08$597.2K
PionexXPL/USDT+0.0017%+0.0%8000h · 8:00:00 PM$0.08$420.82K
KucoinXPL/USDT+0.0050%+0.0%8000h · 8:00:00 PM$0.08$274.13K
BybitXPL/USDC+0.0050%+0.0%8000h · 8:00:00 PM$0.08$100.24K
GrvtXPL/USDT+0.5000%+0.5%8000h$0.08$86.85K
DeribitXPL/USDC-0.0006%-0.0%8000h$0.08$74.91K
AsterXPL/USDT+0.0027%+0.0%1000h · 8:00:00 PM$0.08$59.03K

Xpl Funding Rate FAQ

What is the XPL funding rate?expand_more
The funding rate is a periodic payment between longs and shorts on perpetual futures markets. A positive rate means longs pay shorts; a negative rate means shorts pay longs. It keeps the perpetual price anchored to spot.
Why is the funding rate positive or negative?expand_more
When most traders are long, funding turns positive to encourage shorts; when the crowd is short, funding turns negative to encourage longs. Extreme values often signal crowded positioning and potential reversals.
How is APR calculated from the funding rate?expand_more
APR annualizes the rate using the funding interval: rate × (24h / interval hours) × 365. For example, a 0.01% rate paid every 8 hours annualizes to roughly 10.95%.
When is funding paid on XPL perpetuals?expand_more
Most exchanges settle funding every 8 hours (00:00, 08:00, 16:00 UTC), though some venues use 4-hour or 1-hour intervals. The exact next settlement time is shown next to each market on this page.
What is considered a high funding rate?expand_more
Sustained funding above 0.05-0.1% per interval is elevated and indicates strong directional crowding. Funding arbitrage traders typically look for markets where the annualized rate exceeds holding costs.