XPL$0.08238-1.93%Market Cap$228.74M
Circulating Supply2,777,777,778
Total Supply10,000,000,000
WebsiteWebsiteWhitepaper
Explorers
XPL$0.08238-1.93%Open Interest-6.45%$157.89M
Futures Volume+30.39%$123.26M
Liquidation+738.32%$459.10K
Long Liquidation+1568.88%$445.79K
Short Liquidation-69.90%$13.31K
XPL Long/Short All0.841
Binance Long/Short0.943
OKX Long/Short0.860
Bybit Long/Short0.800
Hyperliquid Long/Short0.752
Funding Rate
XPL OI-Weighted (4h)+0.0042%
Binance XPL/USDT (4h)+0.0050%
OKX XPL/USDT (4h)+0.0050%
Bybit XPL/USDT (4h)+0.0050%
Hyperliquid XPL/USD (1h)+0.0013%
Current FundingA funding rate is a periodic payment exchanged directly between long and short traders in perpetual futures. Learn more →+0.0084%
Annualized · APR+9.20%
Next Funding—
Funding Accum · 1D—
XPL Funding Rate Chart · Perpetual · Aggregated
Funding Rate · per 8hpositive · longs pay shortsnegative · shorts pay longsXPL price
Loading…
View XPL liquidation heatmap →Where leveraged longs and shorts get liquidated · Binance, Bybit, OKX, Hyperliquid and more
Exchanges XPL Funding Rates
| Exchanges | Funding Rate | APR | 1D Accumulated | Next Funding | Interval | |
|---|---|---|---|---|---|---|
| ΣOI-Weighted | +0.0084% | — | — | — | — | |
| HHyperliquid | +0.0013% | +10.95% | +0.0300% | 00:30:37 | 1h | |
| BBybit | +0.0050% | +10.95% | +0.0103% | 00:30:37 | 4h | Trade |
| BBinance | +0.0050% | +10.95% | +0.0236% | 00:30:37 | 4h | Trade |
| MMEXC | +0.0050% | +10.95% | +0.0237% | 00:30:37 | 4h | Trade |
| OOKX | +0.0050% | +10.95% | +0.0125% | 00:30:37 | 4h | Trade |
| WWhiteBIT | +0.0050% | +10.95% | +0.0300% | 00:30:37 | 4h | |
| BBitget | -0.0045% | -9.85% | +0.0181% | 00:30:37 | 4h | Trade |
| LLighter | -0.0008% | -7.01% | -0.0846% | 00:30:37 | 1h | |
| BBingX | +0.0050% | +10.95% | +0.0292% | 00:30:37 | 4h | |
| KKuCoin | +0.0050% | +10.95% | +0.0300% | 00:30:37 | 4h | Trade |
| GGate | -0.0004% | -0.88% | -0.0496% | 00:30:37 | 4h | Trade |
| AAster | +0.0050% | +10.95% | +0.0300% | 00:30:37 | 4h | |
| HHTX | +0.0188% | +20.54% | +0.0480% | — | — | Trade |
| CCoinbase | -0.0123% | -107.75% | -0.2395% | 00:30:37 | 1h | |
| KKraken | -0.0109% | -95.74% | +0.0298% | 00:30:37 | 1h | |
| CCrypto.com | +0.0012% | +10.67% | +0.0315% | 00:30:37 | 1h |
Rates are per settlement interval (1h/4h/8h depending on exchange) and APR annualizes the current rate at that interval. The Accumulated column sums the rate at each settlement over the selected window (1Y uses exchange-reported yearly accumulation). Live rates update about every 10 seconds.
How to read the colors: funding reflects positioning and the cost of leverage, not price direction. Funding is the fee longs pay shorts (negative means shorts pay longs). Green = funding below the neutral baseline (~0.01% per 8h): holding longs is cheap and the market is not crowded long. Gray = the neutral zone around baseline. Red = elevated funding: longs are crowded and paying up, with deeper red meaning a more extreme premium. The Accumulated column is colored by its per-settlement average, so it reads on the same scale as the live rate. Green funding while price falls = no euphoria and longs are cheap to hold — often a constructive contrarian signal. Red funding while price rises = crowded leveraged longs paying high fees — a setup vulnerable to long squeezes.
The current XPL USDT perpetual funding rate (4h, OI-weighted) is +0.0084%, meaning longs are paying shorts right now. Across the 16 exchanges reporting a rate, it ranges from -0.0123% on Coinbase to +0.0188% on HTX — a spread that shows how positioning differs venue by venue. A positive rate is typical when perpetual contracts trade at or above the spot price and long positioning dominates. Learn more about how funding rates work →
See the live funding rate matrix for every exchange →
About XPL funding rates
The Plasma funding rate (XPL funding rate) is the periodic payment exchanged between longs and shorts on XPL perpetual futures. This page charts the OI-weighted Plasma perpetual funding rate (XPL perpetual funding rate) against price, plus each exchange's current rate, accumulated funding from one day out to one year, and the countdown to its next settlement.
The headline rate weights every venue by its share of XPL open interest, so large markets move the aggregate more than small ones. Venues reporting no data are excluded and figures refresh continuously.
Frequently asked questions
What is the XPL funding rate right now?
On an OI-weighted basis, XPL funding currently sits at +0.0084% — traders holding longs pay shorts until the next settlement (settled every 4 hours on most venues).
Which exchange has the highest XPL funding rate?
HTX currently prints the highest XPL rate at +0.0188%; Coinbase sits lowest at -0.0123%. Every venue's current and accumulated rate is listed in the table below.
How often is XPL funding settled?
Settlement schedules differ by venue — from every hour to every 4 hours. The countdown to each exchange's next settlement runs in the table below.
BCH
XMR
AVAX
FIL
INJ
GRAM