XLM funding rates

XLM perpetual funding is currently quoted across 12 venues, ranging from -15.6% to +17.8% APR. The most reliable delta-neutral pairing for XLM right now is long Phoenix / short Lighter at +19.7% net APR (low risk, ~1.3d to break even).

as of 2026-10-27 15:20 UTC
Best delta-neutral pairing
Long Phoenix / Short Lighter
+19.7% net APR
Backtested (30d)
+17.4%
Stability
98.3%
Risk
low
Breakeven
~1.3d

Ranked by 30-day reliability (backtest × stability × risk) — the spread that holds, not just the widest current rate.

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XLM funding by exchange

ExchangeFunding APR
Kraken+17.81%
Extended+11.39%
Hyperliquid+10.95%
Variational+10.95%
SoDEX+10.95%
PopDEX+10.95%
Aster+10.95%
Grvt+10.95%
Lighter+10.51%
TxFlow+7.17%
dYdX+0.00%
Phoenix-15.62%

Frequently asked

What is the XLM funding rate right now?

XLM perpetual funding ranges from -15.62% to 17.81% APR across 12 exchanges we track; the widest delta-neutral spread is long Phoenix / short Lighter at 19.7% net APR.

Which exchange has the highest XLM funding rate?

Kraken currently has the highest at 17.81% APR. See the full ranking above.