XLM funding rates

XLM perpetual funding is currently quoted across 11 venues, ranging from +0.0% to +11.4% APR. The most reliable delta-neutral pairing for XLM right now is long Phoenix / short Hyperliquid at +3.2% net APR (medium risk, ~5d to break even).

as of 2026-09-12 14:42 UTC
Best delta-neutral pairing
Long Phoenix / Short Hyperliquid
+3.2% net APR
Backtested (30d)
+10.1%
Stability
95.5%
Risk
medium
Breakeven
~5d

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
Extended+11.39%
Hyperliquid+10.95%
Variational+10.95%
Grvt+10.95%
Aster+10.95%
SoDEX+10.95%
Kraken+9.56%
TxFlow+8.53%
dYdX+0.00%
Lighter+0.00%
Phoenix+0.00%

Frequently asked

What is the XLM funding rate right now?

XLM perpetual funding ranges from 0.00% to 11.39% APR across 11 exchanges we track; the widest delta-neutral spread is long Phoenix / short Hyperliquid at 3.2% net APR.

Which exchange has the highest XLM funding rate?

Extended currently has the highest at 11.39% APR. See the full ranking above.