XPL funding rates

XPL perpetual funding is currently quoted across 18 venues, ranging from -74.5% to +21.4% APR. The most reliable delta-neutral pairing for XPL right now is long TxFlow / short Extended at +80.1% net APR (medium risk, ~0.5d to break even).

as of 2026-09-12 18:39 UTC
Best delta-neutral pairing
Long TxFlow / Short Extended
+80.1% net APR
Backtested (30d)
+39.4%
Stability
95.7%
Risk
medium
Breakeven
~0.5d

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

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XPL funding by exchange

ExchangeFunding APR
Phoenix+21.45%
Extended+11.39%
Hyperliquid+10.95%
Pacifica+10.95%
Variational+10.95%
Bulk+10.95%
Grvt+10.95%
SoDEX+10.95%
Kraken+3.89%
Polymarket+3.79%
dYdX+0.00%
Aster-7.38%
Nado-7.57%
Paradex-9.40%
Lighter-26.28%
n1xyz-40.30%
Decibel-45.55%
TxFlow-74.55%

Frequently asked

What is the XPL funding rate right now?

XPL perpetual funding ranges from -74.55% to 21.45% APR across 18 exchanges we track; the widest delta-neutral spread is long TxFlow / short Extended at 80.1% net APR.

Which exchange has the highest XPL funding rate?

Phoenix currently has the highest at 21.45% APR. See the full ranking above.