XPL funding rates

XPL perpetual funding is currently quoted across 15 venues, ranging from -48.5% to +122.8% APR. The most reliable delta-neutral pairing for XPL right now is long Hyena / short Kraken at +23.9% net APR (high risk, ~1.9d to break even).

as of 2026-06-14 06:01 UTC
Best delta-neutral pairing
Long Hyena / Short Kraken
+23.9% net APR
Backtested (30d)
+25.3%
Stability
81.6%
Risk
high
Breakeven
~1.9d

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
Kraken+122.82%
Hyena+44.96%
Hyperliquid+10.95%
Pacifica+10.95%
Variational+10.95%
Grvt+10.95%
Aster+10.95%
Nado+10.95%
Lighter+10.51%
dYdX+0.00%
Decibel-1.75%
01xyz-3.50%
EdgeX-9.89%
Extended-13.14%
Paradex-48.55%

Frequently asked

What is the XPL funding rate right now?

XPL perpetual funding ranges from -48.55% to 122.82% APR across 15 exchanges we track; the widest delta-neutral spread is long Hyena / short Kraken at 23.9% net APR.

Which exchange has the highest XPL funding rate?

Kraken currently has the highest at 122.82% APR. See the full ranking above.