Plasma Funding Rate (XPL)

Compare Plasma perpetual funding rates across exchanges in real time · OI-weighted composite rate · updated every minute

Plasma current price: $0.09295

Rate MatrixHeatmapCumulative Fees

XPL Funding Rate by Exchange

Next settlement --:--:--
#ExchangeFunding RateAPRSettlement IntervalNext SettlementOpen Interest
1Hyperliquid+0.0013%+10.95%1h$52.7M
2Bybit-0.0034%-7.49%4h08:00 UTC$44.1M
3Binance+0.0050%+10.95%4h08:00 UTC$43.8M
4MEXC+0.0050%$19.0M
5WhiteBIT+0.0050%+10.95%4h08:00 UTC$9.8M
6Bitget+0.0050%+10.95%4h$8.3M
7Gate-0.0008%-1.75%4h08:00 UTC$3.1M
8KuCoin+0.0050%+10.95%4h08:00 UTC$2.8M
9Lighter+0.0096%+84.10%1h$1.5M
10Aster+0.0050%+10.95%4h08:00 UTC$0.3M
11Backpack+0.0013%+10.95%1h06:00 UTC$0.2M
12CoinExhighest+0.0255%+27.93%8h16:00 UTC$0.2M
13Kraken+0.0083%$0.1M
14Coinbase-0.0059%-51.68%1h$0.1M
15Bitfinex+0.0000%08:00 UTC$0.0M
16Paradex+0.0097%+10.66%8h$0.0M
17Crypto.com-0.0081%$0.0M
18HTX+0.0050%+10.95%4h08:00 UTC
19BingX+0.0050%08:00 UTC
20Bitunix+0.0050%+10.95%4h08:00 UTC
21LBank+0.0050%08:00 UTC
APR = period rate × (24 / settlement interval) × 365. Shown as — when the exchange's settlement interval is unknown.
Simple Average
+0.0042%
OI-Weighted Rate
+0.0019%
Volume-Weighted Rate
+0.0024%

XPL Funding Rate History

XPL Cumulative Funding Cost

Cumulative settled funding rate by exchange over each window — positive means longs paid shorts (cost of holding a long), negative means shorts paid longs.

Exchange1D7D30D90D
Binance+0.0000%+0.1680%+0.6680%+1.7592%
OKX+0.0100%+0.0500%+0.1550%+0.3050%
Bitget+0.0100%+0.0500%+0.1550%+0.2908%
Gate+0.0100%+0.0500%+0.1550%+0.2298%
Bybit+0.0100%+0.0473%+0.1477%+0.2610%
HTX+0.0000%+0.0000%+0.0000%+0.0350%

About Plasma Funding Rate

What is the XPL funding rate?

The XPL funding rate is a periodic payment between long and short traders on Plasma perpetual futures, designed to keep the contract price anchored to the spot index. When the rate is positive, longs pay shorts; when negative, shorts pay longs. It is the main ongoing cost (or income) of holding a leveraged XPL perpetual position.

What does a positive or negative XPL funding rate mean?

A persistently positive XPL funding rate signals crowded long positioning and bullish sentiment — longs keep paying to stay in the trade. A negative rate signals short-side dominance and bearish sentiment. Extreme funding rates in either direction often indicate an overcrowded trade and raise the risk of a sharp reversal or short squeeze/long squeeze.

What is the current XPL funding rate?

As of now, the XPL funding rate averages 0.0042% across 21 exchanges CoinBoss tracks, and the rate is positive. This figure updates in real time — check the table above for the latest per-exchange breakdown and the OI-weighted composite rate.

Which exchange has the highest XPL funding rate?

Right now coinex shows the highest (or most extreme) XPL funding rate among tracked exchanges, at 0.0255%. Funding rates can vary meaningfully across exchanges due to differences in order-book premium, index price and leverage demand — creating potential funding rate arbitrage opportunities.
Most exchanges settle funding every 8 hours (00:00 / 08:00 / 16:00 UTC). Actual settlement intervals may vary by exchange and contract.