XPL Funding Rate (Plasma)

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

Plasma current price: $0.08389

Rate MatrixHeatmapCumulative Fees

XPL Funding Rate by Exchange

Next settlement --:--:--
#ExchangeFunding RateAPRSettlement IntervalNext SettlementOpen Interest
1Binance+0.0050%+10.95%4h04:00 UTC$32.0M
2Hyperliquid+0.0013%+10.95%1h$30.5M
3Bybit-0.0030%-6.67%4h04:00 UTC$22.2M
4WhiteBIT+0.0050%+10.95%4h04:00 UTC$7.1M
5Bitget+0.0050%+10.95%4h$5.6M
6MEXC+0.0050%$4.0M
7KuCoin+0.0034%+7.45%4h04:00 UTC$1.0M
8Lighter+0.0096%+84.10%1h$0.9M
9Gate+0.0050%+10.95%4h04:00 UTC$0.8M
10Aster+0.0050%+10.95%4h04:00 UTC$0.2M
11Backpack+0.0013%+10.95%1h01:00 UTC$0.2M
12CoinEx+0.0000%+0.00%8h16:00 UTC$0.2M
13Coinbase+0.0028%+24.53%1h$0.1M
14Kraken-0.0133%$0.1M
15Paradex-0.0102%-11.14%8h$0.0M
16Crypto.com-0.0091%$0.0M
17edgeX+0.0000%+0.00%4h04:00 UTC$0.0M
18Bitfinexhighest-0.0180%08:00 UTC$0.0M
19HTX+0.0050%+10.95%4h04:00 UTC
20BingX+0.0050%04:00 UTC
21Bitunix-0.0050%-10.95%4h04:00 UTC
22LBank+0.0050%04:00 UTC
APR = period rate × (24 / settlement interval) × 365. Shown as — when the exchange's settlement interval is unknown.
Simple Average
+0.0002%
OI-Weighted Rate
+0.0022%
Volume-Weighted Rate
+0.0027%

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%+0.0501%+0.5365%+1.0645%
OKX+0.0000%+0.0000%+0.1500%+0.1500%
Bitget+0.0000%+0.0000%+0.1358%+0.1358%
Bybit+0.0000%+0.0000%+0.1133%+0.1133%
Gate+0.0000%+0.0000%+0.0748%+0.0748%
HTX+0.0000%+0.0000%+0.0350%+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 0.0002% across 22 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 bitfinex shows the highest (or most extreme) XPL funding rate among tracked exchanges, at -0.0180%. 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.