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Plasma (XPL) Funding Rate History

Plasma (XPL) perpetual futures funding ranges from -12.50 bps on PARADEX to 6.20 bps on DECIBEL across 27 reporting venues, a spread of 18.70 bps. The most extreme rate (-136.88% APY annualized) is on PARADEX. Currently funding signs are mixed: 14 positive, 13 negative.

A non-zero funding rate spread between venues is the basis for delta-neutral funding arbitrage: long the cheaper-funding exchange and short the more expensive one to capture the spread without picking a side on XPL price.

XPL Per-Exchange Funding Rates

ExchangeCurrent Funding (bps)Funding APY7-Day Avg Funding (bps)24h Volume
PARADEX-12.50 bps-136.88% APY-4.60 bps$0.51
KUCOIN-10.40 bps-113.88% APY0.30 bps$526.89K
HYENA-10.20 bps-111.69% APY-5.00 bps$2.42K
DECIBEL6.20 bps67.89% APY2.50 bps$0
CRYPTOCOM5.30 bps58.03% APY1.80 bps$4.68K
PHOENIX-2.50 bps-27.38% APY-1.80 bps$17.28K
OKX-2.10 bps-23.00% APY-0.20 bps$33.21M
WOOFIPRO-1.20 bps-13.14% APY-0.40 bps$778.17K
NADO-1.10 bps-12.04% APY0.30 bps$2.01M
BYBIT1.00 bps10.95% APY0.00 bps$21.51M
BINGX1.00 bps10.95% APY0.80 bps$7.10M
PHEMEX1.00 bps10.95% APY0.90 bps$1.28M
VARIATIONAL1.00 bps10.95% APY1.00 bps$535.96K
LIGHTER1.00 bps10.95% APY1.00 bps$506.09K
HUOBI1.00 bps10.95% APY8.90 bps$57.48K
PACIFICA1.00 bps10.95% APY1.00 bps$39.00K
ASTER1.00 bps10.95% APY1.00 bps$15.40K
GATEIO0.80 bps8.76% APY0.00 bps$1.41M
GRVT-0.80 bps-8.76% APY0.90 bps$184.42K
EXTENDED0.60 bps6.57% APY2.00 bps$1.41M
BINANCE-0.40 bps-4.38% APY0.30 bps$46.17M
HYPERLIQUID-0.40 bps-4.38% APY0.50 bps$7.93M
MEXC-0.40 bps-4.38% APY0.30 bps$1.34M
ZO0.40 bps4.38% APY0.60 bps$15.46K
DRIFT0.40 bps4.38% APYn/a$0
BITGET-0.20 bps-2.19% APY-0.10 bps$7.84M
REYA-0.20 bps-2.19% APY0.50 bps$0

Last updated 2026-06-06T22:50:28.192246Z (UTC).

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