Plasma (XPL) Funding Rate
Real-time XPL perpetual funding rates across 29 exchanges, with annualized APR and cross-venue divergence.
As of 2026-11-12 03:00 UTC, the XPL perpetual funding rate on Binance was +0.0050% per 4h (+10.95% APR), across 29 venues tracked; highest HTX at +13.32% APR, lowest KuCoin at −73.58% APR.
What is Funding Rate for Plasma?
The Plasma funding rate is the periodic payment between holders of long and short XPL perpetual futures that keeps the perpetual's price near spot. When the rate is positive, longs pay shorts; when it is negative, shorts pay longs.
Sharpe lists the current XPL funding rate on every tracked venue that quotes a XPL perpetual, each at the venue's own settlement interval.
How to read the Plasma Funding Rate chart
Venues settle on their own interval (1h to 24h), so rates are compared on an 8-hour-equivalent basis: the venue's rate × 8 ÷ its interval in hours. APR annualizes the venue's rate over its own interval: the 8-hour-equivalent rate × 3 × 365.
A gap between the highest and lowest venue is the spread a cross-venue funding trade earns before fees, and a venue far from the rest often has thin open interest.
Plasma Funding Rate FAQ
Who pays the XPL funding rate?
Longs pay shorts while the rate is positive, and shorts pay longs while it is negative, at each venue's settlement time.
How often is XPL funding paid?
On each venue's own interval: some settle hourly, others every 4 or 8 hours. The table lists every venue's interval and next settlement.
Where can I learn how crypto funding rates work?
Sharpe's crypto funding rate tracker guide covers funding mechanics, APR and carry trades.
PlasmaXPL
| HyperliquidXPL-USD | $36.52M | +0.0100% | +10.95% | +0.0013% | 1h | |
| BinanceXPLUSDT | $27.17M | +0.0100% | +10.95% | +0.0050% | 4h | |
| BybitXPLUSDT | $8.79M | +0.0097% | +10.57% | +0.0048% | 4h | |
| OKXXPL-USDT-SWAP | $6.53M | +0.0100% | +10.95% | +0.0050% | 4h | |
| WhiteBITXPL_PERP | $6.26M | +0.0100% | +10.95% | +0.0050% | 4h | |
| Gate.ioXPL_USDT | $6.15M | −0.0008% | −0.88% | −0.0004% | 4h | |
| KuCoinXPLUSDTM | $2.77M | −0.0672% | −73.58% | −0.0336% | 4h | |
| BitgetXPLUSDT | $2.44M | +0.0100% | +10.95% | +0.0050% | 4h | |
| VariationalXPL | $1.02M | +0.0100% | +10.95% | +0.0050% | 4h | |
| LighterXPL | $901.42K | +0.0096% | +10.51% | +0.0012% | 1h | |
| BingXXPL-USDT | $822.89K | +0.0100% | +10.95% | +0.0050% | 4h | |
| KrakenPF_XPLUSD | $354.33K | −0.0074% | −8.08% | −0.0009% | 1h | |
| AsterXPLUSDT | $186.21K | +0.0100% | +10.95% | +0.0050% | 4h | |
| ExtendedXPL-USD | $184.53K | +0.0104% | +11.39% | +0.0013% | 1h | |
| GRVTXPL_USDT_Perp | $138.69K | +0.0100% | +10.95% | +0.0050% | 4h | |
| DeribitXPL_USDC-PERPETUAL | $64.40K | +0.0059% | +6.41% | +0.0059% | 8h | |
| BackpackXPL_USDC_PERP | $58.61K | −0.0139% | −15.26% | −0.0017% | 1h | |
| HTXXPL-USDT | $53.09K | +0.0122% | +13.32% | +0.0061% | 4h | |
| BitfinextXPLF0:USTF0 | $39.32K | 0.0000% | 0.00% | 0.0000% | 8h | |
| PacificaXPL | $32.63K | +0.0100% | +10.95% | +0.0013% | 1h | |
| ApeXXPL-USDT | $7.08K | +0.0100% | +10.95% | +0.0013% | 1h | |
| Crypto.comXPLUSD-PERP | $2.15K | +0.0009% | +0.93% | +0.0001% | 1h | |
| MEXCXPL_USDT | $4.56M excluded | +0.0100% | +10.95% | +0.0050% | 4h | |
| BitunixXPLUSDT | — | +0.0100% | +10.95% | +0.0050% | 4h | |
| LBankXPLUSDT | — | +0.0100% | +10.95% | +0.0050% | 4h | |
| NadoXPL-PERP | — | +0.0008% | +0.93% | +0.0001% | 1h | |
| Lighter RobinhoodXPL | — | +0.0096% | +10.51% | +0.0012% | 1h | |
| ArcusXPL-USD | — | +0.0100% | +10.95% | +0.0013% | 1h | |
| Polymarket PerpsXPL-USD | — | +0.0100% | +10.95% | +0.0013% | 1h |
- XPLAvg 8h+0.0071%OI $100.49M · Next · 29 venues
- Hyperliquid 1h
- +0.0100%
- Binance 4h
- +0.0100%
- Bybit 4h
- +0.0097%