XPL funding rates and arbitrage
Updated 2026-10-29 15:26 UTC
Best XPL arbitrage after every cost
No XPL pair nets a profit at this size right now.
At $10,000 per side, held 7 days, after taker fees, order-book slippage and carry.
XPL funding rate on every exchange
| Exchange | Contract | Rate | Every | Annualised | Settled 7d, annualised | Open interest | Next settlement |
|---|---|---|---|---|---|---|---|
| Backpack | XPL_USDC_PERP | 0.0078% | 1 h | +68.2% | +46.0% | $232.8K | 2026-10-29 16:00 |
| Phoenix | XPL | 0.0039% | 1 h | +34.1% | +30.3% | — | 2026-10-29 16:00 |
| Extended | XPL-USD | 0.0013% | 1 h | +11.4% | +11.4% | $712.1K | 2026-10-29 16:00 |
| KuCoin | XPLUSDTM | 0.0050% | 4 h | +10.9% | +10.3% | $3M | 2026-10-29 16:00 |
| Nado | XPL-PERP_USDT0 | 0.0013% | 1 h | +10.9% | — | $244.7K | 2026-10-29 16:00 |
| Bitunix | XPLUSDT | 0.0050% | 4 h | +10.9% | +7.3% | — | 2026-10-29 16:00 |
| MEXC | XPL_USDT | 0.0050% | 4 h | +10.9% | +7.5% | $10.9M | 2026-10-29 16:00 |
| WhiteBIT | XPL_PERP | 0.0050% | 4 h | +10.9% | +11.0% | $9M | 2026-10-29 16:00 |
| Pacifica | XPL | 0.0013% | 1 h | +10.9% | +11.0% | $49.1K | 2026-10-29 16:00 |
| ApeX | XPL-USDT | 0.0013% | 1 h | +10.9% | +11.0% | $36K | 2026-10-29 16:00 |
| OKX | XPL-USDT-SWAP | 0.0050% | 4 h | +10.9% | +7.2% | $8.7M | 2026-10-29 16:00 |
| WOO X | PERP_XPL_USDT | 0.0050% | 4 h | +10.9% | +7.5% | $7.2K | 2026-10-29 16:00 |
| LBank | XPLUSDT | 0.0050% | 4 h | +10.9% | — | — | 2026-10-29 16:00 |
| HTX | XPL-USDT | 0.0050% | 4 h | +10.9% | +10.4% | $86.2K | 2026-10-29 16:00 |
| BingX | XPL-USDT | 0.0050% | 4 h | +10.9% | +10.9% | $1.6M | 2026-10-29 16:00 |
| Bybit | XPLUSDT | 0.0050% | 4 h | +10.9% | +3.4% | $28.7M | 2026-10-29 16:00 |
| GRVT | XPL_USDT_Perp | 0.0050% | 4 h | +10.9% | +10.4% | $207.1K | 2026-10-29 16:00 |
| Aster | XPLUSDT | 0.0050% | 4 h | +10.9% | +19.0% | $1.4M | 2026-10-29 16:00 |
| Variational | XPL-PERP | 0.0050% | 4 h | +10.9% | — | $926.1K | 2026-10-29 16:00 |
| Binance | XPLUSDT | 0.0050% | 4 h | +10.9% | +7.5% | $40M | 2026-10-29 16:00 |
| Gate | XPL_USDT | 0.0050% | 4 h | +10.9% | +8.6% | $12.4M | 2026-10-29 16:00 |
| Hyperliquid | XPL | 0.0013% | 1 h | +10.9% | +10.9% | $63.4M | 2026-10-29 16:00 |
| Paradex | XPL-USD-PERP | 0.0100% | 8 h | +10.9% | — | $111.1K | 2026-10-29 16:00 |
| Lighter | XPL | 0.0012% | 1 h | +10.5% | +10.9% | $2.8M | 2026-10-29 16:00 |
| Bitget | XPLUSDT | 0.0002% | 4 h | +0.4% | +9.6% | $9.3M | 2026-10-29 16:00 |
| Bitfinex | tXPLF0:USTF0 | 0.0000% | 8 h | 0.0% | — | $7.5K | 2026-10-29 16:00 |
| TXFlow | XPL-USDC | -0.0005% | 1 h | −4.6% | — | $998.7K | 2026-10-29 16:00 |
| Crypto.com | XPLUSD-PERP | -0.0009% | 1 h | −8.1% | +28.9% | $6.4K | 2026-10-29 16:00 |
| Kraken | PF_XPLUSD | -0.0018% | 1 h | −15.6% | +4.3% | $461.4K | 2026-10-29 16:00 |
| BloFin | XPL-USDT | -0.0100% | 4 h | −21.9% | +30.1% | $1.6M | 2026-10-29 16:00 |
Borrow XPL to sell spot
| Exchange | Borrow APR | Per-account limit |
|---|---|---|
| Bitget | 5.64% | — |
| Bybit | 9.61% | — |
| Gate | 10.41% | $120K |
| OKX | 11.30% | — |
| Binance | 21.61% | — |
Cost to enter $10,000 of XPL
| Exchange | Contract | Fee + slippage | Source |
|---|---|---|---|
| MEXC | XPL_USDT | 1.2 bp | live order book |
| Nado | XPL-PERP_USDT0 | 6.3 bp | order-book snapshot, 31 min old |
| Lighter | XPL | 8.6 bp | live order book |
| Binance | XPLUSDT | 8.9 bp | live order book |
| BingX | XPL-USDT | 9.1 bp | live order book |
| OKX | XPL-USDT-SWAP | 10.0 bp | live order book |
| BloFin | XPL-USDT | 10.5 bp | live order book |
| Bybit | XPLUSDT | 13.0 bp | live order book |
| Gate | XPL_USDT | 17.4 bp | live order book |
| Aster | XPLUSDT | 20.0 bp | live order book |
| ApeX | XPL-USDT | 56.8 bp * | order-book snapshot, 44 min old |
| Extended | XPL-USD | 3.1 bp | top of book only |
Taker fee plus slippage of a market buy of $10,000 from the mid price, at standard (VIP0) fees. * fee estimated: the exchange publishes no fee schedule without an account.
More on XPL
Questions
Is XPL funding-rate arbitrage profitable right now?
Not at $10,000 per side for 7 days: no XPL pair shows a verified profit after fees and order-book slippage right now. Rates change every hour; the live page re-ranks continuously.
Which exchange has the highest XPL funding rate?
Backpack at +68.2% a year (0.0078% every 1 h); the lowest is BloFin at −21.9%. A positive rate is paid by longs to shorts, a negative one by shorts to longs.
The method behind every number on AfterFees is published; Pro opens each figure into its line-by-line calculation. Estimates from current data, not investment advice. We never hold funds or trade for you.