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XPL perpetuals

Compare funding costs for one asset across venues.

Data as of 2026-11-10 22:42 UTC

XPL is quoted on 9 contracts. The highest funding rate is on Aster at +10.95% annualised, quoted per 4h, and the lowest is on OKX at -6.42% — a gap of 17.37 points. Rate periods differ across these contracts, so each is converted to a simple annualised figure before comparison.

Highest rate now
+10.95%
Aster · 4h
Lowest rate now
-6.42%
OKX · 4h
Spread
17.37
points
Highest 30d realised APR
+17.92%
Bybit

By venue

Venue Rate Annualised 30d realised APR Max leverage 24h turnover Actions
AsterOn-chainXPLUSDT +0.0050%4h +10.95% +17.25%
Annualised · +17.25% · range -28.6% … +165.9% · 127 settlements
20x 116.8K
Liquidation → Trade
BinanceCentralisedXPLUSDT +0.0050%4h +10.95% +7.94%
Annualised · +7.94% · range -7.8% … +11.0% · 179 settlements
75x 20.5M
Liquidation → Trade
BybitCentralisedXPLPERP +0.0050%4h +10.95% +17.92%
Annualised · +17.92% · range -101.3% … +362.6% · 109 settlements
50x 141.2K
Liquidation → Trade
BybitCentralisedXPLUSDT +0.0050%4h +10.95% +5.18%
Annualised · +5.18% · range -50.3% … +11.0% · 179 settlements
75x 9.4M
Liquidation → Trade
HyperliquidOn-chainXPL +0.0013%1h +10.95% +11.55%
Annualised · +11.55% · range -126.8% … +96.8% · 715 settlements
10x 5.4M
Liquidation → Trade
LighterOn-chainXPL +0.0096%8h +10.51% —
no history yet
 10x 368.2K
Liquidation → Trade
BitgetCentralisedXPLUSDT +0.0009%4h +1.97% +4.51%
Annualised · +4.51% · range -40.7% … +11.0% · 179 settlements
75x 2.2M
Liquidation → Trade
GateCentralisedXPL_USDT 0.0000%4h 0.00% +6.26%
Annualised · +6.26% · range -16.6% … +11.0% · 173 settlements
75x 847.1K
Liquidation → Trade
OKXCentralisedXPL-USDT-SWAP -0.0029%4h -6.42% +4.48%
Annualised · +4.48% · range -38.5% … +11.0% · 180 settlements
50x 12.8M
Liquidation → Trade

Common questions

Which exchanges list XPL perpetual futures?

XPL trades as 9 perpetual contracts across 8 venues: Aster, Binance, Bitget, Bybit, Gate, Hyperliquid, Lighter and OKX. The busiest is Binance, with $20.5M of 24h turnover — 39% of the total.

Where is XPL funding cheapest right now?

For a long, the most favourable collected rate is -6.42% annualised on OKX; for a short, it is +10.95% on Aster — a gap of 17.37 points. Venues disagree on direction: a long is paid on OKX but pays on Aster.

How much funding does a 10,000 USDT XPL position pay per day?

At current rates a 10,000 USDT long pays about +3.00 USDT a day on Aster and -1.76 USDT on OKX. Over the past 30 days Aster actually settled an average of +4.72 USDT a day on the same position. A negative figure means the long is paid.

How often does XPL funding settle?

It depends on the venue: Hyperliquid and Lighter every 1h; Aster, Binance, Bitget, Bybit and Gate every 4h.

What has XPL funding actually paid over the past 30 days?

The highest realised figure was on Bybit XPLPERP: +17.92% annualised across 109 settlements, 8% of them negative. The lowest was OKX, at +4.48%. 8 of the 9 contracts have at least a week of settled history to measure.

What is the highest leverage available on XPL?

The highest collected cap is 75x, on Binance, Bitget, Bybit XPLUSDT and Gate. On Binance it applies up to 5K USDT of notional; above that the cap drops to 50x.

Further readingCross-venue funding spreads: from gross rates to net P&LHow funding fees work: amounts, signs and settlementHow liquidation price is calculated: tiered maintenance margin and deductions

XPL comparison scope and payment direction

This page retains low-turnover XPL contracts without the main ranking’s $1M threshold. Positive funding is paid by longs; negative funding is paid by shorts. High and low are rate values, not recommendations. These contracts quote in USD, USDC and USDT; check each specification for settlement currency and multiplier before comparing. Annualisation method · Official sources.

Rates and chart methodology

Annualised over the window sums what actually settled on that contract, then extrapolates across the hours those settlements covered — it is not today's rate projected forward. A contract listed less than 30 days ago is extrapolated from its own span. The grey line is zero: above it longs pay, below it shorts pay. Every row in that column shares one vertical scale, so their swings can be compared directly.

Trading link disclosure

Affiliate disclosure: We may earn a commission if you register and trade through some links. Partnerships do not influence the data displayed or rankings.

Margin ladders

Aster · XPLUSDT With deduction

Tier Range Maintenance rate Max leverage Deduction
1 0 – 1000000 quote 2.5000% 20.00x —
2 1000000 – 2000000 quote 5.0000% 10.00x 25000
3 2000000 – 5000000 quote 10.0000% 5.00x 125000
4 5000000 – 10000000 quote 12.5000% 4.00x 250000
5 10000000 – 20000000 quote 16.6700% 3.00x 667000
6 20000000 – 40000000 quote 25.0000% 2.00x 2333000
7 40000000 – 1000000000 quote 50.0000% 1.00x 12333000

Binance · XPLUSDT With deduction

Tier Range Maintenance rate Max leverage Deduction
1 0 – 5000 quote 1.0000% 75.00x —
2 5000 – 10000 quote 1.5000% 50.00x 25
3 10000 – 50000 quote 2.0000% 25.00x 75
4 50000 – 100000 quote 2.5000% 20.00x 325
5 100000 – 175000 quote 3.3300% 15.00x 1155
6 175000 – 250000 quote 5.0000% 10.00x 4077.5
7 250000 – 750000 quote 10.0000% 5.00x 16577.5
8 750000 – 1500000 quote 12.5000% 4.00x 35327.5
9 1500000 – 4500000 quote 16.6700% 3.00x 97877.5
10 4500000 – 7500000 quote 25.0000% 2.00x 472727.5
11 7500000 – 12500000 quote 50.0000% 1.00x 2347727.5

Bybit · XPLPERP With deduction

Tier Range Maintenance rate Max leverage Deduction
1 0 – 5000 quote 0.8000% 50.00x —
2 5000 – 25000 quote 1.1100% 45.00x 15.5
3 25000 – 50000 quote 1.2500% 40.00x 50.5
4 50000 – 75000 quote 1.4300% 35.00x 140.5
5 75000 – 100000 quote 1.6700% 30.00x 320.5
6 100000 – 125000 quote 2.0000% 25.00x 650.5
7 125000 – 150000 quote 2.5000% 20.00x 1275.5
8 150000 – 175000 quote 3.0000% 16.67x 2025.5
9 175000 – 200000 quote 3.5000% 14.29x 2900.5
10 200000 – 225000 quote 4.0000% 12.50x 3900.5
11 225000 – 250000 quote 4.5000% 11.11x 5025.5
12 250000 – 275000 quote 5.0000% 10.00x 6275.5
13 275000 – 300000 quote 5.5000% 9.09x 7650.5
14 300000 – 350000 quote 6.0000% 8.33x 9150.5
15 350000 – 375000 quote 6.5000% 7.69x 10900.5
16 375000 – 850000 quote 7.0000% 7.14x 12775.5
17 850000 – 950000 quote 7.5000% 6.67x 17025.5
18 950000 – 1050000 quote 8.0000% 6.25x 21775.5
19 1050000 – 1150000 quote 8.5000% 5.88x 27025.5
20 1150000 – 1250000 quote 9.0000% 5.56x 32775.5
21 1250000 – 1350000 quote 11.0000% 4.55x 57775.5
22 1350000 – 1450000 quote 13.0000% 3.85x 84775.5
23 1450000 – 1550000 quote 15.0000% 3.33x 113775.5
24 1550000 – 1650000 quote 17.0000% 2.94x 144775.5
25 1650000 – 1750000 quote 19.0000% 2.63x 177775.5
26 1750000 – 1850000 quote 21.0000% 2.38x 212775.5
27 1850000 – 1950000 quote 23.0000% 2.17x 249775.5
28 1950000 – 2050000 quote 25.0000% 2.00x 288775.5
29 2050000 – 2150000 quote 33.0000% 1.50x 452775.5
30 2150000 – ∞ quote 60.0000% 1.00x 1033275.5

Bybit · XPLUSDT With deduction

Tier Range Maintenance rate Max leverage Deduction
1 0 – 5000 quote 1.0000% 75.00x —
2 5000 – 25000 quote 1.5000% 50.00x 25
3 25000 – 50000 quote 1.7500% 33.00x 87.5
4 50000 – 100000 quote 2.0000% 25.00x 212.5
5 100000 – 150000 quote 2.5000% 20.00x 712.5
6 150000 – 200000 quote 2.6300% 19.00x 907.5
7 200000 – 250000 quote 2.7800% 18.00x 1207.5
8 250000 – 300000 quote 2.9400% 17.00x 1607.5
9 300000 – 350000 quote 3.1300% 16.00x 2177.5
10 350000 – 400000 quote 3.3300% 15.00x 2877.5
11 400000 – 450000 quote 3.5700% 14.00x 3837.5
12 450000 – 500000 quote 3.8500% 13.00x 5097.5
13 500000 – 550000 quote 4.1700% 12.00x 6697.5
14 550000 – 600000 quote 4.5500% 11.00x 8787.5
15 600000 – 700000 quote 5.0000% 10.00x 11487.5
16 700000 – 800000 quote 5.5600% 9.00x 15407.5
17 800000 – 900000 quote 5.8800% 8.50x 17967.5
18 900000 – 1000000 quote 6.2500% 8.00x 21297.5
19 1000000 – 1500000 quote 6.6700% 7.50x 25497.5
20 1500000 – 2000000 quote 7.1400% 7.00x 32547.5
21 2000000 – 2500000 quote 7.6900% 6.50x 43547.5
22 2500000 – 3000000 quote 8.3300% 6.00x 59547.5
23 3000000 – 3500000 quote 9.0900% 5.50x 82347.5
24 3500000 – 4000000 quote 10.0000% 5.00x 114197.5
25 4000000 – 4500000 quote 11.1100% 4.50x 158597.5
26 4500000 – 5000000 quote 12.5000% 4.00x 221147.5
27 5000000 – 6000000 quote 14.2900% 3.50x 310647.5
28 6000000 – 7000000 quote 16.6700% 3.00x 453447.5
29 7000000 – 8000000 quote 20.0000% 2.50x 686547.5
30 8000000 – ∞ quote 25.0000% 2.00x 1086547.5

Hyperliquid · XPL With deduction

Tier Range Maintenance rate Max leverage Deduction
1 0 – 3000000 quote 5.0000% 10.00x —
2 3000000 – ∞ quote 10.0000% 5.00x 150000

Lighter · XPL No deduction

Tier Range Maintenance rate Max leverage Deduction
1 0 – ∞ quote 6.0000% 10.00x —

Bitget · XPLUSDT No deduction

Tier Range Maintenance rate Max leverage Deduction
1 0 – 5000 quote 1.0000% 75.00x —
2 5000 – 10000 quote 1.5000% 50.00x —
3 10000 – 50000 quote 2.0000% 25.00x —
4 50000 – 100000 quote 2.5000% 20.00x —
5 100000 – 250000 quote 5.0000% 10.00x —
6 250000 – 750000 quote 10.0000% 5.00x —
7 750000 – 1500000 quote 12.5000% 4.00x —
8 1500000 – 7500000 quote 30.0000% 2.00x —
9 7500000 – ∞ quote 60.0000% 1.00x —

Gate · XPL_USDT With deduction

Tier Range Maintenance rate Max leverage Deduction
1 0 – 5000 quote 0.8333% 75.00x —
2 5000 – 10000 quote 1.0000% 50.00x 8.335
3 10000 – 20000 quote 1.5000% 40.00x 58.335
4 20000 – 50000 quote 2.0000% 30.00x 158.335
5 50000 – 100000 quote 2.5000% 25.00x 408.335
6 100000 – 200000 quote 3.0000% 20.00x 908.335
7 200000 – 500000 quote 4.0000% 16.00x 2908.335
8 500000 – 1000000 quote 5.0000% 14.00x 7908.335
9 1000000 – 2000000 quote 6.0000% 12.00x 17908.335
10 2000000 – 5000000 quote 8.0000% 10.00x 57908.335
11 5000000 – 7000000 quote 15.0000% 5.00x 407908.335
12 7000000 – 10000000 quote 30.0000% 3.00x 1457908.335
13 10000000 – 15000000 quote 45.0000% 2.00x 2957908.335
14 15000000 – 20000000 quote 60.0000% 1.50x 5207908.335
15 20000000 – ∞ quote 90.0000% 1.05x 11207908.335

OKX · XPL-USDT-SWAP No deduction

Tier Range Maintenance rate Max leverage Deduction
1 0 – 375000 base 0.6500% 50.00x —
2 375010 – 750000 base 1.0000% 40.00x —
3 750010 – 1500000 base 1.5000% 20.00x —
4 1500010 – 3000000 base 2.0000% 18.18x —
5 3000010 – 4500000 base 2.5000% 16.66x —
6 4500010 – 6000000 base 3.0000% 15.38x —
7 6000010 – 7500000 base 3.5000% 14.28x —
8 7500010 – 9000000 base 4.0000% 13.33x —
9 9000010 – 10500000 base 4.5000% 12.50x —
10 10500010 – 12000000 base 5.0000% 11.76x —
11 12000010 – 13500000 base 5.5000% 11.11x —
12 13500010 – 15000000 base 6.0000% 10.52x —
13 15000010 – 16500000 base 6.5000% 10.00x —
14 16500010 – 18000000 base 7.0000% 9.52x —
15 18000010 – 19500000 base 7.5000% 9.09x —
16 19500010 – 21000000 base 8.0000% 8.69x —
17 21000010 – 22500000 base 8.5000% 8.33x —
18 22500010 – 24000000 base 9.0000% 8.00x —
19 24000010 – 25500000 base 9.5000% 7.69x —
20 25500010 – 27000000 base 10.0000% 7.40x —
21 27000010 – 28500000 base 10.5000% 7.14x —
22 28500010 – 30000000 base 11.0000% 6.89x —
23 30000010 – 31500000 base 11.5000% 6.66x —
24 31500010 – 33000000 base 12.0000% 6.45x —
25 33000010 – 34500000 base 12.5000% 6.25x —
26 34500010 – 36000000 base 13.0000% 6.06x —
27 36000010 – 37500000 base 13.5000% 5.88x —
28 37500010 – 39000000 base 14.0000% 5.71x —
29 39000010 – 40500000 base 14.5000% 5.55x —
30 40500010 – 42000000 base 15.0000% 5.40x —
31 42000010 – 43500000 base 15.5000% 5.26x —
32 43500010 – 45000000 base 16.0000% 5.12x —
33 45000010 – 46500000 base 16.5000% 5.00x —
34 46500010 – 48000000 base 17.0000% 4.87x —
35 48000010 – 49500000 base 17.5000% 4.76x —
36 49500010 – 51000000 base 18.0000% 4.65x —
37 51000010 – 52500000 base 18.5000% 4.54x —
38 52500010 – 54000000 base 19.0000% 4.44x —
39 54000010 – 55500000 base 19.5000% 4.34x —
40 55500010 – 57000000 base 20.0000% 4.25x —
41 57000010 – 58500000 base 20.5000% 4.16x —
42 58500010 – 60000000 base 21.0000% 4.08x —
43 60000010 – 61500000 base 21.5000% 4.00x —
44 61500010 – 63000000 base 22.0000% 3.92x —
45 63000010 – 64500000 base 22.5000% 3.84x —
46 64500010 – 66000000 base 23.0000% 3.77x —
47 66000010 – 67500000 base 23.5000% 3.70x —
48 67500010 – 69000000 base 24.0000% 3.63x —
49 69000010 – 70500000 base 24.5000% 3.57x —
50 70500010 – 72000000 base 25.0000% 3.50x —
51 72000010 – 73500000 base 25.5000% 3.44x —
52 73500010 – 75000000 base 26.0000% 3.38x —
53 75000010 – 76500000 base 26.5000% 3.33x —
54 76500010 – 78000000 base 27.0000% 3.27x —
55 78000010 – 79500000 base 27.5000% 3.22x —
56 79500010 – 81000000 base 28.0000% 3.17x —
57 81000010 – 82500000 base 28.5000% 3.12x —
58 82500010 – 84000000 base 29.0000% 3.07x —
59 84000010 – 85500000 base 29.5000% 3.03x —
60 85500010 – 87000000 base 30.0000% 2.98x —
61 87000010 – 88500000 base 30.5000% 2.94x —
62 88500010 – 90000000 base 31.0000% 2.89x —
63 90000010 – 91500000 base 31.5000% 2.85x —
64 91500010 – 93000000 base 32.0000% 2.81x —
65 93000010 – 94500000 base 32.5000% 2.77x —
66 94500010 – 96000000 base 33.0000% 2.73x —
67 96000010 – 97500000 base 33.5000% 2.70x —
68 97500010 – 99000000 base 34.0000% 2.66x —
69 99000010 – 100500000 base 34.5000% 2.63x —
70 100500010 – 102000000 base 35.0000% 2.59x —
71 102000010 – 103500000 base 35.5000% 2.56x —
72 103500010 – 105000000 base 36.0000% 2.53x —
73 105000010 – 106500000 base 36.5000% 2.50x —
74 106500010 – 108000000 base 37.0000% 2.46x —
75 108000010 – 109500000 base 37.5000% 2.43x —
76 109500010 – 111000000 base 38.0000% 2.40x —
77 111000010 – 112500000 base 38.5000% 2.38x —
78 112500010 – 114000000 base 39.0000% 2.35x —
79 114000010 – 115500000 base 39.5000% 2.32x —
80 115500010 – 117000000 base 40.0000% 2.29x —
81 117000010 – 118500000 base 40.5000% 2.27x —
82 118500010 – 120000000 base 41.0000% 2.24x —
83 120000010 – 121500000 base 41.5000% 2.22x —
84 121500010 – 123000000 base 42.0000% 2.19x —
85 123000010 – 124500000 base 42.5000% 2.17x —
86 124500010 – 126000000 base 43.0000% 2.15x —
87 126000010 – 127500000 base 43.5000% 2.12x —
88 127500010 – 129000000 base 44.0000% 2.10x —
89 129000010 – 130500000 base 44.5000% 2.08x —
90 130500010 – 132000000 base 45.0000% 2.06x —
91 132000010 – 133500000 base 45.5000% 2.04x —
92 133500010 – 135000000 base 46.0000% 2.02x —
93 135000010 – 136500000 base 46.5000% 2.00x —