XLM funding rate

Compared across 15 venues · net of estimated fees

XLM Funding Rate — live across 15 venues

Perpetual funding · compared across 15 venues · net of estimated fees · updated every few minutes

Live annualized XLM perpetual funding across all 15 venues Perpia tracks. Right now XLM funding is positive on 14 and negative on 1, ranging from +11.4% on Extended to -7.1% on OKX — a spread of 18.4%. The widest delta-neutral trade is long OKX / short Extended at 16.3% net APR.

15venues
14paying positive
18.4%funding spread
Best XLM spread now
16.3%
net APR after fees
LongOKX↗→ShortExtended↗
size depends on live venue depth — see the real cap in the scanner

XLM funding trend & liquidity

168h of history
18.4%current gross APR
3.7%24h average
7.2%7-day average
$311Kpair OI · lower leg
$530K24h volume · lower leg

Averages are historical funding over the window shown. A current rate near the 7-day average may indicate the spread has persisted; a rate far above it is usually a short-lived spike. OI and volume are the smaller (binding) leg of the best pair — the ceiling on tradeable size.

XLM · OKX → Extended — no history

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Build a route

any two of the 15 venues
Gross spread+18.4%+$5.05 / day on $10,000
Widest routes

This is the widest route right now. The number is gross: fees, the entry spread and slippage are not in it, and both legs must be tradeable for you. The scanner carries the same pairs net of costs.

Venues: pick the two legs

sorted by rate · 15 venues
VenueFunding APR ↓IntervalUse as
Extended↗short+11.4%every 1h
Hyperliquid↗+10.9%every 1h
KuCoin↗+10.9%every 8h
Aster↗+10.9%every 8h
BackPack↗+10.9%every 1h
HTX↗+10.9%every 8h
Bitget↗+10.5%every 8h
Lighter↗+10.5%every 8h
BingX↗+10.4%every 8h
Variational↗+10.1%every 8h
Bybit↗+8.3%every 8h
Gate.io↗+5.3%every 8h
Binance↗+4.7%every 8h
MEXC↗+4.6%every 8h
below — these venues pay the longs: this is the leg you buy
OKX↗long−7.1%every 8h

Rates annualized; updated ~every few minutes from live venue data. Venue names link to that exchange's full funding table; ↗ opens the market on the exchange itself. Every spread between these two venues is on the OKX vs Extended page. 38 pairs scanned for XLM.

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XLM — FAQ

Is XLM funding positive right now?

XLM perpetual funding is positive on 14 of 15 venues Perpia tracks and negative on 1. The highest is +11.4% on Extended; the lowest is -7.1% on OKX.

What is the best XLM funding arbitrage right now?

Go long OKX and short Extended for about 16.3% net APR after fees — the widest delta-neutral XLM spread Perpia currently sees.

Which exchange has the highest XLM funding rate?

Extended, at +11.4% annualized. Funding shifts continuously, so check the live table above before trading.

How XLM funding arbitrage works

Funding arbitrage combines opposing positions on two venues — long the one paying the most negative funding, short the one paying the most positive — to reduce directional exposure and capture the difference between their funding payments. Fees, slippage, basis divergence and liquidation risk can reduce the result. See the methodology for how it is measured and the guide for the full walkthrough.

Markets related to XLM

also quoted on both Extended and OKX

The same two exchanges you would already have funded for the XLM trade. Every spread between them is on the Extended vs OKX page.