XLM funding rates

XLM perpetual funding across 12 venues. Rates are annualized (APR); positive means longs pay shorts.

Data as of 2026-10-12 03:51 UTC · refreshed every 5 min

Best pair · 7d: 13.1%long Binance, short Hyperliquid · net 8.1%
Highest funding now: 11.4%Extended
Lowest funding now: 10.5%Lighter
Listed on: 12 venues

Funding by venue

													Open
Extended	XLM-USD	11.4%	11.4%	8.5%	10.3%	8.1%	89%	1h	04:00	0.2012	$135k	$252k	ExExtended
Hyperliquid	XLM	10.9%	10.9%	10.8%	14.6%	10.8%	100%	1h	—	0.2015	$17.5M	$2.7M	HyHyperliquid
Aster	XLMUSDT	10.9%	10.9%	9.7%	10.6%	9.5%	95%	8h	08:00	0.2015	$679k	$126k	AsAster
GRVT	XLM_USDT_Perp	10.9%	9.2%	5.7%	8.5%	5.1%	76%	8h	08:00	0.2014	$566k	$585k	GrGRVT
RWA Perp	PERP_XLM_USDC_mythos	10.9%	10.9%	11.1%	11.0%	11.1%	100%	4h	04:00	0.2012	$2k	$0	RwRWA Perp
BinanceCEX	XLMUSDT	10.9%	2.7%	−2.3%	6.0%	−3.1%	47%	8h	08:00	0.2015	$40.1M	$49.5M	BnBinance
BybitCEX	XLMUSDT	10.9%	−0.7%	2.6%	5.9%	3.1%	64%	8h	08:00	0.2014	$36.8M	$16.6M	ByBybit
BitgetCEX	XLMUSDT	10.9%	3.9%	5.4%	8.2%	5.7%	79%	8h	08:00	0.2014	$23.5M	$7.3M	BgBitget
GateCEX	XLM_USDT	10.9%	−0.4%	−1.4%	4.9%	−1.5%	54%	8h	08:00	0.2014	$32.4M	$2.9M	GtGate
MEXCCEX	XLM_USDT	10.9%	4.7%	−1.5%	6.4%	−2.5%	48%	8h	08:00	0.2014	$21.7M	$15.0M	MxMEXC
Variational	XLM	10.9%	5.8%	5.8%	7.4%	5.8%	77%	8h	—	0.2008	$197k	$287k	VaVariational
Lighter	XLM	10.5%	10.5%	10.1%	12.0%	10.0%	99%	1h	04:00	0.2013	$209k	$130k	LiLighter

Sparklines: hourly funding APR over the last 7 days, zero line dashed.

Long/short pairs

Funding spreads, annualized: short-leg rate minus long-leg rate.
											Flags	Open	Calc
		Spread APR				After taker fees			Quality
MEXCCEX	Lighter	−0.4%	5.9%	11.5%	5.6%	10.5%	15.8%	1.3d	cooling	$209k	8h/1h	Mx Li	calc
BinanceCEX	Lighter	−0.4%	7.8%	12.3%	6.2%	9.7%	14.6%	3.0d	cooling	$209k	8h/1h	Bn Li	calc
MEXCCEX	Hyperliquid	0.0%	6.3%	12.3%	8.2%	8.9%	13.3%	3.9d	cooling	$17.5M	8h/1h	Mx Hy	calc
BinanceCEX	Hyperliquid	0.0%	8.2%	13.1%	8.3%	8.1%	12.2%	5.3d	cooling	$17.5M	8h/1h	Bn Hy	calc
MEXCCEX	Aster	0.0%	6.3%	11.2%	4.2%	8.1%	12.1%	3.9d	cooling	$679k		Mx As	calc
MEXCCEX	Extended	0.4%	6.7%	10.0%	3.9%	7.6%	11.5%	3.3d	steady	$135k	8h/1h	Mx Ex	calc
GateCEX	Lighter	−0.4%	11.0%	11.5%	7.2%	7.5%	11.3%	4.8d	cooling	$209k	8h/1h	Gt Li	calc
BinanceCEX	Aster	0.0%	8.2%	12.0%	4.6%	7.3%	10.9%	5.5d	cooling	$679k		Bn As	calc
BinanceCEX	Extended	0.4%	8.7%	10.8%	4.3%	6.9%	10.3%	5.1d	steady	$135k	8h/1h	Bn Ex	calc
MEXCCEX	Variational	0.0%	1.1%	7.3%	1.0%	6.2%	9.4%	2.0d	cooling	$197k	spread not incl.	Mx Va	calc
GateCEX	Hyperliquid	0.0%	11.4%	12.2%	9.7%	5.9%	8.9%	7.2d	cooling	$17.5M	8h/1h	Gt Hy	calc
BinanceCEX	Variational	0.0%	3.1%	8.1%	1.6%	5.5%	8.2%	4.5d	cooling	$197k	spread not incl.	Bn Va	calc
GateCEX	Aster	0.0%	11.4%	11.1%	5.7%	5.1%	7.6%	7.6d	cooling	$679k		Gt As	calc
GateCEX	Extended	0.4%	11.8%	9.9%	5.4%	4.7%	7.0%	7.4d	steady	$135k	8h/1h	Gt Ex	calc
BybitCEX	Lighter	−0.4%	11.2%	7.5%	6.1%	4.6%	7.0%	5.3d	cooling	$209k	8h/1h	By Li	calc
MEXCCEX	GRVT	0.0%	4.6%	7.1%	2.1%	3.7%	5.6%	6.7d	cooling	$566k		Mx Gr	calc
GateCEX	Variational	0.0%	6.2%	7.2%	2.6%	3.3%	4.9%	7.6d	cooling	$197k	spread not incl.	Gt Va	calc
BybitCEX	Hyperliquid	0.0%	11.7%	8.2%	8.7%	3.0%	4.5%	8.9d	cooling	$17.5M	8h/1h	By Hy	calc
BinanceCEX	GRVT	0.0%	6.5%	7.9%	2.4%	3.0%	4.4%	8.8d	cooling	$566k		Bn Gr	calc
MEXCCEX	BitgetCEX	0.0%	−0.7%	6.9%	1.7%	2.7%	4.0%	8.5d	cooling	$21.7M		Mx Bg	calc
Variational	Hyperliquid	0.0%	5.2%	5.0%	7.2%	2.6%	3.9%	6.6d	weak	$197k	8h/1hspread not incl.	Va Hy	calc
BybitCEX	Aster	0.0%	11.7%	7.2%	4.7%	2.2%	3.3%	9.7d	cooling	$679k		By As	calc
Variational	Lighter	−0.4%	4.7%	4.3%	4.6%	4.3%	6.4%	<0.1d	mixed	$197k	8h/1hspread not incl.	Va Li	calc
BinanceCEX	BitgetCEX	0.0%	1.2%	7.7%	2.0%	1.9%	2.9%	10d	cooling	$23.5M		Bn Bg	calc
Variational	Aster	0.0%	5.2%	3.9%	3.2%	1.8%	2.7%	7.5d	weak	$197k	spread not incl.	Va As	calc
BybitCEX	Extended	0.4%	12.1%	5.9%	4.4%	1.8%	2.7%	9.8d	weak	$135k	8h/1h	By Ex	calc
BitgetCEX	Lighter	−0.4%	6.6%	4.7%	3.9%	1.6%	2.3%	9.3d	weak	$209k	8h/1h	Bg Li	calc
Variational	Extended	0.4%	5.6%	2.7%	2.9%	1.4%	2.1%	6.8d	weak	$135k	8h/1hspread not incl.	Va Ex	calc
GRVT	Lighter	−0.4%	1.3%	4.4%	3.5%	2.1%	3.1%	7.4d	mixed	$209k	8h/1h	Gr Li	calc
GateCEX	GRVT	0.0%	9.7%	7.0%	3.6%	0.8%	1.1%	12d	cooling	$566k		Gt Gr	calc
GRVT	Hyperliquid	0.0%	1.7%	5.1%	6.1%	0.5%	0.7%	13d	cooling	$566k	8h/1h	Gr Hy	calc
BybitCEX	Variational	0.0%	6.5%	3.3%	1.5%	0.4%	0.6%	12d	weak	$197k	spread not incl.	By Va	calc
Extended	Lighter	−0.9%	−0.9%	1.6%	1.7%	0.3%	0.4%	12d	mixed	$135k		Ex Li	calc
MEXCCEX	BybitCEX	0.0%	−5.4%	4.0%	−0.5%	0.1%	0.2%	14d	cooling	$21.7M		Mx By	calc
BitgetCEX	Hyperliquid	0.0%	7.0%	5.4%	6.5%	−0.1%	−0.1%	14d	cooling	$17.5M	8h/1h	Bg Hy	calc
GateCEX	BitgetCEX	0.0%	4.4%	6.8%	3.3%	−0.3%	−0.4%	15d	cooling	$23.5M		Gt Bg	calc
GRVT	Aster	0.0%	1.7%	4.1%	2.1%	−0.4%	−0.5%	15d	weak	$566k		Gr As	calc
BinanceCEX	BybitCEX	0.0%	−3.4%	4.8%	0.2%	−0.6%	−1.0%	16d	cooling	$36.8M		Bn By	calc
GRVT	Extended	0.4%	2.2%	2.9%	1.8%	−0.8%	−1.2%	18d	weak	$135k	8h/1h	Gr Ex	calc
BitgetCEX	Aster	0.0%	7.0%	4.3%	2.5%	−0.9%	−1.3%	17d	weak	$679k		Bg As	calc
BitgetCEX	Extended	0.4%	7.5%	3.1%	2.2%	−1.3%	−2.0%	20d	weak	$135k	8h/1h	Bg Ex	calc
Lighter	Hyperliquid	0.4%	0.4%	0.7%	2.6%	−1.6%	−2.4%	46d	weak	$209k		Li Hy	calc
BybitCEX	GRVT	0.0%	9.9%	3.1%	2.6%	−2.1%	−3.2%	24d	weak	$566k		By Gr	calc
GRVT	Variational	0.0%	−3.4%	0.2%	−1.1%	−2.2%	−3.3%	194d	weak	$197k	spread not incl.	Gr Va	calc
Lighter	Aster	0.4%	0.4%	−0.4%	−1.4%	−2.4%	−3.7%	—	weak	$209k	1h/8h	Li As	calc
BitgetCEX	Variational	0.0%	1.9%	0.4%	−0.7%	−2.7%	−4.1%	103d	weak	$197k	spread not incl.	Bg Va	calc
Extended	Hyperliquid	−0.4%	−0.4%	2.3%	4.3%	−1.4%	−2.1%	22d	mixed	$135k		Ex Hy	calc
GateCEX	BybitCEX	0.0%	−0.3%	3.9%	1.0%	−2.8%	−4.3%	24d	weak	$32.4M		Gt By	calc
Lighter	Extended	0.9%	0.9%	−1.6%	−1.7%	−2.9%	−4.3%	—	weak	$135k		Li Ex	calc
BybitCEX	BitgetCEX	0.0%	4.6%	2.8%	2.2%	−3.2%	−4.8%	30d	weak	$23.5M		By Bg	calc
Aster	Hyperliquid	0.0%	0.0%	1.1%	4.0%	−3.4%	−5.0%	58d	weak	$679k	8h/1h	As Hy	calc
Aster	Lighter	−0.4%	−0.4%	0.4%	1.4%	−1.7%	−2.6%	80d	mixed	$209k	8h/1h	As Li	calc
Lighter	Variational	0.4%	−4.7%	−4.3%	−4.6%	−4.3%	−6.4%	—	weak	$197k	1h/8hspread not incl.	Li Va	calc
Extended	Aster	−0.4%	−0.4%	1.2%	0.3%	−2.2%	−3.3%	40d	mixed	$135k	1h/8h	Ex As	calc
Aster	Extended	0.4%	0.4%	−1.2%	−0.3%	−4.6%	−6.9%	—	weak	$135k	8h/1h	As Ex	calc
BitgetCEX	GRVT	0.0%	5.3%	0.3%	0.4%	−5.2%	−7.8%	300d	weak	$566k		Bg Gr	calc
BinanceCEX	MEXCCEX	0.0%	2.0%	0.8%	0.2%	−2.9%	−4.3%	64d	mixed	$21.7M		Bn Mx	calc
Hyperliquid	Extended	0.4%	0.4%	−2.3%	−4.3%	−5.9%	−8.9%	—	weak	$135k		Hy Ex	calc
MEXCCEX	GateCEX	0.0%	−5.1%	0.1%	−1.5%	−4.9%	−7.3%	738d	mixed	$21.7M		Mx Gt	calc
BinanceCEX	GateCEX	0.0%	−3.1%	0.9%	−1.2%	−5.6%	−8.4%	102d	mixed	$32.4M		Bn Gt	calc
Lighter	GRVT	0.4%	−1.3%	−4.4%	−3.5%	−6.8%	−10.2%	—	mixed	$209k	1h/8h	Li Gr	calc
Lighter	BitgetCEX	0.4%	−6.6%	−4.7%	−3.9%	−7.8%	−11.7%	—	mixed	$209k	1h/8h	Li Bg	calc
Lighter	BybitCEX	0.4%	−11.2%	−7.5%	−6.1%	−10.4%	−15.6%	—	mixed	$209k	1h/8h	Li By	calc
Lighter	MEXCCEX	0.4%	−5.9%	−11.5%	−5.6%	−12.6%	−18.9%	—	mixed	$209k	1h/8h	Li Mx	calc
Lighter	BinanceCEX	0.4%	−7.8%	−12.3%	−6.2%	−15.0%	−22.4%	—	mixed	$209k	1h/8h	Li Bn	calc
Lighter	GateCEX	0.4%	−11.0%	−11.5%	−7.2%	−15.4%	−23.0%	—	mixed	$209k	1h/8h	Li Gt	calc

What the columns and badges mean

now: Current funding spread APR: short-leg rate minus long-leg rate, annualized.
24h: Average spread APR over the last 24 hours, on hours when both venues have data (settled funding, plus predicted rates for hours not settled yet).
7d: Average spread APR over the last 7 days, on hours when both venues have data (settled funding, plus predicted rates for hours not settled yet). Used for ranking and net APR.
30d: Average spread APR over the last 30 days, on hours when both venues have data (settled funding, plus predicted rates for hours not settled yet).
7d trend: Spread APR over the last 7 days in 6-hour averages; the dashed line is zero.
Net APR: 7d spread APR minus taker fees to open and close both legs, spread over the holding period: net = spread7d − fees × 365 / days. Per unit of notional per leg.
On capital: Net APR on the capital posted for both legs at this leverage: net × leverage / 2.
Breakeven: Days of 7d-average funding needed to pay back open+close taker fees.
Min OI: Smaller open interest of the two legs, USD.
steady: Steady: prior-week spread at least 5% APR, last 24h positive and no spike, positive now. Not negative in X% of hours over 7 days.
spike: The last 24h spread is far above the prior 6-day average (more than 3×, or above 15% APR after a weak prior) — it may not last.
mixed: The spread was negative too often: not negative in only X% of hours over 7 days.
new: Less than 4 days of shared history in the prior week: stability cannot be judged yet.
weak: Prior-week spread under 5% APR: too small to call steady.
cooling: The prior week was solid, but the last 24h or the current spread is not positive.
≠ asset?: Mark prices differ by N bps — these may be different assets under one ticker, or contracts of a different size (e.g. per 1,000 coins). Verify before trading.
stale: At least one leg has not updated for over 30 minutes.
low OI: Open interest under $50k on at least one leg — size carefully.
8h/1h: Funding intervals differ (8h vs 1h): payments are not simultaneous.
TradFi: Tokenized stock, index or commodity: trading sessions and oracle rules may differ.
invite only: Invite-only venue: an account needs an invite code, so it is not selected by default. Tick it in the venue filter to include it.
spread not incl.: A leg trades on quotes with no fee (Variational): the cost is the market maker's quote spread, which we cannot see, so the net APR is before it. Compare the quote with the mark price before you trade.
CEX: Centralized exchange: trading needs an account with identity verification (KYC).

Prices now

Buy on the row's venue at its ask, sell on the column's venue at its bid; spread before fees.

Indicative · marks from 2026-10-12 03:51 UTC

Live quotes are unavailable right now (last update: never). Shown instead: indicative spreads between mark prices from the funding snapshot. Marks are taken minutes apart and are not prices you can trade at.

Indicative (mark or mid prices): buy on Variational at 0.200828, sell on Hyperliquid at 0.20152: 0.344% before fees, 0.254% after taker fees.

XLM: spread buying on the row's venue and selling on the column's venue
Buy ↓ · Sell →	Hyperliquid0.20152	Binance0.20148	Aster0.201474	Bitget0.20144	MEXC0.20143	GRVT0.201425	Gate0.20142	Bybit0.2014	Lighter0.20129	RWA Perp0.2012	Extended0.201161	Variational0.200828
Variational0.200828	0.344%	0.324%	0.321%	0.304%	0.299%	0.297%	0.294%	0.284%	0.230%	0.185%	0.166%	—
Extended0.201161	0.178%	0.158%	0.155%	0.138%	0.134%	0.131%	0.129%	0.119%	0.064%	0.019%	—	−0.166%
RWA Perp0.2012	0.159%	0.139%	0.136%	0.119%	0.114%	0.112%	0.109%	0.099%	0.045%	—	−0.019%	−0.185%
Lighter0.20129	0.114%	0.094%	0.091%	0.074%	0.070%	0.067%	0.065%	0.055%	—	−0.045%	−0.064%	−0.230%
Bybit0.2014	0.060%	0.040%	0.037%	0.020%	0.015%	0.013%	0.010%	—	−0.055%	−0.099%	−0.119%	−0.284%
Gate0.20142	0.050%	0.030%	0.027%	0.010%	0.005%	0.003%	—	−0.010%	−0.065%	−0.109%	−0.129%	−0.294%
GRVT0.201425	0.047%	0.027%	0.024%	0.007%	0.002%	—	−0.003%	−0.013%	−0.067%	−0.112%	−0.131%	−0.297%
MEXC0.20143	0.045%	0.025%	0.022%	0.005%	—	−0.002%	−0.005%	−0.015%	−0.070%	−0.114%	−0.134%	−0.299%
Bitget0.20144	0.040%	0.020%	0.017%	—	−0.005%	−0.007%	−0.010%	−0.020%	−0.074%	−0.119%	−0.138%	−0.304%
Aster0.201474	0.023%	0.003%	—	−0.017%	−0.022%	−0.024%	−0.027%	−0.037%	−0.091%	−0.136%	−0.155%	−0.321%
Binance0.20148	0.020%	—	−0.003%	−0.020%	−0.025%	−0.027%	−0.030%	−0.040%	−0.094%	−0.139%	−0.158%	−0.324%
Hyperliquid0.20152	—	−0.020%	−0.023%	−0.040%	−0.045%	−0.047%	−0.050%	−0.060%	−0.114%	−0.159%	−0.178%	−0.344%

All quotes (12)

Venue	Bid	Ask	Quality	Age	Vol 24h	Flags
Aster	0.201474	0.201474	mark	5m	$126k	no FX
BinanceCEX	0.20148	0.20148	mark	5m	$49.5M	no FX
BitgetCEX	0.20144	0.20144	mark	5m	$7.3M	no FX
BybitCEX	0.2014	0.2014	mark	5m	$16.6M	no FX
Extended	0.201161	0.201161	mark	5m	$252k
GateCEX	0.20142	0.20142	mark	5m	$2.9M	no FX
GRVT	0.201425	0.201425	mark	5m	$585k	no FX
Hyperliquid	0.20152	0.20152	mark	5m	$2.7M
Lighter	0.20129	0.20129	mark	5m	$130k
MEXCCEX	0.20143	0.20143	mark	5m	$15.0M	no FX
RWA Perp	0.2012	0.2012	mark	5m	$0
Variational	0.200828	0.200828	mark	5m	$287k

All spreads → · Hatched cells use a mark or mid price, a flagged venue or one outside the default selection.

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