Volume Monitor
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XPL live: funding rate, open interest, liquidations & volume spikes

XPL trades on 8 exchanges tracked by Volume Monitor (Binance, Bitget, Bybit, Gate, HTX, Hyperliquid, KuCoin and MEXC) across 8 perpetual futures and 3 spot markets. The last price is 0.1057 USD on Hyperliquid (+0.68% in the last hour), and 24h volume is $335.75M ($292.40M perps, $43.35M spot). Perpetual open interest totals $223.60M. The OI-weighted funding rate is 0.0252% per 8h (≈28% APR), so longs pay shorts. $152K of XPL positions were liquidated on Binance, Bybit, Bitget, Gate and HTX in the last 3 hours (since tracking began), 92% longs and 8% shorts. The scanner flagged 68 volume spikes on XPL since it started.

Tracking for ~3h Updates every 5 s MarketsLong/shortSpikesLiquidations

PriceHyperliquid perp
0.1057
1h +0.68% 24h —
24h volumespot + perp
$335.75M
Perp $292.40MSpot $43.35M
Open interest8 perps
$223.60M
1h — 24h —
Funding, 8hOI-weighted
0.0252%
≈28% APRlongs pay shorts
Liquidations 24hpartial
$152K
Longs $139KShorts $13K
Volume spikes 24hpartial
68
Net spike flow-$9.15M

XPL markets: funding rate & open interest by exchange

Funding as 8h equivalent (hover for APR) · OI changes need history
Market Price 1h 24h 24h volume Funding 8h Open interest OI 1h OI 4h OI 24h Trade
Hyperliquid perp XPL 0.1057 +0.68% — $62.09M 0.0430% $105.54M +2.16% — — Trade
Binance perp XPLUSDT 0.1057 +0.70% — $129.85M 0.0100% $56.43M +0.30% — — Trade
Bybit perp XPLUSDT 0.1056 +0.73% — $64.23M 0.0065% $27.41M +1.17% — — Trade
MEXC perp XPL_USDT 0.1058 — — $15.22M 0.0100% $20.09M — — — Trade
Bitget perp XPLUSDT 0.1059 +1.07% — $13.94M 0.0100% $9.79M +2.08% — — Trade
KuCoin perp XPLUSDTM 0.1056 — — $1.65M 0.0100% $2.27M — — — Trade
Gate perp XPL_USDT 0.1058 — — $5.22M 0.0100% $1.91M — — — Trade
HTX perp XPL-USDT 0.1056 +1.28% — $214K 0.0800% $151K +0.50% — — Trade
Binance spot XPLUSDT 0.1057 +0.75% — $29.41M — — — — — Trade
Bybit spot XPLUSDT 0.1057 +0.77% — $10.23M — — — — — Trade
Binance spot XPLUSDC 0.1056 +0.56% — $3.71M — — — — — Trade

Price and OI changes appear once the server has enough history: it records 5-minute snapshots since its last restart (~3h ago), so 1h values fill in after an hour and 24h values after a day. Trade links go to the exchange and may be referral links.

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XPL long/short ratio

All coins' long/short ratios →
Binance accounts
56.7% longRatio 1.31
Short 43.3%1h -1.34h -2.024h -7.5
Binance top traders
73.3% longRatio 2.75
Short 26.7%1h +1.24h +1.924h +5.7
Bybit accounts
71.5% longRatio 2.51
Short 28.5%1h -0.24h -0.124h -0.4
Binance accountsBinance top tradersBybit accounts50% = even

Share of longs; changes in percentage points (pp). Accounts = share of accounts with a net long position; top traders = share of the combined position of Binance's top 20% of traders by margin that is long. New points every 5 minutes; 24h history backfilled from the exchanges.

Spikes on record68
Buy-side13
Mixed20
Sell-side35
Time Venue Type Side $ in 1m × normal Buy % +5m +15m +1h
7m ago BYB perp VOL BUY $169K 4.7× 94% -0.35%——
24m ago BYB perp VOL SELL $509K 13.3× 18% -0.48%-0.87%—
31m ago HL perp VOL BUY $538K 15.8× 87% +0.46%-1.12%—
32m ago HL perp VOL BUY $261K 7.7× 89% +1.25%+0.02%—
32m ago BYB perp VOL MIXED $371K 10.4× 51% +1.19%-0.22%—
32m ago BIN perp VOL MIXED $2.15M 22.6× 48% +1.24%+0.27%—
32m ago BYB spot VOL BUY $72K 12.4× 68% +1.18%+0.26%—
32m ago BIN spot VOL BUY $38K 59.7× 82% +1.14%+0.19%—
32m ago BIN spot VOL BUY $224K 13.6× 68% +1.17%+0.26%—
45m ago BYB spot VOL BUY $32K 4.4× 92% +0.27%+2.03%—
66m ago HL perp VOL BUY $734K 7.7× 97% +0.02%+0.29%+1.37%
82m ago HL perp VOL SELL $1.00M 13.4× 10% +0.38%+0.10%+2.72%
82m ago BYB perp VOL SELL $274K 4.6× 30% +0.31%+0.04%+2.57%
82m ago BIN perp VOL SELL $1.15M 6.6× 38% +0.27%+0.01%+2.59%
82m ago BIN spot VOL SELL $36K 15.7× 24% +0.24%-0.24%+2.37%
82m ago BIN spot VOL SELL $213K 5.4× 32% +0.25%-0.01%+2.54%
83m ago HL perp VOL SELL $291K 4.1× 5% -0.42%-0.74%+2.13%
83m ago BYB spot VOL SELL $54K 5.7× 26% -0.43%-0.74%+1.97%
2h ago HL perp VOL BUY $138K 5.3× 92% +0.51%-1.46%+0.11%
2h ago BYB perp VOL SELL $226K 4.2× 21% +1.05%-0.66%+0.55%
2h ago BYB spot VOL BUY $36K 5.3× 80% +0.08%-0.42%+0.28%
2h ago HL perp VOL MIXED $231K 17.6× 46% +0.62%-0.09%+0.48%
2h ago BIN spot VOL MIXED $92K 4.5× 47% -0.15%+0.44%+0.27%
2h ago BIN perp VOL SELL $451K 4.1× 38% +0.11%+0.92%+0.53%
2h ago HL perp VOL SELL $562K 58.7× 19% -0.13%+1.32%-0.05%
2h ago BYB perp VOL SELL $470K 11.9× — -0.90%+0.29%-0.42%
2h ago BYB spot VOL SELL $68K 12.8× — -0.89%+0.24%-0.42%
2h ago BIN perp VOL SELL $1.36M 14.4× 34% -0.86%+0.34%-0.41%
2h ago BIN spot VOL MIXED $218K 13.7× 43% -0.83%+0.35%-0.38%
2h ago HL perp VOL SELL $119K 12.8× 15% -1.06%-0.91%-1.12%
2h ago BYB perp VOL SELL $626K 17.9× 23% -0.27%-1.34%-1.47%
2h ago BYB spot VOL MIXED $64K 12.9× 50% -0.25%-1.36%-1.42%
2h ago HL perp VOL SELL $226K 24.4× 10% -0.53%-2.05%-1.60%
2h ago BYB perp VOL MIXED $252K 7.2× 57% -0.55%-2.04%-1.75%
2h ago BIN perp VOL MIXED $379K 4.5× 40% -0.50%-2.02%-1.70%
2h ago BIN spot VOL MIXED $83K 5.5× 50% -0.51%-2.01%-1.69%
2h ago HL perp VOL SELL $2.11M 230.3× 24% -0.27%-1.86%-1.99%
2h ago BYB spot VOL MIXED $105K 21.9× 50% -0.31%-1.79%-2.15%
2h ago BIN perp VOL MIXED $1.98M 23.8× 50% -0.32%-1.86%-2.09%
2h ago BYB perp VOL MIXED $521K 16.1× 42% +0.31%-1.46%-1.53%
2h ago BYB spot VOL MIXED $46K 9.6× 41% +0.29%-1.49%-1.55%
2h ago BIN perp VOL SELL $740K 8.9× 38% +0.32%-1.47%-1.50%
2h ago BIN spot VOL BUY $57K 66.5× 60% +0.30%-1.68%-1.70%
2h ago BIN spot VOL SELL $712K 47.8× 16% +0.32%-1.42%-1.51%
2h ago HL perp VOL SELL $135K 15.4× 17% -0.48%-2.37%-2.46%
2h ago HL perp VOL SELL $580K 67.0× 38% +0.22%-0.80%-2.26%
2h ago BYB perp VOL MIXED $885K 26.1× 51% +0.06%-0.97%-2.46%
2h ago BYB spot VOL SELL $82K 17.3× 37% +0.11%-0.94%-2.42%
2h ago BIN perp VOL MIXED $3.50M 41.9× 49% +0.20%-0.83%-2.29%
2h ago BIN spot VOL SELL $71K 103.3× 23% +0.31%-0.88%-2.35%
2h ago BIN spot VOL MIXED $312K 21.4× 44% +0.19%-0.87%-2.35%
3h ago HL perp VOL BUY $190K 9.0× 99% -0.11%-0.49%-4.32%
3h ago BYB perp VOL SELL $465K 10.4× 24% +0.87%+0.83%-0.95%
3h ago HL perp VOL SELL $155K 4.5× 5% -0.17%-0.07%-1.75%
3h ago BYB perp VOL MIXED $202K 4.5× — +0.22%+0.59%-1.58%
3h ago HL perp VOL SELL $1.86M 153.1× 10% +1.31%+1.56%+1.64%
3h ago BYB perp VOL SELL $2.24M 67.2× 31% +1.19%+1.46%+1.52%
3h ago BYB spot VOL MIXED $241K 64.6× 53% +1.25%+1.45%+1.58%
3h ago BIN spot VOL BUY $39K 68.1× 66% +1.29%+1.35%+1.51%
3h ago BIN spot VOL MIXED $431K 41.7× 51% +1.29%+1.53%+1.57%
3h ago BIN perp VOL SELL $2.92M 46.0× 31% +1.30%+1.54%+1.59%
3h ago BIN perp VOL SELL $647K 11.6× 28% -0.99%-0.61%-0.60%
3h ago BIN spot VOL SELL $139K 13.6× 37% -1.00%-0.58%-0.63%
3h ago HL perp VOL SELL $145K 14.6× 8% -2.34%-1.15%-0.90%
3h ago BIN perp VOL SELL $226K 4.8× 24% -2.27%-1.16%-0.93%
3h ago BIN spot VOL SELL $53K 5.7× 16% -2.00%-1.49%-1.12%
3h ago BYB perp VOL SELL $247K 16.1× 8% -3.16%-1.54%-1.13%
3h ago BYB perp VOL MIXED $252K 7.2× 53% -1.25%-2.42%-1.97%

Newest first, up to 100. +5m / +15m / +1h show the price change after each spike and fill in as time passes. They describe the past, not a prediction.

XPL liquidations: long vs short

All liquidations →

XPL perps trade only on Hyperliquid, which does not publish a liquidation feed.

About the XPL numbers

XPL funding rate

Perpetual futures have no expiry, so exchanges keep their price close to spot with periodic funding payments between longs and shorts. A positive XPL funding rate means longs pay shorts (more demand for leveraged longs); negative means shorts pay longs. Rates here are converted to an 8-hour equivalent so exchanges with 1h, 4h and 8h intervals compare directly, and the headline figure is weighted by each exchange's open interest.

XPL open interest

Open interest is the USD value of all open XPL perpetual positions. Rising OI alongside a price move means new positions are opening; falling OI means positions are closing (including liquidations). OI changes are measured from 5-minute snapshots.

XPL liquidations

A liquidation is a leveraged position the exchange closed by force. Long liquidations are forced sells that hit when price drops; short liquidations are forced buys when price rises. The long/short split shows which side was caught.

XPL long/short ratio

The share of traders long versus short on XPL perpetuals. Accounts figures count each account once (the share with a net long position on Binance, or holding a long on Bybit); the Binance top traders figure is the share of the combined position of the top 20% of Binance traders by margin that is long. A ratio above 1 means more longs than shorts. Retail account ratios lean long most of the time, so changes and divergences say more than the level. See the XPL long/short ratio page.

XPL volume spikes

A spike is a minute where one XPL market traded at least 4× its normal minute volume, with a size floor. Buy % is the share of taker buys. The +5m / +15m / +1h columns show what price did afterwards. They are history, not a signal. Not financial advice.