15 venues list an XPL perpetual: 9 charge funding every hour, 5 continuously.
Aevo
ApeX
Aster
Avantis
Extended
GMX
gTrade
Hyperliquid
Lighter
Merkle
Pacifica
Paradex
Variational Up to 10x, settled in USDC.
No. A perpetual position tracks price and does not confer ownership of the underlying.
Yes — a short perpetual position uses the same margin mechanics as a long.