Backpack vs Binance Funding Rates: 73 Coins Compared
As of 2026-10-03 01:13 UTC, Backpack and Binance share 73 liquid perpetual markets. Backpack has the higher funding rate on 38 of them (52%), and the average gap is 0.0191% per 8 hours (20.92% APR). The widest gap is 2Z at 0.1773% per 8 hours (194.15% APR): short on Backpack and long on Binance.
Largest funding gaps between Backpack and Binance
- 0.1773%Gap per 8h
- Backpack per 8h
- -0.3856%
- Binance per 8h
- -0.5629%
- Funding arbitrage
- Short Backpack, long Binance
- 0.1245%Gap per 8h
- Backpack per 8h
- -0.1145%
- Binance per 8h
- 0.0100%
- Funding arbitrage
- Short Binance, long Backpack
- 0.0999%Gap per 8h
- Backpack per 8h
- -0.0899%
- Binance per 8h
- 0.0100%
- Funding arbitrage
- Short Binance, long Backpack
- 0.0970%Gap per 8h
- Backpack per 8h
- 0.1070%
- Binance per 8h
- 0.0100%
- Funding arbitrage
- Short Backpack, long Binance
- 0.0787%Gap per 8h
- Backpack per 8h
- -0.0687%
- Binance per 8h
- 0.0100%
- Funding arbitrage
- Short Binance, long Backpack
- 0.0730%Gap per 8h
- Backpack per 8h
- -0.0630%
- Binance per 8h
- 0.0100%
- Funding arbitrage
- Short Binance, long Backpack
- 0.0701%Gap per 8h
- Backpack per 8h
- 0.0769%
- Binance per 8h
- 0.0068%
- Funding arbitrage
- Short Backpack, long Binance
- 0.0598%Gap per 8h
- Backpack per 8h
- -0.0523%
- Binance per 8h
- 0.0075%
- Funding arbitrage
- Short Binance, long Backpack
- 0.0487%Gap per 8h
- Backpack per 8h
- 0.0044%
- Binance per 8h
- -0.0443%
- Funding arbitrage
- Short Backpack, long Binance
- 0.0435%Gap per 8h
- Backpack per 8h
- -0.0335%
- Binance per 8h
- 0.0100%
- Funding arbitrage
- Short Binance, long Backpack
- 0.0433%Gap per 8h
- Backpack per 8h
- 0.0533%
- Binance per 8h
- 0.0100%
- Funding arbitrage
- Short Backpack, long Binance
- 0.0396%Gap per 8h
- Backpack per 8h
- -0.0383%
- Binance per 8h
- 0.0014%
- Funding arbitrage
- Short Binance, long Backpack
- 0.0319%Gap per 8h
- Backpack per 8h
- 0.0419%
- Binance per 8h
- 0.0100%
- Funding arbitrage
- Short Backpack, long Binance
- 0.0312%Gap per 8h
- Backpack per 8h
- 0.0412%
- Binance per 8h
- 0.0100%
- Funding arbitrage
- Short Backpack, long Binance
- 0.0284%Gap per 8h
- Backpack per 8h
- -0.0184%
- Binance per 8h
- 0.0100%
- Funding arbitrage
- Short Binance, long Backpack
- 0.0258%Gap per 8h
- Backpack per 8h
- 0.0253%
- Binance per 8h
- -0.0005%
- Funding arbitrage
- Short Backpack, long Binance
- 0.0235%Gap per 8h
- Backpack per 8h
- -0.0135%
- Binance per 8h
- 0.0100%
- Funding arbitrage
- Short Binance, long Backpack
- 0.0179%Gap per 8h
- Backpack per 8h
- 0.0100%
- Binance per 8h
- -0.0079%
- Funding arbitrage
- Short Backpack, long Binance
- 0.0157%Gap per 8h
- Backpack per 8h
- 0.0083%
- Binance per 8h
- -0.0074%
- Funding arbitrage
- Short Backpack, long Binance
- 0.0145%Gap per 8h
- Backpack per 8h
- 0.0245%
- Binance per 8h
- 0.0100%
- Funding arbitrage
- Short Backpack, long Binance
- 0.0145%Gap per 8h
- Backpack per 8h
- 0.0100%
- Binance per 8h
- -0.0045%
- Funding arbitrage
- Short Backpack, long Binance
- 0.0142%Gap per 8h
- Backpack per 8h
- -0.0167%
- Binance per 8h
- -0.0024%
- Funding arbitrage
- Short Binance, long Backpack
- 0.0134%Gap per 8h
- Backpack per 8h
- -0.0034%
- Binance per 8h
- 0.0100%
- Funding arbitrage
- Short Binance, long Backpack
- 0.0132%Gap per 8h
- Backpack per 8h
- 0.0232%
- Binance per 8h
- 0.0100%
- Funding arbitrage
- Short Backpack, long Binance
- 0.0130%Gap per 8h
- Backpack per 8h
- 0.0100%
- Binance per 8h
- -0.0030%
- Funding arbitrage
- Short Backpack, long Binance
- 0.0127%Gap per 8h
- Backpack per 8h
- 0.0100%
- Binance per 8h
- -0.0027%
- Funding arbitrage
- Short Backpack, long Binance
- 0.0112%Gap per 8h
- Backpack per 8h
- 0.0100%
- Binance per 8h
- -0.0012%
- Funding arbitrage
- Short Backpack, long Binance
- 0.0101%Gap per 8h
- Backpack per 8h
- 0.0100%
- Binance per 8h
- -0.0001%
- Funding arbitrage
- Short Backpack, long Binance
- 0.0101%Gap per 8h
- Backpack per 8h
- -0.0085%
- Binance per 8h
- 0.0016%
- Funding arbitrage
- Short Binance, long Backpack
- 0.0094%Gap per 8h
- Backpack per 8h
- -0.0099%
- Binance per 8h
- -0.0004%
- Funding arbitrage
- Short Binance, long Backpack
- 0.0093%Gap per 8h
- Backpack per 8h
- 0.0100%
- Binance per 8h
- 0.0007%
- Funding arbitrage
- Short Backpack, long Binance
- 0.0091%Gap per 8h
- Backpack per 8h
- 0.0100%
- Binance per 8h
- 0.0009%
- Funding arbitrage
- Short Backpack, long Binance
- 0.0091%Gap per 8h
- Backpack per 8h
- 0.0191%
- Binance per 8h
- 0.0100%
- Funding arbitrage
- Short Backpack, long Binance
- 0.0088%Gap per 8h
- Backpack per 8h
- -0.0157%
- Binance per 8h
- -0.0069%
- Funding arbitrage
- Short Binance, long Backpack
- 0.0082%Gap per 8h
- Backpack per 8h
- 0.0059%
- Binance per 8h
- -0.0023%
- Funding arbitrage
- Short Backpack, long Binance
- 0.0074%Gap per 8h
- Backpack per 8h
- 0.0100%
- Binance per 8h
- 0.0026%
- Funding arbitrage
- Short Backpack, long Binance
- 0.0070%Gap per 8h
- Backpack per 8h
- 0.0100%
- Binance per 8h
- 0.0030%
- Funding arbitrage
- Short Backpack, long Binance
- 0.0068%Gap per 8h
- Backpack per 8h
- 0.0100%
- Binance per 8h
- 0.0032%
- Funding arbitrage
- Short Backpack, long Binance
- 0.0067%Gap per 8h
- Backpack per 8h
- 0.0100%
- Binance per 8h
- 0.0033%
- Funding arbitrage
- Short Backpack, long Binance
- 0.0059%Gap per 8h
- Backpack per 8h
- 0.0100%
- Binance per 8h
- 0.0041%
- Funding arbitrage
- Short Backpack, long Binance
- 0.0057%Gap per 8h
- Backpack per 8h
- 0.0030%
- Binance per 8h
- 0.0086%
- Funding arbitrage
- Short Binance, long Backpack
- 0.0056%Gap per 8h
- Backpack per 8h
- -0.0103%
- Binance per 8h
- -0.0048%
- Funding arbitrage
- Short Binance, long Backpack
- 0.0054%Gap per 8h
- Backpack per 8h
- 0.0100%
- Binance per 8h
- 0.0046%
- Funding arbitrage
- Short Backpack, long Binance
- 0.0053%Gap per 8h
- Backpack per 8h
- 0.0100%
- Binance per 8h
- 0.0047%
- Funding arbitrage
- Short Backpack, long Binance
- 0.0049%Gap per 8h
- Backpack per 8h
- 0.0149%
- Binance per 8h
- 0.0100%
- Funding arbitrage
- Short Backpack, long Binance
- 0.0046%Gap per 8h
- Backpack per 8h
- 0.0054%
- Binance per 8h
- 0.0100%
- Funding arbitrage
- Short Binance, long Backpack
- 0.0046%Gap per 8h
- Backpack per 8h
- 0.0100%
- Binance per 8h
- 0.0054%
- Funding arbitrage
- Short Backpack, long Binance
- 0.0028%Gap per 8h
- Backpack per 8h
- 0.0100%
- Binance per 8h
- 0.0072%
- Funding arbitrage
- Short Backpack, long Binance
- 0.0026%Gap per 8h
- Backpack per 8h
- 0.0074%
- Binance per 8h
- 0.0048%
- Funding arbitrage
- Short Backpack, long Binance
- 0.0025%Gap per 8h
- Backpack per 8h
- -0.0375%
- Binance per 8h
- -0.0400%
- Funding arbitrage
- Short Backpack, long Binance
- 0.0023%Gap per 8h
- Backpack per 8h
- 0.0100%
- Binance per 8h
- 0.0077%
- Funding arbitrage
- Short Backpack, long Binance
- 0.0017%Gap per 8h
- Backpack per 8h
- -0.0051%
- Binance per 8h
- -0.0068%
- Funding arbitrage
- Short Backpack, long Binance
- 0.0013%Gap per 8h
- Backpack per 8h
- 0.0100%
- Binance per 8h
- 0.0087%
- Funding arbitrage
- Short Backpack, long Binance
- 0.0007%Gap per 8h
- Backpack per 8h
- 0.0069%
- Binance per 8h
- 0.0062%
- Funding arbitrage
- Short Backpack, long Binance
- 0.0001%Gap per 8h
- Backpack per 8h
- 0.0100%
- Binance per 8h
- 0.0099%
- Funding arbitrage
- Short Backpack, long Binance
- 0.0000%Gap per 8h
- Backpack per 8h
- 0.0100%
- Binance per 8h
- 0.0100%
- Funding arbitrage
- Short Binance, long Backpack
- 0.0000%Gap per 8h
- Backpack per 8h
- 0.0100%
- Binance per 8h
- 0.0100%
- Funding arbitrage
- Short Binance, long Backpack
- 0.0000%Gap per 8h
- Backpack per 8h
- 0.0100%
- Binance per 8h
- 0.0100%
- Funding arbitrage
- Short Binance, long Backpack
- 0.0000%Gap per 8h
- Backpack per 8h
- 0.0100%
- Binance per 8h
- 0.0100%
- Funding arbitrage
- Short Binance, long Backpack
- 0.0000%Gap per 8h
- Backpack per 8h
- 0.0100%
- Binance per 8h
- 0.0100%
- Funding arbitrage
- Short Binance, long Backpack
- 0.0000%Gap per 8h
- Backpack per 8h
- 0.0100%
- Binance per 8h
- 0.0100%
- Funding arbitrage
- Short Binance, long Backpack
- 0.0000%Gap per 8h
- Backpack per 8h
- 0.0100%
- Binance per 8h
- 0.0100%
- Funding arbitrage
- Short Binance, long Backpack
- 0.0000%Gap per 8h
- Backpack per 8h
- 0.0100%
- Binance per 8h
- 0.0100%
- Funding arbitrage
- Short Binance, long Backpack
- 0.0000%Gap per 8h
- Backpack per 8h
- 0.0100%
- Binance per 8h
- 0.0100%
- Funding arbitrage
- Short Binance, long Backpack
- 0.0000%Gap per 8h
- Backpack per 8h
- 0.0100%
- Binance per 8h
- 0.0100%
- Funding arbitrage
- Short Binance, long Backpack
- 0.0000%Gap per 8h
- Backpack per 8h
- 0.0100%
- Binance per 8h
- 0.0100%
- Funding arbitrage
- Short Binance, long Backpack
- 0.0000%Gap per 8h
- Backpack per 8h
- 0.0100%
- Binance per 8h
- 0.0100%
- Funding arbitrage
- Short Binance, long Backpack
- 0.0000%Gap per 8h
- Backpack per 8h
- 0.0100%
- Binance per 8h
- 0.0100%
- Funding arbitrage
- Short Binance, long Backpack
- 0.0000%Gap per 8h
- Backpack per 8h
- 0.0100%
- Binance per 8h
- 0.0100%
- Funding arbitrage
- Short Binance, long Backpack
- 0.0000%Gap per 8h
- Backpack per 8h
- 0.0100%
- Binance per 8h
- 0.0100%
- Funding arbitrage
- Short Binance, long Backpack
- 0.0000%Gap per 8h
- Backpack per 8h
- 0.0100%
- Binance per 8h
- 0.0100%
- Funding arbitrage
- Short Binance, long Backpack
- 0.0000%Gap per 8h
- Backpack per 8h
- 0.0100%
- Binance per 8h
- 0.0100%
- Funding arbitrage
- Short Binance, long Backpack
- 0.0000%Gap per 8h
- Backpack per 8h
- 0.0100%
- Binance per 8h
- 0.0100%
- Funding arbitrage
- Short Binance, long Backpack
| 2Z | -0.3856% | -0.5629% | 0.1773% | Short Backpack, long Binance |
| EDGE | -0.1145% | 0.0100% | 0.1245% | Short Binance, long Backpack |
| CHIP | -0.0899% | 0.0100% | 0.0999% | Short Binance, long Backpack |
| CC | 0.1070% | 0.0100% | 0.0970% | Short Backpack, long Binance |
| PYTH | -0.0687% | 0.0100% | 0.0787% | Short Binance, long Backpack |
| BILL | -0.0630% | 0.0100% | 0.0730% | Short Binance, long Backpack |
| JTO | 0.0769% | 0.0068% | 0.0701% | Short Backpack, long Binance |
| KMNO | -0.0523% | 0.0075% | 0.0598% | Short Binance, long Backpack |
| PEPE | 0.0044% | -0.0443% | 0.0487% | Short Backpack, long Binance |
| ZRO | -0.0335% | 0.0100% | 0.0435% | Short Binance, long Backpack |
| AVNT | 0.0533% | 0.0100% | 0.0433% | Short Backpack, long Binance |
| HBAR | -0.0383% | 0.0014% | 0.0396% | Short Binance, long Backpack |
| LIT | 0.0419% | 0.0100% | 0.0319% | Short Backpack, long Binance |
| PUMP | 0.0412% | 0.0100% | 0.0312% | Short Backpack, long Binance |
| PENGU | -0.0184% | 0.0100% | 0.0284% | Short Binance, long Backpack |
| PENDLE | 0.0253% | -0.0005% | 0.0258% | Short Backpack, long Binance |
| TRUMP | -0.0135% | 0.0100% | 0.0235% | Short Binance, long Backpack |
| APT | 0.0100% | -0.0079% | 0.0179% | Short Backpack, long Binance |
| XRP | 0.0083% | -0.0074% | 0.0157% | Short Backpack, long Binance |
| AERO | 0.0245% | 0.0100% | 0.0145% | Short Backpack, long Binance |
| XLM | 0.0100% | -0.0045% | 0.0145% | Short Backpack, long Binance |
| ARB | -0.0167% | -0.0024% | 0.0142% | Short Binance, long Backpack |
| ZORA | -0.0034% | 0.0100% | 0.0134% | Short Binance, long Backpack |
| XMR | 0.0232% | 0.0100% | 0.0132% | Short Backpack, long Binance |
| LINK | 0.0100% | -0.0030% | 0.0130% | Short Backpack, long Binance |
| CRV | 0.0100% | -0.0027% | 0.0127% | Short Backpack, long Binance |
| ENA | 0.0100% | -0.0012% | 0.0112% | Short Backpack, long Binance |
| BONK | 0.0100% | -0.0001% | 0.0101% | Short Backpack, long Binance |
| LTC | -0.0085% | 0.0016% | 0.0101% | Short Binance, long Backpack |
| DOT | -0.0099% | -0.0004% | 0.0094% | Short Binance, long Backpack |
| ETH | 0.0100% | 0.0007% | 0.0093% | Short Backpack, long Binance |
| DOGE | 0.0100% | 0.0009% | 0.0091% | Short Backpack, long Binance |
| ZEC | 0.0191% | 0.0100% | 0.0091% | Short Backpack, long Binance |
| TAO | -0.0157% | -0.0069% | 0.0088% | Short Binance, long Backpack |
| ADA | 0.0059% | -0.0023% | 0.0082% | Short Backpack, long Binance |
| LINEA | 0.0100% | 0.0026% | 0.0074% | Short Backpack, long Binance |
| BNB | 0.0100% | 0.0030% | 0.0070% | Short Backpack, long Binance |
| LDO | 0.0100% | 0.0032% | 0.0068% | Short Backpack, long Binance |
| WIF | 0.0100% | 0.0033% | 0.0067% | Short Backpack, long Binance |
| BTC | 0.0100% | 0.0041% | 0.0059% | Short Backpack, long Binance |
| PAXG | 0.0030% | 0.0086% | 0.0057% | Short Binance, long Backpack |
| AVAX | -0.0103% | -0.0048% | 0.0056% | Short Binance, long Backpack |
| SEI | 0.0100% | 0.0046% | 0.0054% | Short Backpack, long Binance |
| JUP | 0.0100% | 0.0047% | 0.0053% | Short Backpack, long Binance |
| SKR | 0.0149% | 0.0100% | 0.0049% | Short Backpack, long Binance |
| MON | 0.0054% | 0.0100% | 0.0046% | Short Binance, long Backpack |
| TIA | 0.0100% | 0.0054% | 0.0046% | Short Backpack, long Binance |
| AAVE | 0.0100% | 0.0072% | 0.0028% | Short Backpack, long Binance |
| OP | 0.0074% | 0.0048% | 0.0026% | Short Backpack, long Binance |
| TRX | -0.0375% | -0.0400% | 0.0025% | Short Backpack, long Binance |
| VIRTUAL | 0.0100% | 0.0077% | 0.0023% | Short Backpack, long Binance |
| SOL | -0.0051% | -0.0068% | 0.0017% | Short Backpack, long Binance |
| SUI | 0.0100% | 0.0087% | 0.0013% | Short Backpack, long Binance |
| ONDO | 0.0069% | 0.0062% | 0.0007% | Short Backpack, long Binance |
| ASTER | 0.0100% | 0.0099% | 0.0001% | Short Backpack, long Binance |
| UNI | 0.0100% | 0.0100% | 0.0000% | Short Binance, long Backpack |
| HYPE | 0.0100% | 0.0100% | 0.0000% | Short Binance, long Backpack |
| NEAR | 0.0100% | 0.0100% | 0.0000% | Short Binance, long Backpack |
| WLD | 0.0100% | 0.0100% | 0.0000% | Short Binance, long Backpack |
| XPL | 0.0100% | 0.0100% | 0.0000% | Short Binance, long Backpack |
| WLFI | 0.0100% | 0.0100% | 0.0000% | Short Binance, long Backpack |
| FARTCOIN | 0.0100% | 0.0100% | 0.0000% | Short Binance, long Backpack |
| KAITO | 0.0100% | 0.0100% | 0.0000% | Short Binance, long Backpack |
| SHIB | 0.0100% | 0.0100% | 0.0000% | Short Binance, long Backpack |
| S | 0.0100% | 0.0100% | 0.0000% | Short Binance, long Backpack |
| STRK | 0.0100% | 0.0100% | 0.0000% | Short Binance, long Backpack |
| VVV | 0.0100% | 0.0100% | 0.0000% | Short Binance, long Backpack |
| BERA | 0.0100% | 0.0100% | 0.0000% | Short Binance, long Backpack |
| W | 0.0100% | 0.0100% | 0.0000% | Short Binance, long Backpack |
| GRAM | 0.0100% | 0.0100% | 0.0000% | Short Binance, long Backpack |
| MEGA | 0.0100% | 0.0100% | 0.0000% | Short Binance, long Backpack |
| 0G | 0.0100% | 0.0100% | 0.0000% | Short Binance, long Backpack |
| MET | 0.0100% | 0.0100% | 0.0000% | Short Binance, long Backpack |
Showing 73 of 73
Frequently asked questions
- Which has higher funding rates, Backpack or Binance?
- Right now Backpack has the higher funding rate on 38 of 73 shared coins.
- How often do Backpack and Binance pay funding?
- On shared markets, Backpack pays every 1 hours and Binance every 4 and 8 hours, depending on the contract. Rates on this page are annualized so they compare directly.
- Can I arbitrage funding between Backpack and Binance?
- Yes, by going long where funding is lower and short where it is higher. The largest gap right now is 2Z at 0.1773% per 8 hours (194.15% APR) before fees.