# Backpack vs Binance Funding Rates: 73 Coins Compared

As of 2026-10-03 09:55 UTC, Backpack and Binance share 73 liquid perpetual markets. Backpack has the higher funding rate on 24 of them (33%), and the average gap is 0.0147% per 8 hours (16.11% APR). The widest gap is S at 0.1180% per 8 hours (129.24% APR): short on Binance and long on Backpack.

| Coin | Backpack per 8h | Binance per 8h | Gap per 8h | Funding arbitrage |
| --- | --- | --- | --- | --- |
| [S](https://arbtide.com/funding-rates/s) | -0.1110% | 0.0070% | 0.1180% | Short Binance, long Backpack |
| [LIT](https://arbtide.com/funding-rates/lit) | 0.0996% | 0.0100% | 0.0896% | Short Backpack, long Binance |
| [EDGE](https://arbtide.com/funding-rates/edge) | -0.0761% | 0.0100% | 0.0861% | Short Binance, long Backpack |
| [2Z](https://arbtide.com/funding-rates/2z) | -0.6966% | -0.7824% | 0.0858% | Short Backpack, long Binance |
| [CC](https://arbtide.com/funding-rates/cc) | 0.0829% | 0.0100% | 0.0729% | Short Backpack, long Binance |
| [W](https://arbtide.com/funding-rates/w) | -0.0593% | 0.0100% | 0.0693% | Short Binance, long Backpack |
| [KMNO](https://arbtide.com/funding-rates/kmno) | -0.0544% | 0.0100% | 0.0644% | Short Binance, long Backpack |
| [LINEA](https://arbtide.com/funding-rates/linea) | -0.0354% | 0.0073% | 0.0427% | Short Binance, long Backpack |
| [TRUMP](https://arbtide.com/funding-rates/trump) | -0.0319% | 0.0100% | 0.0419% | Short Binance, long Backpack |
| [NEAR](https://arbtide.com/funding-rates/near) | 0.0518% | 0.0100% | 0.0418% | Short Backpack, long Binance |
| [PYTH](https://arbtide.com/funding-rates/pyth) | -0.0183% | 0.0100% | 0.0283% | Short Binance, long Backpack |
| [GRAM](https://arbtide.com/funding-rates/gram) | -0.0109% | 0.0100% | 0.0209% | Short Binance, long Backpack |
| [TRX](https://arbtide.com/funding-rates/trx) | 0.0006% | -0.0198% | 0.0204% | Short Backpack, long Binance |
| [PEPE](https://arbtide.com/funding-rates/pepe) | 0.0090% | -0.0092% | 0.0182% | Short Backpack, long Binance |
| [CHIP](https://arbtide.com/funding-rates/chip) | -0.0069% | 0.0100% | 0.0169% | Short Binance, long Backpack |
| [ENA](https://arbtide.com/funding-rates/ena) | -0.0068% | 0.0100% | 0.0168% | Short Binance, long Backpack |
| [ZEC](https://arbtide.com/funding-rates/zec) | 0.0267% | 0.0100% | 0.0167% | Short Backpack, long Binance |
| [WIF](https://arbtide.com/funding-rates/wif) | -0.0111% | 0.0035% | 0.0146% | Short Binance, long Backpack |
| [DOT](https://arbtide.com/funding-rates/dot) | -0.0197% | -0.0062% | 0.0135% | Short Binance, long Backpack |
| [BONK](https://arbtide.com/funding-rates/bonk) | 0.0100% | -0.0034% | 0.0134% | Short Backpack, long Binance |
| [WLFI](https://arbtide.com/funding-rates/wlfi) | -0.0033% | 0.0100% | 0.0133% | Short Binance, long Backpack |
| [TIA](https://arbtide.com/funding-rates/tia) | -0.0024% | 0.0100% | 0.0124% | Short Binance, long Backpack |
| [UNI](https://arbtide.com/funding-rates/uni) | -0.0020% | 0.0100% | 0.0120% | Short Binance, long Backpack |
| [PENDLE](https://arbtide.com/funding-rates/pendle) | 0.0100% | -0.0011% | 0.0111% | Short Backpack, long Binance |
| [ZORA](https://arbtide.com/funding-rates/zora) | -0.0008% | 0.0100% | 0.0108% | Short Binance, long Backpack |
| [BTC](https://arbtide.com/funding-rates/btc) | 0.0100% | -0.0006% | 0.0106% | Short Backpack, long Binance |
| [AAVE](https://arbtide.com/funding-rates/aave) | 0.0100% | -0.0002% | 0.0102% | Short Backpack, long Binance |
| [BNB](https://arbtide.com/funding-rates/bnb) | 0.0100% | 0.0000% | 0.0100% | Short Backpack, long Binance |
| [ASTER](https://arbtide.com/funding-rates/aster) | 0.0100% | 0.0000% | 0.0100% | Short Backpack, long Binance |
| [SOL](https://arbtide.com/funding-rates/sol) | -0.0047% | 0.0046% | 0.0093% | Short Binance, long Backpack |
| [VVV](https://arbtide.com/funding-rates/vvv) | 0.0188% | 0.0100% | 0.0088% | Short Backpack, long Binance |
| [ARB](https://arbtide.com/funding-rates/arb) | 0.0100% | 0.0018% | 0.0082% | Short Backpack, long Binance |
| [PENGU](https://arbtide.com/funding-rates/pengu) | -0.0002% | -0.0078% | 0.0076% | Short Backpack, long Binance |
| [ETH](https://arbtide.com/funding-rates/eth) | 0.0100% | 0.0024% | 0.0076% | Short Backpack, long Binance |
| [AVAX](https://arbtide.com/funding-rates/avax) | 0.0026% | 0.0100% | 0.0074% | Short Binance, long Backpack |
| [LTC](https://arbtide.com/funding-rates/ltc) | 0.0100% | 0.0032% | 0.0068% | Short Backpack, long Binance |
| [ONDO](https://arbtide.com/funding-rates/ondo) | -0.0041% | -0.0104% | 0.0063% | Short Backpack, long Binance |
| [VIRTUAL](https://arbtide.com/funding-rates/virtual) | 0.0100% | 0.0042% | 0.0058% | Short Backpack, long Binance |
| [APT](https://arbtide.com/funding-rates/apt) | 0.0100% | 0.0043% | 0.0057% | Short Backpack, long Binance |
| [PUMP](https://arbtide.com/funding-rates/pump) | 0.0128% | 0.0100% | 0.0028% | Short Backpack, long Binance |
| [ADA](https://arbtide.com/funding-rates/ada) | 0.0084% | 0.0100% | 0.0016% | Short Binance, long Backpack |
| [XRP](https://arbtide.com/funding-rates/xrp) | -0.0004% | 0.0012% | 0.0016% | Short Binance, long Backpack |
| [HBAR](https://arbtide.com/funding-rates/hbar) | 0.0100% | 0.0087% | 0.0013% | Short Backpack, long Binance |
| [PAXG](https://arbtide.com/funding-rates/paxg) | 0.0060% | 0.0056% | 0.0005% | Short Backpack, long Binance |
| [LINK](https://arbtide.com/funding-rates/link) | 0.0100% | 0.0100% | 0.0000% | Short Binance, long Backpack |
| [DOGE](https://arbtide.com/funding-rates/doge) | 0.0100% | 0.0100% | 0.0000% | Short Binance, long Backpack |
| [HYPE](https://arbtide.com/funding-rates/hype) | 0.0100% | 0.0100% | 0.0000% | Short Binance, long Backpack |
| [LDO](https://arbtide.com/funding-rates/ldo) | 0.0100% | 0.0100% | 0.0000% | Short Binance, long Backpack |
| [SUI](https://arbtide.com/funding-rates/sui) | 0.0100% | 0.0100% | 0.0000% | Short Binance, long Backpack |
| [WLD](https://arbtide.com/funding-rates/wld) | 0.0100% | 0.0100% | 0.0000% | Short Binance, long Backpack |
| [CRV](https://arbtide.com/funding-rates/crv) | 0.0100% | 0.0100% | 0.0000% | Short Binance, long Backpack |
| [JUP](https://arbtide.com/funding-rates/jup) | 0.0100% | 0.0100% | 0.0000% | Short Binance, long Backpack |
| [OP](https://arbtide.com/funding-rates/op) | 0.0100% | 0.0100% | 0.0000% | Short Binance, long Backpack |
| [TAO](https://arbtide.com/funding-rates/tao) | 0.0100% | 0.0100% | 0.0000% | Short Binance, long Backpack |
| [XPL](https://arbtide.com/funding-rates/xpl) | 0.0100% | 0.0100% | 0.0000% | Short Binance, long Backpack |
| [XLM](https://arbtide.com/funding-rates/xlm) | 0.0100% | 0.0100% | 0.0000% | Short Binance, long Backpack |
| [JTO](https://arbtide.com/funding-rates/jto) | 0.0100% | 0.0100% | 0.0000% | Short Binance, long Backpack |
| [KAITO](https://arbtide.com/funding-rates/kaito) | 0.0100% | 0.0100% | 0.0000% | Short Binance, long Backpack |
| [FARTCOIN](https://arbtide.com/funding-rates/fartcoin) | 0.0100% | 0.0100% | 0.0000% | Short Binance, long Backpack |
| [SEI](https://arbtide.com/funding-rates/sei) | 0.0100% | 0.0100% | 0.0000% | Short Binance, long Backpack |
| [ZRO](https://arbtide.com/funding-rates/zro) | 0.0100% | 0.0100% | 0.0000% | Short Binance, long Backpack |
| [SHIB](https://arbtide.com/funding-rates/shib) | 0.0100% | 0.0100% | 0.0000% | Short Binance, long Backpack |
| [XMR](https://arbtide.com/funding-rates/xmr) | 0.0100% | 0.0100% | 0.0000% | Short Binance, long Backpack |
| [MON](https://arbtide.com/funding-rates/mon) | 0.0100% | 0.0100% | 0.0000% | Short Binance, long Backpack |
| [STRK](https://arbtide.com/funding-rates/strk) | 0.0100% | 0.0100% | 0.0000% | Short Binance, long Backpack |
| [AVNT](https://arbtide.com/funding-rates/avnt) | 0.0100% | 0.0100% | 0.0000% | Short Binance, long Backpack |
| [BERA](https://arbtide.com/funding-rates/bera) | 0.0100% | 0.0100% | 0.0000% | Short Binance, long Backpack |
| [MEGA](https://arbtide.com/funding-rates/mega) | 0.0100% | 0.0100% | 0.0000% | Short Binance, long Backpack |
| [AERO](https://arbtide.com/funding-rates/aero) | 0.0100% | 0.0100% | 0.0000% | Short Binance, long Backpack |
| [MET](https://arbtide.com/funding-rates/met) | 0.0100% | 0.0100% | 0.0000% | Short Binance, long Backpack |
| [0G](https://arbtide.com/funding-rates/0g) | 0.0100% | 0.0100% | 0.0000% | Short Binance, long Backpack |
| [SKR](https://arbtide.com/funding-rates/skr) | 0.0100% | 0.0100% | 0.0000% | Short Binance, long Backpack |
| [BILL](https://arbtide.com/funding-rates/bill) | 0.0100% | 0.0100% | 0.0000% | Short Binance, long Backpack |

## Frequently asked questions

### Which has higher funding rates, Backpack or Binance?

Right now Binance has the higher funding rate on 49 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 S at 0.1180% per 8 hours (129.24% APR) before fees.