Backpack vs BingX Funding Rates: 68 Coins Compared
As of 2026-10-03 02:16 UTC, Backpack and BingX share 68 liquid perpetual markets. Backpack has the higher funding rate on 17 of them (25%), and the average gap is 0.0173% per 8 hours (18.97% APR). The widest gap is CHIP at 0.1302% per 8 hours (142.60% APR): short on BingX and long on Backpack.
Largest funding gaps between Backpack and BingX
- 0.1302%Gap per 8h
- Backpack per 8h
- -0.1202%
- BingX per 8h
- 0.0100%
- Funding arbitrage
- Short BingX, long Backpack
- 0.0959%Gap per 8h
- Backpack per 8h
- 0.1059%
- BingX per 8h
- 0.0100%
- Funding arbitrage
- Short Backpack, long BingX
- 0.0874%Gap per 8h
- Backpack per 8h
- -0.0774%
- BingX per 8h
- 0.0100%
- Funding arbitrage
- Short BingX, long Backpack
- 0.0780%Gap per 8h
- Backpack per 8h
- -0.0680%
- BingX per 8h
- 0.0100%
- Funding arbitrage
- Short BingX, long Backpack
- 0.0768%Gap per 8h
- Backpack per 8h
- -0.0668%
- BingX per 8h
- 0.0100%
- Funding arbitrage
- Short BingX, long Backpack
- 0.0735%Gap per 8h
- Backpack per 8h
- -0.0665%
- BingX per 8h
- 0.0070%
- Funding arbitrage
- Short BingX, long Backpack
- 0.0562%Gap per 8h
- Backpack per 8h
- -0.0462%
- BingX per 8h
- 0.0100%
- Funding arbitrage
- Short BingX, long Backpack
- 0.0502%Gap per 8h
- Backpack per 8h
- -0.0402%
- BingX per 8h
- 0.0100%
- Funding arbitrage
- Short BingX, long Backpack
- 0.0498%Gap per 8h
- Backpack per 8h
- -0.0398%
- BingX per 8h
- 0.0100%
- Funding arbitrage
- Short BingX, long Backpack
- 0.0467%Gap per 8h
- Backpack per 8h
- -0.0367%
- BingX per 8h
- 0.0100%
- Funding arbitrage
- Short BingX, long Backpack
- 0.0462%Gap per 8h
- Backpack per 8h
- 0.0100%
- BingX per 8h
- 0.0562%
- Funding arbitrage
- Short BingX, long Backpack
- 0.0425%Gap per 8h
- Backpack per 8h
- 0.0525%
- BingX per 8h
- 0.0100%
- Funding arbitrage
- Short Backpack, long BingX
- 0.0343%Gap per 8h
- Backpack per 8h
- -0.0243%
- BingX per 8h
- 0.0100%
- Funding arbitrage
- Short BingX, long Backpack
- 0.0326%Gap per 8h
- Backpack per 8h
- -0.0226%
- BingX per 8h
- 0.0100%
- Funding arbitrage
- Short BingX, long Backpack
- 0.0294%Gap per 8h
- Backpack per 8h
- -0.0194%
- BingX per 8h
- 0.0100%
- Funding arbitrage
- Short BingX, long Backpack
- 0.0282%Gap per 8h
- Backpack per 8h
- -0.0182%
- BingX per 8h
- 0.0100%
- Funding arbitrage
- Short BingX, long Backpack
- 0.0264%Gap per 8h
- Backpack per 8h
- 0.0364%
- BingX per 8h
- 0.0100%
- Funding arbitrage
- Short Backpack, long BingX
- 0.0253%Gap per 8h
- Backpack per 8h
- 0.0353%
- BingX per 8h
- 0.0100%
- Funding arbitrage
- Short Backpack, long BingX
- 0.0235%Gap per 8h
- Backpack per 8h
- -0.0460%
- BingX per 8h
- -0.0225%
- Funding arbitrage
- Short BingX, long Backpack
- 0.0214%Gap per 8h
- Backpack per 8h
- -0.3254%
- BingX per 8h
- -0.3468%
- Funding arbitrage
- Short Backpack, long BingX
- 0.0179%Gap per 8h
- Backpack per 8h
- 0.0279%
- BingX per 8h
- 0.0100%
- Funding arbitrage
- Short Backpack, long BingX
- 0.0161%Gap per 8h
- Backpack per 8h
- -0.0061%
- BingX per 8h
- 0.0100%
- Funding arbitrage
- Short BingX, long Backpack
- 0.0138%Gap per 8h
- Backpack per 8h
- -0.0038%
- BingX per 8h
- 0.0100%
- Funding arbitrage
- Short BingX, long Backpack
- 0.0072%Gap per 8h
- Backpack per 8h
- 0.0069%
- BingX per 8h
- -0.0003%
- Funding arbitrage
- Short Backpack, long BingX
- 0.0069%Gap per 8h
- Backpack per 8h
- 0.0169%
- BingX per 8h
- 0.0100%
- Funding arbitrage
- Short Backpack, long BingX
- 0.0068%Gap per 8h
- Backpack per 8h
- 0.0032%
- BingX per 8h
- 0.0100%
- Funding arbitrage
- Short BingX, long Backpack
- 0.0067%Gap per 8h
- Backpack per 8h
- 0.0033%
- BingX per 8h
- 0.0100%
- Funding arbitrage
- Short BingX, long Backpack
- 0.0060%Gap per 8h
- Backpack per 8h
- 0.0100%
- BingX per 8h
- 0.0040%
- Funding arbitrage
- Short Backpack, long BingX
- 0.0055%Gap per 8h
- Backpack per 8h
- 0.0045%
- BingX per 8h
- 0.0100%
- Funding arbitrage
- Short BingX, long Backpack
- 0.0046%Gap per 8h
- Backpack per 8h
- 0.0054%
- BingX per 8h
- 0.0100%
- Funding arbitrage
- Short BingX, long Backpack
- 0.0044%Gap per 8h
- Backpack per 8h
- 0.0318%
- BingX per 8h
- 0.0274%
- Funding arbitrage
- Short Backpack, long BingX
- 0.0044%Gap per 8h
- Backpack per 8h
- 0.0144%
- BingX per 8h
- 0.0100%
- Funding arbitrage
- Short Backpack, long BingX
- 0.0039%Gap per 8h
- Backpack per 8h
- 0.0100%
- BingX per 8h
- 0.0061%
- Funding arbitrage
- Short Backpack, long BingX
- 0.0037%Gap per 8h
- Backpack per 8h
- 0.0063%
- BingX per 8h
- 0.0100%
- Funding arbitrage
- Short BingX, long Backpack
- 0.0032%Gap per 8h
- Backpack per 8h
- 0.0100%
- BingX per 8h
- 0.0068%
- Funding arbitrage
- Short Backpack, long BingX
- 0.0031%Gap per 8h
- Backpack per 8h
- 0.0069%
- BingX per 8h
- 0.0100%
- Funding arbitrage
- Short BingX, long Backpack
- 0.0030%Gap per 8h
- Backpack per 8h
- 0.0100%
- BingX per 8h
- 0.0070%
- Funding arbitrage
- Short Backpack, long BingX
- 0.0029%Gap per 8h
- Backpack per 8h
- 0.0100%
- BingX per 8h
- 0.0071%
- Funding arbitrage
- Short Backpack, long BingX
- 0.0020%Gap per 8h
- Backpack per 8h
- 0.0100%
- BingX per 8h
- 0.0080%
- Funding arbitrage
- Short Backpack, long BingX
- 0.0009%Gap per 8h
- Backpack per 8h
- 0.0109%
- BingX per 8h
- 0.0100%
- Funding arbitrage
- Short Backpack, long BingX
- 0.0006%Gap per 8h
- Backpack per 8h
- 0.0094%
- BingX per 8h
- 0.0100%
- Funding arbitrage
- Short BingX, long Backpack
- 0.0000%Gap per 8h
- Backpack per 8h
- 0.0100%
- BingX per 8h
- 0.0100%
- Funding arbitrage
- Short BingX, long Backpack
- 0.0000%Gap per 8h
- Backpack per 8h
- 0.0100%
- BingX per 8h
- 0.0100%
- Funding arbitrage
- Short BingX, long Backpack
- 0.0000%Gap per 8h
- Backpack per 8h
- 0.0100%
- BingX per 8h
- 0.0100%
- Funding arbitrage
- Short BingX, long Backpack
- 0.0000%Gap per 8h
- Backpack per 8h
- 0.0100%
- BingX per 8h
- 0.0100%
- Funding arbitrage
- Short BingX, long Backpack
- 0.0000%Gap per 8h
- Backpack per 8h
- 0.0100%
- BingX per 8h
- 0.0100%
- Funding arbitrage
- Short BingX, long Backpack
- 0.0000%Gap per 8h
- Backpack per 8h
- 0.0100%
- BingX per 8h
- 0.0100%
- Funding arbitrage
- Short BingX, long Backpack
- 0.0000%Gap per 8h
- Backpack per 8h
- 0.0100%
- BingX per 8h
- 0.0100%
- Funding arbitrage
- Short BingX, long Backpack
- 0.0000%Gap per 8h
- Backpack per 8h
- 0.0100%
- BingX per 8h
- 0.0100%
- Funding arbitrage
- Short BingX, long Backpack
- 0.0000%Gap per 8h
- Backpack per 8h
- 0.0100%
- BingX per 8h
- 0.0100%
- Funding arbitrage
- Short BingX, long Backpack
- 0.0000%Gap per 8h
- Backpack per 8h
- 0.0100%
- BingX per 8h
- 0.0100%
- Funding arbitrage
- Short BingX, long Backpack
- 0.0000%Gap per 8h
- Backpack per 8h
- 0.0100%
- BingX per 8h
- 0.0100%
- Funding arbitrage
- Short BingX, long Backpack
- 0.0000%Gap per 8h
- Backpack per 8h
- 0.0100%
- BingX per 8h
- 0.0100%
- Funding arbitrage
- Short BingX, long Backpack
- 0.0000%Gap per 8h
- Backpack per 8h
- 0.0100%
- BingX per 8h
- 0.0100%
- Funding arbitrage
- Short BingX, long Backpack
- 0.0000%Gap per 8h
- Backpack per 8h
- 0.0100%
- BingX per 8h
- 0.0100%
- Funding arbitrage
- Short BingX, long Backpack
- 0.0000%Gap per 8h
- Backpack per 8h
- 0.0100%
- BingX per 8h
- 0.0100%
- Funding arbitrage
- Short BingX, long Backpack
- 0.0000%Gap per 8h
- Backpack per 8h
- 0.0100%
- BingX per 8h
- 0.0100%
- Funding arbitrage
- Short BingX, long Backpack
- 0.0000%Gap per 8h
- Backpack per 8h
- 0.0100%
- BingX per 8h
- 0.0100%
- Funding arbitrage
- Short BingX, long Backpack
- 0.0000%Gap per 8h
- Backpack per 8h
- 0.0100%
- BingX per 8h
- 0.0100%
- Funding arbitrage
- Short BingX, long Backpack
- 0.0000%Gap per 8h
- Backpack per 8h
- 0.0100%
- BingX per 8h
- 0.0100%
- Funding arbitrage
- Short BingX, long Backpack
- 0.0000%Gap per 8h
- Backpack per 8h
- 0.0100%
- BingX per 8h
- 0.0100%
- Funding arbitrage
- Short BingX, long Backpack
- 0.0000%Gap per 8h
- Backpack per 8h
- 0.0100%
- BingX per 8h
- 0.0100%
- Funding arbitrage
- Short BingX, long Backpack
- 0.0000%Gap per 8h
- Backpack per 8h
- 0.0100%
- BingX per 8h
- 0.0100%
- Funding arbitrage
- Short BingX, long Backpack
- 0.0000%Gap per 8h
- Backpack per 8h
- 0.0100%
- BingX per 8h
- 0.0100%
- Funding arbitrage
- Short BingX, long Backpack
- 0.0000%Gap per 8h
- Backpack per 8h
- 0.0100%
- BingX per 8h
- 0.0100%
- Funding arbitrage
- Short BingX, long Backpack
- 0.0000%Gap per 8h
- Backpack per 8h
- 0.0100%
- BingX per 8h
- 0.0100%
- Funding arbitrage
- Short BingX, long Backpack
- 0.0000%Gap per 8h
- Backpack per 8h
- 0.0100%
- BingX per 8h
- 0.0100%
- Funding arbitrage
- Short BingX, long Backpack
- 0.0000%Gap per 8h
- Backpack per 8h
- 0.0100%
- BingX per 8h
- 0.0100%
- Funding arbitrage
- Short BingX, long Backpack
| CHIP | -0.1202% | 0.0100% | 0.1302% | Short BingX, long Backpack |
| CC | 0.1059% | 0.0100% | 0.0959% | Short Backpack, long BingX |
| PENGU | -0.0774% | 0.0100% | 0.0874% | Short BingX, long Backpack |
| ZORA | -0.0680% | 0.0100% | 0.0780% | Short BingX, long Backpack |
| PYTH | -0.0668% | 0.0100% | 0.0768% | Short BingX, long Backpack |
| KMNO | -0.0665% | 0.0070% | 0.0735% | Short BingX, long Backpack |
| HBAR | -0.0462% | 0.0100% | 0.0562% | Short BingX, long Backpack |
| ARB | -0.0402% | 0.0100% | 0.0502% | Short BingX, long Backpack |
| S | -0.0398% | 0.0100% | 0.0498% | Short BingX, long Backpack |
| ZRO | -0.0367% | 0.0100% | 0.0467% | Short BingX, long Backpack |
| FARTCOIN | 0.0100% | 0.0562% | 0.0462% | Short BingX, long Backpack |
| SKR | 0.0525% | 0.0100% | 0.0425% | Short Backpack, long BingX |
| 0G | -0.0243% | 0.0100% | 0.0343% | Short BingX, long Backpack |
| DOT | -0.0226% | 0.0100% | 0.0326% | Short BingX, long Backpack |
| TAO | -0.0194% | 0.0100% | 0.0294% | Short BingX, long Backpack |
| W | -0.0182% | 0.0100% | 0.0282% | Short BingX, long Backpack |
| XMR | 0.0364% | 0.0100% | 0.0264% | Short Backpack, long BingX |
| PENDLE | 0.0353% | 0.0100% | 0.0253% | Short Backpack, long BingX |
| TRX | -0.0460% | -0.0225% | 0.0235% | Short BingX, long Backpack |
| 2Z | -0.3254% | -0.3468% | 0.0214% | Short Backpack, long BingX |
| VVV | 0.0279% | 0.0100% | 0.0179% | Short Backpack, long BingX |
| BONK | -0.0061% | 0.0100% | 0.0161% | Short BingX, long Backpack |
| PAXG | -0.0038% | 0.0100% | 0.0138% | Short BingX, long Backpack |
| SOL | 0.0069% | -0.0003% | 0.0072% | Short Backpack, long BingX |
| AERO | 0.0169% | 0.0100% | 0.0069% | Short Backpack, long BingX |
| LTC | 0.0032% | 0.0100% | 0.0068% | Short BingX, long Backpack |
| AVAX | 0.0033% | 0.0100% | 0.0067% | Short BingX, long Backpack |
| AAVE | 0.0100% | 0.0040% | 0.0060% | Short Backpack, long BingX |
| TRUMP | 0.0045% | 0.0100% | 0.0055% | Short BingX, long Backpack |
| WIF | 0.0054% | 0.0100% | 0.0046% | Short BingX, long Backpack |
| ZEC | 0.0318% | 0.0274% | 0.0044% | Short Backpack, long BingX |
| ENA | 0.0144% | 0.0100% | 0.0044% | Short Backpack, long BingX |
| MNT | 0.0100% | 0.0061% | 0.0039% | Short Backpack, long BingX |
| JTO | 0.0063% | 0.0100% | 0.0037% | Short BingX, long Backpack |
| XLM | 0.0100% | 0.0068% | 0.0032% | Short Backpack, long BingX |
| KAITO | 0.0069% | 0.0100% | 0.0031% | Short BingX, long Backpack |
| SHIB | 0.0100% | 0.0070% | 0.0030% | Short Backpack, long BingX |
| PEPE | 0.0100% | 0.0071% | 0.0029% | Short Backpack, long BingX |
| UNI | 0.0100% | 0.0080% | 0.0020% | Short Backpack, long BingX |
| AVNT | 0.0109% | 0.0100% | 0.0009% | Short Backpack, long BingX |
| ADA | 0.0094% | 0.0100% | 0.0006% | Short BingX, long Backpack |
| NEAR | 0.0100% | 0.0100% | 0.0000% | Short BingX, long Backpack |
| BNB | 0.0100% | 0.0100% | 0.0000% | Short BingX, long Backpack |
| DOGE | 0.0100% | 0.0100% | 0.0000% | Short BingX, long Backpack |
| ETH | 0.0100% | 0.0100% | 0.0000% | Short BingX, long Backpack |
| HYPE | 0.0100% | 0.0100% | 0.0000% | Short BingX, long Backpack |
| LINK | 0.0100% | 0.0100% | 0.0000% | Short BingX, long Backpack |
| SUI | 0.0100% | 0.0100% | 0.0000% | Short BingX, long Backpack |
| XRP | 0.0100% | 0.0100% | 0.0000% | Short BingX, long Backpack |
| BTC | 0.0100% | 0.0100% | 0.0000% | Short BingX, long Backpack |
| LDO | 0.0100% | 0.0100% | 0.0000% | Short BingX, long Backpack |
| WLD | 0.0100% | 0.0100% | 0.0000% | Short BingX, long Backpack |
| APT | 0.0100% | 0.0100% | 0.0000% | Short BingX, long Backpack |
| CRV | 0.0100% | 0.0100% | 0.0000% | Short BingX, long Backpack |
| JUP | 0.0100% | 0.0100% | 0.0000% | Short BingX, long Backpack |
| ONDO | 0.0100% | 0.0100% | 0.0000% | Short BingX, long Backpack |
| OP | 0.0100% | 0.0100% | 0.0000% | Short BingX, long Backpack |
| XPL | 0.0100% | 0.0100% | 0.0000% | Short BingX, long Backpack |
| TIA | 0.0100% | 0.0100% | 0.0000% | Short BingX, long Backpack |
| WLFI | 0.0100% | 0.0100% | 0.0000% | Short BingX, long Backpack |
| ASTER | 0.0100% | 0.0100% | 0.0000% | Short BingX, long Backpack |
| SEI | 0.0100% | 0.0100% | 0.0000% | Short BingX, long Backpack |
| PUMP | 0.0100% | 0.0100% | 0.0000% | Short BingX, long Backpack |
| STRK | 0.0100% | 0.0100% | 0.0000% | Short BingX, long Backpack |
| VIRTUAL | 0.0100% | 0.0100% | 0.0000% | Short BingX, long Backpack |
| MEGA | 0.0100% | 0.0100% | 0.0000% | Short BingX, long Backpack |
| BERA | 0.0100% | 0.0100% | 0.0000% | Short BingX, long Backpack |
| LINEA | 0.0100% | 0.0100% | 0.0000% | Short BingX, long Backpack |
Showing 68 of 68
Frequently asked questions
- Which has higher funding rates, Backpack or BingX?
- Right now BingX has the higher funding rate on 51 of 68 shared coins.
- How often do Backpack and BingX pay funding?
- On shared markets, Backpack pays every 1 hours and BingX 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 BingX?
- Yes, by going long where funding is lower and short where it is higher. The largest gap right now is CHIP at 0.1302% per 8 hours (142.60% APR) before fees.