Backpack vs Bitfinex Funding Rates: 34 Coins Compared
As of 2026-10-03 22:46 UTC, Backpack and Bitfinex share 34 liquid perpetual markets. Backpack has the higher funding rate on 29 of them (85%), and the average gap is 0.0146% per 8 hours (15.98% APR). The widest gap is TRX at 0.0876% per 8 hours (95.87% APR): short on Bitfinex and long on Backpack.
Largest funding gaps between Backpack and Bitfinex
- 0.0876%Gap per 8h
- Backpack per 8h
- -0.0876%
- Bitfinex per 8h
- 0.0000%
- Funding arbitrage
- Short Bitfinex, long Backpack
- 0.0623%Gap per 8h
- Backpack per 8h
- 0.0623%
- Bitfinex per 8h
- 0.0000%
- Funding arbitrage
- Short Backpack, long Bitfinex
- 0.0411%Gap per 8h
- Backpack per 8h
- -0.0052%
- Bitfinex per 8h
- 0.0359%
- Funding arbitrage
- Short Bitfinex, long Backpack
- 0.0354%Gap per 8h
- Backpack per 8h
- 0.0100%
- Bitfinex per 8h
- -0.0254%
- Funding arbitrage
- Short Backpack, long Bitfinex
- 0.0158%Gap per 8h
- Backpack per 8h
- 0.0222%
- Bitfinex per 8h
- 0.0065%
- Funding arbitrage
- Short Backpack, long Bitfinex
- 0.0141%Gap per 8h
- Backpack per 8h
- -0.0141%
- Bitfinex per 8h
- 0.0000%
- Funding arbitrage
- Short Bitfinex, long Backpack
- 0.0117%Gap per 8h
- Backpack per 8h
- -0.0117%
- Bitfinex per 8h
- 0.0000%
- Funding arbitrage
- Short Bitfinex, long Backpack
- 0.0102%Gap per 8h
- Backpack per 8h
- 0.0102%
- Bitfinex per 8h
- 0.0000%
- Funding arbitrage
- Short Backpack, long Bitfinex
- 0.0100%Gap per 8h
- Backpack per 8h
- 0.0100%
- Bitfinex per 8h
- 0.0000%
- Funding arbitrage
- Short Backpack, long Bitfinex
- 0.0100%Gap per 8h
- Backpack per 8h
- 0.0100%
- Bitfinex per 8h
- 0.0000%
- Funding arbitrage
- Short Backpack, long Bitfinex
- 0.0100%Gap per 8h
- Backpack per 8h
- 0.0100%
- Bitfinex per 8h
- 0.0000%
- Funding arbitrage
- Short Backpack, long Bitfinex
- 0.0100%Gap per 8h
- Backpack per 8h
- 0.0100%
- Bitfinex per 8h
- 0.0000%
- Funding arbitrage
- Short Backpack, long Bitfinex
- 0.0100%Gap per 8h
- Backpack per 8h
- 0.0100%
- Bitfinex per 8h
- 0.0000%
- Funding arbitrage
- Short Backpack, long Bitfinex
- 0.0100%Gap per 8h
- Backpack per 8h
- 0.0100%
- Bitfinex per 8h
- 0.0000%
- Funding arbitrage
- Short Backpack, long Bitfinex
- 0.0100%Gap per 8h
- Backpack per 8h
- 0.0100%
- Bitfinex per 8h
- 0.0000%
- Funding arbitrage
- Short Backpack, long Bitfinex
- 0.0100%Gap per 8h
- Backpack per 8h
- 0.0100%
- Bitfinex per 8h
- 0.0000%
- Funding arbitrage
- Short Backpack, long Bitfinex
- 0.0100%Gap per 8h
- Backpack per 8h
- 0.0100%
- Bitfinex per 8h
- 0.0000%
- Funding arbitrage
- Short Backpack, long Bitfinex
- 0.0100%Gap per 8h
- Backpack per 8h
- 0.0100%
- Bitfinex per 8h
- 0.0000%
- Funding arbitrage
- Short Backpack, long Bitfinex
- 0.0100%Gap per 8h
- Backpack per 8h
- 0.0100%
- Bitfinex per 8h
- 0.0000%
- Funding arbitrage
- Short Backpack, long Bitfinex
- 0.0100%Gap per 8h
- Backpack per 8h
- 0.0100%
- Bitfinex per 8h
- 0.0000%
- Funding arbitrage
- Short Backpack, long Bitfinex
- 0.0100%Gap per 8h
- Backpack per 8h
- 0.0100%
- Bitfinex per 8h
- 0.0000%
- Funding arbitrage
- Short Backpack, long Bitfinex
- 0.0100%Gap per 8h
- Backpack per 8h
- 0.0100%
- Bitfinex per 8h
- 0.0000%
- Funding arbitrage
- Short Backpack, long Bitfinex
- 0.0100%Gap per 8h
- Backpack per 8h
- 0.0100%
- Bitfinex per 8h
- 0.0000%
- Funding arbitrage
- Short Backpack, long Bitfinex
- 0.0100%Gap per 8h
- Backpack per 8h
- 0.0100%
- Bitfinex per 8h
- 0.0000%
- Funding arbitrage
- Short Backpack, long Bitfinex
- 0.0100%Gap per 8h
- Backpack per 8h
- 0.0100%
- Bitfinex per 8h
- 0.0000%
- Funding arbitrage
- Short Backpack, long Bitfinex
- 0.0100%Gap per 8h
- Backpack per 8h
- 0.0100%
- Bitfinex per 8h
- 0.0000%
- Funding arbitrage
- Short Backpack, long Bitfinex
- 0.0100%Gap per 8h
- Backpack per 8h
- 0.0100%
- Bitfinex per 8h
- 0.0000%
- Funding arbitrage
- Short Backpack, long Bitfinex
- 0.0100%Gap per 8h
- Backpack per 8h
- 0.0100%
- Bitfinex per 8h
- 0.0000%
- Funding arbitrage
- Short Backpack, long Bitfinex
- 0.0062%Gap per 8h
- Backpack per 8h
- 0.0062%
- Bitfinex per 8h
- 0.0000%
- Funding arbitrage
- Short Backpack, long Bitfinex
- 0.0052%Gap per 8h
- Backpack per 8h
- 0.0052%
- Bitfinex per 8h
- 0.0000%
- Funding arbitrage
- Short Backpack, long Bitfinex
- 0.0038%Gap per 8h
- Backpack per 8h
- 0.0100%
- Bitfinex per 8h
- 0.0062%
- Funding arbitrage
- Short Backpack, long Bitfinex
- 0.0018%Gap per 8h
- Backpack per 8h
- 0.0018%
- Bitfinex per 8h
- 0.0000%
- Funding arbitrage
- Short Backpack, long Bitfinex
- 0.0007%Gap per 8h
- Backpack per 8h
- 0.0100%
- Bitfinex per 8h
- 0.0107%
- Funding arbitrage
- Short Bitfinex, long Backpack
- 0.0003%Gap per 8h
- Backpack per 8h
- 0.0100%
- Bitfinex per 8h
- 0.0097%
- Funding arbitrage
- Short Backpack, long Bitfinex
| TRX | -0.0876% | 0.0000% | 0.0876% | Short Bitfinex, long Backpack |
| NEAR | 0.0623% | 0.0000% | 0.0623% | Short Backpack, long Bitfinex |
| KAITO | -0.0052% | 0.0359% | 0.0411% | Short Bitfinex, long Backpack |
| ARB | 0.0100% | -0.0254% | 0.0354% | Short Backpack, long Bitfinex |
| ZEC | 0.0222% | 0.0065% | 0.0158% | Short Backpack, long Bitfinex |
| ADA | -0.0141% | 0.0000% | 0.0141% | Short Bitfinex, long Backpack |
| HBAR | -0.0117% | 0.0000% | 0.0117% | Short Bitfinex, long Backpack |
| ENA | 0.0102% | 0.0000% | 0.0102% | Short Backpack, long Bitfinex |
| AAVE | 0.0100% | 0.0000% | 0.0100% | Short Backpack, long Bitfinex |
| ETH | 0.0100% | 0.0000% | 0.0100% | Short Backpack, long Bitfinex |
| UNI | 0.0100% | 0.0000% | 0.0100% | Short Backpack, long Bitfinex |
| AVAX | 0.0100% | 0.0000% | 0.0100% | Short Backpack, long Bitfinex |
| BNB | 0.0100% | 0.0000% | 0.0100% | Short Backpack, long Bitfinex |
| DOGE | 0.0100% | 0.0000% | 0.0100% | Short Backpack, long Bitfinex |
| HYPE | 0.0100% | 0.0000% | 0.0100% | Short Backpack, long Bitfinex |
| LINK | 0.0100% | 0.0000% | 0.0100% | Short Backpack, long Bitfinex |
| SUI | 0.0100% | 0.0000% | 0.0100% | Short Backpack, long Bitfinex |
| APT | 0.0100% | 0.0000% | 0.0100% | Short Backpack, long Bitfinex |
| CRV | 0.0100% | 0.0000% | 0.0100% | Short Backpack, long Bitfinex |
| DOT | 0.0100% | 0.0000% | 0.0100% | Short Backpack, long Bitfinex |
| PEPE | 0.0100% | 0.0000% | 0.0100% | Short Backpack, long Bitfinex |
| LDO | 0.0100% | 0.0000% | 0.0100% | Short Backpack, long Bitfinex |
| XPL | 0.0100% | 0.0000% | 0.0100% | Short Backpack, long Bitfinex |
| ONDO | 0.0100% | 0.0000% | 0.0100% | Short Backpack, long Bitfinex |
| XLM | 0.0100% | 0.0000% | 0.0100% | Short Backpack, long Bitfinex |
| SEI | 0.0100% | 0.0000% | 0.0100% | Short Backpack, long Bitfinex |
| SHIB | 0.0100% | 0.0000% | 0.0100% | Short Backpack, long Bitfinex |
| ZRO | 0.0100% | 0.0000% | 0.0100% | Short Backpack, long Bitfinex |
| LTC | 0.0062% | 0.0000% | 0.0062% | Short Backpack, long Bitfinex |
| SOL | 0.0052% | 0.0000% | 0.0052% | Short Backpack, long Bitfinex |
| JTO | 0.0100% | 0.0062% | 0.0038% | Short Backpack, long Bitfinex |
| XRP | 0.0018% | 0.0000% | 0.0018% | Short Backpack, long Bitfinex |
| BTC | 0.0100% | 0.0107% | 0.0007% | Short Bitfinex, long Backpack |
| TAO | 0.0100% | 0.0097% | 0.0003% | Short Backpack, long Bitfinex |
Showing 34 of 34
Frequently asked questions
- Which has higher funding rates, Backpack or Bitfinex?
- Right now Backpack has the higher funding rate on 29 of 34 shared coins.
- How often do Backpack and Bitfinex pay funding?
- On shared markets, Backpack pays every 1 hours and Bitfinex every 8 hours, depending on the contract. Rates on this page are annualized so they compare directly.
- Can I arbitrage funding between Backpack and Bitfinex?
- Yes, by going long where funding is lower and short where it is higher. The largest gap right now is TRX at 0.0876% per 8 hours (95.87% APR) before fees.