Backpack vs BTSE Funding Rates: 47 Coins Compared
As of 2026-10-03 17:48 UTC, Backpack and BTSE share 47 liquid perpetual markets. Backpack has the higher funding rate on 10 of them (21%), and the average gap is 0.0073% per 8 hours (7.96% APR). The widest gap is NEAR at 0.0582% per 8 hours (63.78% APR): short on Backpack and long on BTSE.
Largest funding gaps between Backpack and BTSE
- 0.0582%Gap per 8h
- Backpack per 8h
- 0.0682%
- BTSE per 8h
- 0.0100%
- Funding arbitrage
- Short Backpack, long BTSE
- 0.0473%Gap per 8h
- Backpack per 8h
- 0.0573%
- BTSE per 8h
- 0.0100%
- Funding arbitrage
- Short Backpack, long BTSE
- 0.0380%Gap per 8h
- Backpack per 8h
- 0.0480%
- BTSE per 8h
- 0.0100%
- Funding arbitrage
- Short Backpack, long BTSE
- 0.0344%Gap per 8h
- Backpack per 8h
- -0.0244%
- BTSE per 8h
- 0.0100%
- Funding arbitrage
- Short BTSE, long Backpack
- 0.0292%Gap per 8h
- Backpack per 8h
- 0.0392%
- BTSE per 8h
- 0.0100%
- Funding arbitrage
- Short Backpack, long BTSE
- 0.0240%Gap per 8h
- Backpack per 8h
- 0.0339%
- BTSE per 8h
- 0.0099%
- Funding arbitrage
- Short Backpack, long BTSE
- 0.0228%Gap per 8h
- Backpack per 8h
- 0.0328%
- BTSE per 8h
- 0.0100%
- Funding arbitrage
- Short Backpack, long BTSE
- 0.0191%Gap per 8h
- Backpack per 8h
- -0.0091%
- BTSE per 8h
- 0.0100%
- Funding arbitrage
- Short BTSE, long Backpack
- 0.0174%Gap per 8h
- Backpack per 8h
- 0.0274%
- BTSE per 8h
- 0.0100%
- Funding arbitrage
- Short Backpack, long BTSE
- 0.0134%Gap per 8h
- Backpack per 8h
- -0.0034%
- BTSE per 8h
- 0.0100%
- Funding arbitrage
- Short BTSE, long Backpack
- 0.0132%Gap per 8h
- Backpack per 8h
- 0.0232%
- BTSE per 8h
- 0.0100%
- Funding arbitrage
- Short Backpack, long BTSE
- 0.0081%Gap per 8h
- Backpack per 8h
- 0.0019%
- BTSE per 8h
- 0.0100%
- Funding arbitrage
- Short BTSE, long Backpack
- 0.0064%Gap per 8h
- Backpack per 8h
- 0.0046%
- BTSE per 8h
- -0.0018%
- Funding arbitrage
- Short Backpack, long BTSE
- 0.0032%Gap per 8h
- Backpack per 8h
- 0.0068%
- BTSE per 8h
- 0.0100%
- Funding arbitrage
- Short BTSE, long Backpack
- 0.0026%Gap per 8h
- Backpack per 8h
- 0.0100%
- BTSE per 8h
- 0.0074%
- Funding arbitrage
- Short Backpack, long BTSE
- 0.0021%Gap per 8h
- Backpack per 8h
- 0.0079%
- BTSE per 8h
- 0.0100%
- Funding arbitrage
- Short BTSE, long Backpack
- 0.0009%Gap per 8h
- Backpack per 8h
- 0.0091%
- BTSE per 8h
- 0.0100%
- Funding arbitrage
- Short BTSE, long Backpack
- 0.0007%Gap per 8h
- Backpack per 8h
- 0.0093%
- BTSE per 8h
- 0.0100%
- Funding arbitrage
- Short BTSE, long Backpack
- 0.0006%Gap per 8h
- Backpack per 8h
- 0.0094%
- BTSE per 8h
- 0.0100%
- Funding arbitrage
- Short BTSE, long Backpack
- 0.0000%Gap per 8h
- Backpack per 8h
- 0.0100%
- BTSE per 8h
- 0.0100%
- Funding arbitrage
- Short BTSE, long Backpack
- 0.0000%Gap per 8h
- Backpack per 8h
- 0.0100%
- BTSE per 8h
- 0.0100%
- Funding arbitrage
- Short BTSE, long Backpack
- 0.0000%Gap per 8h
- Backpack per 8h
- 0.0100%
- BTSE per 8h
- 0.0100%
- Funding arbitrage
- Short BTSE, long Backpack
- 0.0000%Gap per 8h
- Backpack per 8h
- 0.0100%
- BTSE per 8h
- 0.0100%
- Funding arbitrage
- Short BTSE, long Backpack
- 0.0000%Gap per 8h
- Backpack per 8h
- 0.0100%
- BTSE per 8h
- 0.0100%
- Funding arbitrage
- Short BTSE, long Backpack
- 0.0000%Gap per 8h
- Backpack per 8h
- 0.0100%
- BTSE per 8h
- 0.0100%
- Funding arbitrage
- Short BTSE, long Backpack
- 0.0000%Gap per 8h
- Backpack per 8h
- 0.0100%
- BTSE per 8h
- 0.0100%
- Funding arbitrage
- Short BTSE, long Backpack
- 0.0000%Gap per 8h
- Backpack per 8h
- 0.0100%
- BTSE per 8h
- 0.0100%
- Funding arbitrage
- Short BTSE, long Backpack
- 0.0000%Gap per 8h
- Backpack per 8h
- 0.0100%
- BTSE per 8h
- 0.0100%
- Funding arbitrage
- Short BTSE, long Backpack
- 0.0000%Gap per 8h
- Backpack per 8h
- 0.0100%
- BTSE per 8h
- 0.0100%
- Funding arbitrage
- Short BTSE, long Backpack
- 0.0000%Gap per 8h
- Backpack per 8h
- 0.0100%
- BTSE per 8h
- 0.0100%
- Funding arbitrage
- Short BTSE, long Backpack
- 0.0000%Gap per 8h
- Backpack per 8h
- 0.0100%
- BTSE per 8h
- 0.0100%
- Funding arbitrage
- Short BTSE, long Backpack
- 0.0000%Gap per 8h
- Backpack per 8h
- 0.0100%
- BTSE per 8h
- 0.0100%
- Funding arbitrage
- Short BTSE, long Backpack
- 0.0000%Gap per 8h
- Backpack per 8h
- 0.0100%
- BTSE per 8h
- 0.0100%
- Funding arbitrage
- Short BTSE, long Backpack
- 0.0000%Gap per 8h
- Backpack per 8h
- 0.0100%
- BTSE per 8h
- 0.0100%
- Funding arbitrage
- Short BTSE, long Backpack
- 0.0000%Gap per 8h
- Backpack per 8h
- 0.0100%
- BTSE per 8h
- 0.0100%
- Funding arbitrage
- Short BTSE, long Backpack
- 0.0000%Gap per 8h
- Backpack per 8h
- 0.0100%
- BTSE per 8h
- 0.0100%
- Funding arbitrage
- Short BTSE, long Backpack
- 0.0000%Gap per 8h
- Backpack per 8h
- 0.0100%
- BTSE per 8h
- 0.0100%
- Funding arbitrage
- Short BTSE, long Backpack
- 0.0000%Gap per 8h
- Backpack per 8h
- 0.0100%
- BTSE per 8h
- 0.0100%
- Funding arbitrage
- Short BTSE, long Backpack
- 0.0000%Gap per 8h
- Backpack per 8h
- 0.0100%
- BTSE per 8h
- 0.0100%
- Funding arbitrage
- Short BTSE, long Backpack
- 0.0000%Gap per 8h
- Backpack per 8h
- 0.0100%
- BTSE per 8h
- 0.0100%
- Funding arbitrage
- Short BTSE, long Backpack
- 0.0000%Gap per 8h
- Backpack per 8h
- 0.0100%
- BTSE per 8h
- 0.0100%
- Funding arbitrage
- Short BTSE, long Backpack
- 0.0000%Gap per 8h
- Backpack per 8h
- 0.0100%
- BTSE per 8h
- 0.0100%
- Funding arbitrage
- Short BTSE, long Backpack
- 0.0000%Gap per 8h
- Backpack per 8h
- 0.0100%
- BTSE per 8h
- 0.0100%
- Funding arbitrage
- Short BTSE, long Backpack
- 0.0000%Gap per 8h
- Backpack per 8h
- 0.0100%
- BTSE per 8h
- 0.0100%
- Funding arbitrage
- Short BTSE, long Backpack
- 0.0000%Gap per 8h
- Backpack per 8h
- 0.0100%
- BTSE per 8h
- 0.0100%
- Funding arbitrage
- Short BTSE, long Backpack
- 0.0000%Gap per 8h
- Backpack per 8h
- 0.0100%
- BTSE per 8h
- 0.0100%
- Funding arbitrage
- Short BTSE, long Backpack
- 0.0000%Gap per 8h
- Backpack per 8h
- 0.0100%
- BTSE per 8h
- 0.0100%
- Funding arbitrage
- Short BTSE, long Backpack
| NEAR | 0.0682% | 0.0100% | 0.0582% | Short Backpack, long BTSE |
| XMR | 0.0573% | 0.0100% | 0.0473% | Short Backpack, long BTSE |
| PENDLE | 0.0480% | 0.0100% | 0.0380% | Short Backpack, long BTSE |
| CHIP | -0.0244% | 0.0100% | 0.0344% | Short BTSE, long Backpack |
| JTO | 0.0392% | 0.0100% | 0.0292% | Short Backpack, long BTSE |
| ZEC | 0.0339% | 0.0099% | 0.0240% | Short Backpack, long BTSE |
| PUMP | 0.0328% | 0.0100% | 0.0228% | Short Backpack, long BTSE |
| WLFI | -0.0091% | 0.0100% | 0.0191% | Short BTSE, long Backpack |
| JUP | 0.0274% | 0.0100% | 0.0174% | Short Backpack, long BTSE |
| ADA | -0.0034% | 0.0100% | 0.0134% | Short BTSE, long Backpack |
| PYTH | 0.0232% | 0.0100% | 0.0132% | Short Backpack, long BTSE |
| PAXG | 0.0019% | 0.0100% | 0.0081% | Short BTSE, long Backpack |
| XRP | 0.0046% | -0.0018% | 0.0064% | Short Backpack, long BTSE |
| OP | 0.0068% | 0.0100% | 0.0032% | Short BTSE, long Backpack |
| BTC | 0.0100% | 0.0074% | 0.0026% | Short Backpack, long BTSE |
| UNI | 0.0079% | 0.0100% | 0.0021% | Short BTSE, long Backpack |
| DOGE | 0.0091% | 0.0100% | 0.0009% | Short BTSE, long Backpack |
| ONDO | 0.0093% | 0.0100% | 0.0007% | Short BTSE, long Backpack |
| SOL | 0.0094% | 0.0100% | 0.0006% | Short BTSE, long Backpack |
| ETH | 0.0100% | 0.0100% | 0.0000% | Short BTSE, long Backpack |
| LINK | 0.0100% | 0.0100% | 0.0000% | Short BTSE, long Backpack |
| LTC | 0.0100% | 0.0100% | 0.0000% | Short BTSE, long Backpack |
| AAVE | 0.0100% | 0.0100% | 0.0000% | Short BTSE, long Backpack |
| ARB | 0.0100% | 0.0100% | 0.0000% | Short BTSE, long Backpack |
| AVAX | 0.0100% | 0.0100% | 0.0000% | Short BTSE, long Backpack |
| BNB | 0.0100% | 0.0100% | 0.0000% | Short BTSE, long Backpack |
| HYPE | 0.0100% | 0.0100% | 0.0000% | Short BTSE, long Backpack |
| SUI | 0.0100% | 0.0100% | 0.0000% | Short BTSE, long Backpack |
| APT | 0.0100% | 0.0100% | 0.0000% | Short BTSE, long Backpack |
| CRV | 0.0100% | 0.0100% | 0.0000% | Short BTSE, long Backpack |
| ENA | 0.0100% | 0.0100% | 0.0000% | Short BTSE, long Backpack |
| LDO | 0.0100% | 0.0100% | 0.0000% | Short BTSE, long Backpack |
| TAO | 0.0100% | 0.0100% | 0.0000% | Short BTSE, long Backpack |
| WLD | 0.0100% | 0.0100% | 0.0000% | Short BTSE, long Backpack |
| DOT | 0.0100% | 0.0100% | 0.0000% | Short BTSE, long Backpack |
| TRX | 0.0100% | 0.0100% | 0.0000% | Short BTSE, long Backpack |
| XPL | 0.0100% | 0.0100% | 0.0000% | Short BTSE, long Backpack |
| TIA | 0.0100% | 0.0100% | 0.0000% | Short BTSE, long Backpack |
| WIF | 0.0100% | 0.0100% | 0.0000% | Short BTSE, long Backpack |
| ASTER | 0.0100% | 0.0100% | 0.0000% | Short BTSE, long Backpack |
| PENGU | 0.0100% | 0.0100% | 0.0000% | Short BTSE, long Backpack |
| SEI | 0.0100% | 0.0100% | 0.0000% | Short BTSE, long Backpack |
| S | 0.0100% | 0.0100% | 0.0000% | Short BTSE, long Backpack |
| LIT | 0.0100% | 0.0100% | 0.0000% | Short BTSE, long Backpack |
| ZORA | 0.0100% | 0.0100% | 0.0000% | Short BTSE, long Backpack |
| W | 0.0100% | 0.0100% | 0.0000% | Short BTSE, long Backpack |
| EDGE | 0.0100% | 0.0100% | 0.0000% | Short BTSE, long Backpack |
Showing 47 of 47
Frequently asked questions
- Which has higher funding rates, Backpack or BTSE?
- Right now BTSE has the higher funding rate on 37 of 47 shared coins.
- How often do Backpack and BTSE pay funding?
- On shared markets, Backpack pays every 1 hours and BTSE 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 BTSE?
- Yes, by going long where funding is lower and short where it is higher. The largest gap right now is NEAR at 0.0582% per 8 hours (63.78% APR) before fees.