# Backpack vs BTSE Funding Rates: 47 Coins Compared

As of 2026-10-03 05:54 UTC, Backpack and BTSE share 47 liquid perpetual markets. Backpack has the higher funding rate on 7 of them (15%), and the average gap is 0.0120% per 8 hours (13.19% APR). The widest gap is EDGE at 0.0956% per 8 hours (104.69% APR): short on BTSE and long on Backpack.

| Coin | Backpack per 8h | BTSE per 8h | Gap per 8h | Funding arbitrage |
| --- | --- | --- | --- | --- |
| [EDGE](https://arbtide.com/funding-rates/edge) | -0.0856% | 0.0100% | 0.0956% | Short BTSE, long Backpack |
| [LIT](https://arbtide.com/funding-rates/lit) | 0.0906% | 0.0100% | 0.0806% | Short Backpack, long BTSE |
| [TIA](https://arbtide.com/funding-rates/tia) | -0.0523% | 0.0100% | 0.0623% | Short BTSE, long Backpack |
| [UNI](https://arbtide.com/funding-rates/uni) | -0.0412% | 0.0100% | 0.0512% | Short BTSE, long Backpack |
| [CHIP](https://arbtide.com/funding-rates/chip) | -0.0279% | 0.0100% | 0.0379% | Short BTSE, long Backpack |
| [PENGU](https://arbtide.com/funding-rates/pengu) | -0.0225% | 0.0100% | 0.0325% | Short BTSE, long Backpack |
| [PYTH](https://arbtide.com/funding-rates/pyth) | -0.0187% | 0.0100% | 0.0287% | Short BTSE, long Backpack |
| [ZEC](https://arbtide.com/funding-rates/zec) | 0.0340% | 0.0100% | 0.0240% | Short Backpack, long BTSE |
| [WIF](https://arbtide.com/funding-rates/wif) | -0.0110% | 0.0100% | 0.0210% | Short BTSE, long Backpack |
| [DOT](https://arbtide.com/funding-rates/dot) | -0.0098% | 0.0100% | 0.0198% | Short BTSE, long Backpack |
| [PUMP](https://arbtide.com/funding-rates/pump) | 0.0290% | 0.0100% | 0.0190% | Short Backpack, long BTSE |
| [AVAX](https://arbtide.com/funding-rates/avax) | -0.0069% | 0.0100% | 0.0169% | Short BTSE, long Backpack |
| [NEAR](https://arbtide.com/funding-rates/near) | 0.0253% | 0.0100% | 0.0153% | Short Backpack, long BTSE |
| [LTC](https://arbtide.com/funding-rates/ltc) | -0.0007% | 0.0100% | 0.0107% | Short BTSE, long Backpack |
| [TAO](https://arbtide.com/funding-rates/tao) | 0.0011% | 0.0100% | 0.0089% | Short BTSE, long Backpack |
| [S](https://arbtide.com/funding-rates/s) | 0.0013% | 0.0100% | 0.0087% | Short BTSE, long Backpack |
| [PENDLE](https://arbtide.com/funding-rates/pendle) | 0.0014% | 0.0100% | 0.0086% | Short BTSE, long Backpack |
| [SOL](https://arbtide.com/funding-rates/sol) | -0.0012% | 0.0074% | 0.0086% | Short BTSE, long Backpack |
| [BTC](https://arbtide.com/funding-rates/btc) | 0.0100% | 0.0044% | 0.0056% | Short Backpack, long BTSE |
| [PAXG](https://arbtide.com/funding-rates/paxg) | 0.0048% | 0.0100% | 0.0052% | Short BTSE, long Backpack |
| [TRX](https://arbtide.com/funding-rates/trx) | 0.0054% | 0.0028% | 0.0027% | Short Backpack, long BTSE |
| [XRP](https://arbtide.com/funding-rates/xrp) | 0.0089% | 0.0074% | 0.0015% | Short Backpack, long BTSE |
| [ONDO](https://arbtide.com/funding-rates/ondo) | 0.0091% | 0.0100% | 0.0009% | Short BTSE, long Backpack |
| [AAVE](https://arbtide.com/funding-rates/aave) | 0.0100% | 0.0100% | 0.0000% | Short BTSE, long Backpack |
| [BNB](https://arbtide.com/funding-rates/bnb) | 0.0100% | 0.0100% | 0.0000% | Short BTSE, long Backpack |
| [DOGE](https://arbtide.com/funding-rates/doge) | 0.0100% | 0.0100% | 0.0000% | Short BTSE, long Backpack |
| [ETH](https://arbtide.com/funding-rates/eth) | 0.0100% | 0.0100% | 0.0000% | Short BTSE, long Backpack |
| [LINK](https://arbtide.com/funding-rates/link) | 0.0100% | 0.0100% | 0.0000% | Short BTSE, long Backpack |
| [SUI](https://arbtide.com/funding-rates/sui) | 0.0100% | 0.0100% | 0.0000% | Short BTSE, long Backpack |
| [ADA](https://arbtide.com/funding-rates/ada) | 0.0100% | 0.0100% | 0.0000% | Short BTSE, long Backpack |
| [ARB](https://arbtide.com/funding-rates/arb) | 0.0100% | 0.0100% | 0.0000% | Short BTSE, long Backpack |
| [CRV](https://arbtide.com/funding-rates/crv) | 0.0100% | 0.0100% | 0.0000% | Short BTSE, long Backpack |
| [ENA](https://arbtide.com/funding-rates/ena) | 0.0100% | 0.0100% | 0.0000% | Short BTSE, long Backpack |
| [HYPE](https://arbtide.com/funding-rates/hype) | 0.0100% | 0.0100% | 0.0000% | Short BTSE, long Backpack |
| [LDO](https://arbtide.com/funding-rates/ldo) | 0.0100% | 0.0100% | 0.0000% | Short BTSE, long Backpack |
| [WLD](https://arbtide.com/funding-rates/wld) | 0.0100% | 0.0100% | 0.0000% | Short BTSE, long Backpack |
| [APT](https://arbtide.com/funding-rates/apt) | 0.0100% | 0.0100% | 0.0000% | Short BTSE, long Backpack |
| [JUP](https://arbtide.com/funding-rates/jup) | 0.0100% | 0.0100% | 0.0000% | Short BTSE, long Backpack |
| [OP](https://arbtide.com/funding-rates/op) | 0.0100% | 0.0100% | 0.0000% | Short BTSE, long Backpack |
| [XPL](https://arbtide.com/funding-rates/xpl) | 0.0100% | 0.0100% | 0.0000% | Short BTSE, long Backpack |
| [WLFI](https://arbtide.com/funding-rates/wlfi) | 0.0100% | 0.0100% | 0.0000% | Short BTSE, long Backpack |
| [ASTER](https://arbtide.com/funding-rates/aster) | 0.0100% | 0.0100% | 0.0000% | Short BTSE, long Backpack |
| [JTO](https://arbtide.com/funding-rates/jto) | 0.0100% | 0.0100% | 0.0000% | Short BTSE, long Backpack |
| [SEI](https://arbtide.com/funding-rates/sei) | 0.0100% | 0.0100% | 0.0000% | Short BTSE, long Backpack |
| [XMR](https://arbtide.com/funding-rates/xmr) | 0.0100% | 0.0100% | 0.0000% | Short BTSE, long Backpack |
| [ZORA](https://arbtide.com/funding-rates/zora) | 0.0100% | 0.0100% | 0.0000% | Short BTSE, long Backpack |
| [W](https://arbtide.com/funding-rates/w) | 0.0100% | 0.0100% | 0.0000% | Short BTSE, long Backpack |

## Frequently asked questions

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

Right now BTSE has the higher funding rate on 40 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 EDGE at 0.0956% per 8 hours (104.69% APR) before fees.