# Backpack vs Deepcoin Funding Rates: 53 Coins Compared

As of 2026-10-03 16:45 UTC, Backpack and Deepcoin share 53 liquid perpetual markets. Backpack has the higher funding rate on 34 of them (64%), and the average gap is 0.0121% per 8 hours (13.25% APR). The widest gap is PENDLE at 0.0562% per 8 hours (61.57% APR): short on Backpack and long on Deepcoin.

| Coin | Backpack per 8h | Deepcoin per 8h | Gap per 8h | Funding arbitrage |
| --- | --- | --- | --- | --- |
| [PENDLE](https://arbtide.com/funding-rates/pendle) | 0.0479% | -0.0083% | 0.0562% | Short Backpack, long Deepcoin |
| [NEAR](https://arbtide.com/funding-rates/near) | 0.0451% | -0.0100% | 0.0551% | Short Backpack, long Deepcoin |
| [ENA](https://arbtide.com/funding-rates/ena) | 0.0529% | 0.0024% | 0.0505% | Short Backpack, long Deepcoin |
| [HBAR](https://arbtide.com/funding-rates/hbar) | -0.0374% | 0.0036% | 0.0410% | Short Deepcoin, long Backpack |
| [TRX](https://arbtide.com/funding-rates/trx) | -0.0522% | -0.0117% | 0.0405% | Short Deepcoin, long Backpack |
| [AERO](https://arbtide.com/funding-rates/aero) | 0.0290% | -0.0050% | 0.0340% | Short Backpack, long Deepcoin |
| [BERA](https://arbtide.com/funding-rates/bera) | -0.0259% | 0.0057% | 0.0316% | Short Deepcoin, long Backpack |
| [WLFI](https://arbtide.com/funding-rates/wlfi) | -0.0268% | 0.0039% | 0.0307% | Short Deepcoin, long Backpack |
| [KAITO](https://arbtide.com/funding-rates/kaito) | 0.0176% | -0.0050% | 0.0226% | Short Backpack, long Deepcoin |
| [LDO](https://arbtide.com/funding-rates/ldo) | 0.0100% | -0.0100% | 0.0200% | Short Backpack, long Deepcoin |
| [VVV](https://arbtide.com/funding-rates/vvv) | 0.0149% | -0.0050% | 0.0199% | Short Backpack, long Deepcoin |
| [XPL](https://arbtide.com/funding-rates/xpl) | -0.0087% | 0.0106% | 0.0193% | Short Deepcoin, long Backpack |
| [ADA](https://arbtide.com/funding-rates/ada) | -0.0159% | 0.0030% | 0.0189% | Short Deepcoin, long Backpack |
| [CRV](https://arbtide.com/funding-rates/crv) | 0.0100% | -0.0082% | 0.0182% | Short Backpack, long Deepcoin |
| [DOT](https://arbtide.com/funding-rates/dot) | 0.0074% | -0.0100% | 0.0174% | Short Backpack, long Deepcoin |
| [ZRO](https://arbtide.com/funding-rates/zro) | 0.0100% | -0.0050% | 0.0150% | Short Backpack, long Deepcoin |
| [ZEC](https://arbtide.com/funding-rates/zec) | 0.0217% | 0.0100% | 0.0117% | Short Backpack, long Deepcoin |
| [MET](https://arbtide.com/funding-rates/met) | -0.0045% | 0.0063% | 0.0108% | Short Deepcoin, long Backpack |
| [PYTH](https://arbtide.com/funding-rates/pyth) | 0.0100% | 0.0029% | 0.0071% | Short Backpack, long Deepcoin |
| [BTC](https://arbtide.com/funding-rates/btc) | 0.0100% | 0.0169% | 0.0069% | Short Deepcoin, long Backpack |
| [WIF](https://arbtide.com/funding-rates/wif) | 0.0100% | 0.0034% | 0.0066% | Short Backpack, long Deepcoin |
| [UNI](https://arbtide.com/funding-rates/uni) | 0.0036% | 0.0100% | 0.0064% | Short Deepcoin, long Backpack |
| [XRP](https://arbtide.com/funding-rates/xrp) | -0.0022% | 0.0038% | 0.0060% | Short Deepcoin, long Backpack |
| [SOL](https://arbtide.com/funding-rates/sol) | 0.0098% | 0.0043% | 0.0055% | Short Backpack, long Deepcoin |
| [LINK](https://arbtide.com/funding-rates/link) | 0.0100% | 0.0046% | 0.0054% | Short Backpack, long Deepcoin |
| [TAO](https://arbtide.com/funding-rates/tao) | 0.0100% | 0.0047% | 0.0053% | Short Backpack, long Deepcoin |
| [TRUMP](https://arbtide.com/funding-rates/trump) | 0.0093% | 0.0040% | 0.0053% | Short Backpack, long Deepcoin |
| [JUP](https://arbtide.com/funding-rates/jup) | 0.0101% | 0.0050% | 0.0051% | Short Backpack, long Deepcoin |
| [TIA](https://arbtide.com/funding-rates/tia) | 0.0100% | 0.0050% | 0.0050% | Short Backpack, long Deepcoin |
| [ASTER](https://arbtide.com/funding-rates/aster) | 0.0100% | 0.0050% | 0.0050% | Short Backpack, long Deepcoin |
| [BONK](https://arbtide.com/funding-rates/bonk) | 0.0100% | 0.0050% | 0.0050% | Short Backpack, long Deepcoin |
| [FARTCOIN](https://arbtide.com/funding-rates/fartcoin) | 0.0100% | 0.0050% | 0.0050% | Short Backpack, long Deepcoin |
| [S](https://arbtide.com/funding-rates/s) | 0.0100% | 0.0050% | 0.0050% | Short Backpack, long Deepcoin |
| [VIRTUAL](https://arbtide.com/funding-rates/virtual) | 0.0100% | 0.0050% | 0.0050% | Short Backpack, long Deepcoin |
| [ZORA](https://arbtide.com/funding-rates/zora) | 0.0100% | 0.0050% | 0.0050% | Short Backpack, long Deepcoin |
| [W](https://arbtide.com/funding-rates/w) | 0.0100% | 0.0050% | 0.0050% | Short Backpack, long Deepcoin |
| [XLM](https://arbtide.com/funding-rates/xlm) | 0.0100% | 0.0051% | 0.0049% | Short Backpack, long Deepcoin |
| [SEI](https://arbtide.com/funding-rates/sei) | 0.0100% | 0.0051% | 0.0049% | Short Backpack, long Deepcoin |
| [ONDO](https://arbtide.com/funding-rates/ondo) | 0.0003% | 0.0050% | 0.0047% | Short Deepcoin, long Backpack |
| [LIT](https://arbtide.com/funding-rates/lit) | 0.0190% | 0.0217% | 0.0027% | Short Deepcoin, long Backpack |
| [OP](https://arbtide.com/funding-rates/op) | 0.0072% | 0.0092% | 0.0020% | Short Deepcoin, long Backpack |
| [PEPE](https://arbtide.com/funding-rates/pepe) | 0.0100% | 0.0081% | 0.0019% | Short Backpack, long Deepcoin |
| [HYPE](https://arbtide.com/funding-rates/hype) | 0.0100% | 0.0083% | 0.0017% | Short Backpack, long Deepcoin |
| [BNB](https://arbtide.com/funding-rates/bnb) | 0.0100% | 0.0088% | 0.0012% | Short Backpack, long Deepcoin |
| [AAVE](https://arbtide.com/funding-rates/aave) | 0.0100% | 0.0089% | 0.0011% | Short Backpack, long Deepcoin |
| [DOGE](https://arbtide.com/funding-rates/doge) | 0.0066% | 0.0077% | 0.0011% | Short Deepcoin, long Backpack |
| [ETH](https://arbtide.com/funding-rates/eth) | 0.0100% | 0.0089% | 0.0011% | Short Backpack, long Deepcoin |
| [ARB](https://arbtide.com/funding-rates/arb) | 0.0100% | 0.0091% | 0.0009% | Short Backpack, long Deepcoin |
| [AVAX](https://arbtide.com/funding-rates/avax) | 0.0100% | 0.0100% | 0.0000% | Short Deepcoin, long Backpack |
| [LTC](https://arbtide.com/funding-rates/ltc) | 0.0100% | 0.0100% | 0.0000% | Short Deepcoin, long Backpack |
| [SUI](https://arbtide.com/funding-rates/sui) | 0.0100% | 0.0100% | 0.0000% | Short Deepcoin, long Backpack |
| [APT](https://arbtide.com/funding-rates/apt) | 0.0100% | 0.0100% | 0.0000% | Short Deepcoin, long Backpack |
| [WLD](https://arbtide.com/funding-rates/wld) | 0.0100% | 0.0100% | 0.0000% | Short Deepcoin, long Backpack |

## Frequently asked questions

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

Right now Backpack has the higher funding rate on 34 of 53 shared coins.

### How often do Backpack and Deepcoin pay funding?

On shared markets, Backpack pays every 1 hours and Deepcoin every 8 hours, depending on the contract. Rates on this page are annualized so they compare directly.

### Can I arbitrage funding between Backpack and Deepcoin?

Yes, by going long where funding is lower and short where it is higher. The largest gap right now is PENDLE at 0.0562% per 8 hours (61.57% APR) before fees.