# Backpack vs Extended Funding Rates: 65 Coins Compared

As of 2026-10-03 13:53 UTC, Backpack and Extended share 65 liquid perpetual markets. Backpack has the higher funding rate on 17 of them (26%), and the average gap is 0.0115% per 8 hours (12.56% APR). The widest gap is ZRO at 0.0994% per 8 hours (108.87% APR): short on Extended and long on Backpack.

| Coin | Backpack per 8h | Extended per 8h | Gap per 8h | Funding arbitrage |
| --- | --- | --- | --- | --- |
| [ZRO](https://arbtide.com/funding-rates/zro) | 0.0046% | 0.1040% | 0.0994% | Short Extended, long Backpack |
| [CHIP](https://arbtide.com/funding-rates/chip) | -0.0548% | 0.0104% | 0.0652% | Short Extended, long Backpack |
| [KAITO](https://arbtide.com/funding-rates/kaito) | 0.0746% | 0.0104% | 0.0642% | Short Backpack, long Extended |
| [TRX](https://arbtide.com/funding-rates/trx) | -0.0693% | -0.0128% | 0.0565% | Short Extended, long Backpack |
| [HBAR](https://arbtide.com/funding-rates/hbar) | -0.0460% | 0.0056% | 0.0516% | Short Extended, long Backpack |
| [NEAR](https://arbtide.com/funding-rates/near) | 0.0540% | 0.0104% | 0.0436% | Short Backpack, long Extended |
| [XPL](https://arbtide.com/funding-rates/xpl) | 0.0100% | -0.0304% | 0.0404% | Short Backpack, long Extended |
| [MEGA](https://arbtide.com/funding-rates/mega) | 0.0436% | 0.0104% | 0.0332% | Short Backpack, long Extended |
| [TAO](https://arbtide.com/funding-rates/tao) | -0.0209% | 0.0104% | 0.0313% | Short Extended, long Backpack |
| [MON](https://arbtide.com/funding-rates/mon) | -0.0144% | 0.0104% | 0.0248% | Short Extended, long Backpack |
| [EDGE](https://arbtide.com/funding-rates/edge) | -0.0124% | 0.0104% | 0.0228% | Short Extended, long Backpack |
| [S](https://arbtide.com/funding-rates/s) | 0.0311% | 0.0104% | 0.0207% | Short Backpack, long Extended |
| [WLFI](https://arbtide.com/funding-rates/wlfi) | -0.0090% | 0.0104% | 0.0194% | Short Extended, long Backpack |
| [XLM](https://arbtide.com/funding-rates/xlm) | 0.0100% | -0.0056% | 0.0156% | Short Backpack, long Extended |
| [PENGU](https://arbtide.com/funding-rates/pengu) | -0.0050% | 0.0104% | 0.0154% | Short Extended, long Backpack |
| [ZEC](https://arbtide.com/funding-rates/zec) | 0.0253% | 0.0104% | 0.0149% | Short Backpack, long Extended |
| [LIT](https://arbtide.com/funding-rates/lit) | 0.0246% | 0.0104% | 0.0142% | Short Backpack, long Extended |
| [ADA](https://arbtide.com/funding-rates/ada) | -0.0032% | 0.0104% | 0.0136% | Short Extended, long Backpack |
| [ONDO](https://arbtide.com/funding-rates/ondo) | -0.0031% | 0.0104% | 0.0135% | Short Extended, long Backpack |
| [PUMP](https://arbtide.com/funding-rates/pump) | 0.0195% | 0.0104% | 0.0091% | Short Backpack, long Extended |
| [ZORA](https://arbtide.com/funding-rates/zora) | 0.0013% | 0.0104% | 0.0091% | Short Extended, long Backpack |
| [XRP](https://arbtide.com/funding-rates/xrp) | 0.0023% | 0.0104% | 0.0081% | Short Extended, long Backpack |
| [AERO](https://arbtide.com/funding-rates/aero) | 0.0181% | 0.0104% | 0.0077% | Short Backpack, long Extended |
| [UNI](https://arbtide.com/funding-rates/uni) | 0.0029% | 0.0104% | 0.0075% | Short Extended, long Backpack |
| [XMR](https://arbtide.com/funding-rates/xmr) | 0.0162% | 0.0104% | 0.0058% | Short Backpack, long Extended |
| [BTC](https://arbtide.com/funding-rates/btc) | 0.0100% | 0.0056% | 0.0044% | Short Backpack, long Extended |
| [PAXG](https://arbtide.com/funding-rates/paxg) | -0.0004% | 0.0040% | 0.0044% | Short Extended, long Backpack |
| [LTC](https://arbtide.com/funding-rates/ltc) | 0.0068% | 0.0104% | 0.0036% | Short Extended, long Backpack |
| [APT](https://arbtide.com/funding-rates/apt) | 0.0100% | 0.0064% | 0.0036% | Short Backpack, long Extended |
| [BONK](https://arbtide.com/funding-rates/bonk) | 0.0100% | 0.0064% | 0.0036% | Short Backpack, long Extended |
| [SOL](https://arbtide.com/funding-rates/sol) | -0.0049% | -0.0032% | 0.0017% | Short Extended, long Backpack |
| [HYPE](https://arbtide.com/funding-rates/hype) | 0.0120% | 0.0104% | 0.0016% | Short Backpack, long Extended |
| [PEPE](https://arbtide.com/funding-rates/pepe) | -0.0065% | -0.0080% | 0.0015% | Short Backpack, long Extended |
| [W](https://arbtide.com/funding-rates/w) | 0.0089% | 0.0104% | 0.0015% | Short Extended, long Backpack |
| [AAVE](https://arbtide.com/funding-rates/aave) | 0.0100% | 0.0104% | 0.0004% | Short Extended, long Backpack |
| [ETH](https://arbtide.com/funding-rates/eth) | 0.0100% | 0.0104% | 0.0004% | Short Extended, long Backpack |
| [LINK](https://arbtide.com/funding-rates/link) | 0.0100% | 0.0104% | 0.0004% | Short Extended, long Backpack |
| [ARB](https://arbtide.com/funding-rates/arb) | 0.0100% | 0.0104% | 0.0004% | Short Extended, long Backpack |
| [AVAX](https://arbtide.com/funding-rates/avax) | 0.0100% | 0.0104% | 0.0004% | Short Extended, long Backpack |
| [BNB](https://arbtide.com/funding-rates/bnb) | 0.0100% | 0.0104% | 0.0004% | Short Extended, long Backpack |
| [DOGE](https://arbtide.com/funding-rates/doge) | 0.0100% | 0.0104% | 0.0004% | Short Extended, long Backpack |
| [SUI](https://arbtide.com/funding-rates/sui) | 0.0100% | 0.0104% | 0.0004% | Short Extended, long Backpack |
| [CRV](https://arbtide.com/funding-rates/crv) | 0.0100% | 0.0104% | 0.0004% | Short Extended, long Backpack |
| [DOT](https://arbtide.com/funding-rates/dot) | 0.0100% | 0.0104% | 0.0004% | Short Extended, long Backpack |
| [ENA](https://arbtide.com/funding-rates/ena) | 0.0100% | 0.0104% | 0.0004% | Short Extended, long Backpack |
| [LDO](https://arbtide.com/funding-rates/ldo) | 0.0100% | 0.0104% | 0.0004% | Short Extended, long Backpack |
| [WLD](https://arbtide.com/funding-rates/wld) | 0.0100% | 0.0104% | 0.0004% | Short Extended, long Backpack |
| [TRUMP](https://arbtide.com/funding-rates/trump) | 0.0100% | 0.0104% | 0.0004% | Short Extended, long Backpack |
| [OP](https://arbtide.com/funding-rates/op) | 0.0100% | 0.0104% | 0.0004% | Short Extended, long Backpack |
| [TIA](https://arbtide.com/funding-rates/tia) | 0.0100% | 0.0104% | 0.0004% | Short Extended, long Backpack |
| [WIF](https://arbtide.com/funding-rates/wif) | 0.0100% | 0.0104% | 0.0004% | Short Extended, long Backpack |
| [ASTER](https://arbtide.com/funding-rates/aster) | 0.0100% | 0.0104% | 0.0004% | Short Extended, long Backpack |
| [JTO](https://arbtide.com/funding-rates/jto) | 0.0100% | 0.0104% | 0.0004% | Short Extended, long Backpack |
| [SEI](https://arbtide.com/funding-rates/sei) | 0.0100% | 0.0104% | 0.0004% | Short Extended, long Backpack |
| [FARTCOIN](https://arbtide.com/funding-rates/fartcoin) | 0.0100% | 0.0104% | 0.0004% | Short Extended, long Backpack |
| [PENDLE](https://arbtide.com/funding-rates/pendle) | 0.0100% | 0.0104% | 0.0004% | Short Extended, long Backpack |
| [SHIB](https://arbtide.com/funding-rates/shib) | 0.0100% | 0.0104% | 0.0004% | Short Extended, long Backpack |
| [STRK](https://arbtide.com/funding-rates/strk) | 0.0100% | 0.0104% | 0.0004% | Short Extended, long Backpack |
| [VIRTUAL](https://arbtide.com/funding-rates/virtual) | 0.0100% | 0.0104% | 0.0004% | Short Extended, long Backpack |
| [VVV](https://arbtide.com/funding-rates/vvv) | 0.0100% | 0.0104% | 0.0004% | Short Extended, long Backpack |
| [AVNT](https://arbtide.com/funding-rates/avnt) | 0.0100% | 0.0104% | 0.0004% | Short Extended, long Backpack |
| [GRAM](https://arbtide.com/funding-rates/gram) | 0.0100% | 0.0104% | 0.0004% | Short Extended, long Backpack |
| [LINEA](https://arbtide.com/funding-rates/linea) | 0.0100% | 0.0104% | 0.0004% | Short Extended, long Backpack |
| [BILL](https://arbtide.com/funding-rates/bill) | 0.0100% | 0.0104% | 0.0004% | Short Extended, long Backpack |
| [JUP](https://arbtide.com/funding-rates/jup) | 0.0107% | 0.0104% | 0.0003% | Short Backpack, long Extended |

## Frequently asked questions

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

Right now Extended has the higher funding rate on 48 of 65 shared coins.

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

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

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

Yes, by going long where funding is lower and short where it is higher. The largest gap right now is ZRO at 0.0994% per 8 hours (108.87% APR) before fees.