Backpack vs Gate Funding Rates: 73 Coins Compared
As of 2026-10-03 15:36 UTC, Backpack and Gate share 73 liquid perpetual markets. Backpack has the higher funding rate on 35 of them (48%), and the average gap is 0.0151% per 8 hours (16.52% APR). The widest gap is KMNO at 0.0993% per 8 hours (108.77% APR): short on Gate and long on Backpack.
Largest funding gaps between Backpack and Gate
- 0.0993%Gap per 8h
- Backpack per 8h
- -0.0893%
- Gate per 8h
- 0.0100%
- Funding arbitrage
- Short Gate, long Backpack
- 0.0966%Gap per 8h
- Backpack per 8h
- -0.3956%
- Gate per 8h
- -0.4922%
- Funding arbitrage
- Short Backpack, long Gate
- 0.0686%Gap per 8h
- Backpack per 8h
- 0.0682%
- Gate per 8h
- -0.0004%
- Funding arbitrage
- Short Backpack, long Gate
- 0.0663%Gap per 8h
- Backpack per 8h
- -0.0563%
- Gate per 8h
- 0.0100%
- Funding arbitrage
- Short Gate, long Backpack
- 0.0646%Gap per 8h
- Backpack per 8h
- -0.0623%
- Gate per 8h
- 0.0023%
- Funding arbitrage
- Short Gate, long Backpack
- 0.0573%Gap per 8h
- Backpack per 8h
- -0.0473%
- Gate per 8h
- 0.0100%
- Funding arbitrage
- Short Gate, long Backpack
- 0.0565%Gap per 8h
- Backpack per 8h
- 0.0665%
- Gate per 8h
- 0.0100%
- Funding arbitrage
- Short Backpack, long Gate
- 0.0454%Gap per 8h
- Backpack per 8h
- -0.0443%
- Gate per 8h
- 0.0011%
- Funding arbitrage
- Short Gate, long Backpack
- 0.0391%Gap per 8h
- Backpack per 8h
- 0.0491%
- Gate per 8h
- 0.0100%
- Funding arbitrage
- Short Backpack, long Gate
- 0.0357%Gap per 8h
- Backpack per 8h
- -0.0327%
- Gate per 8h
- 0.0030%
- Funding arbitrage
- Short Gate, long Backpack
- 0.0341%Gap per 8h
- Backpack per 8h
- 0.0085%
- Gate per 8h
- -0.0256%
- Funding arbitrage
- Short Backpack, long Gate
- 0.0330%Gap per 8h
- Backpack per 8h
- 0.0430%
- Gate per 8h
- 0.0100%
- Funding arbitrage
- Short Backpack, long Gate
- 0.0284%Gap per 8h
- Backpack per 8h
- 0.0278%
- Gate per 8h
- -0.0006%
- Funding arbitrage
- Short Backpack, long Gate
- 0.0251%Gap per 8h
- Backpack per 8h
- 0.0351%
- Gate per 8h
- 0.0100%
- Funding arbitrage
- Short Backpack, long Gate
- 0.0243%Gap per 8h
- Backpack per 8h
- -0.0143%
- Gate per 8h
- 0.0100%
- Funding arbitrage
- Short Gate, long Backpack
- 0.0242%Gap per 8h
- Backpack per 8h
- 0.0128%
- Gate per 8h
- -0.0114%
- Funding arbitrage
- Short Backpack, long Gate
- 0.0225%Gap per 8h
- Backpack per 8h
- 0.0100%
- Gate per 8h
- -0.0125%
- Funding arbitrage
- Short Backpack, long Gate
- 0.0199%Gap per 8h
- Backpack per 8h
- 0.0265%
- Gate per 8h
- 0.0066%
- Funding arbitrage
- Short Backpack, long Gate
- 0.0184%Gap per 8h
- Backpack per 8h
- -0.0084%
- Gate per 8h
- 0.0100%
- Funding arbitrage
- Short Gate, long Backpack
- 0.0177%Gap per 8h
- Backpack per 8h
- -0.0243%
- Gate per 8h
- -0.0066%
- Funding arbitrage
- Short Gate, long Backpack
- 0.0157%Gap per 8h
- Backpack per 8h
- 0.0100%
- Gate per 8h
- -0.0057%
- Funding arbitrage
- Short Backpack, long Gate
- 0.0148%Gap per 8h
- Backpack per 8h
- 0.0206%
- Gate per 8h
- 0.0058%
- Funding arbitrage
- Short Backpack, long Gate
- 0.0144%Gap per 8h
- Backpack per 8h
- -0.0044%
- Gate per 8h
- 0.0100%
- Funding arbitrage
- Short Gate, long Backpack
- 0.0124%Gap per 8h
- Backpack per 8h
- 0.0100%
- Gate per 8h
- -0.0024%
- Funding arbitrage
- Short Backpack, long Gate
- 0.0115%Gap per 8h
- Backpack per 8h
- 0.0215%
- Gate per 8h
- 0.0100%
- Funding arbitrage
- Short Backpack, long Gate
- 0.0112%Gap per 8h
- Backpack per 8h
- 0.0100%
- Gate per 8h
- -0.0012%
- Funding arbitrage
- Short Backpack, long Gate
- 0.0110%Gap per 8h
- Backpack per 8h
- -0.0046%
- Gate per 8h
- 0.0064%
- Funding arbitrage
- Short Gate, long Backpack
- 0.0106%Gap per 8h
- Backpack per 8h
- 0.0100%
- Gate per 8h
- -0.0006%
- Funding arbitrage
- Short Backpack, long Gate
- 0.0103%Gap per 8h
- Backpack per 8h
- 0.0203%
- Gate per 8h
- 0.0100%
- Funding arbitrage
- Short Backpack, long Gate
- 0.0100%Gap per 8h
- Backpack per 8h
- 0.0100%
- Gate per 8h
- 0.0000%
- Funding arbitrage
- Short Backpack, long Gate
- 0.0098%Gap per 8h
- Backpack per 8h
- 0.0100%
- Gate per 8h
- 0.0002%
- Funding arbitrage
- Short Backpack, long Gate
- 0.0094%Gap per 8h
- Backpack per 8h
- 0.0006%
- Gate per 8h
- 0.0100%
- Funding arbitrage
- Short Gate, long Backpack
- 0.0092%Gap per 8h
- Backpack per 8h
- -0.0118%
- Gate per 8h
- -0.0026%
- Funding arbitrage
- Short Gate, long Backpack
- 0.0080%Gap per 8h
- Backpack per 8h
- 0.0100%
- Gate per 8h
- 0.0020%
- Funding arbitrage
- Short Backpack, long Gate
- 0.0079%Gap per 8h
- Backpack per 8h
- 0.0069%
- Gate per 8h
- -0.0010%
- Funding arbitrage
- Short Backpack, long Gate
- 0.0076%Gap per 8h
- Backpack per 8h
- 0.0100%
- Gate per 8h
- 0.0024%
- Funding arbitrage
- Short Backpack, long Gate
- 0.0066%Gap per 8h
- Backpack per 8h
- 0.0077%
- Gate per 8h
- 0.0011%
- Funding arbitrage
- Short Backpack, long Gate
- 0.0059%Gap per 8h
- Backpack per 8h
- 0.0043%
- Gate per 8h
- -0.0016%
- Funding arbitrage
- Short Backpack, long Gate
- 0.0055%Gap per 8h
- Backpack per 8h
- 0.0100%
- Gate per 8h
- 0.0045%
- Funding arbitrage
- Short Backpack, long Gate
- 0.0047%Gap per 8h
- Backpack per 8h
- 0.0100%
- Gate per 8h
- 0.0053%
- Funding arbitrage
- Short Backpack, long Gate
- 0.0046%Gap per 8h
- Backpack per 8h
- 0.0100%
- Gate per 8h
- 0.0054%
- Funding arbitrage
- Short Backpack, long Gate
- 0.0044%Gap per 8h
- Backpack per 8h
- 0.0100%
- Gate per 8h
- 0.0056%
- Funding arbitrage
- Short Backpack, long Gate
- 0.0042%Gap per 8h
- Backpack per 8h
- 0.0100%
- Gate per 8h
- 0.0058%
- Funding arbitrage
- Short Backpack, long Gate
- 0.0034%Gap per 8h
- Backpack per 8h
- 0.0100%
- Gate per 8h
- 0.0066%
- Funding arbitrage
- Short Backpack, long Gate
- 0.0032%Gap per 8h
- Backpack per 8h
- -0.0011%
- Gate per 8h
- 0.0021%
- Funding arbitrage
- Short Gate, long Backpack
- 0.0025%Gap per 8h
- Backpack per 8h
- 0.0075%
- Gate per 8h
- 0.0100%
- Funding arbitrage
- Short Gate, long Backpack
- 0.0021%Gap per 8h
- Backpack per 8h
- 0.0100%
- Gate per 8h
- 0.0079%
- Funding arbitrage
- Short Backpack, long Gate
- 0.0018%Gap per 8h
- Backpack per 8h
- 0.0118%
- Gate per 8h
- 0.0100%
- Funding arbitrage
- Short Backpack, long Gate
- 0.0016%Gap per 8h
- Backpack per 8h
- 0.0116%
- Gate per 8h
- 0.0100%
- Funding arbitrage
- Short Backpack, long Gate
- 0.0002%Gap per 8h
- Backpack per 8h
- 0.0100%
- Gate per 8h
- 0.0098%
- Funding arbitrage
- Short Backpack, long Gate
- 0.0000%Gap per 8h
- Backpack per 8h
- 0.0100%
- Gate per 8h
- 0.0100%
- Funding arbitrage
- Short Gate, long Backpack
- 0.0000%Gap per 8h
- Backpack per 8h
- 0.0100%
- Gate per 8h
- 0.0100%
- Funding arbitrage
- Short Gate, long Backpack
- 0.0000%Gap per 8h
- Backpack per 8h
- 0.0100%
- Gate per 8h
- 0.0100%
- Funding arbitrage
- Short Gate, long Backpack
- 0.0000%Gap per 8h
- Backpack per 8h
- 0.0100%
- Gate per 8h
- 0.0100%
- Funding arbitrage
- Short Gate, long Backpack
- 0.0000%Gap per 8h
- Backpack per 8h
- 0.0100%
- Gate per 8h
- 0.0100%
- Funding arbitrage
- Short Gate, long Backpack
- 0.0000%Gap per 8h
- Backpack per 8h
- 0.0100%
- Gate per 8h
- 0.0100%
- Funding arbitrage
- Short Gate, long Backpack
- 0.0000%Gap per 8h
- Backpack per 8h
- 0.0100%
- Gate per 8h
- 0.0100%
- Funding arbitrage
- Short Gate, long Backpack
- 0.0000%Gap per 8h
- Backpack per 8h
- 0.0100%
- Gate per 8h
- 0.0100%
- Funding arbitrage
- Short Gate, long Backpack
- 0.0000%Gap per 8h
- Backpack per 8h
- 0.0100%
- Gate per 8h
- 0.0100%
- Funding arbitrage
- Short Gate, long Backpack
- 0.0000%Gap per 8h
- Backpack per 8h
- 0.0100%
- Gate per 8h
- 0.0100%
- Funding arbitrage
- Short Gate, long Backpack
- 0.0000%Gap per 8h
- Backpack per 8h
- 0.0100%
- Gate per 8h
- 0.0100%
- Funding arbitrage
- Short Gate, long Backpack
- 0.0000%Gap per 8h
- Backpack per 8h
- 0.0100%
- Gate per 8h
- 0.0100%
- Funding arbitrage
- Short Gate, long Backpack
- 0.0000%Gap per 8h
- Backpack per 8h
- 0.0100%
- Gate per 8h
- 0.0100%
- Funding arbitrage
- Short Gate, long Backpack
- 0.0000%Gap per 8h
- Backpack per 8h
- 0.0100%
- Gate per 8h
- 0.0100%
- Funding arbitrage
- Short Gate, long Backpack
- 0.0000%Gap per 8h
- Backpack per 8h
- 0.0100%
- Gate per 8h
- 0.0100%
- Funding arbitrage
- Short Gate, long Backpack
- 0.0000%Gap per 8h
- Backpack per 8h
- 0.0100%
- Gate per 8h
- 0.0100%
- Funding arbitrage
- Short Gate, long Backpack
- 0.0000%Gap per 8h
- Backpack per 8h
- 0.0100%
- Gate per 8h
- 0.0100%
- Funding arbitrage
- Short Gate, long Backpack
- 0.0000%Gap per 8h
- Backpack per 8h
- 0.0100%
- Gate per 8h
- 0.0100%
- Funding arbitrage
- Short Gate, long Backpack
- 0.0000%Gap per 8h
- Backpack per 8h
- 0.0100%
- Gate per 8h
- 0.0100%
- Funding arbitrage
- Short Gate, long Backpack
- 0.0000%Gap per 8h
- Backpack per 8h
- 0.0100%
- Gate per 8h
- 0.0100%
- Funding arbitrage
- Short Gate, long Backpack
- 0.0000%Gap per 8h
- Backpack per 8h
- 0.0100%
- Gate per 8h
- 0.0100%
- Funding arbitrage
- Short Gate, long Backpack
- 0.0000%Gap per 8h
- Backpack per 8h
- 0.0100%
- Gate per 8h
- 0.0100%
- Funding arbitrage
- Short Gate, long Backpack
- 0.0000%Gap per 8h
- Backpack per 8h
- 0.0100%
- Gate per 8h
- 0.0100%
- Funding arbitrage
- Short Gate, long Backpack
| KMNO | -0.0893% | 0.0100% | 0.0993% | Short Gate, long Backpack |
| 2Z | -0.3956% | -0.4922% | 0.0966% | Short Backpack, long Gate |
| MON | 0.0682% | -0.0004% | 0.0686% | Short Backpack, long Gate |
| SKR | -0.0563% | 0.0100% | 0.0663% | Short Gate, long Backpack |
| TRX | -0.0623% | 0.0023% | 0.0646% | Short Gate, long Backpack |
| CHIP | -0.0473% | 0.0100% | 0.0573% | Short Gate, long Backpack |
| CC | 0.0665% | 0.0100% | 0.0565% | Short Backpack, long Gate |
| HBAR | -0.0443% | 0.0011% | 0.0454% | Short Gate, long Backpack |
| XMR | 0.0491% | 0.0100% | 0.0391% | Short Backpack, long Gate |
| BERA | -0.0327% | 0.0030% | 0.0357% | Short Gate, long Backpack |
| W | 0.0085% | -0.0256% | 0.0341% | Short Backpack, long Gate |
| NEAR | 0.0430% | 0.0100% | 0.0330% | Short Backpack, long Gate |
| JUP | 0.0278% | -0.0006% | 0.0284% | Short Backpack, long Gate |
| ENA | 0.0351% | 0.0100% | 0.0251% | Short Backpack, long Gate |
| UNI | -0.0143% | 0.0100% | 0.0243% | Short Gate, long Backpack |
| AERO | 0.0128% | -0.0114% | 0.0242% | Short Backpack, long Gate |
| OP | 0.0100% | -0.0125% | 0.0225% | Short Backpack, long Gate |
| MEGA | 0.0265% | 0.0066% | 0.0199% | Short Backpack, long Gate |
| PENGU | -0.0084% | 0.0100% | 0.0184% | Short Gate, long Backpack |
| WLFI | -0.0243% | -0.0066% | 0.0177% | Short Gate, long Backpack |
| XLM | 0.0100% | -0.0057% | 0.0157% | Short Backpack, long Gate |
| PUMP | 0.0206% | 0.0058% | 0.0148% | Short Backpack, long Gate |
| MET | -0.0044% | 0.0100% | 0.0144% | Short Gate, long Backpack |
| AAVE | 0.0100% | -0.0024% | 0.0124% | Short Backpack, long Gate |
| ZEC | 0.0215% | 0.0100% | 0.0115% | Short Backpack, long Gate |
| TAO | 0.0100% | -0.0012% | 0.0112% | Short Backpack, long Gate |
| ONDO | -0.0046% | 0.0064% | 0.0110% | Short Gate, long Backpack |
| BTC | 0.0100% | -0.0006% | 0.0106% | Short Backpack, long Gate |
| LIT | 0.0203% | 0.0100% | 0.0103% | Short Backpack, long Gate |
| LINK | 0.0100% | 0.0000% | 0.0100% | Short Backpack, long Gate |
| ARB | 0.0100% | 0.0002% | 0.0098% | Short Backpack, long Gate |
| XPL | 0.0006% | 0.0100% | 0.0094% | Short Gate, long Backpack |
| ADA | -0.0118% | -0.0026% | 0.0092% | Short Gate, long Backpack |
| BNB | 0.0100% | 0.0020% | 0.0080% | Short Backpack, long Gate |
| PEPE | 0.0069% | -0.0010% | 0.0079% | Short Backpack, long Gate |
| ETH | 0.0100% | 0.0024% | 0.0076% | Short Backpack, long Gate |
| SOL | 0.0077% | 0.0011% | 0.0066% | Short Backpack, long Gate |
| XRP | 0.0043% | -0.0016% | 0.0059% | Short Backpack, long Gate |
| DOGE | 0.0100% | 0.0045% | 0.0055% | Short Backpack, long Gate |
| SHIB | 0.0100% | 0.0053% | 0.0047% | Short Backpack, long Gate |
| LTC | 0.0100% | 0.0054% | 0.0046% | Short Backpack, long Gate |
| BONK | 0.0100% | 0.0056% | 0.0044% | Short Backpack, long Gate |
| WLD | 0.0100% | 0.0058% | 0.0042% | Short Backpack, long Gate |
| APT | 0.0100% | 0.0066% | 0.0034% | Short Backpack, long Gate |
| PAXG | -0.0011% | 0.0021% | 0.0032% | Short Gate, long Backpack |
| PYTH | 0.0075% | 0.0100% | 0.0025% | Short Gate, long Backpack |
| SUI | 0.0100% | 0.0079% | 0.0021% | Short Backpack, long Gate |
| JTO | 0.0118% | 0.0100% | 0.0018% | Short Backpack, long Gate |
| VVV | 0.0116% | 0.0100% | 0.0016% | Short Backpack, long Gate |
| ZRO | 0.0100% | 0.0098% | 0.0002% | Short Backpack, long Gate |
| AVAX | 0.0100% | 0.0100% | 0.0000% | Short Gate, long Backpack |
| HYPE | 0.0100% | 0.0100% | 0.0000% | Short Gate, long Backpack |
| LDO | 0.0100% | 0.0100% | 0.0000% | Short Gate, long Backpack |
| CRV | 0.0100% | 0.0100% | 0.0000% | Short Gate, long Backpack |
| DOT | 0.0100% | 0.0100% | 0.0000% | Short Gate, long Backpack |
| TRUMP | 0.0100% | 0.0100% | 0.0000% | Short Gate, long Backpack |
| TIA | 0.0100% | 0.0100% | 0.0000% | Short Gate, long Backpack |
| WIF | 0.0100% | 0.0100% | 0.0000% | Short Gate, long Backpack |
| ASTER | 0.0100% | 0.0100% | 0.0000% | Short Gate, long Backpack |
| KAITO | 0.0100% | 0.0100% | 0.0000% | Short Gate, long Backpack |
| PENDLE | 0.0100% | 0.0100% | 0.0000% | Short Gate, long Backpack |
| SEI | 0.0100% | 0.0100% | 0.0000% | Short Gate, long Backpack |
| FARTCOIN | 0.0100% | 0.0100% | 0.0000% | Short Gate, long Backpack |
| S | 0.0100% | 0.0100% | 0.0000% | Short Gate, long Backpack |
| STRK | 0.0100% | 0.0100% | 0.0000% | Short Gate, long Backpack |
| VIRTUAL | 0.0100% | 0.0100% | 0.0000% | Short Gate, long Backpack |
| ZORA | 0.0100% | 0.0100% | 0.0000% | Short Gate, long Backpack |
| AVNT | 0.0100% | 0.0100% | 0.0000% | Short Gate, long Backpack |
| LINEA | 0.0100% | 0.0100% | 0.0000% | Short Gate, long Backpack |
| GRAM | 0.0100% | 0.0100% | 0.0000% | Short Gate, long Backpack |
| 0G | 0.0100% | 0.0100% | 0.0000% | Short Gate, long Backpack |
| BILL | 0.0100% | 0.0100% | 0.0000% | Short Gate, long Backpack |
| MNT | 0.0100% | 0.0100% | 0.0000% | Short Gate, long Backpack |
Showing 73 of 73
Frequently asked questions
- Which has higher funding rates, Backpack or Gate?
- Right now Gate has the higher funding rate on 38 of 73 shared coins.
- How often do Backpack and Gate pay funding?
- On shared markets, Backpack pays every 1 hours and Gate 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 Gate?
- Yes, by going long where funding is lower and short where it is higher. The largest gap right now is KMNO at 0.0993% per 8 hours (108.77% APR) before fees.