Backpack vs HitBTC Funding Rates: 28 Coins Compared
As of 2026-10-03 02:28 UTC, Backpack and HitBTC share 28 liquid perpetual markets. Backpack has the higher funding rate on 3 of them (11%), and the average gap is 0.0076% per 8 hours (8.37% APR). The widest gap is HBAR at 0.0583% per 8 hours (63.87% APR): short on HitBTC and long on Backpack.
Largest funding gaps between Backpack and HitBTC
- 0.0583%Gap per 8h
- Backpack per 8h
- -0.0483%
- HitBTC per 8h
- 0.0100%
- Funding arbitrage
- Short HitBTC, long Backpack
- 0.0530%Gap per 8h
- Backpack per 8h
- -0.0430%
- HitBTC per 8h
- 0.0100%
- Funding arbitrage
- Short HitBTC, long Backpack
- 0.0257%Gap per 8h
- Backpack per 8h
- -0.0157%
- HitBTC per 8h
- 0.0100%
- Funding arbitrage
- Short HitBTC, long Backpack
- 0.0257%Gap per 8h
- Backpack per 8h
- -0.0157%
- HitBTC per 8h
- 0.0100%
- Funding arbitrage
- Short HitBTC, long Backpack
- 0.0189%Gap per 8h
- Backpack per 8h
- 0.0289%
- HitBTC per 8h
- 0.0100%
- Funding arbitrage
- Short Backpack, long HitBTC
- 0.0100%Gap per 8h
- Backpack per 8h
- 0.0100%
- HitBTC per 8h
- 0.0000%
- Funding arbitrage
- Short Backpack, long HitBTC
- 0.0086%Gap per 8h
- Backpack per 8h
- 0.0100%
- HitBTC per 8h
- 0.0014%
- Funding arbitrage
- Short Backpack, long HitBTC
- 0.0060%Gap per 8h
- Backpack per 8h
- 0.0040%
- HitBTC per 8h
- 0.0100%
- Funding arbitrage
- Short HitBTC, long Backpack
- 0.0032%Gap per 8h
- Backpack per 8h
- 0.0068%
- HitBTC per 8h
- 0.0100%
- Funding arbitrage
- Short HitBTC, long Backpack
- 0.0032%Gap per 8h
- Backpack per 8h
- 0.0068%
- HitBTC per 8h
- 0.0100%
- Funding arbitrage
- Short HitBTC, long Backpack
- 0.0013%Gap per 8h
- Backpack per 8h
- -0.0013%
- HitBTC per 8h
- 0.0000%
- Funding arbitrage
- Short HitBTC, long Backpack
- 0.0001%Gap per 8h
- Backpack per 8h
- 0.0099%
- HitBTC per 8h
- 0.0100%
- Funding arbitrage
- Short HitBTC, long Backpack
- 0.0000%Gap per 8h
- Backpack per 8h
- 0.0100%
- HitBTC per 8h
- 0.0100%
- Funding arbitrage
- Short HitBTC, long Backpack
- 0.0000%Gap per 8h
- Backpack per 8h
- 0.0100%
- HitBTC per 8h
- 0.0100%
- Funding arbitrage
- Short HitBTC, long Backpack
- 0.0000%Gap per 8h
- Backpack per 8h
- 0.0100%
- HitBTC per 8h
- 0.0100%
- Funding arbitrage
- Short HitBTC, long Backpack
- 0.0000%Gap per 8h
- Backpack per 8h
- 0.0100%
- HitBTC per 8h
- 0.0100%
- Funding arbitrage
- Short HitBTC, long Backpack
- 0.0000%Gap per 8h
- Backpack per 8h
- 0.0100%
- HitBTC per 8h
- 0.0100%
- Funding arbitrage
- Short HitBTC, long Backpack
- 0.0000%Gap per 8h
- Backpack per 8h
- 0.0100%
- HitBTC per 8h
- 0.0100%
- Funding arbitrage
- Short HitBTC, long Backpack
- 0.0000%Gap per 8h
- Backpack per 8h
- 0.0100%
- HitBTC per 8h
- 0.0100%
- Funding arbitrage
- Short HitBTC, long Backpack
- 0.0000%Gap per 8h
- Backpack per 8h
- 0.0100%
- HitBTC per 8h
- 0.0100%
- Funding arbitrage
- Short HitBTC, long Backpack
- 0.0000%Gap per 8h
- Backpack per 8h
- 0.0100%
- HitBTC per 8h
- 0.0100%
- Funding arbitrage
- Short HitBTC, long Backpack
- 0.0000%Gap per 8h
- Backpack per 8h
- 0.0100%
- HitBTC per 8h
- 0.0100%
- Funding arbitrage
- Short HitBTC, long Backpack
- 0.0000%Gap per 8h
- Backpack per 8h
- 0.0100%
- HitBTC per 8h
- 0.0100%
- Funding arbitrage
- Short HitBTC, long Backpack
- 0.0000%Gap per 8h
- Backpack per 8h
- 0.0100%
- HitBTC per 8h
- 0.0100%
- Funding arbitrage
- Short HitBTC, long Backpack
- 0.0000%Gap per 8h
- Backpack per 8h
- 0.0100%
- HitBTC per 8h
- 0.0100%
- Funding arbitrage
- Short HitBTC, long Backpack
- 0.0000%Gap per 8h
- Backpack per 8h
- 0.0100%
- HitBTC per 8h
- 0.0100%
- Funding arbitrage
- Short HitBTC, long Backpack
- 0.0000%Gap per 8h
- Backpack per 8h
- 0.0100%
- HitBTC per 8h
- 0.0100%
- Funding arbitrage
- Short HitBTC, long Backpack
- 0.0000%Gap per 8h
- Backpack per 8h
- 0.0100%
- HitBTC per 8h
- 0.0100%
- Funding arbitrage
- Short HitBTC, long Backpack
| HBAR | -0.0483% | 0.0100% | 0.0583% | Short HitBTC, long Backpack |
| TRX | -0.0430% | 0.0100% | 0.0530% | Short HitBTC, long Backpack |
| DOT | -0.0157% | 0.0100% | 0.0257% | Short HitBTC, long Backpack |
| ARB | -0.0157% | 0.0100% | 0.0257% | Short HitBTC, long Backpack |
| ZEC | 0.0289% | 0.0100% | 0.0189% | Short Backpack, long HitBTC |
| PEPE | 0.0100% | 0.0000% | 0.0100% | Short Backpack, long HitBTC |
| CRV | 0.0100% | 0.0014% | 0.0086% | Short Backpack, long HitBTC |
| AVAX | 0.0040% | 0.0100% | 0.0060% | Short HitBTC, long Backpack |
| ADA | 0.0068% | 0.0100% | 0.0032% | Short HitBTC, long Backpack |
| SOL | 0.0068% | 0.0100% | 0.0032% | Short HitBTC, long Backpack |
| S | -0.0013% | 0.0000% | 0.0013% | Short HitBTC, long Backpack |
| LTC | 0.0099% | 0.0100% | 0.0001% | Short HitBTC, long Backpack |
| AAVE | 0.0100% | 0.0100% | 0.0000% | Short HitBTC, long Backpack |
| BNB | 0.0100% | 0.0100% | 0.0000% | Short HitBTC, long Backpack |
| BTC | 0.0100% | 0.0100% | 0.0000% | Short HitBTC, long Backpack |
| ETH | 0.0100% | 0.0100% | 0.0000% | Short HitBTC, long Backpack |
| LINK | 0.0100% | 0.0100% | 0.0000% | Short HitBTC, long Backpack |
| NEAR | 0.0100% | 0.0100% | 0.0000% | Short HitBTC, long Backpack |
| SUI | 0.0100% | 0.0100% | 0.0000% | Short HitBTC, long Backpack |
| UNI | 0.0100% | 0.0100% | 0.0000% | Short HitBTC, long Backpack |
| XRP | 0.0100% | 0.0100% | 0.0000% | Short HitBTC, long Backpack |
| APT | 0.0100% | 0.0100% | 0.0000% | Short HitBTC, long Backpack |
| LDO | 0.0100% | 0.0100% | 0.0000% | Short HitBTC, long Backpack |
| WLD | 0.0100% | 0.0100% | 0.0000% | Short HitBTC, long Backpack |
| TRUMP | 0.0100% | 0.0100% | 0.0000% | Short HitBTC, long Backpack |
| OP | 0.0100% | 0.0100% | 0.0000% | Short HitBTC, long Backpack |
| XLM | 0.0100% | 0.0100% | 0.0000% | Short HitBTC, long Backpack |
| SHIB | 0.0100% | 0.0100% | 0.0000% | Short HitBTC, long Backpack |
Showing 28 of 28
Frequently asked questions
- Which has higher funding rates, Backpack or HitBTC?
- Right now HitBTC has the higher funding rate on 25 of 28 shared coins.
- How often do Backpack and HitBTC pay funding?
- On shared markets, Backpack pays every 1 hours and HitBTC every 8 hours, depending on the contract. Rates on this page are annualized so they compare directly.
- Can I arbitrage funding between Backpack and HitBTC?
- Yes, by going long where funding is lower and short where it is higher. The largest gap right now is HBAR at 0.0583% per 8 hours (63.87% APR) before fees.