# Backpack vs HitBTC Funding Rates: 28 Coins Compared

As of 2026-10-03 18:21 UTC, Backpack and HitBTC share 28 liquid perpetual markets. Backpack has the higher funding rate on 6 of them (21%), and the average gap is 0.0175% per 8 hours (19.21% APR). The widest gap is HBAR at 0.2725% per 8 hours (298.36% APR): short on Backpack and long on HitBTC.

| Coin | Backpack per 8h | HitBTC per 8h | Gap per 8h | Funding arbitrage |
| --- | --- | --- | --- | --- |
| [HBAR](https://arbtide.com/funding-rates/hbar) | -0.0175% | -0.2900% | 0.2725% | Short Backpack, long HitBTC |
| [S](https://arbtide.com/funding-rates/s) | 0.0485% | 0.0000% | 0.0485% | Short Backpack, long HitBTC |
| [NEAR](https://arbtide.com/funding-rates/near) | 0.0526% | 0.0100% | 0.0426% | Short Backpack, long HitBTC |
| [TRX](https://arbtide.com/funding-rates/trx) | -0.0209% | 0.0100% | 0.0309% | Short HitBTC, long Backpack |
| [UNI](https://arbtide.com/funding-rates/uni) | -0.0078% | 0.0100% | 0.0178% | Short HitBTC, long Backpack |
| [ADA](https://arbtide.com/funding-rates/ada) | -0.0054% | 0.0100% | 0.0154% | Short HitBTC, long Backpack |
| [ZEC](https://arbtide.com/funding-rates/zec) | 0.0240% | 0.0100% | 0.0140% | Short Backpack, long HitBTC |
| [TRUMP](https://arbtide.com/funding-rates/trump) | -0.0034% | 0.0100% | 0.0134% | Short HitBTC, long Backpack |
| [PEPE](https://arbtide.com/funding-rates/pepe) | 0.0100% | 0.0000% | 0.0100% | Short Backpack, long HitBTC |
| [XRP](https://arbtide.com/funding-rates/xrp) | 0.0013% | 0.0100% | 0.0087% | Short HitBTC, long Backpack |
| [OP](https://arbtide.com/funding-rates/op) | 0.0015% | 0.0100% | 0.0085% | Short HitBTC, long Backpack |
| [APT](https://arbtide.com/funding-rates/apt) | 0.0100% | 0.0026% | 0.0074% | Short Backpack, long HitBTC |
| [ARB](https://arbtide.com/funding-rates/arb) | 0.0084% | 0.0100% | 0.0016% | Short HitBTC, long Backpack |
| [SOL](https://arbtide.com/funding-rates/sol) | 0.0100% | 0.0100% | 0.0000% | Short HitBTC, long Backpack |
| [AAVE](https://arbtide.com/funding-rates/aave) | 0.0100% | 0.0100% | 0.0000% | Short HitBTC, long Backpack |
| [ETH](https://arbtide.com/funding-rates/eth) | 0.0100% | 0.0100% | 0.0000% | Short HitBTC, long Backpack |
| [AVAX](https://arbtide.com/funding-rates/avax) | 0.0100% | 0.0100% | 0.0000% | Short HitBTC, long Backpack |
| [BNB](https://arbtide.com/funding-rates/bnb) | 0.0100% | 0.0100% | 0.0000% | Short HitBTC, long Backpack |
| [BTC](https://arbtide.com/funding-rates/btc) | 0.0100% | 0.0100% | 0.0000% | Short HitBTC, long Backpack |
| [LINK](https://arbtide.com/funding-rates/link) | 0.0100% | 0.0100% | 0.0000% | Short HitBTC, long Backpack |
| [LTC](https://arbtide.com/funding-rates/ltc) | 0.0100% | 0.0100% | 0.0000% | Short HitBTC, long Backpack |
| [SUI](https://arbtide.com/funding-rates/sui) | 0.0100% | 0.0100% | 0.0000% | Short HitBTC, long Backpack |
| [CRV](https://arbtide.com/funding-rates/crv) | 0.0100% | 0.0100% | 0.0000% | Short HitBTC, long Backpack |
| [DOT](https://arbtide.com/funding-rates/dot) | 0.0100% | 0.0100% | 0.0000% | Short HitBTC, long Backpack |
| [WLD](https://arbtide.com/funding-rates/wld) | 0.0100% | 0.0100% | 0.0000% | Short HitBTC, long Backpack |
| [LDO](https://arbtide.com/funding-rates/ldo) | 0.0100% | 0.0100% | 0.0000% | Short HitBTC, long Backpack |
| [XLM](https://arbtide.com/funding-rates/xlm) | 0.0100% | 0.0100% | 0.0000% | Short HitBTC, long Backpack |
| [SHIB](https://arbtide.com/funding-rates/shib) | 0.0100% | 0.0100% | 0.0000% | Short HitBTC, long Backpack |

## Frequently asked questions

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

Right now HitBTC has the higher funding rate on 22 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 0.2725% per 8 hours (298.36% APR) before fees.