Backpack vs LBank Funding Rates: 69 Coins Compared
As of 2026-10-03 02:27 UTC, Backpack and LBank share 69 liquid perpetual markets. Backpack has the higher funding rate on 33 of them (48%), and the average gap is 0.0178% per 8 hours (19.50% APR). The widest gap is 2Z at 0.1955% per 8 hours (214.12% APR): short on Backpack and long on LBank.
Largest funding gaps between Backpack and LBank
- 0.1955%Gap per 8h
- Backpack per 8h
- -0.3593%
- LBank per 8h
- -0.5548%
- Funding arbitrage
- Short Backpack, long LBank
- 0.1227%Gap per 8h
- Backpack per 8h
- -0.1127%
- LBank per 8h
- 0.0100%
- Funding arbitrage
- Short LBank, long Backpack
- 0.0860%Gap per 8h
- Backpack per 8h
- -0.0760%
- LBank per 8h
- 0.0100%
- Funding arbitrage
- Short LBank, long Backpack
- 0.0828%Gap per 8h
- Backpack per 8h
- -0.0728%
- LBank per 8h
- 0.0100%
- Funding arbitrage
- Short LBank, long Backpack
- 0.0730%Gap per 8h
- Backpack per 8h
- 0.0830%
- LBank per 8h
- 0.0100%
- Funding arbitrage
- Short Backpack, long LBank
- 0.0705%Gap per 8h
- Backpack per 8h
- -0.0605%
- LBank per 8h
- 0.0100%
- Funding arbitrage
- Short LBank, long Backpack
- 0.0589%Gap per 8h
- Backpack per 8h
- -0.0489%
- LBank per 8h
- 0.0100%
- Funding arbitrage
- Short LBank, long Backpack
- 0.0533%Gap per 8h
- Backpack per 8h
- -0.0483%
- LBank per 8h
- 0.0049%
- Funding arbitrage
- Short LBank, long Backpack
- 0.0484%Gap per 8h
- Backpack per 8h
- -0.0656%
- LBank per 8h
- -0.0172%
- Funding arbitrage
- Short LBank, long Backpack
- 0.0442%Gap per 8h
- Backpack per 8h
- -0.0342%
- LBank per 8h
- 0.0100%
- Funding arbitrage
- Short LBank, long Backpack
- 0.0419%Gap per 8h
- Backpack per 8h
- 0.0100%
- LBank per 8h
- -0.0319%
- Funding arbitrage
- Short Backpack, long LBank
- 0.0337%Gap per 8h
- Backpack per 8h
- 0.0420%
- LBank per 8h
- 0.0083%
- Funding arbitrage
- Short Backpack, long LBank
- 0.0224%Gap per 8h
- Backpack per 8h
- 0.0324%
- LBank per 8h
- 0.0100%
- Funding arbitrage
- Short Backpack, long LBank
- 0.0204%Gap per 8h
- Backpack per 8h
- -0.0158%
- LBank per 8h
- 0.0046%
- Funding arbitrage
- Short LBank, long Backpack
- 0.0190%Gap per 8h
- Backpack per 8h
- 0.0290%
- LBank per 8h
- 0.0100%
- Funding arbitrage
- Short Backpack, long LBank
- 0.0175%Gap per 8h
- Backpack per 8h
- -0.0166%
- LBank per 8h
- 0.0009%
- Funding arbitrage
- Short LBank, long Backpack
- 0.0166%Gap per 8h
- Backpack per 8h
- 0.0100%
- LBank per 8h
- -0.0066%
- Funding arbitrage
- Short Backpack, long LBank
- 0.0157%Gap per 8h
- Backpack per 8h
- 0.0257%
- LBank per 8h
- 0.0100%
- Funding arbitrage
- Short Backpack, long LBank
- 0.0150%Gap per 8h
- Backpack per 8h
- 0.0250%
- LBank per 8h
- 0.0100%
- Funding arbitrage
- Short Backpack, long LBank
- 0.0144%Gap per 8h
- Backpack per 8h
- 0.0071%
- LBank per 8h
- -0.0073%
- Funding arbitrage
- Short Backpack, long LBank
- 0.0142%Gap per 8h
- Backpack per 8h
- 0.0100%
- LBank per 8h
- -0.0042%
- Funding arbitrage
- Short Backpack, long LBank
- 0.0129%Gap per 8h
- Backpack per 8h
- -0.0029%
- LBank per 8h
- 0.0100%
- Funding arbitrage
- Short LBank, long Backpack
- 0.0127%Gap per 8h
- Backpack per 8h
- 0.0100%
- LBank per 8h
- -0.0027%
- Funding arbitrage
- Short Backpack, long LBank
- 0.0122%Gap per 8h
- Backpack per 8h
- -0.0100%
- LBank per 8h
- 0.0022%
- Funding arbitrage
- Short LBank, long Backpack
- 0.0108%Gap per 8h
- Backpack per 8h
- 0.0100%
- LBank per 8h
- -0.0008%
- Funding arbitrage
- Short Backpack, long LBank
- 0.0100%Gap per 8h
- Backpack per 8h
- -0.0026%
- LBank per 8h
- 0.0074%
- Funding arbitrage
- Short LBank, long Backpack
- 0.0097%Gap per 8h
- Backpack per 8h
- 0.0100%
- LBank per 8h
- 0.0003%
- Funding arbitrage
- Short Backpack, long LBank
- 0.0080%Gap per 8h
- Backpack per 8h
- 0.0100%
- LBank per 8h
- 0.0020%
- Funding arbitrage
- Short Backpack, long LBank
- 0.0078%Gap per 8h
- Backpack per 8h
- 0.0098%
- LBank per 8h
- 0.0020%
- Funding arbitrage
- Short Backpack, long LBank
- 0.0067%Gap per 8h
- Backpack per 8h
- -0.0431%
- LBank per 8h
- -0.0364%
- Funding arbitrage
- Short LBank, long Backpack
- 0.0065%Gap per 8h
- Backpack per 8h
- 0.0100%
- LBank per 8h
- 0.0035%
- Funding arbitrage
- Short Backpack, long LBank
- 0.0058%Gap per 8h
- Backpack per 8h
- -0.0096%
- LBank per 8h
- -0.0154%
- Funding arbitrage
- Short Backpack, long LBank
- 0.0057%Gap per 8h
- Backpack per 8h
- 0.0100%
- LBank per 8h
- 0.0043%
- Funding arbitrage
- Short Backpack, long LBank
- 0.0055%Gap per 8h
- Backpack per 8h
- 0.0100%
- LBank per 8h
- 0.0045%
- Funding arbitrage
- Short Backpack, long LBank
- 0.0054%Gap per 8h
- Backpack per 8h
- 0.0100%
- LBank per 8h
- 0.0046%
- Funding arbitrage
- Short Backpack, long LBank
- 0.0049%Gap per 8h
- Backpack per 8h
- 0.0149%
- LBank per 8h
- 0.0100%
- Funding arbitrage
- Short Backpack, long LBank
- 0.0043%Gap per 8h
- Backpack per 8h
- 0.0100%
- LBank per 8h
- 0.0057%
- Funding arbitrage
- Short Backpack, long LBank
- 0.0043%Gap per 8h
- Backpack per 8h
- 0.0100%
- LBank per 8h
- 0.0057%
- Funding arbitrage
- Short Backpack, long LBank
- 0.0042%Gap per 8h
- Backpack per 8h
- 0.0100%
- LBank per 8h
- 0.0058%
- Funding arbitrage
- Short Backpack, long LBank
- 0.0035%Gap per 8h
- Backpack per 8h
- 0.0041%
- LBank per 8h
- 0.0076%
- Funding arbitrage
- Short LBank, long Backpack
- 0.0032%Gap per 8h
- Backpack per 8h
- 0.0132%
- LBank per 8h
- 0.0100%
- Funding arbitrage
- Short Backpack, long LBank
- 0.0032%Gap per 8h
- Backpack per 8h
- 0.0068%
- LBank per 8h
- 0.0100%
- Funding arbitrage
- Short LBank, long Backpack
- 0.0031%Gap per 8h
- Backpack per 8h
- 0.0100%
- LBank per 8h
- 0.0069%
- Funding arbitrage
- Short Backpack, long LBank
- 0.0028%Gap per 8h
- Backpack per 8h
- 0.0100%
- LBank per 8h
- 0.0072%
- Funding arbitrage
- Short Backpack, long LBank
- 0.0026%Gap per 8h
- Backpack per 8h
- 0.0074%
- LBank per 8h
- 0.0100%
- Funding arbitrage
- Short LBank, long Backpack
- 0.0022%Gap per 8h
- Backpack per 8h
- 0.0100%
- LBank per 8h
- 0.0078%
- Funding arbitrage
- Short Backpack, long LBank
- 0.0016%Gap per 8h
- Backpack per 8h
- 0.0084%
- LBank per 8h
- 0.0100%
- Funding arbitrage
- Short LBank, long Backpack
- 0.0010%Gap per 8h
- Backpack per 8h
- 0.0100%
- LBank per 8h
- 0.0090%
- Funding arbitrage
- Short Backpack, long LBank
- 0.0007%Gap per 8h
- Backpack per 8h
- 0.0100%
- LBank per 8h
- 0.0093%
- Funding arbitrage
- Short Backpack, long LBank
- 0.0005%Gap per 8h
- Backpack per 8h
- 0.0085%
- LBank per 8h
- 0.0090%
- Funding arbitrage
- Short LBank, long Backpack
- 0.0003%Gap per 8h
- Backpack per 8h
- 0.0008%
- LBank per 8h
- 0.0005%
- Funding arbitrage
- Short Backpack, long LBank
- 0.0002%Gap per 8h
- Backpack per 8h
- 0.0100%
- LBank per 8h
- 0.0098%
- Funding arbitrage
- Short Backpack, long LBank
- 0.0000%Gap per 8h
- Backpack per 8h
- 0.0100%
- LBank per 8h
- 0.0100%
- Funding arbitrage
- Short LBank, long Backpack
- 0.0000%Gap per 8h
- Backpack per 8h
- 0.0100%
- LBank per 8h
- 0.0100%
- Funding arbitrage
- Short LBank, long Backpack
- 0.0000%Gap per 8h
- Backpack per 8h
- 0.0100%
- LBank per 8h
- 0.0100%
- Funding arbitrage
- Short LBank, long Backpack
- 0.0000%Gap per 8h
- Backpack per 8h
- 0.0100%
- LBank per 8h
- 0.0100%
- Funding arbitrage
- Short LBank, long Backpack
- 0.0000%Gap per 8h
- Backpack per 8h
- 0.0100%
- LBank per 8h
- 0.0100%
- Funding arbitrage
- Short LBank, long Backpack
- 0.0000%Gap per 8h
- Backpack per 8h
- 0.0100%
- LBank per 8h
- 0.0100%
- Funding arbitrage
- Short LBank, long Backpack
- 0.0000%Gap per 8h
- Backpack per 8h
- 0.0100%
- LBank per 8h
- 0.0100%
- Funding arbitrage
- Short LBank, long Backpack
- 0.0000%Gap per 8h
- Backpack per 8h
- 0.0100%
- LBank per 8h
- 0.0100%
- Funding arbitrage
- Short LBank, long Backpack
- 0.0000%Gap per 8h
- Backpack per 8h
- 0.0100%
- LBank per 8h
- 0.0100%
- Funding arbitrage
- Short LBank, long Backpack
- 0.0000%Gap per 8h
- Backpack per 8h
- 0.0100%
- LBank per 8h
- 0.0100%
- Funding arbitrage
- Short LBank, long Backpack
- 0.0000%Gap per 8h
- Backpack per 8h
- 0.0100%
- LBank per 8h
- 0.0100%
- Funding arbitrage
- Short LBank, long Backpack
- 0.0000%Gap per 8h
- Backpack per 8h
- 0.0100%
- LBank per 8h
- 0.0100%
- Funding arbitrage
- Short LBank, long Backpack
- 0.0000%Gap per 8h
- Backpack per 8h
- 0.0100%
- LBank per 8h
- 0.0100%
- Funding arbitrage
- Short LBank, long Backpack
- 0.0000%Gap per 8h
- Backpack per 8h
- 0.0100%
- LBank per 8h
- 0.0100%
- Funding arbitrage
- Short LBank, long Backpack
- 0.0000%Gap per 8h
- Backpack per 8h
- 0.0100%
- LBank per 8h
- 0.0100%
- Funding arbitrage
- Short LBank, long Backpack
- 0.0000%Gap per 8h
- Backpack per 8h
- 0.0100%
- LBank per 8h
- 0.0100%
- Funding arbitrage
- Short LBank, long Backpack
- 0.0000%Gap per 8h
- Backpack per 8h
- 0.0100%
- LBank per 8h
- 0.0100%
- Funding arbitrage
- Short LBank, long Backpack
| 2Z | -0.3593% | -0.5548% | 0.1955% | Short Backpack, long LBank |
| CHIP | -0.1127% | 0.0100% | 0.1227% | Short LBank, long Backpack |
| PENGU | -0.0760% | 0.0100% | 0.0860% | Short LBank, long Backpack |
| PYTH | -0.0728% | 0.0100% | 0.0828% | Short LBank, long Backpack |
| SKR | 0.0830% | 0.0100% | 0.0730% | Short Backpack, long LBank |
| BILL | -0.0605% | 0.0100% | 0.0705% | Short LBank, long Backpack |
| ZORA | -0.0489% | 0.0100% | 0.0589% | Short LBank, long Backpack |
| HBAR | -0.0483% | 0.0049% | 0.0533% | Short LBank, long Backpack |
| KMNO | -0.0656% | -0.0172% | 0.0484% | Short LBank, long Backpack |
| ZRO | -0.0342% | 0.0100% | 0.0442% | Short LBank, long Backpack |
| PEPE | 0.0100% | -0.0319% | 0.0419% | Short Backpack, long LBank |
| PENDLE | 0.0420% | 0.0083% | 0.0337% | Short Backpack, long LBank |
| AERO | 0.0324% | 0.0100% | 0.0224% | Short Backpack, long LBank |
| DOT | -0.0158% | 0.0046% | 0.0204% | Short LBank, long Backpack |
| ZEC | 0.0290% | 0.0100% | 0.0190% | Short Backpack, long LBank |
| ARB | -0.0166% | 0.0009% | 0.0175% | Short LBank, long Backpack |
| APT | 0.0100% | -0.0066% | 0.0166% | Short Backpack, long LBank |
| LIT | 0.0257% | 0.0100% | 0.0157% | Short Backpack, long LBank |
| VVV | 0.0250% | 0.0100% | 0.0150% | Short Backpack, long LBank |
| SOL | 0.0071% | -0.0073% | 0.0144% | Short Backpack, long LBank |
| XRP | 0.0100% | -0.0042% | 0.0142% | Short Backpack, long LBank |
| S | -0.0029% | 0.0100% | 0.0129% | Short LBank, long Backpack |
| XLM | 0.0100% | -0.0027% | 0.0127% | Short Backpack, long LBank |
| TAO | -0.0100% | 0.0022% | 0.0122% | Short LBank, long Backpack |
| ENA | 0.0100% | -0.0008% | 0.0108% | Short Backpack, long LBank |
| PAXG | -0.0026% | 0.0074% | 0.0100% | Short LBank, long Backpack |
| ETH | 0.0100% | 0.0003% | 0.0097% | Short Backpack, long LBank |
| BNB | 0.0100% | 0.0020% | 0.0080% | Short Backpack, long LBank |
| LTC | 0.0098% | 0.0020% | 0.0078% | Short Backpack, long LBank |
| TRX | -0.0431% | -0.0364% | 0.0067% | Short LBank, long Backpack |
| BTC | 0.0100% | 0.0035% | 0.0065% | Short Backpack, long LBank |
| BONK | -0.0096% | -0.0154% | 0.0058% | Short Backpack, long LBank |
| AAVE | 0.0100% | 0.0043% | 0.0057% | Short Backpack, long LBank |
| LINK | 0.0100% | 0.0045% | 0.0055% | Short Backpack, long LBank |
| SEI | 0.0100% | 0.0046% | 0.0054% | Short Backpack, long LBank |
| PUMP | 0.0149% | 0.0100% | 0.0049% | Short Backpack, long LBank |
| DOGE | 0.0100% | 0.0057% | 0.0043% | Short Backpack, long LBank |
| CRV | 0.0100% | 0.0057% | 0.0043% | Short Backpack, long LBank |
| NEAR | 0.0100% | 0.0058% | 0.0042% | Short Backpack, long LBank |
| AVAX | 0.0041% | 0.0076% | 0.0035% | Short LBank, long Backpack |
| AVNT | 0.0132% | 0.0100% | 0.0032% | Short Backpack, long LBank |
| ADA | 0.0068% | 0.0100% | 0.0032% | Short LBank, long Backpack |
| MNT | 0.0100% | 0.0069% | 0.0031% | Short Backpack, long LBank |
| TIA | 0.0100% | 0.0072% | 0.0028% | Short Backpack, long LBank |
| W | 0.0074% | 0.0100% | 0.0026% | Short LBank, long Backpack |
| LDO | 0.0100% | 0.0078% | 0.0022% | Short Backpack, long LBank |
| 0G | 0.0084% | 0.0100% | 0.0016% | Short LBank, long Backpack |
| ONDO | 0.0100% | 0.0090% | 0.0010% | Short Backpack, long LBank |
| OP | 0.0100% | 0.0093% | 0.0007% | Short Backpack, long LBank |
| JTO | 0.0085% | 0.0090% | 0.0005% | Short LBank, long Backpack |
| WIF | 0.0008% | 0.0005% | 0.0003% | Short Backpack, long LBank |
| JUP | 0.0100% | 0.0098% | 0.0002% | Short Backpack, long LBank |
| UNI | 0.0100% | 0.0100% | 0.0000% | Short LBank, long Backpack |
| SUI | 0.0100% | 0.0100% | 0.0000% | Short LBank, long Backpack |
| WLD | 0.0100% | 0.0100% | 0.0000% | Short LBank, long Backpack |
| HYPE | 0.0100% | 0.0100% | 0.0000% | Short LBank, long Backpack |
| XPL | 0.0100% | 0.0100% | 0.0000% | Short LBank, long Backpack |
| WLFI | 0.0100% | 0.0100% | 0.0000% | Short LBank, long Backpack |
| ASTER | 0.0100% | 0.0100% | 0.0000% | Short LBank, long Backpack |
| FARTCOIN | 0.0100% | 0.0100% | 0.0000% | Short LBank, long Backpack |
| KAITO | 0.0100% | 0.0100% | 0.0000% | Short LBank, long Backpack |
| SHIB | 0.0100% | 0.0100% | 0.0000% | Short LBank, long Backpack |
| STRK | 0.0100% | 0.0100% | 0.0000% | Short LBank, long Backpack |
| VIRTUAL | 0.0100% | 0.0100% | 0.0000% | Short LBank, long Backpack |
| MON | 0.0100% | 0.0100% | 0.0000% | Short LBank, long Backpack |
| BERA | 0.0100% | 0.0100% | 0.0000% | Short LBank, long Backpack |
| GRAM | 0.0100% | 0.0100% | 0.0000% | Short LBank, long Backpack |
| MEGA | 0.0100% | 0.0100% | 0.0000% | Short LBank, long Backpack |
| LINEA | 0.0100% | 0.0100% | 0.0000% | Short LBank, long Backpack |
Showing 69 of 69
Frequently asked questions
- Which has higher funding rates, Backpack or LBank?
- Right now LBank has the higher funding rate on 36 of 69 shared coins.
- How often do Backpack and LBank pay funding?
- On shared markets, Backpack pays every 1 hours and LBank 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 LBank?
- Yes, by going long where funding is lower and short where it is higher. The largest gap right now is 2Z at 0.1955% per 8 hours (214.12% APR) before fees.