# Backpack vs LBank Funding Rates: 69 Coins Compared

As of 2026-10-03 18:38 UTC, Backpack and LBank share 69 liquid perpetual markets. Backpack has the higher funding rate on 23 of them (33%), and the average gap is 0.0153% per 8 hours (16.71% APR). The widest gap is 2Z at 0.1963% per 8 hours (214.95% APR): short on LBank and long on Backpack.

| Coin | Backpack per 8h | LBank per 8h | Gap per 8h | Funding arbitrage |
| --- | --- | --- | --- | --- |
| [2Z](https://arbtide.com/funding-rates/2z) | -0.4861% | -0.2898% | 0.1963% | Short LBank, long Backpack |
| [W](https://arbtide.com/funding-rates/w) | -0.1049% | 0.0100% | 0.1149% | Short LBank, long Backpack |
| [CHIP](https://arbtide.com/funding-rates/chip) | -0.1037% | 0.0100% | 0.1137% | Short LBank, long Backpack |
| [KMNO](https://arbtide.com/funding-rates/kmno) | -0.0918% | -0.0227% | 0.0691% | Short LBank, long Backpack |
| [AVNT](https://arbtide.com/funding-rates/avnt) | -0.0320% | 0.0100% | 0.0420% | Short LBank, long Backpack |
| [NEAR](https://arbtide.com/funding-rates/near) | 0.0508% | 0.0100% | 0.0408% | Short Backpack, long LBank |
| [BERA](https://arbtide.com/funding-rates/bera) | -0.0278% | 0.0100% | 0.0378% | Short LBank, long Backpack |
| [MNT](https://arbtide.com/funding-rates/mnt) | 0.0100% | -0.0274% | 0.0374% | Short Backpack, long LBank |
| [MON](https://arbtide.com/funding-rates/mon) | 0.0417% | 0.0100% | 0.0317% | Short Backpack, long LBank |
| [ONDO](https://arbtide.com/funding-rates/ondo) | -0.0196% | 0.0100% | 0.0296% | Short LBank, long Backpack |
| [WLFI](https://arbtide.com/funding-rates/wlfi) | -0.0187% | 0.0100% | 0.0287% | Short LBank, long Backpack |
| [HBAR](https://arbtide.com/funding-rates/hbar) | -0.0194% | 0.0068% | 0.0262% | Short LBank, long Backpack |
| [ENA](https://arbtide.com/funding-rates/ena) | 0.0234% | -0.0026% | 0.0260% | Short Backpack, long LBank |
| [SKR](https://arbtide.com/funding-rates/skr) | -0.0154% | 0.0100% | 0.0254% | Short LBank, long Backpack |
| [JTO](https://arbtide.com/funding-rates/jto) | 0.0341% | 0.0100% | 0.0241% | Short Backpack, long LBank |
| [S](https://arbtide.com/funding-rates/s) | 0.0100% | -0.0132% | 0.0232% | Short Backpack, long LBank |
| [UNI](https://arbtide.com/funding-rates/uni) | -0.0084% | 0.0100% | 0.0184% | Short LBank, long Backpack |
| [ZEC](https://arbtide.com/funding-rates/zec) | 0.0244% | 0.0100% | 0.0144% | Short Backpack, long LBank |
| [LINK](https://arbtide.com/funding-rates/link) | 0.0100% | -0.0044% | 0.0144% | Short Backpack, long LBank |
| [TRX](https://arbtide.com/funding-rates/trx) | -0.0301% | -0.0172% | 0.0129% | Short LBank, long Backpack |
| [PYTH](https://arbtide.com/funding-rates/pyth) | 0.0100% | -0.0022% | 0.0122% | Short Backpack, long LBank |
| [XLM](https://arbtide.com/funding-rates/xlm) | 0.0100% | -0.0009% | 0.0109% | Short Backpack, long LBank |
| [ARB](https://arbtide.com/funding-rates/arb) | 0.0100% | 0.0000% | 0.0100% | Short Backpack, long LBank |
| [ZORA](https://arbtide.com/funding-rates/zora) | 0.0001% | 0.0100% | 0.0099% | Short LBank, long Backpack |
| [SOL](https://arbtide.com/funding-rates/sol) | 0.0077% | -0.0005% | 0.0082% | Short Backpack, long LBank |
| [BNB](https://arbtide.com/funding-rates/bnb) | 0.0100% | 0.0177% | 0.0077% | Short LBank, long Backpack |
| [ETH](https://arbtide.com/funding-rates/eth) | 0.0100% | 0.0026% | 0.0074% | Short Backpack, long LBank |
| [ADA](https://arbtide.com/funding-rates/ada) | -0.0084% | -0.0011% | 0.0073% | Short LBank, long Backpack |
| [PUMP](https://arbtide.com/funding-rates/pump) | 0.0165% | 0.0100% | 0.0065% | Short Backpack, long LBank |
| [CRV](https://arbtide.com/funding-rates/crv) | 0.0100% | 0.0038% | 0.0062% | Short Backpack, long LBank |
| [OP](https://arbtide.com/funding-rates/op) | 0.0042% | 0.0100% | 0.0058% | Short LBank, long Backpack |
| [PENDLE](https://arbtide.com/funding-rates/pendle) | 0.0153% | 0.0100% | 0.0053% | Short Backpack, long LBank |
| [AERO](https://arbtide.com/funding-rates/aero) | 0.0150% | 0.0100% | 0.0050% | Short Backpack, long LBank |
| [BTC](https://arbtide.com/funding-rates/btc) | 0.0100% | 0.0050% | 0.0050% | Short Backpack, long LBank |
| [PEPE](https://arbtide.com/funding-rates/pepe) | 0.0100% | 0.0062% | 0.0038% | Short Backpack, long LBank |
| [GRAM](https://arbtide.com/funding-rates/gram) | 0.0062% | 0.0100% | 0.0038% | Short LBank, long Backpack |
| [PENGU](https://arbtide.com/funding-rates/pengu) | 0.0071% | 0.0100% | 0.0029% | Short LBank, long Backpack |
| [APT](https://arbtide.com/funding-rates/apt) | 0.0100% | 0.0077% | 0.0023% | Short Backpack, long LBank |
| [MEGA](https://arbtide.com/funding-rates/mega) | 0.0119% | 0.0100% | 0.0019% | Short Backpack, long LBank |
| [PAXG](https://arbtide.com/funding-rates/paxg) | 0.0022% | 0.0040% | 0.0018% | Short LBank, long Backpack |
| [JUP](https://arbtide.com/funding-rates/jup) | 0.0118% | 0.0100% | 0.0018% | Short Backpack, long LBank |
| [DOGE](https://arbtide.com/funding-rates/doge) | 0.0098% | 0.0100% | 0.0002% | Short LBank, long Backpack |
| [XRP](https://arbtide.com/funding-rates/xrp) | 0.0030% | 0.0029% | 0.0001% | Short Backpack, long LBank |
| [AAVE](https://arbtide.com/funding-rates/aave) | 0.0100% | 0.0100% | 0.0000% | Short LBank, long Backpack |
| [LTC](https://arbtide.com/funding-rates/ltc) | 0.0100% | 0.0100% | 0.0000% | Short LBank, long Backpack |
| [AVAX](https://arbtide.com/funding-rates/avax) | 0.0100% | 0.0100% | 0.0000% | Short LBank, long Backpack |
| [HYPE](https://arbtide.com/funding-rates/hype) | 0.0100% | 0.0100% | 0.0000% | Short LBank, long Backpack |
| [DOT](https://arbtide.com/funding-rates/dot) | 0.0100% | 0.0100% | 0.0000% | Short LBank, long Backpack |
| [LDO](https://arbtide.com/funding-rates/ldo) | 0.0100% | 0.0100% | 0.0000% | Short LBank, long Backpack |
| [SUI](https://arbtide.com/funding-rates/sui) | 0.0100% | 0.0100% | 0.0000% | Short LBank, long Backpack |
| [WLD](https://arbtide.com/funding-rates/wld) | 0.0100% | 0.0100% | 0.0000% | Short LBank, long Backpack |
| [TAO](https://arbtide.com/funding-rates/tao) | 0.0100% | 0.0100% | 0.0000% | Short LBank, long Backpack |
| [XPL](https://arbtide.com/funding-rates/xpl) | 0.0100% | 0.0100% | 0.0000% | Short LBank, long Backpack |
| [ASTER](https://arbtide.com/funding-rates/aster) | 0.0100% | 0.0100% | 0.0000% | Short LBank, long Backpack |
| [KAITO](https://arbtide.com/funding-rates/kaito) | 0.0100% | 0.0100% | 0.0000% | Short LBank, long Backpack |
| [SEI](https://arbtide.com/funding-rates/sei) | 0.0100% | 0.0100% | 0.0000% | Short LBank, long Backpack |
| [TIA](https://arbtide.com/funding-rates/tia) | 0.0100% | 0.0100% | 0.0000% | Short LBank, long Backpack |
| [WIF](https://arbtide.com/funding-rates/wif) | 0.0100% | 0.0100% | 0.0000% | Short LBank, long Backpack |
| [BONK](https://arbtide.com/funding-rates/bonk) | 0.0100% | 0.0100% | 0.0000% | Short LBank, long Backpack |
| [FARTCOIN](https://arbtide.com/funding-rates/fartcoin) | 0.0100% | 0.0100% | 0.0000% | Short LBank, long Backpack |
| [ZRO](https://arbtide.com/funding-rates/zro) | 0.0100% | 0.0100% | 0.0000% | Short LBank, long Backpack |
| [SHIB](https://arbtide.com/funding-rates/shib) | 0.0100% | 0.0100% | 0.0000% | Short LBank, long Backpack |
| [LIT](https://arbtide.com/funding-rates/lit) | 0.0100% | 0.0100% | 0.0000% | Short LBank, long Backpack |
| [STRK](https://arbtide.com/funding-rates/strk) | 0.0100% | 0.0100% | 0.0000% | Short LBank, long Backpack |
| [VIRTUAL](https://arbtide.com/funding-rates/virtual) | 0.0100% | 0.0100% | 0.0000% | Short LBank, long Backpack |
| [VVV](https://arbtide.com/funding-rates/vvv) | 0.0100% | 0.0100% | 0.0000% | Short LBank, long Backpack |
| [LINEA](https://arbtide.com/funding-rates/linea) | 0.0100% | 0.0100% | 0.0000% | Short LBank, long Backpack |
| [0G](https://arbtide.com/funding-rates/0g) | 0.0100% | 0.0100% | 0.0000% | Short LBank, long Backpack |
| [BILL](https://arbtide.com/funding-rates/bill) | 0.0100% | 0.0100% | 0.0000% | Short LBank, long Backpack |

## Frequently asked questions

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

Right now LBank has the higher funding rate on 46 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 0.1963% per 8 hours (214.95% APR) before fees.