# Backpack vs MEXC Funding Rates: 72 Coins Compared

As of 2026-10-03 10:48 UTC, Backpack and MEXC share 72 liquid perpetual markets. Backpack has the higher funding rate on 27 of them (38%), and the average gap is 0.0124% per 8 hours (13.55% APR). The widest gap is KMNO at 0.0684% per 8 hours (74.95% APR): short on MEXC and long on Backpack.

| Coin | Backpack per 8h | MEXC per 8h | Gap per 8h | Funding arbitrage |
| --- | --- | --- | --- | --- |
| [KMNO](https://arbtide.com/funding-rates/kmno) | -0.0584% | 0.0100% | 0.0684% | Short MEXC, long Backpack |
| [LIT](https://arbtide.com/funding-rates/lit) | 0.0707% | 0.0100% | 0.0607% | Short Backpack, long MEXC |
| [2Z](https://arbtide.com/funding-rates/2z) | -0.5239% | -0.5826% | 0.0587% | Short Backpack, long MEXC |
| [NEAR](https://arbtide.com/funding-rates/near) | 0.0683% | 0.0100% | 0.0583% | Short Backpack, long MEXC |
| [EDGE](https://arbtide.com/funding-rates/edge) | -0.0466% | 0.0100% | 0.0566% | Short MEXC, long Backpack |
| [CC](https://arbtide.com/funding-rates/cc) | 0.0637% | 0.0100% | 0.0537% | Short Backpack, long MEXC |
| [GRAM](https://arbtide.com/funding-rates/gram) | -0.0378% | 0.0100% | 0.0478% | Short MEXC, long Backpack |
| [WLFI](https://arbtide.com/funding-rates/wlfi) | -0.0225% | 0.0100% | 0.0325% | Short MEXC, long Backpack |
| [MNT](https://arbtide.com/funding-rates/mnt) | 0.0100% | -0.0217% | 0.0317% | Short Backpack, long MEXC |
| [PENDLE](https://arbtide.com/funding-rates/pendle) | 0.0373% | 0.0069% | 0.0304% | Short Backpack, long MEXC |
| [S](https://arbtide.com/funding-rates/s) | -0.0172% | 0.0100% | 0.0272% | Short MEXC, long Backpack |
| [TRUMP](https://arbtide.com/funding-rates/trump) | -0.0240% | 0.0022% | 0.0262% | Short MEXC, long Backpack |
| [SKR](https://arbtide.com/funding-rates/skr) | 0.0337% | 0.0100% | 0.0237% | Short Backpack, long MEXC |
| [TRX](https://arbtide.com/funding-rates/trx) | 0.0078% | -0.0146% | 0.0224% | Short Backpack, long MEXC |
| [CHIP](https://arbtide.com/funding-rates/chip) | -0.0120% | 0.0100% | 0.0220% | Short MEXC, long Backpack |
| [CRV](https://arbtide.com/funding-rates/crv) | 0.0100% | -0.0101% | 0.0201% | Short Backpack, long MEXC |
| [PEPE](https://arbtide.com/funding-rates/pepe) | 0.0100% | -0.0096% | 0.0196% | Short Backpack, long MEXC |
| [VVV](https://arbtide.com/funding-rates/vvv) | 0.0296% | 0.0100% | 0.0196% | Short Backpack, long MEXC |
| [TIA](https://arbtide.com/funding-rates/tia) | -0.0092% | 0.0100% | 0.0192% | Short MEXC, long Backpack |
| [JUP](https://arbtide.com/funding-rates/jup) | 0.0265% | 0.0100% | 0.0165% | Short Backpack, long MEXC |
| [ZEC](https://arbtide.com/funding-rates/zec) | 0.0260% | 0.0100% | 0.0160% | Short Backpack, long MEXC |
| [ASTER](https://arbtide.com/funding-rates/aster) | 0.0100% | -0.0040% | 0.0140% | Short Backpack, long MEXC |
| [SOL](https://arbtide.com/funding-rates/sol) | -0.0079% | 0.0049% | 0.0128% | Short MEXC, long Backpack |
| [LDO](https://arbtide.com/funding-rates/ldo) | 0.0222% | 0.0100% | 0.0122% | Short Backpack, long MEXC |
| [BTC](https://arbtide.com/funding-rates/btc) | 0.0100% | -0.0015% | 0.0115% | Short Backpack, long MEXC |
| [ADA](https://arbtide.com/funding-rates/ada) | -0.0015% | 0.0100% | 0.0115% | Short MEXC, long Backpack |
| [UNI](https://arbtide.com/funding-rates/uni) | -0.0013% | 0.0100% | 0.0113% | Short MEXC, long Backpack |
| [ONDO](https://arbtide.com/funding-rates/ondo) | 0.0078% | -0.0032% | 0.0110% | Short Backpack, long MEXC |
| [AERO](https://arbtide.com/funding-rates/aero) | 0.0201% | 0.0100% | 0.0101% | Short Backpack, long MEXC |
| [BNB](https://arbtide.com/funding-rates/bnb) | 0.0100% | 0.0000% | 0.0100% | Short Backpack, long MEXC |
| [AAVE](https://arbtide.com/funding-rates/aave) | 0.0100% | 0.0011% | 0.0089% | Short Backpack, long MEXC |
| [BONK](https://arbtide.com/funding-rates/bonk) | 0.0100% | 0.0018% | 0.0082% | Short Backpack, long MEXC |
| [PENGU](https://arbtide.com/funding-rates/pengu) | -0.0036% | 0.0042% | 0.0078% | Short MEXC, long Backpack |
| [ETH](https://arbtide.com/funding-rates/eth) | 0.0100% | 0.0027% | 0.0073% | Short Backpack, long MEXC |
| [DOT](https://arbtide.com/funding-rates/dot) | 0.0100% | 0.0039% | 0.0061% | Short Backpack, long MEXC |
| [XRP](https://arbtide.com/funding-rates/xrp) | -0.0050% | 0.0001% | 0.0051% | Short MEXC, long Backpack |
| [LTC](https://arbtide.com/funding-rates/ltc) | 0.0100% | 0.0072% | 0.0028% | Short Backpack, long MEXC |
| [HBAR](https://arbtide.com/funding-rates/hbar) | 0.0100% | 0.0073% | 0.0027% | Short Backpack, long MEXC |
| [APT](https://arbtide.com/funding-rates/apt) | 0.0100% | 0.0077% | 0.0023% | Short Backpack, long MEXC |
| [DOGE](https://arbtide.com/funding-rates/doge) | 0.0100% | 0.0081% | 0.0019% | Short Backpack, long MEXC |
| [PAXG](https://arbtide.com/funding-rates/paxg) | 0.0060% | 0.0078% | 0.0018% | Short MEXC, long Backpack |
| [LINK](https://arbtide.com/funding-rates/link) | 0.0100% | 0.0100% | 0.0000% | Short MEXC, long Backpack |
| [ARB](https://arbtide.com/funding-rates/arb) | 0.0100% | 0.0100% | 0.0000% | Short MEXC, long Backpack |
| [HYPE](https://arbtide.com/funding-rates/hype) | 0.0100% | 0.0100% | 0.0000% | Short MEXC, long Backpack |
| [SUI](https://arbtide.com/funding-rates/sui) | 0.0100% | 0.0100% | 0.0000% | Short MEXC, long Backpack |
| [AVAX](https://arbtide.com/funding-rates/avax) | 0.0100% | 0.0100% | 0.0000% | Short MEXC, long Backpack |
| [ENA](https://arbtide.com/funding-rates/ena) | 0.0100% | 0.0100% | 0.0000% | Short MEXC, long Backpack |
| [TAO](https://arbtide.com/funding-rates/tao) | 0.0100% | 0.0100% | 0.0000% | Short MEXC, long Backpack |
| [WLD](https://arbtide.com/funding-rates/wld) | 0.0100% | 0.0100% | 0.0000% | Short MEXC, long Backpack |
| [OP](https://arbtide.com/funding-rates/op) | 0.0100% | 0.0100% | 0.0000% | Short MEXC, long Backpack |
| [XPL](https://arbtide.com/funding-rates/xpl) | 0.0100% | 0.0100% | 0.0000% | Short MEXC, long Backpack |
| [WIF](https://arbtide.com/funding-rates/wif) | 0.0100% | 0.0100% | 0.0000% | Short MEXC, long Backpack |
| [XLM](https://arbtide.com/funding-rates/xlm) | 0.0100% | 0.0100% | 0.0000% | Short MEXC, long Backpack |
| [JTO](https://arbtide.com/funding-rates/jto) | 0.0100% | 0.0100% | 0.0000% | Short MEXC, long Backpack |
| [KAITO](https://arbtide.com/funding-rates/kaito) | 0.0100% | 0.0100% | 0.0000% | Short MEXC, long Backpack |
| [SEI](https://arbtide.com/funding-rates/sei) | 0.0100% | 0.0100% | 0.0000% | Short MEXC, long Backpack |
| [FARTCOIN](https://arbtide.com/funding-rates/fartcoin) | 0.0100% | 0.0100% | 0.0000% | Short MEXC, long Backpack |
| [PYTH](https://arbtide.com/funding-rates/pyth) | 0.0100% | 0.0100% | 0.0000% | Short MEXC, long Backpack |
| [SHIB](https://arbtide.com/funding-rates/shib) | 0.0100% | 0.0100% | 0.0000% | Short MEXC, long Backpack |
| [ZRO](https://arbtide.com/funding-rates/zro) | 0.0100% | 0.0100% | 0.0000% | Short MEXC, long Backpack |
| [STRK](https://arbtide.com/funding-rates/strk) | 0.0100% | 0.0100% | 0.0000% | Short MEXC, long Backpack |
| [VIRTUAL](https://arbtide.com/funding-rates/virtual) | 0.0100% | 0.0100% | 0.0000% | Short MEXC, long Backpack |
| [XMR](https://arbtide.com/funding-rates/xmr) | 0.0100% | 0.0100% | 0.0000% | Short MEXC, long Backpack |
| [ZORA](https://arbtide.com/funding-rates/zora) | 0.0100% | 0.0100% | 0.0000% | Short MEXC, long Backpack |
| [MEGA](https://arbtide.com/funding-rates/mega) | 0.0100% | 0.0100% | 0.0000% | Short MEXC, long Backpack |
| [W](https://arbtide.com/funding-rates/w) | 0.0100% | 0.0100% | 0.0000% | Short MEXC, long Backpack |
| [AVNT](https://arbtide.com/funding-rates/avnt) | 0.0100% | 0.0100% | 0.0000% | Short MEXC, long Backpack |
| [BERA](https://arbtide.com/funding-rates/bera) | 0.0100% | 0.0100% | 0.0000% | Short MEXC, long Backpack |
| [LINEA](https://arbtide.com/funding-rates/linea) | 0.0100% | 0.0100% | 0.0000% | Short MEXC, long Backpack |
| [MET](https://arbtide.com/funding-rates/met) | 0.0100% | 0.0100% | 0.0000% | Short MEXC, long Backpack |
| [0G](https://arbtide.com/funding-rates/0g) | 0.0100% | 0.0100% | 0.0000% | Short MEXC, long Backpack |
| [BILL](https://arbtide.com/funding-rates/bill) | 0.0100% | 0.0100% | 0.0000% | Short MEXC, long Backpack |

## Frequently asked questions

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

Right now MEXC has the higher funding rate on 45 of 72 shared coins.

### How often do Backpack and MEXC pay funding?

On shared markets, Backpack pays every 1 hours and MEXC 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 MEXC?

Yes, by going long where funding is lower and short where it is higher. The largest gap right now is KMNO at 0.0684% per 8 hours (74.95% APR) before fees.