# Backpack vs OKX Funding Rates: 70 Coins Compared

As of 2026-10-03 04:28 UTC, Backpack and OKX share 70 liquid perpetual markets. Backpack has the higher funding rate on 24 of them (34%), and the average gap is 0.0196% per 8 hours (21.47% APR). The widest gap is 2Z at 0.2085% per 8 hours (228.30% APR): short on OKX and long on Backpack.

| Coin | Backpack per 8h | OKX per 8h | Gap per 8h | Funding arbitrage |
| --- | --- | --- | --- | --- |
| [2Z](https://arbtide.com/funding-rates/2z) | -0.7947% | -0.5862% | 0.2085% | Short OKX, long Backpack |
| [CHIP](https://arbtide.com/funding-rates/chip) | -0.0904% | 0.0100% | 0.1004% | Short OKX, long Backpack |
| [CC](https://arbtide.com/funding-rates/cc) | 0.0959% | -0.0040% | 0.0999% | Short Backpack, long OKX |
| [PYTH](https://arbtide.com/funding-rates/pyth) | -0.0742% | 0.0100% | 0.0842% | Short OKX, long Backpack |
| [EDGE](https://arbtide.com/funding-rates/edge) | -0.0704% | 0.0100% | 0.0804% | Short OKX, long Backpack |
| [BILL](https://arbtide.com/funding-rates/bill) | -0.0572% | 0.0100% | 0.0672% | Short OKX, long Backpack |
| [HBAR](https://arbtide.com/funding-rates/hbar) | -0.0509% | 0.0100% | 0.0609% | Short OKX, long Backpack |
| [BERA](https://arbtide.com/funding-rates/bera) | -0.0364% | 0.0100% | 0.0464% | Short OKX, long Backpack |
| [ENA](https://arbtide.com/funding-rates/ena) | -0.0367% | 0.0069% | 0.0435% | Short OKX, long Backpack |
| [DOT](https://arbtide.com/funding-rates/dot) | -0.0399% | -0.0001% | 0.0398% | Short OKX, long Backpack |
| [KMNO](https://arbtide.com/funding-rates/kmno) | -0.0655% | -0.0268% | 0.0387% | Short OKX, long Backpack |
| [JTO](https://arbtide.com/funding-rates/jto) | 0.0100% | -0.0257% | 0.0357% | Short Backpack, long OKX |
| [NEAR](https://arbtide.com/funding-rates/near) | 0.0100% | -0.0241% | 0.0341% | Short Backpack, long OKX |
| [TRX](https://arbtide.com/funding-rates/trx) | 0.0008% | -0.0302% | 0.0310% | Short Backpack, long OKX |
| [PENGU](https://arbtide.com/funding-rates/pengu) | -0.0382% | -0.0084% | 0.0298% | Short OKX, long Backpack |
| [LINEA](https://arbtide.com/funding-rates/linea) | 0.0395% | 0.0100% | 0.0295% | Short Backpack, long OKX |
| [ZORA](https://arbtide.com/funding-rates/zora) | -0.0175% | 0.0100% | 0.0275% | Short OKX, long Backpack |
| [BNB](https://arbtide.com/funding-rates/bnb) | 0.0100% | -0.0150% | 0.0250% | Short Backpack, long OKX |
| [BONK](https://arbtide.com/funding-rates/bonk) | -0.0168% | 0.0082% | 0.0250% | Short OKX, long Backpack |
| [KAITO](https://arbtide.com/funding-rates/kaito) | -0.0548% | -0.0314% | 0.0235% | Short OKX, long Backpack |
| [WIF](https://arbtide.com/funding-rates/wif) | -0.0121% | 0.0100% | 0.0221% | Short OKX, long Backpack |
| [TIA](https://arbtide.com/funding-rates/tia) | -0.0325% | -0.0108% | 0.0217% | Short OKX, long Backpack |
| [STRK](https://arbtide.com/funding-rates/strk) | -0.0102% | 0.0100% | 0.0202% | Short OKX, long Backpack |
| [PUMP](https://arbtide.com/funding-rates/pump) | 0.0260% | 0.0075% | 0.0185% | Short Backpack, long OKX |
| [TRUMP](https://arbtide.com/funding-rates/trump) | -0.0061% | 0.0100% | 0.0161% | Short OKX, long Backpack |
| [AVAX](https://arbtide.com/funding-rates/avax) | -0.0041% | 0.0100% | 0.0141% | Short OKX, long Backpack |
| [TAO](https://arbtide.com/funding-rates/tao) | 0.0100% | -0.0026% | 0.0126% | Short Backpack, long OKX |
| [XLM](https://arbtide.com/funding-rates/xlm) | 0.0100% | -0.0017% | 0.0117% | Short Backpack, long OKX |
| [JUP](https://arbtide.com/funding-rates/jup) | 0.0100% | -0.0005% | 0.0105% | Short Backpack, long OKX |
| [AAVE](https://arbtide.com/funding-rates/aave) | 0.0100% | -0.0005% | 0.0105% | Short Backpack, long OKX |
| [BTC](https://arbtide.com/funding-rates/btc) | 0.0100% | 0.0011% | 0.0089% | Short Backpack, long OKX |
| [GRAM](https://arbtide.com/funding-rates/gram) | 0.0014% | 0.0100% | 0.0086% | Short OKX, long Backpack |
| [ONDO](https://arbtide.com/funding-rates/ondo) | 0.0017% | 0.0100% | 0.0083% | Short OKX, long Backpack |
| [ZEC](https://arbtide.com/funding-rates/zec) | 0.0177% | 0.0100% | 0.0077% | Short Backpack, long OKX |
| [FARTCOIN](https://arbtide.com/funding-rates/fartcoin) | 0.0100% | 0.0160% | 0.0060% | Short OKX, long Backpack |
| [ZRO](https://arbtide.com/funding-rates/zro) | -0.0109% | -0.0169% | 0.0060% | Short Backpack, long OKX |
| [XRP](https://arbtide.com/funding-rates/xrp) | 0.0100% | 0.0045% | 0.0055% | Short Backpack, long OKX |
| [PEPE](https://arbtide.com/funding-rates/pepe) | -0.0001% | 0.0049% | 0.0050% | Short OKX, long Backpack |
| [MEGA](https://arbtide.com/funding-rates/mega) | 0.0100% | 0.0052% | 0.0048% | Short Backpack, long OKX |
| [DOGE](https://arbtide.com/funding-rates/doge) | 0.0056% | 0.0100% | 0.0044% | Short OKX, long Backpack |
| [W](https://arbtide.com/funding-rates/w) | 0.0128% | 0.0100% | 0.0028% | Short Backpack, long OKX |
| [ETH](https://arbtide.com/funding-rates/eth) | 0.0100% | 0.0076% | 0.0024% | Short Backpack, long OKX |
| [WLFI](https://arbtide.com/funding-rates/wlfi) | 0.0100% | 0.0078% | 0.0022% | Short Backpack, long OKX |
| [MON](https://arbtide.com/funding-rates/mon) | -0.0048% | -0.0027% | 0.0022% | Short OKX, long Backpack |
| [LIT](https://arbtide.com/funding-rates/lit) | 0.0117% | 0.0100% | 0.0017% | Short Backpack, long OKX |
| [XPL](https://arbtide.com/funding-rates/xpl) | 0.0030% | 0.0046% | 0.0016% | Short OKX, long Backpack |
| [LTC](https://arbtide.com/funding-rates/ltc) | -0.0036% | -0.0051% | 0.0015% | Short Backpack, long OKX |
| [ARB](https://arbtide.com/funding-rates/arb) | -0.0001% | 0.0011% | 0.0012% | Short OKX, long Backpack |
| [CRV](https://arbtide.com/funding-rates/crv) | 0.0100% | 0.0091% | 0.0009% | Short Backpack, long OKX |
| [ADA](https://arbtide.com/funding-rates/ada) | 0.0092% | 0.0100% | 0.0008% | Short OKX, long Backpack |
| [HYPE](https://arbtide.com/funding-rates/hype) | 0.0100% | 0.0094% | 0.0006% | Short Backpack, long OKX |
| [SOL](https://arbtide.com/funding-rates/sol) | 0.0016% | 0.0013% | 0.0003% | Short Backpack, long OKX |
| [OP](https://arbtide.com/funding-rates/op) | 0.0098% | 0.0100% | 0.0002% | Short OKX, long Backpack |
| [LINK](https://arbtide.com/funding-rates/link) | 0.0100% | 0.0100% | 0.0000% | Short OKX, long Backpack |
| [UNI](https://arbtide.com/funding-rates/uni) | 0.0100% | 0.0100% | 0.0000% | Short OKX, long Backpack |
| [APT](https://arbtide.com/funding-rates/apt) | 0.0100% | 0.0100% | 0.0000% | Short OKX, long Backpack |
| [LDO](https://arbtide.com/funding-rates/ldo) | 0.0100% | 0.0100% | 0.0000% | Short OKX, long Backpack |
| [SUI](https://arbtide.com/funding-rates/sui) | 0.0100% | 0.0100% | 0.0000% | Short OKX, long Backpack |
| [WLD](https://arbtide.com/funding-rates/wld) | 0.0100% | 0.0100% | 0.0000% | Short OKX, long Backpack |
| [ASTER](https://arbtide.com/funding-rates/aster) | 0.0100% | 0.0100% | 0.0000% | Short OKX, long Backpack |
| [PENDLE](https://arbtide.com/funding-rates/pendle) | 0.0100% | 0.0100% | 0.0000% | Short OKX, long Backpack |
| [SEI](https://arbtide.com/funding-rates/sei) | 0.0100% | 0.0100% | 0.0000% | Short OKX, long Backpack |
| [SHIB](https://arbtide.com/funding-rates/shib) | 0.0100% | 0.0100% | 0.0000% | Short OKX, long Backpack |
| [VIRTUAL](https://arbtide.com/funding-rates/virtual) | 0.0100% | 0.0100% | 0.0000% | Short OKX, long Backpack |
| [S](https://arbtide.com/funding-rates/s) | 0.0100% | 0.0100% | 0.0000% | Short OKX, long Backpack |
| [VVV](https://arbtide.com/funding-rates/vvv) | 0.0100% | 0.0100% | 0.0000% | Short OKX, long Backpack |
| [AVNT](https://arbtide.com/funding-rates/avnt) | 0.0100% | 0.0100% | 0.0000% | Short OKX, long Backpack |
| [AERO](https://arbtide.com/funding-rates/aero) | 0.0100% | 0.0100% | 0.0000% | Short OKX, long Backpack |
| [MET](https://arbtide.com/funding-rates/met) | 0.0100% | 0.0100% | 0.0000% | Short OKX, long Backpack |
| [0G](https://arbtide.com/funding-rates/0g) | 0.0100% | 0.0100% | 0.0000% | Short OKX, long Backpack |

## Frequently asked questions

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

Right now OKX has the higher funding rate on 46 of 70 shared coins.

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

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

Yes, by going long where funding is lower and short where it is higher. The largest gap right now is 2Z at 0.2085% per 8 hours (228.30% APR) before fees.