ArbTide

Backpack vs Paradex Funding Rates: 40 Coins Compared

As of 2026-10-03 08:03 UTC, Backpack and Paradex share 40 liquid perpetual markets. Backpack has the higher funding rate on 21 of them (53%), and the average gap is 0.0208% per 8 hours (22.73% APR). The widest gap is KAITO at 0.2058% per 8 hours (225.32% APR): short on Paradex and long on Backpack.

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Backpack funding rates Paradex funding rates

Largest funding gaps between Backpack and Paradex

  • KAITO
    0.2058%
    Gap per 8h
    Backpack per 8h
    -0.1967%
    Paradex per 8h
    0.0091%
    Funding arbitrage
    Short Paradex, long Backpack

  • LIT
    0.1012%
    Gap per 8h
    Backpack per 8h
    0.1112%
    Paradex per 8h
    0.0100%
    Funding arbitrage
    Short Backpack, long Paradex

  • UNI
    0.1011%
    Gap per 8h
    Backpack per 8h
    -0.0911%
    Paradex per 8h
    0.0100%
    Funding arbitrage
    Short Paradex, long Backpack

  • GRAM
    0.0953%
    Gap per 8h
    Backpack per 8h
    -0.0857%
    Paradex per 8h
    0.0096%
    Funding arbitrage
    Short Paradex, long Backpack

  • CC
    0.0696%
    Gap per 8h
    Backpack per 8h
    0.0691%
    Paradex per 8h
    -0.0005%
    Funding arbitrage
    Short Backpack, long Paradex

  • STRK
    0.0474%
    Gap per 8h
    Backpack per 8h
    -0.0378%
    Paradex per 8h
    0.0097%
    Funding arbitrage
    Short Paradex, long Backpack

  • PENDLE
    0.0227%
    Gap per 8h
    Backpack per 8h
    -0.0200%
    Paradex per 8h
    0.0027%
    Funding arbitrage
    Short Paradex, long Backpack

  • ONDO
    0.0226%
    Gap per 8h
    Backpack per 8h
    -0.0197%
    Paradex per 8h
    0.0029%
    Funding arbitrage
    Short Paradex, long Backpack

  • AVAX
    0.0183%
    Gap per 8h
    Backpack per 8h
    -0.0098%
    Paradex per 8h
    0.0085%
    Funding arbitrage
    Short Paradex, long Backpack

  • LTC
    0.0153%
    Gap per 8h
    Backpack per 8h
    -0.0054%
    Paradex per 8h
    0.0099%
    Funding arbitrage
    Short Paradex, long Backpack

  • AAVE
    0.0140%
    Gap per 8h
    Backpack per 8h
    0.0100%
    Paradex per 8h
    -0.0040%
    Funding arbitrage
    Short Backpack, long Paradex

  • TAO
    0.0129%
    Gap per 8h
    Backpack per 8h
    -0.0034%
    Paradex per 8h
    0.0095%
    Funding arbitrage
    Short Paradex, long Backpack

  • TRUMP
    0.0128%
    Gap per 8h
    Backpack per 8h
    -0.0028%
    Paradex per 8h
    0.0100%
    Funding arbitrage
    Short Paradex, long Backpack

  • JUP
    0.0123%
    Gap per 8h
    Backpack per 8h
    0.0100%
    Paradex per 8h
    -0.0023%
    Funding arbitrage
    Short Backpack, long Paradex

  • SOL
    0.0120%
    Gap per 8h
    Backpack per 8h
    -0.0069%
    Paradex per 8h
    0.0051%
    Funding arbitrage
    Short Paradex, long Backpack

  • ZEC
    0.0093%
    Gap per 8h
    Backpack per 8h
    0.0193%
    Paradex per 8h
    0.0100%
    Funding arbitrage
    Short Backpack, long Paradex

  • PYTH
    0.0075%
    Gap per 8h
    Backpack per 8h
    -0.0043%
    Paradex per 8h
    0.0032%
    Funding arbitrage
    Short Paradex, long Backpack

  • BTC
    0.0062%
    Gap per 8h
    Backpack per 8h
    0.0100%
    Paradex per 8h
    0.0038%
    Funding arbitrage
    Short Backpack, long Paradex

  • WLFI
    0.0062%
    Gap per 8h
    Backpack per 8h
    0.0100%
    Paradex per 8h
    0.0038%
    Funding arbitrage
    Short Backpack, long Paradex

  • XPL
    0.0057%
    Gap per 8h
    Backpack per 8h
    0.0100%
    Paradex per 8h
    0.0043%
    Funding arbitrage
    Short Backpack, long Paradex

  • BNB
    0.0055%
    Gap per 8h
    Backpack per 8h
    0.0100%
    Paradex per 8h
    0.0045%
    Funding arbitrage
    Short Backpack, long Paradex

  • ADA
    0.0051%
    Gap per 8h
    Backpack per 8h
    0.0047%
    Paradex per 8h
    0.0098%
    Funding arbitrage
    Short Paradex, long Backpack

  • JTO
    0.0043%
    Gap per 8h
    Backpack per 8h
    -0.0158%
    Paradex per 8h
    -0.0115%
    Funding arbitrage
    Short Paradex, long Backpack

  • PUMP
    0.0037%
    Gap per 8h
    Backpack per 8h
    0.0136%
    Paradex per 8h
    0.0099%
    Funding arbitrage
    Short Backpack, long Paradex

  • PEPE
    0.0032%
    Gap per 8h
    Backpack per 8h
    -0.0048%
    Paradex per 8h
    -0.0015%
    Funding arbitrage
    Short Paradex, long Backpack

  • ETH
    0.0031%
    Gap per 8h
    Backpack per 8h
    0.0077%
    Paradex per 8h
    0.0046%
    Funding arbitrage
    Short Backpack, long Paradex

  • XRP
    0.0024%
    Gap per 8h
    Backpack per 8h
    0.0043%
    Paradex per 8h
    0.0067%
    Funding arbitrage
    Short Paradex, long Backpack

  • LINK
    0.0015%
    Gap per 8h
    Backpack per 8h
    0.0100%
    Paradex per 8h
    0.0085%
    Funding arbitrage
    Short Backpack, long Paradex

  • HYPE
    0.0013%
    Gap per 8h
    Backpack per 8h
    0.0100%
    Paradex per 8h
    0.0087%
    Funding arbitrage
    Short Backpack, long Paradex

  • MON
    0.0006%
    Gap per 8h
    Backpack per 8h
    0.0100%
    Paradex per 8h
    0.0094%
    Funding arbitrage
    Short Backpack, long Paradex

  • NEAR
    0.0003%
    Gap per 8h
    Backpack per 8h
    0.0100%
    Paradex per 8h
    0.0097%
    Funding arbitrage
    Short Backpack, long Paradex

  • TRX
    0.0003%
    Gap per 8h
    Backpack per 8h
    -0.0050%
    Paradex per 8h
    -0.0047%
    Funding arbitrage
    Short Paradex, long Backpack

  • ENA
    0.0003%
    Gap per 8h
    Backpack per 8h
    0.0100%
    Paradex per 8h
    0.0097%
    Funding arbitrage
    Short Backpack, long Paradex

  • VVV
    0.0001%
    Gap per 8h
    Backpack per 8h
    0.0100%
    Paradex per 8h
    0.0101%
    Funding arbitrage
    Short Paradex, long Backpack

  • SUI
    0.0001%
    Gap per 8h
    Backpack per 8h
    0.0100%
    Paradex per 8h
    0.0099%
    Funding arbitrage
    Short Backpack, long Paradex

  • SHIB
    0.0001%
    Gap per 8h
    Backpack per 8h
    0.0100%
    Paradex per 8h
    0.0099%
    Funding arbitrage
    Short Backpack, long Paradex

  • LDO
    0.0001%
    Gap per 8h
    Backpack per 8h
    0.0100%
    Paradex per 8h
    0.0099%
    Funding arbitrage
    Short Backpack, long Paradex

  • XMR
    0.0000%
    Gap per 8h
    Backpack per 8h
    0.0100%
    Paradex per 8h
    0.0100%
    Funding arbitrage
    Short Paradex, long Backpack

  • DOGE
    0.0000%
    Gap per 8h
    Backpack per 8h
    0.0100%
    Paradex per 8h
    0.0100%
    Funding arbitrage
    Short Backpack, long Paradex

  • PAXG
    0.0000%
    Gap per 8h
    Backpack per 8h
    0.0100%
    Paradex per 8h
    0.0100%
    Funding arbitrage
    Short Backpack, long Paradex

Showing 40 of 40

Frequently asked questions

Which has higher funding rates, Backpack or Paradex?
Right now Backpack has the higher funding rate on 21 of 40 shared coins.
How often do Backpack and Paradex pay funding?
On shared markets, Backpack pays every 1 hours and Paradex every 8 hours, depending on the contract. Rates on this page are annualized so they compare directly.
Can I arbitrage funding between Backpack and Paradex?
Yes, by going long where funding is lower and short where it is higher. The largest gap right now is KAITO at 0.2058% per 8 hours (225.32% APR) before fees.