# Backpack vs Paradex Funding Rates: 40 Coins Compared

As of 2026-10-03 09:30 UTC, Backpack and Paradex share 40 liquid perpetual markets. Backpack has the higher funding rate on 27 of them (68%), and the average gap is 0.0129% per 8 hours (14.07% APR). The widest gap is LIT at 0.1053% per 8 hours (115.30% APR): short on Backpack and long on Paradex.

| Coin | Backpack per 8h | Paradex per 8h | Gap per 8h | Funding arbitrage |
| --- | --- | --- | --- | --- |
| [LIT](https://arbtide.com/funding-rates/lit) | 0.1153% | 0.0100% | 0.1053% | Short Backpack, long Paradex |
| [CC](https://arbtide.com/funding-rates/cc) | 0.0800% | 0.0055% | 0.0745% | Short Backpack, long Paradex |
| [TRUMP](https://arbtide.com/funding-rates/trump) | -0.0385% | 0.0100% | 0.0485% | Short Paradex, long Backpack |
| [NEAR](https://arbtide.com/funding-rates/near) | 0.0421% | 0.0099% | 0.0322% | Short Backpack, long Paradex |
| [GRAM](https://arbtide.com/funding-rates/gram) | -0.0216% | 0.0099% | 0.0315% | Short Paradex, long Backpack |
| [PYTH](https://arbtide.com/funding-rates/pyth) | -0.0273% | 0.0034% | 0.0308% | Short Paradex, long Backpack |
| [JUP](https://arbtide.com/funding-rates/jup) | 0.0100% | -0.0138% | 0.0238% | Short Backpack, long Paradex |
| [WLFI](https://arbtide.com/funding-rates/wlfi) | 0.0100% | -0.0133% | 0.0233% | Short Backpack, long Paradex |
| [ENA](https://arbtide.com/funding-rates/ena) | -0.0076% | 0.0100% | 0.0175% | Short Paradex, long Backpack |
| [ZEC](https://arbtide.com/funding-rates/zec) | 0.0275% | 0.0100% | 0.0175% | Short Backpack, long Paradex |
| [UNI](https://arbtide.com/funding-rates/uni) | -0.0065% | 0.0099% | 0.0164% | Short Paradex, long Backpack |
| [VVV](https://arbtide.com/funding-rates/vvv) | 0.0218% | 0.0108% | 0.0109% | Short Backpack, long Paradex |
| [AAVE](https://arbtide.com/funding-rates/aave) | 0.0100% | -0.0001% | 0.0101% | Short Backpack, long Paradex |
| [SOL](https://arbtide.com/funding-rates/sol) | -0.0046% | 0.0049% | 0.0096% | Short Paradex, long Backpack |
| [AVAX](https://arbtide.com/funding-rates/avax) | -0.0001% | 0.0089% | 0.0089% | Short Paradex, long Backpack |
| [BTC](https://arbtide.com/funding-rates/btc) | 0.0100% | 0.0011% | 0.0089% | Short Backpack, long Paradex |
| [ONDO](https://arbtide.com/funding-rates/ondo) | -0.0077% | -0.0002% | 0.0075% | Short Paradex, long Backpack |
| [JTO](https://arbtide.com/funding-rates/jto) | 0.0100% | 0.0041% | 0.0059% | Short Backpack, long Paradex |
| [BNB](https://arbtide.com/funding-rates/bnb) | 0.0100% | 0.0049% | 0.0051% | Short Backpack, long Paradex |
| [ETH](https://arbtide.com/funding-rates/eth) | 0.0100% | 0.0057% | 0.0043% | Short Backpack, long Paradex |
| [XRP](https://arbtide.com/funding-rates/xrp) | -0.0012% | 0.0028% | 0.0039% | Short Paradex, long Backpack |
| [PENDLE](https://arbtide.com/funding-rates/pendle) | 0.0100% | 0.0068% | 0.0032% | Short Backpack, long Paradex |
| [TRX](https://arbtide.com/funding-rates/trx) | -0.0022% | -0.0053% | 0.0031% | Short Backpack, long Paradex |
| [XPL](https://arbtide.com/funding-rates/xpl) | 0.0100% | 0.0070% | 0.0030% | Short Backpack, long Paradex |
| [PAXG](https://arbtide.com/funding-rates/paxg) | 0.0082% | 0.0100% | 0.0018% | Short Paradex, long Backpack |
| [PUMP](https://arbtide.com/funding-rates/pump) | 0.0118% | 0.0100% | 0.0018% | Short Backpack, long Paradex |
| [PEPE](https://arbtide.com/funding-rates/pepe) | 0.0029% | 0.0045% | 0.0016% | Short Paradex, long Backpack |
| [ADA](https://arbtide.com/funding-rates/ada) | 0.0082% | 0.0090% | 0.0009% | Short Paradex, long Backpack |
| [LINK](https://arbtide.com/funding-rates/link) | 0.0100% | 0.0093% | 0.0007% | Short Backpack, long Paradex |
| [HYPE](https://arbtide.com/funding-rates/hype) | 0.0100% | 0.0096% | 0.0004% | Short Backpack, long Paradex |
| [DOGE](https://arbtide.com/funding-rates/doge) | 0.0100% | 0.0096% | 0.0004% | Short Backpack, long Paradex |
| [KAITO](https://arbtide.com/funding-rates/kaito) | 0.0100% | 0.0097% | 0.0003% | Short Backpack, long Paradex |
| [MON](https://arbtide.com/funding-rates/mon) | 0.0100% | 0.0099% | 0.0001% | Short Backpack, long Paradex |
| [TAO](https://arbtide.com/funding-rates/tao) | 0.0100% | 0.0099% | 0.0001% | Short Backpack, long Paradex |
| [SUI](https://arbtide.com/funding-rates/sui) | 0.0100% | 0.0099% | 0.0001% | Short Backpack, long Paradex |
| [STRK](https://arbtide.com/funding-rates/strk) | 0.0100% | 0.0099% | 0.0001% | Short Backpack, long Paradex |
| [LTC](https://arbtide.com/funding-rates/ltc) | 0.0100% | 0.0100% | 0.0000% | Short Backpack, long Paradex |
| [XMR](https://arbtide.com/funding-rates/xmr) | 0.0100% | 0.0100% | 0.0000% | Short Paradex, long Backpack |
| [LDO](https://arbtide.com/funding-rates/ldo) | 0.0100% | 0.0100% | 0.0000% | Short Backpack, long Paradex |
| [SHIB](https://arbtide.com/funding-rates/shib) | 0.0100% | 0.0100% | 0.0000% | Short Backpack, long Paradex |

## Frequently asked questions

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

Right now Backpack has the higher funding rate on 27 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 LIT at 0.1053% per 8 hours (115.30% APR) before fees.