Backpack vs Binance Funding Rates: 73 Coins Compared
As of 2026-10-04 09:18 UTC, Backpack and Binance share 73 liquid perpetual markets. Backpack has the higher funding rate on 35 of them (48%), and the average gap is 0.0220% per 8 hours (24.07% APR). The widest gap is 2Z at 0.2990% per 8 hours (327.36% APR): short on Backpack and long on Binance.
Largest funding gaps between Backpack and Binance
- 0.2990%Gap per 8h
- Backpack per 8h
- 0.0717%
- Binance per 8h
- -0.2273%
- Funding arbitrage
- Short Backpack, long Binance
- 0.1090%Gap per 8h
- Backpack per 8h
- 0.1190%
- Binance per 8h
- 0.0100%
- Funding arbitrage
- Short Backpack, long Binance
- 0.0908%Gap per 8h
- Backpack per 8h
- 0.1008%
- Binance per 8h
- 0.0100%
- Funding arbitrage
- Short Backpack, long Binance
- 0.0887%Gap per 8h
- Backpack per 8h
- -0.0787%
- Binance per 8h
- 0.0100%
- Funding arbitrage
- Short Binance, long Backpack
- 0.0814%Gap per 8h
- Backpack per 8h
- -0.0714%
- Binance per 8h
- 0.0100%
- Funding arbitrage
- Short Binance, long Backpack
- 0.0787%Gap per 8h
- Backpack per 8h
- 0.0887%
- Binance per 8h
- 0.0100%
- Funding arbitrage
- Short Backpack, long Binance
- 0.0743%Gap per 8h
- Backpack per 8h
- 0.0843%
- Binance per 8h
- 0.0100%
- Funding arbitrage
- Short Backpack, long Binance
- 0.0689%Gap per 8h
- Backpack per 8h
- -0.0589%
- Binance per 8h
- 0.0100%
- Funding arbitrage
- Short Binance, long Backpack
- 0.0655%Gap per 8h
- Backpack per 8h
- -0.0555%
- Binance per 8h
- 0.0100%
- Funding arbitrage
- Short Binance, long Backpack
- 0.0616%Gap per 8h
- Backpack per 8h
- -0.0516%
- Binance per 8h
- 0.0100%
- Funding arbitrage
- Short Binance, long Backpack
- 0.0550%Gap per 8h
- Backpack per 8h
- -0.0879%
- Binance per 8h
- -0.0329%
- Funding arbitrage
- Short Binance, long Backpack
- 0.0518%Gap per 8h
- Backpack per 8h
- -0.0982%
- Binance per 8h
- -0.0465%
- Funding arbitrage
- Short Binance, long Backpack
- 0.0497%Gap per 8h
- Backpack per 8h
- 0.0597%
- Binance per 8h
- 0.0100%
- Funding arbitrage
- Short Backpack, long Binance
- 0.0366%Gap per 8h
- Backpack per 8h
- 0.0466%
- Binance per 8h
- 0.0100%
- Funding arbitrage
- Short Backpack, long Binance
- 0.0340%Gap per 8h
- Backpack per 8h
- 0.0440%
- Binance per 8h
- 0.0100%
- Funding arbitrage
- Short Backpack, long Binance
- 0.0302%Gap per 8h
- Backpack per 8h
- -0.0202%
- Binance per 8h
- 0.0100%
- Funding arbitrage
- Short Binance, long Backpack
- 0.0288%Gap per 8h
- Backpack per 8h
- -0.0188%
- Binance per 8h
- 0.0100%
- Funding arbitrage
- Short Binance, long Backpack
- 0.0247%Gap per 8h
- Backpack per 8h
- 0.0347%
- Binance per 8h
- 0.0100%
- Funding arbitrage
- Short Backpack, long Binance
- 0.0218%Gap per 8h
- Backpack per 8h
- -0.0288%
- Binance per 8h
- -0.0071%
- Funding arbitrage
- Short Binance, long Backpack
- 0.0194%Gap per 8h
- Backpack per 8h
- 0.0294%
- Binance per 8h
- 0.0100%
- Funding arbitrage
- Short Backpack, long Binance
- 0.0162%Gap per 8h
- Backpack per 8h
- 0.0100%
- Binance per 8h
- -0.0062%
- Funding arbitrage
- Short Backpack, long Binance
- 0.0154%Gap per 8h
- Backpack per 8h
- 0.0254%
- Binance per 8h
- 0.0100%
- Funding arbitrage
- Short Backpack, long Binance
- 0.0150%Gap per 8h
- Backpack per 8h
- -0.0146%
- Binance per 8h
- 0.0004%
- Funding arbitrage
- Short Binance, long Backpack
- 0.0147%Gap per 8h
- Backpack per 8h
- 0.0100%
- Binance per 8h
- -0.0047%
- Funding arbitrage
- Short Backpack, long Binance
- 0.0128%Gap per 8h
- Backpack per 8h
- 0.0100%
- Binance per 8h
- -0.0028%
- Funding arbitrage
- Short Backpack, long Binance
- 0.0116%Gap per 8h
- Backpack per 8h
- 0.0216%
- Binance per 8h
- 0.0100%
- Funding arbitrage
- Short Backpack, long Binance
- 0.0110%Gap per 8h
- Backpack per 8h
- 0.0210%
- Binance per 8h
- 0.0100%
- Funding arbitrage
- Short Backpack, long Binance
- 0.0109%Gap per 8h
- Backpack per 8h
- 0.0100%
- Binance per 8h
- -0.0009%
- Funding arbitrage
- Short Backpack, long Binance
- 0.0103%Gap per 8h
- Backpack per 8h
- 0.0100%
- Binance per 8h
- -0.0003%
- Funding arbitrage
- Short Backpack, long Binance
- 0.0099%Gap per 8h
- Backpack per 8h
- 0.0100%
- Binance per 8h
- 0.0001%
- Funding arbitrage
- Short Backpack, long Binance
- 0.0085%Gap per 8h
- Backpack per 8h
- 0.0100%
- Binance per 8h
- 0.0015%
- Funding arbitrage
- Short Backpack, long Binance
- 0.0083%Gap per 8h
- Backpack per 8h
- 0.0080%
- Binance per 8h
- -0.0003%
- Funding arbitrage
- Short Backpack, long Binance
- 0.0083%Gap per 8h
- Backpack per 8h
- 0.0183%
- Binance per 8h
- 0.0100%
- Funding arbitrage
- Short Backpack, long Binance
- 0.0082%Gap per 8h
- Backpack per 8h
- 0.0100%
- Binance per 8h
- 0.0018%
- Funding arbitrage
- Short Backpack, long Binance
- 0.0076%Gap per 8h
- Backpack per 8h
- -0.0107%
- Binance per 8h
- -0.0182%
- Funding arbitrage
- Short Backpack, long Binance
- 0.0075%Gap per 8h
- Backpack per 8h
- 0.0100%
- Binance per 8h
- 0.0025%
- Funding arbitrage
- Short Backpack, long Binance
- 0.0073%Gap per 8h
- Backpack per 8h
- 0.0100%
- Binance per 8h
- 0.0027%
- Funding arbitrage
- Short Backpack, long Binance
- 0.0068%Gap per 8h
- Backpack per 8h
- 0.0100%
- Binance per 8h
- 0.0032%
- Funding arbitrage
- Short Backpack, long Binance
- 0.0068%Gap per 8h
- Backpack per 8h
- -0.0025%
- Binance per 8h
- 0.0043%
- Funding arbitrage
- Short Binance, long Backpack
- 0.0064%Gap per 8h
- Backpack per 8h
- 0.0100%
- Binance per 8h
- 0.0036%
- Funding arbitrage
- Short Backpack, long Binance
- 0.0059%Gap per 8h
- Backpack per 8h
- 0.0041%
- Binance per 8h
- 0.0100%
- Funding arbitrage
- Short Binance, long Backpack
- 0.0046%Gap per 8h
- Backpack per 8h
- 0.0100%
- Binance per 8h
- 0.0054%
- Funding arbitrage
- Short Backpack, long Binance
- 0.0041%Gap per 8h
- Backpack per 8h
- 0.0096%
- Binance per 8h
- 0.0055%
- Funding arbitrage
- Short Backpack, long Binance
- 0.0040%Gap per 8h
- Backpack per 8h
- 0.0100%
- Binance per 8h
- 0.0060%
- Funding arbitrage
- Short Backpack, long Binance
- 0.0039%Gap per 8h
- Backpack per 8h
- 0.0100%
- Binance per 8h
- 0.0061%
- Funding arbitrage
- Short Backpack, long Binance
- 0.0020%Gap per 8h
- Backpack per 8h
- -0.0007%
- Binance per 8h
- 0.0013%
- Funding arbitrage
- Short Binance, long Backpack
- 0.0019%Gap per 8h
- Backpack per 8h
- 0.0081%
- Binance per 8h
- 0.0100%
- Funding arbitrage
- Short Binance, long Backpack
- 0.0017%Gap per 8h
- Backpack per 8h
- 0.0100%
- Binance per 8h
- 0.0083%
- Funding arbitrage
- Short Backpack, long Binance
- 0.0013%Gap per 8h
- Backpack per 8h
- 0.0100%
- Binance per 8h
- 0.0087%
- Funding arbitrage
- Short Backpack, long Binance
- 0.0011%Gap per 8h
- Backpack per 8h
- 0.0089%
- Binance per 8h
- 0.0100%
- Funding arbitrage
- Short Binance, long Backpack
- 0.0010%Gap per 8h
- Backpack per 8h
- 0.0054%
- Binance per 8h
- 0.0044%
- Funding arbitrage
- Short Backpack, long Binance
- 0.0000%Gap per 8h
- Backpack per 8h
- 0.0100%
- Binance per 8h
- 0.0100%
- Funding arbitrage
- Short Binance, long Backpack
- 0.0000%Gap per 8h
- Backpack per 8h
- 0.0100%
- Binance per 8h
- 0.0100%
- Funding arbitrage
- Short Binance, long Backpack
- 0.0000%Gap per 8h
- Backpack per 8h
- 0.0100%
- Binance per 8h
- 0.0100%
- Funding arbitrage
- Short Binance, long Backpack
- 0.0000%Gap per 8h
- Backpack per 8h
- 0.0100%
- Binance per 8h
- 0.0100%
- Funding arbitrage
- Short Binance, long Backpack
- 0.0000%Gap per 8h
- Backpack per 8h
- 0.0100%
- Binance per 8h
- 0.0100%
- Funding arbitrage
- Short Binance, long Backpack
- 0.0000%Gap per 8h
- Backpack per 8h
- 0.0100%
- Binance per 8h
- 0.0100%
- Funding arbitrage
- Short Binance, long Backpack
- 0.0000%Gap per 8h
- Backpack per 8h
- 0.0100%
- Binance per 8h
- 0.0100%
- Funding arbitrage
- Short Binance, long Backpack
- 0.0000%Gap per 8h
- Backpack per 8h
- 0.0100%
- Binance per 8h
- 0.0100%
- Funding arbitrage
- Short Binance, long Backpack
- 0.0000%Gap per 8h
- Backpack per 8h
- 0.0100%
- Binance per 8h
- 0.0100%
- Funding arbitrage
- Short Binance, long Backpack
- 0.0000%Gap per 8h
- Backpack per 8h
- 0.0100%
- Binance per 8h
- 0.0100%
- Funding arbitrage
- Short Binance, long Backpack
- 0.0000%Gap per 8h
- Backpack per 8h
- 0.0100%
- Binance per 8h
- 0.0100%
- Funding arbitrage
- Short Binance, long Backpack
- 0.0000%Gap per 8h
- Backpack per 8h
- 0.0100%
- Binance per 8h
- 0.0100%
- Funding arbitrage
- Short Binance, long Backpack
- 0.0000%Gap per 8h
- Backpack per 8h
- 0.0100%
- Binance per 8h
- 0.0100%
- Funding arbitrage
- Short Binance, long Backpack
- 0.0000%Gap per 8h
- Backpack per 8h
- 0.0100%
- Binance per 8h
- 0.0100%
- Funding arbitrage
- Short Binance, long Backpack
- 0.0000%Gap per 8h
- Backpack per 8h
- 0.0100%
- Binance per 8h
- 0.0100%
- Funding arbitrage
- Short Binance, long Backpack
- 0.0000%Gap per 8h
- Backpack per 8h
- 0.0100%
- Binance per 8h
- 0.0100%
- Funding arbitrage
- Short Binance, long Backpack
- 0.0000%Gap per 8h
- Backpack per 8h
- 0.0100%
- Binance per 8h
- 0.0100%
- Funding arbitrage
- Short Binance, long Backpack
- 0.0000%Gap per 8h
- Backpack per 8h
- 0.0100%
- Binance per 8h
- 0.0100%
- Funding arbitrage
- Short Binance, long Backpack
- 0.0000%Gap per 8h
- Backpack per 8h
- 0.0100%
- Binance per 8h
- 0.0100%
- Funding arbitrage
- Short Binance, long Backpack
- 0.0000%Gap per 8h
- Backpack per 8h
- 0.0100%
- Binance per 8h
- 0.0100%
- Funding arbitrage
- Short Binance, long Backpack
- 0.0000%Gap per 8h
- Backpack per 8h
- 0.0100%
- Binance per 8h
- 0.0100%
- Funding arbitrage
- Short Binance, long Backpack
- 0.0000%Gap per 8h
- Backpack per 8h
- 0.0100%
- Binance per 8h
- 0.0100%
- Funding arbitrage
- Short Binance, long Backpack
| 2Z | 0.0717% | -0.2273% | 0.2990% | Short Backpack, long Binance |
| EDGE | 0.1190% | 0.0100% | 0.1090% | Short Backpack, long Binance |
| MON | 0.1008% | 0.0100% | 0.0908% | Short Backpack, long Binance |
| CHIP | -0.0787% | 0.0100% | 0.0887% | Short Binance, long Backpack |
| AVNT | -0.0714% | 0.0100% | 0.0814% | Short Binance, long Backpack |
| MEGA | 0.0887% | 0.0100% | 0.0787% | Short Backpack, long Binance |
| SKR | 0.0843% | 0.0100% | 0.0743% | Short Backpack, long Binance |
| PYTH | -0.0589% | 0.0100% | 0.0689% | Short Binance, long Backpack |
| BERA | -0.0555% | 0.0100% | 0.0655% | Short Binance, long Backpack |
| W | -0.0516% | 0.0100% | 0.0616% | Short Binance, long Backpack |
| KMNO | -0.0879% | -0.0329% | 0.0550% | Short Binance, long Backpack |
| TRX | -0.0982% | -0.0465% | 0.0518% | Short Binance, long Backpack |
| PENDLE | 0.0597% | 0.0100% | 0.0497% | Short Backpack, long Binance |
| XMR | 0.0466% | 0.0100% | 0.0366% | Short Backpack, long Binance |
| NEAR | 0.0440% | 0.0100% | 0.0340% | Short Backpack, long Binance |
| ZORA | -0.0202% | 0.0100% | 0.0302% | Short Binance, long Backpack |
| WIF | -0.0188% | 0.0100% | 0.0288% | Short Binance, long Backpack |
| ASTER | 0.0347% | 0.0100% | 0.0247% | Short Backpack, long Binance |
| ADA | -0.0288% | -0.0071% | 0.0218% | Short Binance, long Backpack |
| LINEA | 0.0294% | 0.0100% | 0.0194% | Short Backpack, long Binance |
| AAVE | 0.0100% | -0.0062% | 0.0162% | Short Backpack, long Binance |
| ZEC | 0.0254% | 0.0100% | 0.0154% | Short Backpack, long Binance |
| CRV | -0.0146% | 0.0004% | 0.0150% | Short Binance, long Backpack |
| APT | 0.0100% | -0.0047% | 0.0147% | Short Backpack, long Binance |
| HBAR | 0.0100% | -0.0028% | 0.0128% | Short Backpack, long Binance |
| ZRO | 0.0216% | 0.0100% | 0.0116% | Short Backpack, long Binance |
| AERO | 0.0210% | 0.0100% | 0.0110% | Short Backpack, long Binance |
| TRUMP | 0.0100% | -0.0009% | 0.0109% | Short Backpack, long Binance |
| DOGE | 0.0100% | -0.0003% | 0.0103% | Short Backpack, long Binance |
| SEI | 0.0100% | 0.0001% | 0.0099% | Short Backpack, long Binance |
| LINK | 0.0100% | 0.0015% | 0.0085% | Short Backpack, long Binance |
| AVAX | 0.0080% | -0.0003% | 0.0083% | Short Backpack, long Binance |
| CC | 0.0183% | 0.0100% | 0.0083% | Short Backpack, long Binance |
| UNI | 0.0100% | 0.0018% | 0.0082% | Short Backpack, long Binance |
| PEPE | -0.0107% | -0.0182% | 0.0076% | Short Backpack, long Binance |
| ENA | 0.0100% | 0.0025% | 0.0075% | Short Backpack, long Binance |
| ARB | 0.0100% | 0.0027% | 0.0073% | Short Backpack, long Binance |
| SUI | 0.0100% | 0.0032% | 0.0068% | Short Backpack, long Binance |
| PAXG | -0.0025% | 0.0043% | 0.0068% | Short Binance, long Backpack |
| BTC | 0.0100% | 0.0036% | 0.0064% | Short Backpack, long Binance |
| SHIB | 0.0041% | 0.0100% | 0.0059% | Short Binance, long Backpack |
| LDO | 0.0100% | 0.0054% | 0.0046% | Short Backpack, long Binance |
| XRP | 0.0096% | 0.0055% | 0.0041% | Short Backpack, long Binance |
| ETH | 0.0100% | 0.0060% | 0.0040% | Short Backpack, long Binance |
| BNB | 0.0100% | 0.0061% | 0.0039% | Short Backpack, long Binance |
| JTO | -0.0007% | 0.0013% | 0.0020% | Short Binance, long Backpack |
| DOT | 0.0081% | 0.0100% | 0.0019% | Short Binance, long Backpack |
| XLM | 0.0100% | 0.0083% | 0.0017% | Short Backpack, long Binance |
| STRK | 0.0100% | 0.0087% | 0.0013% | Short Backpack, long Binance |
| OP | 0.0089% | 0.0100% | 0.0011% | Short Binance, long Backpack |
| ONDO | 0.0054% | 0.0044% | 0.0010% | Short Backpack, long Binance |
| LTC | 0.0100% | 0.0100% | 0.0000% | Short Binance, long Backpack |
| SOL | 0.0100% | 0.0100% | 0.0000% | Short Binance, long Backpack |
| HYPE | 0.0100% | 0.0100% | 0.0000% | Short Binance, long Backpack |
| TAO | 0.0100% | 0.0100% | 0.0000% | Short Binance, long Backpack |
| WLD | 0.0100% | 0.0100% | 0.0000% | Short Binance, long Backpack |
| JUP | 0.0100% | 0.0100% | 0.0000% | Short Binance, long Backpack |
| XPL | 0.0100% | 0.0100% | 0.0000% | Short Binance, long Backpack |
| TIA | 0.0100% | 0.0100% | 0.0000% | Short Binance, long Backpack |
| WLFI | 0.0100% | 0.0100% | 0.0000% | Short Binance, long Backpack |
| KAITO | 0.0100% | 0.0100% | 0.0000% | Short Binance, long Backpack |
| BONK | 0.0100% | 0.0100% | 0.0000% | Short Binance, long Backpack |
| FARTCOIN | 0.0100% | 0.0100% | 0.0000% | Short Binance, long Backpack |
| PENGU | 0.0100% | 0.0100% | 0.0000% | Short Binance, long Backpack |
| S | 0.0100% | 0.0100% | 0.0000% | Short Binance, long Backpack |
| VIRTUAL | 0.0100% | 0.0100% | 0.0000% | Short Binance, long Backpack |
| LIT | 0.0100% | 0.0100% | 0.0000% | Short Binance, long Backpack |
| PUMP | 0.0100% | 0.0100% | 0.0000% | Short Binance, long Backpack |
| VVV | 0.0100% | 0.0100% | 0.0000% | Short Binance, long Backpack |
| GRAM | 0.0100% | 0.0100% | 0.0000% | Short Binance, long Backpack |
| 0G | 0.0100% | 0.0100% | 0.0000% | Short Binance, long Backpack |
| MET | 0.0100% | 0.0100% | 0.0000% | Short Binance, long Backpack |
| BILL | 0.0100% | 0.0100% | 0.0000% | Short Binance, long Backpack |
Showing 73 of 73
Frequently asked questions
- Which has higher funding rates, Backpack or Binance?
- Right now Binance has the higher funding rate on 38 of 73 shared coins.
- How often do Backpack and Binance pay funding?
- On shared markets, Backpack pays every 1 hours and Binance 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 Binance?
- Yes, by going long where funding is lower and short where it is higher. The largest gap right now is 2Z at 0.2990% per 8 hours (327.36% APR) before fees.