Backpack vs BingX Funding Rates: 68 Coins Compared
As of 2026-10-03 02:29 UTC, Backpack and BingX share 68 liquid perpetual markets. Backpack has the higher funding rate on 15 of them (22%), and the average gap is 0.0150% per 8 hours (16.42% APR). The widest gap is CHIP at 0.1208% per 8 hours (132.29% APR): short on BingX and long on Backpack.
Largest funding gaps between Backpack and BingX
- 0.1208%Gap per 8h
- Backpack per 8h
- -0.1108%
- BingX per 8h
- 0.0100%
- Funding arbitrage
- Short BingX, long Backpack
- 0.0864%Gap per 8h
- Backpack per 8h
- -0.0764%
- BingX per 8h
- 0.0100%
- Funding arbitrage
- Short BingX, long Backpack
- 0.0856%Gap per 8h
- Backpack per 8h
- 0.0956%
- BingX per 8h
- 0.0100%
- Funding arbitrage
- Short Backpack, long BingX
- 0.0832%Gap per 8h
- Backpack per 8h
- -0.0732%
- BingX per 8h
- 0.0100%
- Funding arbitrage
- Short BingX, long Backpack
- 0.0762%Gap per 8h
- Backpack per 8h
- -0.0662%
- BingX per 8h
- 0.0100%
- Funding arbitrage
- Short BingX, long Backpack
- 0.0708%Gap per 8h
- Backpack per 8h
- 0.0808%
- BingX per 8h
- 0.0100%
- Funding arbitrage
- Short Backpack, long BingX
- 0.0584%Gap per 8h
- Backpack per 8h
- -0.0484%
- BingX per 8h
- 0.0100%
- Funding arbitrage
- Short BingX, long Backpack
- 0.0555%Gap per 8h
- Backpack per 8h
- -0.0455%
- BingX per 8h
- 0.0100%
- Funding arbitrage
- Short BingX, long Backpack
- 0.0436%Gap per 8h
- Backpack per 8h
- 0.0100%
- BingX per 8h
- 0.0536%
- Funding arbitrage
- Short BingX, long Backpack
- 0.0432%Gap per 8h
- Backpack per 8h
- -0.0332%
- BingX per 8h
- 0.0100%
- Funding arbitrage
- Short BingX, long Backpack
- 0.0322%Gap per 8h
- Backpack per 8h
- 0.0422%
- BingX per 8h
- 0.0100%
- Funding arbitrage
- Short Backpack, long BingX
- 0.0280%Gap per 8h
- Backpack per 8h
- 0.0380%
- BingX per 8h
- 0.0100%
- Funding arbitrage
- Short Backpack, long BingX
- 0.0256%Gap per 8h
- Backpack per 8h
- -0.0156%
- BingX per 8h
- 0.0100%
- Funding arbitrage
- Short BingX, long Backpack
- 0.0247%Gap per 8h
- Backpack per 8h
- -0.0147%
- BingX per 8h
- 0.0100%
- Funding arbitrage
- Short BingX, long Backpack
- 0.0225%Gap per 8h
- Backpack per 8h
- 0.0325%
- BingX per 8h
- 0.0100%
- Funding arbitrage
- Short Backpack, long BingX
- 0.0206%Gap per 8h
- Backpack per 8h
- -0.0427%
- BingX per 8h
- -0.0221%
- Funding arbitrage
- Short BingX, long Backpack
- 0.0198%Gap per 8h
- Backpack per 8h
- -0.0098%
- BingX per 8h
- 0.0100%
- Funding arbitrage
- Short BingX, long Backpack
- 0.0182%Gap per 8h
- Backpack per 8h
- -0.0082%
- BingX per 8h
- 0.0100%
- Funding arbitrage
- Short BingX, long Backpack
- 0.0141%Gap per 8h
- Backpack per 8h
- -0.3669%
- BingX per 8h
- -0.3528%
- Funding arbitrage
- Short BingX, long Backpack
- 0.0137%Gap per 8h
- Backpack per 8h
- 0.0237%
- BingX per 8h
- 0.0100%
- Funding arbitrage
- Short Backpack, long BingX
- 0.0127%Gap per 8h
- Backpack per 8h
- -0.0027%
- BingX per 8h
- 0.0100%
- Funding arbitrage
- Short BingX, long Backpack
- 0.0103%Gap per 8h
- Backpack per 8h
- -0.0003%
- BingX per 8h
- 0.0100%
- Funding arbitrage
- Short BingX, long Backpack
- 0.0082%Gap per 8h
- Backpack per 8h
- 0.0018%
- BingX per 8h
- 0.0100%
- Funding arbitrage
- Short BingX, long Backpack
- 0.0067%Gap per 8h
- Backpack per 8h
- 0.0100%
- BingX per 8h
- 0.0033%
- Funding arbitrage
- Short Backpack, long BingX
- 0.0066%Gap per 8h
- Backpack per 8h
- 0.0166%
- BingX per 8h
- 0.0100%
- Funding arbitrage
- Short Backpack, long BingX
- 0.0064%Gap per 8h
- Backpack per 8h
- 0.0064%
- BingX per 8h
- 0.0000%
- Funding arbitrage
- Short Backpack, long BingX
- 0.0061%Gap per 8h
- Backpack per 8h
- 0.0039%
- BingX per 8h
- 0.0100%
- Funding arbitrage
- Short BingX, long Backpack
- 0.0033%Gap per 8h
- Backpack per 8h
- 0.0067%
- BingX per 8h
- 0.0100%
- Funding arbitrage
- Short BingX, long Backpack
- 0.0030%Gap per 8h
- Backpack per 8h
- 0.0100%
- BingX per 8h
- 0.0070%
- Funding arbitrage
- Short Backpack, long BingX
- 0.0027%Gap per 8h
- Backpack per 8h
- 0.0100%
- BingX per 8h
- 0.0073%
- Funding arbitrage
- Short Backpack, long BingX
- 0.0026%Gap per 8h
- Backpack per 8h
- 0.0288%
- BingX per 8h
- 0.0262%
- Funding arbitrage
- Short Backpack, long BingX
- 0.0023%Gap per 8h
- Backpack per 8h
- 0.0077%
- BingX per 8h
- 0.0100%
- Funding arbitrage
- Short BingX, long Backpack
- 0.0022%Gap per 8h
- Backpack per 8h
- 0.0100%
- BingX per 8h
- 0.0078%
- Funding arbitrage
- Short Backpack, long BingX
- 0.0020%Gap per 8h
- Backpack per 8h
- 0.0100%
- BingX per 8h
- 0.0080%
- Funding arbitrage
- Short Backpack, long BingX
- 0.0012%Gap per 8h
- Backpack per 8h
- 0.0088%
- BingX per 8h
- 0.0100%
- Funding arbitrage
- Short BingX, long Backpack
- 0.0002%Gap per 8h
- Backpack per 8h
- 0.0102%
- BingX per 8h
- 0.0100%
- Funding arbitrage
- Short Backpack, long BingX
- 0.0001%Gap per 8h
- Backpack per 8h
- 0.0099%
- BingX per 8h
- 0.0100%
- Funding arbitrage
- Short BingX, long Backpack
- 0.0000%Gap per 8h
- Backpack per 8h
- 0.0100%
- BingX per 8h
- 0.0100%
- Funding arbitrage
- Short BingX, long Backpack
- 0.0000%Gap per 8h
- Backpack per 8h
- 0.0100%
- BingX per 8h
- 0.0100%
- Funding arbitrage
- Short BingX, long Backpack
- 0.0000%Gap per 8h
- Backpack per 8h
- 0.0100%
- BingX per 8h
- 0.0100%
- Funding arbitrage
- Short BingX, long Backpack
- 0.0000%Gap per 8h
- Backpack per 8h
- 0.0100%
- BingX per 8h
- 0.0100%
- Funding arbitrage
- Short BingX, long Backpack
- 0.0000%Gap per 8h
- Backpack per 8h
- 0.0100%
- BingX per 8h
- 0.0100%
- Funding arbitrage
- Short BingX, long Backpack
- 0.0000%Gap per 8h
- Backpack per 8h
- 0.0100%
- BingX per 8h
- 0.0100%
- Funding arbitrage
- Short BingX, long Backpack
- 0.0000%Gap per 8h
- Backpack per 8h
- 0.0100%
- BingX per 8h
- 0.0100%
- Funding arbitrage
- Short BingX, long Backpack
- 0.0000%Gap per 8h
- Backpack per 8h
- 0.0100%
- BingX per 8h
- 0.0100%
- Funding arbitrage
- Short BingX, long Backpack
- 0.0000%Gap per 8h
- Backpack per 8h
- 0.0100%
- BingX per 8h
- 0.0100%
- Funding arbitrage
- Short BingX, long Backpack
- 0.0000%Gap per 8h
- Backpack per 8h
- 0.0100%
- BingX per 8h
- 0.0100%
- Funding arbitrage
- Short BingX, long Backpack
- 0.0000%Gap per 8h
- Backpack per 8h
- 0.0100%
- BingX per 8h
- 0.0100%
- Funding arbitrage
- Short BingX, long Backpack
- 0.0000%Gap per 8h
- Backpack per 8h
- 0.0100%
- BingX per 8h
- 0.0100%
- Funding arbitrage
- Short BingX, long Backpack
- 0.0000%Gap per 8h
- Backpack per 8h
- 0.0100%
- BingX per 8h
- 0.0100%
- Funding arbitrage
- Short BingX, long Backpack
- 0.0000%Gap per 8h
- Backpack per 8h
- 0.0100%
- BingX per 8h
- 0.0100%
- Funding arbitrage
- Short BingX, long Backpack
- 0.0000%Gap per 8h
- Backpack per 8h
- 0.0100%
- BingX per 8h
- 0.0100%
- Funding arbitrage
- Short BingX, long Backpack
- 0.0000%Gap per 8h
- Backpack per 8h
- 0.0100%
- BingX per 8h
- 0.0100%
- Funding arbitrage
- Short BingX, long Backpack
- 0.0000%Gap per 8h
- Backpack per 8h
- 0.0100%
- BingX per 8h
- 0.0100%
- Funding arbitrage
- Short BingX, long Backpack
- 0.0000%Gap per 8h
- Backpack per 8h
- 0.0100%
- BingX per 8h
- 0.0100%
- Funding arbitrage
- Short BingX, long Backpack
- 0.0000%Gap per 8h
- Backpack per 8h
- 0.0100%
- BingX per 8h
- 0.0100%
- Funding arbitrage
- Short BingX, long Backpack
- 0.0000%Gap per 8h
- Backpack per 8h
- 0.0100%
- BingX per 8h
- 0.0100%
- Funding arbitrage
- Short BingX, long Backpack
- 0.0000%Gap per 8h
- Backpack per 8h
- 0.0100%
- BingX per 8h
- 0.0100%
- Funding arbitrage
- Short BingX, long Backpack
- 0.0000%Gap per 8h
- Backpack per 8h
- 0.0100%
- BingX per 8h
- 0.0100%
- Funding arbitrage
- Short BingX, long Backpack
- 0.0000%Gap per 8h
- Backpack per 8h
- 0.0100%
- BingX per 8h
- 0.0100%
- Funding arbitrage
- Short BingX, long Backpack
- 0.0000%Gap per 8h
- Backpack per 8h
- 0.0100%
- BingX per 8h
- 0.0100%
- Funding arbitrage
- Short BingX, long Backpack
- 0.0000%Gap per 8h
- Backpack per 8h
- 0.0100%
- BingX per 8h
- 0.0100%
- Funding arbitrage
- Short BingX, long Backpack
- 0.0000%Gap per 8h
- Backpack per 8h
- 0.0100%
- BingX per 8h
- 0.0100%
- Funding arbitrage
- Short BingX, long Backpack
- 0.0000%Gap per 8h
- Backpack per 8h
- 0.0100%
- BingX per 8h
- 0.0100%
- Funding arbitrage
- Short BingX, long Backpack
- 0.0000%Gap per 8h
- Backpack per 8h
- 0.0100%
- BingX per 8h
- 0.0100%
- Funding arbitrage
- Short BingX, long Backpack
- 0.0000%Gap per 8h
- Backpack per 8h
- 0.0100%
- BingX per 8h
- 0.0100%
- Funding arbitrage
- Short BingX, long Backpack
- 0.0000%Gap per 8h
- Backpack per 8h
- 0.0100%
- BingX per 8h
- 0.0100%
- Funding arbitrage
- Short BingX, long Backpack
- 0.0000%Gap per 8h
- Backpack per 8h
- 0.0100%
- BingX per 8h
- 0.0100%
- Funding arbitrage
- Short BingX, long Backpack
| CHIP | -0.1108% | 0.0100% | 0.1208% | Short BingX, long Backpack |
| PENGU | -0.0764% | 0.0100% | 0.0864% | Short BingX, long Backpack |
| CC | 0.0956% | 0.0100% | 0.0856% | Short Backpack, long BingX |
| PYTH | -0.0732% | 0.0100% | 0.0832% | Short BingX, long Backpack |
| KMNO | -0.0662% | 0.0100% | 0.0762% | Short BingX, long Backpack |
| SKR | 0.0808% | 0.0100% | 0.0708% | Short Backpack, long BingX |
| HBAR | -0.0484% | 0.0100% | 0.0584% | Short BingX, long Backpack |
| ZORA | -0.0455% | 0.0100% | 0.0555% | Short BingX, long Backpack |
| FARTCOIN | 0.0100% | 0.0536% | 0.0436% | Short BingX, long Backpack |
| ZRO | -0.0332% | 0.0100% | 0.0432% | Short BingX, long Backpack |
| PENDLE | 0.0422% | 0.0100% | 0.0322% | Short Backpack, long BingX |
| XMR | 0.0380% | 0.0100% | 0.0280% | Short Backpack, long BingX |
| DOT | -0.0156% | 0.0100% | 0.0256% | Short BingX, long Backpack |
| ARB | -0.0147% | 0.0100% | 0.0247% | Short BingX, long Backpack |
| AERO | 0.0325% | 0.0100% | 0.0225% | Short Backpack, long BingX |
| TRX | -0.0427% | -0.0221% | 0.0206% | Short BingX, long Backpack |
| TAO | -0.0098% | 0.0100% | 0.0198% | Short BingX, long Backpack |
| BONK | -0.0082% | 0.0100% | 0.0182% | Short BingX, long Backpack |
| 2Z | -0.3669% | -0.3528% | 0.0141% | Short BingX, long Backpack |
| VVV | 0.0237% | 0.0100% | 0.0137% | Short Backpack, long BingX |
| PAXG | -0.0027% | 0.0100% | 0.0127% | Short BingX, long Backpack |
| WIF | -0.0003% | 0.0100% | 0.0103% | Short BingX, long Backpack |
| S | 0.0018% | 0.0100% | 0.0082% | Short BingX, long Backpack |
| AAVE | 0.0100% | 0.0033% | 0.0067% | Short Backpack, long BingX |
| PUMP | 0.0166% | 0.0100% | 0.0066% | Short Backpack, long BingX |
| SOL | 0.0064% | 0.0000% | 0.0064% | Short Backpack, long BingX |
| AVAX | 0.0039% | 0.0100% | 0.0061% | Short BingX, long Backpack |
| ADA | 0.0067% | 0.0100% | 0.0033% | Short BingX, long Backpack |
| SHIB | 0.0100% | 0.0070% | 0.0030% | Short Backpack, long BingX |
| MNT | 0.0100% | 0.0073% | 0.0027% | Short Backpack, long BingX |
| ZEC | 0.0288% | 0.0262% | 0.0026% | Short Backpack, long BingX |
| JTO | 0.0077% | 0.0100% | 0.0023% | Short BingX, long Backpack |
| XLM | 0.0100% | 0.0078% | 0.0022% | Short Backpack, long BingX |
| UNI | 0.0100% | 0.0080% | 0.0020% | Short Backpack, long BingX |
| XPL | 0.0088% | 0.0100% | 0.0012% | Short BingX, long Backpack |
| AVNT | 0.0102% | 0.0100% | 0.0002% | Short Backpack, long BingX |
| W | 0.0099% | 0.0100% | 0.0001% | Short BingX, long Backpack |
| BTC | 0.0100% | 0.0100% | 0.0000% | Short BingX, long Backpack |
| ETH | 0.0100% | 0.0100% | 0.0000% | Short BingX, long Backpack |
| LINK | 0.0100% | 0.0100% | 0.0000% | Short BingX, long Backpack |
| LTC | 0.0100% | 0.0100% | 0.0000% | Short BingX, long Backpack |
| BNB | 0.0100% | 0.0100% | 0.0000% | Short BingX, long Backpack |
| DOGE | 0.0100% | 0.0100% | 0.0000% | Short BingX, long Backpack |
| HYPE | 0.0100% | 0.0100% | 0.0000% | Short BingX, long Backpack |
| NEAR | 0.0100% | 0.0100% | 0.0000% | Short BingX, long Backpack |
| SUI | 0.0100% | 0.0100% | 0.0000% | Short BingX, long Backpack |
| XRP | 0.0100% | 0.0100% | 0.0000% | Short BingX, long Backpack |
| ENA | 0.0100% | 0.0100% | 0.0000% | Short BingX, long Backpack |
| LDO | 0.0100% | 0.0100% | 0.0000% | Short BingX, long Backpack |
| PEPE | 0.0100% | 0.0100% | 0.0000% | Short BingX, long Backpack |
| WLD | 0.0100% | 0.0100% | 0.0000% | Short BingX, long Backpack |
| APT | 0.0100% | 0.0100% | 0.0000% | Short BingX, long Backpack |
| CRV | 0.0100% | 0.0100% | 0.0000% | Short BingX, long Backpack |
| JUP | 0.0100% | 0.0100% | 0.0000% | Short BingX, long Backpack |
| ONDO | 0.0100% | 0.0100% | 0.0000% | Short BingX, long Backpack |
| OP | 0.0100% | 0.0100% | 0.0000% | Short BingX, long Backpack |
| TRUMP | 0.0100% | 0.0100% | 0.0000% | Short BingX, long Backpack |
| TIA | 0.0100% | 0.0100% | 0.0000% | Short BingX, long Backpack |
| WLFI | 0.0100% | 0.0100% | 0.0000% | Short BingX, long Backpack |
| ASTER | 0.0100% | 0.0100% | 0.0000% | Short BingX, long Backpack |
| KAITO | 0.0100% | 0.0100% | 0.0000% | Short BingX, long Backpack |
| SEI | 0.0100% | 0.0100% | 0.0000% | Short BingX, long Backpack |
| STRK | 0.0100% | 0.0100% | 0.0000% | Short BingX, long Backpack |
| VIRTUAL | 0.0100% | 0.0100% | 0.0000% | Short BingX, long Backpack |
| MEGA | 0.0100% | 0.0100% | 0.0000% | Short BingX, long Backpack |
| BERA | 0.0100% | 0.0100% | 0.0000% | Short BingX, long Backpack |
| LINEA | 0.0100% | 0.0100% | 0.0000% | Short BingX, long Backpack |
| 0G | 0.0100% | 0.0100% | 0.0000% | Short BingX, long Backpack |
Showing 68 of 68
Frequently asked questions
- Which has higher funding rates, Backpack or BingX?
- Right now BingX has the higher funding rate on 53 of 68 shared coins.
- How often do Backpack and BingX pay funding?
- On shared markets, Backpack pays every 1 hours and BingX 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 BingX?
- Yes, by going long where funding is lower and short where it is higher. The largest gap right now is CHIP at 0.1208% per 8 hours (132.29% APR) before fees.