Backpack vs BTSE Funding Rates: 47 Coins Compared
As of 2026-10-03 02:28 UTC, Backpack and BTSE share 47 liquid perpetual markets. Backpack has the higher funding rate on 8 of them (17%), and the average gap is 0.0152% per 8 hours (16.65% APR). The widest gap is CHIP at 0.1216% per 8 hours (133.12% APR): short on BTSE and long on Backpack.
Largest funding gaps between Backpack and BTSE
- 0.1216%Gap per 8h
- Backpack per 8h
- -0.1116%
- BTSE per 8h
- 0.0100%
- Funding arbitrage
- Short BTSE, long Backpack
- 0.0862%Gap per 8h
- Backpack per 8h
- -0.0762%
- BTSE per 8h
- 0.0100%
- Funding arbitrage
- Short BTSE, long Backpack
- 0.0830%Gap per 8h
- Backpack per 8h
- -0.0730%
- BTSE per 8h
- 0.0100%
- Funding arbitrage
- Short BTSE, long Backpack
- 0.0817%Gap per 8h
- Backpack per 8h
- -0.0717%
- BTSE per 8h
- 0.0100%
- Funding arbitrage
- Short BTSE, long Backpack
- 0.0569%Gap per 8h
- Backpack per 8h
- -0.0469%
- BTSE per 8h
- 0.0100%
- Funding arbitrage
- Short BTSE, long Backpack
- 0.0474%Gap per 8h
- Backpack per 8h
- -0.0429%
- BTSE per 8h
- 0.0044%
- Funding arbitrage
- Short BTSE, long Backpack
- 0.0320%Gap per 8h
- Backpack per 8h
- 0.0420%
- BTSE per 8h
- 0.0100%
- Funding arbitrage
- Short Backpack, long BTSE
- 0.0280%Gap per 8h
- Backpack per 8h
- 0.0380%
- BTSE per 8h
- 0.0100%
- Funding arbitrage
- Short Backpack, long BTSE
- 0.0258%Gap per 8h
- Backpack per 8h
- -0.0158%
- BTSE per 8h
- 0.0100%
- Funding arbitrage
- Short BTSE, long Backpack
- 0.0252%Gap per 8h
- Backpack per 8h
- -0.0152%
- BTSE per 8h
- 0.0100%
- Funding arbitrage
- Short BTSE, long Backpack
- 0.0199%Gap per 8h
- Backpack per 8h
- -0.0099%
- BTSE per 8h
- 0.0100%
- Funding arbitrage
- Short BTSE, long Backpack
- 0.0187%Gap per 8h
- Backpack per 8h
- 0.0287%
- BTSE per 8h
- 0.0100%
- Funding arbitrage
- Short Backpack, long BTSE
- 0.0157%Gap per 8h
- Backpack per 8h
- 0.0257%
- BTSE per 8h
- 0.0100%
- Funding arbitrage
- Short Backpack, long BTSE
- 0.0127%Gap per 8h
- Backpack per 8h
- -0.0027%
- BTSE per 8h
- 0.0100%
- Funding arbitrage
- Short BTSE, long Backpack
- 0.0115%Gap per 8h
- Backpack per 8h
- 0.0100%
- BTSE per 8h
- -0.0015%
- Funding arbitrage
- Short Backpack, long BTSE
- 0.0101%Gap per 8h
- Backpack per 8h
- -0.0001%
- BTSE per 8h
- 0.0100%
- Funding arbitrage
- Short BTSE, long Backpack
- 0.0098%Gap per 8h
- Backpack per 8h
- 0.0002%
- BTSE per 8h
- 0.0100%
- Funding arbitrage
- Short BTSE, long Backpack
- 0.0090%Gap per 8h
- Backpack per 8h
- 0.0100%
- BTSE per 8h
- 0.0010%
- Funding arbitrage
- Short Backpack, long BTSE
- 0.0061%Gap per 8h
- Backpack per 8h
- 0.0039%
- BTSE per 8h
- 0.0100%
- Funding arbitrage
- Short BTSE, long Backpack
- 0.0058%Gap per 8h
- Backpack per 8h
- 0.0158%
- BTSE per 8h
- 0.0100%
- Funding arbitrage
- Short Backpack, long BTSE
- 0.0029%Gap per 8h
- Backpack per 8h
- 0.0066%
- BTSE per 8h
- 0.0037%
- Funding arbitrage
- Short Backpack, long BTSE
- 0.0021%Gap per 8h
- Backpack per 8h
- 0.0079%
- BTSE per 8h
- 0.0100%
- Funding arbitrage
- Short BTSE, long Backpack
- 0.0012%Gap per 8h
- Backpack per 8h
- 0.0088%
- BTSE per 8h
- 0.0100%
- Funding arbitrage
- Short BTSE, long Backpack
- 0.0008%Gap per 8h
- Backpack per 8h
- 0.0067%
- BTSE per 8h
- 0.0075%
- Funding arbitrage
- Short BTSE, long Backpack
- 0.0005%Gap per 8h
- Backpack per 8h
- 0.0095%
- BTSE per 8h
- 0.0100%
- Funding arbitrage
- Short BTSE, long Backpack
- 0.0000%Gap per 8h
- Backpack per 8h
- 0.0100%
- BTSE per 8h
- 0.0100%
- Funding arbitrage
- Short BTSE, long Backpack
- 0.0000%Gap per 8h
- Backpack per 8h
- 0.0100%
- BTSE per 8h
- 0.0100%
- Funding arbitrage
- Short BTSE, long Backpack
- 0.0000%Gap per 8h
- Backpack per 8h
- 0.0100%
- BTSE per 8h
- 0.0100%
- Funding arbitrage
- Short BTSE, long Backpack
- 0.0000%Gap per 8h
- Backpack per 8h
- 0.0100%
- BTSE per 8h
- 0.0100%
- Funding arbitrage
- Short BTSE, long Backpack
- 0.0000%Gap per 8h
- Backpack per 8h
- 0.0100%
- BTSE per 8h
- 0.0100%
- Funding arbitrage
- Short BTSE, long Backpack
- 0.0000%Gap per 8h
- Backpack per 8h
- 0.0100%
- BTSE per 8h
- 0.0100%
- Funding arbitrage
- Short BTSE, long Backpack
- 0.0000%Gap per 8h
- Backpack per 8h
- 0.0100%
- BTSE per 8h
- 0.0100%
- Funding arbitrage
- Short BTSE, long Backpack
- 0.0000%Gap per 8h
- Backpack per 8h
- 0.0100%
- BTSE per 8h
- 0.0100%
- Funding arbitrage
- Short BTSE, long Backpack
- 0.0000%Gap per 8h
- Backpack per 8h
- 0.0100%
- BTSE per 8h
- 0.0100%
- Funding arbitrage
- Short BTSE, long Backpack
- 0.0000%Gap per 8h
- Backpack per 8h
- 0.0100%
- BTSE per 8h
- 0.0100%
- Funding arbitrage
- Short BTSE, long Backpack
- 0.0000%Gap per 8h
- Backpack per 8h
- 0.0100%
- BTSE per 8h
- 0.0100%
- Funding arbitrage
- Short BTSE, long Backpack
- 0.0000%Gap per 8h
- Backpack per 8h
- 0.0100%
- BTSE per 8h
- 0.0100%
- Funding arbitrage
- Short BTSE, long Backpack
- 0.0000%Gap per 8h
- Backpack per 8h
- 0.0100%
- BTSE per 8h
- 0.0100%
- Funding arbitrage
- Short BTSE, long Backpack
- 0.0000%Gap per 8h
- Backpack per 8h
- 0.0100%
- BTSE per 8h
- 0.0100%
- Funding arbitrage
- Short BTSE, long Backpack
- 0.0000%Gap per 8h
- Backpack per 8h
- 0.0100%
- BTSE per 8h
- 0.0100%
- Funding arbitrage
- Short BTSE, long Backpack
- 0.0000%Gap per 8h
- Backpack per 8h
- 0.0100%
- BTSE per 8h
- 0.0100%
- Funding arbitrage
- Short BTSE, long Backpack
- 0.0000%Gap per 8h
- Backpack per 8h
- 0.0100%
- BTSE per 8h
- 0.0100%
- Funding arbitrage
- Short BTSE, long Backpack
- 0.0000%Gap per 8h
- Backpack per 8h
- 0.0100%
- BTSE per 8h
- 0.0100%
- Funding arbitrage
- Short BTSE, long Backpack
- 0.0000%Gap per 8h
- Backpack per 8h
- 0.0100%
- BTSE per 8h
- 0.0100%
- Funding arbitrage
- Short BTSE, long Backpack
- 0.0000%Gap per 8h
- Backpack per 8h
- 0.0100%
- BTSE per 8h
- 0.0100%
- Funding arbitrage
- Short BTSE, long Backpack
- 0.0000%Gap per 8h
- Backpack per 8h
- 0.0100%
- BTSE per 8h
- 0.0100%
- Funding arbitrage
- Short BTSE, long Backpack
- 0.0000%Gap per 8h
- Backpack per 8h
- 0.0100%
- BTSE per 8h
- 0.0100%
- Funding arbitrage
- Short BTSE, long Backpack
| CHIP | -0.1116% | 0.0100% | 0.1216% | Short BTSE, long Backpack |
| PENGU | -0.0762% | 0.0100% | 0.0862% | Short BTSE, long Backpack |
| PYTH | -0.0730% | 0.0100% | 0.0830% | Short BTSE, long Backpack |
| EDGE | -0.0717% | 0.0100% | 0.0817% | Short BTSE, long Backpack |
| ZORA | -0.0469% | 0.0100% | 0.0569% | Short BTSE, long Backpack |
| TRX | -0.0429% | 0.0044% | 0.0474% | Short BTSE, long Backpack |
| PENDLE | 0.0420% | 0.0100% | 0.0320% | Short Backpack, long BTSE |
| XMR | 0.0380% | 0.0100% | 0.0280% | Short Backpack, long BTSE |
| DOT | -0.0158% | 0.0100% | 0.0258% | Short BTSE, long Backpack |
| ARB | -0.0152% | 0.0100% | 0.0252% | Short BTSE, long Backpack |
| TAO | -0.0099% | 0.0100% | 0.0199% | Short BTSE, long Backpack |
| ZEC | 0.0287% | 0.0100% | 0.0187% | Short Backpack, long BTSE |
| LIT | 0.0257% | 0.0100% | 0.0157% | Short Backpack, long BTSE |
| PAXG | -0.0027% | 0.0100% | 0.0127% | Short BTSE, long Backpack |
| XRP | 0.0100% | -0.0015% | 0.0115% | Short Backpack, long BTSE |
| WIF | -0.0001% | 0.0100% | 0.0101% | Short BTSE, long Backpack |
| S | 0.0002% | 0.0100% | 0.0098% | Short BTSE, long Backpack |
| BTC | 0.0100% | 0.0010% | 0.0090% | Short Backpack, long BTSE |
| AVAX | 0.0039% | 0.0100% | 0.0061% | Short BTSE, long Backpack |
| PUMP | 0.0158% | 0.0100% | 0.0058% | Short Backpack, long BTSE |
| SOL | 0.0066% | 0.0037% | 0.0029% | Short Backpack, long BTSE |
| JTO | 0.0079% | 0.0100% | 0.0021% | Short BTSE, long Backpack |
| W | 0.0088% | 0.0100% | 0.0012% | Short BTSE, long Backpack |
| ADA | 0.0067% | 0.0075% | 0.0008% | Short BTSE, long Backpack |
| XPL | 0.0095% | 0.0100% | 0.0005% | Short BTSE, long Backpack |
| ETH | 0.0100% | 0.0100% | 0.0000% | Short BTSE, long Backpack |
| LTC | 0.0100% | 0.0100% | 0.0000% | Short BTSE, long Backpack |
| AAVE | 0.0100% | 0.0100% | 0.0000% | Short BTSE, long Backpack |
| BNB | 0.0100% | 0.0100% | 0.0000% | Short BTSE, long Backpack |
| HYPE | 0.0100% | 0.0100% | 0.0000% | Short BTSE, long Backpack |
| LINK | 0.0100% | 0.0100% | 0.0000% | Short BTSE, long Backpack |
| NEAR | 0.0100% | 0.0100% | 0.0000% | Short BTSE, long Backpack |
| APT | 0.0100% | 0.0100% | 0.0000% | Short BTSE, long Backpack |
| CRV | 0.0100% | 0.0100% | 0.0000% | Short BTSE, long Backpack |
| DOGE | 0.0100% | 0.0100% | 0.0000% | Short BTSE, long Backpack |
| ENA | 0.0100% | 0.0100% | 0.0000% | Short BTSE, long Backpack |
| LDO | 0.0100% | 0.0100% | 0.0000% | Short BTSE, long Backpack |
| SUI | 0.0100% | 0.0100% | 0.0000% | Short BTSE, long Backpack |
| UNI | 0.0100% | 0.0100% | 0.0000% | Short BTSE, long Backpack |
| JUP | 0.0100% | 0.0100% | 0.0000% | Short BTSE, long Backpack |
| ONDO | 0.0100% | 0.0100% | 0.0000% | Short BTSE, long Backpack |
| OP | 0.0100% | 0.0100% | 0.0000% | Short BTSE, long Backpack |
| WLD | 0.0100% | 0.0100% | 0.0000% | Short BTSE, long Backpack |
| ASTER | 0.0100% | 0.0100% | 0.0000% | Short BTSE, long Backpack |
| SEI | 0.0100% | 0.0100% | 0.0000% | Short BTSE, long Backpack |
| TIA | 0.0100% | 0.0100% | 0.0000% | Short BTSE, long Backpack |
| WLFI | 0.0100% | 0.0100% | 0.0000% | Short BTSE, long Backpack |
Showing 47 of 47
Frequently asked questions
- Which has higher funding rates, Backpack or BTSE?
- Right now BTSE has the higher funding rate on 39 of 47 shared coins.
- How often do Backpack and BTSE pay funding?
- On shared markets, Backpack pays every 1 hours and BTSE 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 BTSE?
- Yes, by going long where funding is lower and short where it is higher. The largest gap right now is CHIP at 0.1216% per 8 hours (133.12% APR) before fees.