Backpack vs Gate Funding Rates: 73 Coins Compared
As of 2026-10-03 02:28 UTC, Backpack and Gate share 73 liquid perpetual markets. Backpack has the higher funding rate on 37 of them (51%), and the average gap is 0.0199% per 8 hours (21.85% APR). The widest gap is CHIP at 0.1220% per 8 hours (133.62% APR): short on Gate and long on Backpack.
Largest funding gaps between Backpack and Gate
- 0.1220%Gap per 8h
- Backpack per 8h
- -0.1120%
- Gate per 8h
- 0.0100%
- Funding arbitrage
- Short Gate, long Backpack
- 0.1019%Gap per 8h
- Backpack per 8h
- -0.3617%
- Gate per 8h
- -0.4636%
- Funding arbitrage
- Short Backpack, long Gate
- 0.0847%Gap per 8h
- Backpack per 8h
- 0.0947%
- Gate per 8h
- 0.0100%
- Funding arbitrage
- Short Backpack, long Gate
- 0.0828%Gap per 8h
- Backpack per 8h
- 0.0082%
- Gate per 8h
- -0.0746%
- Funding arbitrage
- Short Backpack, long Gate
- 0.0824%Gap per 8h
- Backpack per 8h
- -0.0728%
- Gate per 8h
- 0.0096%
- Funding arbitrage
- Short Gate, long Backpack
- 0.0759%Gap per 8h
- Backpack per 8h
- -0.0659%
- Gate per 8h
- 0.0100%
- Funding arbitrage
- Short Gate, long Backpack
- 0.0722%Gap per 8h
- Backpack per 8h
- 0.0822%
- Gate per 8h
- 0.0100%
- Funding arbitrage
- Short Backpack, long Gate
- 0.0718%Gap per 8h
- Backpack per 8h
- -0.0760%
- Gate per 8h
- -0.0042%
- Funding arbitrage
- Short Gate, long Backpack
- 0.0708%Gap per 8h
- Backpack per 8h
- -0.0608%
- Gate per 8h
- 0.0100%
- Funding arbitrage
- Short Gate, long Backpack
- 0.0583%Gap per 8h
- Backpack per 8h
- -0.0483%
- Gate per 8h
- 0.0100%
- Funding arbitrage
- Short Gate, long Backpack
- 0.0520%Gap per 8h
- Backpack per 8h
- -0.0483%
- Gate per 8h
- 0.0037%
- Funding arbitrage
- Short Gate, long Backpack
- 0.0444%Gap per 8h
- Backpack per 8h
- -0.0344%
- Gate per 8h
- 0.0100%
- Funding arbitrage
- Short Gate, long Backpack
- 0.0328%Gap per 8h
- Backpack per 8h
- 0.0256%
- Gate per 8h
- -0.0072%
- Funding arbitrage
- Short Backpack, long Gate
- 0.0320%Gap per 8h
- Backpack per 8h
- 0.0420%
- Gate per 8h
- 0.0100%
- Funding arbitrage
- Short Backpack, long Gate
- 0.0280%Gap per 8h
- Backpack per 8h
- 0.0100%
- Gate per 8h
- -0.0180%
- Funding arbitrage
- Short Backpack, long Gate
- 0.0265%Gap per 8h
- Backpack per 8h
- 0.0099%
- Gate per 8h
- -0.0166%
- Funding arbitrage
- Short Backpack, long Gate
- 0.0257%Gap per 8h
- Backpack per 8h
- -0.0157%
- Gate per 8h
- 0.0100%
- Funding arbitrage
- Short Gate, long Backpack
- 0.0257%Gap per 8h
- Backpack per 8h
- 0.0100%
- Gate per 8h
- -0.0157%
- Funding arbitrage
- Short Backpack, long Gate
- 0.0253%Gap per 8h
- Backpack per 8h
- 0.0379%
- Gate per 8h
- 0.0126%
- Funding arbitrage
- Short Backpack, long Gate
- 0.0239%Gap per 8h
- Backpack per 8h
- 0.0003%
- Gate per 8h
- -0.0236%
- Funding arbitrage
- Short Backpack, long Gate
- 0.0224%Gap per 8h
- Backpack per 8h
- 0.0324%
- Gate per 8h
- 0.0100%
- Funding arbitrage
- Short Backpack, long Gate
- 0.0209%Gap per 8h
- Backpack per 8h
- 0.0100%
- Gate per 8h
- -0.0109%
- Funding arbitrage
- Short Backpack, long Gate
- 0.0189%Gap per 8h
- Backpack per 8h
- 0.0289%
- Gate per 8h
- 0.0100%
- Funding arbitrage
- Short Backpack, long Gate
- 0.0163%Gap per 8h
- Backpack per 8h
- 0.0100%
- Gate per 8h
- -0.0063%
- Funding arbitrage
- Short Backpack, long Gate
- 0.0144%Gap per 8h
- Backpack per 8h
- 0.0100%
- Gate per 8h
- -0.0044%
- Funding arbitrage
- Short Backpack, long Gate
- 0.0144%Gap per 8h
- Backpack per 8h
- 0.0244%
- Gate per 8h
- 0.0100%
- Funding arbitrage
- Short Backpack, long Gate
- 0.0138%Gap per 8h
- Backpack per 8h
- 0.0100%
- Gate per 8h
- -0.0038%
- Funding arbitrage
- Short Backpack, long Gate
- 0.0136%Gap per 8h
- Backpack per 8h
- 0.0100%
- Gate per 8h
- -0.0036%
- Funding arbitrage
- Short Backpack, long Gate
- 0.0125%Gap per 8h
- Backpack per 8h
- -0.0157%
- Gate per 8h
- -0.0032%
- Funding arbitrage
- Short Gate, long Backpack
- 0.0125%Gap per 8h
- Backpack per 8h
- 0.0100%
- Gate per 8h
- -0.0025%
- Funding arbitrage
- Short Backpack, long Gate
- 0.0124%Gap per 8h
- Backpack per 8h
- -0.0430%
- Gate per 8h
- -0.0306%
- Funding arbitrage
- Short Gate, long Backpack
- 0.0123%Gap per 8h
- Backpack per 8h
- -0.0026%
- Gate per 8h
- 0.0097%
- Funding arbitrage
- Short Gate, long Backpack
- 0.0122%Gap per 8h
- Backpack per 8h
- 0.0100%
- Gate per 8h
- -0.0022%
- Funding arbitrage
- Short Backpack, long Gate
- 0.0120%Gap per 8h
- Backpack per 8h
- 0.0100%
- Gate per 8h
- -0.0020%
- Funding arbitrage
- Short Backpack, long Gate
- 0.0113%Gap per 8h
- Backpack per 8h
- -0.0013%
- Gate per 8h
- 0.0100%
- Funding arbitrage
- Short Gate, long Backpack
- 0.0112%Gap per 8h
- Backpack per 8h
- 0.0100%
- Gate per 8h
- -0.0012%
- Funding arbitrage
- Short Backpack, long Gate
- 0.0107%Gap per 8h
- Backpack per 8h
- 0.0100%
- Gate per 8h
- -0.0007%
- Funding arbitrage
- Short Backpack, long Gate
- 0.0104%Gap per 8h
- Backpack per 8h
- -0.0086%
- Gate per 8h
- -0.0190%
- Funding arbitrage
- Short Backpack, long Gate
- 0.0083%Gap per 8h
- Backpack per 8h
- 0.0100%
- Gate per 8h
- 0.0017%
- Funding arbitrage
- Short Backpack, long Gate
- 0.0081%Gap per 8h
- Backpack per 8h
- 0.0153%
- Gate per 8h
- 0.0072%
- Funding arbitrage
- Short Backpack, long Gate
- 0.0080%Gap per 8h
- Backpack per 8h
- 0.0068%
- Gate per 8h
- -0.0012%
- Funding arbitrage
- Short Backpack, long Gate
- 0.0070%Gap per 8h
- Backpack per 8h
- 0.0100%
- Gate per 8h
- 0.0030%
- Funding arbitrage
- Short Backpack, long Gate
- 0.0060%Gap per 8h
- Backpack per 8h
- 0.0100%
- Gate per 8h
- 0.0040%
- Funding arbitrage
- Short Backpack, long Gate
- 0.0060%Gap per 8h
- Backpack per 8h
- 0.0040%
- Gate per 8h
- 0.0100%
- Funding arbitrage
- Short Gate, long Backpack
- 0.0037%Gap per 8h
- Backpack per 8h
- -0.0099%
- Gate per 8h
- -0.0136%
- Funding arbitrage
- Short Backpack, long Gate
- 0.0032%Gap per 8h
- Backpack per 8h
- 0.0100%
- Gate per 8h
- 0.0068%
- Funding arbitrage
- Short Backpack, long Gate
- 0.0032%Gap per 8h
- Backpack per 8h
- 0.0068%
- Gate per 8h
- 0.0100%
- Funding arbitrage
- Short Gate, long Backpack
- 0.0030%Gap per 8h
- Backpack per 8h
- 0.0100%
- Gate per 8h
- 0.0070%
- Funding arbitrage
- Short Backpack, long Gate
- 0.0024%Gap per 8h
- Backpack per 8h
- 0.0100%
- Gate per 8h
- 0.0076%
- Funding arbitrage
- Short Backpack, long Gate
- 0.0019%Gap per 8h
- Backpack per 8h
- 0.0119%
- Gate per 8h
- 0.0100%
- Funding arbitrage
- Short Backpack, long Gate
- 0.0017%Gap per 8h
- Backpack per 8h
- 0.0083%
- Gate per 8h
- 0.0100%
- Funding arbitrage
- Short Gate, long Backpack
- 0.0016%Gap per 8h
- Backpack per 8h
- 0.0100%
- Gate per 8h
- 0.0084%
- Funding arbitrage
- Short Backpack, long Gate
- 0.0010%Gap per 8h
- Backpack per 8h
- 0.0100%
- Gate per 8h
- 0.0090%
- Funding arbitrage
- Short Backpack, long Gate
- 0.0000%Gap per 8h
- Backpack per 8h
- 0.0100%
- Gate per 8h
- 0.0100%
- Funding arbitrage
- Short Gate, long Backpack
- 0.0000%Gap per 8h
- Backpack per 8h
- 0.0100%
- Gate per 8h
- 0.0100%
- Funding arbitrage
- Short Gate, long Backpack
- 0.0000%Gap per 8h
- Backpack per 8h
- 0.0100%
- Gate per 8h
- 0.0100%
- Funding arbitrage
- Short Gate, long Backpack
- 0.0000%Gap per 8h
- Backpack per 8h
- 0.0100%
- Gate per 8h
- 0.0100%
- Funding arbitrage
- Short Gate, long Backpack
- 0.0000%Gap per 8h
- Backpack per 8h
- 0.0100%
- Gate per 8h
- 0.0100%
- Funding arbitrage
- Short Gate, long Backpack
- 0.0000%Gap per 8h
- Backpack per 8h
- 0.0100%
- Gate per 8h
- 0.0100%
- Funding arbitrage
- Short Gate, long Backpack
- 0.0000%Gap per 8h
- Backpack per 8h
- 0.0100%
- Gate per 8h
- 0.0100%
- Funding arbitrage
- Short Gate, long Backpack
- 0.0000%Gap per 8h
- Backpack per 8h
- 0.0100%
- Gate per 8h
- 0.0100%
- Funding arbitrage
- Short Gate, long Backpack
- 0.0000%Gap per 8h
- Backpack per 8h
- 0.0100%
- Gate per 8h
- 0.0100%
- Funding arbitrage
- Short Gate, long Backpack
- 0.0000%Gap per 8h
- Backpack per 8h
- 0.0100%
- Gate per 8h
- 0.0100%
- Funding arbitrage
- Short Gate, long Backpack
- 0.0000%Gap per 8h
- Backpack per 8h
- 0.0100%
- Gate per 8h
- 0.0100%
- Funding arbitrage
- Short Gate, long Backpack
- 0.0000%Gap per 8h
- Backpack per 8h
- 0.0100%
- Gate per 8h
- 0.0100%
- Funding arbitrage
- Short Gate, long Backpack
- 0.0000%Gap per 8h
- Backpack per 8h
- 0.0100%
- Gate per 8h
- 0.0100%
- Funding arbitrage
- Short Gate, long Backpack
- 0.0000%Gap per 8h
- Backpack per 8h
- 0.0100%
- Gate per 8h
- 0.0100%
- Funding arbitrage
- Short Gate, long Backpack
- 0.0000%Gap per 8h
- Backpack per 8h
- 0.0100%
- Gate per 8h
- 0.0100%
- Funding arbitrage
- Short Gate, long Backpack
- 0.0000%Gap per 8h
- Backpack per 8h
- 0.0100%
- Gate per 8h
- 0.0100%
- Funding arbitrage
- Short Gate, long Backpack
- 0.0000%Gap per 8h
- Backpack per 8h
- 0.0100%
- Gate per 8h
- 0.0100%
- Funding arbitrage
- Short Gate, long Backpack
- 0.0000%Gap per 8h
- Backpack per 8h
- 0.0100%
- Gate per 8h
- 0.0100%
- Funding arbitrage
- Short Gate, long Backpack
- 0.0000%Gap per 8h
- Backpack per 8h
- 0.0100%
- Gate per 8h
- 0.0100%
- Funding arbitrage
- Short Gate, long Backpack
- 0.0000%Gap per 8h
- Backpack per 8h
- 0.0100%
- Gate per 8h
- 0.0100%
- Funding arbitrage
- Short Gate, long Backpack
| CHIP | -0.1120% | 0.0100% | 0.1220% | Short Gate, long Backpack |
| 2Z | -0.3617% | -0.4636% | 0.1019% | Short Backpack, long Gate |
| CC | 0.0947% | 0.0100% | 0.0847% | Short Backpack, long Gate |
| W | 0.0082% | -0.0746% | 0.0828% | Short Backpack, long Gate |
| PYTH | -0.0728% | 0.0096% | 0.0824% | Short Gate, long Backpack |
| KMNO | -0.0659% | 0.0100% | 0.0759% | Short Gate, long Backpack |
| SKR | 0.0822% | 0.0100% | 0.0722% | Short Backpack, long Gate |
| PENGU | -0.0760% | -0.0042% | 0.0718% | Short Gate, long Backpack |
| BILL | -0.0608% | 0.0100% | 0.0708% | Short Gate, long Backpack |
| ZORA | -0.0483% | 0.0100% | 0.0583% | Short Gate, long Backpack |
| HBAR | -0.0483% | 0.0037% | 0.0520% | Short Gate, long Backpack |
| ZRO | -0.0344% | 0.0100% | 0.0444% | Short Gate, long Backpack |
| LIT | 0.0256% | -0.0072% | 0.0328% | Short Backpack, long Gate |
| PENDLE | 0.0420% | 0.0100% | 0.0320% | Short Backpack, long Gate |
| JUP | 0.0100% | -0.0180% | 0.0280% | Short Backpack, long Gate |
| LTC | 0.0099% | -0.0166% | 0.0265% | Short Backpack, long Gate |
| DOT | -0.0157% | 0.0100% | 0.0257% | Short Gate, long Backpack |
| OP | 0.0100% | -0.0157% | 0.0257% | Short Backpack, long Gate |
| XMR | 0.0379% | 0.0126% | 0.0253% | Short Backpack, long Gate |
| WIF | 0.0003% | -0.0236% | 0.0239% | Short Backpack, long Gate |
| AERO | 0.0324% | 0.0100% | 0.0224% | Short Backpack, long Gate |
| BNB | 0.0100% | -0.0109% | 0.0209% | Short Backpack, long Gate |
| ZEC | 0.0289% | 0.0100% | 0.0189% | Short Backpack, long Gate |
| XLM | 0.0100% | -0.0063% | 0.0163% | Short Backpack, long Gate |
| BTC | 0.0100% | -0.0044% | 0.0144% | Short Backpack, long Gate |
| VVV | 0.0244% | 0.0100% | 0.0144% | Short Backpack, long Gate |
| MON | 0.0100% | -0.0038% | 0.0138% | Short Backpack, long Gate |
| DOGE | 0.0100% | -0.0036% | 0.0136% | Short Backpack, long Gate |
| ARB | -0.0157% | -0.0032% | 0.0125% | Short Gate, long Backpack |
| WLD | 0.0100% | -0.0025% | 0.0125% | Short Backpack, long Gate |
| TRX | -0.0430% | -0.0306% | 0.0124% | Short Gate, long Backpack |
| PAXG | -0.0026% | 0.0097% | 0.0123% | Short Gate, long Backpack |
| AAVE | 0.0100% | -0.0022% | 0.0122% | Short Backpack, long Gate |
| LINEA | 0.0100% | -0.0020% | 0.0120% | Short Backpack, long Gate |
| S | -0.0013% | 0.0100% | 0.0113% | Short Gate, long Backpack |
| ENA | 0.0100% | -0.0012% | 0.0112% | Short Backpack, long Gate |
| PEPE | 0.0100% | -0.0007% | 0.0107% | Short Backpack, long Gate |
| BONK | -0.0086% | -0.0190% | 0.0104% | Short Backpack, long Gate |
| ETH | 0.0100% | 0.0017% | 0.0083% | Short Backpack, long Gate |
| PUMP | 0.0153% | 0.0072% | 0.0081% | Short Backpack, long Gate |
| SOL | 0.0068% | -0.0012% | 0.0080% | Short Backpack, long Gate |
| VIRTUAL | 0.0100% | 0.0030% | 0.0070% | Short Backpack, long Gate |
| XPL | 0.0100% | 0.0040% | 0.0060% | Short Backpack, long Gate |
| AVAX | 0.0040% | 0.0100% | 0.0060% | Short Gate, long Backpack |
| TAO | -0.0099% | -0.0136% | 0.0037% | Short Backpack, long Gate |
| SUI | 0.0100% | 0.0068% | 0.0032% | Short Backpack, long Gate |
| ADA | 0.0068% | 0.0100% | 0.0032% | Short Gate, long Backpack |
| SHIB | 0.0100% | 0.0070% | 0.0030% | Short Backpack, long Gate |
| XRP | 0.0100% | 0.0076% | 0.0024% | Short Backpack, long Gate |
| AVNT | 0.0119% | 0.0100% | 0.0019% | Short Backpack, long Gate |
| JTO | 0.0083% | 0.0100% | 0.0017% | Short Gate, long Backpack |
| BERA | 0.0100% | 0.0084% | 0.0016% | Short Backpack, long Gate |
| APT | 0.0100% | 0.0090% | 0.0010% | Short Backpack, long Gate |
| HYPE | 0.0100% | 0.0100% | 0.0000% | Short Gate, long Backpack |
| LINK | 0.0100% | 0.0100% | 0.0000% | Short Gate, long Backpack |
| NEAR | 0.0100% | 0.0100% | 0.0000% | Short Gate, long Backpack |
| UNI | 0.0100% | 0.0100% | 0.0000% | Short Gate, long Backpack |
| CRV | 0.0100% | 0.0100% | 0.0000% | Short Gate, long Backpack |
| LDO | 0.0100% | 0.0100% | 0.0000% | Short Gate, long Backpack |
| TRUMP | 0.0100% | 0.0100% | 0.0000% | Short Gate, long Backpack |
| ONDO | 0.0100% | 0.0100% | 0.0000% | Short Gate, long Backpack |
| TIA | 0.0100% | 0.0100% | 0.0000% | Short Gate, long Backpack |
| WLFI | 0.0100% | 0.0100% | 0.0000% | Short Gate, long Backpack |
| ASTER | 0.0100% | 0.0100% | 0.0000% | Short Gate, long Backpack |
| KAITO | 0.0100% | 0.0100% | 0.0000% | Short Gate, long Backpack |
| FARTCOIN | 0.0100% | 0.0100% | 0.0000% | Short Gate, long Backpack |
| SEI | 0.0100% | 0.0100% | 0.0000% | Short Gate, long Backpack |
| STRK | 0.0100% | 0.0100% | 0.0000% | Short Gate, long Backpack |
| MEGA | 0.0100% | 0.0100% | 0.0000% | Short Gate, long Backpack |
| GRAM | 0.0100% | 0.0100% | 0.0000% | Short Gate, long Backpack |
| MET | 0.0100% | 0.0100% | 0.0000% | Short Gate, long Backpack |
| 0G | 0.0100% | 0.0100% | 0.0000% | Short Gate, long Backpack |
| MNT | 0.0100% | 0.0100% | 0.0000% | Short Gate, long Backpack |
Showing 73 of 73
Frequently asked questions
- Which has higher funding rates, Backpack or Gate?
- Right now Backpack has the higher funding rate on 37 of 73 shared coins.
- How often do Backpack and Gate pay funding?
- On shared markets, Backpack pays every 1 hours and Gate 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 Gate?
- Yes, by going long where funding is lower and short where it is higher. The largest gap right now is CHIP at 0.1220% per 8 hours (133.62% APR) before fees.