Backpack vs HitBTC Funding Rates: 28 Coins Compared
As of 2026-10-03 05:08 UTC, Backpack and HitBTC share 28 liquid perpetual markets. Backpack has the higher funding rate on 4 of them (14%), and the average gap is 0.0080% per 8 hours (8.77% APR). The widest gap is HBAR at 0.0616% per 8 hours (67.49% APR): short on HitBTC and long on Backpack.
Largest funding gaps between Backpack and HitBTC
- 0.0616%Gap per 8h
- Backpack per 8h
- -0.0516%
- HitBTC per 8h
- 0.0100%
- Funding arbitrage
- Short HitBTC, long Backpack
- 0.0363%Gap per 8h
- Backpack per 8h
- -0.0263%
- HitBTC per 8h
- 0.0100%
- Funding arbitrage
- Short HitBTC, long Backpack
- 0.0250%Gap per 8h
- Backpack per 8h
- -0.0150%
- HitBTC per 8h
- 0.0100%
- Funding arbitrage
- Short HitBTC, long Backpack
- 0.0219%Gap per 8h
- Backpack per 8h
- 0.0319%
- HitBTC per 8h
- 0.0100%
- Funding arbitrage
- Short Backpack, long HitBTC
- 0.0160%Gap per 8h
- Backpack per 8h
- -0.0060%
- HitBTC per 8h
- 0.0100%
- Funding arbitrage
- Short HitBTC, long Backpack
- 0.0156%Gap per 8h
- Backpack per 8h
- -0.0056%
- HitBTC per 8h
- 0.0100%
- Funding arbitrage
- Short HitBTC, long Backpack
- 0.0145%Gap per 8h
- Backpack per 8h
- -0.0145%
- HitBTC per 8h
- 0.0000%
- Funding arbitrage
- Short HitBTC, long Backpack
- 0.0100%Gap per 8h
- Backpack per 8h
- 0.0100%
- HitBTC per 8h
- 0.0000%
- Funding arbitrage
- Short Backpack, long HitBTC
- 0.0086%Gap per 8h
- Backpack per 8h
- 0.0100%
- HitBTC per 8h
- 0.0014%
- Funding arbitrage
- Short Backpack, long HitBTC
- 0.0056%Gap per 8h
- Backpack per 8h
- 0.0044%
- HitBTC per 8h
- 0.0100%
- Funding arbitrage
- Short HitBTC, long Backpack
- 0.0024%Gap per 8h
- Backpack per 8h
- 0.0124%
- HitBTC per 8h
- 0.0100%
- Funding arbitrage
- Short Backpack, long HitBTC
- 0.0022%Gap per 8h
- Backpack per 8h
- 0.0078%
- HitBTC per 8h
- 0.0100%
- Funding arbitrage
- Short HitBTC, long Backpack
- 0.0017%Gap per 8h
- Backpack per 8h
- 0.0083%
- HitBTC per 8h
- 0.0100%
- Funding arbitrage
- Short HitBTC, long Backpack
- 0.0015%Gap per 8h
- Backpack per 8h
- 0.0085%
- HitBTC per 8h
- 0.0100%
- Funding arbitrage
- Short HitBTC, long Backpack
- 0.0011%Gap per 8h
- Backpack per 8h
- 0.0089%
- HitBTC per 8h
- 0.0100%
- Funding arbitrage
- Short HitBTC, long Backpack
- 0.0002%Gap per 8h
- Backpack per 8h
- 0.0098%
- HitBTC per 8h
- 0.0100%
- Funding arbitrage
- Short HitBTC, long Backpack
- 0.0000%Gap per 8h
- Backpack per 8h
- 0.0100%
- HitBTC per 8h
- 0.0100%
- Funding arbitrage
- Short HitBTC, long Backpack
- 0.0000%Gap per 8h
- Backpack per 8h
- 0.0100%
- HitBTC per 8h
- 0.0100%
- Funding arbitrage
- Short HitBTC, long Backpack
- 0.0000%Gap per 8h
- Backpack per 8h
- 0.0100%
- HitBTC per 8h
- 0.0100%
- Funding arbitrage
- Short HitBTC, long Backpack
- 0.0000%Gap per 8h
- Backpack per 8h
- 0.0100%
- HitBTC per 8h
- 0.0100%
- Funding arbitrage
- Short HitBTC, long Backpack
- 0.0000%Gap per 8h
- Backpack per 8h
- 0.0100%
- HitBTC per 8h
- 0.0100%
- Funding arbitrage
- Short HitBTC, long Backpack
- 0.0000%Gap per 8h
- Backpack per 8h
- 0.0100%
- HitBTC per 8h
- 0.0100%
- Funding arbitrage
- Short HitBTC, long Backpack
- 0.0000%Gap per 8h
- Backpack per 8h
- 0.0100%
- HitBTC per 8h
- 0.0100%
- Funding arbitrage
- Short HitBTC, long Backpack
- 0.0000%Gap per 8h
- Backpack per 8h
- 0.0100%
- HitBTC per 8h
- 0.0100%
- Funding arbitrage
- Short HitBTC, long Backpack
- 0.0000%Gap per 8h
- Backpack per 8h
- 0.0100%
- HitBTC per 8h
- 0.0100%
- Funding arbitrage
- Short HitBTC, long Backpack
- 0.0000%Gap per 8h
- Backpack per 8h
- 0.0100%
- HitBTC per 8h
- 0.0100%
- Funding arbitrage
- Short HitBTC, long Backpack
- 0.0000%Gap per 8h
- Backpack per 8h
- 0.0100%
- HitBTC per 8h
- 0.0100%
- Funding arbitrage
- Short HitBTC, long Backpack
- 0.0000%Gap per 8h
- Backpack per 8h
- 0.0100%
- HitBTC per 8h
- 0.0100%
- Funding arbitrage
- Short HitBTC, long Backpack
| HBAR | -0.0516% | 0.0100% | 0.0616% | Short HitBTC, long Backpack |
| UNI | -0.0263% | 0.0100% | 0.0363% | Short HitBTC, long Backpack |
| DOT | -0.0150% | 0.0100% | 0.0250% | Short HitBTC, long Backpack |
| ZEC | 0.0319% | 0.0100% | 0.0219% | Short Backpack, long HitBTC |
| AVAX | -0.0060% | 0.0100% | 0.0160% | Short HitBTC, long Backpack |
| TRX | -0.0056% | 0.0100% | 0.0156% | Short HitBTC, long Backpack |
| PEPE | -0.0145% | 0.0000% | 0.0145% | Short HitBTC, long Backpack |
| S | 0.0100% | 0.0000% | 0.0100% | Short Backpack, long HitBTC |
| CRV | 0.0100% | 0.0014% | 0.0086% | Short Backpack, long HitBTC |
| ADA | 0.0044% | 0.0100% | 0.0056% | Short HitBTC, long Backpack |
| NEAR | 0.0124% | 0.0100% | 0.0024% | Short Backpack, long HitBTC |
| TRUMP | 0.0078% | 0.0100% | 0.0022% | Short HitBTC, long Backpack |
| LTC | 0.0083% | 0.0100% | 0.0017% | Short HitBTC, long Backpack |
| SOL | 0.0085% | 0.0100% | 0.0015% | Short HitBTC, long Backpack |
| OP | 0.0089% | 0.0100% | 0.0011% | Short HitBTC, long Backpack |
| ARB | 0.0098% | 0.0100% | 0.0002% | Short HitBTC, long Backpack |
| BTC | 0.0100% | 0.0100% | 0.0000% | Short HitBTC, long Backpack |
| ETH | 0.0100% | 0.0100% | 0.0000% | Short HitBTC, long Backpack |
| AAVE | 0.0100% | 0.0100% | 0.0000% | Short HitBTC, long Backpack |
| BNB | 0.0100% | 0.0100% | 0.0000% | Short HitBTC, long Backpack |
| LINK | 0.0100% | 0.0100% | 0.0000% | Short HitBTC, long Backpack |
| XRP | 0.0100% | 0.0100% | 0.0000% | Short HitBTC, long Backpack |
| APT | 0.0100% | 0.0100% | 0.0000% | Short HitBTC, long Backpack |
| LDO | 0.0100% | 0.0100% | 0.0000% | Short HitBTC, long Backpack |
| SUI | 0.0100% | 0.0100% | 0.0000% | Short HitBTC, long Backpack |
| WLD | 0.0100% | 0.0100% | 0.0000% | Short HitBTC, long Backpack |
| XLM | 0.0100% | 0.0100% | 0.0000% | Short HitBTC, long Backpack |
| SHIB | 0.0100% | 0.0100% | 0.0000% | Short HitBTC, long Backpack |
Showing 28 of 28
Frequently asked questions
- Which has higher funding rates, Backpack or HitBTC?
- Right now HitBTC has the higher funding rate on 24 of 28 shared coins.
- How often do Backpack and HitBTC pay funding?
- On shared markets, Backpack pays every 1 hours and HitBTC every 8 hours, depending on the contract. Rates on this page are annualized so they compare directly.
- Can I arbitrage funding between Backpack and HitBTC?
- Yes, by going long where funding is lower and short where it is higher. The largest gap right now is HBAR at 0.0616% per 8 hours (67.49% APR) before fees.