Which has higher funding rates, Backpack or LBank?

Right now LBank has the higher funding rate on 49 of 69 shared coins.

How often do Backpack and LBank pay funding?

On shared markets, Backpack pays every 1 hours and LBank 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 LBank?

Yes, by going long where funding is lower and short where it is higher. The largest gap right now is LIT at 0.1017% per 8 hours (111.41% APR) before fees.

Backpack vs LBank Funding Rates: 69 Coins Compared

As of 2026-10-03 06:43 UTC, Backpack and LBank share 69 liquid perpetual markets. Backpack has the higher funding rate on 20 of them (29%), and the average gap is 0.0160% per 8 hours (17.49% APR). The widest gap is LIT at 0.1017% per 8 hours (111.41% APR): short on Backpack and long on LBank.

LiveAs of 2026-10-03 06:43 UTC · refreshes every 30 s

Backpack funding rates LBank funding rates

Largest funding gaps between Backpack and LBank

Sort by

LIT
0.1017%
Gap per 8h
Backpack per 8h
0.1117%
LBank per 8h
0.0100%
Funding arbitrage
Short Backpack, long LBank
W
0.0976%
Gap per 8h
Backpack per 8h
-0.0876%
LBank per 8h
0.0100%
Funding arbitrage
Short LBank, long Backpack
UNI
0.0887%
Gap per 8h
Backpack per 8h
-0.0787%
LBank per 8h
0.0100%
Funding arbitrage
Short LBank, long Backpack
2Z
0.0623%
Gap per 8h
Backpack per 8h
-0.6729%
LBank per 8h
-0.6106%
Funding arbitrage
Short LBank, long Backpack
HBAR
0.0619%
Gap per 8h
Backpack per 8h
-0.0519%
LBank per 8h
0.0100%
Funding arbitrage
Short LBank, long Backpack
ZRO
0.0583%
Gap per 8h
Backpack per 8h
-0.0483%
LBank per 8h
0.0100%
Funding arbitrage
Short LBank, long Backpack
TIA
0.0516%
Gap per 8h
Backpack per 8h
-0.0466%
LBank per 8h
0.0050%
Funding arbitrage
Short LBank, long Backpack
ZORA
0.0514%
Gap per 8h
Backpack per 8h
-0.0414%
LBank per 8h
0.0100%
Funding arbitrage
Short LBank, long Backpack
KMNO
0.0472%
Gap per 8h
Backpack per 8h
-0.0372%
LBank per 8h
0.0100%
Funding arbitrage
Short LBank, long Backpack
KAITO
0.0436%
Gap per 8h
Backpack per 8h
-0.0358%
LBank per 8h
0.0078%
Funding arbitrage
Short LBank, long Backpack
TRX
0.0402%
Gap per 8h
Backpack per 8h
0.0061%
LBank per 8h
-0.0341%
Funding arbitrage
Short Backpack, long LBank
BERA
0.0366%
Gap per 8h
Backpack per 8h
-0.0266%
LBank per 8h
0.0100%
Funding arbitrage
Short LBank, long Backpack
PENGU
0.0339%
Gap per 8h
Backpack per 8h
-0.0369%
LBank per 8h
-0.0030%
Funding arbitrage
Short LBank, long Backpack
PYTH
0.0326%
Gap per 8h
Backpack per 8h
-0.0226%
LBank per 8h
0.0100%
Funding arbitrage
Short LBank, long Backpack
LINEA
0.0325%
Gap per 8h
Backpack per 8h
-0.0225%
LBank per 8h
0.0100%
Funding arbitrage
Short LBank, long Backpack
TAO
0.0259%
Gap per 8h
Backpack per 8h
-0.0159%
LBank per 8h
0.0100%
Funding arbitrage
Short LBank, long Backpack
CHIP
0.0237%
Gap per 8h
Backpack per 8h
-0.0137%
LBank per 8h
0.0100%
Funding arbitrage
Short LBank, long Backpack
WIF
0.0194%
Gap per 8h
Backpack per 8h
-0.0199%
LBank per 8h
-0.0005%
Funding arbitrage
Short LBank, long Backpack
GRAM
0.0176%
Gap per 8h
Backpack per 8h
-0.0076%
LBank per 8h
0.0100%
Funding arbitrage
Short LBank, long Backpack
ZEC
0.0137%
Gap per 8h
Backpack per 8h
0.0237%
LBank per 8h
0.0100%
Funding arbitrage
Short Backpack, long LBank
AVAX
0.0134%
Gap per 8h
Backpack per 8h
-0.0034%
LBank per 8h
0.0100%
Funding arbitrage
Short LBank, long Backpack
PENDLE
0.0125%
Gap per 8h
Backpack per 8h
0.0100%
LBank per 8h
-0.0025%
Funding arbitrage
Short Backpack, long LBank
NEAR
0.0116%
Gap per 8h
Backpack per 8h
0.0168%
LBank per 8h
0.0052%
Funding arbitrage
Short Backpack, long LBank
OP
0.0108%
Gap per 8h
Backpack per 8h
-0.0008%
LBank per 8h
0.0100%
Funding arbitrage
Short LBank, long Backpack
ETH
0.0105%
Gap per 8h
Backpack per 8h
0.0100%
LBank per 8h
-0.0005%
Funding arbitrage
Short Backpack, long LBank
BNB
0.0100%
Gap per 8h
Backpack per 8h
0.0100%
LBank per 8h
0.0000%
Funding arbitrage
Short Backpack, long LBank
MNT
0.0095%
Gap per 8h
Backpack per 8h
0.0100%
LBank per 8h
0.0005%
Funding arbitrage
Short Backpack, long LBank
BTC
0.0092%
Gap per 8h
Backpack per 8h
0.0100%
LBank per 8h
0.0008%
Funding arbitrage
Short Backpack, long LBank
APT
0.0082%
Gap per 8h
Backpack per 8h
0.0100%
LBank per 8h
0.0018%
Funding arbitrage
Short Backpack, long LBank
AVNT
0.0076%
Gap per 8h
Backpack per 8h
0.0024%
LBank per 8h
0.0100%
Funding arbitrage
Short LBank, long Backpack
XRP
0.0067%
Gap per 8h
Backpack per 8h
0.0100%
LBank per 8h
0.0033%
Funding arbitrage
Short Backpack, long LBank
CRV
0.0066%
Gap per 8h
Backpack per 8h
0.0100%
LBank per 8h
0.0034%
Funding arbitrage
Short Backpack, long LBank
ONDO
0.0066%
Gap per 8h
Backpack per 8h
-0.0004%
LBank per 8h
0.0062%
Funding arbitrage
Short LBank, long Backpack
VVV
0.0061%
Gap per 8h
Backpack per 8h
0.0161%
LBank per 8h
0.0100%
Funding arbitrage
Short Backpack, long LBank
ADA
0.0052%
Gap per 8h
Backpack per 8h
0.0048%
LBank per 8h
0.0100%
Funding arbitrage
Short LBank, long Backpack
LTC
0.0043%
Gap per 8h
Backpack per 8h
-0.0079%
LBank per 8h
-0.0036%
Funding arbitrage
Short LBank, long Backpack
BONK
0.0035%
Gap per 8h
Backpack per 8h
-0.0059%
LBank per 8h
-0.0024%
Funding arbitrage
Short LBank, long Backpack
PAXG
0.0031%
Gap per 8h
Backpack per 8h
0.0069%
LBank per 8h
0.0100%
Funding arbitrage
Short LBank, long Backpack
JTO
0.0027%
Gap per 8h
Backpack per 8h
0.0100%
LBank per 8h
0.0073%
Funding arbitrage
Short Backpack, long LBank
PEPE
0.0026%
Gap per 8h
Backpack per 8h
0.0034%
LBank per 8h
0.0008%
Funding arbitrage
Short Backpack, long LBank
AAVE
0.0025%
Gap per 8h
Backpack per 8h
0.0100%
LBank per 8h
0.0075%
Funding arbitrage
Short Backpack, long LBank
STRK
0.0024%
Gap per 8h
Backpack per 8h
0.0076%
LBank per 8h
0.0100%
Funding arbitrage
Short LBank, long Backpack
ARB
0.0019%
Gap per 8h
Backpack per 8h
0.0100%
LBank per 8h
0.0081%
Funding arbitrage
Short Backpack, long LBank
DOT
0.0017%
Gap per 8h
Backpack per 8h
-0.0090%
LBank per 8h
-0.0073%
Funding arbitrage
Short LBank, long Backpack
SEI
0.0017%
Gap per 8h
Backpack per 8h
0.0100%
LBank per 8h
0.0083%
Funding arbitrage
Short Backpack, long LBank
PUMP
0.0005%
Gap per 8h
Backpack per 8h
0.0105%
LBank per 8h
0.0100%
Funding arbitrage
Short Backpack, long LBank
SOL
0.0003%
Gap per 8h
Backpack per 8h
0.0024%
LBank per 8h
0.0021%
Funding arbitrage
Short Backpack, long LBank
LINK
0.0000%
Gap per 8h
Backpack per 8h
0.0100%
LBank per 8h
0.0100%
Funding arbitrage
Short LBank, long Backpack
SUI
0.0000%
Gap per 8h
Backpack per 8h
0.0100%
LBank per 8h
0.0100%
Funding arbitrage
Short LBank, long Backpack
DOGE
0.0000%
Gap per 8h
Backpack per 8h
0.0100%
LBank per 8h
0.0100%
Funding arbitrage
Short LBank, long Backpack
HYPE
0.0000%
Gap per 8h
Backpack per 8h
0.0100%
LBank per 8h
0.0100%
Funding arbitrage
Short LBank, long Backpack
LDO
0.0000%
Gap per 8h
Backpack per 8h
0.0100%
LBank per 8h
0.0100%
Funding arbitrage
Short LBank, long Backpack
WLD
0.0000%
Gap per 8h
Backpack per 8h
0.0100%
LBank per 8h
0.0100%
Funding arbitrage
Short LBank, long Backpack
ENA
0.0000%
Gap per 8h
Backpack per 8h
0.0100%
LBank per 8h
0.0100%
Funding arbitrage
Short LBank, long Backpack
JUP
0.0000%
Gap per 8h
Backpack per 8h
0.0100%
LBank per 8h
0.0100%
Funding arbitrage
Short LBank, long Backpack
XPL
0.0000%
Gap per 8h
Backpack per 8h
0.0100%
LBank per 8h
0.0100%
Funding arbitrage
Short LBank, long Backpack
WLFI
0.0000%
Gap per 8h
Backpack per 8h
0.0100%
LBank per 8h
0.0100%
Funding arbitrage
Short LBank, long Backpack
XLM
0.0000%
Gap per 8h
Backpack per 8h
0.0100%
LBank per 8h
0.0100%
Funding arbitrage
Short LBank, long Backpack
ASTER
0.0000%
Gap per 8h
Backpack per 8h
0.0100%
LBank per 8h
0.0100%
Funding arbitrage
Short LBank, long Backpack
SHIB
0.0000%
Gap per 8h
Backpack per 8h
0.0100%
LBank per 8h
0.0100%
Funding arbitrage
Short LBank, long Backpack
FARTCOIN
0.0000%
Gap per 8h
Backpack per 8h
0.0100%
LBank per 8h
0.0100%
Funding arbitrage
Short LBank, long Backpack
S
0.0000%
Gap per 8h
Backpack per 8h
0.0100%
LBank per 8h
0.0100%
Funding arbitrage
Short LBank, long Backpack
VIRTUAL
0.0000%
Gap per 8h
Backpack per 8h
0.0100%
LBank per 8h
0.0100%
Funding arbitrage
Short LBank, long Backpack
MON
0.0000%
Gap per 8h
Backpack per 8h
0.0100%
LBank per 8h
0.0100%
Funding arbitrage
Short LBank, long Backpack
MEGA
0.0000%
Gap per 8h
Backpack per 8h
0.0100%
LBank per 8h
0.0100%
Funding arbitrage
Short LBank, long Backpack
AERO
0.0000%
Gap per 8h
Backpack per 8h
0.0100%
LBank per 8h
0.0100%
Funding arbitrage
Short LBank, long Backpack
SKR
0.0000%
Gap per 8h
Backpack per 8h
0.0100%
LBank per 8h
0.0100%
Funding arbitrage
Short LBank, long Backpack
0G
0.0000%
Gap per 8h
Backpack per 8h
0.0100%
LBank per 8h
0.0100%
Funding arbitrage
Short LBank, long Backpack
BILL
0.0000%
Gap per 8h
Backpack per 8h
0.0100%
LBank per 8h
0.0100%
Funding arbitrage
Short LBank, long Backpack

Backpack vs LBank Funding Rates: 69 Coins Compared

LIT	0.1117%	0.0100%	0.1017%	Short Backpack, long LBank
W	-0.0876%	0.0100%	0.0976%	Short LBank, long Backpack
UNI	-0.0787%	0.0100%	0.0887%	Short LBank, long Backpack
2Z	-0.6729%	-0.6106%	0.0623%	Short LBank, long Backpack
HBAR	-0.0519%	0.0100%	0.0619%	Short LBank, long Backpack
ZRO	-0.0483%	0.0100%	0.0583%	Short LBank, long Backpack
TIA	-0.0466%	0.0050%	0.0516%	Short LBank, long Backpack
ZORA	-0.0414%	0.0100%	0.0514%	Short LBank, long Backpack
KMNO	-0.0372%	0.0100%	0.0472%	Short LBank, long Backpack
KAITO	-0.0358%	0.0078%	0.0436%	Short LBank, long Backpack
TRX	0.0061%	-0.0341%	0.0402%	Short Backpack, long LBank
BERA	-0.0266%	0.0100%	0.0366%	Short LBank, long Backpack
PENGU	-0.0369%	-0.0030%	0.0339%	Short LBank, long Backpack
PYTH	-0.0226%	0.0100%	0.0326%	Short LBank, long Backpack
LINEA	-0.0225%	0.0100%	0.0325%	Short LBank, long Backpack
TAO	-0.0159%	0.0100%	0.0259%	Short LBank, long Backpack
CHIP	-0.0137%	0.0100%	0.0237%	Short LBank, long Backpack
WIF	-0.0199%	-0.0005%	0.0194%	Short LBank, long Backpack
GRAM	-0.0076%	0.0100%	0.0176%	Short LBank, long Backpack
ZEC	0.0237%	0.0100%	0.0137%	Short Backpack, long LBank
AVAX	-0.0034%	0.0100%	0.0134%	Short LBank, long Backpack
PENDLE	0.0100%	-0.0025%	0.0125%	Short Backpack, long LBank
NEAR	0.0168%	0.0052%	0.0116%	Short Backpack, long LBank
OP	-0.0008%	0.0100%	0.0108%	Short LBank, long Backpack
ETH	0.0100%	-0.0005%	0.0105%	Short Backpack, long LBank
BNB	0.0100%	0.0000%	0.0100%	Short Backpack, long LBank
MNT	0.0100%	0.0005%	0.0095%	Short Backpack, long LBank
BTC	0.0100%	0.0008%	0.0092%	Short Backpack, long LBank
APT	0.0100%	0.0018%	0.0082%	Short Backpack, long LBank
AVNT	0.0024%	0.0100%	0.0076%	Short LBank, long Backpack
XRP	0.0100%	0.0033%	0.0067%	Short Backpack, long LBank
CRV	0.0100%	0.0034%	0.0066%	Short Backpack, long LBank
ONDO	-0.0004%	0.0062%	0.0066%	Short LBank, long Backpack
VVV	0.0161%	0.0100%	0.0061%	Short Backpack, long LBank
ADA	0.0048%	0.0100%	0.0052%	Short LBank, long Backpack
LTC	-0.0079%	-0.0036%	0.0043%	Short LBank, long Backpack
BONK	-0.0059%	-0.0024%	0.0035%	Short LBank, long Backpack
PAXG	0.0069%	0.0100%	0.0031%	Short LBank, long Backpack
JTO	0.0100%	0.0073%	0.0027%	Short Backpack, long LBank
PEPE	0.0034%	0.0008%	0.0026%	Short Backpack, long LBank
AAVE	0.0100%	0.0075%	0.0025%	Short Backpack, long LBank
STRK	0.0076%	0.0100%	0.0024%	Short LBank, long Backpack
ARB	0.0100%	0.0081%	0.0019%	Short Backpack, long LBank
DOT	-0.0090%	-0.0073%	0.0017%	Short LBank, long Backpack
SEI	0.0100%	0.0083%	0.0017%	Short Backpack, long LBank
PUMP	0.0105%	0.0100%	0.0005%	Short Backpack, long LBank
SOL	0.0024%	0.0021%	0.0003%	Short Backpack, long LBank
LINK	0.0100%	0.0100%	0.0000%	Short LBank, long Backpack
SUI	0.0100%	0.0100%	0.0000%	Short LBank, long Backpack
DOGE	0.0100%	0.0100%	0.0000%	Short LBank, long Backpack
HYPE	0.0100%	0.0100%	0.0000%	Short LBank, long Backpack
LDO	0.0100%	0.0100%	0.0000%	Short LBank, long Backpack
WLD	0.0100%	0.0100%	0.0000%	Short LBank, long Backpack
ENA	0.0100%	0.0100%	0.0000%	Short LBank, long Backpack
JUP	0.0100%	0.0100%	0.0000%	Short LBank, long Backpack
XPL	0.0100%	0.0100%	0.0000%	Short LBank, long Backpack
WLFI	0.0100%	0.0100%	0.0000%	Short LBank, long Backpack
XLM	0.0100%	0.0100%	0.0000%	Short LBank, long Backpack
ASTER	0.0100%	0.0100%	0.0000%	Short LBank, long Backpack
SHIB	0.0100%	0.0100%	0.0000%	Short LBank, long Backpack
FARTCOIN	0.0100%	0.0100%	0.0000%	Short LBank, long Backpack
S	0.0100%	0.0100%	0.0000%	Short LBank, long Backpack
VIRTUAL	0.0100%	0.0100%	0.0000%	Short LBank, long Backpack
MON	0.0100%	0.0100%	0.0000%	Short LBank, long Backpack
MEGA	0.0100%	0.0100%	0.0000%	Short LBank, long Backpack
AERO	0.0100%	0.0100%	0.0000%	Short LBank, long Backpack
SKR	0.0100%	0.0100%	0.0000%	Short LBank, long Backpack
0G	0.0100%	0.0100%	0.0000%	Short LBank, long Backpack
BILL	0.0100%	0.0100%	0.0000%	Short LBank, long Backpack

Showing 69 of 69

Frequently asked questions

Which has higher funding rates, Backpack or LBank?: Right now LBank has the higher funding rate on 49 of 69 shared coins.
How often do Backpack and LBank pay funding?: On shared markets, Backpack pays every 1 hours and LBank 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 LBank?: Yes, by going long where funding is lower and short where it is higher. The largest gap right now is LIT at 0.1017% per 8 hours (111.41% APR) before fees.