Backpack vs MEXC Funding Rates: 72 Coins Compared
As of 2026-10-03 02:27 UTC, Backpack and MEXC share 72 liquid perpetual markets. Backpack has the higher funding rate on 34 of them (47%), and the average gap is 0.0207% per 8 hours (22.66% APR). The widest gap is 2Z at 0.2656% per 8 hours (290.83% APR): short on Backpack and long on MEXC.
Largest funding gaps between Backpack and MEXC
- 0.2656%Gap per 8h
- Backpack per 8h
- -0.3564%
- MEXC per 8h
- -0.6220%
- Funding arbitrage
- Short Backpack, long MEXC
- 0.1235%Gap per 8h
- Backpack per 8h
- -0.1135%
- MEXC per 8h
- 0.0100%
- Funding arbitrage
- Short MEXC, long Backpack
- 0.0856%Gap per 8h
- Backpack per 8h
- -0.0756%
- MEXC per 8h
- 0.0100%
- Funding arbitrage
- Short MEXC, long Backpack
- 0.0846%Gap per 8h
- Backpack per 8h
- 0.0946%
- MEXC per 8h
- 0.0100%
- Funding arbitrage
- Short Backpack, long MEXC
- 0.0842%Gap per 8h
- Backpack per 8h
- -0.0742%
- MEXC per 8h
- 0.0100%
- Funding arbitrage
- Short MEXC, long Backpack
- 0.0828%Gap per 8h
- Backpack per 8h
- -0.0728%
- MEXC per 8h
- 0.0100%
- Funding arbitrage
- Short MEXC, long Backpack
- 0.0736%Gap per 8h
- Backpack per 8h
- 0.0836%
- MEXC per 8h
- 0.0100%
- Funding arbitrage
- Short Backpack, long MEXC
- 0.0701%Gap per 8h
- Backpack per 8h
- -0.0601%
- MEXC per 8h
- 0.0100%
- Funding arbitrage
- Short MEXC, long Backpack
- 0.0594%Gap per 8h
- Backpack per 8h
- -0.0494%
- MEXC per 8h
- 0.0100%
- Funding arbitrage
- Short MEXC, long Backpack
- 0.0534%Gap per 8h
- Backpack per 8h
- -0.0485%
- MEXC per 8h
- 0.0049%
- Funding arbitrage
- Short MEXC, long Backpack
- 0.0483%Gap per 8h
- Backpack per 8h
- -0.0653%
- MEXC per 8h
- -0.0170%
- Funding arbitrage
- Short MEXC, long Backpack
- 0.0435%Gap per 8h
- Backpack per 8h
- -0.0335%
- MEXC per 8h
- 0.0100%
- Funding arbitrage
- Short MEXC, long Backpack
- 0.0417%Gap per 8h
- Backpack per 8h
- 0.0100%
- MEXC per 8h
- -0.0317%
- Funding arbitrage
- Short Backpack, long MEXC
- 0.0339%Gap per 8h
- Backpack per 8h
- 0.0421%
- MEXC per 8h
- 0.0082%
- Funding arbitrage
- Short Backpack, long MEXC
- 0.0275%Gap per 8h
- Backpack per 8h
- 0.0375%
- MEXC per 8h
- 0.0100%
- Funding arbitrage
- Short Backpack, long MEXC
- 0.0219%Gap per 8h
- Backpack per 8h
- 0.0319%
- MEXC per 8h
- 0.0100%
- Funding arbitrage
- Short Backpack, long MEXC
- 0.0214%Gap per 8h
- Backpack per 8h
- -0.0158%
- MEXC per 8h
- 0.0056%
- Funding arbitrage
- Short MEXC, long Backpack
- 0.0192%Gap per 8h
- Backpack per 8h
- 0.0292%
- MEXC per 8h
- 0.0100%
- Funding arbitrage
- Short Backpack, long MEXC
- 0.0169%Gap per 8h
- Backpack per 8h
- 0.0100%
- MEXC per 8h
- -0.0069%
- Funding arbitrage
- Short Backpack, long MEXC
- 0.0160%Gap per 8h
- Backpack per 8h
- 0.0260%
- MEXC per 8h
- 0.0100%
- Funding arbitrage
- Short Backpack, long MEXC
- 0.0156%Gap per 8h
- Backpack per 8h
- 0.0256%
- MEXC per 8h
- 0.0100%
- Funding arbitrage
- Short Backpack, long MEXC
- 0.0146%Gap per 8h
- Backpack per 8h
- 0.0073%
- MEXC per 8h
- -0.0073%
- Funding arbitrage
- Short Backpack, long MEXC
- 0.0146%Gap per 8h
- Backpack per 8h
- -0.0046%
- MEXC per 8h
- 0.0100%
- Funding arbitrage
- Short MEXC, long Backpack
- 0.0142%Gap per 8h
- Backpack per 8h
- 0.0100%
- MEXC per 8h
- -0.0042%
- Funding arbitrage
- Short Backpack, long MEXC
- 0.0127%Gap per 8h
- Backpack per 8h
- 0.0100%
- MEXC per 8h
- -0.0027%
- Funding arbitrage
- Short Backpack, long MEXC
- 0.0119%Gap per 8h
- Backpack per 8h
- -0.0099%
- MEXC per 8h
- 0.0020%
- Funding arbitrage
- Short MEXC, long Backpack
- 0.0108%Gap per 8h
- Backpack per 8h
- 0.0100%
- MEXC per 8h
- -0.0008%
- Funding arbitrage
- Short Backpack, long MEXC
- 0.0098%Gap per 8h
- Backpack per 8h
- 0.0100%
- MEXC per 8h
- 0.0002%
- Funding arbitrage
- Short Backpack, long MEXC
- 0.0098%Gap per 8h
- Backpack per 8h
- -0.0026%
- MEXC per 8h
- 0.0072%
- Funding arbitrage
- Short MEXC, long Backpack
- 0.0095%Gap per 8h
- Backpack per 8h
- -0.0174%
- MEXC per 8h
- -0.0079%
- Funding arbitrage
- Short MEXC, long Backpack
- 0.0081%Gap per 8h
- Backpack per 8h
- 0.0100%
- MEXC per 8h
- 0.0019%
- Funding arbitrage
- Short Backpack, long MEXC
- 0.0076%Gap per 8h
- Backpack per 8h
- 0.0097%
- MEXC per 8h
- 0.0021%
- Funding arbitrage
- Short Backpack, long MEXC
- 0.0069%Gap per 8h
- Backpack per 8h
- -0.0432%
- MEXC per 8h
- -0.0363%
- Funding arbitrage
- Short MEXC, long Backpack
- 0.0065%Gap per 8h
- Backpack per 8h
- 0.0100%
- MEXC per 8h
- 0.0035%
- Funding arbitrage
- Short Backpack, long MEXC
- 0.0059%Gap per 8h
- Backpack per 8h
- 0.0100%
- MEXC per 8h
- 0.0041%
- Funding arbitrage
- Short Backpack, long MEXC
- 0.0056%Gap per 8h
- Backpack per 8h
- 0.0100%
- MEXC per 8h
- 0.0044%
- Funding arbitrage
- Short Backpack, long MEXC
- 0.0053%Gap per 8h
- Backpack per 8h
- 0.0100%
- MEXC per 8h
- 0.0047%
- Funding arbitrage
- Short Backpack, long MEXC
- 0.0047%Gap per 8h
- Backpack per 8h
- -0.0105%
- MEXC per 8h
- -0.0152%
- Funding arbitrage
- Short Backpack, long MEXC
- 0.0045%Gap per 8h
- Backpack per 8h
- 0.0100%
- MEXC per 8h
- 0.0055%
- Funding arbitrage
- Short Backpack, long MEXC
- 0.0044%Gap per 8h
- Backpack per 8h
- 0.0100%
- MEXC per 8h
- 0.0056%
- Funding arbitrage
- Short Backpack, long MEXC
- 0.0044%Gap per 8h
- Backpack per 8h
- 0.0100%
- MEXC per 8h
- 0.0056%
- Funding arbitrage
- Short Backpack, long MEXC
- 0.0041%Gap per 8h
- Backpack per 8h
- 0.0141%
- MEXC per 8h
- 0.0100%
- Funding arbitrage
- Short Backpack, long MEXC
- 0.0039%Gap per 8h
- Backpack per 8h
- 0.0061%
- MEXC per 8h
- 0.0100%
- Funding arbitrage
- Short MEXC, long Backpack
- 0.0034%Gap per 8h
- Backpack per 8h
- 0.0042%
- MEXC per 8h
- 0.0076%
- Funding arbitrage
- Short MEXC, long Backpack
- 0.0032%Gap per 8h
- Backpack per 8h
- 0.0100%
- MEXC per 8h
- 0.0068%
- Funding arbitrage
- Short Backpack, long MEXC
- 0.0032%Gap per 8h
- Backpack per 8h
- 0.0068%
- MEXC per 8h
- 0.0100%
- Funding arbitrage
- Short MEXC, long Backpack
- 0.0030%Gap per 8h
- Backpack per 8h
- 0.0070%
- MEXC per 8h
- 0.0100%
- Funding arbitrage
- Short MEXC, long Backpack
- 0.0026%Gap per 8h
- Backpack per 8h
- 0.0100%
- MEXC per 8h
- 0.0074%
- Funding arbitrage
- Short Backpack, long MEXC
- 0.0023%Gap per 8h
- Backpack per 8h
- 0.0100%
- MEXC per 8h
- 0.0077%
- Funding arbitrage
- Short Backpack, long MEXC
- 0.0010%Gap per 8h
- Backpack per 8h
- 0.0100%
- MEXC per 8h
- 0.0090%
- Funding arbitrage
- Short Backpack, long MEXC
- 0.0009%Gap per 8h
- Backpack per 8h
- 0.0013%
- MEXC per 8h
- 0.0004%
- Funding arbitrage
- Short Backpack, long MEXC
- 0.0008%Gap per 8h
- Backpack per 8h
- 0.0100%
- MEXC per 8h
- 0.0092%
- Funding arbitrage
- Short Backpack, long MEXC
- 0.0004%Gap per 8h
- Backpack per 8h
- 0.0086%
- MEXC per 8h
- 0.0090%
- Funding arbitrage
- Short MEXC, long Backpack
- 0.0002%Gap per 8h
- Backpack per 8h
- 0.0100%
- MEXC per 8h
- 0.0098%
- Funding arbitrage
- Short Backpack, long MEXC
- 0.0000%Gap per 8h
- Backpack per 8h
- 0.0100%
- MEXC per 8h
- 0.0100%
- Funding arbitrage
- Short MEXC, long Backpack
- 0.0000%Gap per 8h
- Backpack per 8h
- 0.0100%
- MEXC per 8h
- 0.0100%
- Funding arbitrage
- Short MEXC, long Backpack
- 0.0000%Gap per 8h
- Backpack per 8h
- 0.0100%
- MEXC per 8h
- 0.0100%
- Funding arbitrage
- Short MEXC, long Backpack
- 0.0000%Gap per 8h
- Backpack per 8h
- 0.0100%
- MEXC per 8h
- 0.0100%
- Funding arbitrage
- Short MEXC, long Backpack
- 0.0000%Gap per 8h
- Backpack per 8h
- 0.0100%
- MEXC per 8h
- 0.0100%
- Funding arbitrage
- Short MEXC, long Backpack
- 0.0000%Gap per 8h
- Backpack per 8h
- 0.0100%
- MEXC per 8h
- 0.0100%
- Funding arbitrage
- Short MEXC, long Backpack
- 0.0000%Gap per 8h
- Backpack per 8h
- 0.0100%
- MEXC per 8h
- 0.0100%
- Funding arbitrage
- Short MEXC, long Backpack
- 0.0000%Gap per 8h
- Backpack per 8h
- 0.0100%
- MEXC per 8h
- 0.0100%
- Funding arbitrage
- Short MEXC, long Backpack
- 0.0000%Gap per 8h
- Backpack per 8h
- 0.0100%
- MEXC per 8h
- 0.0100%
- Funding arbitrage
- Short MEXC, long Backpack
- 0.0000%Gap per 8h
- Backpack per 8h
- 0.0100%
- MEXC per 8h
- 0.0100%
- Funding arbitrage
- Short MEXC, long Backpack
- 0.0000%Gap per 8h
- Backpack per 8h
- 0.0100%
- MEXC per 8h
- 0.0100%
- Funding arbitrage
- Short MEXC, long Backpack
- 0.0000%Gap per 8h
- Backpack per 8h
- 0.0100%
- MEXC per 8h
- 0.0100%
- Funding arbitrage
- Short MEXC, long Backpack
- 0.0000%Gap per 8h
- Backpack per 8h
- 0.0100%
- MEXC per 8h
- 0.0100%
- Funding arbitrage
- Short MEXC, long Backpack
- 0.0000%Gap per 8h
- Backpack per 8h
- 0.0100%
- MEXC per 8h
- 0.0100%
- Funding arbitrage
- Short MEXC, long Backpack
- 0.0000%Gap per 8h
- Backpack per 8h
- 0.0100%
- MEXC per 8h
- 0.0100%
- Funding arbitrage
- Short MEXC, long Backpack
- 0.0000%Gap per 8h
- Backpack per 8h
- 0.0100%
- MEXC per 8h
- 0.0100%
- Funding arbitrage
- Short MEXC, long Backpack
- 0.0000%Gap per 8h
- Backpack per 8h
- 0.0100%
- MEXC per 8h
- 0.0100%
- Funding arbitrage
- Short MEXC, long Backpack
- 0.0000%Gap per 8h
- Backpack per 8h
- 0.0100%
- MEXC per 8h
- 0.0100%
- Funding arbitrage
- Short MEXC, long Backpack
| 2Z | -0.3564% | -0.6220% | 0.2656% | Short Backpack, long MEXC |
| CHIP | -0.1135% | 0.0100% | 0.1235% | Short MEXC, long Backpack |
| PENGU | -0.0756% | 0.0100% | 0.0856% | Short MEXC, long Backpack |
| CC | 0.0946% | 0.0100% | 0.0846% | Short Backpack, long MEXC |
| EDGE | -0.0742% | 0.0100% | 0.0842% | Short MEXC, long Backpack |
| PYTH | -0.0728% | 0.0100% | 0.0828% | Short MEXC, long Backpack |
| SKR | 0.0836% | 0.0100% | 0.0736% | Short Backpack, long MEXC |
| BILL | -0.0601% | 0.0100% | 0.0701% | Short MEXC, long Backpack |
| ZORA | -0.0494% | 0.0100% | 0.0594% | Short MEXC, long Backpack |
| HBAR | -0.0485% | 0.0049% | 0.0534% | Short MEXC, long Backpack |
| KMNO | -0.0653% | -0.0170% | 0.0483% | Short MEXC, long Backpack |
| ZRO | -0.0335% | 0.0100% | 0.0435% | Short MEXC, long Backpack |
| PEPE | 0.0100% | -0.0317% | 0.0417% | Short Backpack, long MEXC |
| PENDLE | 0.0421% | 0.0082% | 0.0339% | Short Backpack, long MEXC |
| XMR | 0.0375% | 0.0100% | 0.0275% | Short Backpack, long MEXC |
| AERO | 0.0319% | 0.0100% | 0.0219% | Short Backpack, long MEXC |
| DOT | -0.0158% | 0.0056% | 0.0214% | Short MEXC, long Backpack |
| ZEC | 0.0292% | 0.0100% | 0.0192% | Short Backpack, long MEXC |
| APT | 0.0100% | -0.0069% | 0.0169% | Short Backpack, long MEXC |
| LIT | 0.0260% | 0.0100% | 0.0160% | Short Backpack, long MEXC |
| VVV | 0.0256% | 0.0100% | 0.0156% | Short Backpack, long MEXC |
| SOL | 0.0073% | -0.0073% | 0.0146% | Short Backpack, long MEXC |
| S | -0.0046% | 0.0100% | 0.0146% | Short MEXC, long Backpack |
| XRP | 0.0100% | -0.0042% | 0.0142% | Short Backpack, long MEXC |
| XLM | 0.0100% | -0.0027% | 0.0127% | Short Backpack, long MEXC |
| TAO | -0.0099% | 0.0020% | 0.0119% | Short MEXC, long Backpack |
| ENA | 0.0100% | -0.0008% | 0.0108% | Short Backpack, long MEXC |
| ETH | 0.0100% | 0.0002% | 0.0098% | Short Backpack, long MEXC |
| PAXG | -0.0026% | 0.0072% | 0.0098% | Short MEXC, long Backpack |
| ARB | -0.0174% | -0.0079% | 0.0095% | Short MEXC, long Backpack |
| BNB | 0.0100% | 0.0019% | 0.0081% | Short Backpack, long MEXC |
| LTC | 0.0097% | 0.0021% | 0.0076% | Short Backpack, long MEXC |
| TRX | -0.0432% | -0.0363% | 0.0069% | Short MEXC, long Backpack |
| BTC | 0.0100% | 0.0035% | 0.0065% | Short Backpack, long MEXC |
| AAVE | 0.0100% | 0.0041% | 0.0059% | Short Backpack, long MEXC |
| SEI | 0.0100% | 0.0044% | 0.0056% | Short Backpack, long MEXC |
| LINK | 0.0100% | 0.0047% | 0.0053% | Short Backpack, long MEXC |
| BONK | -0.0105% | -0.0152% | 0.0047% | Short Backpack, long MEXC |
| NEAR | 0.0100% | 0.0055% | 0.0045% | Short Backpack, long MEXC |
| DOGE | 0.0100% | 0.0056% | 0.0044% | Short Backpack, long MEXC |
| CRV | 0.0100% | 0.0056% | 0.0044% | Short Backpack, long MEXC |
| AVNT | 0.0141% | 0.0100% | 0.0041% | Short Backpack, long MEXC |
| 0G | 0.0061% | 0.0100% | 0.0039% | Short MEXC, long Backpack |
| AVAX | 0.0042% | 0.0076% | 0.0034% | Short MEXC, long Backpack |
| MNT | 0.0100% | 0.0068% | 0.0032% | Short Backpack, long MEXC |
| ADA | 0.0068% | 0.0100% | 0.0032% | Short MEXC, long Backpack |
| W | 0.0070% | 0.0100% | 0.0030% | Short MEXC, long Backpack |
| TIA | 0.0100% | 0.0074% | 0.0026% | Short Backpack, long MEXC |
| LDO | 0.0100% | 0.0077% | 0.0023% | Short Backpack, long MEXC |
| ONDO | 0.0100% | 0.0090% | 0.0010% | Short Backpack, long MEXC |
| WIF | 0.0013% | 0.0004% | 0.0009% | Short Backpack, long MEXC |
| OP | 0.0100% | 0.0092% | 0.0008% | Short Backpack, long MEXC |
| JTO | 0.0086% | 0.0090% | 0.0004% | Short MEXC, long Backpack |
| JUP | 0.0100% | 0.0098% | 0.0002% | Short Backpack, long MEXC |
| UNI | 0.0100% | 0.0100% | 0.0000% | Short MEXC, long Backpack |
| SUI | 0.0100% | 0.0100% | 0.0000% | Short MEXC, long Backpack |
| HYPE | 0.0100% | 0.0100% | 0.0000% | Short MEXC, long Backpack |
| WLD | 0.0100% | 0.0100% | 0.0000% | Short MEXC, long Backpack |
| TRUMP | 0.0100% | 0.0100% | 0.0000% | Short MEXC, long Backpack |
| XPL | 0.0100% | 0.0100% | 0.0000% | Short MEXC, long Backpack |
| WLFI | 0.0100% | 0.0100% | 0.0000% | Short MEXC, long Backpack |
| ASTER | 0.0100% | 0.0100% | 0.0000% | Short MEXC, long Backpack |
| FARTCOIN | 0.0100% | 0.0100% | 0.0000% | Short MEXC, long Backpack |
| KAITO | 0.0100% | 0.0100% | 0.0000% | Short MEXC, long Backpack |
| SHIB | 0.0100% | 0.0100% | 0.0000% | Short MEXC, long Backpack |
| STRK | 0.0100% | 0.0100% | 0.0000% | Short MEXC, long Backpack |
| VIRTUAL | 0.0100% | 0.0100% | 0.0000% | Short MEXC, long Backpack |
| BERA | 0.0100% | 0.0100% | 0.0000% | Short MEXC, long Backpack |
| GRAM | 0.0100% | 0.0100% | 0.0000% | Short MEXC, long Backpack |
| MEGA | 0.0100% | 0.0100% | 0.0000% | Short MEXC, long Backpack |
| LINEA | 0.0100% | 0.0100% | 0.0000% | Short MEXC, long Backpack |
| MET | 0.0100% | 0.0100% | 0.0000% | Short MEXC, long Backpack |
Showing 72 of 72
Frequently asked questions
- Which has higher funding rates, Backpack or MEXC?
- Right now MEXC has the higher funding rate on 38 of 72 shared coins.
- How often do Backpack and MEXC pay funding?
- On shared markets, Backpack pays every 1 hours and MEXC 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 MEXC?
- Yes, by going long where funding is lower and short where it is higher. The largest gap right now is 2Z at 0.2656% per 8 hours (290.83% APR) before fees.