2Z Funding Rate on Backpack
LiveAs of · refreshes every 30 s
As of 2026-10-04 13:29 UTC, the 2Z perpetual on Backpack pays 0.0013% per 1h, 0.0100% per 8 hours (10.95% APR), so longs pay shorts. That is the 2nd highest of 18 exchanges shown, against a volume-weighted average of -0.1055% per 8 hours (-115.49% APR). Over the last 7 days Backpack averaged -0.4037% per 8 hours (-442.10% APR). The next funding is at 2026-10-04 14:00 UTC.
- Rate per 1h
- 0.0013%
- Same rate per 8h
- 0.0100%
- 7-day average per 8h
- -0.4037%
- Next funding
- 2026-10-04 14:00 UTC
- Rank
- 2 of 18
2Z funding on Backpack, per 8h
2Z funding arbitrage with Backpack
The widest pairing for Backpack is long 2Z on OKX and short on Backpack. Fees, slippage and the price basis between venues reduce the net return. Learn what a funding rate is.
2Z funding on every exchange
- 10.95%APR
- Market
- 2Z/USDT:USDT
- Funding rate
- 0.0050%
- Interval
- 4h
- Next funding
- 2026-10-04 16:00 UTC
- Data
- Live
- 10.95%APR
- Market
- 2Z/USDC:USDC
- Funding rate
- 0.0013%
- Interval
- 1h
- Next funding
- 2026-10-04 14:00 UTC
- Data
- Live
- 10.95%APR
- Market
- 2Z/USDC:USDC
- Funding rate
- 0.0013%
- Interval
- 1h
- Next funding
- 2026-10-04 14:00 UTC
- Data
- Live
- 10.51%APR
- Market
- 2Z/USDC:USDC
- Funding rate
- 0.0096%
- Interval
- 8h
- Data
- Live
- -29.78%APR
- Market
- 2Z/USDT:USDT
- Funding rate
- -0.0136%
- Interval
- 4h
- Data
- Live
- -42.92%APR
- Market
- 2Z/USDT:USDT
- Funding rate
- -0.0196%
- Interval
- 4h
- Next funding
- 2026-10-04 16:00 UTC
- Data
- Live
- -43.96%APR
- Market
- 2Z/USDT:USDT
- Funding rate
- -0.0201%
- Interval
- 4h
- Next funding
- 2026-10-04 16:00 UTC
- Data
- Live
- -75.65%APR
- Market
- 2Z/USDC:USDC
- Funding rate
- -0.0086%
- Interval
- 1h
- Next funding
- 2026-10-04 14:00 UTC
- Data
- Live
- -106.65%APR
- Market
- 2Z/USDT:USDT
- Funding rate
- -0.0487%
- Interval
- 4h
- Next funding
- 2026-10-04 16:00 UTC
- Data
- Live
- -114.10%APR
- Market
- 2Z/USDT:USDT
- Funding rate
- -0.0521%
- Interval
- 4h
- Next funding
- 2026-10-04 16:00 UTC
- Data
- Live
- -143.80%APR
- Market
- 2Z/USDT:USDT
- Funding rate
- -0.0657%
- Interval
- 4h
- Data
- Live
- -149.67%APR
- Market
- 2Z/USDT:USDT
- Funding rate
- -0.0683%
- Interval
- 4h
- Next funding
- 2026-10-04 16:00 UTC
- Data
- Live
- -149.67%APR
- Market
- 2Z/USDT:USDT
- Funding rate
- -0.0683%
- Interval
- 4h
- Next funding
- 2026-10-04 16:00 UTC
- Data
- Live
- -149.67%APR
- Market
- 2Z/USDT:USDT
- Funding rate
- -0.0683%
- Interval
- 4h
- Next funding
- 2026-10-04 16:00 UTC
- Data
- Live
- -151.77%APR
- Market
- 2Z/USDT:USDT
- Funding rate
- -0.0693%
- Interval
- 4h
- Next funding
- 2026-10-04 16:00 UTC
- Data
- Live
- -155.05%APR
- Market
- 2Z/USDT:USDT
- Funding rate
- -0.0708%
- Interval
- 4h
- Data
- Live
- -192.44%APR
- Market
- 2Z/USDT:USDT
- Funding rate
- -0.0879%
- Interval
- 4h
- Next funding
- 2026-10-04 13:29 UTC
- Data
- Live
- -198.22%APR
- Market
- 2Z/USDT:USDT
- Funding rate
- -0.0905%
- Interval
- 4h
- Next funding
- 2026-10-04 16:00 UTC
- Data
- Live
| WhiteBIT | 2Z/USDT:USDT | 0.0050% | 4h | 10.95% | 2026-10-04 16:00 UTC | Live |
| Backpack | 2Z/USDC:USDC | 0.0013% | 1h | 10.95% | 2026-10-04 14:00 UTC | Live |
| Pacifica | 2Z/USDC:USDC | 0.0013% | 1h | 10.95% | 2026-10-04 14:00 UTC | Live |
| Lighter | 2Z/USDC:USDC | 0.0096% | 8h | 10.51% | — | Live |
| BingX | 2Z/USDT:USDT | -0.0136% | 4h | -29.78% | — | Live |
| MEXC | 2Z/USDT:USDT | -0.0196% | 4h | -42.92% | 2026-10-04 16:00 UTC | Live |
| Bybit | 2Z/USDT:USDT | -0.0201% | 4h | -43.96% | 2026-10-04 16:00 UTC | Live |
| Hyperliquid | 2Z/USDC:USDC | -0.0086% | 1h | -75.65% | 2026-10-04 14:00 UTC | Live |
| KuCoin | 2Z/USDT:USDT | -0.0487% | 4h | -106.65% | 2026-10-04 16:00 UTC | Live |
| Gate | 2Z/USDT:USDT | -0.0521% | 4h | -114.10% | 2026-10-04 16:00 UTC | Live |
| Aster | 2Z/USDT:USDT | -0.0657% | 4h | -143.80% | — | Live |
| Binance | 2Z/USDT:USDT | -0.0683% | 4h | -149.67% | 2026-10-04 16:00 UTC | Live |
| XT.COM | 2Z/USDT:USDT | -0.0683% | 4h | -149.67% | 2026-10-04 16:00 UTC | Live |
| Toobit | 2Z/USDT:USDT | -0.0683% | 4h | -149.67% | 2026-10-04 16:00 UTC | Live |
| LBank | 2Z/USDT:USDT | -0.0693% | 4h | -151.77% | 2026-10-04 16:00 UTC | Live |
| Bitget | 2Z/USDT:USDT | -0.0708% | 4h | -155.05% | — | Live |
| WEEX | 2Z/USDT:USDT | -0.0879% | 4h | -192.44% | 2026-10-04 13:29 UTC | Live |
| OKX | 2Z/USDT:USDT | -0.0905% | 4h | -198.22% | 2026-10-04 16:00 UTC | Live |
Showing 18 of 18
All 2Z funding rates Backpack funding rates
Frequently asked questions
- What is the 2Z funding rate on Backpack?
- 0.0013% per 1h, or 0.0100% per 8 hours (10.95% APR), so longs pay shorts. The 7-day average is -0.4037% per 8 hours (-442.10% APR).
- How often does Backpack pay 2Z funding?
- Every hour. The next payment is at 2026-10-04 14:00 UTC.
- Is 2Z funding on Backpack higher than on other exchanges?
- Backpack is the 2nd highest of 18 exchanges shown. The highest is WhiteBIT at 0.0050% per 4h (10.95% APR) and the lowest is OKX at -0.0905% per 4h (-198.22% APR).
- How do you arbitrage 2Z funding with Backpack?
- Long 2Z on OKX and short on Backpack for a gross spread of 0.1910% per 8 hours (209.17% APR). Trading fees, slippage and the price basis between the two venues reduce the net return.