ArbTide

LINK Funding Rate on Backpack

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As of 2026-10-03 23:41 UTC, the LINK perpetual on Backpack pays 0.0013% per 1h, 0.0100% per 8 hours (10.95% APR), so longs pay shorts. That is the 12th highest of 30 exchanges shown, against a volume-weighted average of 0.0096% per 8 hours (10.54% APR). Over the last 7 days Backpack averaged 0.0100% per 8 hours (10.95% APR). The next funding is at 2026-10-04 00:00 UTC.

Rate per 1h
0.0013%
Same rate per 8h
0.0100%
7-day average per 8h
0.0100%
Next funding
2026-10-04 00:00 UTC
Rank
12 of 30

LINK funding on Backpack, per 8h

LINK funding on Backpack, per 8 hours, hourly, last 7 days0.0000%0.0050%0.0100%0.0150%13:0021:3006:0014:3023:00LW 0.0100%HW 0.0100%

Compare Backpack with other exchanges over 7 or 30 days

LINK funding arbitrage with Backpack

LongBackpack0.0013%/1hShortXT.COM0.0324%/8hFunding gap 0.0224% per 8h before fees

The widest pairing for Backpack is long LINK on Backpack and short on XT.COM. Fees, slippage and the price basis between venues reduce the net return. Learn what a funding rate is.

LINK funding on every exchange

Showing 30 of 30

All LINK funding rates Backpack funding rates

Frequently asked questions

What is the LINK 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 0.0100% per 8 hours (10.95% APR).
How often does Backpack pay LINK funding?
Every hour. The next payment is at 2026-10-04 00:00 UTC.
Is LINK funding on Backpack higher than on other exchanges?
Backpack is the 12th highest of 30 exchanges shown. The highest is XT.COM at 0.0324% per 8h (35.48% APR) and the lowest is WEEX at 0.0003% per 8h (0.30% APR).
How do you arbitrage LINK funding with Backpack?
Long LINK on Backpack and short on XT.COM for a gross spread of 0.0224% per 8 hours (24.53% APR). Trading fees, slippage and the price basis between the two venues reduce the net return.