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MET Funding Rate on Backpack

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As of 2026-10-04 17:35 UTC, the MET perpetual on Backpack pays 0.0013% per 1h, 0.0100% per 8 hours (10.95% APR), so longs pay shorts. That is the 11th highest of 16 exchanges shown, against a volume-weighted average of 0.0092% per 8 hours (10.09% APR). Over the last 7 days Backpack averaged 0.0035% per 8 hours (3.80% APR). The next funding is at 2026-10-04 18:00 UTC.

Rate per 1h
0.0013%
Same rate per 8h
0.0100%
7-day average per 8h
0.0035%
Next funding
2026-10-04 18:00 UTC
Rank
11 of 16

MET funding on Backpack, per 8h

MET funding on Backpack, per 8 hours, hourly, last 7 days-0.0400%-0.0200%0.0000%0.0200%0.0400%Oct 2 13:00Oct 3 02:00Oct 3 15:00Oct 4 04:00Oct 4 17:00HW 0.0202%LW -0.0291%0.0100%

Compare Backpack with other exchanges over 7 or 30 days

MET funding arbitrage with Backpack

LongKuCoin0.0037%/4hShortBackpack0.0013%/1hFunding gap 0.0026% per 8h before fees

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

MET funding on every exchange

Showing 16 of 16

All MET funding rates Backpack funding rates

Frequently asked questions

What is the MET 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 0.0035% per 8 hours (3.80% APR).
How often does Backpack pay MET funding?
Every hour. The next payment is at 2026-10-04 18:00 UTC.
Is MET funding on Backpack higher than on other exchanges?
Backpack is the 11th highest of 16 exchanges shown. The highest is Binance at 0.0050% per 4h (10.95% APR) and the lowest is KuCoin at 0.0037% per 4h (8.10% APR).
How do you arbitrage MET funding with Backpack?
Long MET on KuCoin and short on Backpack for a gross spread of 0.0026% per 8 hours (2.85% APR). Trading fees, slippage and the price basis between the two venues reduce the net return.