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PENDLE Funding Rate on Backpack

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As of 2026-10-03 15:19 UTC, the PENDLE perpetual on Backpack pays 0.0013% per 1h, 0.0100% per 8 hours (10.95% APR), so longs pay shorts. That is the 15th highest of 25 exchanges shown, against a volume-weighted average of 0.0070% per 8 hours (7.62% APR). Over the last 7 days Backpack averaged 0.0150% per 8 hours (16.43% APR). The next funding is at 2026-10-03 16:00 UTC.

Rate per 1h
0.0013%
Same rate per 8h
0.0100%
7-day average per 8h
0.0150%
Next funding
2026-10-03 16:00 UTC
Rank
15 of 25

PENDLE funding on Backpack, per 8h

PENDLE funding on Backpack, per 8 hours, hourly, last 7 days-0.0200%0.0000%0.0200%0.0400%0.0600%13:0019:3002:0008:3015:00HW 0.0468%LW -0.0067%0.0100%

Compare Backpack with other exchanges over 7 or 30 days

PENDLE funding arbitrage with Backpack

LongKraken-0.0061%/1hShortBackpack0.0013%/1hFunding gap 0.0592% per 8h before fees

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

PENDLE funding on every exchange

Showing 25 of 25

All PENDLE funding rates Backpack funding rates

Frequently asked questions

What is the PENDLE 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 0.0150% per 8 hours (16.43% APR).
How often does Backpack pay PENDLE funding?
Every hour. The next payment is at 2026-10-03 16:00 UTC.
Is PENDLE funding on Backpack higher than on other exchanges?
Backpack is the 15th highest of 25 exchanges shown. The highest is Extended at 0.0013% per 1h (11.39% APR) and the lowest is Kraken at -0.0061% per 1h (-53.87% APR).
How do you arbitrage PENDLE funding with Backpack?
Long PENDLE on Kraken and short on Backpack for a gross spread of 0.0592% per 8 hours (64.82% APR). Trading fees, slippage and the price basis between the two venues reduce the net return.