SOL Funding Rate on Backpack

As of 2026-10-03 04:15 UTC, the SOL perpetual on Backpack pays -0.0001% per 1h, -0.0011% per 8 hours (-1.24% APR), so shorts pay longs. That is the 19th highest of 29 exchanges shown, against a volume-weighted average of -0.0016% per 8 hours (-1.71% APR). Over the last 7 days Backpack averaged 0.0018% per 8 hours (1.97% APR). The next funding is at 2026-10-03 05:00 UTC.

Compare Backpack with other exchanges over 7 or 30 days

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

Frequently asked questions

What is the SOL funding rate on Backpack?

-0.0001% per 1h, or -0.0011% per 8 hours (-1.24% APR), so shorts pay longs. The 7-day average is 0.0018% per 8 hours (1.97% APR).

How often does Backpack pay SOL funding?

Every hour. The next payment is at 2026-10-03 05:00 UTC.

Is SOL funding on Backpack higher than on other exchanges?

Backpack is the 19th highest of 29 exchanges shown. The highest is Kraken at 0.0016% per 1h (13.80% APR) and the lowest is dYdX at -0.0014% per 1h (-12.47% APR).

How do you arbitrage SOL funding with Backpack?

Long SOL on Backpack and short on Kraken for a gross spread of 0.0137% per 8 hours (15.04% APR). Trading fees, slippage and the price basis between the two venues reduce the net return.