ArbTide

XRP Funding Rate on Backpack

Live

As of 2026-10-05 16:50 UTC, the XRP perpetual on Backpack pays 0.0010% per 1h, 0.0083% per 8 hours (9.14% APR), so longs pay shorts. That is the 20th highest of 29 exchanges shown, against a volume-weighted average of 0.0078% per 8 hours (8.59% APR). Over the last 7 days Backpack averaged 0.0066% per 8 hours (7.28% APR). The next funding is at 2026-10-05 17:00 UTC.

Rate per 1h
0.0010%
Same rate per 8h
0.0083%
7-day average per 8h
0.0066%
Next funding
2026-10-05 17:00 UTC
Rank
20 of 29

XRP funding on Backpack, per 8h

XRP funding on Backpack, per 8 hours, hourly, last 7 days-0.0100%-0.0050%0.0000%0.0050%0.0100%Oct 2 13:00Oct 3 07:45Oct 4 02:30Oct 4 21:15Oct 5 16:00HW 0.0100%LW -0.0063%0.0096%

Compare Backpack with other exchanges over 7 or 30 days

XRP funding arbitrage with Backpack

LongKraken-0.0044%/1hShortBackpack0.0010%/1hFunding gap 0.0435% per 8h before fees

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

XRP funding on every exchange

  • 11.09%
    APR
    Funding rate
    0.0101%
    Interval
    8h
    Next funding
    2026-10-06 00:00 UTC
    Data
    Live

  • 10.95%
    APR
    Funding rate
    0.0100%
    Interval
    8h
    Next funding
    2026-10-06 00:00 UTC
    Data
    Live

  • 10.95%
    APR
    Funding rate
    0.0100%
    Interval
    8h
    Next funding
    2026-10-06 00:00 UTC
    Data
    Live

  • 10.95%
    APR
    Funding rate
    0.0100%
    Interval
    8h
    Data
    Live

  • 10.95%
    APR
    Funding rate
    0.0100%
    Interval
    8h
    Next funding
    2026-10-06 00:00 UTC
    Data
    Live

  • 10.95%
    APR
    Funding rate
    0.0100%
    Interval
    8h
    Next funding
    2026-10-06 00:00 UTC
    Data
    Live

  • 10.95%
    APR
    Funding rate
    0.0100%
    Interval
    8h
    Data
    Live

  • 10.95%
    APR
    Funding rate
    0.0100%
    Interval
    8h
    Next funding
    2026-10-06 00:00 UTC
    Data
    Live

  • 10.95%
    APR
    Funding rate
    0.0100%
    Interval
    8h
    Next funding
    2026-10-06 00:00 UTC
    Data
    Live

  • 10.95%
    APR
    Funding rate
    0.0100%
    Interval
    8h
    Data
    Live

  • 10.95%
    APR
    Funding rate
    0.0100%
    Interval
    8h
    Next funding
    2026-10-06 00:00 UTC
    Data
    Live

  • 10.95%
    APR
    Funding rate
    0.0100%
    Interval
    8h
    Next funding
    2026-10-05 16:50 UTC
    Data
    Live

  • 10.95%
    APR
    Funding rate
    0.0100%
    Interval
    8h
    Next funding
    2026-10-06 00:00 UTC
    Data
    Live

  • 10.95%
    APR
    Market
    XRP/USDT:USDT
    Funding rate
    0.0100%
    Interval
    8h
    Next funding
    2026-10-06 00:00 UTC
    Data
    Live

  • 10.95%
    APR
    Funding rate
    0.0013%
    Interval
    1h
    Next funding
    2026-10-05 17:00 UTC
    Data
    Live

  • 10.95%
    APR
    Funding rate
    0.0100%
    Interval
    8h
    Data
    Live

  • 10.95%
    APR
    Funding rate
    0.0013%
    Interval
    1h
    Next funding
    2026-10-05 17:00 UTC
    Data
    Live

  • 10.51%
    APR
    Funding rate
    0.0096%
    Interval
    8h
    Data
    Live

  • 9.86%
    APR
    Funding rate
    0.0090%
    Interval
    8h
    Data
    Live

  • 9.14%
    APR
    Funding rate
    0.0010%
    Interval
    1h
    Next funding
    2026-10-05 17:00 UTC
    Data
    Live

  • 8.17%
    APR
    Funding rate
    0.0075%
    Interval
    8h
    Next funding
    2026-10-06 00:00 UTC
    Data
    Live

  • 7.98%
    APR
    Funding rate
    0.0073%
    Interval
    8h
    Data
    Live

  • 3.50%
    APR
    Funding rate
    0.0004%
    Interval
    1h
    Next funding
    2026-10-05 17:00 UTC
    Data
    Live

  • 2.63%
    APR
    Funding rate
    0.0024%
    Interval
    8h
    Next funding
    2026-10-06 00:00 UTC
    Data
    Live

  • 0.00%
    APR
    Funding rate
    0.0000%
    Interval
    8h
    Data
    Live

  • -6.17%
    APR
    Funding rate
    -0.0007%
    Interval
    1h
    Next funding
    2026-10-05 17:00 UTC
    Data
    Live

  • -7.55%
    APR
    Funding rate
    -0.0069%
    Interval
    8h
    Next funding
    2026-10-06 00:00 UTC
    Data
    Live

  • -18.42%
    APR
    Funding rate
    -0.0021%
    Interval
    1h
    Next funding
    2026-10-05 17:00 UTC
    Data
    Live

  • -38.55%
    APR
    Funding rate
    -0.0044%
    Interval
    1h
    Data
    Live

Showing 29 of 29

All XRP funding rates Backpack funding rates

Frequently asked questions

What is the XRP funding rate on Backpack?
0.0010% per 1h, or 0.0083% per 8 hours (9.14% APR), so longs pay shorts. The 7-day average is 0.0066% per 8 hours (7.28% APR).
How often does Backpack pay XRP funding?
Every hour. The next payment is at 2026-10-05 17:00 UTC.
Is XRP funding on Backpack higher than on other exchanges?
Backpack is the 20th highest of 29 exchanges shown. The highest is XT.COM at 0.0101% per 8h (11.09% APR) and the lowest is Kraken at -0.0044% per 1h (-38.55% APR).
How do you arbitrage XRP funding with Backpack?
Long XRP on Kraken and short on Backpack for a gross spread of 0.0435% per 8 hours (47.69% APR). Trading fees, slippage and the price basis between the two venues reduce the net return.