# BILL Funding Rate on Backpack

As of 2026-10-03 14:16 UTC, the BILL perpetual on Backpack pays 0.0013% per 1h, 0.0100% per 8 hours (10.95% APR), so longs pay shorts. That is the 14th highest of 15 exchanges shown, against a volume-weighted average of 0.0100% per 8 hours (10.96% APR). Over the last 7 days Backpack averaged -0.0066% per 8 hours (-7.24% APR). The next funding is at 2026-10-03 15:00 UTC.

## Funding on every exchange

| Exchange | Market | Funding rate | Interval | APR | Next funding |
| --- | --- | --- | --- | --- | --- |
| [Extended](https://arbtide.com/funding-rates/bill/extended) | [BILL/USDC:USDC](https://app.extended.exchange/perp/BILL-USD) | 0.0013% | 1h | 11.39% | 2026-10-03 15:00 UTC |
| [XT.COM](https://arbtide.com/funding-rates/bill/xt) | [BILL/USDT:USDT](https://www.xt.com/en/futures/trade/bill_usdt) | 0.0050% | 4h | 11.02% | 2026-10-03 16:00 UTC |
| [Binance](https://arbtide.com/funding-rates/bill/binance) | [BILL/USDT:USDT](https://www.binance.com/en/futures/BILLUSDT) | 0.0050% | 4h | 10.95% | 2026-10-03 16:00 UTC |
| [Bybit](https://arbtide.com/funding-rates/bill/bybit) | [BILL/USDT:USDT](https://www.bybit.com/trade/usdt/BILLUSDT) | 0.0050% | 4h | 10.95% | 2026-10-03 16:00 UTC |
| [OKX](https://arbtide.com/funding-rates/bill/okx) | [BILL/USDT:USDT](https://www.okx.com/trade-swap/bill-usdt-swap) | 0.0050% | 4h | 10.95% | 2026-10-03 16:00 UTC |
| [Bitget](https://arbtide.com/funding-rates/bill/bitget) | [BILL/USDT:USDT](https://www.bitget.com/futures/usdt/BILLUSDT) | 0.0050% | 4h | 10.95% | — |
| [Gate](https://arbtide.com/funding-rates/bill/gate) | [BILL/USDT:USDT](https://www.gate.com/futures/USDT/BILL_USDT) | 0.0050% | 4h | 10.95% | 2026-10-03 16:00 UTC |
| [KuCoin](https://arbtide.com/funding-rates/bill/kucoin) | [BILL/USDT:USDT](https://www.kucoin.com/trade/futures/BILLUSDTM) | 0.0050% | 4h | 10.95% | 2026-10-03 16:00 UTC |
| [MEXC](https://arbtide.com/funding-rates/bill/mexc) | [BILL/USDT:USDT](https://www.mexc.com/futures/BILL_USDT) | 0.0050% | 4h | 10.95% | 2026-10-03 16:00 UTC |
| [HTX](https://arbtide.com/funding-rates/bill/htx) | [BILL/USDT:USDT](https://www.htx.com/futures/linear_swap/exchange#contract_code=BILL-USDT&contract_type=swap&type=cross) | 0.0050% | 4h | 10.95% | 2026-10-03 16:00 UTC |
| [LBank](https://arbtide.com/funding-rates/bill/lbank) | [BILL/USDT:USDT](https://www.lbank.com/futures/billusdt) | 0.0050% | 4h | 10.95% | 2026-10-03 16:00 UTC |
| [WEEX](https://arbtide.com/funding-rates/bill/weex) | [BILL/USDT:USDT](https://www.weex.com/futures/BILL-USDT) | 0.0050% | 4h | 10.95% | 2026-10-03 14:16 UTC |
| [Toobit](https://arbtide.com/funding-rates/bill/toobit) | [BILL/USDT:USDT](https://www.toobit.com/en-US/futures/BILL-SWAP-USDT) | 0.0050% | 4h | 10.95% | 2026-10-03 16:00 UTC |
| [Backpack](https://arbtide.com/funding-rates/bill/backpack) | [BILL/USDC:USDC](https://backpack.exchange/trade/BILL_USDC_PERP) | 0.0013% | 1h | 10.95% | 2026-10-03 15:00 UTC |
| [Aster](https://arbtide.com/funding-rates/bill/aster) | [BILL/USDT:USDT](https://www.asterdex.com/en/trade/pro/futures/BILLUSDT) | 0.0050% | 4h | 10.95% | — |

## Frequently asked questions

### What is the BILL 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 -0.0066% per 8 hours (-7.24% APR).

### How often does Backpack pay BILL funding?

Every hour. The next payment is at 2026-10-03 15:00 UTC.

### Is BILL funding on Backpack higher than on other exchanges?

Backpack is the 14th highest of 15 exchanges shown. The highest is XT.COM at 0.0050% per 4h (11.02% APR) and the lowest is Toobit at 0.0050% per 4h (10.95% APR).

### How do you arbitrage BILL funding with Backpack?

Long BILL on Backpack and short on XT.COM for a gross spread of 0.0001% per 8 hours (0.07% APR). Trading fees, slippage and the price basis between the two venues reduce the net return.