# BTC Funding Rate on Backpack

As of 2026-10-03 08:13 UTC, the BTC perpetual on Backpack pays 0.0013% per 1h, 0.0100% per 8 hours (10.95% APR), so longs pay shorts. That is the 1st highest of 29 exchanges shown, against a volume-weighted average of -0.0010% per 8 hours (-1.10% APR). Over the last 7 days Backpack averaged 0.0100% per 8 hours (10.95% APR). The next funding is at 2026-10-03 09:00 UTC.

## Funding on every exchange

| Exchange | Market | Funding rate | Interval | APR | Next funding |
| --- | --- | --- | --- | --- | --- |
| [Backpack](https://arbtide.com/funding-rates/btc/backpack) | [BTC/USDC:USDC](https://backpack.exchange/trade/BTC_USDC_PERP) | 0.0013% | 1h | 10.95% | 2026-10-03 09:00 UTC |
| [HitBTC](https://arbtide.com/funding-rates/btc/hitbtc) | BTC/USDT:USDT | 0.0100% | 8h | 10.95% | 2026-10-03 16:00 UTC |
| [Pacifica](https://arbtide.com/funding-rates/btc/pacifica) | [BTC/USDC:USDC](https://app.pacifica.fi/trade/BTC) | 0.0013% | 1h | 10.95% | 2026-10-03 09:00 UTC |
| [Deepcoin](https://arbtide.com/funding-rates/btc/deepcoin) | [BTC/USDT:USDT](https://www.deepcoin.com/en/swap/BTC-USDT) | 0.0095% | 8h | 10.42% | — |
| [Hyperliquid](https://arbtide.com/funding-rates/btc/hyperliquid) | [BTC/USDC:USDC](https://app.hyperliquid.xyz/trade/BTC) | 0.0011% | 1h | 9.64% | 2026-10-03 09:00 UTC |
| [Aster](https://arbtide.com/funding-rates/btc/aster) | [BTC/USDT:USDT](https://www.asterdex.com/en/trade/pro/futures/BTCUSDT) | 0.0066% | 8h | 7.18% | — |
| [Bitget](https://arbtide.com/funding-rates/btc/bitget) | [BTC/USDT:USDT](https://www.bitget.com/futures/usdt/BTCUSDT) | 0.0063% | 8h | 6.90% | — |
| [BingX](https://arbtide.com/funding-rates/btc/bingx) | [BTC/USDT:USDT](https://bingx.com/en/perpetual/BTC-USDT) | 0.0063% | 8h | 6.90% | — |
| [WOOFi Pro](https://arbtide.com/funding-rates/btc/woofipro) | [BTC/USDC:USDC](https://pro.woofi.com/en/trade/BTC_PERP) | 0.0043% | 8h | 4.66% | 2026-10-03 16:00 UTC |
| [Paradex](https://arbtide.com/funding-rates/btc/paradex) | [BTC/USD:USDC](https://app.paradex.trade/trade/BTC-USD-PERP) | 0.0040% | 8h | 4.39% | — |
| [Lighter](https://arbtide.com/funding-rates/btc/lighter) | [BTC/USDC:USDC](https://app.lighter.xyz/trade/BTC) | 0.0032% | 8h | 3.50% | — |
| [OKX](https://arbtide.com/funding-rates/btc/okx) | [BTC/USDT:USDT](https://www.okx.com/trade-swap/btc-usdt-swap) | 0.0030% | 8h | 3.33% | 2026-10-03 16:00 UTC |
| [BTSE](https://arbtide.com/funding-rates/btc/btse) | [BTC/USDT:USDT](https://www.btse.com/en/futures/BTC-PERP) | 0.0030% | 8h | 3.24% | — |
| [Bitfinex](https://arbtide.com/funding-rates/btc/bitfinex) | [BTC/USDT:USDT](https://trading.bitfinex.com/t/BTCF0:USTF0) | 0.0026% | 8h | 2.87% | — |
| [KuCoin](https://arbtide.com/funding-rates/btc/kucoin) | [BTC/USDT:USDT](https://www.kucoin.com/trade/futures/XBTUSDTM) | 0.0019% | 8h | 2.08% | 2026-10-03 16:00 UTC |
| [Extended](https://arbtide.com/funding-rates/btc/extended) | [BTC/USDC:USDC](https://app.extended.exchange/perp/BTC-USD) | 0.0002% | 1h | 1.75% | 2026-10-03 09:00 UTC |
| [XT.COM](https://arbtide.com/funding-rates/btc/xt) | [BTC/USDT:USDT](https://www.xt.com/en/futures/trade/btc_usdt) | 0.0004% | 8h | 0.47% | 2026-10-03 16:00 UTC |
| [Binance](https://arbtide.com/funding-rates/btc/binance) | [BTC/USDT:USDT](https://www.binance.com/en/futures/BTCUSDT) | 0.0004% | 8h | 0.46% | 2026-10-03 16:00 UTC |
| [LBank](https://arbtide.com/funding-rates/btc/lbank) | [BTC/USDT:USDT](https://www.lbank.com/futures/btcusdt) | 0.0004% | 8h | 0.46% | 2026-10-03 16:00 UTC |
| [Toobit](https://arbtide.com/funding-rates/btc/toobit) | [BTC/USDT:USDT](https://www.toobit.com/en-US/futures/BTC-SWAP-USDT) | 0.0004% | 8h | 0.46% | 2026-10-03 16:00 UTC |
| [WEEX](https://arbtide.com/funding-rates/btc/weex) | [BTC/USDT:USDT](https://www.weex.com/futures/BTC-USDT) | 0.0004% | 8h | 0.45% | 2026-10-03 08:13 UTC |
| [MEXC](https://arbtide.com/funding-rates/btc/mexc) | [BTC/USDT:USDT](https://www.mexc.com/futures/BTC_USDT) | 0.0004% | 8h | 0.44% | 2026-10-03 16:00 UTC |
| [Gate](https://arbtide.com/funding-rates/btc/gate) | [BTC/USDT:USDT](https://www.gate.com/futures/USDT/BTC_USDT) | -0.0007% | 8h | -0.77% | 2026-10-03 16:00 UTC |
| [dYdX](https://arbtide.com/funding-rates/btc/dydx) | [BTC/USDC:USDC](https://dydx.trade/trade/BTC-USD) | -0.0004% | 1h | -3.67% | 2026-10-03 09:00 UTC |
| [Kraken](https://arbtide.com/funding-rates/btc/kraken) | [BTC/USD:USD](https://pro.kraken.com/app/trade/futures-btc-usd-perp) | -0.0006% | 1h | -4.90% | — |
| [HTX](https://arbtide.com/funding-rates/btc/htx) | [BTC/USDT:USDT](https://www.htx.com/futures/linear_swap/exchange#contract_code=BTC-USDT&contract_type=swap&type=cross) | -0.0066% | 8h | -7.26% | 2026-10-03 16:00 UTC |
| [Bybit](https://arbtide.com/funding-rates/btc/bybit) | [BTC/USDT:USDT](https://www.bybit.com/trade/usdt/BTCUSDT) | -0.0081% | 8h | -8.87% | 2026-10-03 16:00 UTC |
| [Crypto.com](https://arbtide.com/funding-rates/btc/cryptocom) | [BTC/USD:USD](https://crypto.com/exchange/trade/BTCUSD-PERP) | -0.0014% | 1h | -12.27% | 2026-10-03 09:00 UTC |
| [WhiteBIT](https://arbtide.com/funding-rates/btc/whitebit) | [BTC/USDT:USDT](https://whitebit.com/trade/BTC-PERP?type=futures) | -0.0122% | 8h | -13.36% | 2026-10-03 16:00 UTC |

## Frequently asked questions

### What is the BTC 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 0.0100% per 8 hours (10.95% APR).

### How often does Backpack pay BTC funding?

Every hour. The next payment is at 2026-10-03 09:00 UTC.

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

Backpack is the 1st highest of 29 exchanges shown. The highest is Backpack at 0.0013% per 1h (10.95% APR) and the lowest is WhiteBIT at -0.0122% per 8h (-13.36% APR).

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

Long BTC on WhiteBIT and short on Backpack for a gross spread of 0.0222% per 8 hours (24.31% APR). Trading fees, slippage and the price basis between the two venues reduce the net return.