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JTO Funding Rate on Backpack

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As of 2026-10-04 01:47 UTC, the JTO perpetual on Backpack pays -0.0044% per 1h, -0.0354% per 8 hours (-38.76% APR), so shorts pay longs. That is the 24th highest of 25 exchanges shown, against a volume-weighted average of 0.0099% per 8 hours (10.84% APR). Over the last 7 days Backpack averaged 0.0060% per 8 hours (6.58% APR). The next funding is at 2026-10-04 02:00 UTC.

Rate per 1h
-0.0044%
Same rate per 8h
-0.0354%
7-day average per 8h
0.0060%
Next funding
2026-10-04 02:00 UTC
Rank
24 of 25

JTO funding on Backpack, per 8h

JTO funding on Backpack, per 8 hours, hourly, last 7 days-0.1000%-0.0500%0.0000%0.0500%Oct 2 13:00Oct 2 22:00Oct 3 07:00Oct 3 16:00Oct 4 01:00HW 0.0422%LW -0.0633%

Compare Backpack with other exchanges over 7 or 30 days

JTO funding arbitrage with Backpack

LongBackpack-0.0044%/1hShortBinance0.0050%/4hFunding gap 0.0454% per 8h before fees

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

JTO funding on every exchange

Showing 25 of 25

All JTO funding rates Backpack funding rates

Frequently asked questions

What is the JTO funding rate on Backpack?
-0.0044% per 1h, or -0.0354% per 8 hours (-38.76% APR), so shorts pay longs. The 7-day average is 0.0060% per 8 hours (6.58% APR).
How often does Backpack pay JTO funding?
Every hour. The next payment is at 2026-10-04 02:00 UTC.
Is JTO funding on Backpack higher than on other exchanges?
Backpack is the 24th highest of 25 exchanges shown. The highest is Binance at 0.0050% per 4h (10.95% APR) and the lowest is Backpack at -0.0044% per 1h (-38.76% APR).
How do you arbitrage JTO funding with Backpack?
Long JTO on Backpack and short on Binance for a gross spread of 0.0454% per 8 hours (49.71% APR). Trading fees, slippage and the price basis between the two venues reduce the net return.