# KMNO Funding Rate on Backpack

As of 2026-10-03 20:09 UTC, the KMNO perpetual on Backpack pays -0.0124% per 1h, -0.0989% per 8 hours (-108.35% APR), so shorts pay longs. That is the 13th highest of 13 exchanges shown, against a volume-weighted average of -0.0237% per 8 hours (-25.94% APR). Over the last 7 days Backpack averaged -0.0701% per 8 hours (-76.73% APR). The next funding is at 2026-10-03 21:00 UTC.

## Funding on every exchange

| Exchange | Market | Funding rate | Interval | APR | Next funding |
| --- | --- | --- | --- | --- | --- |
| [Bybit](https://arbtide.com/funding-rates/kmno/bybit) | [KMNO/USDT:USDT](https://www.bybit.com/trade/usdt/KMNOUSDT) | 0.0050% | 4h | 10.95% | 2026-10-04 00:00 UTC |
| [Bitget](https://arbtide.com/funding-rates/kmno/bitget) | [KMNO/USDT:USDT](https://www.bitget.com/futures/usdt/KMNOUSDT) | 0.0050% | 4h | 10.95% | — |
| [BingX](https://arbtide.com/funding-rates/kmno/bingx) | [KMNO/USDT:USDT](https://bingx.com/en/perpetual/KMNO-USDT) | 0.0050% | 4h | 10.95% | — |
| [WhiteBIT](https://arbtide.com/funding-rates/kmno/whitebit) | [KMNO/USDT:USDT](https://whitebit.com/trade/KMNO-PERP?type=futures) | 0.0050% | 4h | 10.95% | 2026-10-04 00:00 UTC |
| [WEEX](https://arbtide.com/funding-rates/kmno/weex) | [KMNO/USDT:USDT](https://www.weex.com/futures/KMNO-USDT) | -0.0128% | 4h | -27.93% | 2026-10-03 20:08 UTC |
| [MEXC](https://arbtide.com/funding-rates/kmno/mexc) | [KMNO/USDT:USDT](https://www.mexc.com/futures/KMNO_USDT) | -0.0134% | 4h | -29.35% | 2026-10-04 00:00 UTC |
| [Binance](https://arbtide.com/funding-rates/kmno/binance) | [KMNO/USDT:USDT](https://www.binance.com/en/futures/KMNOUSDT) | -0.0136% | 4h | -29.78% | 2026-10-04 00:00 UTC |
| [LBank](https://arbtide.com/funding-rates/kmno/lbank) | [KMNO/USDT:USDT](https://www.lbank.com/futures/kmnousdt) | -0.0136% | 4h | -29.78% | 2026-10-04 00:00 UTC |
| [Toobit](https://arbtide.com/funding-rates/kmno/toobit) | [KMNO/USDT:USDT](https://www.toobit.com/en-US/futures/KMNO-SWAP-USDT) | -0.0136% | 4h | -29.78% | 2026-10-04 00:00 UTC |
| [XT.COM](https://arbtide.com/funding-rates/kmno/xt) | [KMNO/USDT:USDT](https://www.xt.com/en/futures/trade/kmno_usdt) | -0.0138% | 4h | -30.13% | 2026-10-04 00:00 UTC |
| [OKX](https://arbtide.com/funding-rates/kmno/okx) | [KMNO/USDT:USDT](https://www.okx.com/trade-swap/kmno-usdt-swap) | -0.0139% | 4h | -30.43% | 2026-10-04 00:00 UTC |
| [Gate](https://arbtide.com/funding-rates/kmno/gate) | [KMNO/USDT:USDT](https://www.gate.com/futures/USDT/KMNO_USDT) | -0.0344% | 4h | -75.34% | 2026-10-04 00:00 UTC |
| [Backpack](https://arbtide.com/funding-rates/kmno/backpack) | [KMNO/USDC:USDC](https://backpack.exchange/trade/KMNO_USDC_PERP) | -0.0124% | 1h | -108.35% | 2026-10-03 21:00 UTC |

## Frequently asked questions

### What is the KMNO funding rate on Backpack?

-0.0124% per 1h, or -0.0989% per 8 hours (-108.35% APR), so shorts pay longs. The 7-day average is -0.0701% per 8 hours (-76.73% APR).

### How often does Backpack pay KMNO funding?

Every hour. The next payment is at 2026-10-03 21:00 UTC.

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

Backpack is the 13th highest of 13 exchanges shown. The highest is Bybit at 0.0050% per 4h (10.95% APR) and the lowest is OKX at -0.0139% per 4h (-30.43% APR).

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

Long KMNO on Backpack and short on Bybit for a gross spread of 0.1089% per 8 hours (119.30% APR). Trading fees, slippage and the price basis between the two venues reduce the net return.