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MEGA Funding Rate on Backpack

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As of 2026-10-02 23:34 UTC, the MEGA perpetual on Backpack pays 0.0013% per 1h, 0.0100% per 8 hours (10.95% APR), so longs pay shorts. That is the 17th highest of 19 exchanges shown, against a volume-weighted average of 0.0118% per 8 hours (12.97% APR). Over the last 7 days Backpack averaged 0.0117% per 8 hours (12.82% APR). The next funding is at 2026-10-03 00:00 UTC.

Rate per 1h
0.0013%
Same rate per 8h
0.0100%
7-day average per 8h
0.0117%
Next funding
2026-10-03 00:00 UTC
Rank
17 of 19

MEGA funding on Backpack, per 8h

MEGA funding on Backpack, per 8 hours, hourly, last 7 days0.0000%0.0050%0.0100%0.0150%0.0200%13:0015:3018:0020:3023:00HW 0.0195%LW 0.0100%0.0100%

Compare Backpack with other exchanges over 7 or 30 days

MEGA funding arbitrage with Backpack

LongBackpack0.0013%/1hShortToobit0.0239%/4hFunding gap 0.0379% per 8h before fees

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

MEGA funding on every exchange

Showing 19 of 19

All MEGA funding rates Backpack funding rates

Frequently asked questions

What is the MEGA 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 0.0117% per 8 hours (12.82% APR).
How often does Backpack pay MEGA funding?
Every hour. The next payment is at 2026-10-03 00:00 UTC.
Is MEGA funding on Backpack higher than on other exchanges?
Backpack is the 17th highest of 19 exchanges shown. The highest is Toobit at 0.0239% per 4h (52.45% APR) and the lowest is Aster at 0.0050% per 4h (10.95% APR).
How do you arbitrage MEGA funding with Backpack?
Long MEGA on Backpack and short on Toobit for a gross spread of 0.0379% per 8 hours (41.50% APR). Trading fees, slippage and the price basis between the two venues reduce the net return.