# MEGA Funding Rate on Backpack

As of 2026-10-03 01:47 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 14th highest of 20 exchanges shown, against a volume-weighted average of 0.0117% per 8 hours (12.78% APR). Over the last 7 days Backpack averaged 0.0114% per 8 hours (12.53% APR). The next funding is at 2026-10-03 02:00 UTC.

## Funding on every exchange

| Exchange | Market | Funding rate | Interval | APR | Next funding |
| --- | --- | --- | --- | --- | --- |
| [Toobit](https://arbtide.com/funding-rates/mega/toobit) | [MEGA/USDT:USDT](https://www.toobit.com/en-US/futures/MEGA-SWAP-USDT) | 0.0243% | 4h | 53.11% | 2026-10-03 04:00 UTC |
| [XT.COM](https://arbtide.com/funding-rates/mega/xt) | [MEGA/USDT:USDT](https://www.xt.com/en/futures/trade/mega_usdt) | 0.0100% | 4h | 21.98% | 2026-10-03 04:00 UTC |
| [Extended](https://arbtide.com/funding-rates/mega/extended) | [MEGA/USDC:USDC](https://app.extended.exchange/perp/MEGA-USD) | 0.0013% | 1h | 11.39% | 2026-10-03 02:00 UTC |
| [Binance](https://arbtide.com/funding-rates/mega/binance) | [MEGA/USDT:USDT](https://www.binance.com/en/futures/MEGAUSDT) | 0.0050% | 4h | 10.95% | 2026-10-03 04:00 UTC |
| [Bybit](https://arbtide.com/funding-rates/mega/bybit) | [MEGA/USDT:USDT](https://www.bybit.com/trade/usdt/MEGAUSDT) | 0.0050% | 4h | 10.95% | 2026-10-03 04:00 UTC |
| [OKX](https://arbtide.com/funding-rates/mega/okx) | [MEGA/USDT:USDT](https://www.okx.com/trade-swap/mega-usdt-swap) | 0.0050% | 4h | 10.95% | 2026-10-03 04:00 UTC |
| [Bitget](https://arbtide.com/funding-rates/mega/bitget) | [MEGA/USDT:USDT](https://www.bitget.com/futures/usdt/MEGAUSDT) | 0.0050% | 4h | 10.95% | — |
| [Gate](https://arbtide.com/funding-rates/mega/gate) | [MEGA/USDT:USDT](https://www.gate.com/futures/USDT/MEGA_USDT) | 0.0050% | 4h | 10.95% | 2026-10-03 04:00 UTC |
| [MEXC](https://arbtide.com/funding-rates/mega/mexc) | [MEGA/USDT:USDT](https://www.mexc.com/futures/MEGA_USDT) | 0.0050% | 4h | 10.95% | 2026-10-03 04:00 UTC |
| [BingX](https://arbtide.com/funding-rates/mega/bingx) | [MEGA/USDT:USDT](https://bingx.com/en/perpetual/MEGA-USDT) | 0.0050% | 4h | 10.95% | — |
| [WhiteBIT](https://arbtide.com/funding-rates/mega/whitebit) | [MEGA/USDT:USDT](https://whitebit.com/trade/MEGA-PERP?type=futures) | 0.0050% | 4h | 10.95% | 2026-10-03 04:00 UTC |
| [LBank](https://arbtide.com/funding-rates/mega/lbank) | [MEGA/USDT:USDT](https://www.lbank.com/futures/megausdt) | 0.0050% | 4h | 10.95% | 2026-10-03 04:00 UTC |
| [WEEX](https://arbtide.com/funding-rates/mega/weex) | [MEGA/USDT:USDT](https://www.weex.com/futures/MEGA-USDT) | 0.0050% | 4h | 10.95% | 2026-10-03 01:46 UTC |
| [Backpack](https://arbtide.com/funding-rates/mega/backpack) | [MEGA/USDC:USDC](https://backpack.exchange/trade/MEGA_USDC_PERP) | 0.0013% | 1h | 10.95% | 2026-10-03 02:00 UTC |
| [Hyperliquid](https://arbtide.com/funding-rates/mega/hyperliquid) | [MEGA/USDC:USDC](https://app.hyperliquid.xyz/trade/MEGA) | 0.0013% | 1h | 10.95% | 2026-10-03 02:00 UTC |
| [Aster](https://arbtide.com/funding-rates/mega/aster) | [MEGA/USDT:USDT](https://www.asterdex.com/en/trade/pro/futures/MEGAUSDT) | 0.0050% | 4h | 10.95% | — |
| [Pacifica](https://arbtide.com/funding-rates/mega/pacifica) | [MEGA/USDC:USDC](https://app.pacifica.fi/trade/MEGA) | 0.0013% | 1h | 10.95% | 2026-10-03 02:00 UTC |
| [Lighter](https://arbtide.com/funding-rates/mega/lighter) | [MEGA/USDC:USDC](https://app.lighter.xyz/trade/MEGA) | 0.0096% | 8h | 10.51% | — |
| [KuCoin](https://arbtide.com/funding-rates/mega/kucoin) | [MEGA/USDT:USDT](https://www.kucoin.com/trade/futures/MEGAUSDTM) | -0.0066% | 4h | -14.45% | 2026-10-03 04:00 UTC |
| [Crypto.com](https://arbtide.com/funding-rates/mega/cryptocom) | [MEGA/USD:USD](https://crypto.com/exchange/trade/MEGAUSD-PERP) | -0.0101% | 1h | -88.70% | 2026-10-03 02:00 UTC |

## 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 0.0114% per 8 hours (12.53% APR).

### How often does Backpack pay MEGA funding?

Every hour. The next payment is at 2026-10-03 02:00 UTC.

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

Backpack is the 14th highest of 20 exchanges shown. The highest is Toobit at 0.0243% per 4h (53.11% APR) and the lowest is KuCoin at -0.0066% per 4h (-14.45% APR).

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

Long MEGA on Backpack and short on Toobit for a gross spread of 0.0385% per 8 hours (42.16% APR). Trading fees, slippage and the price basis between the two venues reduce the net return.