ArbTide

MET Funding Rate on Backpack

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As of 2026-10-03 03:59 UTC, the MET perpetual on Backpack pays 0.0013% per 1h, 0.0100% per 8 hours (10.95% APR), so longs pay shorts. That is the 11th highest of 17 exchanges shown, against a volume-weighted average of 0.0098% per 8 hours (10.69% APR). Over the last 7 days Backpack averaged 0.0063% per 8 hours (6.94% APR). The next funding is at 2026-10-03 04:00 UTC.

Rate per 1h
0.0013%
Same rate per 8h
0.0100%
7-day average per 8h
0.0063%
Next funding
2026-10-03 04:00 UTC
Rank
11 of 17

MET funding on Backpack, per 8h

MET funding on Backpack, per 8 hours, hourly, last 7 days-0.0400%-0.0200%0.0000%0.0200%0.0400%13:0016:3020:0023:3003:00HW 0.0202%LW -0.0206%0.0080%

Compare Backpack with other exchanges over 7 or 30 days

MET funding arbitrage with Backpack

LongBackpack0.0013%/1hShortToobit0.0264%/4hFunding gap 0.0428% per 8h before fees

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

MET funding on every exchange

Showing 17 of 17

All MET funding rates Backpack funding rates

Frequently asked questions

What is the MET 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 0.0063% per 8 hours (6.94% APR).
How often does Backpack pay MET funding?
Every hour. The next payment is at 2026-10-03 04:00 UTC.
Is MET funding on Backpack higher than on other exchanges?
Backpack is the 11th highest of 17 exchanges shown. The highest is Toobit at 0.0264% per 4h (57.78% APR) and the lowest is Deepcoin at 0.0050% per 8h (5.47% APR).
How do you arbitrage MET funding with Backpack?
Long MET on Backpack and short on Toobit for a gross spread of 0.0428% per 8 hours (46.83% APR). Trading fees, slippage and the price basis between the two venues reduce the net return.