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NEAR Funding Rate on Backpack

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As of 2026-10-04 06:20 UTC, the NEAR perpetual on Backpack pays 0.0058% per 1h, 0.0464% per 8 hours (50.86% APR), so longs pay shorts. That is the 2nd highest of 29 exchanges shown, against a volume-weighted average of 0.0106% per 8 hours (11.61% APR). Over the last 7 days Backpack averaged 0.0356% per 8 hours (38.95% APR). The next funding is at 2026-10-04 07:00 UTC.

Rate per 1h
0.0058%
Same rate per 8h
0.0464%
7-day average per 8h
0.0356%
Next funding
2026-10-04 07:00 UTC
Rank
2 of 29

NEAR funding on Backpack, per 8h

NEAR funding on Backpack, per 8 hours, hourly, last 7 days0.0000%0.0200%0.0400%0.0600%0.0800%Oct 2 13:00Oct 2 23:15Oct 3 09:30Oct 3 19:45Oct 4 06:00HW 0.0725%LW 0.0092%0.0424%

Compare Backpack with other exchanges over 7 or 30 days

NEAR funding arbitrage with Backpack

LongBitfinex0.0000%/8hShortBackpack0.0058%/1hFunding gap 0.0464% per 8h before fees

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

NEAR funding on every exchange

Showing 29 of 29

All NEAR funding rates Backpack funding rates

Frequently asked questions

What is the NEAR funding rate on Backpack?
0.0058% per 1h, or 0.0464% per 8 hours (50.86% APR), so longs pay shorts. The 7-day average is 0.0356% per 8 hours (38.95% APR).
How often does Backpack pay NEAR funding?
Every hour. The next payment is at 2026-10-04 07:00 UTC.
Is NEAR funding on Backpack higher than on other exchanges?
Backpack is the 2nd highest of 29 exchanges shown. The highest is Backpack at 0.0058% per 1h (50.86% APR) and the lowest is Bitfinex at 0.0000% per 8h (0.00% APR).
How do you arbitrage NEAR funding with Backpack?
Long NEAR on Bitfinex and short on Backpack for a gross spread of 0.0464% per 8 hours (50.86% APR). Trading fees, slippage and the price basis between the two venues reduce the net return.