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ONDO Funding Rate on Backpack

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As of 2026-10-03 15:56 UTC, the ONDO perpetual on Backpack pays 0.0002% per 1h, 0.0018% per 8 hours (1.99% APR), so longs pay shorts. That is the 23rd highest of 27 exchanges shown, against a volume-weighted average of 0.0153% per 8 hours (16.77% APR). Over the last 7 days Backpack averaged -0.0023% per 8 hours (-2.51% APR). The next funding is at 2026-10-03 16:00 UTC.

Rate per 1h
0.0002%
Same rate per 8h
0.0018%
7-day average per 8h
-0.0023%
Next funding
2026-10-03 16:00 UTC
Rank
23 of 27

ONDO funding on Backpack, per 8h

ONDO funding on Backpack, per 8 hours, hourly, last 7 days-0.0300%-0.0200%-0.0100%0.0000%0.0100%13:0019:3002:0008:3015:00HW 0.0100%LW -0.0257%0.0025%

Compare Backpack with other exchanges over 7 or 30 days

ONDO funding arbitrage with Backpack

LongBackpack0.0002%/1hShortXT.COM0.0403%/4hFunding gap 0.0788% per 8h before fees

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

ONDO funding on every exchange

Showing 27 of 27

All ONDO funding rates Backpack funding rates

Frequently asked questions

What is the ONDO funding rate on Backpack?
0.0002% per 1h, or 0.0018% per 8 hours (1.99% APR), so longs pay shorts. The 7-day average is -0.0023% per 8 hours (-2.51% APR).
How often does Backpack pay ONDO funding?
Every hour. The next payment is at 2026-10-03 16:00 UTC.
Is ONDO funding on Backpack higher than on other exchanges?
Backpack is the 23rd highest of 27 exchanges shown. The highest is XT.COM at 0.0403% per 4h (88.26% APR) and the lowest is WEEX at -0.0003% per 4h (-0.65% APR).
How do you arbitrage ONDO funding with Backpack?
Long ONDO on Backpack and short on XT.COM for a gross spread of 0.0788% per 8 hours (86.27% APR). Trading fees, slippage and the price basis between the two venues reduce the net return.