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PAXG Funding Rate on Backpack

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As of 2026-10-03 11:54 UTC, the PAXG perpetual on Backpack pays 0.0004% per 1h, 0.0035% per 8 hours (3.84% APR), so longs pay shorts. That is the 20th highest of 25 exchanges shown, against a volume-weighted average of 0.0083% per 8 hours (9.04% APR). Over the last 7 days Backpack averaged -0.0036% per 8 hours (-3.98% APR). The next funding is at 2026-10-03 12:00 UTC.

Rate per 1h
0.0004%
Same rate per 8h
0.0035%
7-day average per 8h
-0.0036%
Next funding
2026-10-03 12:00 UTC
Rank
20 of 25

PAXG funding on Backpack, per 8h

PAXG funding on Backpack, per 8 hours, hourly, last 7 days-0.0300%-0.0200%-0.0100%0.0000%0.0100%13:0018:3000:0005:3011:00HW 0.0077%LW -0.0210%0.0017%

Compare Backpack with other exchanges over 7 or 30 days

PAXG funding arbitrage with Backpack

LongCrypto.com-0.0045%/1hShortBackpack0.0004%/1hFunding gap 0.0394% per 8h before fees

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

PAXG funding on every exchange

Showing 25 of 25

All PAXG funding rates Backpack funding rates

Frequently asked questions

What is the PAXG funding rate on Backpack?
0.0004% per 1h, or 0.0035% per 8 hours (3.84% APR), so longs pay shorts. The 7-day average is -0.0036% per 8 hours (-3.98% APR).
How often does Backpack pay PAXG funding?
Every hour. The next payment is at 2026-10-03 12:00 UTC.
Is PAXG funding on Backpack higher than on other exchanges?
Backpack is the 20th highest of 25 exchanges shown. The highest is Bybit at 0.0050% per 4h (10.95% APR) and the lowest is Crypto.com at -0.0045% per 1h (-39.34% APR).
How do you arbitrage PAXG funding with Backpack?
Long PAXG on Crypto.com and short on Backpack for a gross spread of 0.0394% per 8 hours (43.19% APR). Trading fees, slippage and the price basis between the two venues reduce the net return.