# PAXG Funding Rate on Backpack

As of 2026-10-04 02:18 UTC, the PAXG perpetual on Backpack pays 0.0004% per 1h, 0.0032% per 8 hours (3.47% APR), so longs pay shorts. That is the 15th highest of 24 exchanges shown, against a volume-weighted average of 0.0073% per 8 hours (8.02% APR). Over the last 7 days Backpack averaged -0.0016% per 8 hours (-1.75% APR). The next funding is at 2026-10-04 03:00 UTC.

## Funding on every exchange

| Exchange | Market | Funding rate | Interval | APR | Next funding |
| --- | --- | --- | --- | --- | --- |
| [Kraken](https://arbtide.com/funding-rates/paxg/kraken) | [PAXG/USD:USD](https://pro.kraken.com/app/trade/futures-paxg-usd-perp) | 0.0034% | 1h | 29.80% | — |
| [Bybit](https://arbtide.com/funding-rates/paxg/bybit) | [PAXG/USDT:USDT](https://www.bybit.com/trade/usdt/PAXGUSDT) | 0.0050% | 4h | 10.95% | 2026-10-04 04:00 UTC |
| [Bitget](https://arbtide.com/funding-rates/paxg/bitget) | [PAXG/USDT:USDT](https://www.bitget.com/futures/usdt/PAXGUSDT) | 0.0050% | 4h | 10.95% | — |
| [KuCoin](https://arbtide.com/funding-rates/paxg/kucoin) | [PAXG/USDT:USDT](https://www.kucoin.com/trade/futures/PAXGUSDTM) | 0.0050% | 4h | 10.95% | 2026-10-04 04:00 UTC |
| [BingX](https://arbtide.com/funding-rates/paxg/bingx) | [PAXG/USDT:USDT](https://bingx.com/en/perpetual/PAXG-USDT) | 0.0050% | 4h | 10.95% | — |
| [WhiteBIT](https://arbtide.com/funding-rates/paxg/whitebit) | [PAXG/USDT:USDT](https://whitebit.com/trade/PAXG-PERP?type=futures) | 0.0050% | 4h | 10.95% | 2026-10-04 04:00 UTC |
| [BTSE](https://arbtide.com/funding-rates/paxg/btse) | [PAXG/USDT:USDT](https://www.btse.com/en/futures/PAXG-PERP) | 0.0050% | 4h | 10.95% | — |
| [Hyperliquid](https://arbtide.com/funding-rates/paxg/hyperliquid) | [PAXG/USDC:USDC](https://app.hyperliquid.xyz/trade/PAXG) | 0.0013% | 1h | 10.95% | 2026-10-04 03:00 UTC |
| [Aster](https://arbtide.com/funding-rates/paxg/aster) | [PAXG/USDT:USDT](https://www.asterdex.com/en/trade/pro/futures/PAXGUSDT) | 0.0050% | 4h | 10.95% | — |
| [WOOFi Pro](https://arbtide.com/funding-rates/paxg/woofipro) | [PAXG/USDC:USDC](https://pro.woofi.com/en/trade/PAXG_PERP) | 0.0050% | 4h | 10.95% | 2026-10-04 04:00 UTC |
| [Paradex](https://arbtide.com/funding-rates/paxg/paradex) | [PAXG/USD:USDC](https://app.paradex.trade/trade/PAXG-USD-PERP) | 0.0100% | 8h | 10.95% | — |
| [WEEX](https://arbtide.com/funding-rates/paxg/weex) | [PAXG/USDT:USDT](https://www.weex.com/futures/PAXG-USDT) | 0.0021% | 4h | 4.64% | 2026-10-04 02:18 UTC |
| [Lighter](https://arbtide.com/funding-rates/paxg/lighter) | [PAXG/USDC:USDC](https://app.lighter.xyz/trade/PAXG) | 0.0032% | 8h | 3.50% | — |
| [Extended](https://arbtide.com/funding-rates/paxg/extended) | [PAXG/USDC:USDC](https://app.extended.exchange/perp/PAXG-USD) | 0.0004% | 1h | 3.50% | 2026-10-04 03:00 UTC |
| [Backpack](https://arbtide.com/funding-rates/paxg/backpack) | [PAXG/USDC:USDC](https://backpack.exchange/trade/PAXG_USDC_PERP) | 0.0004% | 1h | 3.47% | 2026-10-04 03:00 UTC |
| [XT.COM](https://arbtide.com/funding-rates/paxg/xt) | [PAXG/USDT:USDT](https://www.xt.com/en/futures/trade/paxg_usdt) | 0.0015% | 4h | 3.29% | 2026-10-04 04:00 UTC |
| [Binance](https://arbtide.com/funding-rates/paxg/binance) | [PAXG/USDT:USDT](https://www.binance.com/en/futures/PAXGUSDT) | 0.0015% | 4h | 3.18% | 2026-10-04 04:00 UTC |
| [Toobit](https://arbtide.com/funding-rates/paxg/toobit) | [PAXG/USDT:USDT](https://www.toobit.com/en-US/futures/PAXG-SWAP-USDT) | 0.0015% | 4h | 3.18% | 2026-10-04 04:00 UTC |
| [MEXC](https://arbtide.com/funding-rates/paxg/mexc) | [PAXG/USDT:USDT](https://www.mexc.com/futures/PAXG_USDT) | 0.0014% | 4h | 3.07% | 2026-10-04 04:00 UTC |
| [Gate](https://arbtide.com/funding-rates/paxg/gate) | [PAXG/USDT:USDT](https://www.gate.com/futures/USDT/PAXG_USDT) | 0.0000% | 8h | 0.00% | 2026-10-04 08:00 UTC |
| [HTX](https://arbtide.com/funding-rates/paxg/htx) | [PAXG/USDT:USDT](https://www.htx.com/futures/linear_swap/exchange#contract_code=PAXG-USDT&contract_type=swap&type=cross) | 0.0000% | 4h | 0.00% | 2026-10-04 04:00 UTC |
| [dYdX](https://arbtide.com/funding-rates/paxg/dydx) | [PAXG/USDC:USDC](https://dydx.trade/trade/PAXG-USD) | 0.0000% | 1h | 0.00% | 2026-10-04 03:00 UTC |
| [Pacifica](https://arbtide.com/funding-rates/paxg/pacifica) | [PAXG/USDC:USDC](https://app.pacifica.fi/trade/PAXG) | -0.0005% | 1h | -4.61% | 2026-10-04 03:00 UTC |
| [Crypto.com](https://arbtide.com/funding-rates/paxg/cryptocom) | [PAXG/USD:USD](https://crypto.com/exchange/trade/PAXGUSD-PERP) | -0.0055% | 1h | -48.34% | 2026-10-04 03:00 UTC |

## Frequently asked questions

### What is the PAXG funding rate on Backpack?

0.0004% per 1h, or 0.0032% per 8 hours (3.47% APR), so longs pay shorts. The 7-day average is -0.0016% per 8 hours (-1.75% APR).

### How often does Backpack pay PAXG funding?

Every hour. The next payment is at 2026-10-04 03:00 UTC.

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

Backpack is the 15th highest of 24 exchanges shown. The highest is Bybit at 0.0050% per 4h (10.95% APR) and the lowest is Crypto.com at -0.0055% per 1h (-48.34% APR).

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

Long PAXG on Crypto.com and short on Backpack for a gross spread of 0.0473% per 8 hours (51.81% APR). Trading fees, slippage and the price basis between the two venues reduce the net return.