S Funding Rate on Backpack
LiveAs of · refreshes every 30 s
As of 2026-10-03 22:38 UTC, the S perpetual on Backpack pays 0.0013% per 1h, 0.0100% per 8 hours (10.95% APR), so longs pay shorts. That is the 14th highest of 23 exchanges shown, against a volume-weighted average of 0.0044% per 8 hours (4.77% APR). Over the last 7 days Backpack averaged -0.0101% per 8 hours (-11.07% APR). The next funding is at 2026-10-03 23:00 UTC.
- Rate per 1h
- 0.0013%
- Same rate per 8h
- 0.0100%
- 7-day average per 8h
- -0.0101%
- Next funding
- 2026-10-03 23:00 UTC
- Rank
- 14 of 23
S funding on Backpack, per 8h
S funding arbitrage with Backpack
The widest pairing for Backpack is long S on KuCoin and short on Backpack. Fees, slippage and the price basis between venues reduce the net return. Learn what a funding rate is.
S funding on every exchange
- 41.95%APR
- Market
- S/USD:USD
- Funding rate
- 0.0048%
- Interval
- 1h
- Next funding
- 2026-10-03 23:00 UTC
- Data
- Live
- 11.39%APR
- Market
- S/USDC:USDC
- Funding rate
- 0.0013%
- Interval
- 1h
- Next funding
- 2026-10-03 23:00 UTC
- Data
- Live
- 10.95%APR
- Market
- S/USDT:USDT
- Funding rate
- 0.0050%
- Interval
- 4h
- Next funding
- 2026-10-04 00:00 UTC
- Data
- Live
- 10.95%APR
- Market
- S/USDT:USDT
- Funding rate
- 0.0050%
- Interval
- 4h
- Next funding
- 2026-10-04 00:00 UTC
- Data
- Live
- 10.95%APR
- Market
- S/USDT:USDT
- Funding rate
- 0.0050%
- Interval
- 4h
- Next funding
- 2026-10-04 00:00 UTC
- Data
- Live
- 10.95%APR
- Market
- S/USDT:USDT
- Funding rate
- 0.0050%
- Interval
- 4h
- Next funding
- 2026-10-04 00:00 UTC
- Data
- Live
- 10.95%APR
- Market
- S/USDT:USDT
- Funding rate
- 0.0050%
- Interval
- 4h
- Next funding
- 2026-10-04 00:00 UTC
- Data
- Live
- 10.95%APR
- Market
- S/USDT:USDT
- Funding rate
- 0.0050%
- Interval
- 4h
- Next funding
- 2026-10-04 00:00 UTC
- Data
- Live
- 10.95%APR
- Market
- S/USDT:USDT
- Funding rate
- 0.0050%
- Interval
- 4h
- Data
- Live
- 10.95%APR
- Market
- S/USDT:USDT
- Funding rate
- 0.0050%
- Interval
- 4h
- Next funding
- 2026-10-04 00:00 UTC
- Data
- Live
- 10.95%APR
- Market
- S/USDT:USDT
- Funding rate
- 0.0050%
- Interval
- 4h
- Data
- Live
- 10.95%APR
- Market
- S/USDT:USDT
- Funding rate
- 0.0050%
- Interval
- 4h
- Next funding
- 2026-10-04 00:00 UTC
- Data
- Live
- 10.95%APR
- Market
- S/USDT:USDT
- Funding rate
- 0.0050%
- Interval
- 4h
- Next funding
- 2026-10-04 00:00 UTC
- Data
- Live
- 10.95%APR
- Market
- S/USDC:USDC
- Funding rate
- 0.0013%
- Interval
- 1h
- Next funding
- 2026-10-03 23:00 UTC
- Data
- Live
- 10.51%APR
- Market
- S/USDC:USDC
- Funding rate
- 0.0096%
- Interval
- 8h
- Data
- Live
- 5.47%APR
- Market
- S/USDT:USDT
- Funding rate
- 0.0050%
- Interval
- 8h
- Data
- Live
- 1.71%APR
- Market
- S/USDC:USDC
- Funding rate
- 0.0002%
- Interval
- 1h
- Next funding
- 2026-10-03 23:00 UTC
- Data
- Live
- 0.00%APR
- Market
- S/USDT:USDT
- Funding rate
- 0.0000%
- Interval
- 8h
- Data
- Live
- -6.06%APR
- Market
- S/USDT:USDT
- Funding rate
- -0.0028%
- Interval
- 4h
- Next funding
- 2026-10-03 22:38 UTC
- Data
- Live
- -13.14%APR
- Market
- S/USDT:USDT
- Funding rate
- -0.0060%
- Interval
- 4h
- Data
- Live
- -15.83%APR
- Market
- S/USDC:USDC
- Funding rate
- -0.0072%
- Interval
- 4h
- Next funding
- 2026-10-04 00:00 UTC
- Data
- Live
- -36.92%APR
- Market
- S/USDT:USDT
- Funding rate
- -0.0169%
- Interval
- 4h
- Data
- Live
- -56.50%APR
- Market
- S/USDT:USDT
- Funding rate
- -0.0258%
- Interval
- 4h
- Next funding
- 2026-10-04 00:00 UTC
- Data
- Live
| Crypto.com | S/USD:USD | 0.0048% | 1h | 41.95% | 2026-10-03 23:00 UTC | Live |
| Extended | S/USDC:USDC | 0.0013% | 1h | 11.39% | 2026-10-03 23:00 UTC | Live |
| XT.COM | S/USDT:USDT | 0.0050% | 4h | 10.95% | 2026-10-04 00:00 UTC | Live |
| Binance | S/USDT:USDT | 0.0050% | 4h | 10.95% | 2026-10-04 00:00 UTC | Live |
| Bybit | S/USDT:USDT | 0.0050% | 4h | 10.95% | 2026-10-04 00:00 UTC | Live |
| OKX | S/USDT:USDT | 0.0050% | 4h | 10.95% | 2026-10-04 00:00 UTC | Live |
| Gate | S/USDT:USDT | 0.0050% | 4h | 10.95% | 2026-10-04 00:00 UTC | Live |
| MEXC | S/USDT:USDT | 0.0050% | 4h | 10.95% | 2026-10-04 00:00 UTC | Live |
| BingX | S/USDT:USDT | 0.0050% | 4h | 10.95% | — | Live |
| WhiteBIT | S/USDT:USDT | 0.0050% | 4h | 10.95% | 2026-10-04 00:00 UTC | Live |
| BTSE | S/USDT:USDT | 0.0050% | 4h | 10.95% | — | Live |
| LBank | S/USDT:USDT | 0.0050% | 4h | 10.95% | 2026-10-04 00:00 UTC | Live |
| Toobit | S/USDT:USDT | 0.0050% | 4h | 10.95% | 2026-10-04 00:00 UTC | Live |
| Backpack | S/USDC:USDC | 0.0013% | 1h | 10.95% | 2026-10-03 23:00 UTC | Live |
| Lighter | S/USDC:USDC | 0.0096% | 8h | 10.51% | — | Live |
| Deepcoin | S/USDT:USDT | 0.0050% | 8h | 5.47% | — | Live |
| Hyperliquid | S/USDC:USDC | 0.0002% | 1h | 1.71% | 2026-10-03 23:00 UTC | Live |
| HitBTC | S/USDT:USDT | 0.0000% | 8h | 0.00% | — | Live |
| WEEX | S/USDT:USDT | -0.0028% | 4h | -6.06% | 2026-10-03 22:38 UTC | Live |
| Bitget | S/USDT:USDT | -0.0060% | 4h | -13.14% | — | Live |
| WOOFi Pro | S/USDC:USDC | -0.0072% | 4h | -15.83% | 2026-10-04 00:00 UTC | Live |
| Aster | S/USDT:USDT | -0.0169% | 4h | -36.92% | — | Live |
| KuCoin | S/USDT:USDT | -0.0258% | 4h | -56.50% | 2026-10-04 00:00 UTC | Live |
Showing 23 of 23
All S funding rates Backpack funding rates
Frequently asked questions
- What is the S 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 -0.0101% per 8 hours (-11.07% APR).
- How often does Backpack pay S funding?
- Every hour. The next payment is at 2026-10-03 23:00 UTC.
- Is S funding on Backpack higher than on other exchanges?
- Backpack is the 14th highest of 23 exchanges shown. The highest is XT.COM at 0.0050% per 4h (10.95% APR) and the lowest is KuCoin at -0.0258% per 4h (-56.50% APR).
- How do you arbitrage S funding with Backpack?
- Long S on KuCoin and short on Backpack for a gross spread of 0.0616% per 8 hours (67.45% APR). Trading fees, slippage and the price basis between the two venues reduce the net return.