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SHIB Funding Rate on Backpack

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As of 2026-10-03 08:31 UTC, the SHIB perpetual on Backpack pays 0.0013% per 1h, 0.0100% per 8 hours (10.95% APR), so longs pay shorts. That is the 13th highest of 24 exchanges shown, against a volume-weighted average of 0.0091% per 8 hours (9.97% APR). Over the last 7 days Backpack averaged 0.0094% per 8 hours (10.26% APR). The next funding is at 2026-10-03 09:00 UTC.

Rate per 1h
0.0013%
Same rate per 8h
0.0100%
7-day average per 8h
0.0094%
Next funding
2026-10-03 09:00 UTC
Rank
13 of 24

SHIB funding on Backpack, per 8h

SHIB funding on Backpack, per 8 hours, hourly, last 7 days0.0000%0.0050%0.0100%0.0150%13:0017:4522:3003:1508:00HW 0.0103%LW 0.0008%0.0100%

Compare Backpack with other exchanges over 7 or 30 days

SHIB funding arbitrage with Backpack

LongXT.COM-0.0227%/8hShortBackpack0.0013%/1hFunding gap 0.0327% per 8h before fees

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

SHIB funding on every exchange

Showing 24 of 24

All SHIB funding rates Backpack funding rates

Frequently asked questions

What is the SHIB 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 0.0094% per 8 hours (10.26% APR).
How often does Backpack pay SHIB funding?
Every hour. The next payment is at 2026-10-03 09:00 UTC.
Is SHIB funding on Backpack higher than on other exchanges?
Backpack is the 13th highest of 24 exchanges shown. The highest is Binance at 0.0100% per 8h (10.95% APR) and the lowest is XT.COM at -0.0227% per 8h (-24.86% APR).
How do you arbitrage SHIB funding with Backpack?
Long SHIB on XT.COM and short on Backpack for a gross spread of 0.0327% per 8 hours (35.81% APR). Trading fees, slippage and the price basis between the two venues reduce the net return.