# SHIB Funding Rate on Backpack

As of 2026-10-03 23:02 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 14th highest of 23 exchanges shown, against a volume-weighted average of 0.0098% per 8 hours (10.70% APR). Over the last 7 days Backpack averaged 0.0096% per 8 hours (10.53% APR). The next funding is at 2026-10-04 00:00 UTC.

## Funding on every exchange

| Exchange | Market | Funding rate | Interval | APR | Next funding |
| --- | --- | --- | --- | --- | --- |
| [Crypto.com](https://arbtide.com/funding-rates/shib/cryptocom) | [SHIB/USD:USD](https://crypto.com/exchange/trade/SHIBUSD-PERP) | 0.0050% | 1h | 44.09% | 2026-10-03 23:00 UTC |
| [Extended](https://arbtide.com/funding-rates/shib/extended) | [1000SHIB/USDC:USDC](https://app.extended.exchange/perp/1000SHIB-USD) | 0.0013% | 1h | 11.39% | 2026-10-04 00:00 UTC |
| [Binance](https://arbtide.com/funding-rates/shib/binance) | [1000SHIB/USDT:USDT](https://www.binance.com/en/futures/1000SHIBUSDT) | 0.0100% | 8h | 10.95% | 2026-10-04 00:00 UTC |
| [OKX](https://arbtide.com/funding-rates/shib/okx) | [SHIB/USDT:USDT](https://www.okx.com/trade-swap/shib-usdt-swap) | 0.0100% | 8h | 10.95% | 2026-10-04 00:00 UTC |
| [Bitget](https://arbtide.com/funding-rates/shib/bitget) | [SHIB/USDT:USDT](https://www.bitget.com/futures/usdt/SHIBUSDT) | 0.0100% | 8h | 10.95% | — |
| [Gate](https://arbtide.com/funding-rates/shib/gate) | [SHIB/USDT:USDT](https://www.gate.com/futures/USDT/SHIB_USDT) | 0.0100% | 8h | 10.95% | 2026-10-04 00:00 UTC |
| [KuCoin](https://arbtide.com/funding-rates/shib/kucoin) | [SHIB/USDT:USDT](https://www.kucoin.com/trade/futures/SHIBUSDTM) | 0.0100% | 8h | 10.95% | 2026-10-04 00:00 UTC |
| [MEXC](https://arbtide.com/funding-rates/shib/mexc) | [SHIB/USDT:USDT](https://www.mexc.com/futures/SHIB_USDT) | 0.0100% | 8h | 10.95% | 2026-10-04 00:00 UTC |
| [HTX](https://arbtide.com/funding-rates/shib/htx) | [SHIB/USDT:USDT](https://www.htx.com/futures/linear_swap/exchange#contract_code=SHIB-USDT&contract_type=swap&type=cross) | 0.0100% | 8h | 10.95% | 2026-10-04 00:00 UTC |
| [WhiteBIT](https://arbtide.com/funding-rates/shib/whitebit) | [SHIB/USDT:USDT](https://whitebit.com/trade/SHIB-PERP?type=futures) | 0.0100% | 8h | 10.95% | 2026-10-04 00:00 UTC |
| [LBank](https://arbtide.com/funding-rates/shib/lbank) | [SHIB/USDT:USDT](https://www.lbank.com/futures/shibusdt) | 0.0100% | 8h | 10.95% | 2026-10-04 00:00 UTC |
| [WEEX](https://arbtide.com/funding-rates/shib/weex) | [1000SHIB/USDT:USDT](https://www.weex.com/futures/SHIB-USDT) | 0.0100% | 8h | 10.95% | 2026-10-03 23:02 UTC |
| [Toobit](https://arbtide.com/funding-rates/shib/toobit) | [1000SHIB/USDT:USDT](https://www.toobit.com/en-US/futures/1000SHIB-SWAP-USDT) | 0.0100% | 8h | 10.95% | 2026-10-04 00:00 UTC |
| [Backpack](https://arbtide.com/funding-rates/shib/backpack) | [KSHIB/USDC:USDC](https://backpack.exchange/trade/kSHIB_USDC_PERP) | 0.0013% | 1h | 10.95% | 2026-10-04 00:00 UTC |
| [HitBTC](https://arbtide.com/funding-rates/shib/hitbtc) | SHIB/USDT:USDT | 0.0100% | 8h | 10.95% | 2026-10-04 00:00 UTC |
| [Aster](https://arbtide.com/funding-rates/shib/aster) | [1000SHIB/USDT:USDT](https://www.asterdex.com/en/trade/pro/futures/SHIBUSDT) | 0.0100% | 8h | 10.95% | — |
| [Pacifica](https://arbtide.com/funding-rates/shib/pacifica) | [KSHIB/USDC:USDC](https://app.pacifica.fi/trade/kSHIB) | 0.0013% | 1h | 10.95% | 2026-10-04 00:00 UTC |
| [Paradex](https://arbtide.com/funding-rates/shib/paradex) | [KSHIB/USD:USDC](https://app.paradex.trade/trade/kSHIB-USD-PERP) | 0.0100% | 8h | 10.95% | — |
| [Lighter](https://arbtide.com/funding-rates/shib/lighter) | [1000SHIB/USDC:USDC](https://app.lighter.xyz/trade/SHIB) | 0.0096% | 8h | 10.51% | — |
| [BingX](https://arbtide.com/funding-rates/shib/bingx) | [1000SHIB/USDT:USDT](https://bingx.com/en/perpetual/SHIB-USDT) | 0.0070% | 8h | 7.66% | — |
| [Bitfinex](https://arbtide.com/funding-rates/shib/bitfinex) | [SHIB/USDT:USDT](https://trading.bitfinex.com/t/SHIBF0:USTF0) | 0.0000% | 8h | 0.00% | — |
| [Kraken](https://arbtide.com/funding-rates/shib/kraken) | [SHIB/USD:USD](https://pro.kraken.com/app/trade/futures-shib-usd-perp) | 0.000000% | 1h | 0.00% | — |
| [XT.COM](https://arbtide.com/funding-rates/shib/xt) | [1000SHIB/USDT:USDT](https://www.xt.com/en/futures/trade/1000shib_usdt) | -0.0425% | 8h | -46.54% | 2026-10-04 00:00 UTC |

## 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 0.0096% per 8 hours (10.53% APR).

### How often does Backpack pay SHIB funding?

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

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

Backpack is the 14th highest of 23 exchanges shown. The highest is Binance at 0.0100% per 8h (10.95% APR) and the lowest is XT.COM at -0.0425% per 8h (-46.54% APR).

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

Long SHIB on XT.COM and short on Backpack for a gross spread of 0.0525% per 8 hours (57.49% APR). Trading fees, slippage and the price basis between the two venues reduce the net return.