# SKR Funding Rate on Backpack

As of 2026-10-04 04:06 UTC, the SKR perpetual on Backpack pays 0.0094% per 1h, 0.0755% per 8 hours (82.66% APR), so longs pay shorts. That is the 1st highest of 16 exchanges shown, against a volume-weighted average of 0.0150% per 8 hours (16.39% APR). Over the last 7 days Backpack averaged 0.0351% per 8 hours (38.42% APR). The next funding is at 2026-10-04 05:00 UTC.

## Funding on every exchange

| Exchange | Market | Funding rate | Interval | APR | Next funding |
| --- | --- | --- | --- | --- | --- |
| [Backpack](https://arbtide.com/funding-rates/skr/backpack) | [SKR/USDC:USDC](https://backpack.exchange/trade/SKR_USDC_PERP) | 0.0094% | 1h | 82.66% | 2026-10-04 05:00 UTC |
| [BingX](https://arbtide.com/funding-rates/skr/bingx) | [SKR/USDT:USDT](https://bingx.com/en/perpetual/SKR-USDT) | 0.0117% | 4h | 25.62% | — |
| [Bitget](https://arbtide.com/funding-rates/skr/bitget) | [SKR/USDT:USDT](https://www.bitget.com/futures/usdt/SKRUSDT) | 0.0108% | 4h | 23.65% | — |
| [XT.COM](https://arbtide.com/funding-rates/skr/xt) | [SKR/USDT:USDT](https://www.xt.com/en/futures/trade/skr_usdt) | 0.0050% | 4h | 11.00% | 2026-10-04 08:00 UTC |
| [Binance](https://arbtide.com/funding-rates/skr/binance) | [SKR/USDT:USDT](https://www.binance.com/en/futures/SKRUSDT) | 0.0050% | 4h | 10.95% | 2026-10-04 08:00 UTC |
| [Bybit](https://arbtide.com/funding-rates/skr/bybit) | [SKR/USDT:USDT](https://www.bybit.com/trade/usdt/SKRUSDT) | 0.0050% | 4h | 10.95% | 2026-10-04 08:00 UTC |
| [Gate](https://arbtide.com/funding-rates/skr/gate) | [SKR/USDT:USDT](https://www.gate.com/futures/USDT/SKR_USDT) | 0.0050% | 4h | 10.95% | 2026-10-04 08:00 UTC |
| [KuCoin](https://arbtide.com/funding-rates/skr/kucoin) | [SKR/USDT:USDT](https://www.kucoin.com/trade/futures/SKRUSDTM) | 0.0050% | 4h | 10.95% | 2026-10-04 08:00 UTC |
| [MEXC](https://arbtide.com/funding-rates/skr/mexc) | [SKR/USDT:USDT](https://www.mexc.com/futures/SKR_USDT) | 0.0050% | 4h | 10.95% | 2026-10-04 08:00 UTC |
| [HTX](https://arbtide.com/funding-rates/skr/htx) | [SKR/USDT:USDT](https://www.htx.com/futures/linear_swap/exchange#contract_code=SKR-USDT&contract_type=swap&type=cross) | 0.0050% | 4h | 10.95% | 2026-10-04 08:00 UTC |
| [LBank](https://arbtide.com/funding-rates/skr/lbank) | [SKR/USDT:USDT](https://www.lbank.com/futures/skrusdt) | 0.0050% | 4h | 10.95% | 2026-10-04 08:00 UTC |
| [WEEX](https://arbtide.com/funding-rates/skr/weex) | [SKR/USDT:USDT](https://www.weex.com/futures/SKR-USDT) | 0.0050% | 4h | 10.95% | 2026-10-04 04:06 UTC |
| [Toobit](https://arbtide.com/funding-rates/skr/toobit) | [SKR/USDT:USDT](https://www.toobit.com/en-US/futures/SKR-SWAP-USDT) | 0.0050% | 4h | 10.95% | 2026-10-04 08:00 UTC |
| [Hyperliquid](https://arbtide.com/funding-rates/skr/hyperliquid) | [SKR/USDC:USDC](https://app.hyperliquid.xyz/trade/SKR) | 0.0013% | 1h | 10.95% | 2026-10-04 05:00 UTC |
| [Aster](https://arbtide.com/funding-rates/skr/aster) | [SKR/USDT:USDT](https://www.asterdex.com/en/trade/pro/futures/SKRUSDT) | 0.0050% | 4h | 10.95% | — |
| [Lighter](https://arbtide.com/funding-rates/skr/lighter) | [SKR/USDC:USDC](https://app.lighter.xyz/trade/SKR) | 0.0096% | 8h | 10.51% | — |

## Frequently asked questions

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

0.0094% per 1h, or 0.0755% per 8 hours (82.66% APR), so longs pay shorts. The 7-day average is 0.0351% per 8 hours (38.42% APR).

### How often does Backpack pay SKR funding?

Every hour. The next payment is at 2026-10-04 05:00 UTC.

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

Backpack is the 1st highest of 16 exchanges shown. The highest is BingX at 0.0117% per 4h (25.62% APR) and the lowest is Lighter at 0.0096% per 8h (10.51% APR).

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

Long SKR on Lighter and short on Backpack for a gross spread of 0.0659% per 8 hours (72.15% APR). Trading fees, slippage and the price basis between the two venues reduce the net return.