ArbTide

SOL Funding Rate on Backpack

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As of 2026-10-03 11:37 UTC, the SOL perpetual on Backpack pays 0.000009% per 1h, 0.0001% per 8 hours (0.07% APR), so longs pay shorts. That is the 25th highest of 29 exchanges shown, against a volume-weighted average of 0.0036% per 8 hours (3.89% APR). Over the last 7 days Backpack averaged 0.0013% per 8 hours (1.41% APR). The next funding is at 2026-10-03 12:00 UTC.

Rate per 1h
0.000009%
Same rate per 8h
0.0001%
7-day average per 8h
0.0013%
Next funding
2026-10-03 12:00 UTC
Rank
25 of 29

SOL funding on Backpack, per 8h

SOL funding on Backpack, per 8 hours, hourly, last 7 days-0.0200%-0.0100%0.0000%0.0100%13:0018:3000:0005:3011:00HW 0.0100%LW -0.0116%0.0038%

Compare Backpack with other exchanges over 7 or 30 days

SOL funding arbitrage with Backpack

LongBackpack0.000009%/1hShortKraken0.0025%/1hFunding gap 0.0198% per 8h before fees

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

SOL funding on every exchange

Showing 29 of 29

All SOL funding rates Backpack funding rates

Frequently asked questions

What is the SOL funding rate on Backpack?
0.000009% per 1h, or 0.0001% per 8 hours (0.07% APR), so longs pay shorts. The 7-day average is 0.0013% per 8 hours (1.41% APR).
How often does Backpack pay SOL funding?
Every hour. The next payment is at 2026-10-03 12:00 UTC.
Is SOL funding on Backpack higher than on other exchanges?
Backpack is the 25th highest of 29 exchanges shown. The highest is Kraken at 0.0025% per 1h (21.71% APR) and the lowest is dYdX at -0.0002% per 1h (-2.07% APR).
How do you arbitrage SOL funding with Backpack?
Long SOL on Backpack and short on Kraken for a gross spread of 0.0198% per 8 hours (21.63% APR). Trading fees, slippage and the price basis between the two venues reduce the net return.