# VIRTUAL Funding Rate on Backpack

As of 2026-10-03 19:27 UTC, the VIRTUAL perpetual on Backpack pays 0.0013% per 1h, 0.0100% per 8 hours (10.95% APR), so longs pay shorts. That is the 17th highest of 23 exchanges shown, against a volume-weighted average of 0.0110% per 8 hours (12.08% APR). Over the last 7 days Backpack averaged 0.0099% per 8 hours (10.87% APR). The next funding is at 2026-10-03 20:00 UTC.

## Funding on every exchange

| Exchange | Market | Funding rate | Interval | APR | Next funding |
| --- | --- | --- | --- | --- | --- |
| [Crypto.com](https://arbtide.com/funding-rates/virtual/cryptocom) | [VIRTUAL/USD:USD](https://crypto.com/exchange/trade/VIRTUALUSD-PERP) | 0.0082% | 1h | 72.01% | 2026-10-03 20:00 UTC |
| [XT.COM](https://arbtide.com/funding-rates/virtual/xt) | [VIRTUAL/USDT:USDT](https://www.xt.com/en/futures/trade/virtual_usdt) | 0.0100% | 4h | 21.79% | 2026-10-03 20:00 UTC |
| [Kraken](https://arbtide.com/funding-rates/virtual/kraken) | [VIRTUAL/USD:USD](https://pro.kraken.com/app/trade/futures-virtual-usd-perp) | 0.0016% | 1h | 13.73% | — |
| [Extended](https://arbtide.com/funding-rates/virtual/extended) | [VIRTUAL/USDC:USDC](https://app.extended.exchange/perp/VIRTUAL-USD) | 0.0013% | 1h | 11.39% | 2026-10-03 20:00 UTC |
| [Binance](https://arbtide.com/funding-rates/virtual/binance) | [VIRTUAL/USDT:USDT](https://www.binance.com/en/futures/VIRTUALUSDT) | 0.0050% | 4h | 10.95% | 2026-10-03 20:00 UTC |
| [Bybit](https://arbtide.com/funding-rates/virtual/bybit) | [VIRTUAL/USDT:USDT](https://www.bybit.com/trade/usdt/VIRTUALUSDT) | 0.0050% | 4h | 10.95% | 2026-10-03 20:00 UTC |
| [OKX](https://arbtide.com/funding-rates/virtual/okx) | [VIRTUAL/USDT:USDT](https://www.okx.com/trade-swap/virtual-usdt-swap) | 0.0050% | 4h | 10.95% | 2026-10-03 20:00 UTC |
| [Bitget](https://arbtide.com/funding-rates/virtual/bitget) | [VIRTUAL/USDT:USDT](https://www.bitget.com/futures/usdt/VIRTUALUSDT) | 0.0050% | 4h | 10.95% | — |
| [Gate](https://arbtide.com/funding-rates/virtual/gate) | [VIRTUAL/USDT:USDT](https://www.gate.com/futures/USDT/VIRTUAL_USDT) | 0.0050% | 4h | 10.95% | 2026-10-03 20:00 UTC |
| [KuCoin](https://arbtide.com/funding-rates/virtual/kucoin) | [VIRTUAL/USDT:USDT](https://www.kucoin.com/trade/futures/VIRTUALUSDTM) | 0.0050% | 4h | 10.95% | 2026-10-03 20:00 UTC |
| [MEXC](https://arbtide.com/funding-rates/virtual/mexc) | [VIRTUAL/USDT:USDT](https://www.mexc.com/futures/VIRTUAL_USDT) | 0.0050% | 4h | 10.95% | 2026-10-03 20:00 UTC |
| [BingX](https://arbtide.com/funding-rates/virtual/bingx) | [VIRTUAL/USDT:USDT](https://bingx.com/en/perpetual/VIRTUAL-USDT) | 0.0050% | 4h | 10.95% | — |
| [WhiteBIT](https://arbtide.com/funding-rates/virtual/whitebit) | [VIRTUAL/USDT:USDT](https://whitebit.com/trade/VIRTUAL-PERP?type=futures) | 0.0050% | 4h | 10.95% | 2026-10-03 20:00 UTC |
| [LBank](https://arbtide.com/funding-rates/virtual/lbank) | [VIRTUAL/USDT:USDT](https://www.lbank.com/futures/virtualusdt) | 0.0050% | 4h | 10.95% | 2026-10-03 20:00 UTC |
| [WEEX](https://arbtide.com/funding-rates/virtual/weex) | [VIRTUAL/USDT:USDT](https://www.weex.com/futures/VIRTUAL-USDT) | 0.0050% | 4h | 10.95% | 2026-10-03 19:27 UTC |
| [Toobit](https://arbtide.com/funding-rates/virtual/toobit) | [VIRTUAL/USDT:USDT](https://www.toobit.com/en-US/futures/VIRTUAL-SWAP-USDT) | 0.0050% | 4h | 10.95% | 2026-10-03 20:00 UTC |
| [Backpack](https://arbtide.com/funding-rates/virtual/backpack) | [VIRTUAL/USDC:USDC](https://backpack.exchange/trade/VIRTUAL_USDC_PERP) | 0.0013% | 1h | 10.95% | 2026-10-03 20:00 UTC |
| [Hyperliquid](https://arbtide.com/funding-rates/virtual/hyperliquid) | [VIRTUAL/USDC:USDC](https://app.hyperliquid.xyz/trade/VIRTUAL) | 0.0013% | 1h | 10.95% | 2026-10-03 20:00 UTC |
| [Aster](https://arbtide.com/funding-rates/virtual/aster) | [VIRTUAL/USDT:USDT](https://www.asterdex.com/en/trade/pro/futures/VIRTUALUSDT) | 0.0050% | 4h | 10.95% | — |
| [Pacifica](https://arbtide.com/funding-rates/virtual/pacifica) | [VIRTUAL/USDC:USDC](https://app.pacifica.fi/trade/VIRTUAL) | 0.0013% | 1h | 10.95% | 2026-10-03 20:00 UTC |
| [Lighter](https://arbtide.com/funding-rates/virtual/lighter) | [VIRTUAL/USDC:USDC](https://app.lighter.xyz/trade/VIRTUAL) | 0.0072% | 8h | 7.88% | — |
| [Deepcoin](https://arbtide.com/funding-rates/virtual/deepcoin) | [VIRTUAL/USDT:USDT](https://www.deepcoin.com/en/swap/VIRTUAL-USDT) | 0.0050% | 8h | 5.47% | — |
| [WOOFi Pro](https://arbtide.com/funding-rates/virtual/woofipro) | [VIRTUAL/USDC:USDC](https://pro.woofi.com/en/trade/VIRTUAL_PERP) | 0.0015% | 4h | 3.23% | 2026-10-03 20:00 UTC |

## Frequently asked questions

### What is the VIRTUAL 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 0.0099% per 8 hours (10.87% APR).

### How often does Backpack pay VIRTUAL funding?

Every hour. The next payment is at 2026-10-03 20:00 UTC.

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

Backpack is the 17th highest of 23 exchanges shown. The highest is XT.COM at 0.0100% per 4h (21.79% APR) and the lowest is Deepcoin at 0.0050% per 8h (5.47% APR).

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

Long VIRTUAL on Backpack and short on XT.COM for a gross spread of 0.0099% per 8 hours (10.84% APR). Trading fees, slippage and the price basis between the two venues reduce the net return.