W Funding Rate on Backpack
LiveAs of · refreshes every 30 s
As of 2026-10-03 08:02 UTC, the W 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 20 exchanges shown, against a volume-weighted average of 0.0064% per 8 hours (6.95% APR). Over the last 7 days Backpack averaged -0.0129% per 8 hours (-14.11% 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
- -0.0129%
- Next funding
- 2026-10-03 09:00 UTC
- Rank
- 14 of 20
W funding on Backpack, per 8h
W funding arbitrage with Backpack
The widest pairing for Backpack is long W on Gate and short on Backpack. Fees, slippage and the price basis between venues reduce the net return. Learn what a funding rate is.
W funding on every exchange
- 11.39%APR
- Market
- W/USDC:USDC
- Funding rate
- 0.0013%
- Interval
- 1h
- Next funding
- 2026-10-03 09:00 UTC
- Data
- Live
- 10.95%APR
- Market
- W/USDT:USDT
- Funding rate
- 0.0050%
- Interval
- 4h
- Next funding
- 2026-10-03 12:00 UTC
- Data
- Live
- 10.95%APR
- Market
- W/USDT:USDT
- Funding rate
- 0.0050%
- Interval
- 4h
- Next funding
- 2026-10-03 12:00 UTC
- Data
- Live
- 10.95%APR
- Market
- W/USDT:USDT
- Funding rate
- 0.0050%
- Interval
- 4h
- Data
- Live
- 10.95%APR
- Market
- W/USDT:USDT
- Funding rate
- 0.0050%
- Interval
- 4h
- Next funding
- 2026-10-03 12:00 UTC
- Data
- Live
- 10.95%APR
- Market
- W/USDT:USDT
- Funding rate
- 0.0050%
- Interval
- 4h
- Next funding
- 2026-10-03 12:00 UTC
- Data
- Live
- 10.95%APR
- Market
- W/USDT:USDT
- Funding rate
- 0.0050%
- Interval
- 4h
- Data
- Live
- 10.95%APR
- Market
- W/USDT:USDT
- Funding rate
- 0.0050%
- Interval
- 4h
- Next funding
- 2026-10-03 12:00 UTC
- Data
- Live
- 10.95%APR
- Market
- W/USDT:USDT
- Funding rate
- 0.0050%
- Interval
- 4h
- Data
- Live
- 10.95%APR
- Market
- W/USDT:USDT
- Funding rate
- 0.0050%
- Interval
- 4h
- Next funding
- 2026-10-03 12:00 UTC
- Data
- Live
- 10.95%APR
- Market
- W/USDT:USDT
- Funding rate
- 0.0050%
- Interval
- 4h
- Next funding
- 2026-10-03 08:00 UTC
- Data
- Delayed 4 min
- 10.95%APR
- Market
- W/USDT:USDT
- Funding rate
- 0.0050%
- Interval
- 4h
- Next funding
- 2026-10-03 08:02 UTC
- Data
- Live
- 10.95%APR
- Market
- W/USDT:USDT
- Funding rate
- 0.0050%
- Interval
- 4h
- Next funding
- 2026-10-03 12:00 UTC
- Data
- Live
- 10.95%APR
- Market
- W/USDC:USDC
- Funding rate
- 0.0013%
- Interval
- 1h
- Next funding
- 2026-10-03 09:00 UTC
- Data
- Live
- 10.95%APR
- Market
- W/USDC:USDC
- Funding rate
- 0.0013%
- Interval
- 1h
- Next funding
- 2026-10-03 09:00 UTC
- Data
- Live
- 5.04%APR
- Market
- W/USDT:USDT
- Funding rate
- 0.0046%
- Interval
- 8h
- Data
- Live
- -8.02%APR
- Market
- W/USDT:USDT
- Funding rate
- -0.0037%
- Interval
- 4h
- Next funding
- 2026-10-03 12:00 UTC
- Data
- Live
- -11.47%APR
- Market
- W/USD:USD
- Funding rate
- -0.0013%
- Interval
- 1h
- Next funding
- 2026-10-03 08:00 UTC
- Data
- Live
- -249.88%APR
- Market
- W/USDT:USDT
- Funding rate
- -0.1141%
- Interval
- 4h
- Next funding
- 2026-10-03 12:00 UTC
- Data
- Live
| Extended | W/USDC:USDC | 0.0013% | 1h | 11.39% | 2026-10-03 09:00 UTC | Live |
| Binance | W/USDT:USDT | 0.0050% | 4h | 10.95% | 2026-10-03 12:00 UTC | Live |
| Bybit | W/USDT:USDT | 0.0050% | 4h | 10.95% | 2026-10-03 12:00 UTC | Live |
| Bitget | W/USDT:USDT | 0.0050% | 4h | 10.95% | — | Live |
| KuCoin | W/USDT:USDT | 0.0050% | 4h | 10.95% | 2026-10-03 12:00 UTC | Live |
| MEXC | W/USDT:USDT | 0.0050% | 4h | 10.95% | 2026-10-03 12:00 UTC | Live |
| BingX | W/USDT:USDT | 0.0050% | 4h | 10.95% | — | Live |
| WhiteBIT | W/USDT:USDT | 0.0050% | 4h | 10.95% | 2026-10-03 12:00 UTC | Live |
| BTSE | W/USDT:USDT | 0.0050% | 4h | 10.95% | — | Live |
| XT.COM | W/USDT:USDT | 0.0050% | 4h | 10.95% | 2026-10-03 12:00 UTC | Live |
| LBank | W/USDT:USDT | 0.0050% | 4h | 10.95% | 2026-10-03 08:00 UTC | Delayed 4 min |
| WEEX | W/USDT:USDT | 0.0050% | 4h | 10.95% | 2026-10-03 08:02 UTC | Live |
| Toobit | W/USDT:USDT | 0.0050% | 4h | 10.95% | 2026-10-03 12:00 UTC | Live |
| Backpack | W/USDC:USDC | 0.0013% | 1h | 10.95% | 2026-10-03 09:00 UTC | Live |
| Hyperliquid | W/USDC:USDC | 0.0013% | 1h | 10.95% | 2026-10-03 09:00 UTC | Live |
| Deepcoin | W/USDT:USDT | 0.0046% | 8h | 5.04% | — | Live |
| Kraken | W/USD:USD | 0.0005% | 1h | 4.00% | — | Live |
| OKX | W/USDT:USDT | -0.0037% | 4h | -8.02% | 2026-10-03 12:00 UTC | Live |
| Crypto.com | W/USD:USD | -0.0013% | 1h | -11.47% | 2026-10-03 08:00 UTC | Live |
| Gate | W/USDT:USDT | -0.1141% | 4h | -249.88% | 2026-10-03 12:00 UTC | Live |
Showing 20 of 20
All W funding rates Backpack funding rates
Frequently asked questions
- What is the W 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 -0.0129% per 8 hours (-14.11% APR).
- How often does Backpack pay W funding?
- Every hour. The next payment is at 2026-10-03 09:00 UTC.
- Is W funding on Backpack higher than on other exchanges?
- Backpack is the 14th highest of 20 exchanges shown. The highest is Extended at 0.0013% per 1h (11.39% APR) and the lowest is Gate at -0.1141% per 4h (-249.88% APR).
- How do you arbitrage W funding with Backpack?
- Long W on Gate and short on Backpack for a gross spread of 0.2382% per 8 hours (260.83% APR). Trading fees, slippage and the price basis between the two venues reduce the net return.