# XRP Funding Rate on Backpack

As of 2026-10-04 15:09 UTC, the XRP perpetual on Backpack pays 0.0013% per 1h, 0.0100% per 8 hours (10.95% APR), so longs pay shorts. That is the 16th highest of 30 exchanges shown, against a volume-weighted average of 0.0107% per 8 hours (11.74% APR). Over the last 7 days Backpack averaged 0.0052% per 8 hours (5.69% APR). The next funding is at 2026-10-04 16:00 UTC.

## Funding on every exchange

| Exchange | Market | Funding rate | Interval | APR | Next funding |
| --- | --- | --- | --- | --- | --- |
| [DigiFinex](https://arbtide.com/funding-rates/xrp/digifinex) | [XRP/USDT:USDT](https://www.digifinex.com/en-ww/swap/XRPUSDTPERP) | 0.0270% | 8h | 29.57% | 2026-10-04 16:00 UTC |
| [Extended](https://arbtide.com/funding-rates/xrp/extended) | [XRP/USDC:USDC](https://app.extended.exchange/perp/XRP-USD) | 0.0013% | 1h | 11.39% | 2026-10-04 16:00 UTC |
| [XT.COM](https://arbtide.com/funding-rates/xrp/xt) | [XRP/USDT:USDT](https://www.xt.com/en/futures/trade/xrp_usdt) | 0.0104% | 8h | 11.34% | 2026-10-04 16:00 UTC |
| [Binance](https://arbtide.com/funding-rates/xrp/binance) | [XRP/USDT:USDT](https://www.binance.com/en/futures/XRPUSDT) | 0.0100% | 8h | 10.95% | 2026-10-04 16:00 UTC |
| [Bybit](https://arbtide.com/funding-rates/xrp/bybit) | [XRP/USDT:USDT](https://www.bybit.com/trade/usdt/XRPUSDT) | 0.0100% | 8h | 10.95% | 2026-10-04 16:00 UTC |
| [OKX](https://arbtide.com/funding-rates/xrp/okx) | [XRP/USDT:USDT](https://www.okx.com/trade-swap/xrp-usdt-swap) | 0.0100% | 8h | 10.95% | 2026-10-04 16:00 UTC |
| [Bitget](https://arbtide.com/funding-rates/xrp/bitget) | [XRP/USDT:USDT](https://www.bitget.com/futures/usdt/XRPUSDT) | 0.0100% | 8h | 10.95% | — |
| [KuCoin](https://arbtide.com/funding-rates/xrp/kucoin) | [XRP/USDT:USDT](https://www.kucoin.com/trade/futures/XRPUSDTM) | 0.0100% | 8h | 10.95% | 2026-10-04 16:00 UTC |
| [MEXC](https://arbtide.com/funding-rates/xrp/mexc) | [XRP/USDT:USDT](https://www.mexc.com/futures/XRP_USDT) | 0.0100% | 8h | 10.95% | 2026-10-04 16:00 UTC |
| [BingX](https://arbtide.com/funding-rates/xrp/bingx) | [XRP/USDT:USDT](https://bingx.com/en/perpetual/XRP-USDT) | 0.0100% | 8h | 10.95% | — |
| [HTX](https://arbtide.com/funding-rates/xrp/htx) | [XRP/USDT:USDT](https://www.htx.com/futures/linear_swap/exchange#contract_code=XRP-USDT&contract_type=swap&type=cross) | 0.0100% | 8h | 10.95% | 2026-10-04 16:00 UTC |
| [WhiteBIT](https://arbtide.com/funding-rates/xrp/whitebit) | [XRP/USDT:USDT](https://whitebit.com/trade/XRP-PERP?type=futures) | 0.0100% | 8h | 10.95% | 2026-10-04 16:00 UTC |
| [BTSE](https://arbtide.com/funding-rates/xrp/btse) | [XRP/USDT:USDT](https://www.btse.com/en/futures/XRP-PERP) | 0.0100% | 8h | 10.95% | — |
| [LBank](https://arbtide.com/funding-rates/xrp/lbank) | [XRP/USDT:USDT](https://www.lbank.com/futures/xrpusdt) | 0.0100% | 8h | 10.95% | 2026-10-04 16:00 UTC |
| [Toobit](https://arbtide.com/funding-rates/xrp/toobit) | [XRP/USDT:USDT](https://www.toobit.com/en-US/futures/XRP-SWAP-USDT) | 0.0100% | 8h | 10.95% | 2026-10-04 16:00 UTC |
| [Backpack](https://arbtide.com/funding-rates/xrp/backpack) | [XRP/USDC:USDC](https://backpack.exchange/trade/XRP_USDC_PERP) | 0.0013% | 1h | 10.95% | 2026-10-04 16:00 UTC |
| [Deepcoin](https://arbtide.com/funding-rates/xrp/deepcoin) | [XRP/USDT:USDT](https://www.deepcoin.com/en/swap/XRP-USDT) | 0.0100% | 8h | 10.95% | — |
| [HitBTC](https://arbtide.com/funding-rates/xrp/hitbtc) | XRP/USDT:USDT | 0.0100% | 8h | 10.95% | 2026-10-04 16:00 UTC |
| [Hyperliquid](https://arbtide.com/funding-rates/xrp/hyperliquid) | [XRP/USDC:USDC](https://app.hyperliquid.xyz/trade/XRP) | 0.0013% | 1h | 10.95% | 2026-10-04 16:00 UTC |
| [Aster](https://arbtide.com/funding-rates/xrp/aster) | [XRP/USDT:USDT](https://www.asterdex.com/en/trade/pro/futures/XRPUSDT) | 0.0100% | 8h | 10.95% | — |
| [Pacifica](https://arbtide.com/funding-rates/xrp/pacifica) | [XRP/USDC:USDC](https://app.pacifica.fi/trade/XRP) | 0.0013% | 1h | 10.95% | 2026-10-04 16:00 UTC |
| [Paradex](https://arbtide.com/funding-rates/xrp/paradex) | [XRP/USD:USDC](https://app.paradex.trade/trade/XRP-USD-PERP) | 0.0100% | 8h | 10.94% | — |
| [Lighter](https://arbtide.com/funding-rates/xrp/lighter) | [XRP/USDC:USDC](https://app.lighter.xyz/trade/XRP) | 0.0096% | 8h | 10.51% | — |
| [WOOFi Pro](https://arbtide.com/funding-rates/xrp/woofipro) | [XRP/USDC:USDC](https://pro.woofi.com/en/trade/XRP_PERP) | 0.0090% | 8h | 9.86% | 2026-10-04 16:00 UTC |
| [Gate](https://arbtide.com/funding-rates/xrp/gate) | [XRP/USDT:USDT](https://www.gate.com/futures/USDT/XRP_USDT) | 0.0089% | 8h | 9.75% | 2026-10-04 16:00 UTC |
| [WEEX](https://arbtide.com/funding-rates/xrp/weex) | [XRP/USDT:USDT](https://www.weex.com/futures/XRP-USDT) | 0.0042% | 8h | 4.61% | 2026-10-04 15:09 UTC |
| [Crypto.com](https://arbtide.com/funding-rates/xrp/cryptocom) | [XRP/USD:USD](https://crypto.com/exchange/trade/XRPUSD-PERP) | 0.0003% | 1h | 2.49% | 2026-10-04 16:00 UTC |
| [Kraken](https://arbtide.com/funding-rates/xrp/kraken) | [XRP/USD:USD](https://pro.kraken.com/app/trade/futures-xrp-usd-perp) | 0.0001% | 1h | 0.68% | — |
| [Bitfinex](https://arbtide.com/funding-rates/xrp/bitfinex) | [XRP/USDT:USDT](https://trading.bitfinex.com/t/XRPF0:USTF0) | 0.0000% | 8h | 0.00% | — |
| [dYdX](https://arbtide.com/funding-rates/xrp/dydx) | [XRP/USDC:USDC](https://dydx.trade/trade/XRP-USD) | -0.0027% | 1h | -23.63% | 2026-10-04 16:00 UTC |

## Frequently asked questions

### What is the XRP 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 0.0052% per 8 hours (5.69% APR).

### How often does Backpack pay XRP funding?

Every hour. The next payment is at 2026-10-04 16:00 UTC.

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

Backpack is the 16th highest of 30 exchanges shown. The highest is DigiFinex at 0.0270% per 8h (29.57% APR) and the lowest is Bitfinex at 0.0000% per 8h (0.00% APR).

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

Long XRP on Backpack and short on DigiFinex for a gross spread of 0.0170% per 8 hours (18.62% APR). Trading fees, slippage and the price basis between the two venues reduce the net return.