ADA funding arbitrage: backpack vs hyperliquid

Long ADA_USDC_PERP on backpack against short ADA on hyperliquid.

SideExchangeSymbolFundingFunding APR24h volumeOpen interest
LongbackpackADA_USDC_PERP0.0012% / 1h+10.21%$289.0K$202.4K
ShorthyperliquidADA0.0013% / 1h+10.95%$4.86M$30.69M

Funding spread +0.74% APR. Price spread +0.0247%.

Data generated at 2026-09-01T05:32:53Z. Live numbers load on this page automatically.