BTC funding arbitrage: backpack vs hyena
Long BTC_USDC_PERP on backpack against short hyna:BTC on hyena.
| Side | Exchange | Symbol | Funding | Funding APR | 24h volume | Open interest |
|---|---|---|---|---|---|---|
| Long | backpack | BTC_USDC_PERP | 0.0013% / 1h | +10.95% | $83.15M | $42.08M |
| Short | hyena | hyna:BTC | 0.0219% / 1h | +191.77% | $910.7K | $1.25M |
Funding spread +180.82% APR. Price spread +0.3050%.
Data generated at 2026-09-01T05:32:10Z. Live numbers load on this page automatically.