BTC funding arbitrage: backpack vs variational
Long BTC_USDC_PERP on backpack against short BTC on variational.
| 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 | variational | BTC | 0.0097% / 8h | +10.64% | $334.28M | $327.16M |
Live funding and price spread for this pair update on the page.
Data generated at 2026-09-01T05:32:57Z. Live numbers load on this page automatically.