ETH funding arbitrage: backpack vs hyperliquid

Long ETH_USDC_PERP on backpack against short ETH on hyperliquid.

SideExchangeSymbolFundingFunding APR24h volumeOpen interest
LongbackpackETH_USDC_PERP0.0013% / 1h+10.95%$8.87M$11.55M
ShorthyperliquidETH0.0013% / 1h+10.95%$1.04B$2.14B

Live funding and price spread for this pair update on the page.

Data generated at 2026-09-01T05:33:14Z. Live numbers load on this page automatically.