Settings8H · net · $10k
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Bitget vs Backpack

Bitget traded 100× Backpack's 24-hour volume ($11.42B vs $114.2M).

vs
BitgetCEXBetter on 5 of 8
Trade on Bitget
vs
BackpackCEXBetter on 3 of 8
Trade on Backpack

Head to head

the arrow points to the better figure
BitgetBackpack
Trading
$12.01BTC trade, $10k▶$10.01
$1,435BTC trade, $1M≈$1,403
$5.0MBTC book depth▶$6.8M
0.060%/0.020%Taker / maker▶0.050%/0.020%
Size
$8.10Bone sideOpen interest$105.2Mlongs + shorts
—TVL—
Markets
1h or 4h or 8hFunding paid every1h
+0.0100%BTC funding /8h+0.0012%
+0.575%BTC longs paid, 30d+0.870%
Access
RequiredKYCRequired
$BGBToken$BP
—Airdrop—

Cost to trade BTC

Backpack cheaper below $5M, Bitget from $5M
SizeBitgetBackpack
$1k$1.2012.0 bp$1.0010.0 bp
$10k$12.0112.0 bp$10.0110.0 bp
$100k$12012.0 bp$10010.0 bp
$1M$1,43514.3 bp$1,40314.0 bp
$5M$8,85917.7 bp$60,370120.7 bp

BTC funding per day

pair page
Longs paid in 30 days: Bitget +0.575% · Backpack +0.870%
BitgetBackpack

Size

daily, since Sep 18
Volume24h, each day
BitgetBackpack
Open interestat each day's close
BitgetBackpack
Bitget's share of the twoby volume
Bitget's share

Volume by asset class

last 90 days
BitgetCrypto 80% · Stocks 15% · Commodities 3.5% · Pre-IPO 0.3% · Other RWA 0.3%
BackpackCrypto 97% · Stocks 3.4%

On both: 91

funding /8h · Net 7d at $10k
AssetBitgetBackpackSpreadNet 7d
BTC+0.0100%+0.0012%+0.0088%−$28
SOL−0.0009%−0.0189%+0.0180%−$42
ETH+0.0100%+0.0100%0.0000%−$10
HYPE+0.0100%+0.0463%+0.0363%−$5
ZEC+0.0100%+0.0100%0.0000%+$24
BNB+0.0092%+0.0100%+0.0008%−$48
NEAR+0.0100%+0.0352%+0.0252%+$57
PAXG−0.0004%+0.0670%+0.0674%−$4
XRP+0.0093%+0.0100%+0.0007%−$44
UNI+0.0100%+0.0100%0.0000%+$4
PUMP+0.0074%−0.0087%+0.0161%−$33
LIT−0.0138%+0.0100%+0.0238%−$73
JUP+0.0100%−0.0114%+0.0214%−$56
SUI+0.0038%−0.0067%+0.0105%−$31
DOGE+0.0012%−0.0070%+0.0082%−$21
XMR+0.0764%+0.0868%+0.0104%+$15
ENA−0.0032%+0.0100%+0.0132%−$24
AVAX−0.0008%+0.0100%+0.0108%−$23
JTO+0.0100%+0.0207%+0.0107%+$25
ADA+0.0067%+0.0051%+0.0016%−$16
Only on Bitget: 793

SOXL · XAU · XAUT · XAG · CL · MSTR · BTW · KORU · BZ · BCH · BGB · SOXS · INJ · SKHYNIX · FF · ANTHROPIC · FET · NATGAS · OPENAI · TQQQ · ZHIPU · FIL · SOON · KAS · RENDER · ETC · MINIMAX · XPT · QNT · STRC · COIN · ICP · SP500 · GRASS · ARIA · MRVL · ATOM · DASH · LONGXIA · EVAA · IDOL · SNXX · ZBT · ALGO · STX · TUT · SQQQ · ETHFI · ORCL · SOXX · POL · PI · TAG · SAMSUNG · CAP · JCT · USDC · MAGMA · CSOPSS2LHKD · BR · and 733 more

Only on Backpack: 1

MNT

Questions

Is Bitget or Backpack cheaper to trade?

Opening and closing $10,000 of BTC with market orders costs $12.01 on Bitget and $10.01 on Backpack right now, taker fee and order-book slippage together, so Backpack is cheaper. Taker fees: 0.06% and 0.05%.

Which has more markets, Bitget or Backpack?

Bitget lists 933 active markets and Backpack 91; 91 assets trade on both, 18 of them stocks, commodities or other real-world assets.

Does Bitget or Backpack require KYC?

Bitget: KYC mandatory since Sep 2023; unverified accounts can only withdraw and close positions. Backpack: KYC (ID, face scan, residency and source of income) before any trading.

Can you arbitrage funding between Bitget and Backpack?

Yes: 12 of the assets on both paid more in funding over the last 7 days than a $10k round trip on both costs. The best was TRX, long on Backpack and short on Bitget, with $257 left after costs.

Which is bigger, Bitget or Backpack?

24-hour volume: Bitget $11.42B, Backpack $114.2M. Open interest as each reports it: $8.10B and $105.2M. Backpack reports open interest as longs plus shorts, both sides of every position; Bitget reports one side. For the same positions Backpack's figure reads about twice as large.

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