Volume 24h$115.2M↘ 25.65%24h
Open interest$103.9M↘ 6.52%24h
Markets91
Max leverage75x
Taker / maker0.050%/0.020%
BTC funding /8h+0.0002%
BTC paid 30d+0.870%
Best price arb
Open pair →LONGBackpack121.26
SHORTVariational Omni122.29
Price arb here
all| SPCX | long here, Variational Omni | +0.850% | +$64 |
| BTC | long here, Variational Omni | +0.459% | +$36 |
| SOL | long here, Variational Omni | +0.330% | +$26 |
| UNI | long here, Variational Omni | +0.406% | +$17 |
| ETH | long here, Bulk | +0.266% | +$14 |
Best funding arb
Open pair →LONGKalshi+0.0175%8h4h 52m
SHORTBackpack+0.0334%1h52m 25s
Funding arb here
all| NEAR | short here, Kalshi | +0.0159% | +$89 |
| MU | short here, Lighter RH | +0.1078% | +$47 |
| SPCX | short here, OKX | +0.0628% | +$42 |
| QQQ | short here, TxFlow | +0.1140% | +$36 |
| ZEC | short here, Kalshi | +0.0336% | +$34 |
Markets
92 markets| Asset | Price | Funding /8h | Every | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|
| BTC BTC_USDC_PERP | 75,653.1 | +0.0002% | 1h | $40.6M | $44.6M | 75x |
| SOL SOL_USDC_PERP | 89.860 | −0.0215% | 1h | $19.7M | $15.7M | 50x |
| ETH ETH_USDC_PERP | 2,243.8 | +0.0100% | 1h | $12.5M | $12.1M | 50x |
| HYPE HYPE_USDC_PERP | 79.025 | +0.0470% | 1h | $6.3M | $5.7M | 20x |
| ZEC ZEC_USDC_PERP | 1,238.1 | +0.0100% | 1h | $4.1M | $4.0M | 15x |
| BNB BNB_USDC_PERP | 688.91 | +0.0100% | 1h | $2.1M | $1.1M | 40x |
| NEAR NEAR_USDC_PERP | 3.7028 | +0.0334% | 1h | $1.4M | $2.4M | 20x |
| PAXG PAXG_USDC_PERP | 4,077.4 | +0.0686% | 1h | $1.3M | $1.2M | 50x |
| MURWA MU.US_USDC_PERP | 667.36 | +0.1590% | 1h | $1.3M | $3.2M | 10x |
| XRP XRP_USDC_PERP | 1.2452 | +0.0100% | 1h | $1.1M | $1.1M | 25x |
| UNI UNI_USDC_PERP | 6.7596 | +0.0100% | 1h | $975K | $1.5M | 10x |
| PUMP PUMP_USDC_PERP | 0.003910 | −0.0247% | 1h | $729K | $441K | 5x |
| SPCXRWA SPCX.US_USDC_PERP | 121.26 | +0.0729% | 1h | $679K | $918K | 10x |
| QQQRWA QQQ.US_USDC_PERP | 651.95 | +0.1005% | 1h | $509K | $652K | 10x |
| LIT LIT_USDC_PERP | 3.3218 | +0.0100% | 1h | $483K | $417K | 5x |
| JUP JUP_USDC_PERP | 0.2377 | −0.0267% | 1h | $446K | $217K | 10x |
| SNDKRWA SNDK.US_USDC_PERP | 825.00 | +0.1147% | 1h | $406K | $2.3M | 10x |
| METARWA META.US_USDC_PERP | 592.54 | +0.0444% | 1h | $394K | $355K | 10x |
Before you deposit
- LiquidityDeep$103.9M open interest
- Real volumeNormalvolume is 1.1x open interest a day
- Book depthDeep$7.8M within ±0.5% of the BTC price, both sides
- KYCRequiredKYC (ID, face scan, residency and source of income) before any trading.
Key facts
About Backpack
Backpack is a centralized perpetual futures exchange. It lists 91 active markets, traded $115.2M in the last 24 hours and holds $103.9M in open interest, #14 among the exchanges we track.
Funding settles every 1h. BTC longs pay +0.0002% /8h right now and paid 0.870% over the last 30 days.
News from Backpack
all| 10-23 03:46 | Product | Week 3 Mystery Box reveals are live 🎒 Every box holds a real US stock. Unpack yours and share your haul. Week 4 trading continues. Unlock up to 15 Mystery Boxes. @Backpack on X ↗ |
| 10-16 02:24 | Product | Week 2 Mystery Box reveals are live 🎒 Every box holds a real US stock. Unpack yours and share your haul. Week 3 continues. Earn up to 15 Mystery Boxes: @Backpack on X ↗ |
| 10-02 12:33 | Token | A token launch is the starting line. “You don’t get rich as a founder unless you do something amazing.” Our goal is to build Backpack into a pillar of the world’s economy. We have to earn that outcome the same way the best Silicon Valley companies do: by building something that matters. @armaniferrante on the commitment and alignment behind Backpack. @Backpack on X ↗ |
| 10-02 01:34 | Product | Introducing Backpack AI Search. Ask Backpack to find it. A stock. A strategy. A market condition. Anything you can put into words. Stocks. Crypto. Perps. Earn. One search bar across Backpack. Just ask. @Backpack on X ↗ |
| 09-29 09:55 | Product | Rates are making headlines. Now they're easier to follow & trade. Introducing the Rates dashboard on Backpack. Monitor live yields, inflation, the debasement trade, and the events moving markets. Explore Rates. Trade US Treasury ETFs → @Backpack on X ↗ |
| 09-29 06:21 | Product | ETH deposits and withdrawals on @RobinhoodCrypto Chain are now supported on Backpack 🎒 @Backpack on X ↗ |
| 09-28 14:13 | Token | BREAKING: NVIDIA has authorized a $150 billion increase to its share buyback program, the largest-ever buyback increase. $NVDA is available on Backpack for stock trading, 24/7 perpetuals and as collateral. @Backpack on X ↗ |
| 09-28 04:03 | Product | Arc is now fully integrated into Backpack. Exchange ▸ Deposit & withdraw USDC on @Arc Wallet ▸ Swap & bridge tokens on Arc ▸ Explore the Arc DeFi ecosystem @Backpack on X ↗ |
Volume & open interest
daily, since Sep 18Volume
$163.9M↘ 43.2%90D
Open interest
$111.7M↗ 12.2%90D
Table, every 3rd day
| Day | Volume | Open interest |
|---|---|---|
| Nov 4, 2026 | $163.9M | $111.7M |
| Nov 1, 2026 | $50.7M | $116.5M |
| Oct 29, 2026 | $281.6M | $118.0M |
| Oct 26, 2026 | $162.5M | $114.1M |
| Oct 23, 2026 | $256.2M | $115.8M |
| Oct 20, 2026 | $292.1M | $111.3M |
| Oct 17, 2026 | $64.0M | $107.1M |
| Oct 14, 2026 | $282.8M | $106.2M |
| Oct 11, 2026 | $54.0M | $111.8M |
| Oct 8, 2026 | $360.8M | $110.0M |
| Oct 5, 2026 | $244.7M | $110.9M |
| Oct 2, 2026 | $273.9M | $106.4M |
| Sep 29, 2026 | $190.7M | $109.9M |
| Sep 26, 2026 | $194.3M | $105.7M |
| Sep 23, 2026 | $214.3M | $107.0M |
| Sep 20, 2026 | $130.4M | $98.2M |
Volume by asset class
daily, since Sep 18Table, every 3rd day
| Day | Crypto | Stocks | Total |
|---|---|---|---|
| Nov 4, 2026 | $154.7M | $9.3M | $164.0M |
| Nov 1, 2026 | $42.5M | $5.4M | $47.9M |
| Oct 29, 2026 | $258.3M | $11.1M | $269.4M |
| Oct 26, 2026 | $156.9M | $6.9M | $163.8M |
| Oct 23, 2026 | $236.1M | $8.3M | $244.3M |
| Oct 20, 2026 | $291.0M | $7.9M | $298.8M |
| Oct 17, 2026 | $59.0M | $2.7M | $61.7M |
| Oct 14, 2026 | $280.5M | $6.9M | $287.4M |
| Oct 11, 2026 | $53.6M | $456K | $54.1M |
| Oct 8, 2026 | $349.7M | $7.8M | $357.5M |
| Oct 5, 2026 | $234.4M | $5.8M | $240.2M |
| Oct 2, 2026 | $271.0M | $7.8M | $278.8M |
| Sep 29, 2026 | $168.3M | $6.6M | $175.0M |
| Sep 26, 2026 | $194.7M | $5.8M | $200.5M |
| Sep 23, 2026 | $216.2M | $5.8M | $222.0M |
| Sep 20, 2026 | $120.8M | $5.8M | $126.6M |