The operator’s stated arrangement
Mike Xu reports approval in Backpack’s Affiliate Program with a 40% commission rate, sharing 20 percentage points with referred users and retaining 20. These figures come from the operator, not a public audit of the private dashboard.
The incentive
If you follow the affiliate link and generate qualifying trading fees, the operator may receive commission. That gives us a financial incentive to refer users to Backpack. A recommendation or calculator result is not personalized investment advice.
Official settings control the offer
Check the displayed sharing rate and account eligibility before registering or trading. Equity Perps are excluded. Links are labeled as affiliate links and point directly to the official exchange without a hidden redirect service.
Check the official source
Backpack · Flexible Commission Sharing ↗Official references checked for this edition on October 18, 2026. Account-specific settings and availability must be verified on Backpack.