ArbiLayer

MON funding rate

Live Monad perpetual funding on every connected exchange. Positive funding means longs pay shorts.

Connecting…
Highest (24h)+0.145%Hyperliquid
Lowest (24h)-0.130%Bybit
Average (24h)+0.014%across 8 venues
Funding gap (24h)+0.276%short the highest, long the lowest
ExchangeFundingIntervalNext in24hAPRMarkvs indexVolume
Hyperliquid logoHyperliquidPerp DEX · MON+0.0061%1h00:31:53+0.145%+53.1%$0.0315+0.130%$11.46M
Binance logoBinanceCEX · MONUSDT+0.0050%4h—+0.030%+10.9%$0.0315-0.075%—
Bitget logoBitgetCEX · MONUSDT+0.0050%4h—+0.030%+10.9%$0.0315-0.018%$2.30M
OKX logoOKXCEX · MON-USDT-SWAP+0.0050%4h00:31:53+0.030%+10.9%$0.0314—$13.79M
KuCoin logoKuCoinCEX · MONUSDTM+0.0050%4h00:31:53+0.030%+10.9%$0.0314-0.095%$982.3K
Aster logoAsterPerp DEX · MONUSDT+0.0050%4h—+0.030%+10.9%$0.0314-0.128%—
Variational logoVariationalCEX · MON-0.0180%8h—-0.054%-19.7%$0.0315—$705.5K
Bybit logoBybitCEX · MONUSDT-0.0434%8h—-0.130%-47.5%$0.0314-0.159%$17.57M

MON funding rate explained

Right now Monad (MON) perpetual futures trade on 8 exchanges we track. The highest funding is on Hyperliquid at +0.145% per day, the lowest on Bybit at -0.130%. The average across all venues is +0.014% per day, or about +5.1% a year. Positive funding means MON longs are paying shorts — the market is leaning long.

The gap between the highest and lowest venue is +0.276% per day. A delta-neutral position that shorts MON on Hyperliquid and goes long on Bybit would collect that difference at each settlement, before trading fees and the price spread between the two contracts. Check the live MON arbitrage board for the price side of the trade.

Settlement intervals differ: MON funding is paid every 1 hour, 4 hours and 8 hours depending on the exchange, so every rate on this page is also shown normalised to 24 hours and as an APR.

Related: MON arbitrage · Monad price · funding rates for all coins.

What is the MON funding rate today?

The average MON funding rate across 8 exchanges is +0.014% per 24 hours. It ranges from -0.130% on Bybit to +0.145% on Hyperliquid. Rates update every few seconds on this page.

Which exchange has the highest MON funding rate?

Hyperliquid currently has the highest MON funding at +0.145% per day, and Bybit the lowest at -0.130%.

How often is MON funding paid?

MON perpetuals settle funding every 1 hour, 4 hours and 8 hours, depending on the exchange. The table shows each venue's interval and a countdown to the next payment.

Is MON funding positive or negative?

On average it is positive (+0.014% per day): longs pay shorts.