Monad Funding Rate (MON)

Compare Monad perpetual funding rates across exchanges in real time · OI-weighted composite rate · updated every minute

Monad current price: $0.02493

Rate MatrixHeatmapCumulative Fees

MON Funding Rate by Exchange

Next settlement --:--:--
#ExchangeFunding RateAPRSettlement IntervalNext SettlementOpen Interest
1Hyperliquid+0.0013%+10.95%1h$32.6M
2Binance+0.0001%+0.26%4h00:00 UTC$25.5M
3Bybit-0.0072%-7.88%8h00:00 UTC$21.5M
4WhiteBIT+0.0050%+10.95%4h00:00 UTC$5.7M
5KuCoin-0.0225%-49.28%4h00:00 UTC$2.7M
6Bitget+0.0050%+10.95%4h$2.4M
7Gate+0.0050%+10.95%4h00:00 UTC$0.9M
8Lighter+0.0096%+84.10%1h$0.7M
9CoinExhighest-0.0493%-53.95%8h08:00 UTC$0.4M
10Backpack-0.0066%-57.66%1h22:00 UTC$0.3M
11Kraken-0.0092%$0.2M
12Aster-0.0040%-35.41%1h22:00 UTC$0.1M
13Coinbase+0.0020%+17.52%1h$0.1M
14Crypto.com-0.0160%$0.0M
15Paradex+0.0043%+4.76%8h$0.0M
16Bitunix-0.0008%-1.81%4h00:00 UTC
17LBank-0.0002%00:00 UTC
APR = period rate × (24 / settlement interval) × 365. Shown as — when the exchange's settlement interval is unknown.
Simple Average
-0.0049%
OI-Weighted Rate
-0.0015%
Volume-Weighted Rate
-0.0017%

MON Funding Rate History

MON Cumulative Funding Cost

Cumulative settled funding rate by exchange over each window — positive means longs paid shorts (cost of holding a long), negative means shorts paid longs.

Exchange1D7D30D90D
Binance+0.0050%+0.0587%-0.5239%-0.0861%

About Monad Funding Rate

What is the MON funding rate?

The MON funding rate is a periodic payment between long and short traders on Monad perpetual futures, designed to keep the contract price anchored to the spot index. When the rate is positive, longs pay shorts; when negative, shorts pay longs. It is the main ongoing cost (or income) of holding a leveraged MON perpetual position.

What does a positive or negative MON funding rate mean?

A persistently positive MON funding rate signals crowded long positioning and bullish sentiment — longs keep paying to stay in the trade. A negative rate signals short-side dominance and bearish sentiment. Extreme funding rates in either direction often indicate an overcrowded trade and raise the risk of a sharp reversal or short squeeze/long squeeze.

What is the current MON funding rate?

As of now, the MON funding rate averages -0.0049% across 17 exchanges CoinBoss tracks, and the rate is negative. This figure updates in real time — check the table above for the latest per-exchange breakdown and the OI-weighted composite rate.

Which exchange has the highest MON funding rate?

Right now coinex shows the highest (or most extreme) MON funding rate among tracked exchanges, at -0.0493%. Funding rates can vary meaningfully across exchanges due to differences in order-book premium, index price and leverage demand — creating potential funding rate arbitrage opportunities.
Most exchanges settle funding every 8 hours (00:00 / 08:00 / 16:00 UTC). Actual settlement intervals may vary by exchange and contract.