MON Funding Rate (Monad)

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

Monad current price: $0.02285

Rate MatrixHeatmapCumulative Fees

MON Funding Rate by Exchange

Next settlement --:--:--
#ExchangeFunding RateAPRSettlement IntervalNext SettlementOpen Interest
1Hyperliquid+0.0013%+10.95%1h$28.2M
2Binance-0.0019%-4.13%4h04:00 UTC$17.0M
3Bybit-0.0021%-2.30%8h08:00 UTC$12.4M
4WhiteBIT+0.0050%+10.95%4h04:00 UTC$3.7M
5Bitget+0.0050%+10.95%4h$2.0M
6KuCoinhighest-0.0317%-69.42%4h04:00 UTC$1.3M
7Lighter+0.0096%+84.10%1h$0.6M
8Gate-0.0018%-3.94%4h04:00 UTC$0.3M
9Backpack+0.0019%+16.45%1h01:00 UTC$0.3M
10Kraken+0.0011%$0.2M
11Coinbase+0.0005%+4.38%1h$0.1M
12Aster-0.0020%-17.32%1h01:00 UTC$0.1M
13CoinEx-0.0058%-6.31%8h16:00 UTC$0.0M
14edgeX+0.0050%+10.95%4h04:00 UTC$0.0M
15Crypto.com-0.0027%$0.0M
16Paradex+0.0095%+10.42%8h$0.0M
17Bitunix+0.0031%+6.68%4h04:00 UTC
18LBank-0.0013%04:00 UTC
APR = period rate × (24 / settlement interval) × 365. Shown as — when the exchange's settlement interval is unknown.
Simple Average
-0.0004%
OI-Weighted Rate
-0.0004%
Volume-Weighted Rate
+0.0005%

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%+0.1213%+0.2232%+0.2232%

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 -0.0004% across 18 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 kucoin shows the highest (or most extreme) MON funding rate among tracked exchanges, at -0.0317%. 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.