MON funding rate on Decibel

Funding APR
-11.39%
-0.0013% / 1h
Interval
1h
next 02:00 UTC
Direction
Shorts pay
shorts pay longs
Venues tracked
17
listing this pair

Over the last 2.5 days, MON funding on Decibel averaged -38.4% APR and stayed positive 23.3% of the time, ranging from -112.8% to +10.5%. Right now it pays shorts pay longs at -11.4% APR, settled every 1h across 17 venues we track. The most reliable delta-neutral pairing for MON right now is long Phoenix / short Hyperliquid at +1.9% net APR (medium risk, ~5.7d to break even).

as of 2026-09-12 01:55 UTC

MON funding history on Decibellast 3d

30d average
-38.39%
Range
-113% / 11%
% positive
23.3%
Volatility
35.7
Best delta-neutral pairing
Long Phoenix / Short Hyperliquid
+1.9% net APR
Backtested (30d)
+20.7%
Stability
91.6%
Risk
medium
Breakeven
~5.7d

Ranked by 30-day reliability (backtest × stability × risk) — the spread that holds, not just the widest current rate.

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How MON funding compares across venues

ExchangeFunding APR
Extended+11.39%
Hyperliquid+10.95%
dYdX+10.95%
Pacifica+10.95%
Variational+10.95%
Aster+10.95%
Bulk+10.95%
Grvt+10.95%
TxFlow+10.95%
Paradex+10.95%
SoDEX+10.95%
Nado+10.95%
Lighter+10.51%
Perpl+0.00%
Phoenix+0.00%
Decibel-11.39%
Kraken-46.74%

Frequently asked

What is the current MON funding rate on Decibel?

MON on Decibel is funding at -11.39% APR (-0.0013% every 1h), paid shorts pay longs, as of 2026-09-12 01:55 UTC.

How often does Decibel pay funding on MON?

Every 1 hour.

How do I earn MON funding without price risk?

Open a delta-neutral position: long Phoenix and short Hyperliquid, currently 1.9% net APR (medium risk). The two legs cancel price exposure so you keep the funding spread.

Learn the strategy