MON funding rate on Lighter

Funding APR
+10.51%
0.0012% / 1h
Interval
1h
next 09:00 UTC
Direction
Longs pay
longs pay shorts
Venues tracked
18
listing this pair

Over the last 29.9 days, MON funding on Lighter averaged +4.0% APR and stayed positive 84.2% of the time, ranging from -124.5% to +111.9%. Right now it pays longs pay shorts at +10.5% APR, settled every 1h across 18 venues we track. The most reliable delta-neutral pairing for MON right now is long Decibel / short Nado at +46.4% net APR (medium risk, ~0.4d to break even).

as of 2026-09-12 08:58 UTC

MON funding history on Lighterlast 30d

30d average
+4.02%
Range
-125% / 112%
% positive
84.2%
Volatility
20.0
Best delta-neutral pairing
Long Decibel / Short Nado
+46.4% net APR
Backtested (30d)
+45.8%
Stability
100%
Risk
medium
Breakeven
~0.4d

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
Perpl+48.89%
Extended+11.39%
Hyperliquid+10.95%
dYdX+10.95%
Pacifica+10.95%
Variational+10.95%
TxFlow+10.95%
Aster+10.95%
Bulk+10.95%
Grvt+10.95%
SoDEX+10.95%
Nado+10.95%
Paradex+10.94%
Lighter+10.51%
Kraken-1.53%
n1xyz-16.64%
Phoenix-37.18%
Decibel-38.54%

Frequently asked

What is the current MON funding rate on Lighter?

MON on Lighter is funding at 10.51% APR (0.0012% every 1h), paid longs pay shorts, as of 2026-09-12 08:58 UTC.

How often does Lighter pay funding on MON?

Every 1 hour.

How do I earn MON funding without price risk?

Open a delta-neutral position: long Decibel and short Nado, currently 46.4% net APR (medium risk). The two legs cancel price exposure so you keep the funding spread.

Learn the strategy