MON funding rate on Perpl

Funding APR
+48.89%
0.0040% / 1h
Interval
1h
next 21:39 UTC
Direction
Longs pay
longs pay shorts
Venues tracked
15
listing this pair

Over the last 30 days, MON funding on Perpl averaged +4.7% APR and stayed positive 44.1% of the time, ranging from -48.9% to +48.9%. Right now it pays longs pay shorts at +48.9% APR, settled every 1h across 15 venues we track. The most reliable delta-neutral pairing for MON right now is long Phoenix / short Nado at +8.4% net APR (low risk, ~1.6d to break even).

as of 2026-09-05 21:12 UTC

MON funding history on Perpllast 30d

30d average
+4.65%
Range
-49% / 49%
% positive
44.1%
Volatility
21.6
Best delta-neutral pairing
Long Phoenix / Short Perpl
+38.3% net APR
Backtested (30d)
+19.1%
Stability
84.8%
Risk
high
Breakeven
~2.5d

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
Kraken+57.89%
Perpl+48.89%
Extended+11.39%
Hyperliquid+10.95%
dYdX+10.95%
Pacifica+10.95%
Variational+10.95%
TxFlow+10.95%
Aster+10.95%
Grvt+10.95%
SoDEX+10.95%
Nado+10.95%
Paradex+10.94%
Lighter+10.51%
Phoenix+0.00%

Frequently asked

What is the current MON funding rate on Perpl?

MON on Perpl is funding at 48.89% APR (0.0040% every 1h), paid longs pay shorts, as of 2026-09-05 21:12 UTC.

How often does Perpl 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 Perpl, currently 38.3% net APR (high risk). The two legs cancel price exposure so you keep the funding spread.

Learn the strategy