MON funding rate on SoDEX

Funding APR
+10.95%
0.0013% / 1h
Interval
1h
next 19:00 UTC
Direction
Longs pay
longs pay shorts
Venues tracked
16
listing this pair

Over the last 29.7 days, MON funding on SoDEX averaged +5.3% APR and stayed positive 83.2% of the time, ranging from -58.7% to +11.9%. Right now it pays longs pay shorts at +10.9% APR, settled every 1h across 16 venues we track. The most reliable delta-neutral pairing for MON right now is long Phoenix / short Kraken at +83.9% net APR (medium risk, ~0.8d to break even).

as of 2026-07-21 18:16 UTC

MON funding history on SoDEXlast 30d

30d average
+5.26%
Range
-59% / 12%
% positive
83.2%
Volatility
10.9
Best delta-neutral pairing
Long Phoenix / Short Kraken
+83.9% net APR
Backtested (30d)
+103.8%
Stability
100%
Risk
medium
Breakeven
~0.8d

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+80.70%
Perpl+17.52%
Extended+11.39%
Hyperliquid+10.95%
dYdX+10.95%
Pacifica+10.95%
Variational+10.95%
Grvt+10.95%
SoDEX+10.95%
EdgeX+10.95%
Nado+10.95%
Lighter+10.51%
Ethereal+10.00%
Paradex+8.86%
Aster-3.10%
Phoenix-38.36%

Frequently asked

What is the current MON funding rate on SoDEX?

MON on SoDEX is funding at 10.95% APR (0.0013% every 1h), paid longs pay shorts, as of 2026-07-21 18:16 UTC.

How often does SoDEX 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 Kraken, currently 83.9% net APR (medium risk). The two legs cancel price exposure so you keep the funding spread.

Learn the strategy