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MON Funding Rate on Backpack

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As of 2026-10-03 03:20 UTC, the MON perpetual on Backpack pays 0.0013% per 1h, 0.0100% per 8 hours (10.95% APR), so longs pay shorts. That is the 12th highest of 22 exchanges shown, against a volume-weighted average of 0.0082% per 8 hours (8.93% APR). Over the last 7 days Backpack averaged 0.0112% per 8 hours (12.27% APR). The next funding is at 2026-10-03 04:00 UTC.

Rate per 1h
0.0013%
Same rate per 8h
0.0100%
7-day average per 8h
0.0112%
Next funding
2026-10-03 04:00 UTC
Rank
12 of 22

MON funding on Backpack, per 8h

MON funding on Backpack, per 8 hours, hourly, last 7 days-0.1000%-0.0500%0.0000%0.0500%0.1000%0.1500%13:0016:3020:0023:3003:00HW 0.1189%LW -0.0691%0.0020%

Compare Backpack with other exchanges over 7 or 30 days

MON funding arbitrage with Backpack

LongOKX-0.0006%/4hShortBackpack0.0013%/1hFunding gap 0.0112% per 8h before fees

The widest pairing for Backpack is long MON on OKX and short on Backpack. Fees, slippage and the price basis between venues reduce the net return. Learn what a funding rate is.

MON funding on every exchange

Showing 22 of 22

All MON funding rates Backpack funding rates

Frequently asked questions

What is the MON funding rate on Backpack?
0.0013% per 1h, or 0.0100% per 8 hours (10.95% APR), so longs pay shorts. The 7-day average is 0.0112% per 8 hours (12.27% APR).
How often does Backpack pay MON funding?
Every hour. The next payment is at 2026-10-03 04:00 UTC.
Is MON funding on Backpack higher than on other exchanges?
Backpack is the 12th highest of 22 exchanges shown. The highest is Extended at 0.0013% per 1h (11.39% APR) and the lowest is OKX at -0.0006% per 4h (-1.35% APR).
How do you arbitrage MON funding with Backpack?
Long MON on OKX and short on Backpack for a gross spread of 0.0112% per 8 hours (12.30% APR). Trading fees, slippage and the price basis between the two venues reduce the net return.