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MNT Funding Rate on Backpack

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As of 2026-10-03 07:00 UTC, the MNT perpetual on Backpack pays 0.0013% per 1h, 0.0100% per 8 hours (10.95% APR), so longs pay shorts. That is the 2nd highest of 12 exchanges shown, against a volume-weighted average of 0.0012% per 8 hours (1.34% APR). Over the last 7 days Backpack averaged -0.0465% per 8 hours (-50.87% APR). The next funding is at 2026-10-03 08:00 UTC.

Rate per 1h
0.0013%
Same rate per 8h
0.0100%
7-day average per 8h
-0.0465%
Next funding
2026-10-03 08:00 UTC
Rank
2 of 12

MNT funding on Backpack, per 8h

MNT funding on Backpack, per 8 hours, hourly, last 7 days-0.2000%-0.1500%-0.1000%-0.0500%0.0000%0.0500%13:0017:3022:0002:3007:00HW 0.0100%LW -0.1534%0.0100%

Compare Backpack with other exchanges over 7 or 30 days

MNT funding arbitrage with Backpack

LongWEEX-0.0028%/8hShortBackpack0.0013%/1hFunding gap 0.0128% per 8h before fees

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

MNT funding on every exchange

Showing 12 of 12

All MNT funding rates Backpack funding rates

Frequently asked questions

What is the MNT 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 -0.0465% per 8 hours (-50.87% APR).
How often does Backpack pay MNT funding?
Every hour. The next payment is at 2026-10-03 08:00 UTC.
Is MNT funding on Backpack higher than on other exchanges?
Backpack is the 2nd highest of 12 exchanges shown. The highest is Gate at 0.0050% per 4h (10.95% APR) and the lowest is WEEX at -0.0028% per 8h (-3.07% APR).
How do you arbitrage MNT funding with Backpack?
Long MNT on WEEX and short on Backpack for a gross spread of 0.0128% per 8 hours (14.02% APR). Trading fees, slippage and the price basis between the two venues reduce the net return.