# MON Funding Rate on Backpack

As of 2026-10-03 14:49 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 16th highest of 22 exchanges shown, against a volume-weighted average of 0.0109% per 8 hours (11.96% APR). Over the last 7 days Backpack averaged 0.0089% per 8 hours (9.77% APR). The next funding is at 2026-10-03 15:00 UTC.

## Funding on every exchange

| Exchange | Market | Funding rate | Interval | APR | Next funding |
| --- | --- | --- | --- | --- | --- |
| [Crypto.com](https://arbtide.com/funding-rates/mon/cryptocom) | [MON/USD:USD](https://crypto.com/exchange/trade/MONUSD-PERP) | 0.0056% | 1h | 48.89% | 2026-10-03 15:00 UTC |
| [Kraken](https://arbtide.com/funding-rates/mon/kraken) | [MON/USD:USD](https://pro.kraken.com/app/trade/futures-mon-usd-perp) | 0.0036% | 1h | 31.11% | — |
| [Hyperliquid](https://arbtide.com/funding-rates/mon/hyperliquid) | [MON/USDC:USDC](https://app.hyperliquid.xyz/trade/MON) | 0.0022% | 1h | 19.44% | 2026-10-03 15:00 UTC |
| [Extended](https://arbtide.com/funding-rates/mon/extended) | [MON/USDC:USDC](https://app.extended.exchange/perp/MON-USD) | 0.0013% | 1h | 11.39% | 2026-10-03 15:00 UTC |
| [Binance](https://arbtide.com/funding-rates/mon/binance) | [MON/USDT:USDT](https://www.binance.com/en/futures/MONUSDT) | 0.0050% | 4h | 10.95% | 2026-10-03 16:00 UTC |
| [Bybit](https://arbtide.com/funding-rates/mon/bybit) | [MON/USDT:USDT](https://www.bybit.com/trade/usdt/MONUSDT) | 0.0100% | 8h | 10.95% | 2026-10-03 16:00 UTC |
| [OKX](https://arbtide.com/funding-rates/mon/okx) | [MON/USDT:USDT](https://www.okx.com/trade-swap/mon-usdt-swap) | 0.0050% | 4h | 10.95% | 2026-10-03 16:00 UTC |
| [Bitget](https://arbtide.com/funding-rates/mon/bitget) | [MON/USDT:USDT](https://www.bitget.com/futures/usdt/MONUSDT) | 0.0050% | 4h | 10.95% | — |
| [Gate](https://arbtide.com/funding-rates/mon/gate) | [MON/USDT:USDT](https://www.gate.com/futures/USDT/MON_USDT) | 0.0050% | 4h | 10.95% | 2026-10-03 16:00 UTC |
| [KuCoin](https://arbtide.com/funding-rates/mon/kucoin) | [MON/USDT:USDT](https://www.kucoin.com/trade/futures/MONUSDTM) | 0.0050% | 4h | 10.95% | 2026-10-03 16:00 UTC |
| [WhiteBIT](https://arbtide.com/funding-rates/mon/whitebit) | [MON/USDT:USDT](https://whitebit.com/trade/MON-PERP?type=futures) | 0.0050% | 4h | 10.95% | 2026-10-03 16:00 UTC |
| [XT.COM](https://arbtide.com/funding-rates/mon/xt) | [MON/USDT:USDT](https://www.xt.com/en/futures/trade/mon_usdt) | 0.0050% | 4h | 10.95% | 2026-10-03 16:00 UTC |
| [LBank](https://arbtide.com/funding-rates/mon/lbank) | [MON/USDT:USDT](https://www.lbank.com/futures/monusdt) | 0.0050% | 4h | 10.95% | 2026-10-03 16:00 UTC |
| [WEEX](https://arbtide.com/funding-rates/mon/weex) | [MON/USDT:USDT](https://www.weex.com/futures/MON-USDT) | 0.0050% | 4h | 10.95% | 2026-10-03 14:49 UTC |
| [Toobit](https://arbtide.com/funding-rates/mon/toobit) | [MON/USDT:USDT](https://www.toobit.com/en-US/futures/MON-SWAP-USDT) | 0.0050% | 4h | 10.95% | 2026-10-03 16:00 UTC |
| [Backpack](https://arbtide.com/funding-rates/mon/backpack) | [MON/USDC:USDC](https://backpack.exchange/trade/MON_USDC_PERP) | 0.0013% | 1h | 10.95% | 2026-10-03 15:00 UTC |
| [Aster](https://arbtide.com/funding-rates/mon/aster) | [MON/USDT:USDT](https://www.asterdex.com/en/trade/pro/futures/MONUSDT) | 0.0050% | 4h | 10.95% | — |
| [dYdX](https://arbtide.com/funding-rates/mon/dydx) | [MON/USDC:USDC](https://dydx.trade/trade/MON-USD) | 0.0013% | 1h | 10.95% | 2026-10-03 15:00 UTC |
| [Pacifica](https://arbtide.com/funding-rates/mon/pacifica) | [MON/USDC:USDC](https://app.pacifica.fi/trade/MON) | 0.0013% | 1h | 10.95% | 2026-10-03 15:00 UTC |
| [WOOFi Pro](https://arbtide.com/funding-rates/mon/woofipro) | [MON/USDC:USDC](https://pro.woofi.com/en/trade/MON_PERP) | 0.0050% | 4h | 10.95% | 2026-10-03 16:00 UTC |
| [Paradex](https://arbtide.com/funding-rates/mon/paradex) | [MON/USD:USDC](https://app.paradex.trade/trade/MON-USD-PERP) | 0.0100% | 8h | 10.92% | — |
| [Lighter](https://arbtide.com/funding-rates/mon/lighter) | [MON/USDC:USDC](https://app.lighter.xyz/trade/MON) | 0.0096% | 8h | 10.51% | — |

## 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 0.0089% per 8 hours (9.77% APR).

### How often does Backpack pay MON funding?

Every hour. The next payment is at 2026-10-03 15:00 UTC.

### Is MON funding on Backpack higher than on other exchanges?

Backpack is the 16th highest of 22 exchanges shown. The highest is Hyperliquid at 0.0022% per 1h (19.44% APR) and the lowest is Lighter at 0.0096% per 8h (10.51% APR).

### How do you arbitrage MON funding with Backpack?

Long MON on Backpack and short on Hyperliquid for a gross spread of 0.0078% per 8 hours (8.49% APR). Trading fees, slippage and the price basis between the two venues reduce the net return.