# MON Funding Rate on Hyperliquid

As of 2026-10-04 07:47 UTC, the MON perpetual on Hyperliquid pays 0.0014% per 1h, 0.0111% per 8 hours (12.15% APR), so longs pay shorts. That is the 4th highest of 22 exchanges shown, against a volume-weighted average of 0.0101% per 8 hours (11.05% APR). Over the last 7 days Hyperliquid averaged 0.0253% per 8 hours (27.76% APR). The next funding is at 2026-10-04 08:00 UTC.

## Funding on every exchange

| Exchange | Market | Funding rate | Interval | APR | Next funding |
| --- | --- | --- | --- | --- | --- |
| [Kraken](https://arbtide.com/funding-rates/mon/kraken) | [MON/USD:USD](https://pro.kraken.com/app/trade/futures-mon-usd-perp) | 0.0135% | 1h | 118.32% | — |
| [Crypto.com](https://arbtide.com/funding-rates/mon/cryptocom) | [MON/USD:USD](https://crypto.com/exchange/trade/MONUSD-PERP) | 0.0103% | 1h | 90.63% | 2026-10-04 08:00 UTC |
| [Backpack](https://arbtide.com/funding-rates/mon/backpack) | [MON/USDC:USDC](https://backpack.exchange/trade/MON_USDC_PERP) | 0.0089% | 1h | 78.00% | 2026-10-04 08:00 UTC |
| [Hyperliquid](https://arbtide.com/funding-rates/mon/hyperliquid) | [MON/USDC:USDC](https://app.hyperliquid.xyz/trade/MON) | 0.0014% | 1h | 12.15% | 2026-10-04 08:00 UTC |
| [Extended](https://arbtide.com/funding-rates/mon/extended) | [MON/USDC:USDC](https://app.extended.exchange/perp/MON-USD) | 0.0013% | 1h | 11.39% | 2026-10-04 08:00 UTC |
| [Paradex](https://arbtide.com/funding-rates/mon/paradex) | [MON/USD:USDC](https://app.paradex.trade/trade/MON-USD-PERP) | 0.0100% | 8h | 10.95% | — |
| [Binance](https://arbtide.com/funding-rates/mon/binance) | [MON/USDT:USDT](https://www.binance.com/en/futures/MONUSDT) | 0.0050% | 4h | 10.95% | 2026-10-04 08:00 UTC |
| [Bybit](https://arbtide.com/funding-rates/mon/bybit) | [MON/USDT:USDT](https://www.bybit.com/trade/usdt/MONUSDT) | 0.0100% | 8h | 10.95% | 2026-10-04 08:00 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% | 2026-10-04 08:00 UTC |
| [Bitget](https://arbtide.com/funding-rates/mon/bitget) | [MON/USDT:USDT](https://www.bitget.com/futures/usdt/MONUSDT) | 0.0050% | 4h | 10.95% | — |
| [KuCoin](https://arbtide.com/funding-rates/mon/kucoin) | [MON/USDT:USDT](https://www.kucoin.com/trade/futures/MONUSDTM) | 0.0050% | 4h | 10.95% | 2026-10-04 08:00 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% | 2026-10-04 08:00 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% | 2026-10-04 08:00 UTC |
| [LBank](https://arbtide.com/funding-rates/mon/lbank) | [MON/USDT:USDT](https://www.lbank.com/futures/monusdt) | 0.0050% | 4h | 10.95% | 2026-10-04 08:00 UTC |
| [WEEX](https://arbtide.com/funding-rates/mon/weex) | [MON/USDT:USDT](https://www.weex.com/futures/MON-USDT) | 0.0050% | 4h | 10.95% | 2026-10-04 07:47 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% | 2026-10-04 08:00 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% | 2026-10-04 08:00 UTC |
| [Pacifica](https://arbtide.com/funding-rates/mon/pacifica) | [MON/USDC:USDC](https://app.pacifica.fi/trade/MON) | 0.0013% | 1h | 10.95% | 2026-10-04 08:00 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% | 2026-10-04 08:00 UTC |
| [Lighter](https://arbtide.com/funding-rates/mon/lighter) | [MON/USDC:USDC](https://app.lighter.xyz/trade/MON) | 0.0096% | 8h | 10.51% | — |
| [Gate](https://arbtide.com/funding-rates/mon/gate) | [MON/USDT:USDT](https://www.gate.com/futures/USDT/MON_USDT) | 0.0011% | 4h | 2.41% | 2026-10-04 08:00 UTC |

## Frequently asked questions

### What is the MON funding rate on Hyperliquid?

0.0014% per 1h, or 0.0111% per 8 hours (12.15% APR), so longs pay shorts. The 7-day average is 0.0253% per 8 hours (27.76% APR).

### How often does Hyperliquid pay MON funding?

Every hour. The next payment is at 2026-10-04 08:00 UTC.

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

Hyperliquid is the 4th highest of 22 exchanges shown. The highest is Hyperliquid at 0.0014% per 1h (12.15% APR) and the lowest is Gate at 0.0011% per 4h (2.41% APR).

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

Long MON on Gate and short on Hyperliquid for a gross spread of 0.0089% per 8 hours (9.74% APR). Trading fees, slippage and the price basis between the two venues reduce the net return.