# MON Funding Rate on Kraken

As of 2026-10-06 18:27 UTC, the MON perpetual on Kraken pays -0.0121% per 1h, -0.0971% per 8 hours (-106.37% APR), so shorts pay longs. That is the 20th highest of 20 exchanges shown, against a volume-weighted average of -0.0101% per 8 hours (-11.03% APR). Over the last 7 days Kraken averaged 0.0110% per 8 hours (12.00% APR).

## Funding on every exchange

| Exchange | Market | Funding rate | Interval | APR | Next funding |
| --- | --- | --- | --- | --- | --- |
| [Toobit](https://arbtide.com/funding-rates/mon/toobit) | [MON/USDT:USDT](https://www.toobit.com/en-US/futures/MON-SWAP-USDT) | 0.0108% | 4h | 23.72% | 2026-10-06 20:00 UTC |
| [Bitget](https://arbtide.com/funding-rates/mon/bitget) | [MON/USDT:USDT](https://www.bitget.com/futures/usdt/MONUSDT) | 0.0050% | 4h | 10.95% | — |
| [WhiteBIT](https://arbtide.com/funding-rates/mon/whitebit) | [MON/USDT:USDT](https://whitebit.com/trade/MON-PERP?type=futures) | 0.0050% | 4h | 10.95% | 2026-10-06 20:00 UTC |
| [Hyperliquid](https://arbtide.com/funding-rates/mon/hyperliquid) | [MON/USDC:USDC](https://app.hyperliquid.xyz/trade/MON) | 0.0013% | 1h | 10.95% | 2026-10-06 19:00 UTC |
| [dYdX](https://arbtide.com/funding-rates/mon/dydx) | [MON/USDC:USDC](https://dydx.trade/trade/MON-USD) | 0.0013% | 1h | 10.95% | 2026-10-06 19:00 UTC |
| [Pacifica](https://arbtide.com/funding-rates/mon/pacifica) | [MON/USDC:USDC](https://app.pacifica.fi/trade/MON) | 0.0013% | 1h | 10.95% | 2026-10-06 19:00 UTC |
| [Lighter](https://arbtide.com/funding-rates/mon/lighter) | [MON/USDC:USDC](https://app.lighter.xyz/trade/MON) | 0.0096% | 8h | 10.51% | — |
| [Aster](https://arbtide.com/funding-rates/mon/aster) | [MON/USDT:USDT](https://www.asterdex.com/en/trade/pro/futures/MONUSDT) | -0.0016% | 4h | -3.55% | — |
| [OKX](https://arbtide.com/funding-rates/mon/okx) | [MON/USDT:USDT](https://www.okx.com/trade-swap/mon-usdt-swap) | -0.0020% | 4h | -4.45% | 2026-10-06 20:00 UTC |
| [WEEX](https://arbtide.com/funding-rates/mon/weex) | [MON/USDT:USDT](https://www.weex.com/futures/MON-USDT) | -0.0060% | 4h | -13.10% | 2026-10-06 18:27 UTC |
| [KuCoin](https://arbtide.com/funding-rates/mon/kucoin) | [MON/USDT:USDT](https://www.kucoin.com/trade/futures/MONUSDTM) | -0.0069% | 4h | -15.11% | 2026-10-06 20:00 UTC |
| [Binance](https://arbtide.com/funding-rates/mon/binance) | [MON/USDT:USDT](https://www.binance.com/en/futures/MONUSDT) | -0.0084% | 4h | -18.45% | 2026-10-06 20:00 UTC |
| [XT.COM](https://arbtide.com/funding-rates/mon/xt) | [MON/USDT:USDT](https://www.xt.com/en/futures/trade/mon_usdt) | -0.0085% | 4h | -18.72% | 2026-10-06 20:00 UTC |
| [LBank](https://arbtide.com/funding-rates/mon/lbank) | [MON/USDT:USDT](https://www.lbank.com/futures/monusdt) | -0.0087% | 4h | -19.05% | 2026-10-06 20:00 UTC |
| [Extended](https://arbtide.com/funding-rates/mon/extended) | [MON/USDC:USDC](https://app.extended.exchange/perp/MON-USD) | -0.0022% | 1h | -19.27% | 2026-10-06 19:00 UTC |
| [Gate](https://arbtide.com/funding-rates/mon/gate) | [MON/USDT:USDT](https://www.gate.com/futures/USDT/MON_USDT) | -0.0104% | 4h | -22.78% | 2026-10-06 20:00 UTC |
| [Paradex](https://arbtide.com/funding-rates/mon/paradex) | [MON/USD:USDC](https://app.paradex.trade/trade/MON-USD-PERP) | -0.0248% | 8h | -27.13% | — |
| [Backpack](https://arbtide.com/funding-rates/mon/backpack) | [MON/USDC:USDC](https://backpack.exchange/trade/MON_USDC_PERP) | -0.0035% | 1h | -30.78% | 2026-10-06 19:00 UTC |
| [Bybit](https://arbtide.com/funding-rates/mon/bybit) | [MON/USDT:USDT](https://www.bybit.com/trade/usdt/MONUSDT) | -0.0282% | 8h | -30.83% | 2026-10-07 00:00 UTC |
| [Kraken](https://arbtide.com/funding-rates/mon/kraken) | [MON/USD:USD](https://pro.kraken.com/app/trade/futures-mon-usd-perp) | -0.0121% | 1h | -106.37% | — |

## Frequently asked questions

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

-0.0121% per 1h, or -0.0971% per 8 hours (-106.37% APR), so shorts pay longs. The 7-day average is 0.0110% per 8 hours (12.00% APR).

### How often does Kraken pay MON funding?

Every hour.

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

Kraken is the 20th highest of 20 exchanges shown. The highest is Toobit at 0.0108% per 4h (23.72% APR) and the lowest is Kraken at -0.0121% per 1h (-106.37% APR).

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

Long MON on Kraken and short on Toobit for a gross spread of 0.1188% per 8 hours (130.09% APR). Trading fees, slippage and the price basis between the two venues reduce the net return.