# MON funding rate history — settled payments by exchange

Source: https://orbitperpscreener.com/markets/asset/MON/funding · window: last 30 days · generated 2026-09-23T19:05 UTC

What MON (Monad) actually paid over the last 30 days: 8,175 settlements across 24 venues, broken down venue by venue. These are settled payments — the amount an exchange actually charged or credited each funding interval — not the rate currently quoted for the next payment. Toobit paid the most over the window at +3.8080% of position size.

A funding rate quoted right now is a forecast of the next payment; what a position actually earned is the sum of payments that already settled. Two venues can quote a similar rate and still pay very differently over a month, because they settle on different schedules and compute the rate from their own order book rather than a shared index. The rate was positive in 72% of the 8,175 settlements recorded here, meaning longs paid shorts that often.

Over the window, settled totals ranged from +3.8080% on Toobit to -1.2733% on Phoenix — the gap between them is what a delta-neutral position collecting on both legs would have captured before fees and slippage. Verify the live version of this spread on the ORBIT funding screener before sizing a trade: settled history shows what already happened, not what will happen next.

| Exchange | Settlements | Total paid | Average APR | Largest | Smallest | Last settled |
|---|---:|---:|---:|---:|---:|---|
| Toobit | 180 | +3.8080% | +46.36% | +0.1121% | -0.0912% | 2026-09-23 16:00 UTC |
| BloFin | 180 | +1.8858% | +22.96% | +0.0234% | -0.0383% | 2026-09-23 16:00 UTC |
| Hyperliquid | 719 | +0.8758% | +10.68% | +0.0210% | -0.0203% | 2026-09-23 18:00 UTC |
| dYdX | 719 | +0.8740% | +10.66% | +0.0013% | -0.0016% | 2026-09-23 18:00 UTC |
| grvt | 180 | +0.3990% | +4.86% | +0.0173% | -0.0423% | 2026-09-23 16:00 UTC |
| Pionex | 180 | +0.2487% | +3.03% | +0.0050% | -0.0383% | 2026-09-23 16:00 UTC |
| Pacifica | 717 | +0.2478% | +3.03% | +0.0013% | -0.0224% | 2026-09-23 18:00 UTC |
| Paradex | 96 | +0.2360% | +2.69% | +0.0104% | -0.0641% | 2026-09-23 16:00 UTC |
| Backpack | 719 | +0.2208% | +2.69% | +0.0154% | -0.0171% | 2026-09-23 18:00 UTC |
| Bitunix | 180 | +0.2120% | +2.58% | +0.0050% | -0.0440% | 2026-09-23 16:00 UTC |
| Extended | 719 | +0.2112% | +2.57% | +0.0013% | -0.0127% | 2026-09-23 18:00 UTC |
| Bitget | 180 | +0.2097% | +2.55% | +0.0050% | -0.0345% | 2026-09-23 16:00 UTC |
| Hotcoin | 180 | +0.1902% | +2.32% | +0.0050% | -0.0418% | 2026-09-23 16:01 UTC |
| edgeX V2 | 180 | +0.1902% | +2.32% | +0.0050% | -0.0418% | 2026-09-23 16:00 UTC |
| WEEX | 180 | +0.1902% | +2.32% | +0.0050% | -0.0418% | 2026-09-23 16:00 UTC |
| Binance Futures | 180 | +0.1898% | +2.31% | +0.0050% | -0.0418% | 2026-09-23 16:00 UTC |
| Gate.io | 180 | -0.0214% | -0.26% | +0.0050% | -0.0415% | 2026-09-23 16:00 UTC |
| Bybit | 90 | -0.1391% | -1.69% | +0.0100% | -0.0652% | 2026-09-23 16:00 UTC |
| ApeX | 719 | -0.2299% | -2.80% | +0.0013% | -0.0200% | 2026-09-23 18:00 UTC |
| KuCoin | 180 | -0.2655% | -3.23% | +0.0297% | -0.0732% | 2026-09-23 16:00 UTC |
| OKX | 180 | -0.3632% | -4.42% | +0.0050% | -0.0471% | 2026-09-23 16:00 UTC |
| Aster | 438 | -0.4829% | -2.42% | +0.0050% | -0.0296% | 2026-09-23 16:00 UTC |
| WOOFi Pro | 180 | -0.8648% | -10.53% | +0.0117% | -0.0803% | 2026-09-23 16:00 UTC |
| Phoenix | 719 | -1.2733% | -15.52% | +0.0043% | -0.0111% | 2026-09-23 18:00 UTC |

## FAQ

### Is the MON funding rate a live quote or an actual payment?

A funding rate quoted right now is a forecast of the next payment; what a position actually earned is the sum of payments that already settled. Two venues can quote a similar rate and still pay very differently over a month, because they settle on different schedules and compute the rate from their own order book rather than a shared index. The rate was positive in 72% of the 8,175 settlements recorded here.

### Which exchange has paid the most settled MON funding recently?

Toobit paid the most over the last 30 days at +3.8080% of position size across 180 settlements, an average annualized rate of +46.36%. This is a sum of actual payments, not a forecast.

### How often is MON funding actually paid?

Over the last 30 days, ORBIT recorded 8,175 funding settlements for MON across 24 venues. Settlement schedules differ by venue — some pay hourly, others every 4 or 8 hours — so the number of payments per venue in the table above is not the same for all of them.

### What is the widest settled MON funding spread between venues?

Over the last 30 days, settled totals ranged from +3.8080% on Toobit to -1.2733% on Phoenix. That gap is what a position holding both legs — long on the venue that paid least, short on the one that paid most — would have collected before fees and slippage. Check the current spread on the live screener, since settled history describes the past, not the next payment.

Live rates: https://orbitperpscreener.com/markets/asset/MON · Screener: https://orbitperpscreener.com/screener
