TSM funding rates
TSM funding is +0.0189% per 8h on OKX right now, +20.7% annualized; 10 exchanges quote the perpetual.
Rates by exchange
live| Exchange | Mark | Index | Mark vs index | Funding | APR | Interval | Next settlement |
|---|---|---|---|---|---|---|---|
 OKX | 415.55 | 415.12 | +0.1036% | +0.0189% | +20.7% | 8h | 03:59 PM UTC |
 BingX | 415.42 | 415.42 | 0.0000% | +0.0186% | +20.4% | 8h | 03:59 PM UTC |
 LBank | 415.55 | 417.77 | -0.5314% | +0.0139% | +15.2% | 8h | 03:59 PM UTC |
 MEXC | 415.39 | 415.19 | +0.0482% | +0.0138% | +15.1% | 8h | 03:59 PM UTC |
 Binance | 415.42 | 415.22 | +0.0483% | +0.0137% | +15.0% | 8h | 03:59 PM UTC |
 Bybit | 415.21 | 415.12 | +0.0217% | +0.0135% | +14.8% | 8h | 03:59 PM UTC |
 Gate | 415.49 | 415.28 | +0.0506% | +0.0014% | +1.5% | 8h | 03:59 PM UTC |
 Aster | 415.18 | 415.22 | -0.0112% | 0.0000% | 0.0% | 8h | 03:59 PM UTC |
 Bitget | 415.44 | 415.05 | +0.0931% | 0.0000% | 0.0% | 8h | 03:59 PM UTC |
 KuCoin | 415.59 | 414.98 | +0.1470% | 0.0000% | 0.0% | 8h | 03:59 PM UTC |
Top pairings for TSM
| Long | Short | Kind | Funding / 24h | |
|---|---|---|---|---|
| OKX spot 415.20 | LBank spot 419.72 | spot-spot | — | Open in scanner |
| Binance spot 414.92 | LBank spot 419.72 | spot-spot | — | Open in scanner |
| OKX spot 415.20 | MEXC spot 419.74 | spot-spot | — | Open in scanner |
| Binance spot 414.92 | MEXC spot 419.74 | spot-spot | — | Open in scanner |
| MEXC spot 419.74 | LBank spot 419.72 | spot-spot | — | Open in scanner |
85 pairings in the scanner
See every pairing live
The scanner ranks every route by net spread through the order book, after both legs’ fees, with alerts to Telegram and a trade journal. The first week is free.
The table shows every exchange where TSM trades as a perpetual: the rate per settlement, the same rate annualized, the settlement interval and when the next one is. The numbers are the exchanges’ own, read live, not a snapshot from an hour ago.
A positive rate is paid by longs to shorts, a negative one the other way round. The annualized figure assumes the rate stays put for a year, which it never does — it is a way to compare exchanges with different intervals, not a forecast.
The highest and the lowest rate across exchanges are what a funding spread is made of: short where longs pay the most, long where they pay the least, and collect the difference every settlement — minus the cost of entering both legs.
FAQ
What is a funding rate?
A periodic payment between long and short holders of a perpetual that keeps its price near the spot price. Positive: longs pay shorts; negative: shorts pay longs.
How is the annualized rate computed?
The rate per settlement times the number of settlements in a year — 1095 for an 8h interval — in percent. It is a comparison figure, not a forecast.
Why does the rate differ between exchanges?
Each exchange computes its own rate from its own order flow and interval. The differences are what funding arbitrage lives on.