TSM funding rate on Phoenix
Over the last 0.7 days, TSM funding on Phoenix averaged +32.3% APR and stayed positive 94.4% of the time, ranging from +0.0% to +46.6%. Right now it pays longs pay shorts at +40.2% APR, settled every 1h across 7 venues we track. The most reliable delta-neutral pairing for TSM right now is long Variational / short Grvt at +46.7% net APR (low risk, ~0.4d to break even).
TSM funding history on Phoenixlast 1d
- Backtested (30d)
- +30.6%
- Stability
- 79.9%
- Risk
- low
- Breakeven
- ~0.4d
Ranked by 30-day reliability (backtest × stability × risk) — the spread that holds, not just the widest current rate.
Open this tradeNot ready to trade? Get a Telegram ping when TSM's delta-neutral funding APR spikes — no sign-up, no wallet needed. The bot confirms your exact watch level.
How TSM funding compares across venues
Frequently asked
What is the current TSM funding rate on Phoenix?
TSM on Phoenix is funding at 40.21% APR (0.0046% every 1h), paid longs pay shorts, as of 2026-07-29 10:36 UTC.
How often does Phoenix pay funding on TSM?
Every 1 hour.
How do I earn TSM funding without price risk?
Open a delta-neutral position: long Variational and short Grvt, currently 46.7% net APR (low risk). The two legs cancel price exposure so you keep the funding spread.