TSM funding rates

TSM perpetual funding is currently quoted across 7 venues, ranging from +3.5% to +106.0% APR. The most reliable delta-neutral pairing for TSM right now is long Aster / short Grvt at +78.2% net APR (medium risk, ~1.7d to break even).

as of 2026-07-29 10:02 UTC
Best delta-neutral pairing
Long Aster / Short Grvt
+78.2% net APR
Backtested (30d)
+23.0%
Stability
81%
Risk
medium
Breakeven
~1.7d

Ranked by 30-day reliability (backtest × stability × risk) — the spread that holds, not just the widest current rate.

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TSM funding by exchange

ExchangeFunding APR
Grvt+106.00%
Phoenix+40.21%
TradeXYZ+35.14%
Variational+24.18%
SoDEX+5.47%
Aster+3.57%
Lighter+3.50%

Frequently asked

What is the TSM funding rate right now?

TSM perpetual funding ranges from 3.50% to 106.00% APR across 7 exchanges we track; the widest delta-neutral spread is long Aster / short Grvt at 78.2% net APR.

Which exchange has the highest TSM funding rate?

Grvt currently has the highest at 106.00% APR. See the full ranking above.