TSM funding rates

TSM perpetual funding is currently quoted across 5 venues, ranging from +0.0% to +21.8% APR. The most reliable delta-neutral pairing for TSM right now is long Lighter / short Grvt at +13.9% net APR (high risk, ~2.4d to break even).

as of 2026-06-12 07:47 UTC
Best delta-neutral pairing
Long Lighter / Short Grvt
+13.9% net APR
Backtested (30d)
+12.0%
Stability
76.3%
Risk
high
Breakeven
~2.4d

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+21.79%
TradeXYZ+5.48%
Lighter+3.50%
Variational+0.00%
Aster+0.00%

Frequently asked

What is the TSM funding rate right now?

TSM perpetual funding ranges from 0.00% to 21.79% APR across 5 exchanges we track; the widest delta-neutral spread is long Lighter / short Grvt at 13.9% net APR.

Which exchange has the highest TSM funding rate?

Grvt currently has the highest at 21.79% APR. See the full ranking above.