# TSM Funding Rates

As of 2026-10-03 06:57 UTC, TSM perpetual funding averages -0.0013% per 8 hours (-1.43% APR) across all 17 exchanges that list it, weighted by 24h volume (median 0.0000%). Highest: Deepcoin at 0.0119% per 8h (13.03% APR). Lowest: WhiteBIT at -0.0117% per 8h (-12.81% APR). Going long on WhiteBIT and short on Deepcoin collects a gross spread of 0.0236% per 8 hours (25.84% APR) before fees.

## Funding rate by exchange

| Exchange | Market | Funding rate | Interval | APR | Next funding |
| --- | --- | --- | --- | --- | --- |
| [Deepcoin](https://arbtide.com/funding-rates/tsm/deepcoin) | [TSM/USDT:USDT](https://www.deepcoin.com/en/swap/TSM-USDT) | 0.0119% | 8h | 13.03% | — |
| [WOOFi Pro](https://arbtide.com/funding-rates/tsm/woofipro) | [TSM/USDC:USDC](https://pro.woofi.com/en/trade/TSM_PERP) | 0.0100% | 8h | 10.95% | 2026-10-03 08:00 UTC |
| [Lighter](https://arbtide.com/funding-rates/tsm/lighter) | [TSM/USDC:USDC](https://app.lighter.xyz/trade/TSM) | 0.0032% | 8h | 3.50% | — |
| [Binance](https://arbtide.com/funding-rates/tsm/binance) | [TSM/USDT:USDT](https://www.binance.com/en/futures/TSMUSDT) | 0.0000% | 8h | 0.00% | 2026-10-03 08:00 UTC |
| [OKX](https://arbtide.com/funding-rates/tsm/okx) | [TSM/USDT:USDT](https://www.okx.com/trade-swap/tsm-usdt-swap) | 0.0000% | 8h | 0.00% | 2026-10-03 08:00 UTC |
| [Bitget](https://arbtide.com/funding-rates/tsm/bitget) | [TSM/USDT:USDT](https://www.bitget.com/futures/usdt/TSMUSDT) | 0.0000% | 8h | 0.00% | — |
| [Gate](https://arbtide.com/funding-rates/tsm/gate) | [TSM/USDT:USDT](https://www.gate.com/futures/USDT/TSM_USDT) | 0.0000% | 8h | 0.00% | 2026-10-03 08:00 UTC |
| [KuCoin](https://arbtide.com/funding-rates/tsm/kucoin) | [TSM/USDT:USDT](https://www.kucoin.com/trade/futures/TSMUSDTM) | 0.0000% | 8h | 0.00% | 2026-10-03 08:00 UTC |
| [HTX](https://arbtide.com/funding-rates/tsm/htx) | [TSM/USDT:USDT](https://www.htx.com/futures/linear_swap/exchange#contract_code=TSM-USDT&contract_type=swap&type=cross) | 0.0000% | 8h | 0.00% | 2026-10-03 08:00 UTC |
| [BTSE](https://arbtide.com/funding-rates/tsm/btse) | [TSM/USDT:USDT](https://www.btse.com/en/futures/TSM-PERP) | 0.0000% | 8h | 0.00% | — |
| [XT.COM](https://arbtide.com/funding-rates/tsm/xt) | [TSM/USDT:USDT](https://www.xt.com/en/futures/trade/tsm_usdt) | 0.0000% | 8h | 0.00% | 2026-10-03 08:00 UTC |
| [Toobit](https://arbtide.com/funding-rates/tsm/toobit) | [TSM/USDT:USDT](https://www.toobit.com/en-US/futures/TSM-SWAP-USDT) | 0.0000% | 8h | 0.00% | 2026-10-03 08:00 UTC |
| [Aster](https://arbtide.com/funding-rates/tsm/aster) | [TSM/USDT:USDT](https://www.asterdex.com/en/trade/pro/futures/TSMUSDT) | 0.0000% | 8h | 0.00% | — |
| [Extended](https://arbtide.com/funding-rates/tsm/extended) | [TSM/USDC:USDC](https://app.extended.exchange/perp/TSM-USD) | 0.0000% | 1h | 0.00% | 2026-10-03 07:00 UTC |
| [WEEX](https://arbtide.com/funding-rates/tsm/weex) | [TSM/USDT:USDT](https://www.weex.com/futures/TSM-USDT) | -0.0039% | 8h | -4.23% | 2026-10-03 06:57 UTC |
| [Bybit](https://arbtide.com/funding-rates/tsm/bybit) | [TSM/USDT:USDT](https://www.bybit.com/trade/usdt/TSMUSDT) | -0.0115% | 8h | -12.59% | 2026-10-03 08:00 UTC |
| [WhiteBIT](https://arbtide.com/funding-rates/tsm/whitebit) | [TSM/USDT:USDT](https://whitebit.com/trade/TSM-PERP?type=futures) | -0.0117% | 8h | -12.81% | 2026-10-03 08:00 UTC |

## Frequently asked questions

### Is the TSM funding rate positive right now?

Mostly no. TSM funding is positive on 3 of the 17 exchanges, which means longs are paying shorts on those venues.

### Which exchange has the highest TSM funding rate?

Deepcoin at 0.0119% per 8h (13.03% APR). The lowest is WhiteBIT at -0.0117% per 8h (-12.81% APR).

### What is the TSM funding arbitrage spread?

The gross spread is 0.0236% per 8 hours (25.84% APR): long TSM on WhiteBIT and short on Deepcoin. Trading fees, slippage and price basis reduce the net return.

### How often is TSM funding paid?

TSM funding is paid every 8 hours on Deepcoin, WOOFi Pro, Lighter, Binance, OKX, Bitget, Gate, KuCoin, HTX, BTSE, XT.COM, Toobit, Aster, WEEX, Bybit, and WhiteBIT; every hour on Extended. Rates on this page are also shown as APR so they can be compared directly.