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TMF perpetuals

Compare funding costs for one asset across venues.

Data as of 2026-10-15 04:09 UTC

TMF is quoted on 4 contracts. The highest funding rate is on Bitget at +47.96% annualised, quoted per 8h, and the lowest is on Bybit at -114.95% — a gap of 162.91 points. Every contract here quotes its rate per 8h.

Highest rate now
+47.96%
Bitget · 8h
Lowest rate now
-114.95%
Bybit · 8h
Spread
162.91
points

By venue

Venue Rate Annualised 30d realised APR Max leverage 24h turnover Actions
BitgetCentralisedTMFUSDT +0.0438%8h +47.96% —
no history yet
20x 219.4K
GateCentralisedTMF_USDT -0.0463%8h -50.70% —
no history yet
20x 50.4K
OKXCentralisedTMF-USDT-SWAP -0.0944%8h -103.42% —
no history yet
20x 742.5K
BybitCentralisedTMFUSDT -0.1050%8h -114.95% —
no history yet
25x 172.4K

Common questions

Which exchanges list TMF perpetual futures?

TMF trades as 4 perpetual contracts across 4 venues: Bitget, Bybit, Gate and OKX. The busiest is OKX, with $742.5K of 24h turnover — 63% of the total.

Where is TMF funding cheapest right now?

For a long, the most favourable collected rate is -114.95% annualised on Bybit; for a short, it is +47.96% on Bitget — a gap of 162.91 points. Venues disagree on direction: a long is paid on Bybit but pays on Bitget.

How much funding does a 10,000 USDT TMF position pay per day?

At current rates a 10,000 USDT long pays about +13.14 USDT a day on Bitget and -31.49 USDT on Bybit. A negative figure means the long is paid.

How often does TMF funding settle?

Every venue collected here settles TMF funding every 8h, 3 times a day.

What is the highest leverage available on TMF?

The highest collected cap is 25x, on Bybit. On Bybit it applies up to 30K USDT of notional; above that the cap drops to 24x.

Further readingCross-venue funding spreads: from gross rates to net P&LHow funding fees work: amounts, signs and settlementHow liquidation price is calculated: tiered maintenance margin and deductions

TMF comparison scope and payment direction

This page retains low-turnover TMF contracts without the main ranking’s $1M threshold. Positive funding is paid by longs; negative funding is paid by shorts. High and low are rate values, not recommendations. Annualisation method · Official sources.

Trading link disclosure

Affiliate disclosure: We may earn a commission if you register and trade through some links. Partnerships do not influence the data displayed or rankings.

Margin ladders

Bitget · TMFUSDT No deduction

Tier Range Maintenance rate Max leverage Deduction
1 0 – 100000 quote 2.5000% 20.00x —
2 100000 – 500000 quote 4.0000% 15.00x —
3 500000 – 2000000 quote 5.0000% 10.00x —
4 2000000 – 5000000 quote 10.0000% 5.00x —
5 5000000 – 10000000 quote 12.5000% 4.00x —
6 10000000 – 25000000 quote 30.0000% 2.00x —
7 25000000 – ∞ quote 60.0000% 1.00x —

Gate · TMF_USDT With deduction

Tier Range Maintenance rate Max leverage Deduction
1 0 – 5000 quote 2.5000% 20.00x —
2 5000 – 10000 quote 3.0000% 16.00x 25
3 10000 – 20000 quote 3.5000% 14.00x 75
4 20000 – 30000 quote 4.0000% 12.00x 175
5 30000 – 50000 quote 5.0000% 10.00x 475
6 50000 – 70000 quote 6.5000% 8.00x 1225
7 70000 – 100000 quote 8.0000% 6.00x 2275
8 100000 – 200000 quote 10.0000% 5.00x 4275
9 200000 – 300000 quote 15.0000% 4.00x 14275
10 300000 – 500000 quote 20.0000% 3.00x 29275
11 500000 – 1000000 quote 25.0000% 2.00x 54275
12 1000000 – 1500000 quote 40.0000% 1.50x 204275
13 1500000 – ∞ quote 70.0000% 1.05x 654275

OKX · TMF-USDT-SWAP No deduction

Tier Range Maintenance rate Max leverage Deduction
1 0 – 180 base 2.0000% 20.00x —
2 180.1 – 360 base 3.0000% 15.00x —
3 360.1 – 540 base 4.0000% 12.50x —
4 540.1 – 720 base 4.5000% 11.76x —
5 720.1 – 900 base 5.0000% 11.11x —
6 900.1 – 1080 base 5.5000% 10.52x —
7 1080.1 – 1260 base 6.0000% 10.00x —
8 1260.1 – 1440 base 6.5000% 9.52x —
9 1440.1 – 1620 base 7.0000% 9.09x —
10 1620.1 – 1800 base 7.5000% 8.69x —
11 1800.1 – 1980 base 8.0000% 8.33x —
12 1980.1 – 2160 base 8.5000% 8.00x —
13 2160.1 – 2340 base 9.0000% 7.69x —
14 2340.1 – 2520 base 9.5000% 7.40x —
15 2520.1 – 2700 base 10.0000% 7.14x —
16 2700.1 – 2880 base 10.5000% 6.89x —
17 2880.1 – 3060 base 11.0000% 6.66x —
18 3060.1 – 3240 base 11.5000% 6.45x —
19 3240.1 – 3420 base 12.0000% 6.25x —
20 3420.1 – 3600 base 12.5000% 6.06x —
21 3600.1 – 3780 base 13.0000% 5.88x —
22 3780.1 – 3960 base 13.5000% 5.71x —
23 3960.1 – 4140 base 14.0000% 5.55x —
24 4140.1 – 4320 base 14.5000% 5.40x —
25 4320.1 – 4500 base 15.0000% 5.26x —
26 4500.1 – 4680 base 15.5000% 5.12x —
27 4680.1 – 4860 base 16.0000% 5.00x —
28 4860.1 – 5040 base 16.5000% 4.87x —
29 5040.1 – 5220 base 17.0000% 4.76x —
30 5220.1 – 5400 base 17.5000% 4.65x —
31 5400.1 – 5580 base 18.0000% 4.54x —
32 5580.1 – 5760 base 18.5000% 4.44x —
33 5760.1 – 5940 base 19.0000% 4.34x —
34 5940.1 – 6120 base 19.5000% 4.25x —
35 6120.1 – 6300 base 20.0000% 4.16x —
36 6300.1 – 6480 base 20.5000% 4.08x —
37 6480.1 – 6660 base 21.0000% 4.00x —
38 6660.1 – 6840 base 21.5000% 3.92x —
39 6840.1 – 7020 base 22.0000% 3.84x —
40 7020.1 – 7200 base 22.5000% 3.77x —
41 7200.1 – 7380 base 23.0000% 3.70x —
42 7380.1 – 7560 base 23.5000% 3.63x —
43 7560.1 – 7740 base 24.0000% 3.57x —
44 7740.1 – 7920 base 24.5000% 3.50x —
45 7920.1 – 8100 base 25.0000% 3.44x —
46 8100.1 – 8280 base 25.5000% 3.38x —
47 8280.1 – 8460 base 26.0000% 3.33x —
48 8460.1 – 8640 base 26.5000% 3.27x —
49 8640.1 – 8820 base 27.0000% 3.22x —
50 8820.1 – 9000 base 27.5000% 3.17x —
51 9000.1 – 9180 base 28.0000% 3.12x —
52 9180.1 – 9360 base 28.5000% 3.07x —
53 9360.1 – 9540 base 29.0000% 3.03x —
54 9540.1 – 9720 base 29.5000% 2.98x —
55 9720.1 – 9900 base 30.0000% 2.94x —
56 9900.1 – 10080 base 30.5000% 2.89x —
57 10080.1 – 10260 base 31.0000% 2.85x —
58 10260.1 – 10440 base 31.5000% 2.81x —
59 10440.1 – 10620 base 32.0000% 2.77x —
60 10620.1 – 10800 base 32.5000% 2.73x —
61 10800.1 – 10980 base 33.0000% 2.70x —
62 10980.1 – 11160 base 33.5000% 2.66x —
63 11160.1 – 11340 base 34.0000% 2.63x —
64 11340.1 – 11520 base 34.5000% 2.59x —
65 11520.1 – 11700 base 35.0000% 2.56x —
66 11700.1 – 11880 base 35.5000% 2.53x —
67 11880.1 – 12060 base 36.0000% 2.50x —
68 12060.1 – 12240 base 36.5000% 2.46x —
69 12240.1 – 12420 base 37.0000% 2.43x —
70 12420.1 – 12600 base 37.5000% 2.40x —
71 12600.1 – 12780 base 38.0000% 2.38x —
72 12780.1 – 12960 base 38.5000% 2.35x —
73 12960.1 – 13140 base 39.0000% 2.32x —
74 13140.1 – 13320 base 39.5000% 2.29x —
75 13320.1 – 13500 base 40.0000% 2.27x —
76 13500.1 – 13680 base 40.5000% 2.24x —
77 13680.1 – 13860 base 41.0000% 2.22x —
78 13860.1 – 14040 base 41.5000% 2.19x —
79 14040.1 – 14220 base 42.0000% 2.17x —
80 14220.1 – 14400 base 42.5000% 2.15x —
81 14400.1 – 14580 base 43.0000% 2.12x —
82 14580.1 – 14760 base 43.5000% 2.10x —
83 14760.1 – 14940 base 44.0000% 2.08x —
84 14940.1 – 15120 base 44.5000% 2.06x —
85 15120.1 – 15300 base 45.0000% 2.04x —
86 15300.1 – 15480 base 45.5000% 2.02x —
87 15480.1 – 15660 base 46.0000% 2.00x —

Bybit · TMFUSDT With deduction

Tier Range Maintenance rate Max leverage Deduction
1 0 – 30000 quote 2.0000% 25.00x —
2 30000 – 39000 quote 2.0800% 24.00x 24
3 39000 – 51000 quote 2.1700% 23.00x 59.1
4 51000 – 66000 quote 2.2700% 22.00x 110.1
5 66000 – 86000 quote 2.3800% 21.00x 182.7
6 86000 – 110000 quote 2.5000% 20.00x 285.9
7 110000 – 145000 quote 2.6300% 19.00x 428.9
8 145000 – 190000 quote 2.7800% 18.00x 646.4
9 190000 – 245000 quote 2.9400% 17.00x 950.4
10 245000 – 315000 quote 3.1300% 16.00x 1415.9
11 315000 – 410000 quote 3.3300% 15.00x 2045.9
12 410000 – 535000 quote 3.5700% 14.00x 3029.9
13 535000 – 695000 quote 3.8500% 13.00x 4527.9
14 695000 – 905000 quote 4.1700% 12.00x 6751.9
15 905000 – 1200000 quote 4.5500% 11.00x 10190.9
16 1200000 – 1550000 quote 5.0000% 10.00x 15590.9
17 1550000 – 2000000 quote 5.5600% 9.00x 24270.9
18 2000000 – 2600000 quote 6.2500% 8.00x 38070.9
19 2600000 – 3350000 quote 7.1400% 7.00x 61210.9
20 3350000 – 4350000 quote 8.3300% 6.00x 101075.9
21 4350000 – 5650000 quote 10.0000% 5.00x 173720.9
22 5650000 – 7350000 quote 11.1100% 4.50x 236435.9
23 7350000 – 9600000 quote 12.5000% 4.00x 338600.9
24 9600000 – 12500000 quote 14.2900% 3.50x 510440.9
25 12500000 – 16000000 quote 16.6700% 3.00x 807940.9
26 16000000 – 21000000 quote 20.0000% 2.50x 1340740.9
27 21000000 – 27500000 quote 25.0000% 2.00x 2390740.9
28 27500000 – 35500000 quote 28.5700% 1.75x 3372490.9
29 35500000 – 46000000 quote 33.3300% 1.50x 5062290.9
30 46000000 – ∞ quote 50.0000% 1.00x 12730490.9