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TSM perpetuals

Compare funding costs for one asset across venues.

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

TSM is quoted on 6 contracts. The highest funding rate is on OKX at +15.66% annualised, quoted per 8h, and the lowest is on Gate at 0.00% — a gap of 15.66 points. Every contract here quotes its rate per 8h.

Highest rate now
+15.66%
OKX · 8h
Lowest rate now
0.00%
Gate · 8h
Spread
15.66
points
Highest 30d realised APR
+3.94%
Bitget

By venue

Venue Rate Annualised 30d realised APR Max leverage 24h turnover Actions
OKXCentralisedTSM-USDT-SWAP +0.0143%8h +15.66% +2.20%
Annualised · +2.20% · range 0.0% … +21.0% · 90 settlements
20x 4.3M
Liquidation → Trade
LighterOn-chainTSM +0.0032%8h +3.50% —
no history yet
 10x 339.1K
Liquidation → Trade
AsterOn-chainTSMUSDT 0.0000%8h 0.00% —
no history yet
 20x 21.0K
Liquidation → Trade
BitgetCentralisedTSMUSDT 0.0000%8h 0.00% +3.94%
Annualised · +3.94% · range -41.2% … +36.2% · 90 settlements
20x 4.5M
Liquidation → Trade
BybitCentralisedTSMUSDT 0.0000%8h 0.00% -0.02%
Annualised · -0.02% · range -9.4% … +7.8% · 90 settlements
50x 1.0M
Liquidation → Trade
GateCentralisedTSM_USDT 0.0000%8h 0.00% +0.82%
Annualised · +0.82% · range 0.0% … +20.8% · 90 settlements
100x 2.1M
Liquidation → Trade

Common questions

Which exchanges list TSM perpetual futures?

TSM trades as 6 perpetual contracts across 6 venues: Aster, Bitget, Bybit, Gate, Lighter and OKX. The busiest is Bitget, with $4.5M of 24h turnover — 37% of the total.

Where is TSM funding cheapest right now?

For a long, the most favourable collected rate is 0.00% annualised on Gate; for a short, it is +15.66% on OKX — a gap of 15.66 points.

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

At current rates a 10,000 USDT long pays about +4.29 USDT a day on OKX and 0.00 USDT on Gate. Over the past 30 days OKX actually settled an average of +0.60 USDT a day on the same position.

How often does TSM funding settle?

It depends on the venue: Lighter every 1h; Aster, Bitget, Bybit, Gate and OKX every 8h.

What has TSM funding actually paid over the past 30 days?

The highest realised figure was on Bitget: +3.94% annualised across 90 settlements, 3% of them negative. The lowest was Bybit, at -0.02%. 4 of the 6 contracts have at least a week of settled history to measure.

What is the highest leverage available on TSM?

The highest collected cap is 100x, on Gate. On Gate it applies up to 5K USDT of notional; above that the cap drops to 75x.

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

TSM comparison scope and payment direction

This page retains low-turnover TSM 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. These contracts quote in USD and USDT; check each specification for settlement currency and multiplier before comparing. Annualisation method · Official sources.

Rates and chart methodology

Annualised over the window sums what actually settled on that contract, then extrapolates across the hours those settlements covered — it is not today's rate projected forward. A contract listed less than 30 days ago is extrapolated from its own span. The grey line is zero: above it longs pay, below it shorts pay. Every row in that column shares one vertical scale, so their swings can be compared directly.

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

OKX · TSM-USDT-SWAP No deduction

Tier Range Maintenance rate Max leverage Deduction
1 0 – 95 base 2.0000% 20.00x —
2 95.01 – 190 base 3.0000% 15.00x —
3 190.01 – 285 base 4.0000% 12.50x —
4 285.01 – 380 base 4.5000% 11.76x —
5 380.01 – 475 base 5.0000% 11.11x —
6 475.01 – 570 base 5.5000% 10.52x —
7 570.01 – 665 base 6.0000% 10.00x —
8 665.01 – 760 base 6.5000% 9.52x —
9 760.01 – 855 base 7.0000% 9.09x —
10 855.01 – 950 base 7.5000% 8.69x —
11 950.01 – 1045 base 8.0000% 8.33x —
12 1045.01 – 1140 base 8.5000% 8.00x —
13 1140.01 – 1235 base 9.0000% 7.69x —
14 1235.01 – 1330 base 9.5000% 7.40x —
15 1330.01 – 1425 base 10.0000% 7.14x —
16 1425.01 – 1520 base 10.5000% 6.89x —
17 1520.01 – 1615 base 11.0000% 6.66x —
18 1615.01 – 1710 base 11.5000% 6.45x —
19 1710.01 – 1805 base 12.0000% 6.25x —
20 1805.01 – 1900 base 12.5000% 6.06x —
21 1900.01 – 1995 base 13.0000% 5.88x —
22 1995.01 – 2090 base 13.5000% 5.71x —
23 2090.01 – 2185 base 14.0000% 5.55x —
24 2185.01 – 2280 base 14.5000% 5.40x —
25 2280.01 – 2375 base 15.0000% 5.26x —
26 2375.01 – 2470 base 15.5000% 5.12x —
27 2470.01 – 2565 base 16.0000% 5.00x —
28 2565.01 – 2660 base 16.5000% 4.87x —
29 2660.01 – 2755 base 17.0000% 4.76x —
30 2755.01 – 2850 base 17.5000% 4.65x —
31 2850.01 – 2945 base 18.0000% 4.54x —
32 2945.01 – 3040 base 18.5000% 4.44x —
33 3040.01 – 3135 base 19.0000% 4.34x —
34 3135.01 – 3230 base 19.5000% 4.25x —
35 3230.01 – 3325 base 20.0000% 4.16x —
36 3325.01 – 3420 base 20.5000% 4.08x —
37 3420.01 – 3515 base 21.0000% 4.00x —
38 3515.01 – 3610 base 21.5000% 3.92x —
39 3610.01 – 3705 base 22.0000% 3.84x —
40 3705.01 – 3800 base 22.5000% 3.77x —
41 3800.01 – 3895 base 23.0000% 3.70x —
42 3895.01 – 3990 base 23.5000% 3.63x —
43 3990.01 – 4085 base 24.0000% 3.57x —
44 4085.01 – 4180 base 24.5000% 3.50x —
45 4180.01 – 4275 base 25.0000% 3.44x —
46 4275.01 – 4370 base 25.5000% 3.38x —
47 4370.01 – 4465 base 26.0000% 3.33x —
48 4465.01 – 4560 base 26.5000% 3.27x —
49 4560.01 – 4655 base 27.0000% 3.22x —
50 4655.01 – 4750 base 27.5000% 3.17x —
51 4750.01 – 4845 base 28.0000% 3.12x —
52 4845.01 – 4940 base 28.5000% 3.07x —
53 4940.01 – 5035 base 29.0000% 3.03x —
54 5035.01 – 5130 base 29.5000% 2.98x —
55 5130.01 – 5225 base 30.0000% 2.94x —
56 5225.01 – 5320 base 30.5000% 2.89x —
57 5320.01 – 5415 base 31.0000% 2.85x —
58 5415.01 – 5510 base 31.5000% 2.81x —
59 5510.01 – 5605 base 32.0000% 2.77x —
60 5605.01 – 5700 base 32.5000% 2.73x —
61 5700.01 – 5795 base 33.0000% 2.70x —
62 5795.01 – 5890 base 33.5000% 2.66x —
63 5890.01 – 5985 base 34.0000% 2.63x —
64 5985.01 – 6080 base 34.5000% 2.59x —
65 6080.01 – 6175 base 35.0000% 2.56x —
66 6175.01 – 6270 base 35.5000% 2.53x —
67 6270.01 – 6365 base 36.0000% 2.50x —
68 6365.01 – 6460 base 36.5000% 2.46x —
69 6460.01 – 6555 base 37.0000% 2.43x —
70 6555.01 – 6650 base 37.5000% 2.40x —
71 6650.01 – 6745 base 38.0000% 2.38x —
72 6745.01 – 6840 base 38.5000% 2.35x —
73 6840.01 – 6935 base 39.0000% 2.32x —
74 6935.01 – 7030 base 39.5000% 2.29x —
75 7030.01 – 7125 base 40.0000% 2.27x —
76 7125.01 – 7220 base 40.5000% 2.24x —
77 7220.01 – 7315 base 41.0000% 2.22x —
78 7315.01 – 7410 base 41.5000% 2.19x —
79 7410.01 – 7505 base 42.0000% 2.17x —
80 7505.01 – 7600 base 42.5000% 2.15x —
81 7600.01 – 7695 base 43.0000% 2.12x —
82 7695.01 – 7790 base 43.5000% 2.10x —
83 7790.01 – 7885 base 44.0000% 2.08x —
84 7885.01 – 7980 base 44.5000% 2.06x —
85 7980.01 – 8075 base 45.0000% 2.04x —
86 8075.01 – 8170 base 45.5000% 2.02x —
87 8170.01 – 8265 base 46.0000% 2.00x —

Lighter · TSM No deduction

Tier Range Maintenance rate Max leverage Deduction
1 0 – ∞ quote 6.0000% 10.00x —

Aster · TSMUSDT With deduction

Tier Range Maintenance rate Max leverage Deduction
1 0 – 1000000 quote 2.5000% 20.00x —
2 1000000 – 2000000 quote 5.0000% 10.00x 25000
3 2000000 – 5000000 quote 10.0000% 5.00x 125000
4 5000000 – 10000000 quote 12.5000% 4.00x 250000
5 10000000 – 20000000 quote 16.6700% 3.00x 667000
6 20000000 – 40000000 quote 25.0000% 2.00x 2333000
7 40000000 – 1000000000 quote 50.0000% 1.00x 12333000

Bitget · TSMUSDT 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 17.0000% 3.00x —
7 25000000 – 50000000 quote 30.0000% 2.00x —
8 50000000 – ∞ quote 60.0000% 1.00x —

Bybit · TSMUSDT With deduction

Tier Range Maintenance rate Max leverage Deduction
1 0 – 30000 quote 1.0000% 50.00x —
2 30000 – 40000 quote 1.2500% 40.00x 75
3 40000 – 60000 quote 1.6700% 30.00x 243
4 60000 – 75000 quote 2.0000% 25.00x 441
5 75000 – 90000 quote 2.0800% 24.00x 501
6 90000 – 105000 quote 2.1700% 23.00x 582
7 105000 – 120000 quote 2.2700% 22.00x 687
8 120000 – 150000 quote 2.3800% 21.00x 819
9 150000 – 200000 quote 2.5000% 20.00x 999
10 200000 – 270000 quote 2.6300% 19.00x 1259
11 270000 – 390000 quote 2.7800% 18.00x 1664
12 390000 – 510000 quote 2.9400% 17.00x 2288
13 510000 – 630000 quote 3.1300% 16.00x 3257
14 630000 – 750000 quote 3.3300% 15.00x 4517
15 750000 – 900000 quote 3.5700% 14.00x 6317
16 900000 – 1237500 quote 3.8500% 13.00x 8837
17 1237500 – 1575000 quote 4.1700% 12.00x 12797
18 1575000 – 1912500 quote 4.5500% 11.00x 18782
19 1912500 – 3000000 quote 5.0000% 10.00x 27388.25
20 3000000 – 3600000 quote 5.5600% 9.00x 44188.25
21 3600000 – 4200000 quote 6.2500% 8.00x 69028.25
22 4200000 – 4800000 quote 7.1400% 7.00x 106408.25
23 4800000 – 5400000 quote 8.3300% 6.00x 163528.25
24 5400000 – 10000000 quote 10.0000% 5.00x 253708.25
25 10000000 – 20000000 quote 12.5000% 4.00x 503708.25
26 20000000 – 30000000 quote 16.6700% 3.00x 1337708.25
27 30000000 – 40000000 quote 20.0000% 2.50x 2336708.25
28 40000000 – 50000000 quote 25.0000% 2.00x 4336708.25
29 50000000 – 70000000 quote 33.3300% 1.50x 8501708.25
30 70000000 – ∞ quote 50.0000% 1.00x 20170708.25

Gate · TSM_USDT With deduction

Tier Range Maintenance rate Max leverage Deduction
1 0 – 5000 quote 0.5000% 100.00x —
2 5000 – 10000 quote 0.7500% 75.00x 12.5
3 10000 – 20000 quote 1.0000% 50.00x 37.5
4 20000 – 50000 quote 1.5000% 40.00x 137.5
5 50000 – 100000 quote 2.0000% 25.00x 387.5
6 100000 – 200000 quote 3.0000% 20.00x 1387.5
7 200000 – 500000 quote 5.0000% 10.00x 5387.5
8 500000 – 1000000 quote 10.0000% 5.00x 30387.5
9 1000000 – 1500000 quote 20.0000% 3.00x 130387.5
10 1500000 – 2500000 quote 30.0000% 2.00x 280387.5
11 2500000 – 4000000 quote 40.0000% 1.50x 530387.5
12 4000000 – ∞ quote 60.0000% 1.05x 1330387.5