TSM perpetuals
Compare funding costs for one asset across venues.
Data as of 2026-09-09 13:54 UTC
TSM is quoted on 6 contracts. The highest funding rate is on Lighter at +3.50% annualised over a 8h rate period, and the lowest is on OKX at 0.00% — a gap of 3.50 points. Rate periods differ by venue, so rates are normalised to simple annualised values. Payment direction depends on whether the position is long or short.
Highest rate now
+3.50%
Lighter · 8h
Lowest rate now
0.00%
OKX · 8h
Spread
3.50
points
Highest 30d realised APR
+5.61%
Gate
By venue
| Venue | Rate | Annualised | 30d realised APR | Max leverage | 24h turnover | Actions |
|---|---|---|---|---|---|---|
| LighterOn-chainTSM | +0.0032%8h | +3.50% | — no history yet |
10x | 82.0K | |
| AsterOn-chainTSMUSDT | 0.0000%8h | 0.00% | — no history yet |
— | 18.7K | |
| BitgetCentralisedTSMUSDT | 0.0000%8h | 0.00% | — no history yet |
20x | 1.0M | |
| BybitCentralisedTSMUSDT | 0.0000%8h | 0.00% | — no history yet |
50x | 1.6M | |
| GateCentralisedTSM_USDT | 0.0000%8h | 0.00% | +5.61% |
100x | 1.7M | |
| OKXCentralisedTSM-USDT-SWAP | 0.0000%8h | 0.00% | — no history yet |
20x | 1.4M |
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. Contracts can use different quote currencies, settlement currencies and multipliers; check their specifications 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.
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Margin ladders
Lighter · TSM No deduction
| Tier | Range | Maintenance rate | Max leverage | Deduction |
|---|---|---|---|---|
| 1 | 0 – ∞ quote | 6.0000% | 10.00x | — |
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 |
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 | — |