TSM funding rates and arbitrage

TSM perpetuals trade on 13 contracts across 13 venues, forming 78 cross-venue arbitrage pairs. By net APR the current best pair is long Coinbase against short Bitget, netting +31.32%, though note the legs settle on different cadences (1h / 8h)ใ€‚

TSM perpetual funding rates by venue

APR = current rate ร— (24 รท settlement interval) ร— 365. Venues settle on different cadences, so rates must be annualised before comparing.

VenueContractMarginSettlementCurrent rateAPR24h avg APR24h volumeMark
BitgetTSMUSDTUSDT8h0.0182%+19.93%+15.86%$4.6M427.120
OKXTSM-USDT-SWAPUSDT8h0.0000%0.00%+14.59%$3.3M427.180
GateTSM_USDTUSDT8h0.0000%0.00%+0.18%$2.6M427.150
WhiteBITTSM_PERPUSDT8h0.0100%+10.95%+19.91%$1.9M427.040
BybitTSMUSDTUSDT8h0.0061%+6.68%+10.50%$950K427.100
MEXCTSMSTOCK_USDTUSDT8h0.0000%0.00%+12.79%$904K426.880
KuCoinTSMUSDTMUSDT8h0.0000%0.00%+5.06%$692K427.170
DeribitTSM_USDC-PERPETUALUSDC8h0.0112%+12.28%+18.12%$352K426.710
LighterTSMUSDC1h0.0009%+7.88%+12.48%$114K427.090
AsterTSMUSDTUSDT8h0.0000%0.00%0.00%$38K427.180
HTXTSM-USDTUSDT8h0.0000%0.00%0.00%$6K427.325
Crypto.comTSMUSD-PERPUSD4h-0.0020%-4.38%-3.19%$6K426.200
CoinbaseTSM-PERPUSDC1h-0.0013%-11.39%-11.39%$0457.990

TSM cross-venue arbitrage pairs

Short the higher-APR leg and go long the lower one; net APR = short leg โˆ’ long leg.

LongShortNet APRDaily24h avgSettlementLiquidity
Coinbase USDCBitget USDT+31.32%0.0858%+27.25%1h / 8h$0
Crypto.com USDBitget USDT+24.31%0.0666%+19.05%4h / 8h$6K
Coinbase USDCDeribit USDC+23.67%0.0648%+29.51%1h / 8h$0
Coinbase USDCWhiteBIT USDT+22.34%0.0612%+31.30%1h / 8h$0
Aster USDTBitget USDT+19.93%0.0546%+15.86%8h matched$38K
Gate USDTBitget USDT+19.93%0.0546%+15.68%8h matched$2.6M
HTX USDTBitget USDT+19.93%0.0546%+15.86%8h matched$6K
KuCoin USDTBitget USDT+19.93%0.0546%+10.80%8h matched$692K
MEXC USDTBitget USDT+19.93%0.0546%+3.08%8h matched$904K
OKX USDTBitget USDT+19.93%0.0546%+1.27%8h matched$3.3M
Coinbase USDCLighter USDC+19.27%0.0528%+23.87%1h matched$0
Coinbase USDCBybit USDT+18.06%0.0495%+21.89%1h / 8h$0

Taiwan Semiconductor Manufacturing โ€ข Robinhood Token project profile

Key facts
Total
3,235
Max supply
unlimited
Type
Token
Market cap rank
#2677
Tokenized AssetsAvalanche EcosystemArbitrum EcosystemTokenized StocksEthereum EcosystemReal World Assets (RWA)Base EcosystemDinari Ecosystem
Contract addresses
ethereum0x32d96cb21be0274d66d20e78bb9f35d66438c912
base0x11b5d2e647411ebb87ade3277e77133a930c2e18
arbitrum0xc40631e33d58a1fe2d689f2c27706cda2aefbdf6
avalanche0x32d96cb21be0274d66d20e78bb9f35d66438c912

Reference data from CoinGecko, independent of the rate data on this site. We do not verify or endorse what these links contain.

Funding rates for other coins

Snapshot taken 2026-10-19 15:35 UTC; the page regenerates every minute. For live data, history charts and filters, open the live dashboard, or browse All coins.