TMF funding rates
TMF perpetual funding across 5 venues. Rates are annualized (APR); positive means longs pay shorts.
· refreshed every 5 min
- Best pair · 7d
- 33.8%long Bitget, short Bybit · net 27.8%
- Highest funding now
- 14.2%MxMEXCCEX
- Lowest funding now
- 0.0%BgBitgetCEX
- Listed on
- 5 venues
Funding by venue
| 7d chart | Flags | Open | |||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| MxMEXCCEX | TMF_USDT | 14.2% | 1.7% | 11.0% | 16.9% | 12.5% | 18% | 8h | 08:00 | 26.17 | $639k | $99k | TradFi | MxMEXC | |
| ByBybitCEX | TMFUSDT | 10.8% | 4.7% | 32.6% | 19.3% | 37.2% | 38% | 8h | 08:00 | 26.19 | $1.2M | $21k | TradFi | ByBybit | |
| VaVariational | TMF | 10.2% | 1.2% | 9.3% | 15.3% | 10.7% | 27% | 8h | — | 26.16 | $32k | $9k | TradFi | VaVariational | |
| BgBitgetCEX | TMFUSDT | 0.0% | 0.0% | −1.3% | 0.3% | −1.5% | 5% | 8h | 08:00 | 26.19 | $800k | $106k | TradFi | BgBitget | |
| GtGateCEX | TMF_USDT | 0.0% | 0.0% | 0.0% | 0.4% | 0.0% | 0% | 8h | 08:00 | 26.17 | $275k | $9k | TradFi | GtGate |
Sparklines: hourly funding APR over the last 7 days, zero line dashed.
Long/short pairs
| Spread APR | After taker fees | Quality | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 7d trend | Flags | Open | Calc | |||||||||||
| BgBitgetCEX | ByBybitCEX | 10.8% | 4.7% | 33.8% | 19.0% | 27.8% | 41.8% | 2.5d | steady | $800k | TradFi | BgBy | calc | |
| GtGateCEX | ByBybitCEX | 10.8% | 4.7% | 32.6% | 19.0% | 25.8% | 38.7% | 2.9d | steady | $275k | TradFi | GtBy | calc | |
| MxMEXCCEX | ByBybitCEX | −3.4% | 2.9% | 21.6% | 2.4% | 17.7% | 26.5% | 2.5d | cooling | $639k | TradFi | MxBy | calc | |
| VaVariational | ByBybitCEX | 0.6% | 3.4% | 23.3% | 4.0% | 20.4% | 30.6% | 1.7d | steady | $32k | low OITradFispread not incl. | VaBy | calc | |
| BgBitgetCEX | MxMEXCCEX | 14.2% | 1.7% | 12.3% | 16.6% | 8.1% | 12.1% | 4.8d | steady | $639k | TradFi | BgMx | calc | |
| GtGateCEX | MxMEXCCEX | 14.2% | 1.7% | 11.0% | 16.6% | 6.0% | 9.1% | 6.3d | steady | $275k | TradFi | GtMx | calc | |
| BgBitgetCEX | VaVariational | 10.2% | 1.2% | 10.6% | 15.0% | 7.5% | 11.2% | 4.1d | steady | $32k | low OITradFispread not incl. | BgVa | calc | |
| GtGateCEX | VaVariational | 10.2% | 1.2% | 9.3% | 14.9% | 5.4% | 8.1% | 5.9d | steady | $32k | low OITradFispread not incl. | GtVa | calc | |
| VaVariational | MxMEXCCEX | 4.0% | 0.5% | 1.7% | 1.6% | 0.6% | 0.9% | 8.7d | weak | $32k | low OITradFispread not incl. | VaMx | calc | |
| BgBitgetCEX | GtGateCEX | 0.0% | 0.0% | 1.3% | 0.1% | −5.8% | −8.7% | 77d | weak | $275k | TradFi | BgGt | calc | |
| ByBybitCEX | MxMEXCCEX | 3.4% | −2.9% | −21.6% | −2.4% | −25.5% | −38.2% | — | mixed | $639k | TradFi | ByMx | calc | |
What the columns and badges mean
- now
- Current funding spread APR: short-leg rate minus long-leg rate, annualized.
- 24h
- Average spread APR over the last 24 hours, on hours when both venues have data (settled funding, plus predicted rates for hours not settled yet).
- 7d
- Average spread APR over the last 7 days, on hours when both venues have data (settled funding, plus predicted rates for hours not settled yet). Used for ranking and net APR.
- 30d
- Average spread APR over the last 30 days, on hours when both venues have data (settled funding, plus predicted rates for hours not settled yet).
- 7d trend
- Spread APR over the last 7 days in 6-hour averages; the dashed line is zero.
- Net APR
- 7d spread APR minus taker fees to open and close both legs, spread over the holding period: net = spread7d − fees × 365 / days. Per unit of notional per leg.
- On capital
- Net APR on the capital posted for both legs at this leverage: net × leverage / 2.
- Breakeven
- Days of 7d-average funding needed to pay back open+close taker fees.
- Min OI
- Smaller open interest of the two legs, USD.
- steady
- Steady: prior-week spread at least 5% APR, last 24h positive and no spike, positive now. Not negative in X% of hours over 7 days.
- spike
- The last 24h spread is far above the prior 6-day average (more than 3×, or above 15% APR after a weak prior) — it may not last.
- mixed
- The spread was negative too often: not negative in only X% of hours over 7 days.
- new
- Less than 4 days of shared history in the prior week: stability cannot be judged yet.
- weak
- Prior-week spread under 5% APR: too small to call steady.
- cooling
- The prior week was solid, but the last 24h or the current spread is not positive.
- ≠ asset?
- Mark prices differ by N bps — these may be different assets under one ticker, or contracts of a different size (e.g. per 1,000 coins). Verify before trading.
- stale
- At least one leg has not updated for over 30 minutes.
- low OI
- Open interest under $50k on at least one leg — size carefully.
- 8h/1h
- Funding intervals differ (8h vs 1h): payments are not simultaneous.
- TradFi
- Tokenized stock, index or commodity: trading sessions and oracle rules may differ.
- invite only
- Invite-only venue: an account needs an invite code, so it is not selected by default. Tick it in the venue filter to include it.
- spread not incl.
- A leg trades on quotes with no fee (Variational): the cost is the market maker's quote spread, which we cannot see, so the net APR is before it. Compare the quote with the mark price before you trade.
- CEX
- Centralized exchange: trading needs an account with identity verification (KYC).
Prices now
Buy on the row's venue at its ask, sell on the column's venue at its bid; spread before fees.Indicative · marks from 2026-10-12 04:01 UTC
Live quotes are unavailable right now (last update: never). Shown instead: indicative spreads between mark prices from the funding snapshot. Marks are taken minutes apart and are not prices you can trade at.
TMF · TradFi
No two venues give a usable spread right now.
| Buy ↓ · Sell → | BgBitget26.192 | ByBybit26.19 | GtGate26.17 | MxMEXC26.17 | VaVariational26.1561 |
|---|---|---|---|---|---|
| VaVariational26.1561 | 0.137% | 0.130% | 0.053% | 0.053% | — |
| GtGate26.17 | 0.084% | 0.076% | — | 0.000% | −0.053% |
| MxMEXC26.17 | 0.084% | 0.076% | 0.000% | — | −0.053% |
| ByBybit26.19 | 0.008% | — | −0.076% | −0.076% | −0.130% |
| BgBitget26.192 | — | −0.008% | −0.084% | −0.084% | −0.137% |
All quotes (5)
| Venue | Bid | Ask | Quality | Age | Vol 24h | Flags |
|---|---|---|---|---|---|---|
| BgBitgetCEX | 26.192 | 26.192 | mark | 2m | $106k | closedno FX |
| ByBybitCEX | 26.19 | 26.19 | mark | 2m | $21k | closedno FX |
| GtGateCEX | 26.17 | 26.17 | mark | 2m | $9k | closedno FX |
| MxMEXCCEX | 26.17 | 26.17 | mark | 3m | $99k | closedno FX |
| VaVariational | 26.1561 | 26.1561 | mark | 3m | $9k | closed |
All spreads → · Hatched cells use a mark or mid price, a flagged venue or one outside the default selection.
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