TMX funding rate

Live TermMax perpetual funding on every connected exchange. Positive funding means longs pay shorts.

Connecting…

Highest (24h)+0.474%Bybit

Lowest (24h)+0.030%Aster

Average (24h)+0.252%across 2 venues

Funding gap (24h)+0.444%short the highest, long the lowest

ExchangeFundingIntervalNext in24hAPRMarkvs indexVolume

BybitCEX · TMXUSDT+0.0789%4h—+0.474%+172.9%$0.0162+0.310%$12.07M

AsterPerp DEX · TMXUSDT+0.0013%1h—+0.030%+10.9%$0.0161-0.445%—

TMX funding rate explained

Right now TermMax (TMX) perpetual futures trade on 2 exchanges we track. The highest funding is on Bybit at +0.474% per day, the lowest on Aster at +0.030%. The average across all venues is +0.252% per day, or about +91.9% a year. Positive funding means TMX longs are paying shorts — the market is leaning long.

The gap between the highest and lowest venue is +0.444% per day. A delta-neutral position that shorts TMX on Bybit and goes long on Aster would collect that difference at each settlement, before trading fees and the price spread between the two contracts. Check the live TMX arbitrage board for the price side of the trade.

Settlement intervals differ: TMX funding is paid every 1 hour and 4 hours depending on the exchange, so every rate on this page is also shown normalised to 24 hours and as an APR.

What is the TMX funding rate today?

The average TMX funding rate across 2 exchanges is +0.252% per 24 hours. It ranges from +0.030% on Aster to +0.474% on Bybit. Rates update every few seconds on this page.

Which exchange has the highest TMX funding rate?

Bybit currently has the highest TMX funding at +0.474% per day, and Aster the lowest at +0.030%.

How often is TMX funding paid?

TMX perpetuals settle funding every 1 hour and 4 hours, depending on the exchange. The table shows each venue's interval and a countdown to the next payment.

Is TMX funding positive or negative?

On average it is positive (+0.252% per day): longs pay shorts.