TSLL funding rate explained
Right now Direxion Shares ETF Trust Direxion Daily TSLA Bull 2X ETF (Dinari Tokenized ETF) (TSLL) perpetual futures trade on 7 exchanges we track. The highest funding is on HTX at +0.030% per day, the lowest on OKX at 0.000%. The average across all venues is +0.004% per day, or about +1.6% a year. Positive funding means TSLL longs are paying shorts — the market is leaning long.
The gap between the highest and lowest venue is +0.030% per day. A delta-neutral position that shorts TSLL on HTX and goes long on OKX would collect that difference at each settlement, before trading fees and the price spread between the two contracts. Check the live TSLL arbitrage board for the price side of the trade.
Settlement intervals differ: TSLL funding is paid every 8 hours depending on the exchange, so every rate on this page is also shown normalised to 24 hours and as an APR.
Related: TSLL arbitrage · Direxion Shares ETF Trust Direxion Daily TSLA Bull 2X ETF (Dinari Tokenized ETF) price · funding rates for all coins.