TMF Funding Rate History — Settled Payments by Exchange
Direxion Daily 20+ Year Treasury Bull 3X Shares
| Exchange | Settlements | Total Paid | Average APR | Largest | Smallest | Last Settled |
|---|---|---|---|---|---|---|
 Hotcoin | 90 | +1.8906% | +23.02% | +0.2649% | -0.0503% | 2026-10-01 00:00 UTC |
 OKX | 90 | +1.4418% | +17.55% | +0.2553% | +0.0000% | 2026-10-01 00:00 UTC |
 Toobit | 90 | +1.3215% | +16.09% | +0.2649% | -0.0503% | 2026-10-01 00:00 UTC |
 MEXC | 90 | +1.3207% | +16.08% | +0.2649% | -0.0503% | 2026-10-01 00:00 UTC |
 Bitunix | 90 | +1.1136% | +13.56% | +0.2480% | -0.0465% | 2026-10-01 00:00 UTC |
 WEEX | 90 | +1.1057% | +13.46% | +0.2649% | -0.0503% | 2026-10-01 00:00 UTC |
 Bybit | 90 | +0.7404% | +9.01% | +0.2236% | +0.0000% | 2026-10-01 00:00 UTC |
 Bitget | 90 | +0.0540% | +0.66% | +0.0457% | +0.0000% | 2026-10-01 00:00 UTC |
 Gate.io | 90 | +0.0296% | +0.36% | +0.0274% | +0.0000% | 2026-10-01 00:00 UTC |
 BloFin | 3 | +0.0237% | +8.66% | +0.0182% | +0.0015% | 2026-10-01 00:00 UTC |
 HTX | 90 | +0.0000% | +0.00% | +0.0000% | +0.0000% | 2026-10-01 00:00 UTC |
What the TMF funding rate means
What TMF (Direxion Daily 20+ Year Treasury Bull 3X Shares) actually paid over the last 30 days: 903 settlements across 11 venues, broken down venue by venue. These are settled payments — the amount an exchange actually charged or credited each funding interval — not the rate currently quoted for the next payment. Hotcoin paid the most over the window at +1.8906% of position size.
A funding rate quoted right now is a forecast of the next payment; what a position actually earned is the sum of payments that already settled. Two venues can quote a similar rate and still pay very differently over a month, because they settle on different schedules and compute the rate from their own order book rather than a shared index. The rate was positive in 27% of the 903 settlements recorded here, meaning longs paid shorts that often.
Over the window, settled totals ranged from +1.8906% on Hotcoin to +0.0000% on HTX — the gap between them is what a delta-neutral position collecting on both legs would have captured before fees and slippage. Verify the live version of this spread on the ORBIT funding screener before sizing a trade: settled history shows what already happened, not what will happen next.
Frequently asked questions
- Is the TMF funding rate a live quote or an actual payment?
- A funding rate quoted right now is a forecast of the next payment; what a position actually earned is the sum of payments that already settled. Two venues can quote a similar rate and still pay very differently over a month, because they settle on different schedules and compute the rate from their own order book rather than a shared index. The rate was positive in 27% of the 903 settlements recorded here.
- Which exchange has paid the most settled TMF funding recently?
- Hotcoin paid the most over the last 30 days at +1.8906% of position size across 90 settlements, an average annualized rate of +23.02%. This is a sum of actual payments, not a forecast.
- How often is TMF funding actually paid?
- Over the last 30 days, ORBIT recorded 903 funding settlements for TMF across 11 venues. Settlement schedules differ by venue — some pay hourly, others every 4 or 8 hours — so the number of payments per venue in the table above is not the same for all of them.