Question 1

Which exchange has the highest TSLL funding rate right now?

Accepted Answer

OKX shows the highest TSLL funding at +34.47% annualized. A high positive rate means shorts get paid, so this is the venue to short TSLL when running a funding-arbitrage pair. Rates change every settlement window — check the live screener for the current value.

Question 2

Which exchange is best to long TSLL for funding?

Accepted Answer

LBank has the lowest TSLL funding at +0.00% annualized, which makes the long leg cheapest (or paid). Pair it with the highest-funding venue to capture the spread delta-neutral.

Question 3

What is the best TSLL funding-arbitrage pair?

Accepted Answer

The widest spread is long Bybit / short OKX at about 34.5% APR before costs. Verify it in the ORBIT backtester, which subtracts real fees and slippage, before sizing a position.

Question 4

How often does TSLL funding settle?

Accepted Answer

TSLL funding settles every 8h. Longer intervals concentrate the same annualized rate into fewer, larger payments. ORBIT normalizes every venue to a common APR so they are directly comparable.

Question 5

Is TSLL funding positive or negative?

Accepted Answer

TSLL funding is mixed across venues, ranging +0.00% to +34.47% APR — which is exactly what creates the cross-exchange arbitrage opportunity.

Question 6

What is the current TSLL perpetual swap funding rate?

Accepted Answer

The current TSLL perpetual swap funding rate ranges from +0.00% to +34.47% annualized depending on the exchange — LBank is lowest and OKX is highest right now. There is no single TSLL funding rate: every venue runs its own funding formula and order book, which is why the rate has to be read by exchange rather than as one number.

Question 7

What is the aggregated TSLL funding rate across exchanges?

Accepted Answer

Aggregated across the 11 venues ORBIT tracks, TSLL funding currently spans +0.00% to +34.47% APR, a spread of 34.5 percentage points. An aggregated average hides the part that matters for trading — the gap between the cheapest and dearest venue — so the table above lists each exchange separately.

Question 8

How do I read the TSLL 8h funding rate versus the annualized rate?

Accepted Answer

Venues that settle TSLL every 8 hours quote the per-payment rate, which is charged three times a day. Multiply an 8h rate by 3 to get the daily figure and by 1,095 to annualize it. ORBIT converts every venue — 1h, 4h and 8h alike — to a common APR so an 8h rate and a 1h rate can be compared directly.

Exchange	Funding APR↓	Interval	Open Interest↕	Mark Price↕
OKXBest Short	+34.47%	8h	$314K	$9.095
Bitunix	+23.28%	8h	—	$9.11
WEEX	+19.35%	8h	$6.5M	$9.12
MEXC	+18.19%	8h	$300K	$9.1
Bitget	+18.08%	8h	$595K	$9.108
CoinW	+17.97%	8h	—	$9.007
HTX	+10.96%	8h	$5K	$9.128
BybitBest Long	+0.00%	8h	$322K	$9.13
Gate.io	+0.00%	8h	$226K	$9.106
Toobit	+0.00%	8h	$86K	$9.16
LBank	+0.00%	8h	—	$9.14

TSLL Perpetual Swap Funding Rate by Exchange

How TSLL funding actually paid this week

Funding Rates by Exchange

Funding Rates by Exchange

TSLL funding rates explained

Frequently asked questions