# TSM funding rate history — settled payments by exchange

Source: https://orbitperpscreener.com/markets/asset/TSM/funding · window: last 30 days · generated 2026-11-14T10:52 UTC

What TSM (TSMC) actually paid over the last 30 days: 6,859 settlements across 26 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. Phoenix paid the most over the window at +1.6770% 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 75% of the 6,859 settlements recorded here, meaning longs paid shorts that often.

Over the window, settled totals ranged from +1.6770% on Phoenix to +0.0000% on Phemex — 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.

| Exchange | Settlements | Total paid | Average APR | Largest | Smallest | Last settled |
|---|---:|---:|---:|---:|---:|---|
| Phoenix | 719 | +1.6770% | +20.45% | +0.0115% | -0.0072% | 2026-11-14 10:00 UTC |
| edgeX V2 | 180 | +1.4125% | +17.20% | +0.0496% | -0.0475% | 2026-11-14 08:00 UTC |
| Polymarket | 720 | +1.1653% | +14.19% | +0.0341% | -0.0074% | 2026-11-14 10:00 UTC |
| HTX | 90 | +1.1111% | +13.53% | +0.1331% | -0.0181% | 2026-11-14 08:00 UTC |
| Bitget | 90 | +1.0796% | +13.14% | +0.0577% | -0.0343% | 2026-11-14 08:00 UTC |
| WEEX | 90 | +1.0340% | +12.59% | +0.0524% | -0.0045% | 2026-11-14 08:00 UTC |
| Hotcoin | 90 | +0.9481% | +11.54% | +0.0524% | -0.0103% | 2026-11-14 08:00 UTC |
| Toobit | 90 | +0.9339% | +11.37% | +0.0623% | +0.0000% | 2026-11-14 08:00 UTC |
| WOOFi Pro | 90 | +0.8975% | +10.93% | +0.0101% | +0.0082% | 2026-11-14 08:00 UTC |
| trade[XYZ] (mirrors hyperliquid) | 720 | +0.6670% | +8.12% | +0.0303% | -0.0184% | 2026-11-14 10:00 UTC |
| BloFin | 90 | +0.6642% | +8.09% | +0.0513% | -0.0028% | 2026-11-14 08:00 UTC |
| Bitunix | 90 | +0.6641% | +8.09% | +0.0701% | -0.0118% | 2026-11-14 08:00 UTC |
| grvt | 90 | +0.6632% | +8.07% | +0.0532% | +0.0000% | 2026-11-14 08:00 UTC |
| Binance Futures | 90 | +0.6525% | +7.94% | +0.0522% | -0.0016% | 2026-11-14 08:00 UTC |
| MEXC | 90 | +0.6486% | +7.90% | +0.0523% | -0.0018% | 2026-11-14 08:00 UTC |
| OKX | 90 | +0.6427% | +7.82% | +0.0702% | +0.0000% | 2026-11-14 08:00 UTC |
| Extended | 720 | +0.5859% | +7.13% | +0.0069% | -0.0045% | 2026-11-14 10:00 UTC |
| Bybit | 90 | +0.4727% | +5.75% | +0.0927% | +0.0000% | 2026-11-14 08:00 UTC |
| Lighter Robinhood | 720 | +0.4552% | +5.54% | +0.0263% | -0.0146% | 2026-11-14 10:00 UTC |
| Ondo | 720 | +0.4254% | +5.18% | +0.0408% | -0.0191% | 2026-11-14 10:00 UTC |
| KuCoin | 90 | +0.3249% | +3.96% | +0.0376% | -0.0002% | 2026-11-14 08:00 UTC |
| Aftermath | 110 | +0.3017% | +24.04% | +0.0078% | -0.0031% | 2026-11-14 10:00 UTC |
| Gate.io | 90 | +0.1748% | +2.13% | +0.0374% | +0.0000% | 2026-11-14 08:00 UTC |
| Crypto.com | 720 | +0.0546% | +0.67% | +0.0128% | -0.0180% | 2026-11-14 10:00 UTC |
| Aster | 90 | +0.0000% | +0.00% | +0.0000% | +0.0000% | 2026-11-14 08:00 UTC |
| Phemex | 90 | +0.0000% | +0.00% | +0.0000% | +0.0000% | 2026-11-14 08:00 UTC |

## FAQ

### Is the TSM 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 75% of the 6,859 settlements recorded here.

### Which exchange has paid the most settled TSM funding recently?

Phoenix paid the most over the last 30 days at +1.6770% of position size across 719 settlements, an average annualized rate of +20.45%. This is a sum of actual payments, not a forecast.

### How often is TSM funding actually paid?

Over the last 30 days, ORBIT recorded 6,859 funding settlements for TSM across 26 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.

### What is the widest settled TSM funding spread between venues?

Over the last 30 days, settled totals ranged from +1.6770% on Phoenix to +0.0000% on Phemex. That gap is what a position holding both legs — long on the venue that paid least, short on the one that paid most — would have collected before fees and slippage. Check the current spread on the live screener, since settled history describes the past, not the next payment.

Live rates: https://orbitperpscreener.com/markets/asset/TSM · Screener: https://orbitperpscreener.com/screener