TermMax Funding Rate (TMX)

Compare TermMax perpetual funding rates across exchanges in real time · OI-weighted composite rate · updated every minute

TermMax current price: $0.1364

Rate MatrixHeatmapCumulative Fees

TMX Funding Rate by Exchange

Next settlement --:--:--
#ExchangeFunding RateAPRSettlement IntervalNext SettlementOpen Interest
1Asterhighest-0.0327%-286.46%1h15:00 UTC$0.1M
2MEXC-0.0200%$0.1M
3LBank-0.0100%16:00 UTC
APR = period rate × (24 / settlement interval) × 365. Shown as — when the exchange's settlement interval is unknown.
Simple Average
-0.0209%
OI-Weighted Rate
-0.0275%
Volume-Weighted Rate
-0.0190%

TMX Funding Rate History

About TermMax Funding Rate

What is the TMX funding rate?

The TMX funding rate is a periodic payment between long and short traders on TermMax perpetual futures, designed to keep the contract price anchored to the spot index. When the rate is positive, longs pay shorts; when negative, shorts pay longs. It is the main ongoing cost (or income) of holding a leveraged TMX perpetual position.

What does a positive or negative TMX funding rate mean?

A persistently positive TMX funding rate signals crowded long positioning and bullish sentiment — longs keep paying to stay in the trade. A negative rate signals short-side dominance and bearish sentiment. Extreme funding rates in either direction often indicate an overcrowded trade and raise the risk of a sharp reversal or short squeeze/long squeeze.

What is the current TMX funding rate?

As of now, the TMX funding rate averages -0.0209% across 3 exchanges CoinBoss tracks, and the rate is negative. This figure updates in real time — check the table above for the latest per-exchange breakdown and the OI-weighted composite rate.

Which exchange has the highest TMX funding rate?

Right now aster shows the highest (or most extreme) TMX funding rate among tracked exchanges, at -0.0327%. Funding rates can vary meaningfully across exchanges due to differences in order-book premium, index price and leverage demand — creating potential funding rate arbitrage opportunities.
Most exchanges settle funding every 8 hours (00:00 / 08:00 / 16:00 UTC). Actual settlement intervals may vary by exchange and contract.