Exchange Funding Snapshot

TSM Funding Rate on Bybit

Live TSM funding rate, annualized APR, model-adjusted apr, and Mirage context for Bybit.

TSM funding on Bybit is active, but the displayed annualized signal does not survive execution reality.

Funding rate
0.0000%
Current periodic funding signal.
Advertised APR
0.0%
Annualized from current funding conditions.
Model-Adjusted APR
0.0%
Model-derived annualized estimate based on current funding conditions.
Mirage
0.0%
Fresh snapshot
Annualized from current funding conditions. Actual realized returns may be materially lower, and Mirage shows how much headline yield may fail to survive execution reality.
Interpretation

Mirage is present but more contained, meaning a larger share of headline annualized funding currently survives reality.

Headline annualized funding can look strong while model-adjusted apr remains much lower. Mirage measures how much of that signal may fail to survive execution conditions.

Metric breakdown

Validation status for this public metric. Supported means stronger observed coverage. Calibration and exploratory indicate thinner empirical depth.

Funding interval
8h
Validation status
supported
Validation status for this public metric.
Survivability
Insufficient validated coverage
Not shown publicly until validation coverage improves.
Half-life
Insufficient validated coverage
Not shown publicly until validation coverage improves.
Why yield degrades
Fees and basis drag compress the raw funding headline.
Yield decays as crowded trades absorb the signal.
Execution friction can keep attractive APR from being deployable.
Mirage shows the share of headline yield that fails to survive reality.
Freshness & disclaimer
Last updated Apr 22, 2026, 7:18 PM UTC.
Model-Adjusted APR is a model-derived annualized public estimate. It is useful for current context, not a guaranteed execution outcome.
supported
Exchange Comparison

Compare TSM funding rates across other exchanges:

Frequently Asked Questions

TSM Funding on Bybit FAQ

What is the current TSM funding rate on Bybit?

The current TSM perpetual funding rate on Bybit is 0.0000% per 8-hour interval, which annualizes to 0.0% APR under current market conditions.

When is the next TSM funding payment on Bybit?

Bybit settles TSM perpetual funding every 8 hours. Payments occur at fixed UTC times, typically 00:00, 08:00, and 16:00 UTC for 8-hour intervals.

What is the survivable TSM funding APR on Bybit?

After applying model adjustments for execution costs, decay, and crowding, the TSM survivable APR on Bybit is approximately 0.0%. The Mirage component (0.0%) represents yield that may not survive real trading conditions.

How does TSM funding on Bybit compare to other exchanges?

Current TSM funding comparison: OKX: 0.0% advertised, 0.0% adjusted. Bybit offers 0.0% advertised and 0.0% model-adjusted APR.

How reliable is the TSM funding data on Bybit?

The TSM funding metrics on Bybit have strong empirical coverage. Supported status indicates stronger observed data, while calibration and exploratory indicate thinner empirical validation.

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