TSMC (TSM)

Perp: TSM on INTX · Hedge: TSM (Stock)

Funding (ann.)

+0.0%

Basis

+0.73%

Open interest

$222,336

Status

delayed

Research note: funding below research threshold

Funding rate — annualized, 12082 settlement snapshots

Timezone: UTC · Units: % annualized · Source: dellserver funding-arb daemon (delayed export) · Last update: 2026-10-31T10:45:05+00:00

Basis — (perp mark − hedge) / hedge

Timezone: UTC · Units: % · Source: dellserver funding-arb daemon (delayed export) · Last update: 2026-10-31T10:45:05+00:00

Open interest — historical liquidity

Timezone: UTC · Units: USD notional · Source: dellserver funding-arb daemon (delayed export) · Last update: 2026-10-31T10:45:05+00:00

Persistence

16% of snapshots over the trailing 168h met the research condition: FR >= 20% APR, 7-day window.

Opened	Direction	Status	Net P&L	All-in P&L	Close reason
2026-10-27 13:30 UTC	short_hl_long_ib	open	+$2.72	—	—
2026-10-23 16:03 UTC	short_hl_long_ib	closed	-$16.21	-$21.68	emergency FR=-64%
2026-10-21 13:38 UTC	short_hl_long_ib	closed	-$1.04	-$55.80	emergency FR=-78%
2026-10-20 13:48 UTC	short_hl_long_ib	closed	+$189.77	+$101.36	emergency FR=-133%
2026-10-06 14:03 UTC	short_hl_long_ib	closed	-$7.52	-$4.48	emergency FR=-57%
2026-08-19 14:18 UTC	short_hl_long_ib	closed	-$271.40	+$19.71	emergency FR=-58%
2026-07-20 13:34 UTC	short_hl_long_ib	closed	+$234.50	—	max hold 30d exceeded

The hedge leg only trades during its market's own hours; the perp trades 24/7 — see Methodology for how naked-leg windows are handled.
Funding and basis figures are delayed, not real-time — see the status strip at the top of every page.