PerpEquities

ETF

Direxion Daily 20+ Year Treasury Bull 3X ETF (TMF) perpetual futures

TMF perpetual futures on 14 crypto exchanges – live perp price vs the stock, funding rate, open interest and where to trade TMFUSDT.

Direxion Daily 20+ Year Treasury Bull 3X ETF tracked across crypto venues with normalized contract specifications.

$29.42-1.4%NYSE American closed
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Price chart

 

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Collecting venue price data...
venue perp mark · LBank (TMF/USDT)
Auto: highest-volume live perp venueOpen in TradingView

Trading data

Perpetual market activity

14/14 live markets
Venues
14
Live markets
14/14
24h volume
$1.2MCoverage: 11/14 marketsExchange-reported volume: $3.8M
Open interest
$24.1MCoverage: 12/14 markets
Best liquidity
$5.4M
BloFin
Tightest spread
+3.4 bps
LBank
Highest volume
$288.1K
Deepcoin
Settlement mix
USDT · 14/14
Perp/spot vol.
0.01x
Spot volume $123.3M
OI / float
-
Float $0
Spot performance
1D-1.41%
5D+5.27%
1M+7.90%
6M-18.85%
YTD-21.33%
1Y-32.57%

Venue matrix

14 markets

Some venue links are sponsored. We may receive a commission, and eligible users may occasionally receive trading-fee discounts, at no additional cost to you.

Trade
DeepcoinTradeTMF/USDTTrading$29.40-11.0% APR
-0.010% every 8h
+3.4 bps$126.7K$288.1K-USDT25x
BinanceTradeTMF/USDTTrading$29.420.0% APR
0.000% every 8h
+3.4 bps$138.7K$195.4K$1.7MUSDT-
XT.comTradeTMF/USDTTrading$29.38+11.0% APR
+0.010% every 8h
+3.4 bps$73.4K$154.2K$19.7MUSDT25x
BitgetTradeTMF/USDTTrading$29.400.0% APR
0.000% every 8h
+11.9 bps-$133.1K$336.5KUSDT20x
HTXTradeTMF/USDTTrading$29.45-+64.6 bps$25.3K$129.2K-USDT-
MEXCTradeTMF/USDTTrading$29.400.0% APR
0.000% every 8h
+10.2 bps$249.1K$101.8K$680KUSDT20x
BitunixTradeTMF/USDTTrading$29.42-13.7% APR
-0.012% every 8h
+23.8 bps$310.1K$85.6K$132.2KUSDT50x
OKXTradeTMF/USDTTrading$29.410.0% APR
0.000% every 8h
+13.6 bps$28K$62.3K$314.5KUSDT20x
BloFinTradeTMF/USDTTrading$29.42+0.5% APR
+0.00048% every 8h
+6.8 bps$5.4M$18.5K$84.4KUSDT25x
BybitTradeTMF/USDTTrading$29.390.0% APR
0.000% every 8h
+34.0 bps$19.4K$1.7K$654.7KUSDT25x
Gate.ioTradeTMF/USDTTrading$29.420.0% APR
0.000% every 8h
+27.2 bps-$1.3K$272.6KUSDT20x
LBankTradeTMF/USDTTrading$29.420.0% APR
0.000% every 8h
+3.4 bps$875.4K$1.1M⚠$1.1KUSDT50x
OurbitTradeTMF/USDTTrading$29.410.0% APR
0.000% every 8h
+3.4 bps$309.9K$813.8K⚠$115.5KUSDT20x
KuCoinTradeTMF/USDTTrading$29.370.0% APR
0.000% every 8h
+37.5 bps$10.8K$712.7K⚠$2.3KUSDT20x

Unverified volume: implausibly high against open interest, a typical sign of wash trading. These venues are listed last.

Tradability

Execution quality

Entry cost and depth per venue at $1k–$100k

Broad liquidity · 11 of 14 venues absorb $10k · Typical cost: +12.3 bps – +31.2 bps

Too thin: KuCoin

No fresh book data: Bitget, Gate.io

Taker execution estimate incl. approx. fees - maker fills are not guaranteed.

Best venues for this underlying

Best liquidity

TMF

Tightest spread

TMF

Highest volume

TMF

Funding history

Stored venue snapshots by market

ETF data

Direxion Daily 20+ Year Treasury Bull 3X ETF

TMF
Assets under management$2.03B
Expense ratio1.01%
Net asset value$29.81
Holdings13
InceptionApr 16, 2009
Complex ETF exposure: Leveraged · SyntheticThis fund uses leveraged or synthetic exposure. Reported positions can include derivatives, swaps or collateral and are not a complete look-through of the economic exposure.

Top reported holdings

  1. 1TLTISHARES 20+ YEAR TREASURY BD19.1%
  2. 2TMFTLT SWAP ASSET LEG (TLTMLL)10.92%
  3. 3TMFTLT SWAP ASSET LEG (TLTJPL)10.3%
  4. 4TMFTLT SWAP ASSET LEG (TLTGSL)10.07%
  5. 5TMFTLT SWAP ASSET LEG (TLTBCL)9.61%
  6. 6TMFTLT SWAP ASSET LEG (TLTCTL)8.34%
  7. 7TMFTLT SWAP ASSET LEG (TLTBPL)6.9%
  8. 8TMFDREYFUS GOVT CASH MAN INS6.06%
  9. 9TMFTLT SWAP ASSET LEG (TLTNML)5.17%
  10. 10TMFTLT SWAP ASSET LEG (TLTUBL)4.96%

Sector allocation

  • Cash & Others82.2%
  • Financial Services17.8%

Country allocation

  • United States52.5%
  • Other47.6%
Provider updated: Oct 25, 2026, 06:46 AM UTCFetched: Oct 25, 2026, 09:24 PM UTCSource: FMP

Next catalyst

Catalysts

No unusual perp activity right now.

Frequently asked questions

Where can I trade TMF perpetual futures?

Direxion Daily 20+ Year Treasury Bull 3X ETF (TMF) perpetual futures trade on 14 crypto venues, including LBank, Ourbit, KuCoin. PerpEquities compares them by live price, funding rate, open interest and liquidity.

Can I trade TMF around the clock?

Yes. Unlike the underlying stock, TMF perpetuals trade 24/7 — including weekends and outside regular market hours.

What is the funding rate on TMF perpetuals?

Right now the TMF perp funding rate is 0.0% annualized (venue median), ranging from -13.7% to +11.0% across 14 venues. A positive rate means longs pay shorts. PerpEquities shows the live rate and its history for every venue.

What is a TMF perpetual future?

A TMF perpetual is a derivative that tracks the price of Direxion Daily 20+ Year Treasury Bull 3X ETF with no expiry date. It lets you take long or short exposure to Direxion Daily 20+ Year Treasury Bull 3X ETF on crypto venues, around the clock.

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