PerpEquities

ETF

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

TMF perpetual futures on 11 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.

$29.30-3.6%NYSE American open
Open in terminal

Price chart

Interactive TradingView chart

TradingView symbol AMEX:TMF

Loads TradingView's third-party widget (about 1 MB) on demand.

Auto: underlying reference priceOpen in TradingView

Trading data

Perpetual market activity

11/11 live markets
Venues
11
Live markets
11/11
24h volume
$2.9MCoverage: 10/11 marketsExchange-reported volume: $3.6M
Open interest
$10.8MCoverage: 7/11 markets
Best liquidity
$465.2K
LBank
Tightest spread
+3.4 bps
Ourbit
Highest volume
$1.1M
LBank
Settlement mix
USDT · 11/11
Perp/spot vol.
0.02x
Spot volume $140.2M
OI / float
-
Float $0
Spot performance
1D-1.65%
5D-2.07%
1M-0.98%
6M-21.62%
YTD-18.70%
1Y-26.77%

Venue matrix

11 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
LBankTradeTMF/USDTTrading$29.300.0% APR
0.000% every 8h		+17.1 bps$465.2K$1.1M-USDT50x
OurbitTradeTMF/USDTTrading$29.300.0% APR
0.000% every 8h		+3.4 bps$132.8K$744.4K⚠$106.9KUSDT20x
BinanceTradeTMF/USDTTrading$29.310.0% APR
0.000% every 8h		+6.8 bps$61.4K$676.8K$1.6MUSDT-
HTXTradeTMF/USDTTrading$29.31-+44.3 bps$26.7K$256.6K-USDT-
XT.comTradeTMF/USDTTrading$29.30+11.0% APR
+0.010% every 8h		+6.8 bps$26.6K$193.2K$8.2MUSDT25x
BitgetTradeTMF/USDTTrading$29.280.0% APR
0.000% every 8h		+14.3 bps-$182.9K$244.5KUSDT20x
DeepcoinTradeTMF/USDTTrading$29.30-16.3% APR
-0.015% every 8h		+6.8 bps$47.6K$167.4K-USDT25x
BitunixTradeTMF/USDTTrading$29.31-2.4% APR
-0.00224% every 8h		+20.4 bps$195.7K$135.4K-USDT50x
OKXTradeTMF/USDTTrading$29.29+18.6% APR
+0.017% every 8h		+20.5 bps$8.6K$115.2K$200.6KUSDT20x
MEXCTradeTMF/USDTTrading$29.270.0% APR
0.000% every 8h		+13.6 bps$104.1K$94.2K$436KUSDT20x
Gate.ioTradeTMF/USDTTrading$29.350.0% APR
0.000% every 8h		+10.2 bps-$9.1K$31.5KUSDT20x

Tradability

Execution quality

Broad liquidity · 8 of 11 venues absorb $10k · Typical cost: +21.1 bps – +46.5 bps

Too thin: OKX

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
LBank · TMF/USDT$465.2K

Tightest spread

TMF
Ourbit · TMF/USDT+3.4 bps

Highest volume

TMF
LBank · TMF/USDT$1.1M

Funding history

Stored venue snapshots by market

ETF data

Direxion Daily 20+ Year Treasury Bull 3X ETF

TMF
Assets under management$2.12B
Expense ratio1.01%
Net asset value$30.32
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 BD19.44%
  2. 2TMFTLT SWAP ASSET LEG (TLTMLL)11.26%
  3. 3TMFTLT SWAP ASSET LEG (TLTJPL)11%
  4. 4TMFTLT SWAP ASSET LEG (TLTBCL)9.01%
  5. 5TMFTLT SWAP ASSET LEG (TLTGSL)8.88%
  6. 6TMFTLT SWAP ASSET LEG (TLTCTL)8.01%
  7. 7TMFTLT SWAP ASSET LEG (TLTBPL)7.26%
  8. 8TMFTLT SWAP ASSET LEG (TLTUBL)7.08%
  9. 9TMFTLT SWAP ASSET LEG (TLTNML)4.97%
  10. 10TMFDREYFUS GOVT CASH MAN INS4.52%

Sector allocation

  • Cash & Others80.5%
  • Financial Services19.5%

Country allocation

  • United States59.8%
  • Other40.2%
Provider updated: Sep 10, 2026, 02:10 PM UTCFetched: Sep 10, 2026, 04:42 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 11 crypto venues, including LBank, Ourbit, Binance. 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 -16.3% to +18.6% across 11 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.

Also listed on LBank

Also listed on Ourbit

Also listed on Binance

Other ETF perps

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