TBTUSDT Up 3.05% This Week: Only Two Weeks in the Sample Were Stronger
With the US 10-year Treasury yield near 5.3%, TBTUSDT rose 3.05% this week while TMFUSDT fell 4.92% on Binance US-equity USDT perpetuals.
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The US 10-year Treasury yield approaching 5.3% showed up clearly on Binance US-equity USDT perpetuals: TBTUSDT moved from 41.04 USDT to 42.29 USDT this week, up 3.05%, while TMFUSDT fell from 27.21 USDT to 25.87 USDT, down 4.92%. Two opposite instruments moved in opposite directions in the same week, which is what duration does when yields rise.
How the daily candles ran
TBTUSDT closed higher from 2026-09-24 through 2026-09-30, ending that stretch at 42.52 USDT, then slipped 0.49% to 42.29 USDT on 2026-10-01. TMFUSDT mirrored it: -3.71% on 2026-09-24, -2.46% on 2026-09-28, -2.25% on 2026-09-30, then a 0.66% bounce to 25.87 USDT on 2026-10-01.
| Date | TBTUSDT open/close | TBTUSDT change | TMFUSDT open/close | TMFUSDT change |
|---|---|---|---|---|
| 2026-09-24 | 39.74 / 40.4 | 1.66% | 28.58 / 27.52 | -3.71% |
| 2026-09-25 | 40.41 / 40.85 | 1.09% | 27.53 / 27.23 | -1.09% |
| 2026-09-26 | 40.81 / 40.81 | 0% | 27.23 / 27.25 | 0.07% |
| 2026-09-27 | 40.8 / 41.07 | 0.66% | 27.25 / 27.22 | -0.11% |
| 2026-09-28 | 41.04 / 41.42 | 0.93% | 27.21 / 26.54 | -2.46% |
| 2026-09-29 | 41.4 / 41.91 | 1.23% | 26.57 / 26.28 | -1.09% |
| 2026-09-30 | 41.95 / 42.52 | 1.36% | 26.28 / 25.69 | -2.25% |
| 2026-10-01 | 42.5 / 42.29 | -0.49% | 25.7 / 25.87 | 0.66% |
Three sessions tell most of the story. On 2026-09-24 TBTUSDT opened at 39.74 USDT and closed at 40.4 USDT, up 1.66%, while TMFUSDT fell 3.71%. On 2026-09-30 TBTUSDT gained 1.36% to 42.52 USDT, its largest single-day gain of the week, while TMFUSDT lost 2.25% to 25.69 USDT. On 2026-10-01 both reversed slightly, TBTUSDT down 0.49% and TMFUSDT up 0.66%.
Where this week ranks
TBTUSDT has 10 weekly samples, and only 2 were stronger: the week of 2026-09-07 went from 38.07 USDT to 39.61 USDT, up 4.05%, and the week of 2026-09-21 went from 38.86 USDT to 41.07 USDT, up 5.69%. This week's 3.05% ranks third.
TMFUSDT also has 10 weekly samples, with 6 stronger weeks in either direction: 2026-08-03 up 2.24%, 2026-08-10 down 2.74%, 2026-08-17 down 0.13%, 2026-08-24 up 2.92%, 2026-08-31 down 1.31%, and 2026-09-14 up 2.84%. SPYUSDT fell 0.59% and QQQUSDT rose 0.03% this week, with 19 and 15 stronger weeks out of 26 samples respectively.
What the trending posts say
Trending posts on the Square argue that with the US 10-year yield near 5.3%, long-duration bonds stay under pressure and the case for long inverse ETFs keeps coming up (relayed, not this site's view). Other posts link the move to safe-haven assets, saying higher yields can hit equity valuations and shift flows across safe-haven instruments, which may widen swings in broad-index products like SPYUSDT and QQQUSDT (relayed, not this site's view). Some posts also warn that inverse ETFs reset daily, so tracking drifts over longer holding periods (relayed, not this site's view).
Three plain facts
Gaps and overnight risk are easy to miss. Perpetuals trade continuously, but the underlying cash market still closes, and thin liquidity in those hours can produce gaps where stops do not fill where you expect.
High leverage magnifies duration swings. TBTUSDT moved 3.05% this week and TMFUSDT fell 4.92%, with single days like -3.71% in the mix; the higher the leverage, the greater the chance of forced reduction.
Funding rates and the fact that the best week is only visible in hindsight belong together. Perpetual funding shifts with positioning, so holding overnight is not free, and the 4.05% and 5.69% weeks were only labelled strongest after they closed.
Fees
Binance contract default maker fee is 0.02% and default taker fee is 0.05%. The rebate ratio is 20%, leaving an effective maker fee of 0.016% and an effective taker fee of 0.04% after the rebate.
Source: https://fapi.binance.com/fapi/v1/exchangeInfo
Data as of 2026-10-02; source: Binance official API. Not investment advice.
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Binance is not available in your region. What follows is not a centralized exchange โ it is a different kind of product that you can use:
๐ Binance Web3
A self-custody wallet inside the Binance app; swaps route through on-chain DEX aggregation, not an exchange account
Bind via our link and wallet swap fees drop 30%. On-chain gas and slippage are not covered by the discount.
You must already be a verified Binance user to create a Binance Wallet (official FAQ Q13); wallet referrals and exchange referrals are two separate systems. Zero-fee pairs such as stablecoin swaps generate no rebatable fee.