MSCI Taiwan (TW88) index — level and chart
The TW88 index: level 4,220, 24h change +0.02%. A calculated value over a basket of shares, not a single stock. Updated in real time.
What this is
Market indexMSCI Taiwan — the index of Taiwan's equity market as calculated by MSCI, the methodology global funds use to compare countries. What is peculiar about Taiwan's market is its lopsidedness: the weight of a single company — the contract chipmaker TSMC — is so large that the index moves primarily with it rather than with the island's economy. What this shows: buying this index is first of all a bet on world demand for semiconductors and only secondly on Taiwan; on top of that comes a geopolitical risk that other Asian indices do not carry. It is quoted in points; here it trades as a perpetual contract on Gate around the clock, while the Taipei exchange is open only a few hours a day.
Chart
Chart built from data of Gate
What the data shows
TW88 trades at 4,220. Over 66 days it ranged between 3,708.6 and 4,400.9; the price now sits in the upper third of that range — 74% of the way from the yearly low to the high.
All-time high is 4,400.9 (October 2026); the price is 4% below it now.
24-hour turnover is $189 — percentile 6 for the year: trading is quiet.
The daily range is 0.7% and five-minute NATR is 0.00%. That range is at percentile 8 for the year — a noticeably calmer day than usual.
There is only one venue — Gate — and no second price source: if it drifted from the market, there would be nothing to notice it by.
Behind this ticker stands a share, not a token. The contract trades without weekends, while the exchange of the share itself is shut overnight and at weekends — in those hours the price is driven by expectations, not by trades in the stock.
Open positions in TW88 are worth $61K. Over the past hour open interest rose by 0.00%. That is an ordinary level for this coin — percentile 65.
TW88 correlation with Bitcoin over 24 hours is 0.06 — it goes its own way, barely looking at Bitcoin.
Funding is 0.0000%: the rate is near zero, with no clear lean.
Over the day +0.02%, over the hour 0.00%, over the last five minutes 0.00% — it moved livelier an hour ago and has since gone quiet.
By turnover it ranks 1947 of 2044 instruments in the screener.
By daily range it ranks 1712 of 2044.
Built from current numbers and the coin's own year of history. Updates with the data.
Our observations
KairoRight now TW88 is within its usual range: volume, funding and open interest are all unremarkable.
Computed from our own minute history for this coin over a year. Percentile is the share of days the value was below today's. Description only, no forecasts.
What we noticed earlier
Similar instruments
From the same group — market index. They open the same way, with a chart and a breakdown.
Price and movement
Turnover and activity
Futures metrics
How to read this
- Funding is a payment between longs and shorts. A positive rate means longs pay shorts: the market is crowded long.
- The rate rank shows how unusual that rate is for this particular coin: 97 means above 97% of the last month, a rare skew. Without the rank the bare number says nothing — every coin has its own normal.
- Open interest is the money sitting in positions that are still open. Rising alongside price means new money entering; rising while price falls means shorts building up.
- The OI rank is measured in contracts rather than dollars: otherwise it would drift up with price alone and claim a record where nothing changed.
- NATR shows how much a coin moves relative to its own price. High NATR with high turnover is where today's action is.
How much money sits in open positions on each venue. The total spans every exchange listing the contract.