SMH funding rate

Live VanEck Semiconductor ETF • Robinhood Token perpetual funding on every connected exchange. Positive funding means longs pay shorts.

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Highest (24h)+0.030%HTX

Lowest (24h)0.000%OKX

Average (24h)+0.004%across 7 venues

Funding gap (24h)+0.030%short the highest, long the lowest

ExchangeFundingIntervalNext in24hAPRMarkvs indexVolume

HTXCEX · SMH-USDT+0.0100%8h05:54:40+0.030%+10.9%——$59.3K

BinanceCEX · SMHUSDT0.0000%8h—0.000%0.0%$634.54+0.110%—

BybitCEX · SMHUSDT0.0000%8h—0.000%0.0%$633.90+0.002%$99.6K

BitgetCEX · SMHUSDT0.0000%8h—0.000%0.0%$634.92-0.071%$44.7K

MEXCCEX · SMH_USDT0.0000%8h05:54:400.000%0.0%$634.59+0.043%$155.4K

GateCEX · SMH_USDT0.0000%8h05:54:400.000%0.0%$634.40-0.006%$414

OKXCEX · SMH-USDT-SWAP0.0000%8h05:54:400.000%0.0%$634.57—$111.1K

SMH funding rate explained

Right now VanEck Semiconductor ETF • Robinhood Token (SMH) perpetual futures trade on 7 exchanges we track. The highest funding is on HTX at +0.030% per day, the lowest on OKX at 0.000%. The average across all venues is +0.004% per day, or about +1.6% a year. Positive funding means SMH longs are paying shorts — the market is leaning long.

The gap between the highest and lowest venue is +0.030% per day. A delta-neutral position that shorts SMH on HTX and goes long on OKX would collect that difference at each settlement, before trading fees and the price spread between the two contracts. Check the live SMH arbitrage board for the price side of the trade.

Settlement intervals differ: SMH funding is paid every 8 hours depending on the exchange, so every rate on this page is also shown normalised to 24 hours and as an APR.

What is the SMH funding rate today?

The average SMH funding rate across 7 exchanges is +0.004% per 24 hours. It ranges from 0.000% on OKX to +0.030% on HTX. Rates update every few seconds on this page.

Which exchange has the highest SMH funding rate?

HTX currently has the highest SMH funding at +0.030% per day, and OKX the lowest at 0.000%.

How often is SMH funding paid?

SMH perpetuals settle funding every 8 hours, depending on the exchange. The table shows each venue's interval and a countdown to the next payment.

Is SMH funding positive or negative?

On average it is positive (+0.004% per day): longs pay shorts.