SMH Funding Rate History
SMH perpetual futures funding ranges from -1.00 bps on BINGX to 1.00 bps on HUOBI across 6 reporting venues, a spread of 2.00 bps. The most extreme rate (10.95% APY annualized) is on HUOBI. Currently funding signs are mixed: 4 positive, 1 negative.
A non-zero funding rate spread between venues is the basis for delta-neutral funding arbitrage: long the cheaper-funding exchange and short the more expensive one to capture the spread without picking a side on SMH price.
SMH Per-Exchange Funding Rates
| Exchange | Current Funding (bps) | Funding APY | 7-Day Avg Funding (bps) | 24h Volume |
|---|---|---|---|---|
| HUOBI | 1.00 bps | 10.95% APY | 1.00 bps | $42.15K |
| GATEIO | 1.00 bps | 10.95% APY | 1.00 bps | $6.61K |
| BINGX | -1.00 bps | -10.95% APY | 1.30 bps | $0 |
| TRADEXYZ | 0.50 bps | 5.47% APY | -2.00 bps | $1.10M |
| VEST | 0.50 bps | 5.47% APY | 0.50 bps | $298.36K |
| OKX | 0.00 bps | 0.00% APY | 0.10 bps | $175.70K |
Last updated 2026-07-27T12:45:46Z (UTC).
Loading SMH funding history...
Related: SMH open interest, SMH volume, SMH perp market data.