SMH Funding Rates: Live Across 13 Exchanges

As of 2026-10-03 04:15 UTC, SMH perpetual funding averages 0.0063% per 8 hours (6.88% APR) across all 13 exchanges that list it, weighted by 24h volume (median 0.0000%). Highest: WEEX at 0.0101% per 8h (11.09% APR). Lowest: Toobit at 0.0000% per 8h (0.00% APR). Going long on Toobit and short on WEEX collects a gross spread of 0.0101% per 8 hours (11.09% APR) before fees.

Long SMH on Toobit and short on WEEX for a funding gap of 0.0101% per 8 hours. Trading fees, slippage and the price basis between venues reduce the net return; the funding table shows it after fees for your size. See how this gap moved. Learn how funding rate arbitrage works and what a funding rate is.

Frequently asked questions

Is the SMH funding rate positive right now?

Mostly no. SMH funding is positive on 3 of the 13 exchanges, which means longs are paying shorts on those venues.

Which exchange has the highest SMH funding rate?

WEEX at 0.0101% per 8h (11.09% APR). The lowest is Toobit at 0.0000% per 8h (0.00% APR).

What is the SMH funding arbitrage spread?

The gross spread is 0.0101% per 8 hours (11.09% APR): long SMH on Toobit and short on WEEX. Trading fees, slippage and price basis reduce the net return.

How often is SMH funding paid?

SMH funding is paid every 8 hours on WEEX, HTX, Deepcoin, Binance, Bybit, OKX, Bitget, Gate, MEXC, BTSE, XT.COM, LBank, and Toobit. Rates on this page are also shown as APR so they can be compared directly.