SMH Funding Rate on Toobit

As of 2026-10-06 12:55 UTC, the SMH perpetual on Toobit pays -0.0080% per 8h, -0.0080% per 8 hours (-8.78% APR), so shorts pay longs. That is the 14th highest of 14 exchanges shown, against a volume-weighted average of 0.0184% per 8 hours (20.14% APR). Over the last 7 days Toobit averaged -0.0046% per 8 hours (-5.06% APR). The next funding is at 2026-10-06 16:00 UTC.

Compare Toobit with other exchanges over 7 or 30 days

The widest pairing for Toobit is long SMH on Toobit and short on MEXC. Fees, slippage and the price basis between venues reduce the net return. Learn what a funding rate is.

Frequently asked questions

What is the SMH funding rate on Toobit?

-0.0080% per 8h, or -0.0080% per 8 hours (-8.78% APR), so shorts pay longs. The 7-day average is -0.0046% per 8 hours (-5.06% APR).

How often does Toobit pay SMH funding?

Every 8 hours. The next payment is at 2026-10-06 16:00 UTC.

Is SMH funding on Toobit higher than on other exchanges?

Toobit is the 14th highest of 14 exchanges shown. The highest is MEXC at 0.0205% per 8h (22.45% APR) and the lowest is Toobit at -0.0080% per 8h (-8.78% APR).

How do you arbitrage SMH funding with Toobit?

Long SMH on Toobit and short on MEXC for a gross spread of 0.0285% per 8 hours (31.23% APR). Trading fees, slippage and the price basis between the two venues reduce the net return.