SMH funding rates and arbitrage

SMH perpetuals trade on 9 contracts across 9 venues, forming 36 cross-venue arbitrage pairs. By net APR the current best pair is long Bitget against short Crypto.com, netting +33.57%, though note the legs settle on different cadences (8h / 4h)ใ€‚

SMH perpetual funding rates by venue

APR = current rate ร— (24 รท settlement interval) ร— 365. Venues settle on different cadences, so rates must be annualised before comparing.

VenueContractMarginSettlementCurrent rateAPR24h avg APR24h volumeMark
KuCoinSMHUSDTMUSDT8h0.0000%0.00%0.00%$1.1M557.070
BitgetSMHUSDTUSDT8h0.0000%0.00%+2.67%$427K557.740
LBankSMHUSDTUSDT8h0.0000%0.00%+0.26%$352K556.750
BybitSMHUSDTUSDT8h0.0000%0.00%+2.38%$232K556.790
OKXSMH-USDT-SWAPUSDT8h0.0000%0.00%+5.44%$182K557.030
MEXCSMH_USDTUSDT8h0.0000%0.00%+0.25%$116K556.440
HTXSMH-USDTUSDT8h0.0100%+10.95%+10.95%$61K561.755
GateSMH_USDTUSDT8h0.0000%0.00%0.00%$12K556.500
Crypto.comSMHUSD-PERPUSD4h0.0153%+33.57%+15.45%$2K556.030

SMH cross-venue arbitrage pairs

Short the higher-APR leg and go long the lower one; net APR = short leg โˆ’ long leg.

LongShortNet APRDaily24h avgSettlementLiquidity
Bitget USDTCrypto.com USD+33.57%0.0920%+12.78%8h / 4h$2K
Bybit USDTCrypto.com USD+33.57%0.0920%+13.07%8h / 4h$2K
Gate USDTCrypto.com USD+33.57%0.0920%+15.45%8h / 4h$2K
KuCoin USDTCrypto.com USD+33.57%0.0920%+15.45%8h / 4h$2K
LBank USDTCrypto.com USD+33.57%0.0920%+15.20%8h / 4h$2K
MEXC USDTCrypto.com USD+33.57%0.0920%+15.21%8h / 4h$2K
OKX USDTCrypto.com USD+33.57%0.0920%+10.01%8h / 4h$2K
HTX USDTCrypto.com USD+22.62%0.0620%+4.50%8h / 4h$2K
Bitget USDTHTX USDT+10.95%0.0300%+8.28%8h matched$61K
Bybit USDTHTX USDT+10.95%0.0300%+8.57%8h matched$61K
Gate USDTHTX USDT+10.95%0.0300%+10.95%8h matched$12K
KuCoin USDTHTX USDT+10.95%0.0300%+10.95%8h matched$61K

VanEck Semiconductor ETF (Dinari Tokenized ETF) project profile

Key facts
Total
36
Max supply
unlimited
Type
Token
Market cap rank
#8327
Tokenized AssetsAvalanche EcosystemArbitrum EcosystemEthereum EcosystemReal World Assets (RWA)Base EcosystemDinari EcosystemTokenized Exchange-Traded Funds (ETFs)
Contract addresses
ethereum0xb15448a28c3af8b3cd419bc9e9966c8237c27b87
base0x667c1ae4a75e5f8232e61485be214fe5cf861a22
arbitrum0x827f892083eee74cfb43146c9f5e397517e16d7e
avalanche0xb15448a28c3af8b3cd419bc9e9966c8237c27b87

Reference data from CoinGecko, independent of the rate data on this site. We do not verify or endorse what these links contain.

Funding rates for other coins

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