VanEck Semiconductor ETF (Dinari Tokenized ETF) Funding Rate (SMH)

Compare VanEck Semiconductor ETF (Dinari Tokenized ETF) perpetual funding rates across exchanges in real time · OI-weighted composite rate · updated every minute

VanEck Semiconductor ETF (Dinari Tokenized ETF) current price: $563.59

Rate MatrixHeatmapCumulative Fees

SMH Funding Rate by Exchange

Next settlement --:--:--
#ExchangeFunding RateAPRSettlement IntervalNext SettlementOpen Interest
1MEXC+0.0000%$0.5M
2Bitget+0.0000%+0.00%8h$0.4M
3Bybit+0.0000%+0.00%8h00:00 UTC$0.3M
4Gatehighest+0.0100%+10.95%8h00:00 UTC$0.2M
5Crypto.com+0.0013%$0.0M
6Binance+0.0000%+0.00%8h00:00 UTC
7HTX+0.0100%+10.95%8h00:00 UTC
8Bitunix-0.0002%-0.19%8h00:00 UTC
9LBank+0.0000%00:00 UTC
APR = period rate × (24 / settlement interval) × 365. Shown as — when the exchange's settlement interval is unknown.
Simple Average
+0.0023%
OI-Weighted Rate
+0.0011%
Volume-Weighted Rate
+0.0001%

SMH Funding Rate History

SMH Cumulative Funding Cost

Cumulative settled funding rate by exchange over each window — positive means longs paid shorts (cost of holding a long), negative means shorts paid longs.

Exchange1D7D30D90D
Binance+0.0000%+0.0000%-0.0690%-0.0690%

About VanEck Semiconductor ETF (Dinari Tokenized ETF) Funding Rate

What is the SMH funding rate?

The SMH funding rate is a periodic payment between long and short traders on VanEck Semiconductor ETF (Dinari Tokenized ETF) perpetual futures, designed to keep the contract price anchored to the spot index. When the rate is positive, longs pay shorts; when negative, shorts pay longs. It is the main ongoing cost (or income) of holding a leveraged SMH perpetual position.

What does a positive or negative SMH funding rate mean?

A persistently positive SMH funding rate signals crowded long positioning and bullish sentiment — longs keep paying to stay in the trade. A negative rate signals short-side dominance and bearish sentiment. Extreme funding rates in either direction often indicate an overcrowded trade and raise the risk of a sharp reversal or short squeeze/long squeeze.

What is the current SMH funding rate?

As of now, the SMH funding rate averages 0.0023% across 9 exchanges CoinBoss tracks, and the rate is positive. This figure updates in real time — check the table above for the latest per-exchange breakdown and the OI-weighted composite rate.

Which exchange has the highest SMH funding rate?

Right now gate shows the highest (or most extreme) SMH funding rate among tracked exchanges, at 0.0100%. Funding rates can vary meaningfully across exchanges due to differences in order-book premium, index price and leverage demand — creating potential funding rate arbitrage opportunities.
Most exchanges settle funding every 8 hours (00:00 / 08:00 / 16:00 UTC). Actual settlement intervals may vary by exchange and contract.