VanEck Semiconductor ETF perpetual futures (SMH)Open interest
Chart$8.5M
| Venue | Open interest | 24h change |
|---|---|---|
| QFEX | $2.6M | |
| Binance | $2.0M | |
| trade.xyz | $1.4M | |
| Bitget | $1.2M |
Indices, ETFs and rates perp · up to 50x · 12 venues
VanEck Semiconductor ETF perpetual futures (SMH)
At 03:03 UTC on November 12, 2026, the VanEck Semiconductor ETF (SMH) perp traded at $498.40 (-0.14% over 24 hours), with $8.5M in open interest across 12 venues, led by QFEX with 31%. Maximum leverage is 50x, on Crypto.com; open-interest-weighted funding is 1.3% annualized.
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As of
- trade.xyz, 110 markets
- QFEX, 237 markets
- Vest Classic, 88 markets
- Vest Markets, 64 markets
- Aevo, unavailable
- OKX, 543 markets
- Bitget, 930 markets
- Gate, 1077 markets
- MEXC, 1204 markets
- HTX, 410 markets
- KuCoin, 721 markets
- Binance, 758 markets
- Crypto.com, 414 markets
$498.40Live
Loading the price chart.
SMH at a glance
Volume, 24h
Chart$6.8M
- Volume / OI
- 0.81x
Funding
Chart+1.3% a year
- Widest venue gap
- 118.8% long QFEX, short Crypto.com
Liquidations
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Taker flow
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Long vs short
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Liquidity ±1%
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Liquidations within 5%
Map- Longs, price down 5%
- $29.4K
- Shorts, price up 5%
- $1.6K
- Heaviest long level
- $19.9K near $479.08 (-3.9%)
- Heaviest short level
- $1.6K near $515.22 (+3.4%)
SMH at your leverage
- Liquidation price
- $453.09 −9.1% from $498.40 on Crypto.com
- Position
- $10,000 +$100 for each 1% move
- Today at 10x
- −$13.83 −1.4% of margin from the 24-hour change
- Hold a day
- −$32.56 Funding and borrow at today's rate
| Venue | Offers 10x | Liquidation | Room | Hold a day |
|---|---|---|---|---|
| Crypto.com | Yes | $453.09 | −9.1% | −$32.56 |
| Vest Classic | Yes | $457.71 | −8.2% | −$1.37 |
| Vest Markets | Yes | $457.71 | −8.2% | −$6.92 |
| trade.xyz | Yes | $460.06 | −7.7% | −$1.50 |
| OKX | Yes | $460.06 | −7.7% | $0.00 |
| Bitget | Yes | $460.06 | −7.7% | $0.00 |
| Gate | Yes | $460.06 | −7.7% | $0.00 |
| MEXC | Yes | $460.06 | −7.7% | $0.00 |
| KuCoin | Yes | $460.06 | −7.7% | $0.00 |
| QFEX | Yes | $472.16 | −5.3% | $0.00 |
| HTX | Yes | $472.16 | −5.3% | −$3.00 |
Below 10x:Binance cap not published
SOXL
QQQ
SPY
KORU
HYPESMH perpetual market
Funding spread 118.8% · long QFEX, short Crypto.com · Price dispersion 142 bps
Shorts pay Longs pay (blue tint: negative funding, red tint: positive funding, stronger at larger rates)
View
Dimmed: a venue that caps below your 10x.
| QFEX | SMH-USD | $498.10 | +0.48% | $2.6M | – | 31% | $851.0K | 0.33x | 0.0% | 10x |
|---|---|---|---|---|---|---|---|---|---|---|
| Binance · daily | SMHUSDT | – | – | $2.0M | – | 24% | $2.1M | 1.02x | – | – |
| trade.xyz | xyz:SMH | $498.09 | -0.14% | $1.4M | – | 17% | $2.4M | 1.68x | +5.5% | 20x |
| Bitget | SMHUSDT | $498.73 | +0.37% | $1.2M | – | 14% | $171.0K | 0.14x | 0.0% | 20x |
| OKX | SMH-USDT-SWAP | $499.41 | +0.50% | $660.0K | – | 7.8% | $532.5K | 0.81x | 0.0% | 20x |
| MEXC | SMH_USDT | $498.77 | +0.47% | $282.9K | – | 3.3% | $122.3K | 0.43x | 0.0% | 20x |
| Gate | SMH_USDT | $498.40 | +0.52% | $198.4K | – | 2.3% | $45.4K | 0.23x | 0.0% | 20x |
| Vest Classic | SMH-USD-PERP | $498.46 | +0.53% | $83.3K | – | 1.0% | not published | – | +5.0% | 25x |
| HTX | SMH-USDT | $500.01 | +0.40% | $14.4K | – | 0.2% | $62.6K | 4.34x | +10.9% | 10x |
| KuCoin | SMHUSDTM | $498.82 | +0.44% | $7.2K | – | <0.1% | $573.7K | 79.87x | 0.0% | 20x |
| Crypto.com | SMHUSD-PERP | $492.95 | -0.87% | $2.0K | – | <0.1% | $1.7K | 0.84x | +118.8% | 50x |
| Vest Markets | SMH-USD-PERP | $499.77 | +0.57% | – | – | – | $0 | – | +25.3% | 25x |
| All venues | $498.40 | -0.14% | $8.5M | – | 100% | $6.8M | 0.81x | +1.3% | 50x |
SMH funding rate
SMH funding is +1.3% a year, weighted by open interest across 12 venues, with 118.8% between the highest and lowest venue.
SMH funding settlements, 7 days
trade.xyz
Latest settled +10.5% APR · hourly
QFEX
Latest settled -1.2% APR · hourly
Vest Classic
Latest settled +5.0% APR · hourly
Vest Markets
Latest settled +18.6% APR · hourly
OKX
Latest settled +11.8% APR · every 8h
Bitget
Latest settled 0.0% APR · every 8h
Gate
Latest settled 0.0% APR · every 8h
MEXC
Latest settled 0.0% APR · every 8h
HTX
Latest settled +10.9% APR · every 8h
KuCoin
Latest settled 0.0% APR · every 8h
Crypto.com
Latest settled +45.5% APR · hourly
| Venue | Settlements | 7-day avg APR | Lowest | Highest | Longs paid |
|---|---|---|---|---|---|
| trade.xyz | 168 | +7.9% | -242.9% | +72.6% | 77% of hours |
| QFEX | 168 | -0.5% | -8.8% | +3.8% | 18% of hours |
| Vest Classic | 168 | +5.0% | +5.0% | +5.0% | 100% of hours |
| Vest Markets | 168 | -10.5% | -38.8% | +31.8% | 33% of hours |
| OKX | 28 | +0.4% | -52.2% | +24.3% | 18% of hours |
| Bitget | 28 | -0.1% | -3.3% | +1.0% | 5% of hours |
| Gate | 28 | 0.0% | 0.0% | 0.0% | 0% of hours |
| MEXC | 28 | +0.9% | 0.0% | +8.4% | 14% of hours |
| HTX | 28 | +10.9% | +10.9% | +10.9% | 100% of hours |
| KuCoin | 28 | 0.0% | 0.0% | 0.0% | 0% of hours |
| Crypto.com | 167 | +39.3% | -104.6% | +128.5% | 93% of hours |
SMH open interest
SMH open interest is $8.5M across 12 venues.
SMH liquidation map
Range
Current price $493.45. Hover or use the arrow keys to read a level.
| Price range | Longs | Shorts |
|---|---|---|
| $519.35 to $520.58 | $0 | $20.5K |
| $473.71 to $474.94 | $19.9K | $0 |
| $458.90 to $460.14 | $14.0K | $0 |
| $482.34 to $483.58 | $9.5K | $0 |
| $451.50 to $452.74 | $3.6K | $0 |
| $540.32 to $541.56 | $0 | $3.3K |
| $452.74 to $453.97 | $2.7K | $0 |
| $445.33 to $446.57 | $1.7K | $0 |
| $509.48 to $510.72 | $0 | $1.6K |
| $521.82 to $523.05 | $0 | $1.0K |
96 accounts on trade.xyz · $1.1M long · $838.7K short · Nov 12, 01:00 UTC
SMH liquidation history
SMH long and short liquidations by venue.
SMH volume and order flow
$6.8M of SMH traded in the last 24 hours across 12 venues.
SMH order book and taker flow
trade.xyz
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SMH large trades, 7 days
Trades over $100K · liquidations over $10K
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SMH news
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VanEck Semiconductor ETF coverage
Perps stories
SMH listing and leverage changes
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