Asset detail
VanEck Semiconductor ETF SMH ETF tokens & perpetuals
Tracked for SMH: 4 spot token markets and 9 perpetual markets across 9 trading venues.
SMH markets at a glance
- Among comparable spot token quotes, Binance's SMHB has the lowest normalized price, at -0.01% relative to the reference.
- The most actively traded is the etf perpetuals SMHUSDT on Binance, with $1.60M in 24h volume.
- 9 perpetual markets are tracked, with a highest listed leverage of 25× and funding rates from 0.0000% to +0.1530%. Check each contract's funding interval.
- Minimum orders start from about $0.48.
- Data as of (sources and method)
- Token symbols: SMHB, SMHx, SMHG
About VanEck Semiconductor ETF (SMH)
VanEck Semiconductor ETF (SMH) is an ETF listed in the US.
VanEck Semiconductor ETF (SMH) key figures
- Of the 13 VanEck Semiconductor ETF (SMH) markets we track, Binance has the most activity, with 39% of 24h volume; spot tokens traded $46.5K and perpetuals $4.10M in total.
- The reference price moved +2.42% over 7 days, -13.99% over 30 days; its 30-day low was US$ 444.76 (Nov 5) and high US$ 567.87 (Oct 28).
- Over the last 30 days, SMHBUSDT on Binance ranged from a -0.87% premium (Nov 8) to +0.52% (Oct 18) against the stock.
- Funding is highest on Hyperliquid (+0.1514%) and lowest on Binance (0.0000%); at the highest rate with 8-hour settlement, a $10,000 long pays about $45 a day.
- On Oct 22, Kraken listed the stock token SMHx/USD.
- xStocks published official contract addresses on 8 chains; verify them below before buying on-chain.
Compare price and volume
Venue
| Venue | Type | Price | Premium | 24h volume | Trade |
|---|---|---|---|---|---|
|
Binance
Best price
|
ETF token
SMHBUSDT · bStocks · min order $5
More metrics
|
US$ 477.76 | -0.01% | $34.4K | Trade |
| OKX |
ETF token
XSMH-USDT · xStocks · min order $0.48
More metrics
|
US$ 478.71 | +0.18% | $10.1K | Trade |
| Gate |
ETF token
SMHG_USDT · gStocks · min order $3
More metrics
|
US$ 476.36 | -0.31% | $1.2K | Trade |
| Kraken |
ETF token
SMHx/USD · xStocks · min order $0.5
More metrics
|
US$ 483.04 | +1.09% | $526 | Trade |
|
Binance
Most active
|
ETF perpetual
SMHUSDT · min order $5
More metrics
|
US$ 478.63 | +0.09% | $1.60M | Trade |
| Bitget |
ETF perpetual
SMHUSDT · min order $5
More metrics
|
US$ 478.21 | +0.14% | $802.2K | Trade |
| BingX |
ETF perpetual
NCSKSMH2USD-USDT · min order $2
More metrics
|
US$ 478.63 | +0.01% | $725.6K | Trade |
| Hyperliquid |
ETF perpetual
xyz:SMH · min order $10
More metrics
|
US$ 477.51 | +0.11% | $551.4K | Trade |
| Bybit |
ETF perpetual
SMHUSDT · min order $5
More metrics
|
US$ 478.55 | +0.15% | $128.9K | Trade |
| OKX |
ETF perpetual
SMH-USDT-SWAP · min order $4.78
More metrics
|
US$ 478.43 | +0.15% | $117.8K | Trade |
| MEXC |
ETF perpetual
SMH_USDT · min order $0.48
More metrics
|
US$ 478.11 | +0.02% | $106.4K | Trade |
| Hyperliquid |
ETF perpetual
para:SMH · min order $10
More metrics
|
US$ 478.67 | +0.32% | $62.6K | Trade |
| Gate |
ETF perpetual
SMH_USDT · min order $4.76
More metrics
|
US$ 476.20 | -0.44% | $10.5K | Trade |
Outside regular US market hours the underlying price and premium are indicative only.
Historical trends
Premium and price history
Premium over the last 30 days
Over the last 30 days we recorded hourly token prices for SMH on 2 venues (721 hours of data).
On average, Binance SMHBUSDT tracked the stock most closely (-0.04%), while OKX XSMH-USDT drifted the most (+0.23%).
In hours when several venues had prices, Binance SMHBUSDT was the cheapest 76% of the time.
On weekdays the average gap to the stock was 0.18%; on weekends it widened to 0.24%, because only token traders set the price while the stock market is closed. Watch the premium when buying on weekends.
| Venue | Avg. premium | Weekend avg. | Cheapest share of time |
|---|---|---|---|
| Binance SMHBUSDT | -0.04% | -0.09% | 76% |
| OKX XSMH-USDT | +0.23% | +0.31% | 24% |
Stock token premium to the underlying
- Binance · SMHBUSDT
- OKX · XSMH-USDT
- Gate · SMHG_USDT
- Kraken · SMHx/USD
Show daily data
| Date | Binance · SMHBUSDT | OKX · XSMH-USDT | Gate · SMHG_USDT | Kraken · SMHx/USD |
|---|---|---|---|---|
| 2026-11-15 | -0.01% | +0.18% | -0.31% | +1.09% |
| 2026-11-14 | +0.11% | +0.01% | -0.16% | +1.46% |
| 2026-11-13 | -0.07% | -0.04% | -0.03% | +0.41% |
| 2026-11-12 | -0.08% | -0.04% | +0.17% | -2.04% |
| 2026-11-11 | -0.23% | -0.09% | -0.04% | -3.49% |
| 2026-11-10 | 0.00% | -0.11% | +0.12% | -2.03% |
| 2026-11-09 | -0.03% | +0.12% | +0.01% | -4.42% |
| 2026-11-08 | -0.50% | +0.56% | -0.12% | +0.75% |
| 2026-11-07 | -0.19% | +0.10% | -0.22% | -0.45% |
| 2026-11-06 | -0.18% | -0.26% | -0.19% | -0.38% |
| 2026-11-05 | -0.08% | +0.24% | -0.23% | 0.00% |
| 2026-11-04 | +0.08% | +0.22% | +0.07% | +0.79% |
| 2026-11-03 | -0.20% | +0.13% | +0.25% | -0.17% |
| 2026-11-02 | +0.11% | +0.32% | +0.10% | -0.29% |
| 2026-11-01 | -0.02% | -0.13% | 0.00% | -0.42% |
| 2026-10-31 | -0.06% | +0.20% | -0.16% | -0.06% |
| 2026-10-30 | -0.05% | -0.19% | -0.25% | +0.02% |
| 2026-10-29 | -0.16% | +0.11% | -0.20% | +3.46% |
| 2026-10-28 | -0.21% | +0.14% | +0.07% | +0.61% |
| 2026-10-27 | +0.09% | -0.06% | +0.01% | -1.56% |
| 2026-10-26 | -0.01% | -0.11% | 0.00% | -2.88% |
| 2026-10-25 | -0.04% | -0.07% | -0.14% | -0.36% |
| 2026-10-24 | -0.18% | +0.87% | -0.06% | +0.08% |
| 2026-10-23 | -0.02% | +0.41% | -0.07% | +0.19% |
| 2026-10-22 | +0.05% | +0.44% | 0.00% | +1.46% |
| 2026-10-21 | +0.03% | +0.75% | +0.12% | +0.40% |
| 2026-10-20 | +0.02% | -0.28% | -0.03% | -1.55% |
| 2026-10-19 | +0.01% | +0.50% | +0.07% | +0.13% |
| 2026-10-18 | +0.43% | +0.13% | -0.19% | +2.81% |
| 2026-10-17 | -0.27% | +0.39% | -0.17% | +3.12% |
| 2026-10-16 | +0.03% | +0.14% | -0.02% | +3.42% |
Underlying price
Show daily data
| Date | Underlying price |
|---|---|
| 2026-11-15 | 477.83 |
| 2026-11-14 | 476.10 |
| 2026-11-13 | 481.07 |
| 2026-11-12 | 507.85 |
| 2026-11-11 | 495.59 |
| 2026-11-10 | 488.20 |
| 2026-11-09 | 490.37 |
| 2026-11-08 | 460.82 |
| 2026-11-07 | 466.38 |
| 2026-11-06 | 466.06 |
| 2026-11-05 | 444.76 |
| 2026-11-04 | 501.89 |
| 2026-11-03 | 523.39 |
| 2026-11-02 | 513.35 |
| 2026-11-01 | 529.05 |
| 2026-10-31 | 527.16 |
| 2026-10-30 | 526.70 |
| 2026-10-29 | 543.60 |
| 2026-10-28 | 559.01 |
| 2026-10-27 | 558.98 |
| 2026-10-26 | 545.58 |
| 2026-10-25 | 530.51 |
| 2026-10-24 | 528.17 |
| 2026-10-23 | 527.61 |
| 2026-10-22 | 520.99 |
| 2026-10-21 | 548.08 |
| 2026-10-20 | 558.89 |
| 2026-10-19 | 549.47 |
| 2026-10-18 | 544.74 |
| 2026-10-17 | 543.11 |
| 2026-10-16 | 541.51 |
Perpetual funding rate history (per 8 hours)
- Binance · SMHUSDT
- Bitget · SMHUSDT
- BingX · NCSKSMH2USD-USDT
- Hyperliquid · xyz:SMH
Show daily data
| Date | Binance · SMHUSDT | Bitget · SMHUSDT | BingX · NCSKSMH2USD-USDT | Hyperliquid · xyz:SMH |
|---|---|---|---|---|
| 2026-11-15 | 0.0000% | 0.0000% | +0.0200% | +0.0721% |
| 2026-11-14 | 0.0000% | 0.0000% | +0.0050% | +0.0050% |
| 2026-11-13 | 0.0000% | 0.0000% | +0.0050% | -0.0347% |
| 2026-11-12 | 0.0000% | 0.0000% | +0.0016% | -0.0253% |
| 2026-11-11 | 0.0000% | 0.0000% | +0.0020% | +0.0080% |
| 2026-11-10 | +0.0032% | 0.0000% | +0.0027% | +0.0050% |
| 2026-11-09 | 0.0000% | 0.0000% | +0.0050% | +0.0050% |
| 2026-11-08 | 0.0000% | 0.0000% | +0.0050% | +0.0604% |
| 2026-11-07 | 0.0000% | 0.0000% | +0.0050% | -0.0376% |
| 2026-11-06 | 0.0000% | 0.0000% | +0.0050% | -0.0193% |
| 2026-11-05 | 0.0000% | 0.0000% | +0.0301% | +0.0540% |
| 2026-11-04 | 0.0000% | 0.0000% | +0.0050% | +0.0174% |
| 2026-11-03 | 0.0000% | 0.0000% | +0.0050% | +0.0112% |
| 2026-11-02 | 0.0000% | 0.0000% | +0.0050% | +0.0269% |
| 2026-11-01 | 0.0000% | 0.0000% | +0.0050% | +0.0280% |
| 2026-10-31 | 0.0000% | 0.0000% | +0.0050% | -0.0292% |
| 2026-10-30 | 0.0000% | 0.0000% | +0.0050% | +0.0050% |
| 2026-10-29 | 0.0000% | 0.0000% | +0.0050% | -0.0007% |
| 2026-10-28 | 0.0000% | 0.0000% | +0.0050% | -0.0036% |
| 2026-10-27 | 0.0000% | 0.0000% | +0.0050% | +0.0050% |
| 2026-10-26 | +0.0527% | 0.0000% | +0.0501% | +0.0266% |
| 2026-10-25 | 0.0000% | 0.0000% | +0.0050% | -0.0288% |
| 2026-10-24 | 0.0000% | 0.0000% | +0.0050% | +0.0330% |
| 2026-10-23 | +0.0360% | 0.0000% | +0.0355% | +0.0050% |
| 2026-10-22 | +0.0393% | 0.0000% | +0.0373% | +0.0078% |
| 2026-10-21 | +0.0036% | 0.0000% | -0.0050% | +0.0121% |
| 2026-10-20 | 0.0000% | 0.0000% | +0.0050% | +0.0050% |
| 2026-10-19 | +0.0075% | 0.0000% | -0.0050% | +0.0115% |
| 2026-10-18 | 0.0000% | 0.0000% | -0.0050% | +0.1149% |
| 2026-10-17 | 0.0000% | 0.0000% | +0.0050% | +0.0050% |
| 2026-10-16 | +0.0071% | 0.0000% | +0.0065% | +0.0078% |
Average funding rates
| Venue | 7-day average | 30-day average | Annualized |
|---|---|---|---|
| Binance SMHUSDT | +0.0041% | +0.0032% | +3.45% |
| Bitget SMHUSDT | +0.0008% | +0.0004% | +0.40% |
| BingX NCSKSMH2USD-USDT | +0.0107% | +0.0092% | +10.04% |
| Hyperliquid xyz:SMH | +0.0009% | +0.0079% | +8.69% |
| Bybit SMHUSDT | -0.0010% | +0.0021% | +2.35% |
| OKX SMH-USDT-SWAP | +0.0043% | +0.0023% | +2.52% |
| MEXC SMH_USDT | +0.0041% | +0.0031% | +3.44% |
| Hyperliquid para:SMH | -0.0636% | +0.0238% | +26.07% |
Funding is shown per 8 hours (hourly venues such as Hyperliquid are converted); when positive, longs pay shorts. Annualized figures use the 30-day average, or the 7-day average when there are fewer than 14 days of data, and actual costs change with the market. Estimate holding costs
Cross-venue funding gap: long on Bybit (7-day avg -0.0009%) and short on BingX (+0.0108%) differ by +0.0117% per 8 hours on average, or +12.81% annualized (before fees and price gaps). Funding arbitrage and basis →
Shaded bands mark regular US trading hours; stats include only tokens with a known share ratio and enough liquidity. How we calculate
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Before signing up: Binance account guide · OKX account guide · Bybit account guide · Gate account guide
Asset verification
Official contract addresses (avoid fakes)
Many copycat tokens use the same name on-chain. Only trust the issuer-published addresses below and double-check the address in your wallet or swap page before buying.
Know before trading
Before trading / FAQ
Which venues list SMH ETF tokens & perpetuals?
The tracked venues include Binance, OKX, Bybit, Gate, Bitget, MEXC, BingX, Kraken, Hyperliquid. Check the product type for each ETF tokens & perpetuals listing, along with the venue's location and account restrictions.
Can SMH ETF tokens & perpetuals be traded on weekends?
Most venues trade at weekends, but while the stock market is closed prices are set only by traders and can drift further: over the last 30 days the average gap was 0.24% on weekends versus 0.18% on weekdays.
What is the minimum order for SMH ETF tokens & perpetuals?
The lowest minimum order across venues is currently about $0.48 (MEXC).
What is the difference between the SMH token versions?
SMH has token versions issued by bStocks, xStocks. They track the same stock but are issued and held by different institutions, cannot be swapped for each other directly, and differ in price, liquidity and where they trade. Common symbols: SMHB, SMHx, SMHG. Check the symbol and issuer before buying.
Do SMH stock token holders get dividends?
bStocks: see Binance's product terms for how dividends are handled. xStocks: dividends are reinvested after tax, raising the shares each token represents. Perpetuals only track the price and pay no dividends; some venues adjust contracts around ex-dividend dates under their own rules.
New to terms like premium or funding rate? See the glossary →
Related guides
Tokenized Stocks vs Shares and Stock Perpetuals
What Are Stock Perpetuals? How Funding Rates Work and How to Calculate Them
Why Stock Tokens Trade at a Premium or Discount to the Stock
Do Stock Tokens Pay Dividends? How xStocks and Ondo Reinvest Them
Can You Trade Stock Tokens on Weekends? Trading Hours and Price Gaps
Are Stock Tokens Safe? Issuer, Custody, Venue and Fake Token Risks
Compare venues for SMH
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