SMH 资金费率历史 — 各交易所已结算支付
VanEck Semiconductor ETF
+1.6418%
Settlements
720
Average APR
+19.99%
Largest
+0.0278%
Smallest
-0.0144%
+1.5989%
Settlements
720
Average APR
+19.47%
Largest
+0.0206%
Smallest
-0.0235%
+0.9000%
Settlements
90
Average APR
+10.96%
Largest
+0.0100%
Smallest
+0.0100%
+0.2301%
Settlements
90
Average APR
+2.80%
Largest
+0.0348%
Smallest
-0.0045%
+0.1940%
Settlements
90
Average APR
+2.36%
Largest
+0.0317%
Smallest
-0.0021%
+0.1258%
Settlements
90
Average APR
+1.53%
Largest
+0.0313%
Smallest
-0.0029%
+0.1168%
Settlements
90
Average APR
+1.42%
Largest
+0.0317%
Smallest
+0.0000%
+0.0469%
Settlements
90
Average APR
+0.57%
Largest
+0.0284%
Smallest
-0.0021%
+0.0323%
Settlements
90
Average APR
+0.39%
Largest
+0.0323%
Smallest
-0.0054%
+0.0214%
Settlements
90
Average APR
+0.26%
Largest
+0.0175%
Smallest
+0.0000%
+0.0000%
Settlements
90
Average APR
+0.00%
Largest
+0.0000%
Smallest
+0.0000%
+0.0000%
Settlements
90
Average APR
+0.00%
Largest
+0.0000%
Smallest
+0.0000%
-0.1629%
Settlements
720
Average APR
-1.98%
Largest
+0.0070%
Smallest
-0.0140%
-2.1674%
Settlements
90
Average APR
-26.39%
Largest
+0.0588%
Smallest
-0.2276%
| Exchange | Settlements | Total Paid | Average APR | Largest | Smallest | Last Settled |
|---|---|---|---|---|---|---|
 Crypto.com | 720 | +1.6418% | +19.99% | +0.0278% | -0.0144% | 2026-10-01 04:00 UTC |
![trade[XYZ]](/icons/exchanges/hl-xyz.svg){kind=icon} trade[XYZ]mirrors Hyperliquid | 720 | +1.5989% | +19.47% | +0.0206% | -0.0235% | 2026-10-01 04:00 UTC |
 HTX | 90 | +0.9000% | +10.96% | +0.0100% | +0.0100% | 2026-10-01 00:00 UTC |
 Bitunix | 90 | +0.2301% | +2.80% | +0.0348% | -0.0045% | 2026-10-01 00:00 UTC |
 Hotcoin | 90 | +0.1940% | +2.36% | +0.0317% | -0.0021% | 2026-10-01 00:01 UTC |
 BloFin | 90 | +0.1258% | +1.53% | +0.0313% | -0.0029% | 2026-10-01 00:00 UTC |
 MEXC | 90 | +0.1168% | +1.42% | +0.0317% | +0.0000% | 2026-10-01 00:00 UTC |
 OKX | 90 | +0.0469% | +0.57% | +0.0284% | -0.0021% | 2026-10-01 00:00 UTC |
 WEEX | 90 | +0.0323% | +0.39% | +0.0323% | -0.0054% | 2026-10-01 00:00 UTC |
 Bybit | 90 | +0.0214% | +0.26% | +0.0175% | +0.0000% | 2026-10-01 00:00 UTC |
 Bitget | 90 | +0.0000% | +0.00% | +0.0000% | +0.0000% | 2026-10-01 00:00 UTC |
 Gate.io | 90 | +0.0000% | +0.00% | +0.0000% | +0.0000% | 2026-10-01 00:00 UTC |
 QFEX | 720 | -0.1629% | -1.98% | +0.0070% | -0.0140% | 2026-10-01 04:00 UTC |
 Toobit | 90 | -2.1674% | -26.39% | +0.0588% | -0.2276% | 2026-10-01 00:00 UTC |
SMH 资金费率的含义
SMH 过去 30 天的实际资金费用：14 家交易所共 3,150 次结算，按交易所逐一列出。这些是已完成的结算——交易所在每个资金间隔实际扣除或发放的金额——而不是当前公布的下一期资金费率。该期间支付最多的是 Crypto.com，为持仓规模的 +1.6418%。
交易所当前显示的资金费率是对下一次结算的预测；持仓实际获得的收益是已完成结算的资金费用之和。两家交易所的资金费率看起来相近，一个月下来实际支付却可能差别很大：它们的结算周期不同，且各自按自己的订单簿而非统一指数计算资金费率。在此记录的 3,150 次结算中，49% 的资金费率为正，即多头向空头支付。
该期间累计支付从 Crypto.com 的 +1.6418% 到 Toobit 的 -2.1674% 不等。两者之差即跨所套利（双合约对冲）在扣除手续费和滑点之前可获得的收益。建仓前请在 ORBIT 资金费率筛选器中确认当前价差：结算历史只反映过去，不代表下一次结算。
Frequently asked questions
- SMH 的资金费率是报价还是实际支付？
- 交易所当前显示的资金费率是对下一次结算的预测；持仓实际获得的收益是已完成结算的资金费用之和。两家交易所的资金费率看起来相近，一个月下来实际支付却可能差别很大：它们的结算周期不同，且各自按自己的订单簿而非统一指数计算资金费率。在此记录的 3,150 次结算中，49% 的资金费率为正，即多头向空头支付。
- 近期哪家交易所支付的 SMH 资金费用最多？
- Crypto.com：过去 30 天共 720 次结算，累计为持仓规模的 +1.6418%，平均年化 +19.99%。这是实际支付之和，而非预测。
- SMH 的资金费用多久结算一次？
- 过去 30 天，ORBIT 在 14 家交易所记录了 SMH 共 3,150 次资金费用结算。各交易所资金间隔不同——有的每小时结算，有的每 4 或 8 小时——因此表中各交易所的结算次数并不相同。
- SMH 各交易所之间最大的已结算资金费率价差是多少？
- 过去 30 天，累计支付从 Crypto.com 的 +1.6418% 到 Toobit 的 -2.1674%。在支付最少的交易所做多、支付最多的交易所做空，扣除手续费和滑点前即可获得这一差额。当前价差请以实时筛选器为准。