SMH (SMH) price, where to buy & arbitrage

SMH 12 exchanges

smh (SMH) trades on 12 exchanges that Finder tracks live, across 12 perpetual markets. smh arbitrage means buying SMH where it is priced lower and selling where it is higher, capturing the gap before it closes. The deepest liquidity is on Hyperliquid ($1,851,790 of $6,703,827 total 24h volume). It can be moved between exchanges over 1, SMH, SPACEMESH. Finder compares every SMH quote in real time to surface the best cross-exchange arbitrage spread, with live deposit and withdrawal status on each rail. Closed transfer rails are flagged before you act, so a wide spread on a stuck route is never shown as live.

Data refreshed 2026-06-29
View on dashboard
Live · 12 exchanges Real-time ↗
$634.225
+3.24%24h
Cross-exchange $24.22 · 3.84%
Most liquid Hyperliquid futures · $1.9M/24h
Supported networks 3 chains
1 Smh Spacemesh

SMH price · last 7d

-5.36%
low 604.49 Hyperliquid · 7d high 667.06

Pre-IPO & tokenized-equity trading

Crypto

smh (SMH) trades as a pre-IPO / tokenized-equity perpetual across 12 exchanges. It lets traders take a position on smh before any public listing, the price set by perpetual-futures demand rather than a spot market, so it can diverge between exchanges.

Where SMH trades

12 markets
Exchange
Market
Funding
Bid
Ask
24h Vol
Vol%
NetworkD/WFee
Hyperliquid
futures
+0.0006%
$630.13
$631.29
$1.9M
27.6%
❔
Ourbit
futures
+0.0000%
$631.68
$634.12
$1.7M
25.5%
❔
Bitmart
futures
+0.0100%
$629.8
$637.7
$1.1M
16.7%
❔
Weex
futures
·
$631.5
$631.62
$537k
8.0%
❔
Lbank
futures
+0.0000%
$631.06
$631.79
$506k
7.5%
❔
Bitget
futures
+0.0000%
$631.13
$631.73
$350k
5.2%
❔
Okx
futures
+0.0000%
$631.68
$634.12
$213k
3.2%
❔
Mexc
futures
+0.0000%
$631.13
$631.72
$175k
2.6%
SMHDW$63.42
Xt
futures
+0.0000%
$631.58
$634.02
$140k
2.1%
SPACEMESHDW$1,078,626
Htx
futures
+0.0100%
$621.33
$688.53
$42k
0.6%
❔
Gateio
futures
+0.0100%
$632
$636.3
$35k
0.5%
❔
Hotcoin
futures
+0.0002%
$630.04
$635.4
$22k
0.3%
1DWfree

About smh spreads

Q.01 Where can I buy SMH? +
SMH is listed on 12 exchanges: Bitget, Bitmart, Gateio, Hotcoin, Htx, Hyperliquid, Lbank, Mexc, …. The highest-volume market is Hyperliquid ($1,851,790 24h). Current lowest price: $630.71 on Hyperliquid (perp-DEX).
Q.02 Where is SMH cheapest to buy right now? +
The lowest live SMH price across the exchanges we track is $630.71 on Hyperliquid (perp-dex). Prices move every second, so the cheapest exchange can change. The live table above is the source of truth.
Q.03 Does SMH trade on spot or futures? +
SMH is available across 12 perpetual markets. Both spot-versus-perp and cross-exchange spreads are surfaced on the dashboard.
Q.04 How do I arbitrage SMH between exchanges? +
Buy SMH on the cheaper exchange and sell on the dearer one, then settle the difference. You either transfer the coin (only when the deposit and withdrawal rail is open) or hold offsetting spot and perpetual legs. The main risks are transfer windows, fees and execution speed, all of which Finder surfaces per spread so you act only on routes that are actually open.
Q.05 Which networks does SMH support for deposit and withdrawal? +
SMH can be transferred via 1, SMH, SPACEMESH networks. Real-time deposit/withdrawal status per exchange is tracked in the table above. Rails change frequently and we refresh our data every few minutes.
Q.06 How often are SMH prices and arbitrage data updated? +
Orderbook prices come from exchange WebSockets with per-symbol updates within seconds. Deposit/withdrawal status refreshes every few minutes. Arbitrage spreads are computed continuously from the same stream.

Related tokens

4
ZM zm
$6.7M 24h
NFLX nflx
$6.7M 24h
XPB xpb
$6.8M 24h
TSEM tsem
$6.5M 24h

How to arbitrage SMH

Cross-exchange arbitrage
Compare spot prices across exchanges, move the coin on an open rail, capture the gap.
Spot-futures basis
Trade the basis between spot and the perpetual on the same asset.
%
Funding-rate arbitrage
Earn the funding-rate spread delta-neutral across perpetual venues.
Full arbitrage guide
The complete playbook: routes, fees, transfer rails, risks and execution.

Want SMH alerts sent to Telegram?

Every time a spread above our filter opens on SMH, across the 12 exchanges we watch, you get a single message with everything you need to decide.

Open bot ● No signup form, no card

Learn about crypto arbitrage

All articles ↗
cost of one turn

fixed — flat $ variable — % of turn

network fee ~$1–6 taker floor (sometimes) 2–6% at $100 0.06% at $10k

taker buy ~0.1% taker sell ~0.1% ~0.2% at any size constant share

How much capital to start crypto arbitrage in 2026
The honest answer to how much money you need to start crypto arbitrage: why fixed network fees eat $100 alive, worked $100/$1k/$10k tiers, and where slippage caps the upside.
$6 = 2% on $300 · eats a small route ERC-20 TRC-20 Polygon BEP-20 Base Solana ~$3–25 ~$1 ~$0.20 ~$0.30 ~$0.05 ~$0.02 fixed fee per stablecoin withdrawal →
Cheapest network to transfer USDT and USDC for arbitrage
Which network is cheapest to move USDT/USDC for arbitrage: TRC-20 vs ERC-20 vs BEP-20 vs Solana vs L2s, compared on fee, speed and exchange support, with the closed-deposit trap.
P2P loop — fiat + people crypto loop — on-chain

you — fiat in bank seller's ad · escrow you hold USDT buyer's ad · escrow fiat back to bank bank + 2 people in loop

USDT (on-chain) buy A → move → sell B USDT (on-chain) no bank, no person

P2P arbitrage: how it works, the edge, and the risks
What P2P arbitrage is: buy crypto cheap from one person for fiat, sell dearer to another. The escrow mechanics, where the edge comes from, and the real banking and counterparty risks.
1.003 1.000 0.997 0.880

normal: inside the band depeg event

trough ~0.88 ±0.05% recovery

Stablecoin arbitrage: USDT/USDC depeg and peg spreads
How stablecoin arbitrage works: why USDT and USDC trade at slightly different prices across exchanges, what a depeg is, and how to tell a tradeable peg spread from a false one.
Get alerts