FET Funding Rate — live across 8 venues
25 DEX + 8 CEX · net of fees · updated continuously
Live annualized FET perpetual funding across all 8 venues Perpia tracks. Right now FET funding is positive on 8 and negative on 0, ranging from +10.9% on Hyperliquid to +1.8% on KuCoin — a spread of 9.2%. The widest delta-neutral trade is long KuCoin / short Hyperliquid at 6.0% net APR.
FET funding rate by venue
12 pairs scanned| Venue | Funding APR | Interval |
|---|---|---|
| Hyperliquid | +10.9% | 1h |
| Bitget | +10.9% | 8h |
| Variational | +10.9% | 8h |
| BingX | +10.9% | 8h |
| Gate.io | +6.0% | 8h |
| MEXC | +5.0% | 8h |
| Binance | +5.0% | 8h |
| KuCoin | +1.8% | 8h |
Rates annualized; updated ~every few minutes from live venue data.
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FET funding — FAQ
Is FET funding positive right now?
FET perpetual funding is positive on 8 of 8 venues Perpia tracks. The highest is +10.9% on Hyperliquid; the lowest is +1.8% on KuCoin.
What is the best FET funding arbitrage right now?
Go long KuCoin and short Hyperliquid for about 6.0% net APR after fees — the widest delta-neutral FET spread Perpia currently sees.
Which exchange has the highest FET funding rate?
Hyperliquid, at +10.9% annualized. Funding shifts continuously, so check the live table above before trading.
How FET funding arbitrage works
Funding-rate arbitrage is delta-neutral: you go long the venue paying the most negative funding and short the one paying the most positive, so price moves cancel and you collect the spread. The catch is liquidity — a huge APR on a thin book caps at a few thousand dollars and often flips within hours. Perpia shows the max size after slippage and tracks whether a spread holds, so you filter instead of chasing the number.