FET funding rates and arbitrage
Updated 2026-11-11 22:54 UTC
Best FET arbitrage after every cost
No FET pair nets a profit at this size right now.
At $10,000 per side, held 7 days, after taker fees, order-book slippage and carry.
FET funding rate on every exchange
| Exchange | Contract | Rate | Every | Annualised | Settled 7d, annualised | Open interest | Next settlement |
|---|---|---|---|---|---|---|---|
| Kraken | PF_FETUSD | 0.0082% | 1 h | +72.2% | −2.8% | $1M | 2026-11-11 23:00 |
| BloFin | FET-USDT | 0.0130% | 8 h | +14.2% | +11.8% | $1.1M | 2026-11-12 00:00 |
| Phoenix | FET | 0.0013% | 1 h | +11.7% | −3.5% | — | 2026-11-11 23:00 |
| Extended | FET-USD | 0.0013% | 1 h | +11.4% | +1.5% | $38.3K | 2026-11-11 23:00 |
| KuCoin | FETUSDTM | 0.0100% | 8 h | +10.9% | +7.3% | $8M | 2026-11-12 00:00 |
| MEXC | FET_USDT | 0.0100% | 8 h | +10.9% | +2.6% | $13.2M | 2026-11-12 00:00 |
| Bitget | FETUSDT | 0.0100% | 8 h | +10.9% | +9.8% | $11.1M | 2026-11-12 00:00 |
| OKX | FET-USDT-SWAP | 0.0050% | 4 h | +10.9% | +7.1% | $1.5M | 2026-11-12 00:00 |
| LBank | FETUSDT | 0.0100% | 8 h | +10.9% | +12.7% | — | 2026-11-12 00:00 |
| WOO X | PERP_FET_USDT | 0.0100% | 8 h | +10.9% | +2.6% | $26K | 2026-11-12 00:00 |
| Bitunix | FETUSDT | 0.0100% | 8 h | +10.9% | +2.9% | — | 2026-11-12 00:00 |
| BingX | FET-USDT | 0.0100% | 8 h | +10.9% | +9.9% | $1.9M | 2026-11-12 00:00 |
| Binance | FETUSDT | 0.0100% | 8 h | +10.9% | +2.6% | $19.2M | 2026-11-12 00:00 |
| TXFlow | FET-USDC | 0.0013% | 1 h | +10.9% | — | $26.1K | 2026-11-11 23:00 |
| Aster | FETUSDT | 0.0100% | 8 h | +10.9% | +11.0% | $152.8K | 2026-11-12 00:00 |
| Gate | FET_USDT | 0.0100% | 8 h | +10.9% | +4.4% | $1.1M | 2026-11-12 00:00 |
| Hyperliquid | FET | 0.0013% | 1 h | +10.9% | +10.9% | $5.8M | 2026-11-11 23:00 |
| Variational | FET-PERP | 0.0100% | 8 h | +10.9% | +12.7% | $256.8K | 2026-11-12 00:00 |
| Bitfinex | tFETF0:USTF0 | 0.0085% | 8 h | +9.3% | — | $30.2K | 2026-11-12 00:00 |
| WhiteBIT | FET_PERP | 0.0082% | 8 h | +9.0% | +1.8% | $3.6M | 2026-11-12 00:00 |
| Crypto.com | FETUSD-PERP | -0.0021% | 1 h | −18.4% | +23.8% | $1.9K | 2026-11-11 23:00 |
Borrow FET to sell spot
| Exchange | Borrow APR | Per-account limit |
|---|---|---|
| Bitget | 2.02% | — |
| Bybit | 8.73% | — |
| Binance | 11.11% | — |
| Gate | 12.21% | $120K |
Cost to enter $10,000 of FET
| Exchange | Contract | Fee + slippage | Source |
|---|---|---|---|
| Kraken | PF_FETUSD | 13.7 bp | order-book snapshot, 1 min old |
| WhiteBIT | FET_PERP | 22.1 bp | order-book snapshot, 40 min old |
| MEXC | FET_USDT | 3.4 bp | top of book only |
| Extended | FET-USD | 6.2 bp | top of book only |
| Binance | FETUSDT | 8.4 bp | top of book only |
| OKX | FET-USDT-SWAP | 8.4 bp | top of book only |
| BingX | FET-USDT | 8.4 bp | top of book only |
| Hyperliquid | FET | 8.5 bp | top of book only |
| Bitget | FETUSDT | 9.4 bp | top of book only |
| Variational | FET-PERP | 10.2 bp | top of book only |
| Gate | FET_USDT | 10.9 bp | top of book only |
| KuCoin | FETUSDTM | 12.8 bp | top of book only |
Taker fee plus slippage of a market buy of $10,000 from the mid price, at standard (VIP0) fees.
More on FET
Questions
Is FET funding-rate arbitrage profitable right now?
Not at $10,000 per side for 7 days: no FET pair shows a verified profit after fees and order-book slippage right now. Rates change every hour; the live page re-ranks continuously.
Which exchange has the highest FET funding rate?
Kraken at +72.2% a year (0.0082% every 1 h); the lowest is Crypto.com at −18.4%. A positive rate is paid by longs to shorts, a negative one by shorts to longs.
The method behind every number on AfterFees is published; Pro opens each figure into its line-by-line calculation. Estimates from current data, not investment advice. We never hold funds or trade for you.