FET funding rates and arbitrage

FET perpetuals trade on 16 contracts across 16 venues, forming 120 cross-venue arbitrage pairs. By net APR the current best pair is long Deribit against short Coinbase, netting +920.52%, though note the legs settle on different cadences (8h / 1h)。

FET perpetual funding rates by venue

APR = current rate × (24 ÷ settlement interval) × 365. Venues settle on different cadences, so rates must be annualised before comparing.

VenueContractMarginSettlementCurrent rateAPR24h avg APR24h volumeMark
BinanceFETUSDTUSDT8h-0.0005%-0.58%-4.12%$56.5M0.18970
LBankFETUSDTUSDT8h-0.0004%-0.39%-4.12%$29.9M0.18970
MEXCFET_USDTUSDT8h-0.0003%-0.33%-4.12%$8.9M0.18960
GateFET_USDTUSDT8h0.0002%+0.22%-11.45%$5.2M0.18970
BitgetFETUSDTUSDT8h0.0100%+10.95%+9.21%$5.1M0.18970
KuCoinFETUSDTMUSDT8h0.0100%+10.95%+10.95%$4.6M0.18970
BingXFET-USDTUSDT8h0.0100%+10.95%+9.21%$3.8M0.18960
WhiteBITFET_PERPUSDT8h0.0100%+10.95%-16.60%$3.6M0.18940
OKXFET-USDT-SWAPUSDT4h0.0050%+10.95%+10.95%$3.2M0.18950
HyperliquidFETUSDC1h-0.0022%-18.83%+0.28%$2.1M0.18955
KrakenPF_FETUSDUSD1h-0.0030%-25.98%-4.69%$1.6M0.18969
AsterFETUSDTUSDT8h0.0100%+10.95%+10.95%$445K0.18982
DeribitFET_USDC-PERPETUALUSDC8h-0.0303%-33.13%-23.08%$332K0.18966
BitfinextFETF0:USTF0USDT8h0.0000%0.00%0.00%$25K0.18977
Crypto.comFETUSD-PERPUSD4h-0.0031%-6.83%-10.68%$910.18970
CoinbaseFET-PERPUSDC1h0.1013%+887.39%+887.39%$00.23700

FET cross-venue arbitrage pairs

Short the higher-APR leg and go long the lower one; net APR = short leg − long leg.

LongShortNet APRDaily24h avgSettlementLiquidity
Deribit USDCCoinbase USDC+920.52%2.5220%+910.47%8h / 1h$0
Kraken USDCoinbase USDC+913.37%2.5024%+892.08%1h matched$0
Hyperliquid USDCCoinbase USDC+906.22%2.4828%+887.11%1h matched$0
Crypto.com USDCoinbase USDC+894.22%2.4499%+898.07%4h / 1h$0
Binance USDTCoinbase USDC+887.97%2.4328%+891.50%8h / 1h$0
LBank USDTCoinbase USDC+887.78%2.4323%+891.50%8h / 1h$0
MEXC USDTCoinbase USDC+887.72%2.4321%+891.50%8h / 1h$0
Bitfinex USDTCoinbase USDC+887.39%2.4312%+887.39%8h / 1h$0
Gate USDTCoinbase USDC+887.17%2.4306%+898.84%8h / 1h$0
Aster USDTCoinbase USDC+876.44%2.4012%+876.44%8h / 1h$0
BingX USDTCoinbase USDC+876.44%2.4012%+878.18%8h / 1h$0
Bitget USDTCoinbase USDC+876.44%2.4012%+878.18%8h / 1h$0

Artificial Superintelligence Alliance project profile

Key facts
Total
2.71B
Max supply
2.71B
Type
Token
Launched
2019-02-25
Market cap rank
#121
Artificial Intelligence (AI)NFTBNB Chain EcosystemCardano EcosystemEthereum EcosystemBinance LaunchpadDWF Labs PortfolioOsmosis Ecosystem
Contract addresses
ethereum0xaea46a60368a7bd060eec7df8cba43b7ef41ad85
cardanoe824c0011176f0926ad51f492bcc63ac6a03a589653520839dc7e3d9464554
osmosisibc/5D1F516200EE8C6B2354102143B78A2DEDA25EDE771AC0F8DC3C1837C8FD4447
binance0x031b41e504677879370e9dbcf937283a8691fa7f
About

|The Artificial Superintelligence (ASI) Alliance is the world’s largest open-source initiative dedicated to decentralized Artificial General Intelligence (AGI). Formed in April 2024, the ASI Alliance unites SingularityNET, Fetch.ai, and Ocean Protocol, with CUDOS joining as a network member shortly after. The ASI Alliance was established through a community-approved tokenomic merger—combining $AGIX, $FET, and $OCEAN into a single token: $FET. This unified token underpins a collaborative framework designed to scale open-source AI and stand as the largest open-sourced, independent entity in AI research and development. The Alliance is committed to accelerating the advancement of decentralized Artificial General Intelligence (AGI) and, ultimately, Artificial Superintelligence (ASI). It provides a robust, open-source innovation stack, empowering developers, enterprises, and researchers globally to build ethical, scalable, and groundbreaking AI solutions. This ensures that advanced intelligence remains a shared, accessible resource, fostering innovation beyond centralized systems and promoting a future where AI benefits all.

Reference data from CoinGecko, independent of the rate data on this site. We do not verify or endorse what these links contain.

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