FET funding rates
FET perpetual funding is currently quoted across 7 venues, ranging from -8650.5% to +29.2% APR. The most reliable delta-neutral pairing for FET right now is long Phoenix / short Variational at +9.9% net APR (medium risk, ~2.8d to break even).
as of 2026-07-29 10:02 UTC
Best delta-neutral pairing
Long Phoenix / Short Variational
+9.9% net APR
- Backtested (30d)
- +14.1%
- Stability
- 100%
- Risk
- medium
- Breakeven
- ~2.8d
Ranked by 30-day reliability (backtest × stability × risk) — the spread that holds, not just the widest current rate.
Open this tradeFET funding by exchange
| Exchange | Funding APR |
|---|---|
| Kraken | +29.19% |
| Variational | +10.95% |
| Aster | +10.95% |
| dYdX | +0.00% |
| Hyperliquid | -11.94% |
| Phoenix | -13.21% |
| EdgeX | -8650.50% |
Frequently asked
What is the FET funding rate right now?
FET perpetual funding ranges from -8650.50% to 29.19% APR across 7 exchanges we track; the widest delta-neutral spread is long Phoenix / short Variational at 9.9% net APR.
Which exchange has the highest FET funding rate?
Kraken currently has the highest at 29.19% APR. See the full ranking above.