Fetch.ai (FET) Funding Rate

Fetch.ai Funding Rate Overview

The Fetch.ai (FET) perpetual funding rate is a periodic payment exchanged between long and short holders of FET perpetual futures contracts, designed to keep the perpetual price anchored to the underlying spot price. When FET funding is positive, longs pay shorts — signalling bullish leveraged crowding. When negative, shorts pay longs — often during a capitulation or heavy hedging flow. Sharpe aggregates FET funding rates from 13 exchanges with each exchange's rate normalized to annualized APR (APR = rate × 8,760 / interval_hours) so you can directly compare 1-hour rates from Hyperliquid against 8-hour rates from Binance, Bybit, and OKX.

About Fetch.ai Perpetual Funding

Fetch.ai (FET) perpetual futures clear $100M to $250M OI on Binance, Bybit, OKX, and Bitget. FET funding is driven by the AI agent narrative and the ASI (Artificial Superintelligence Alliance merger with AGIX and OCEAN) consolidation. Baseline FET funding runs 0.01% to 0.025% per 8h. The ASI merger (completed 2024, combining FET+AGIX+OCEAN into FET) produced major funding dislocations during the consolidation. FET has native staking (~8-12% yield) providing long structural bias. FET correlation with TAO, NEAR, RNDR (AI basket) is high. AI narrative rotation cycles (Feb-Mar 2024, late 2024) have been the dominant funding drivers.

How to Read the FET Funding Rate

FET funding is AI-basket beta with ASI-specific catalysts. Cross-reference with TAO, NEAR, RENDER for AI rotation confirmation. ASI ecosystem milestones and AI agent network usage metrics distinguish sustainable rallies from speculation. Sustained FET funding above 0.06% per 8h has marked AI narrative tops. Bybit and OKX FET funding tend to run higher than Binance during retail AI euphoria.

FET Funding Rate Signals

Use the FET funding rate as three separate signals. First, as a sentiment indicator: persistent 8-hour rates above 0.03% (~33% APR) often precede Fetch.ai corrections as leveraged longs crowd. Second, as a carry opportunity: hold long spot + short perp to collect the funding payment while staying delta-neutral — use Sharpe's arbitrage calculator to size the trade. Third, as a cross-exchange divergence signal: when Binance FET funding diverges meaningfully from OKX or Hyperliquid, the positioning asymmetry often precedes a volatility expansion. Sharpe's funding rate terminal and leaderboard surface these divergences automatically.

Frequently Asked Questions

What is the current Fetch.ai funding rate?

As of 2026-04-28 14:36 UTC, Fetch.ai (FET) is funding at -0.0029% on Binance (8-hour interval, -0.03% annualized). Sharpe tracks 7 venues for FET — the highest FET APR right now is 0.11% on Bitget, the lowest is -0.17% on KuCoin. Open the table on this page for the full live cross-exchange comparison.

Which exchanges have the highest Fetch.ai funding rate?

As of 2026-04-28 14:36 UTC, the top three FET funding venues by annualized APR are: Bitget at 0.11%, BingX at 0.11%, Hyperliquid at 0.11%. The bottom three (best for paying-side carry) are: KuCoin at -0.17%, MEXC at -0.04%, Binance at -0.03%. Rankings rotate each settlement window — Sharpe's leaderboard sorts all 5,000+ perpetual pairs across 13 tracked exchanges by current rate or annualized APR.

How is the Fetch.ai funding rate calculated?

Exchange-calculated funding rates combine three inputs: the premium index (FET perpetual price minus the spot reference index), the interest rate component (typically fixed at 0.01% per 8 hours), and a clamp function that caps the final rate at ±0.375% on most exchanges. The formula is: funding = clamp(premium_index + interest_rate, ±cap). Different exchanges use slightly different index sources, which explains the cross-venue rate differences.

What is the annualized APR on Fetch.ai funding?

APR = rate × (8,760 / interval_hours). For 8-hour funding (Binance, Bybit, OKX), a 0.01% rate annualizes to 10.95% APR. For 1-hour funding (Hyperliquid), the same 0.01% rate annualizes to 87.6% APR. Sharpe's table auto-normalizes every FET funding rate to APR so you can rank yields across exchanges without manual conversion.

Does Fetch.ai funding rate arbitrage work?

Yes, when rates are high enough to overcome trading fees and execution slippage. The classic trade is long spot FET + short FET perp on the same exchange — you earn the funding rate each settlement while staying delta-neutral. Historical BTC and ETH funding rate arbitrage has yielded 10–40% annualized in bull markets. Use Sharpe's arbitrage calculator to size the trade with realistic fee and holding assumptions before execution.

Where does Sharpe get Fetch.ai funding rate data?

Sharpe fetches FET funding rates via direct REST API calls to each of the 13 supported exchanges — no third-party aggregator dependency. Rates update on each exchange's settlement schedule (every 1 hour for Hyperliquid and dYdX v4, every 8 hours for Binance, Bybit, OKX, and most others). Historical data is stored for trend analysis and accumulated-carry calculations.