Fetch Ai
Real-time FET perpetual funding rates across 13 major exchanges — Binance, Bybit, OKX, Deribit, Hyperliquid, Gate.io, Bitget, KuCoin, MEXC, HTX, BingX, CoinEx, and BitMEX.
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.
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.
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.
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.