# FET funding rates and arbitrage

Updated 2026-10-29 16:21 UTC · https://afterfees.xyz/coin/FET

## 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 |
|---|---|---|---|---|---|---|---|
| [BloFin](https://afterfees.xyz/venues/blofin) | FET-USDT | 0.0220% | 8 h | +24.1% | +19.0% | $1.3M | 2026-10-30 00:00 |
| [Extended](https://afterfees.xyz/venues/extended) | FET-USD | 0.0013% | 1 h | +11.4% | +4.2% | $40.5K | 2026-10-29 17:00 |
| [KuCoin](https://afterfees.xyz/venues/kucoin) | FETUSDTM | 0.0100% | 8 h | +10.9% | +10.9% | $7.6M | 2026-10-30 00:00 |
| [Bitunix](https://afterfees.xyz/venues/bitunix) | FETUSDT | 0.0100% | 8 h | +10.9% | +5.8% | — | 2026-10-30 00:00 |
| [MEXC](https://afterfees.xyz/venues/mexc) | FET_USDT | 0.0100% | 8 h | +10.9% | +5.8% | $17.8M | 2026-10-30 00:00 |
| [WhiteBIT](https://afterfees.xyz/venues/whitebit) | FET_PERP | 0.0100% | 8 h | +10.9% | +10.0% | $4.7M | 2026-10-30 00:00 |
| [OKX](https://afterfees.xyz/venues/okx) | FET-USDT-SWAP | 0.0050% | 4 h | +10.9% | +11.0% | $1.7M | 2026-10-29 20:00 |
| [Bitget](https://afterfees.xyz/venues/bitget) | FETUSDT | 0.0100% | 8 h | +10.9% | +8.7% | $14M | 2026-10-30 00:00 |
| [WOO X](https://afterfees.xyz/venues/woox) | PERP_FET_USDT | 0.0100% | 8 h | +10.9% | +5.8% | $26.2K | 2026-10-30 00:00 |
| [LBank](https://afterfees.xyz/venues/lbank) | FETUSDT | 0.0100% | 8 h | +10.9% | — | — | 2026-10-30 00:00 |
| [BingX](https://afterfees.xyz/venues/bingx) | FET-USDT | 0.0100% | 8 h | +10.9% | +10.8% | $2.8M | 2026-10-30 00:00 |
| [Aster](https://afterfees.xyz/venues/aster) | FETUSDT | 0.0100% | 8 h | +10.9% | +11.5% | $207.5K | 2026-10-30 00:00 |
| [Variational](https://afterfees.xyz/venues/variational) | FET-PERP | 0.0100% | 8 h | +10.9% | — | $201.8K | 2026-10-30 00:00 |
| [TXFlow](https://afterfees.xyz/venues/txflow) | FET-USDC | 0.0013% | 1 h | +10.9% | — | $40.4K | 2026-10-29 17:00 |
| [Binance](https://afterfees.xyz/venues/binance) | FETUSDT | 0.0100% | 8 h | +10.9% | +5.8% | $25.2M | 2026-10-30 00:00 |
| [Gate](https://afterfees.xyz/venues/gate) | FET_USDT | 0.0100% | 8 h | +10.9% | +6.2% | $1.6M | 2026-10-30 00:00 |
| [Hyperliquid](https://afterfees.xyz/venues/hyperliquid) | FET | 0.0013% | 1 h | +10.9% | +10.6% | $8.2M | 2026-10-29 17:00 |
| [Bitfinex](https://afterfees.xyz/venues/bitfinex) | tFETF0:USTF0 | 0.0000% | 8 h | 0.0% | — | $12.6K | 2026-10-30 00:00 |
| [Phoenix](https://afterfees.xyz/venues/phoenix) | FET | -0.0005% | 1 h | −4.7% | −1.1% | — | 2026-10-29 17:00 |
| [Crypto.com](https://afterfees.xyz/venues/cryptocom) | FETUSD-PERP | -0.0026% | 1 h | −22.7% | +84.1% | $2.8K | 2026-10-29 17:00 |
| [Kraken](https://afterfees.xyz/venues/kraken) | PF_FETUSD | -0.0154% | 1 h | −134.7% | +32.2% | $1.6M | 2026-10-29 17:00 |

## Borrow FET to sell spot

| Exchange | Borrow APR | Per-account limit |
|---|---|---|
| Bitget | 1.66% | — |
| Bybit | 8.75% | — |
| Binance | 10.99% | — |
| Gate | 11.73% | $120K |

## Cost to enter $10,000 of FET

| Exchange | Contract | Fee + slippage | Source |
|---|---|---|---|
| Kraken | PF_FETUSD | 13.1 bp | order-book snapshot, 46 min old |
| BloFin | FET-USDT | 14.1 bp | order-book snapshot, 31 min old |
| Extended | FET-USD | 6.3 bp | top of book only |
| MEXC | FET_USDT | 6.7 bp | top of book only |
| Binance | FETUSDT | 7.7 bp | top of book only |
| BingX | FET-USDT | 7.7 bp | top of book only |
| OKX | FET-USDT-SWAP | 7.7 bp | top of book only |
| Variational | FET-PERP | 8.2 bp | top of book only |
| Bitget | FETUSDT | 8.7 bp | top of book only |
| Hyperliquid | FET | 9.6 bp | top of book only |
| Gate | FET_USDT | 10.2 bp | top of book only |
| KuCoin | FETUSDTM | 11.5 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

- [Borrow FET: rates on every exchange](https://afterfees.xyz/borrow/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?**

BloFin at +24.1% a year (0.0220% every 8 h); the lowest is Kraken at −134.7%. 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._