Track FET perpetual funding across every major venue — current rate, history and cross-venue spreads for funding-rate arbitrage.
The same FET perp can fund at very different rates on Hyperliquid, Binance, Bybit or Lighter. The venue table shows each rate normalised to a common interval so divergences — and the arbitrage spread between them — are visible at a glance.
Persistently positive funding means longs are crowded and paying to stay; deeply negative funding marks capitulation or heavy hedging. Extremes in FET funding often precede squeezes in the opposite direction.
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