Live data
Fantom (FTM) perpetual futures
Live funding rates, open interest, and measured trade costs for Fantom. 12 venues in the PerpFinder venue map list FTM perps.
At a glance
This FTM funding snapshot covers 2 venues: Hyperliquid and dYdX. It is the server-rendered page seed, not the venue total; the live funding panel below covers every venue that lists FTM.
- Highest annualized funding
- 0.00%dYdX
- Lowest annualized funding
- 0.00%Hyperliquid
More
The highest listed annualized funding rate is 0.00% on dYdX, and the lowest is 0.00% on Hyperliquid.
0 of 2 listed venues report open interest for FTM, so there is no executable spread.
The FTM price in this snapshot comes from Hyperliquid at $0.7169.
Generated from live venue feeds at
Funding rates
Annualized rates across exchanges
dYdXDEX
HyperliquidDEXOpen interest
Per-exchange open interest
No venue in this snapshot reports open interest
Long/short ratio
Account-level positioning
Long/short ratios are published for BTC, ETH, SOL, and XRP only.
Cost comparison
Fee plus slippage for a $100K trade
The order-book cost engine measures BTC, ETH, SOL, XRP, BNB, DOGE and HYPE. FTM is not measured. Live costs for the measured assets are on the cost comparison tool.
Where to Trade Fantom (FTM) Perpetual Futures
11 of the 12 venues that list FTM perps have a PerpFinder review page. The table compares fees, leverage, and features for those 11.
| Venue | Maker | Taker | Max leverage | Rating | Trade |
|---|---|---|---|---|---|
| 0.015% | 0.045% | 40x | 9.2 | FTM → | |
| 0.010% | 0.050% | 50x | 9.0 | FTM → | |
| 0.035% when opening and again when closing; BTC and ETH review rate; other pairs can use different fees and spreads | 1000x | 8.0 | FTM → | ||
| 0.010% | 0.035% | 50x | 8.0 | FTM → | |
| 0.020% | 0.050% | 100x | 8.0 | FTM → | |
| 0.010% | 0.020% | 100x | 7.8 | FTM → | |
| Free | 0.030% | 50x | 7.8 | FTM → | |
| -0.010% | 0.017% | 1000x | 7.8 | FTM → | |
| 0.050% | 0.080% | 20x | 7.5 | FTM → | |
| Free | 0.040% | 100x | 7.5 | FTM → | |
| 0.012% | 0.038% | 100x | 7.5 | FTM → | |
Market Overview
FTM perps — now increasingly referred to in context of the Sonic chain migration — represent the Fantom/Sonic ecosystem in tradeable form. Fantom's transition to Sonic has been one of the more complex L1 rebranding events in recent crypto history: existing FTM holders can migrate to S (Sonic) tokens, and the protocol has relaunched with a new throughput architecture targeting 10,000 TPS and 1-second finality.
Venue distribution and the migration factor
FTM perps trade on Binance, Bybit, OKX, and Hyperliquid. The migration from FTM to S adds a complication: venues are at different stages of recognizing the new S token versus the legacy FTM ticker. Venues that completed the migration quote the S ticker, and others still quote legacy FTM. Check which ticker your venue lists before you compare rates.
Coinalyze's FTM data shows OI that closely tracks Sonic ecosystem adoption pace and the migration completion status.
Sonic's speed narrative and DeFi implications
The Sonic chain's throughput improvements open DeFi use cases that were impractical on the original Fantom chain. Sub-second finality changes the economics of on-chain market making and arbitrage, attracting DeFi protocols that need fast settlement. Each DeFi protocol that migrates from Fantom to Sonic adds to the ecosystem rebuild, which traders price into the token.
DefiLlama's Fantom/Sonic chain page tracks TVL through the migration period. Recovery in TVL toward prior peak levels is the fundamental indicator to watch for sustained positive funding.
Andre Cronje and ecosystem risk
Sonic's development has involved Andre Cronje, one of DeFi's most prominent builders, who has publicly committed to the chain. His involvement historically drives significant buying activity and positive funding. Conversely, if ecosystem direction becomes disputed or key developers reduce involvement, the narrative premium in FTM/S price compresses rapidly. Monitor the funding rates tool for Sonic-specific versus broad altcoin funding movements.
Trading Tips for Fantom Perps
FTM volume and OI tend to spike around Sonic development milestones. Track official Fantom Foundation announcements and testnet activity as catalysts. FTM's relatively small market cap means perps moves can be amplified by whale positioning visible in OI data.
Frequently Asked Questions — Fantom (FTM)
What is the current FTM perpetual futures funding rate?
The live Fantom (FTM) funding-rate panel updates every 2 minutes. It shows annualized rates for each exchange that lists FTM perps. A positive rate means long traders pay short traders, while a negative rate means shorts pay longs.
Which exchange has the lowest FTM perp trading fees?
Among 10 tracked FTM venues with comparable order-book schedules, DESK lists the lowest taker fee at 0.017%. SynFutures lists 0.020%. 1 position-fee venue is excluded from this maker/taker result. Use the cost comparison for total cost.
How does Fantom open interest compare across exchanges?
The Fantom (FTM) open-interest chart shows the total value of outstanding FTM derivative contracts on each exchange. Rising open interest indicates new capital entering the market, while declining OI suggests positions are being closed.
What does the FTM long/short ratio indicate?
The Fantom long/short ratio shows the balance between traders betting on price increases (longs) versus decreases (shorts) across exchanges. An extreme ratio in either direction can signal potential reversals as crowded positioning often leads to liquidation cascades.
Where can I trade FTM perpetual futures?
Fantom (FTM) perps are listed on 11 exchanges, including Hyperliquid, dYdX, Gains Network, Bluefin, and Apex Omni, plus 6 more. The "Where to Trade Fantom (FTM) Perpetual Futures" section compares fees and leverage limits and gives a direct trading link for each venue.
Category: Layer 1 · Data updates every 2 minutes · All rates shown are annualized