fairy vs faery

fairy and faery both are nouns.

Word	Noun	Adjective	Verb	Adverb
fairy	Yes	No	No	No
faery	Yes	No	No	No

As nouns, fairy and faery are synonyms defined as:

fairy and faery: a small being, human in form, playful and having magical powers

Other synonyms of fairy include faerie, fay, sprite.

fairy (noun)	faery (noun)
a small being, human in form, playful and having magical powers	the enchanted realm of fairies
offensive term for a homosexual man	a small being, human in form, playful and having magical powers