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I don't know if anyone would want something like this, but it is more a time management thing than anything else. I know some people want Ixion for one thing, but maybe their schedule doesn't match up and have to skip over Ixion for another day.
Personally as to keep to the challenge of discovering FATES that a in-game timer for that FATE is unlocked after completing it once.
Don't most fates spawn at random?
I'd agree some kind of FATE Log with the "Spawn Windows" would be useful though, detailing whether it's a few hours, certain weather patterns (although, I'm guessing most already know these ones), or previous FATE's in the Chain (if it's part of a sequence).
Again though, with how random it is, it would be pretty limited.
Just my opinion though.
Generally for special FATEs like Ixion and Odin etc there are certain windows that open meaning is going to spawn around that time. If the Timer just mentioned when the window was open I'd be fine with that.
That would take away a lot of mystery and allure to them.