欺 is built from the 其 (that / winnowing basket) and 欠 components.
It belongs to a phonetic family with 期, 基, 旗, and 棋 — they share the 其 component and the reading キ.
A common word using 欺 is 欺く (あざむく), meaning “to deceive”.
Kanji that look similar include 期, 棋, 基, and 碁.