Field-tuning of ultrafast magnetization fluctuations in Sm <mml:math xmlns:mml="http://www.w3.org/1998/Math/MathML" display="inline"> <mml:msub> <mml:mi/> <mml:mn>0.7</mml:mn> </mml:msub>

The properties of spin fluctuations in antiferromagnets are largely unexplored, in particular at ultrafast timescales. Here, we employ femtosecond noise correlation spectroscopy (FemNoC) to experimentally study magnetization fluctuations in the canted antiferromagnet Sm$_{0.7}$Er$_{0.3}$FeO$_{3}$ across its spin reorientation transition and under external magnetic fields. By comparing our measurements to atomistic spin noise and Monte Carlo simulations, we find that the amplitude of the spin noise is governed by the free energy, with stronger fluctuations in regions where the potential landscape softens. We furthermore demonstrate that external magnetic fields suppress spin fluctuations and enhance the quasi-ferromagnetic magnon frequency by effectively stiffening the potential. These results highlight an effective route for tuning ultrafast magnetization fluctuations via external parameters.