# SPELL Funding Rates

As of 2026-10-03 21:55 UTC, SPELL perpetual funding averages 0.0100% per 8 hours (10.95% APR) across all 9 exchanges that list it, weighted by 24h volume (median 0.0100%). Highest: XT.COM at 0.0100% per 8h (11.00% APR). Lowest: Deepcoin at 0.0100% per 8h (10.95% APR). Going long on Deepcoin and short on XT.COM collects a gross spread of 0.0001% per 8 hours (0.05% APR) before fees.

## Funding rate by exchange

| Exchange | Market | Funding rate | Interval | APR | Next funding |
| --- | --- | --- | --- | --- | --- |
| [XT.COM](https://arbtide.com/funding-rates/spell/xt) | [SPELL/USDT:USDT](https://www.xt.com/en/futures/trade/spell_usdt) | 0.0100% | 8h | 11.00% | 2026-10-04 00:00 UTC |
| [Binance](https://arbtide.com/funding-rates/spell/binance) | [SPELL/USDT:USDT](https://www.binance.com/en/futures/SPELLUSDT) | 0.0100% | 8h | 10.95% | 2026-10-04 00:00 UTC |
| [Bitget](https://arbtide.com/funding-rates/spell/bitget) | [SPELL/USDT:USDT](https://www.bitget.com/futures/usdt/SPELLUSDT) | 0.0100% | 8h | 10.95% | — |
| [Gate](https://arbtide.com/funding-rates/spell/gate) | [SPELL/USDT:USDT](https://www.gate.com/futures/USDT/SPELL_USDT) | 0.0100% | 8h | 10.95% | 2026-10-04 00:00 UTC |
| [KuCoin](https://arbtide.com/funding-rates/spell/kucoin) | [SPELL/USDT:USDT](https://www.kucoin.com/trade/futures/SPELLUSDTM) | 0.0100% | 8h | 10.95% | 2026-10-04 00:00 UTC |
| [MEXC](https://arbtide.com/funding-rates/spell/mexc) | [SPELL/USDT:USDT](https://www.mexc.com/futures/SPELL_USDT) | 0.0100% | 8h | 10.95% | 2026-10-04 00:00 UTC |
| [WEEX](https://arbtide.com/funding-rates/spell/weex) | [SPELL/USDT:USDT](https://www.weex.com/futures/SPELL-USDT) | 0.0100% | 8h | 10.95% | 2026-10-03 21:54 UTC |
| [Toobit](https://arbtide.com/funding-rates/spell/toobit) | [SPELL/USDT:USDT](https://www.toobit.com/en-US/futures/SPELL-SWAP-USDT) | 0.0100% | 8h | 10.95% | 2026-10-04 00:00 UTC |
| [Deepcoin](https://arbtide.com/funding-rates/spell/deepcoin) | [SPELL/USDT:USDT](https://www.deepcoin.com/en/swap/SPELL-USDT) | 0.0100% | 8h | 10.95% | — |

## Frequently asked questions

### Is the SPELL funding rate positive right now?

Yes. SPELL funding is positive on 9 of the 9 exchanges, which means longs are paying shorts on those venues.

### Which exchange has the highest SPELL funding rate?

XT.COM at 0.0100% per 8h (11.00% APR). The lowest is Deepcoin at 0.0100% per 8h (10.95% APR).

### What is the SPELL funding arbitrage spread?

The gross spread is 0.0001% per 8 hours (0.05% APR): long SPELL on Deepcoin and short on XT.COM. Trading fees, slippage and price basis reduce the net return.

### How often is SPELL funding paid?

SPELL funding is paid every 8 hours on XT.COM, Binance, Bitget, Gate, KuCoin, MEXC, WEEX, Toobit, and Deepcoin. Rates on this page are also shown as APR so they can be compared directly.