# SPELL Funding Rate on Binance

As of 2026-10-03 19:39 UTC, the SPELL perpetual on Binance pays 0.0100% per 8h, 0.0100% per 8 hours (10.95% APR), so longs pay shorts. That is the 2nd highest of 9 exchanges shown, against a volume-weighted average of 0.0100% per 8 hours (10.95% APR). Over the last 7 days Binance averaged 0.0087% per 8 hours (9.56% APR). The next funding is at 2026-10-04 00:00 UTC.

## Funding on every 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 | 10.99% | 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 19:39 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

### What is the SPELL funding rate on Binance?

0.0100% per 8h, or 0.0100% per 8 hours (10.95% APR), so longs pay shorts. The 7-day average is 0.0087% per 8 hours (9.56% APR).

### How often does Binance pay SPELL funding?

Every 8 hours. The next payment is at 2026-10-04 00:00 UTC.

### Is SPELL funding on Binance higher than on other exchanges?

Binance is the 2nd highest of 9 exchanges shown. The highest is XT.COM at 0.0100% per 8h (10.99% APR) and the lowest is Deepcoin at 0.0100% per 8h (10.95% APR).

### How do you arbitrage SPELL funding with Binance?

Long SPELL on Binance and short on XT.COM for a gross spread of 0.0000% per 8 hours (0.04% APR). Trading fees, slippage and the price basis between the two venues reduce the net return.