Spell (SPELL) Funding Rate History
Spell (SPELL) perpetual futures funding ranges from 0.40 bps on BITGET to 1.00 bps on KUCOIN across 6 reporting venues, a spread of 0.60 bps. The most extreme rate (10.95% APY annualized) is on KUCOIN. Currently all venues currently report positive funding (longs paying shorts).
A non-zero funding rate spread between venues is the basis for delta-neutral funding arbitrage: long the cheaper-funding exchange and short the more expensive one to capture the spread without picking a side on SPELL price.
SPELL Per-Exchange Funding Rates
| Exchange | Current Funding (bps) | Funding APY | 7-Day Avg Funding (bps) | 24h Volume |
|---|---|---|---|---|
| KUCOIN | 1.00 bps | 10.95% APY | -7.80 bps | $7.99K |
| VARIATIONAL | 1.00 bps | 10.95% APY | -4.60 bps | $0 |
| GATEIO | 0.80 bps | 8.76% APY | -6.80 bps | $45.38K |
| BINANCE | 0.50 bps | 5.47% APY | -12.10 bps | $1.82M |
| MEXC | 0.50 bps | 5.47% APY | -12.20 bps | $132.36K |
| BITGET | 0.40 bps | 4.38% APY | -10.70 bps | $74.79K |
Last updated 2026-07-16T05:51:25Z (UTC).
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Related: SPELL open interest, SPELL volume, SPELL perp market data.