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Spell Token (SPELL) Funding Rate

SPELLSPELL$0.0₄6645-2.82%LongShort

Derivatives (24h)

BuySell
Open Interest-3.41%$1.42M
Futures Volume+20.87%$870.94K
Liquidation+327.68%$12.57K
Long Liquidation+326.86%$11.69K
Short Liquidation+379.27%$877.21

Long/Short (24h)

LongShort
SPELL Long/Short All0.921
Binance Long/Short0.910
MEXC Long/Short0.965
Bitget Long/Short1.181
KuCoin Long/Short0.857

Funding Rate

SPELL OI-Weighted (8h)+0.0100%
Binance SPELL/USDT (8h)+0.0100%
Gate SPELL/USDT (8h)+0.0100%
KuCoin SPELL/USDT (8h)+0.0100%
Bitget SPELL/USDT (8h)+0.0100%
Current FundingOpen-interest-weighted average of the current funding rate across all exchanges (each exchange weighted by its open interest, shown per the coin's common settlement interval). Positive = longs pay shorts. Learn more →+0.0100%/8h
Annualized · APR+10.95%
Next Funding—
Funding Accum · 1D—
NEUTRAL FUNDINGFunding near baseline — balanced positioningAutomated rule-based market summary, for informational purposes only. Not financial advice.

SPELL Funding Rate Chart · Perpetual · Aggregated

Funding Rate · per 8hpositive · longs pay shortsnegative · shorts pay longsSPELL price
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View SPELL liquidation heatmap →Where leveraged longs and shorts get liquidated · Binance, Bybit, OKX, Hyperliquid and more

Exchanges SPELL Funding Rates

ExchangesFunding RateAPR1D AccumulatedNext FundingInterval
ΣOI-Weighted+0.0100%+10.95%+0.0300%07:28:53 (8h)8h
BBinance+0.0100%+10.95%+0.0300%07:28:53 (8h)8hTrade
BBitget+0.0100%+10.95%+0.0300%07:28:53 (8h)8hTrade
KKuCoin+0.0100%+10.95%+0.0298%07:28:53 (8h)8hTrade
MMEXC+0.0100%+10.95%+0.0300%07:28:53 (8h)8hTrade
GGate+0.0100%+10.95%+0.0300%07:28:53 (8h)8hTrade

Rates are per settlement interval (1h/4h/8h depending on exchange) and APR annualizes the current rate at that interval. The Accumulated column sums the rate at each settlement over the selected window (1Y uses exchange-reported yearly accumulation). Live rates update about every 10 seconds.

How to read the colors: funding reflects positioning and the cost of leverage, not price direction. Funding is the fee longs pay shorts (negative means shorts pay longs). Green = funding below the neutral baseline (~0.01% per 8h): holding longs is cheap and the market is not crowded long. Gray = the neutral zone around baseline. Red = elevated funding: longs are crowded and paying up, with deeper red meaning a more extreme premium. The Accumulated column is colored by its per-settlement average, so it reads on the same scale as the live rate. Green funding while price falls = no euphoria and longs are cheap to hold — often a constructive contrarian signal. Red funding while price rises = crowded leveraged longs paying high fees — a setup vulnerable to long squeezes.

The current SPELL USDT perpetual funding rate (8h, OI-weighted) is +0.0100%, meaning longs are paying shorts right now. A positive rate is typical when perpetual contracts trade at or above the spot price and long positioning dominates. Learn more about how funding rates work →

See the live funding rate matrix for every exchange →

About SPELL funding rates

The Spell Token funding rate (SPELL funding rate) is the periodic payment exchanged between longs and shorts on SPELL perpetual futures. This page charts the OI-weighted Spell Token perpetual funding rate (SPELL perpetual funding rate) against price, plus each exchange's current rate, accumulated funding from one day out to one year, and the countdown to its next settlement.

The headline rate weights every venue by its share of SPELL open interest, so large markets move the aggregate more than small ones. Venues reporting no data are excluded and figures refresh continuously.

Frequently asked questions

What is the SPELL funding rate right now?

On an OI-weighted basis, SPELL funding currently sits at +0.0100% — traders holding longs pay shorts until the next settlement (settled every 8 hours on most venues).

How often is SPELL funding settled?

Every tracked venue settles SPELL funding every 8 hours. The countdown to each exchange's next settlement runs in the table below.

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