SPELL funding rates and arbitrage
Updated 2026-10-30 11:17 UTC
Best SPELL arbitrage after every cost
No SPELL pair nets a profit at this size right now.
At $10,000 per side, held 7 days, after taker fees, order-book slippage and carry.
SPELL funding rate on every exchange
| Exchange | Contract | Rate | Every | Annualised | Settled 7d, annualised | Open interest | Next settlement |
|---|---|---|---|---|---|---|---|
| Bitget | SPELLUSDT | 0.0100% | 8 h | +10.9% | +11.3% | $456.2K | 2026-10-30 16:00 |
| Variational | SPELL-PERP | 0.0100% | 8 h | +10.9% | — | $414 | 2026-10-30 16:00 |
| Gate | SPELL_USDT | 0.0100% | 8 h | +10.9% | +10.4% | $21.4K | 2026-10-30 16:00 |
| Bitunix | SPELLUSDT | -0.0025% | 8 h | −2.7% | +11.0% | — | 2026-10-30 16:00 |
| MEXC | SPELL_USDT | -0.0049% | 8 h | −5.4% | +10.8% | $155.4K | 2026-10-30 16:00 |
| Binance | SPELLUSDT | -0.0049% | 8 h | −5.4% | +10.8% | $973.7K | 2026-10-30 16:00 |
| KuCoin | SPELLUSDTM | -0.1299% | 8 h | −142.2% | +3.5% | $124.1K | 2026-10-30 16:00 |
Borrow SPELL to sell spot
| Exchange | Borrow APR | Per-account limit |
|---|---|---|
| Gate | 5.76% | $10K |
| Binance | 63.94% | — |
Cost to enter $10,000 of SPELL
| Exchange | Contract | Fee + slippage | Source |
|---|---|---|---|
| MEXC | SPELL_USDT | 10.6 bp | top of book only |
| Binance | SPELLUSDT | 11.6 bp | top of book only |
| Gate | SPELL_USDT | 20.8 bp | top of book only |
| Binance | SPELLUSDT (spot) | 23.2 bp | top of book only |
| Bitget | SPELLUSDT | 23.3 bp | top of book only |
| Gate | SPELL_USDT (spot) | 24.7 bp | top of book only |
| Variational | SPELL-PERP | 29.3 bp | top of book only |
| KuCoin | SPELLUSDTM | 86.0 bp | top of book only |
Taker fee plus slippage of a market buy of $10,000 from the mid price, at standard (VIP0) fees.
More on SPELL
Questions
Is SPELL funding-rate arbitrage profitable right now?
Not at $10,000 per side for 7 days: no SPELL pair shows a verified profit after fees and order-book slippage right now. Rates change every hour; the live page re-ranks continuously.
Which exchange has the highest SPELL funding rate?
Bitget at +10.9% a year (0.0100% every 8 h); the lowest is KuCoin at −142.2%. A positive rate is paid by longs to shorts, a negative one by shorts to longs.
The method behind every number on AfterFees is published; Pro opens each figure into its line-by-line calculation. Estimates from current data, not investment advice. We never hold funds or trade for you.