SPELL Funding Rate on Binance
Live SPELL funding rate, annualized APR, model-adjusted apr, and Mirage context for Binance.
SPELL funding on Binance is positive, but model-adjusted APR remains lower than the advertised annualized APR.
Mirage is material, so model-adjusted APR remains notably below the advertised annualized funding signal.
Headline annualized funding can look strong while model-adjusted apr remains much lower. Mirage measures how much of that signal may fail to survive execution conditions.
Validation status for this public metric. Supported means stronger observed coverage. Calibration and exploratory indicate thinner empirical depth.
Compare SPELL funding rates across other exchanges:
SPELL Funding on Binance FAQ
What is the current SPELL funding rate on Binance?
The current SPELL perpetual funding rate on Binance is 0.0028% per 8-hour interval, which annualizes to 302.0% APR under current market conditions.
When is the next SPELL funding payment on Binance?
Binance settles SPELL perpetual funding every 8 hours. Payments occur at fixed UTC times, typically 00:00, 08:00, and 16:00 UTC for 8-hour intervals.
What is the model-adjusted SPELL funding APR on Binance?
After applying model adjustments for execution costs, decay, and crowding, the SPELL model-adjusted APR on Binance is approximately 151.0%. The Mirage component (50.0%) represents yield that may not survive real trading conditions.
How does SPELL funding on Binance compare to other exchanges?
Current SPELL funding comparison: Bybit: 0.0% advertised, 0.0% adjusted. Binance offers 302.0% advertised and 151.0% model-adjusted APR.
How reliable is the SPELL funding data on Binance?
The SPELL funding metrics on Binance have strong empirical coverage. Supported status indicates stronger observed data, while calibration and exploratory indicate thinner empirical validation.