No - no spider power meter can provide accurate L/R balance data - it is inherent in the design. Spider PMs do it by estimating from push and pull, but it doesn't truly know left from right.
Anecdotally, it seems to be accurate enough for me. I checked the balance and it said I had a significant discrepancy. When I focused on my pedaling style, I noticed it was totally right, and now I work on correcting it. Totally usable for what I think most people want balance readings for. I have a PES 505, and I picked a TEO Magene spider over the 715 pedal power meters for an upgrade. True L/R readings aren't worth it due to the inconvenience of adding another item to charge
As is, I have a bike computer, radar light, bike light, di2, a spider power meter, my bone conducting earbuds, my phone, my heart rate monitor, and my speed sensor to manage. I'm not adding another item to charge unless I absolutely need it