With rather light and small objects, like your spinner, a better way would be to raise the other support so that in the other end the shaft goes through the hole under the bearing discs.
That is, the end that is closer to the spinner in your picture. Then you have to turn the shaft 180 degrees.
That way you will have less friction due to smaller mass of the shaft. And a smaller risk of tool imbalance.
Regarding the balancing work, first balance just the backplate by drilling from heavy side, then mount the dome and balance by scraping material from inside. Done that way, it doesn't matter which way it is assembled later on. L