RENDER funding rate on Phoenix
Over the last 30 days, RENDER funding on Phoenix averaged -4.7% APR and stayed positive 26.5% of the time, ranging from -34.0% to +46.4%. Right now it pays shorts pay longs at -19.8% APR, settled every 1h across 7 venues we track. The most reliable delta-neutral pairing for RENDER right now is long Kraken / short Hyperliquid at +68.7% net APR (low risk, ~1.2d to break even).
RENDER funding history on Phoenixlast 30d
- Backtested (30d)
- +6.4%
- Stability
- 84.7%
- Risk
- low
- Breakeven
- ~2.6d
Ranked by 30-day reliability (backtest × stability × risk) — the spread that holds, not just the widest current rate.
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How RENDER funding compares across venues
| Exchange | Funding APR |
|---|---|
| Hyperliquid | +10.95% |
| Variational | +10.95% |
| Aster | +10.95% |
| dYdX | +0.00% |
| Extended | -3.50% |
| Phoenix | -19.83% |
| Kraken | -70.05% |
Frequently asked
What is the current RENDER funding rate on Phoenix?
RENDER on Phoenix is funding at -19.83% APR (-0.0023% every 1h), paid shorts pay longs, as of 2026-10-23 01:25 UTC.
How often does Phoenix pay funding on RENDER?
Every 1 hour.
How do I earn RENDER funding without price risk?
Open a delta-neutral position: long Phoenix and short Hyperliquid, currently 21.1% net APR (low risk). The two legs cancel price exposure so you keep the funding spread.