RENDER funding rate on Phoenix
Over the last 30 days, RENDER funding on Phoenix averaged -12.0% APR and stayed positive 18.3% of the time, ranging from -49.3% to +161.8%. Right now it pays shorts pay longs at -5.7% APR, settled every 1h across 8 venues we track. The most reliable delta-neutral pairing for RENDER right now is long Phoenix / short Hyperliquid at +51.2% net APR (low risk, ~1.2d to break even).
RENDER funding history on Phoenixlast 30d
- Backtested (30d)
- +14.9%
- Stability
- 93.9%
- Risk
- low
- Breakeven
- ~1.2d
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 |
|---|---|
| Kraken | +85.71% |
| Hyperliquid | +55.10% |
| Extended | +11.39% |
| Aster | +10.95% |
| Variational | +7.98% |
| TxFlow | +7.00% |
| dYdX | +0.00% |
| Phoenix | -5.72% |
Frequently asked
What is the current RENDER funding rate on Phoenix?
RENDER on Phoenix is funding at -5.72% APR (-0.0007% every 1h), paid shorts pay longs, as of 2026-09-07 16:37 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 51.2% net APR (low risk). The two legs cancel price exposure so you keep the funding spread.