RENDER funding rates

RENDER perpetual funding is currently quoted across 8 venues, ranging from -10.3% to +50.5% APR. The most reliable delta-neutral pairing for RENDER right now is long Phoenix / short Hyperliquid at +10.1% net APR (low risk, ~2.7d to break even).

as of 2026-10-28 00:33 UTC
Best delta-neutral pairing
Long Phoenix / Short Hyperliquid
+10.1% net APR
Backtested (30d)
+7.7%
Stability
86.6%
Risk
low
Breakeven
~2.7d

Ranked by 30-day reliability (backtest × stability × risk) — the spread that holds, not just the widest current rate.

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RENDER funding by exchange

ExchangeFunding APR
Kraken+50.46%
Hyperliquid+10.95%
Variational+10.95%
Aster+10.95%
TxFlow+10.95%
Extended+7.88%
dYdX+0.00%
Phoenix-10.31%

Frequently asked

What is the RENDER funding rate right now?

RENDER perpetual funding ranges from -10.31% to 50.46% APR across 8 exchanges we track; the widest delta-neutral spread is long Phoenix / short Hyperliquid at 10.1% net APR.

Which exchange has the highest RENDER funding rate?

Kraken currently has the highest at 50.46% APR. See the full ranking above.