RENDER funding rate on Variational

Funding APR
-57.60%
-0.0263% / 4h
Interval
4h
next 20:00 UTC
Direction
Shorts pay
shorts pay longs
Venues tracked
5
listing this pair

Over the last 30 days, RENDER funding on Variational averaged +1.3% APR and stayed positive 72.9% of the time, ranging from -142.3% to +10.9%. Right now it pays shorts pay longs at -57.6% APR, settled every 4h across 5 venues we track. The most reliable delta-neutral pairing for RENDER right now is long Variational / short Hyperliquid at +58.4% net APR (medium risk, ~1.5d to break even).

as of 2026-06-12 16:54 UTC

RENDER funding history on Variationallast 30d

30d average
+1.29%
Range
-142% / 11%
% positive
72.9%
Volatility
17.8
Best delta-neutral pairing
Long Variational / Short Hyperliquid
+58.4% net APR
Backtested (30d)
-2.4%
Stability
55.4%
Risk
medium
Breakeven
~1.5d

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

ExchangeFunding APR
Hyperliquid+10.95%
Aster+10.95%
dYdX+0.00%
Kraken-42.27%
Variational-57.60%

Frequently asked

What is the current RENDER funding rate on Variational?

RENDER on Variational is funding at -57.60% APR (-0.0263% every 4h), paid shorts pay longs, as of 2026-06-12 16:54 UTC.

How often does Variational pay funding on RENDER?

Every 4 hours.

How do I earn RENDER funding without price risk?

Open a delta-neutral position: long Variational and short Hyperliquid, currently 58.4% net APR (medium risk). The two legs cancel price exposure so you keep the funding spread.

Learn the strategy