RENDER funding rate

Compared across 12 venues · net of estimated fees

RENDER Funding Rate — live across 12 venues

Perpetual funding · compared across 12 venues · net of estimated fees · updated every few minutes

Live annualized RENDER perpetual funding across all 12 venues Perpia tracks. Right now RENDER funding is positive on 8 and negative on 3, ranging from +10.9% on Gate.io to -14.0% on KuCoin — a spread of 25.0%. The widest delta-neutral trade is long KuCoin / short Gate.io at 21.8% net APR.

12venues
8paying positive
25.0%funding spread
Best RENDER spread now
21.8%
net APR after fees
LongKuCoin↗→ShortGate.io↗
size depends on live venue depth — see the real cap in the scanner

RENDER funding trend & liquidity

168h of history
25.0%current gross APR
21.7%24h average
7.6%7-day average
$466Kpair OI · lower leg
$161K24h volume · lower leg

Averages are historical funding over the window shown. A current rate near the 7-day average may indicate the spread has persisted; a rate far above it is usually a short-lived spike. OI and volume are the smaller (binding) leg of the best pair — the ceiling on tradeable size.

RENDER · KuCoin → Gate.io — no history

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Build a route

any two of the 12 venues
Gross spread+25.0%+$6.84 / day on $10,000
Widest routes

This is the widest route right now. The number is gross: fees, the entry spread and slippage are not in it, and both legs must be tradeable for you. The scanner carries the same pairs net of costs.

Venues: pick the two legs

sorted by rate · 12 venues
VenueFunding APR ↓IntervalUse as
Gate.io↗short+10.9%every 4h
BingX↗+10.9%every 4h
OKX↗+10.9%every 4h
Bybit↗+10.9%every 4h
Variational↗+10.9%every 4h
Hyperliquid↗+10.9%every 1h
Aster↗+10.9%every 4h
Bitget↗+1.5%every 4h
Extended↗+0.0%every 1h
below — these venues pay the longs: this is the leg you buy
MEXC↗−0.2%every 4h
Binance↗−0.4%every 4h
KuCoin↗long−14.0%every 4h

Rates annualized; updated ~every few minutes from live venue data. Venue names link to that exchange's full funding table; ↗ opens the market on the exchange itself. Every spread between these two venues is on the KuCoin vs Gate.io page. 39 pairs scanned for RENDER.

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RENDER — FAQ

Is RENDER funding positive right now?

RENDER perpetual funding is positive on 8 of 12 venues Perpia tracks and negative on 3. The highest is +10.9% on Gate.io; the lowest is -14.0% on KuCoin.

What is the best RENDER funding arbitrage right now?

Go long KuCoin and short Gate.io for about 21.8% net APR after fees — the widest delta-neutral RENDER spread Perpia currently sees.

Which exchange has the highest RENDER funding rate?

Gate.io, at +10.9% annualized. Funding shifts continuously, so check the live table above before trading.

How RENDER funding arbitrage works

Funding arbitrage combines opposing positions on two venues — long the one paying the most negative funding, short the one paying the most positive — to reduce directional exposure and capture the difference between their funding payments. Fees, slippage, basis divergence and liquidation risk can reduce the result. See the methodology for how it is measured and the guide for the full walkthrough.

Markets related to RENDER

also quoted on both Gate.io and KuCoin

The same two exchanges you would already have funded for the RENDER trade. Every spread between them is on the Gate.io vs KuCoin page.