RENDER funding rates and position payments
Funding is a payment between long and short holders of a perpetual contract. At a positive rate, longs pay shorts. At a negative rate, shorts pay longs.
MSK
Exchanges with current rates
10
Range normalized to 8 hours
-0.0137% → +0.0100%
Where the selected side receives funding
Long: 2 of 10
Calculate one funding payment
The full position value in USD. For a leveraged position, this is collateral multiplied by leverage.
Long on KuCoin · RENDERUSDTM
Receives 1.37 USD equivalent
10 000.00 USD × -0.0137% per 8 h
One settlement calculated from the displayed rate and position notional. Trading fees and profit or loss from price changes are calculated separately.
Compare current funding rates
Rows are ordered by the payment to the selected side over the same eight hours. The original rate and single payment apply to each contract’s own interval.
| Exchange / contract | Rate per interval | 8-hour equivalent | One paymentUSD equivalentLong · 10 000.00 USD | Next settlement |
|---|---|---|---|---|
|
KuCoin
RENDERUSDTM
Rate as of MSK
24-hour volume: 2 196 064 USD |
-0.0137% per 8 h | -0.0137% | Receives 1.37 USD | MSK |
|
Bybit
RENDERUSDT
Rate as of MSK
Open interest: 10 702 031 USD 24-hour volume: 3 234 322 USD |
-0.0039% per 4 h | -0.0078% | Receives 0.39 USD | MSK |
|
Gate.io
RENDER_USDT
Rate as of MSK
Open exchange ↗ |
+0.0011% per 4 h | +0.0022% | Pays 0.11 USD | MSK |
|
Aster
RENDERUSDT
Rate as of MSK
Open exchange ↗ |
+0.0030% per 8 h | +0.0030% | Pays 0.30 USD | MSK |
|
OKX
RENDER-USDT-SWAP
Rate as of MSK
Open exchange ↗ |
+0.0019% per 4 h | +0.0037% | Pays 0.19 USD | MSK |
|
BingX
RENDER-USDT
Rate as of MSK
Open exchange ↗ |
+0.0050% per 8 h | +0.0050% | Pays 0.50 USD | MSK |
|
Bitget
RENDERUSDT
Rate as of MSK
Open interest: 9 527 371 USD 24-hour volume: 2 415 704 USD |
+0.0050% per 8 h | +0.0050% | Pays 0.50 USD | — |
|
MEXC
RENDER_USDT
Rate as of MSK
24-hour volume: 3 215 859 USD |
+0.0050% per 8 h | +0.0050% | Pays 0.50 USD | — |
|
Binance
RENDERUSDT
Rate as of MSK
24-hour volume: 13 663 875 USD |
+0.0050% per 4 h | +0.0100% | Pays 0.50 USD | MSK |
|
Hyperliquid
RENDER
Rate as of MSK
Open interest: 2 586 621 USD 24-hour volume: 465 280 USD |
+0.0013% per 1 h | +0.0100% | Pays 0.13 USD | — |
Latest completed settlements
These payments have already settled. They are separate from the current-rate comparison.
| Exchange / contract | Rate per interval | One paymentUSD equivalentLong · 10 000.00 USD | Settlement time |
|---|---|---|---|
|
Extended
RENDER-USD
Rate as of MSK
Open interest: 57 272 USD 24-hour volume: 48 505 USD |
+0.0013% per 1 h | Pays 0.13 USD | MSK |
Completed settlements over 24 hours and 7 days
The sum of published settlement rates for each contract. Payment amounts are USD equivalents for a constant 10 000.00 USD notional and the selected direction.
Extended
24 hours
+0.0243%
Pays 2.43 USD
23 settlements
17.10.2026 11:00 — 18.10.2026 09:00 MSK
7 days
+0.1340%
Pays 13.40 USD
167 settlements
11.10.2026 11:00 — 18.10.2026 09:00 MSK
How rates and payments are calculated
The 8-hour equivalent is the rate per interval × 8 ÷ interval hours. It makes different intervals comparable. One payment is position notional × the original rate. The annualized equivalent in the history is a linear conversion of the rate to one year.
RENDER funding questions
Who receives funding when the RENDER rate is positive?
At a positive rate, long holders pay short holders. At a negative rate, the direction reverses. The payment depends on the position notional and the rate of the specific contract.
Should I multiply the payment by leverage again?
No, if the calculator already contains the full position notional. Leverage is used once: position notional equals collateral multiplied by leverage.