Live data
Render perpetual futures
Live funding rates, open interest, and measured trade costs for Render. 16 venues in the PerpFinder venue map list RENDER perps.
At a glance
This RENDER funding snapshot covers 4 venues: Bybit, Hyperliquid, dYdX, and Binance. It is the server-rendered page seed, not the venue total; the live funding panel below covers every venue that lists RENDER.
- Highest annualized funding
- +10.95%Bybit
- Executable spread
- 10.95% annualizedBybit vs dYdX
More
The highest executable annualized funding rate is +10.95% on Bybit, and the lowest is 0.00% on dYdX.
The executable spread between Bybit and dYdX is 10.95% annualized, from 3 venues that report open interest.
Bybit, Hyperliquid, and dYdX report $11.0m of open interest across the venues in this snapshot that publish it.
The RENDER price in this snapshot comes from Binance at $1.51.
Generated from live venue feeds at
Funding rates
Annualized rates across exchanges
BybitCEX
HyperliquidDEX
BinanceCEX
dYdXDEXOpen interest
Per-exchange open interest
BybitHyperliquiddYdXLong/short ratio
Account-level positioning
Long/short ratios are published for BTC, ETH, SOL, and XRP only.
Cost comparison
Fee plus slippage for a $100K trade
The order-book cost engine measures BTC, ETH, SOL, XRP, BNB, DOGE and HYPE. RENDER is not measured. Live costs for the measured assets are on the cost comparison tool.
Where to Trade Render Perpetual Futures
14 of the 16 venues that list RENDER perps have a PerpFinder review page. The table compares fees, leverage, and features for those 14.
| Venue | Maker | Taker | Max leverage | Rating | Trade |
|---|---|---|---|---|---|
| 0.015% | 0.045% | 40x | 9.2 | RENDER → | |
| 0.010% | 0.050% | 50x | 9.0 | RENDER → | |
| 0.035% when opening and again when closing; BTC and ETH review rate; other pairs can use different fees and spreads | 1000x | 8.0 | RENDER → | ||
| 0.010% | 0.035% | 50x | 8.0 | RENDER → | |
| 0.020% | 0.050% | 100x | 8.0 | RENDER → | |
| 0.010% | 0.020% | 100x | 7.8 | RENDER → | |
| Free | 0.030% | 50x | 7.8 | RENDER → | |
| -0.010% | 0.017% | 1000x | 7.8 | RENDER → | |
| 0.050% | 0.080% | 20x | 7.5 | RENDER → | |
| Free | 0.040% | 100x | 7.5 | RENDER → | |
| 0.012% | 0.038% | 100x | 7.5 | RENDER → | |
| 0.01% or 0.045% when opening and again when closing; crypto standard perps; 0.01% improves the open-interest balance, 0.045% worsens it; forex, commodity and equity markets are 0% and Upside Perps use profit sharing | 100x | 7.0 | RENDER → | ||
| 0.045% or 0.055% when opening and again when closing; VIP Tier 0; 0.045% when an executed open, increase, close, or decrease improves long-short open-interest balance, and 0.055% when it worsens that balance | 100x | 7.0 | RENDER → | ||
| Free | 0.025% | 100x | 7.0 | RENDER → | |
Market Overview
RENDER perps give derivatives traders access to the decentralized GPU compute narrative. Render Network connects GPU providers with artists and AI developers who need rendering capacity, and the RENDER token is used for payments and governance within the marketplace. The asset moved to the Solana blockchain in 2023 from its original Polygon deployment, and the migration introduced Solana ecosystem dynamics into RENDER's price behavior.
Venue overview and depth
RENDER perps trade on Binance, Bybit, OKX, and Hyperliquid; Binance carries the most depth, while DEX-side liquidity for RENDER remains limited. Coinalyze's RENDER open interest data shows OI that spikes sharply during AI-sector narrative periods and contracts quickly as attention rotates.
AI compute as the primary price driver
RENDER funding is more directly tied to AI sector sentiment than to on-chain crypto metrics. When large language model announcements, GPU shortage news, or AI infrastructure investment rounds enter the news cycle, RENDER often leads the crypto AI sector in percentage gains. RENDER trades with the AI narrative, so a scheduled event such as NVIDIA earnings pulls traders into long positions.
The asset also responds to its own network metrics: GPU node count, render job volume, and creator activity on the network. Render's network stats provide a view into current capacity utilization. High utilization signals strong marketplace demand and tends to sustain positive funding beyond the initial catalyst window.
Volatility and narrative-rotation risk
RENDER is among the highest-volatility top-50 tokens PerpFinder tracks. Intraday moves of 10-15% are common during active AI narrative periods. The funding spike-and-flush cycle on RENDER closely resembles PEPE's pattern but driven by technology news rather than social media virality. Positions above 5x leverage carry meaningful intraday liquidation risk.
Use the liquidations tracker to see recent RENDER liquidation clusters. Check the funding rates tool to verify that the current RENDER funding spike is part of a broader AI sector move or isolated to the token.
Trading Tips for Render Perps
RENDER is tightly correlated with AI sector sentiment. When NVIDIA earnings beat expectations or AI adoption news breaks, RENDER tends to rally alongside centralized AI tokens. Use AI sector ETF or NVIDIA price action as a leading indicator for RENDER perp entries.
Frequently Asked Questions — Render
What is the current RENDER perpetual futures funding rate?
The live Render funding-rate panel updates every 2 minutes. It shows annualized rates for each exchange that lists RENDER perps. A positive rate means long traders pay short traders, while a negative rate means shorts pay longs.
Which exchange has the lowest RENDER perp trading fees?
Among 11 tracked RENDER venues with comparable order-book schedules, DESK lists the lowest taker fee at 0.017%. SynFutures lists 0.020%. 3 position-fee venues are excluded from this maker/taker result. Use the cost comparison for total cost.
How does Render open interest compare across exchanges?
The Render open-interest chart shows the total value of outstanding RENDER derivative contracts on each exchange. Rising open interest indicates new capital entering the market, while declining OI suggests positions are being closed.
What does the RENDER long/short ratio indicate?
The Render long/short ratio shows the balance between traders betting on price increases (longs) versus decreases (shorts) across exchanges. An extreme ratio in either direction can signal potential reversals as crowded positioning often leads to liquidation cascades.
Where can I trade RENDER perpetual futures?
Render perps are listed on 14 exchanges, including Hyperliquid, dYdX, Gains Network, Bluefin, and Apex Omni, plus 9 more. The "Where to Trade Render Perpetual Futures" section compares fees and leverage limits and gives a direct trading link for each venue.
Category: Infrastructure · Data updates every 2 minutes · All rates shown are annualized