# Borrow RENDER: rates on every exchange

Annualised margin borrow rates for RENDER at VIP 0, and whether borrowing it to collect negative funding pays after every cost.

Updated 2026-11-11 23:54 UTC · https://afterfees.xyz/borrow/RENDER

## RENDER borrow rates by exchange

| Exchange | Now | 24 h avg | 7-day avg | Rate counted | Per-account limit | Platform remaining | Status |
|---|---|---|---|---|---|---|---|
| [Bitget](https://afterfees.xyz/venues/bitget) | 1.35% | 1.67% | 1.67% | 1.67% | $518.3K | $539.3K | Borrowable |
| [Bybit](https://afterfees.xyz/venues/bybit) | 6.17% | 6.21% | 6.41% | 6.21% | $295.5K | not published | Borrowable |
| [OKX](https://afterfees.xyz/venues/okx) | 8.10% | 8.20% | 8.75% | 8.20% | $69.9K | not published | Borrowable |
| [Binance](https://afterfees.xyz/venues/binance) | 9.79% | 10.01% | 10.01% | 10.01% | $45K | not published | Borrowable |
| [Gate](https://afterfees.xyz/venues/gate) | 11.44% | 11.42% | 11.45% | 11.44% * | $120K | not published | Borrowable |

_Annualised simply (hourly rate × 8,760). Rate counted = the higher of the current rate and the 24 h average, as in every calculation on AfterFees. * Gate: rate × the published VIP multiplier (inferred)._

## Reverse carry on RENDER: borrow and sell spot, long the perp

No reverse RENDER carry nets a profit at this size right now.

_At $10,000 per side, held 7 days, after taker fees, order-book slippage and carry._

## RENDER perps, most negative funding first

| Exchange | Contract | Rate | Every | Annualised |
|---|---|---|---|---|
| [KuCoin](https://afterfees.xyz/venues/kucoin) | RENDERUSDTM | -0.0143% | 4 h | −31.3% |
| [Bybit](https://afterfees.xyz/venues/bybit) | RENDERUSDT | -0.0033% | 4 h | −7.3% |
| [dYdX](https://afterfees.xyz/venues/dydx) | RENDER-USD | 0.0000% | 1 h | 0.0% |
| [Gate](https://afterfees.xyz/venues/gate) | RENDER_USDT | 0.0014% | 4 h | +3.1% |
| [Bitget](https://afterfees.xyz/venues/bitget) | RENDERUSDT | 0.0020% | 4 h | +4.4% |
| [Kraken](https://afterfees.xyz/venues/kraken) | PF_RENDERUSD | 0.0005% | 1 h | +4.6% |
| [OKX](https://afterfees.xyz/venues/okx) | RENDER-USDT-SWAP | 0.0022% | 4 h | +4.7% |
| [BloFin](https://afterfees.xyz/venues/blofin) | RENDER-USDT | 0.0035% | 4 h | +7.6% |

## Coins

|   |   |
|---|---|
| Funding rates and every arbitrage on this coin | [RENDER](https://afterfees.xyz/coin/RENDER) |

## Questions

**Where is it cheapest to borrow RENDER?**

Bitget, at 1.67% a year at the rate we count (the higher of the current rate and the 24 h average), among 5 exchanges that lend RENDER.

**Can I earn negative funding on RENDER by borrowing it?**

Not right now: no reverse RENDER carry covers its borrow interest, fees and slippage at $10,000 for 7 days.

_The method behind every number on AfterFees is published; Pro opens each figure into its line-by-line calculation. Estimates from current data, not investment advice. We never hold funds or trade for you._