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INIT Funding Rate and Open Interest on Binance

Live Binance INIT markets from Binance's public API: perp and spot price and 24h volume, open interest, funding with its interval and APR, and 24h liquidations. The charts show Binance only; the table below compares INIT on every exchange tracked here.

Binance has $5.15M of INIT perpetual open interest, 76.1% of the $6.76M across the 8 exchanges listing INIT perps here (#1). INIT funding on Binance is 0.0100% per 8 hours (≈11% APR), settled every 4 hours at 0.0050% per payment, in line with the OI-weighted average across exchanges. Binance INIT open interest changed +28.03% over the last 24h. $19K of Binance INIT positions were liquidated over the last 24 hours, 72.9% of it longs.

#1 of 8 by INIT OI1 perp, 2 spotAs of 13:33 UTC

Perp priceINITUSDT
0.1004
+8.28% 24hvol $13.57M
Open interest#1 of 8
$5.15M
76.1% of INIT OI+28.03% 24h
Funding8h
0.0100%
≈11% APRpaid every 4 hours · 0.0050%
Spot priceINITUSDT
0.1004
+8.38% 24hvol $2.59M

Binance INIT liquidations · last 24 hours

All liquidations →
Total
$19K
55 liquidations
Longs
$14K
72.9%
Shorts
$5,039
27.1%

INIT markets on Binance

1 perp · 2 spot
Market Price Vol 24h Open interest OI 24h Funding / 8h APR Interval Trade
INITUSDT perp0.1004$13.57M$5.15M+28.03%0.0100%≈11% APR4 hours · 0.0050%Trade ↗
INITUSDT spot0.1004$2.40M—————Trade ↗
INITUSDC spot0.1005$192K—————Trade ↗

INIT funding on Binance

8h equivalent, this exchange only

Chart: TradingView Lightweight Charts™

INIT open interest on Binance

USD, this exchange only

Chart: TradingView Lightweight Charts™

INIT on every exchange

INIT funding, all exchanges →
# Exchange Open interest Share Funding / 8h APR Perp vol 24h
1Binance$5.15M76.1%0.0100%≈11% APR$13.57M
2Bybit$859K12.7%0.0100%≈11% APR$4.01M
3KuCoin$318K4.7%0.0100%≈11% APR$148K
4Bitget$256K3.8%0.0100%≈11% APR$503K
5MEXC$203K—0.0100%≈11% APR$201K
6Hyperliquid$139K2.1%0.0100%≈11% APR$370K
7Gate$38K0.6%0.0100%≈11% APR$38K
8Aster$6,0190.1%0.0100%≈11% APR$18K

How it's counted. Open interest is the USD value of open INIT perpetual positions (one side) at the mark price. Funding is shown as the 8-hour equivalent so exchanges with 1-, 4- and 8-hour settlements compare directly; the interval column gives the rate actually paid each settlement. HIP-3 markets that share the ticker are left out. Coverage: USDⓈ-M perps and, from 2026-09-28, COIN-M (inverse) perps; liquidations sampled: Binance publishes at most one per symbol per second.

INIT on Binance FAQ

What is the INIT funding rate on Binance?

The rate at the top of this page is Binance's live INIT perpetual funding rate, shown per 8 hours (0.0100%) so it compares directly with other exchanges, and per payment (0.0050% every 4 hours). Positive means longs pay shorts. The chart below shows its history on Binance only.

How often does Binance pay INIT funding?

Binance settles INIT funding every 4 hours; the 8-hour figures on this page are scaled to that interval for comparison.

How much INIT open interest is on Binance?

$5.15M open INIT perpetual positions on Binance, valued at the current mark price and counted on one side. The comparison table shows every other exchange's share.

Where does the data come from?

Binance's public market-data API, read live by this site. Nothing here comes from paid data vendors.