Initia (INIT) Funding Rate and Open Interest on MEXC
Live MEXC INIT data from MEXC's public API. Charts show MEXC only; the table compares INIT on every tracked exchange.
MEXC has $5.62M of INIT perpetual open interest, not ranked and left out of the combined INIT total: MEXC's reported open interest moves about 6.8 times more than its own trades imply, so it is shown per market but not added to combined totals. How we check MEXC open interest. INIT funding on MEXC is -6.3632% per 8 hours (≈-6968% APR), settles every 1 hour with a current interval quote of -0.7954%, above the OI-weighted average of -7.0543% across exchanges. MEXC INIT open interest changed +4213.05% over the last 24h.
INIT markets on MEXC
1 perp| Market | Price | Vol 24h | Open interest | OI 24h | Funding / 8h | APR | Interval / current quote | Trade |
|---|---|---|---|---|---|---|---|---|
| INIT_USDT perp | 0.2697 | $35.71M | $5.62M | +4213.05% | -6.3632% | ≈-6968% APR | 1 hour · -0.7954% | Trade ↗ |
INIT funding on MEXC
8h equivalent, this exchange onlyLoading chart…
Not recorded Chart: TradingView Lightweight Charts™
INIT open interest on MEXC
USD, this exchange onlyLoading chart…
Not recorded Chart: TradingView Lightweight Charts™
Seven completed days of INIT funding observations on MEXC
Recorded funding history is loading. Reload shortly to see the observations. Live quotes and charts are independent of this table.
Daily mean of hourly observed 8-hour-equivalent funding, not settled payments or a cashflow sum. Each hour uses the chart's open-interest weighting across MEXC INIT perpetual contracts (a plain mean when no positive OI is available). Stored rates are already normalized; today's settlement interval is not applied again. Coverage counts usable hourly buckets, not every five-minute sample. Missing hours are excluded, not zero.
Latest recorded funding settlements
INIT_USDT on MEXC · native perpetual funding payments reported by the exchange. Latest 30 records at most, within the 30 days ending 2026-11-10 17:45:00.000 UTC. This ledger covers this contract only.
Settlement history is loading. Reload to see recorded payments when ready. Current quotes and observed funding history remain independent of this ledger.
Last 24 completed UTC hours of INIT open interest on MEXC
Recorded hourly open interest is loading. Reload shortly to see the rows. Live figures and charts are independent of this table.
Each hour is the last recorded open interest per MEXC INIT perpetual contract within that hour, summed across contracts, exactly as the MEXC open interest chart above is built. A contract missing from an hour is carried forward from its last recorded value for at most four hours, as on the chart. These are recorded samples from MEXC's public API, not a complete census of every open position nor a list of every freshly observed print. An hour without a recorded value is unavailable, not zero, and a change is shown only between two adjacent recorded hours whose earlier value is positive. MEXC's open interest is shown per market and never added to the combined INIT total: how we check MEXC open interest.
INIT on every exchange
INIT funding, all exchanges →| # | Exchange | Open interest | Share | Funding / 8h | APR | Perp vol 24h |
|---|---|---|---|---|---|---|
| 1 | Binance | $21.02M | 58.8% | -6.3634% | ≈-6968% APR | $1.05B |
| 2 | Bybit | $5.16M | 14.4% | -15.8366% | ≈-17341% APR | $215.54M |
| 3 | KuCoin | $4.39M | 12.3% | -5.0656% | ≈-5547% APR | $27.87M |
| 4 | Hyperliquid | $2.03M | 5.7% | -2.4349% | ≈-2666% APR | $25.71M |
| 5 | Bitget | $1.91M | 5.3% | -3.2408% | ≈-3549% APR | $83.11M |
| 6 | Gate | $1.08M | 3.0% | -2.5888% | ≈-2835% APR | $39.78M |
| 7 | Aster | $176K | 0.5% | -4.0000% | ≈-4380% APR | $1.31M |
| — | MEXC | $5.62M | not ranked | -6.3632% | ≈-6968% APR | $35.71M |
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 current quoted rate for each market's native funding interval. This quote can change before settlement and does not prove a payment already occurred. HIP-3 markets that share the ticker are left out. Coverage: USDT perps: open interest and funding polled over REST every 60s; MEXC publishes no liquidation feed.
INIT on MEXC FAQ
What is the INIT funding rate on MEXC?
-6.3632% per 8 hours (-0.7954% per 1 hour, the current quote; ≈-6968% APR) is the INIT perpetual funding rate on MEXC. Negative means shorts pay longs. The chart below shows MEXC's INIT funding history only.
How often does MEXC pay INIT funding?
MEXC settles INIT funding every 1 hour; the 8-hour figures on this page are scaled to that interval for comparison. The current quote can change before settlement and does not prove a payment already occurred.
How much INIT open interest is on MEXC?
$5.62M open INIT perpetual positions on MEXC, 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?
MEXC's public market-data API, read live by this site. Nothing here comes from paid data vendors.