24h volume$169,869,044,389+96.24%Open interest$131,090,081,463+1.19%Liquidations 24h$151,207,400Longs/Shorts 24h49.64%/50.36%US 30Y5.293%−0.022US debt$40.44T+$30.7B
trifolio

← Arbitrage & Funding

INIT Funding Rates

9 exchanges · updated 26 Oct, 18:26 UTC

INIT perpetual funding on 9 exchanges, a year (APR): positive means longs pay shorts.

Highest now11.0%HyperliquidLowest now−4.7%BybitOpen interest$19.4M24h volume$40.9M
Best pair over 7 days
Long Bybit · Short MEXC · 13.0% a year, 5.2% after fees
Open in Arbitrage
Funding by exchange· highest first
ExchangeNow24h7 daysPayoutPriceOpen interest24h volume
HyperliquidDEX 11.0%+0.0013% / 1h 10.8% 7 days5.4%paid 92% of hours hourlynext 19:00 UTC 0.14658 $1.8M $1.7M Trade
BinanceCEX 11.0%+0.0050% / 4h 10.1% 7 days10.8%paid 99% of hours every 4hnext 20:00 UTC 0.14677 $9.3M $20.1M Trade
OKXCEX 11.0%+0.0050% / 4h 10.5% 7 days10.9%paid 100% of hours every 4hnext 20:00 UTC 0.14686 $570K $4.1M Trade
BitgetCEX 11.0%+0.0050% / 4h 11.0% 7 days10.9%paid 100% of hours every 4hnext 20:00 UTC 0.14649 $995K $1.3M Trade
GateCEX 11.0%+0.0100% / 8h −3.9% 7 days5.3%paid 73% of hours every 8hnext 00:00 UTC 0.14682 $165K $327K Trade
MEXCCEX 11.0%+0.0050% / 4h 10.1% 7 days10.8%paid 99% of hours every 4hnext 20:00 UTC 0.14677 $287K $336K Trade
KuCoinCEX 11.0%+0.0050% / 4h 11.0% 7 days10.9%paid 100% of hours every 4hnext 20:00 UTC 0.14697 $510K $425K Trade
BingXCEX 11.0%+0.0050% / 4h 6.6% 7 days6.8%paid 89% of hours every 4hnext 20:00 UTC 0.14677 $3.5M $6.7M Trade
BybitCEX −4.7%−0.0021% / 4h −7.6% 7 days−2.2%paid 65% of hours every 4hnext 20:00 UTC 0.14672 $2.3M $5.9M Trade
Best pairs· after taker fees in and out over a 7-day hold
Pair7 daysAfter feesPrice spreadLiquidity
LongBybitShortMEXC
CEX ↔ CEX · thin market
13.0% 5.2%fees 0.15% Price spread+0.014%usual +0.083% $287K Open
LongBybitShortOKX
CEX ↔ CEX · thin market
13.1% 2.2%fees 0.21% Price spread+0.041%usual +0.14% $570K Open
LongBybitShortBinance
CEX ↔ CEX
13.0% 2.1%fees 0.21% Price spread+0.014%usual +0.13% $2.3M Open
LongBybitShortKuCoin
CEX ↔ CEX · thin market
13.1% 1.1%fees 0.23% Price spread−0.068%usual +0.032% $510K Open
LongBybitShortBitget
CEX ↔ CEX · thin market
13.1% 1.1%fees 0.23% Price spread−0.24%usual −0.058% $995K Open
LongHyperliquidShortMEXC
DEX ↔ CEX · thin market
5.5% −1.3%fees 0.13% Price spread+0.018%usual +0.14% $287K Open
LongGateShortMEXC
CEX ↔ CEX · thin market
5.6% −1.7%fees 0.14% Price spread−0.034%usual +0.054% $165K Open
LongBybitShortBingX
CEX ↔ CEX
9.0% −1.9%fees 0.21% Price spread−0.014%usual +0.074% $2.3M Open
LongBybitShortHyperliquid
DEX ↔ CEX · thin market
7.6% −2.8%fees 0.20% Price spread−0.27%usual −0.021% $1.8M Open
LongBingXShortMEXC
CEX ↔ CEX · thin market
4.0% −3.3%fees 0.14% Price spread−0.027%usual +0.032% $287K Open
Other coins

Funding from each exchange’s API, refreshed every minute; averages from our hourly records. Links to exchanges are referral links. This is information, not financial advice.