Initia Funding Rate (INIT)

Compare Initia perpetual funding rates across exchanges in real time · OI-weighted composite rate · updated every minute

Initia current price: $0.05470

Rate MatrixHeatmapCumulative Fees

INIT Funding Rate by Exchange

Next settlement --:--:--
#ExchangeFunding RateAPRSettlement IntervalNext SettlementOpen Interest
1Binance+0.0050%+10.95%4h00:00 UTC$1.9M
2KuCoin+0.0050%+10.95%4h00:00 UTC$1.2M
3Bybit+0.0050%+10.95%4h00:00 UTC$1.0M
4MEXC+0.0050%$0.5M
5WhiteBIT+0.0050%+10.95%4h00:00 UTC$0.4M
6Hyperliquid+0.0013%+10.95%1h$0.3M
7Bitget+0.0050%+10.95%4h$0.3M
8Gatehighest+0.0100%+10.95%8h00:00 UTC$0.1M
9Kraken-0.0092%$0.0M
10Crypto.com-0.0021%$0.0M
11Aster+0.0013%+10.95%1h23:00 UTC$0.0M
12BingX+0.0050%00:00 UTC
13Bitunix+0.0050%+10.95%4h00:00 UTC
14LBank+0.0050%00:00 UTC
APR = period rate × (24 / settlement interval) × 365. Shown as — when the exchange's settlement interval is unknown.
Simple Average
+0.0033%
OI-Weighted Rate
+0.0048%
Volume-Weighted Rate
+0.0049%

INIT Funding Rate History

INIT Cumulative Funding Cost

Cumulative settled funding rate by exchange over each window — positive means longs paid shorts (cost of holding a long), negative means shorts paid longs.

Exchange1D7D30D90D
Binance+0.0100%+0.1900%+0.7672%+1.2970%

About Initia Funding Rate

What is the INIT funding rate?

The INIT funding rate is a periodic payment between long and short traders on Initia perpetual futures, designed to keep the contract price anchored to the spot index. When the rate is positive, longs pay shorts; when negative, shorts pay longs. It is the main ongoing cost (or income) of holding a leveraged INIT perpetual position.

What does a positive or negative INIT funding rate mean?

A persistently positive INIT funding rate signals crowded long positioning and bullish sentiment — longs keep paying to stay in the trade. A negative rate signals short-side dominance and bearish sentiment. Extreme funding rates in either direction often indicate an overcrowded trade and raise the risk of a sharp reversal or short squeeze/long squeeze.

What is the current INIT funding rate?

As of now, the INIT funding rate averages 0.0033% across 14 exchanges CoinBoss tracks, and the rate is positive. This figure updates in real time — check the table above for the latest per-exchange breakdown and the OI-weighted composite rate.

Which exchange has the highest INIT funding rate?

Right now gate shows the highest (or most extreme) INIT funding rate among tracked exchanges, at 0.0100%. Funding rates can vary meaningfully across exchanges due to differences in order-book premium, index price and leverage demand — creating potential funding rate arbitrage opportunities.
Most exchanges settle funding every 8 hours (00:00 / 08:00 / 16:00 UTC). Actual settlement intervals may vary by exchange and contract.