INJ Funding Rate (Injective)

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

Injective current price: $5.34

Rate MatrixHeatmapCumulative Fees

INJ Funding Rate by Exchange

Next settlement --:--:--
#ExchangeFunding RateAPRSettlement IntervalNext SettlementOpen Interest
1Binance+0.0007%+0.82%8h08:00 UTC$21.1M
2Bybit+0.0062%+6.77%8h08:00 UTC$14.1M
3Bitget+0.0100%+10.95%8h$10.4M
4KuCoin+0.0100%+10.95%8h08:00 UTC$9.8M
5WhiteBIT+0.0100%+10.95%8h08:00 UTC$4.9M
6MEXChighest+0.0202%$4.9M
7OKX-0.0034%-3.70%8h08:00 UTC$4.8M
8Hyperliquid+0.0013%+10.95%1h$3.9M
9Gate+0.0100%+10.95%8h08:00 UTC$0.8M
10Kraken+0.0200%$0.6M
11CoinEx+0.0000%+0.00%8h16:00 UTC$0.4M
12Aster+0.0100%+10.95%8h08:00 UTC$0.2M
13Coinbase-0.0001%-0.88%1h$0.2M
14dYdX+0.0000%+0.00%1h$0.1M
15Crypto.com-0.0010%$0.0M
16Paradex+0.0095%+10.35%8h$0.0M
17BingX+0.0191%08:00 UTC
18Bitunix-0.0001%-0.12%8h08:00 UTC
19LBank+0.0007%08:00 UTC
APR = period rate × (24 / settlement interval) × 365. Shown as — when the exchange's settlement interval is unknown.
Simple Average
+0.0065%
OI-Weighted Rate
+0.0061%
Volume-Weighted Rate
+0.0045%

INJ Funding Rate History

INJ 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+0.0000%-0.0822%-0.4037%-0.4037%
Bitget+0.0000%+0.0297%+0.0868%+0.0868%
OKX+0.0000%+0.0272%+0.0641%+0.0641%
Gate+0.0000%+0.0164%+0.0489%+0.0489%
Bybit+0.0000%-0.0175%-0.0453%-0.0453%

About Injective Funding Rate

What is the INJ funding rate?

The INJ funding rate is a periodic payment between long and short traders on Injective 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 INJ perpetual position.

What does a positive or negative INJ funding rate mean?

A persistently positive INJ 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 INJ funding rate?

As of now, the INJ funding rate averages 0.0065% across 19 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 INJ funding rate?

Right now mexc shows the highest (or most extreme) INJ funding rate among tracked exchanges, at 0.0202%. 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.