Injective Funding Rate (INJ)
Compare Injective perpetual funding rates across exchanges in real time · OI-weighted composite rate · updated every minute
Injective current price: $4.74
INJ Funding Rate by Exchange
Next settlement --:--:--| # | Exchange | Funding Rate | APR | Settlement Interval | Next Settlement | Open Interest |
|---|---|---|---|---|---|---|
| 1 | Binance | -0.0388% | -42.49% | 8h | 08:00 UTC | $18.5M |
| 2 | MEXC | -0.0271% | — | — | — | $15.9M |
| 3 | KuCoin | -0.0077% | -8.43% | 8h | 08:00 UTC | $10.1M |
| 4 | Bybit | -0.0201% | -21.98% | 8h | 08:00 UTC | $9.8M |
| 5 | Bitget | +0.0100% | +10.95% | 8h | — | $9.4M |
| 6 | WhiteBIT | +0.0100% | +10.95% | 8h | 08:00 UTC | $4.2M |
| 7 | OKX | -0.0159% | -17.39% | 8h | 08:00 UTC | $3.7M |
| 8 | Hyperliquid | +0.0013% | +10.95% | 1h | — | $2.6M |
| 9 | Gate | -0.0094% | -10.29% | 8h | 08:00 UTC | $1.4M |
| 10 | Kraken | -0.0028% | — | — | — | $0.8M |
| 11 | Coinbase | -0.0007% | -6.13% | 1h | — | $0.2M |
| 12 | Aster | -0.0075% | -8.23% | 8h | 08:00 UTC | $0.1M |
| 13 | CoinEx | +0.0000% | +0.00% | 8h | 16:00 UTC | $0.1M |
| 14 | Crypto.com | +0.0000% | — | — | — | $0.1M |
| 15 | dYdX | +0.0000% | +0.00% | 1h | — | $0.0M |
| 16 | Bitfinexhighest | -0.0744% | — | — | 08:00 UTC | $0.0M |
| 17 | BingX | +0.0100% | — | — | 08:00 UTC | — |
| 18 | Bitunix | -0.0389% | -42.65% | 8h | 08:00 UTC | — |
| 19 | LBank | -0.0390% | — | — | 08:00 UTC | — |
APR = period rate × (24 / settlement interval) × 365. Shown as — when the exchange's settlement interval is unknown.
Simple Average
-0.0132%
OI-Weighted Rate
-0.0177%
Volume-Weighted Rate
-0.0253%
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.
| Exchange | 1D | 7D | 30D | 90D |
|---|---|---|---|---|
| Binance | -0.0097% | -0.0722% | -0.2973% | -1.0330% |
| OKX | +0.0000% | +0.0300% | +0.1500% | +0.1693% |
| Bitget | +0.0000% | +0.0300% | +0.1500% | +0.1962% |
| Bybit | +0.0000% | +0.0203% | +0.1067% | +0.0460% |
| Gate | +0.0000% | -0.0131% | +0.0534% | +0.0670% |
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 -0.0132% across 19 exchanges CoinBoss tracks, and the rate is negative. 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 bitfinex shows the highest (or most extreme) INJ funding rate among tracked exchanges, at -0.0744%. 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.
More Coin Funding Rates
View full funding rate matrix ›BTCETHSOLXRPBNBDOGEHYPEZECOKBSKLADALINKAVAXXLMBCHUNIAAVESUINEARARBENAWLDBLURYFIHOTKAITOTRXXMRCCGRAMLTCHBARXAUTTAOWLFIPAXGASTERDEXEONDODOTSKYMORPHOICPETCPIJSTBEATPOLATOMRENDER
View full funding rate matrix › (+238)
KASALGOJUPLITFILPUMPAPTVVVNIGHTAEROCAKEDASHVIRTUALVETPENGUPYTHTRUMPETHFITIAFETSPXSEIZROCRVJTOKITEMONPENDLEXTZLDOGRASSXPLCFXOPJASMYSYRUPSTRKGRTUBIOTACHZVELVETAXSFFEIGENENSCOMPAPEWIFFARTCOINTHETAMANAHRUNERIFSANDSNXARAWEAGWEIGENIUSIMXDYDXZKGALASENT1INCHALLOUAIBILLATHUSELESSEGLDMETQSAFELPTRSRBANANAS31ARCZENARKMZAMAORDIRIVERSYNRAVEBASCHIPRVNPLUMEKSMIOWBIOHOMEBERALINEASOONTURBOCOAIENJMEGAHOLOBABYAPRREDDUSKMOVEGPSROSEPOPCATTRBPNUTBARD0GALTCELOMOODENGESPJCTNOTNESRPLARXMEZEREBROSKYAIMEMEATSAHARAFOGOVANABSBZESTPRLROBOBOMEPEOPLEIRYSMANTAGIGGLECLOSTGMERLIOTXOPGTRIABASEDCOLLECTHYPERFRAXBLUAIMETISDOGSAIXBTTACSAPIENBREVBIRBPIPPINEDENMOVRTAIKOINSPELLWETUSUALENSOXAISCRTMIRAAGLDBANANACTRHMSTRALICEEPICKATOGNLAHEIGUNRARERESOLVTSTMAVTUTTRUSTBELTHEFIGHTZILAXLFLUIDASTRCFGSTABLEKMNOBRETTMINAPIEVERSENEOSUNANKRCHRELSAUMAC98PORTALTREESTARTRADOORCYBEREDUCORE4OGBANDMASKZKCICNTSUSHIARKGMTSIGNFIDADRIFTPOWRPHASTONILZORAINX龙虾币安人生我踏马来了