INIT Funding Rate & Schedule
INIT perpetual futures funding rate on 6 exchanges: BingX, Binance, Bybit, OKX, MEXC, Hyperliquid. Each exchange's next rate, how often it is collected, the next collection time, the 8-hour equivalent and 24h volume are below. Data as of 2026-10-18 16:02 UTC, from the exchanges' public endpoints.
- • Cheapest for longs: BingX (8h equivalent +0.0070%).
- • Best for shorts: Hyperliquid (8h equivalent +0.0100%).
- • Cross-exchange spread: 0.0030% per 8h.
- • Next collection: Hyperliquid at 17:00 UTC (+0.0013%, longs pay shorts).
- • Collection intervals: every 1h, 4h.
Where INIT stands
- • INIT ranks #244 by 24h volume among 922 pairs listed on at least two exchanges.
- • Average 8h equivalent across exchanges is +0.0095% (longs pay) — #233 of 922 from the highest.
- • Cross-exchange spread is 0.0030% (8h), #652 by spread — a wider spread means more arbitrage room.
- • Exchanges collect this pair at different intervals (1h, 4h); compare by the 8h equivalent.
INIT — funding by exchange
| Exchange | Next rate | Who pays | Interval | Next collection | 8h equiv. | Annual | 24h volume | |
|---|---|---|---|---|---|---|---|---|
| BingX | +0.0035% | ▲ longs pay | every 4h | 20:00 UTC | +0.0070% | +7.7% | $6.6M | |
| Binance | +0.0050% | ▲ longs pay | every 4h |
Frequently asked questions
What is the INIT funding rate?
A periodic payment between long and short holders of the INIT perpetual contract. If the rate is positive, longs pay shorts; if negative, shorts pay longs. It keeps the perpetual price close to spot.
How often is INIT funding collected?
It depends on the exchange: BingX 4h, Binance 4h, Bybit 4h, OKX 4h, MEXC 4h, Hyperliquid 1h. Use the "8h equivalent" column to compare different intervals.
Which exchange has the lowest INIT funding?
At the last refresh the lowest 8h equivalent for longs was BingX (+0.0070%) and the highest for shorts Hyperliquid (+0.0100%). Rates change during the period and are fixed at collection.
How is INIT funding calculated?
Payment = position size × funding rate. A 10,000 USDT INIT long at 0.01% pays 1 USDT at collection. Leverage doesn't change the payment; position size does. Highest 24h volume is on BingX ($6.6M).