INIT perpetual funding rates across exchanges

current funding on 6 exchanges, converted to a yearly rate. updated 2026-10-09 17:05 UTC.

highest: +11.39% a year on Extended (INIT-USD). lowest: +10.95% on Hyperliquid (INIT). spread: +0.44%.

by exchange, highest first

exchangemarketeveryrate / intervalannualizedcaptaker / makermax lev
ExtendedINIT-USD1h0.0013%+11.39%2%/1h0.025% / 0%5x
OKXINIT-USDT-SWAP4h0.0050%+10.95%1%/4h0.05% / 0.02%10x
BybitINITUSDT4h0.0050%+10.95%2%/4h0.055% / 0.02%25x
BinanceINITUSDT4h0.0050%+10.95%2%/4h0.05% / 0.02%-
AsterINITUSDT4h0.0050%+10.95%2%/4h0.04% / 0.005%-
HyperliquidINIT1h0.0013%+10.95%4%/1h0.045% / 0.015%3x

annualized = rate per interval × (8,760 ÷ interval hours). positive means longs pay shorts. exchanges pay funding every 1, 4 or 8 hours, so comparing raw rates across them is misleading; this table puts them on one scale.

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