INIT open interest, funding and liquidations history
From recorded history, hourlyINIT open interest is up 10.2% since 13:15 UTC on 27 Sep, from $4.77M to $5.26M. INIT funding has averaged 0.0100% per 8 hours since 13:15 UTC on 27 Sep (≈11% APR), positive in 100% of hourly readings, so longs mostly paid shorts. $99 of INIT positions were liquidated since 13:15 UTC on 27 Sep: $99 longs (100.0%) and $0 shorts.
INIT price
Not recorded Chart: TradingView Lightweight Charts™
INIT open interest
All perps, USDNot recorded Chart: TradingView Lightweight Charts™
INIT funding rate
OI-weighted, 8hNot recorded Chart: TradingView Lightweight Charts™
INIT liquidations
Longs up, shorts downNot recorded Chart: TradingView Lightweight Charts™
INIT CVD and taker flow
Spot vs perp, from range start · bars: net taker buysNot recorded Chart: TradingView Lightweight Charts™
INIT markets: funding rate & open interest by exchange
Funding as 8h equivalent (hover for APR) · OI changes need history| Market | Price | 1h | 24h | 24h volume | Funding 8h | Open interest | OI 1h | OI 4h | OI 24h | Trade |
|---|---|---|---|---|---|---|---|---|---|---|
| Binance perp INITUSDT | 0.09042 | +0.02% | — | $1.55M | 0.0100% | $3.87M | +0.06% | +1.02% | — | Trade |
| Bybit perp INITUSDT | 0.09038 | -0.03% | — | $374K | 0.0100% | $658K | +0.08% | +0.73% | — | Trade |
| Bitget perp INITUSDT | 0.09033 | +0.08% | — | $63K | 0.0100% | $439K | +0.04% | — | — | Trade |
| KuCoin perp INITUSDTM | 0.09036 | — | — | $16K | 0.0100% | $329K | — | — | — | Trade |
| MEXC perp INIT_USDT | 0.09041 | — | — | $100K | 0.0100% | $297K | — | — | — | Trade |
| Hyperliquid perp INIT | 0.09042 | +0.16% | — | $86K | 0.0100% | $261K | +0.21% | +0.87% | — | Trade |
| Gate perp INIT_USDT | 0.09032 | +0.36% | — | $6,740 | 0.0100% | $35K | +0.36% | — | — | Trade |
| Bybit spot INITUSDT | 0.09039 | -0.02% | — | $530K | — | — | — | — | — | Trade |
| Binance spot INITUSDT | 0.09028 | +0.16% | — | $353K | — | — | — | — | — | Trade |
| Binance spot INITUSDC | 0.09034 | +0.46% | — | $31K | — | — | — | — | — | Trade |
Price and OI changes appear once the server has enough history: it records 5-minute snapshots since its last restart (~6h ago), so 1h values fill in after an hour and 24h values after a day. Trade links go to the exchange and may be referral links.
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INIT long/short ratio
All coins' long/short ratios →Long/short ratios are tracked for the top 100 perpetuals by volume on Binance and Bybit. INIT is not among them right now. See the coins that are tracked →
INIT volume spikes
See live spikes for all coins →No INIT volume spikes since the server started ~6h ago. A spike is a minute with at least 4× normal volume; new ones appear here live.
| Time | Venue | Type | Side | $ in 1m | × normal | Buy % | +5m | +15m | +1h |
|---|
Newest first, up to 100. +5m / +15m / +1h show the price change after each spike and fill in as time passes. They describe the past, not a prediction.
INIT liquidations: long vs short
All liquidations →INIT perps trade only on Hyperliquid, which does not publish a liquidation feed.
About the INIT numbers
INIT funding rate
Perpetual futures have no expiry, so exchanges keep their price close to spot with periodic funding payments between longs and shorts. A positive INIT funding rate means longs pay shorts (more demand for leveraged longs); negative means shorts pay longs. Rates here are converted to an 8-hour equivalent so exchanges with 1h, 4h and 8h intervals compare directly, and the headline figure is weighted by each exchange's open interest.
INIT open interest
Open interest is the USD value of all open INIT perpetual positions. Rising OI alongside a price move means new positions are opening; falling OI means positions are closing (including liquidations). OI changes are measured from 5-minute snapshots.
INIT liquidations
A liquidation is a leveraged position the exchange closed by force. Long liquidations are forced sells that hit when price drops; short liquidations are forced buys when price rises. The long/short split shows which side was caught.
INIT volume spikes
A spike is a minute where one INIT market traded at least 4× its normal minute volume, with a size floor. Buy % is the share of taker buys. The +5m / +15m / +1h columns show what price did afterwards. They are history, not a signal. Not financial advice.