INIT funding rates
INIT perpetual funding is currently quoted across 4 venues, ranging from -101.3% to +10.9% APR. The most reliable delta-neutral pairing for INIT right now is long Kraken / short Hyperliquid at +86.0% net APR (medium risk, ~1.8d to break even).
as of 2026-09-12 04:40 UTC
Best delta-neutral pairing
Long Kraken / Short Hyperliquid
+86.0% net APR
- Backtested (30d)
- +67.8%
- Stability
- 84.3%
- Risk
- medium
- Breakeven
- ~1.8d
Ranked by 30-day reliability (backtest × stability × risk) — the spread that holds, not just the widest current rate.
Open this tradeINIT funding by exchange
| Exchange | Funding APR |
|---|---|
| Hyperliquid | +10.95% |
| Variational | +10.95% |
| Aster | +10.95% |
| Kraken | -101.32% |
Frequently asked
What is the INIT funding rate right now?
INIT perpetual funding ranges from -101.32% to 10.95% APR across 4 exchanges we track; the widest delta-neutral spread is long Kraken / short Hyperliquid at 86.0% net APR.
Which exchange has the highest INIT funding rate?
Hyperliquid currently has the highest at 10.95% APR. See the full ranking above.