INJUSDT perpetual

Contract data read from Binance, Bybit, OKX and Hyperliquid public endpoints · 2026-10-03 21:16:58 UTC

INJUSDT is a USDT-margined perpetual on Binance, marked at 7.631 USDT inside a 24-hour band of 7.254–7.838 (4.36%). Open interest is 3,885,434.0 INJ, about 29.65M USDT in live exposure, against 52.33M USDT traded in 24 hours. Funding settles every 8 hours at 0.0100%, 0.0007631 USDT per INJ held.

Mark price	7.631 USDT
24h range	7.254 – 7.838 USDT
24h change	4.36%
24h volume	52.33M USDT
Open interest	3,885,434.0 INJ
Open interest value	29.65M USDT
Funding rate	0.0100% / 8h
Minimum order	5 USDT ≈ 0.655222 INJ
Quantity step	0.1 INJ ≈ 0.7631 USDT
Price tick	0.001000 USDT (0.01310% of mark)

At 0.0100% the long pays the short: a 10,000 USDT position moves 1.0000 USDT every 8 hours, 3.000 USDT a day, 10.95% a year.
Daily turnover runs 1.76× the 29.65M USDT sitting in open positions.
Bybit caps this contract at 50×, so initial margin starts near 2.00% of notional — 0.1526 USDT per INJ.
Binance caps each settlement at ±2.00% — at most 0.1526 USDT per INJ, 2,190% annualised.
Hyperliquid shows 1,127,017.2 INJ of open interest here, 0.29× Binance's 3,885,434.0 INJ.

Annualised funding, each venue on its own 8/8/8/1-hour cycle: Binance 10.95% · Bybit -1.67% · OKX 1.19% · Hyperliquid 10.95%. The gap is 12.62 points — Bybit is the cheapest venue to hold a long here, Binance the dearest.

FAQ

INJUSDT questions

Binance requires 5 USDT of notional, which at 7.631 USDT is 0.655222 INJ; size then moves in steps of 0.1 INJ.

Every 8 hours. The current rate is 0.0100% — 0.0007631 USDT per INJ per settlement, 10.95% a year if it holds.

Open interest is 3,885,434.0 INJ (29.65M USDT) with 52.33M USDT changing hands over 24 hours.

Bybit allows up to 50×, putting initial margin around 2.00% of position value — 0.1526 USDT per INJ at the current mark.

Run your own rules on INJUSDT