INJUSDT perpetual

Contract data read from Binance, Bybit, OKX and Hyperliquid public endpoints · 2026-07-30 12:26:48 UTC

INJUSDT is a USDT-margined perpetual on Binance, marked at 4.828 USDT inside a 24-hour band of 4.484–4.857 (5.72%). Open interest is 4,533,715.4 INJ, about 21.89M USDT in live exposure, against 33.99M USDT traded in 24 hours. Funding settles every 8 hours at 0.0067%, 0.0003241 USDT per INJ held.

Mark price	4.828 USDT
24h range	4.484 – 4.857 USDT
24h change	5.72%
24h volume	33.99M USDT
Open interest	4,533,715.4 INJ
Open interest value	21.89M USDT
Funding rate	0.0067% / 8h
Minimum order	5 USDT ≈ 1.035626 INJ
Quantity step	0.1 INJ ≈ 0.4828 USDT
Price tick	0.001000 USDT (0.02071% of mark)

At 0.0067% the long pays the short: a 10,000 USDT position moves 0.6712 USDT every 8 hours, 2.014 USDT a day, 7.35% a year.
Daily turnover runs 1.55× the 21.89M USDT sitting in open positions.
Bybit caps this contract at 50×, so initial margin starts near 2.00% of notional — 0.09656 USDT per INJ.
Binance caps each settlement at ±2.00% — at most 0.09656 USDT per INJ, 2,190% annualised.

Annualised funding, each venue on its own 8/8/8/1-hour cycle: Binance 7.35% · Bybit -0.59% · OKX -13.84% · Hyperliquid 10.95%. The gap is 24.79 points — OKX is the cheapest venue to hold a long here, Hyperliquid the dearest.

INJUSDT questions

What is the smallest INJUSDT position?

Binance requires 5 USDT of notional, which at 4.828 USDT is 1.035626 INJ; size then moves in steps of 0.1 INJ.

How often does INJUSDT funding settle?

Every 8 hours. The current rate is 0.0067% — 0.0003241 USDT per INJ per settlement, 7.35% a year if it holds.

How liquid is INJUSDT right now?

Open interest is 4,533,715.4 INJ (21.89M USDT) with 33.99M USDT changing hands over 24 hours.

What leverage is available on INJUSDT?

Bybit allows up to 50×, putting initial margin around 2.00% of position value — 0.09656 USDT per INJ at the current mark.

Run your own rules on INJUSDT