PERPETUAL MARKET · 5 VENUES
INIT market overview.
Live INIT perpetual price, funding, and open interest on Binance, Hyperliquid, Bybit, OKX, and BloFin, recent INIT liquidations and whale trades on Hyperliquid, plus the latest INIT headlines.
INIT funding and open interest
Funding detail| Exchange | Mark price | 8h funding | Annualized | Open interest | 24h volume |
|---|---|---|---|---|---|
| Binance | $0.202429 | -1.8133% | -1,985.59% | $11.97M | $208.17M |
| OKX | $0.19959 | -1.0383% | -1,136.98% | $2.55M | $50.31M |
| Bybit | $0.20357 | -2.6055% | -2,853.04% | $6.65M | $44.58M |
| Hyperliquid | $0.20001 | -1.1464% | -1,255.36% | $2.74M | $6.86M |
| BloFin | $0.20223 | -1.8145% | -1,986.91% | — | $944.44K |
Updated . Prices and rates refresh about once a minute on page load. Funding is normalized to 8 hours so venues with different intervals compare fairly.
Recent INIT liquidations
Liquidation map| Time (UTC) | Action | Size | Price | Realized PnL |
|---|---|---|---|---|
| No large INIT liquidations in the current window. | ||||
841 open positions. Nearest liquidation: 20.42% below price for longs, 0.28% above price for shorts.
Recent INIT whale trades
Whale positions| Time (UTC) | Action | Size | Price | Realized PnL |
|---|---|---|---|---|
| No INIT whale trades in the current window. | ||||
Updated . Trades and liquidations appear five minutes after they fill.
Latest INIT news
No published INIT headlines yet
When the news engine matches a story to INIT, it will appear here after the preview delay.
Open the news engineProliquid fees to trade INIT
Compare fees| Exchange | Proliquid fee |
|---|---|
| Binance | $0 Proliquid feeProliquid adds no fee on Binance. Binance trading fees apply. |
| Hyperliquid | From 0.02% (2 bps)Proliquid builder fee of 0.02% (2 bps) at VIP0, down to 0.005% (0.5 bps) at VIP4. Hyperliquid trading fees are separate. |
| Bybit | $0 Proliquid feeProliquid adds no fee on Bybit. Bybit trading fees apply. |
| OKX | $0 Proliquid feeProliquid adds no fee on OKX. OKX trading fees apply. |
| BloFin | $0 Proliquid feeProliquid adds no fee on BloFin. BloFin trading fees apply. |
No subscription. Exchange trading fees are always separate.
Trade INIT.
One terminal, 9 exchanges.
Proliquid connects Hyperliquid, Binance, Bybit, OKX, BloFin, RISEx, Lighter, Extended, and TXFlow. Open INIT with live news matched to the market, charts, funding, and advanced orders in one workspace. Your keys and wallet stay on your device.
- News, signals, and charts beside the order form
- TWAP, chase, iceberg, and scale orders
- No subscription
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How to read INIT perpetuals
The mark price is each venue's fair price for the INIT perpetual and drives unrealized PnL and liquidations. Funding keeps the perpetual near its index: positive funding means longs pay shorts, negative funding means shorts pay longs. Open interest is the value of positions still open, so rising open interest with a rising price means new money is joining the move.
Large liquidations and whale fills show where leverage was flushed and where size is entering. Read them next to funding and the news flow before you size a trade.
Which INIT price does this page show?
The headline price is the mark price of the INIT perpetual on the venue with the most 24-hour volume. Each venue row lists its own mark, funding rate, open interest, and volume, refreshed about once a minute when the page loads.
What does Proliquid charge to trade INIT?
Proliquid adds no fee on Binance. Binance trading fees apply. Proliquid builder fee of 0.02% (2 bps) at VIP0, down to 0.005% (0.5 bps) at VIP4. Hyperliquid trading fees are separate. Proliquid adds no fee on Bybit. Bybit trading fees apply. Proliquid adds no fee on OKX. OKX trading fees apply. Proliquid adds no fee on BloFin. BloFin trading fees apply. Proliquid has no subscription.
Where do the INIT liquidations and whale trades come from?
Liquidations and whale trades come from public Hyperliquid fills, shown with a five-minute delay. Wallet addresses are not listed on this page. The Proliquid whale tracker streams the same fills live.
How current is the INIT news?
Headlines come from the Proliquid news engine's Important feed and appear here five minutes after publication. The news engine shows them live, matched to the markets they move.