INITIA (INIT) price, where to buy & arbitrage

INIT 20 exchanges

Initia (INIT) trades on 20 exchanges that Finder tracks live, across 15 spot, 18 perpetual markets. Initia arbitrage means buying INIT where it is priced lower and selling where it is higher, capturing the gap before it closes. The deepest liquidity is on Hotcoin ($13,337,972 of $32,973,560 total 24h volume). It can be moved between exchanges over INIT. With both spot and perpetual INIT markets live, the spot-versus-perp gap and the cross-exchange spread are both arbitrage opportunities. Finder compares every INIT quote in real time to surface the best cross-exchange arbitrage spread, with live deposit and withdrawal status on each rail. Closed transfer rails are flagged before you act, so a wide spread on a stuck route is never shown as live.

Data refreshed 2026-06-29
Live · 20 exchanges Real-time ↗
$0.053553
+1.64%24h
Cross-exchange $0.00 · 0.80%
Weex → Htx · 24h high +3.90% · 14h ago
Most liquid Hotcoin futures · $13.3M/24h
Supported networks 2 chains
Init Osmo

INIT price · last 7d

-11.05%
low 0.04972 Hotcoin · 7d high 0.060195

Where INIT trades

33 markets
Exchange
Market
Funding
Bid
Ask
24h Vol
Vol%
NetworkD/WFee
$0.05341
$0.0537
$928k
2.8%
INITDW$2.04
+0.0050%
$0.05343
$0.05365
$8.0M
24.3%
INITDW$2.04
$0.0535
$0.0536
INITDW$0.01
+0.0050%
$0.05344
$0.05365
$6.5M
19.8%
INITDW$0.01
$0.0535
$0.0536
$164k
0.5%
INITDW<$0.01
+0.0050%
$0.05355
$0.05357
$792k
2.4%
INITDW<$0.01
$0.05353
$0.05368
$367k
1.1%
INITDW$0.05
+0.0050%
$0.0535
$0.0536
$524k
1.6%
INITDW$0.05
$0.0535
$0.0538
$228k
0.7%
INITDW
+0.0050%
$0.05355
$0.05357
$87k
0.3%
INITDW
$0.05358
$0.05372
$61k
0.2%
INITDW$0.11
+0.0050%
$0.05355
$0.05356
$185k
0.6%
INITDW$0.11
$0.05348
$0.05361
$68k
0.2%
INITDW$0.11
+0.0050%
$0.0535
$0.0536
$107k
0.3%
INITDW$0.11
$0.053402
$0.053655
$16k
<0.1%
INITDW$0.27
+0.0050%
$0.0534
$0.0535
$44k
0.1%
INITDW$0.27
Xt
$0.0535
$0.0536
$32k
<0.1%
INITDW$1.02
Xt
+0.0050%
$0.0535
$0.0538
$25k
<0.1%
INITDW$1.02
$0.05343
$0.05362
$4k
<0.1%
INITDW
+0.0100%
$0.05333
$0.05352
$31k
<0.1%
INITDW
$0.05349
$0.0537
$10k
<0.1%
INITDW<$0.01
+0.0050%
$0.0535
$0.05355
$14k
<0.1%
INITDW<$0.01
$0.0535
$0.0539
$31
<0.1%
·
$0.05355
$0.05357
$16k
<0.1%
Kraken
spot
$0.0534
$0.0536
$3k
<0.1%
Kraken
futures
-0.0744%
$0.0528
$0.05385
$2k
<0.1%
+0.0050%
$0.05345
$0.05357
$13.3M
40.5%
$0.053
$0.054
$1.0M
3.1%
INITDW<$0.01
+0.0013%
$0.053522
$0.053563
$150k
0.5%
+0.0050%
$0.05351
$0.05356
$117k
0.4%
+0.0050%
$0.05355
$0.05357
$79k
0.2%
+0.0013%
$0.05345
$0.05363
$2k
<0.1%
$0.053693
$0.053814
$2k
<0.1%
INITDW

About Initia spreads

Q.01 Where can I buy INIT? +
INIT is listed on 33 exchanges: Asterdex, Binance, Bingx, Bitget, Bitmart, Bybit, Coinex, Gateio, …. The highest-volume market is Hotcoin ($13,337,972 24h). Current lowest price: $0.053325 on Kraken (perp).
Q.02 Where is INIT cheapest to buy right now? +
The lowest live INIT price across the exchanges we track is $0.053325 on Kraken (futures). Prices move every second, so the cheapest exchange can change. The live table above is the source of truth.
Q.03 Does INIT trade on spot or futures? +
INIT is available across 15 spot markets, 18 perpetual markets. Both spot-versus-perp and cross-exchange spreads are surfaced on the dashboard.
Q.04 How do I arbitrage INIT between exchanges? +
Buy INIT on the cheaper exchange and sell on the dearer one, then settle the difference. You either transfer the coin (only when the deposit and withdrawal rail is open) or hold offsetting spot and perpetual legs. The main risks are transfer windows, fees and execution speed, all of which Finder surfaces per spread so you act only on routes that are actually open.
Q.05 Which networks does INIT support for deposit and withdrawal? +
INIT can be transferred via INIT networks. Real-time deposit/withdrawal status per exchange is tracked in the table above. Rails change frequently and we refresh our data every few minutes.
Q.06 How often are INIT prices and arbitrage data updated? +
Orderbook prices come from exchange WebSockets with per-symbol updates within seconds. Deposit/withdrawal status refreshes every few minutes. Arbitrage spreads are computed continuously from the same stream.

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How to arbitrage INIT

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1.003 1.000 0.997 0.880

normal: inside the band depeg event

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