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USD/INR (USDINR) Perpetual Futures

USD/INR (USDINR) Perpetual Futures — Live Data

Price
Total Open Interest
24h Volume
Venue
1

Where to Trade USD/INR (USDINR) Perpetual Futures

USD/INR (USDINR) perpetual futures are live on 1 venue. The venue cards compare open interest, 24h volume, and funding. The data updates every two minutes, and each card links directly to USDINR trading.

Gains Network logo
Gains Network
Arbitrum, Base, Polygon, ApeChain, MegaETH, Solana
Open Interest
24h Volume
Fee model
Position model
Max Lev.
1000x
Rating
8.0/10

Market Overview

USD/INR tracks the exchange rate between the US dollar and the Indian rupee, with India's economy growing as one of the world's fastest major economies. The Reserve Bank of India actively manages the rupee within implicit bands using foreign exchange intervention, creating lower volatility than most EM currencies but with periodic sharp adjustments. USDINR perpetual futures reflect India's macroeconomic trajectory, oil import costs (India is a large oil importer), and FII (Foreign Institutional Investor) equity and bond flows.

Trading Tips for USD/INR Perps

USDINR is one of the more stable EM currency pairs due to RBI intervention policy — large moves above typical ATR often indicate the RBI is allowing adjustment rather than resisting. Oil price direction is important because India's crude import bill directly affects the current account deficit and rupee demand. FII equity flow data from NSE is a useful indicator of INR demand from portfolio investment.

Frequently Asked Questions — USD/INR (USDINR)

What is the current USDINR perpetual futures funding rate?
The live USD/INR (USDINR) funding-rate panel updates every 2 minutes. It shows annualized rates for each exchange that lists USDINR perps. A positive rate means long traders pay short traders, while a negative rate means shorts pay longs.
Which exchange has the lowest USDINR perp trading fees?
SynFutures is the only tracked USDINR venue with a comparable maker/taker schedule. It lists a 0.020% taker fee and a 0.010% maker fee. 1 position-fee venue is excluded from this maker/taker result. Use the cost comparison for total cost.
How does USD/INR open interest compare across exchanges?
The USD/INR (USDINR) open-interest chart shows the total value of outstanding USDINR derivative contracts on each exchange. Rising open interest indicates new capital entering the market, while declining OI suggests positions are being closed.
What does the USDINR long/short ratio indicate?
The USD/INR long/short ratio shows the balance between traders betting on price increases (longs) versus decreases (shorts) across exchanges. An extreme ratio in either direction can signal potential reversals as crowded positioning often leads to liquidation cascades.
How do USDINR forex perps compare to spot forex trading?
USDINR perpetual futures offer 24/7 trading without weekend gaps, leverage up to 1000x on some platforms, and no need for a traditional forex broker. Unlike spot forex, perps use a funding rate mechanism instead of swap rates. Trading costs on DEXes can be lower than traditional forex brokers, especially for smaller position sizes.
Where can I trade USDINR perpetual futures?
USD/INR (USDINR) perps are listed on 2 exchanges: Gains Network and SynFutures. The "Where to Trade USD/INR (USDINR) Perpetual Futures" section compares fees and leverage limits and gives a direct trading link for each venue.

Category: Forex · Data updates every 2 minutes · All rates shown are annualized