Dogecoin Is Only Asset With Rising Open Interest in Five-Market Check

Dogecoin (DOGE) was the only one of five crypto assets to gain open interest in a Nov. 8 perpetual-futures snapshot, while XRP posted the group’s highest eight-hour funding rate. At 6:01 a.m. ET (11:01 UTC), DOGE open interest stood at $180.5 million, up 0.47% over 24 hours. Its mark price was $0.0709. Funding was 0.0084% every eight hours, equivalent to 9.2% annualized. Long accounts made up 73.7% of accounts, compared with 26.4% short. XRP’s funding rate was slightly higher at 0.0085% every eight hours, or 9.3% annualized. Its mark price was $1.16, and open interest fell 0.54% to $389.4 million. Long accounts represented 73.7% of accounts, while short accounts accounted for 26.3%. Funding was positive for all five assets.

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