XRP and Dogecoin Tie at 0.0100% Funding Rate in Five-Asset Snapshot

XRP and Dogecoin had the highest funding rates in a five-asset perpetual-futures snapshot on Oct. 15, while Dogecoin led open-interest growth and Bitcoin had the largest total. At 7 p.m. ET (23:00 UTC), XRP and Dogecoin each had a funding rate of 0.0100% every eight hours, equivalent to 10.9% annualized. All five assets had positive rates, meaning traders with long positions paid those with short positions. Long accounts outnumbered short accounts for each asset. The leaders shifted from the Oct. 9 snapshot, when Solana had the highest funding rate , at the same 0.0100% level. Bitcoin (BTC) had a mark price of $82,362 and a funding rate of 0.0060% every eight hours, or 6.6% annualized.

BeCrypto News shows a short excerpt and links to the publisher. The full report belongs to TokenPost.