Bitcoin Leads Five-Asset Open Interest Snapshot at $7.63 Billion

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Bitcoin (BTC) had the largest open-interest total among five major crypto perpetual-futures markets at 6 a.m. ET Sunday, while Ether (ETH) was the only asset with negative funding. Bitcoin open interest stood at $7.63 billion, up 1.34% over 24 hours. Its mark price was $78,000, and long accounts represented 70.5% of the market, compared with 29.5% short. Funding was 0.0100% every eight hours, equivalent to 10.9% annualized. Open interest reflects the value of futures positions that traders have not closed. It increased over the prior 24 hours for all five assets in the snapshot. Long accounts represented at least 70.5% in each market, with the share ranging from 70.5% for Bitcoin to 76.5% for Solana (SOL).
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