Dogecoin Leads Five-Asset Snapshot With 9.3% Annualized Funding
Photo: TokenPost
Dogecoin (DOGE) had the highest positive funding rate among five major crypto assets in an Oct. 18 perpetual-futures snapshot, while XRP led the group in 24-hour open-interest growth. At 7 p.m. ET (23:00 UTC), DOGE's rate was 0.0085% per eight hours, or 9.3% annualized. Ether (ETH) was at 0.0049% per period, or 5.4% annualized, followed by Bitcoin (BTC) at 0.0031%, or 3.4% annualized. In perpetual futures, traders with long positions pay those with short positions when funding is positive; when it is negative, payment goes the other way. Solana (SOL) registered a negative rate of 0.0014% per eight hours.
Source: TokenPost
