XRP Leads Oct. 24 Futures Snapshot With 10.9% Annualized Funding
Photo: TokenPost
XRP had the highest funding rate among five major crypto assets in a Saturday evening perpetual-futures snapshot, while Bitcoin open interest rose 3.08% in 24 hours to $7.71 billion. The snapshot was taken at 7:06 p.m. ET (23:06 UTC) Oct. 24. XRP's rate was 0.0100% every eight hours, equivalent to 10.9% annualized. Bitcoin (BTC) ranked second at 0.0083% every eight hours, or 9.1% annualized. At positive rates, traders holding long positions make periodic payments to traders holding short positions. Bitcoin's mark price was $80,581.
Source: TokenPost
