XRP Tops Five-Asset Funding Snapshot at 0.0100% as Open Interest Falls

XRP recorded the highest funding rate among five crypto perpetual-futures markets in an Oct. 23 snapshot, while open interest fell across all five over 24 hours, showing a broad decline in outstanding positions. At 7:06 p.m. ET Friday, Oct. 23, XRP’s mark price was $1.29, and its funding rate was 0.0100% every eight hours, or 10.9% annualized. Open interest fell 3.33% to $401.6 million. Long accounts made up 76.2%, compared with 23.8% short. The update follows an earlier five-coin funding snapshot .

Source: TokenPost