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XRP and Dogecoin (DOGE) Tie at 0.0100% Funding Rate on Oct. 15

The tied rates equaled 10.9% on an annualized basis. Dogecoin had the largest 24-hour open-interest gain, while Bitcoin had the highest total.

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A commuter checks a phone on a rain-darkened sidewalk in Seoul, South Korea. (AI-generated image / EconoTimes)
A commuter checks a phone on a rain-darkened sidewalk in Seoul, South Korea. (AI-generated image / EconoTimes)

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XRP and Dogecoin (DOGE) shared the top funding rate in five perpetual-futures markets at 7 p.m. ET (23:00 UTC) Oct. 15, as Dogecoin's open interest grew fastest.

At the observation time, each rate was 0.0100% for an eight-hour period, or 10.9% on an annualized basis. Positive rates meant long-position holders paid short-position holders. In each market, long accounts were more numerous than short ones.

At $82,362, Bitcoin (BTC)'s mark price accompanied an eight-hour funding rate of 0.0060%, or 6.6% annualized. Over the prior 24 hours, open interest expanded 2.48% to $7.79 billion, the largest position total in the group. The long-account share was 60.1%, against 40.0% short.

The Ether (ETH) mark price was $2,453, and its eight-hour funding rate stood at 0.0087% (9.6% annualized). Open interest contracted 2.98% to $5.55 billion. Long accounts made up 72.9% of the split and short accounts 27.2%.

Solana (SOL) was marked at $105.68; its funding charge was 0.0053% per eight hours, translating to 5.8% annually. Open interest added 3.51%, ending at $962.5 million. Its account mix was 70.5% long and 29.5% short.

XRP's mark price stood at $1.34. Open interest was down 2.26% at $395.7 million, with accounts split 72.9% long to 27.1% short.

Dogecoin's mark price was $0.0813. Across the 24 hours, open interest advanced 4.94% to $219.1 million, the strongest gain in the group. Its account mix was 71.3% long and 28.7% short.

By measure, no single asset led across the board: XRP and DOGE shared the funding-rate peak, Dogecoin had the largest 24-hour open-interest increase, and Bitcoin recorded the biggest open-interest total.

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