# Bitcoin Funding Rate Reaches 9.2% Annualized as Ether Longs Hit 74.4% By Enna Lee Canonical URL: https://www.tokenpost.com/news/investing/30624 Published: 2026-10-12T23:05:57.000Z Updated: 2026-10-12T23:05:57.000Z Section: Investing > Bitcoin open interest fell 0.67% to $7.67 billion, while Ether open interest dropped 4.28% to $5.58 billion in the Oct. 12 snapshot. Bitcoin (BTC) funding reached a 9.2% annualized rate as open interest declined across five major crypto assets in a snapshot taken at 7:04 p.m. ET Oct. 12 (23:04 UTC), showing mixed positioning across leading crypto assets. Bitcoin’s funding rate was 0.0084% every eight hours, while open interest fell 0.67% over 24 hours to $7.67 billion. Long accounts represented 59.5% of the market, compared with 40.5% for short accounts. Bitcoin’s mark price was $82,122. A positive rate transfers periodic payments from long-account holders to short-account holders. The latest figures extend the broader derivatives positioning changes described in [earlier five-asset market coverage](), while showing a higher Bitcoin funding rate in the latest snapshot. Ether (ETH) recorded the strongest long-account imbalance among the five assets. Long accounts made up 74.4% of the market, compared with 25.6% for short accounts. Ether’s funding rate was 0.0030% every eight hours, or 3.3% annualized, while open interest declined 4.28% to $5.58 billion. Its mark price was $2,464. Solana (SOL) funding stood at 0.0029% every eight hours, equivalent to 3.2% annualized. Long accounts represented 70.3% of the market, while short accounts made up 29.7%. Open interest fell 2.34% to $915.3 million, and Solana’s mark price was $106.29. XRP funding was negative at -0.0056% every eight hours, or -6.1% annualized. Long accounts still represented 70.2% of the market, compared with 29.8% for short accounts. Open interest declined 2.22% to $403.2 million, and XRP’s mark price was $1.35. Dogecoin (DOGE) posted a funding rate of -0.0021% every eight hours, equivalent to -2.4% annualized. Long accounts stood at 71%, against 29% for short accounts. Open interest fell 6.90% to $215.9 million, the largest decline among the five assets, while Dogecoin’s mark price was $0.0831. ## Links in this article - [earlier five-asset market coverage](https://www.tokenpost.com/news/investing/28883)