# XRP Leads at 8.9% Annualized Funding as Dogecoin Open Interest Climbs 8.49% By Enna Lee Canonical URL: https://www.tokenpost.com/news/investing/33438 Published: 2026-10-16T19:24:19.000Z Updated: 2026-10-16T19:24:19.000Z Section: Investing > Funding stayed positive across Bitcoin, Ether, Solana, XRP and Dogecoin, with long accounts exceeding short accounts in every market. XRP had the highest funding rate among five crypto markets in an Oct. 16 perpetual-futures snapshot, while Dogecoin recorded the largest 24-hour increase in open interest. At 7 a.m. ET (11:00 UTC), XRP’s rate was 0.0082% per eight-hour period, equivalent to 8.9% annualized. Dogecoin open interest rose 8.49% to $216.5 million. All five assets had positive funding rates, meaning traders with long positions paid those holding short positions. Long accounts were the majority in every market. The previous [five-asset snapshot]() had XRP and Dogecoin tied at 10.9% annualized. In the Oct. 16 reading, XRP led at 8.9%. Bitcoin (BTC) had a mark price of $82,183 and a funding rate of 0.0036% per eight hours, or 3.9% annualized. Open interest reached $7.76 billion, up 3.73% over 24 hours. Long accounts made up 61.1%, while short accounts were 38.9%. Ether (ETH) had a $2,464 mark price and a 0.0055% funding rate per eight hours, equivalent to 6.1% annualized. Open interest totaled $5.56 billion, up 1.21%. Long accounts represented 71.6%, compared with 28.4% short. Solana (SOL) had a mark price of $106.68. Its funding rate was 0.0060% per eight hours, or 6.6% annualized, and open interest reached $966 million, up 3.49%. Long accounts were 70.4% of the total; short accounts were 29.6%. XRP’s mark price was $1.34, and its open interest increased 0.58% to $398.5 million. Long accounts accounted for 72.9%, against 27.1% short. Dogecoin (DOGE) had a mark price of $0.0822 and a funding rate of 0.0056% per eight hours, or 6.1% annualized. Its accounts were 71.3% long and 28.7% short. Open interest measures the value of outstanding derivatives contracts. ## Links in this article - [five-asset snapshot](https://www.tokenpost.com/news/investing/33115)