# Ether Long Accounts Reach 76% as Bitcoin Open Interest Rises 0.47% By Enna Lee Canonical URL: https://www.tokenpost.com/news/investing/35831 Published: 2026-10-20T17:51:07.000Z Updated: 2026-10-20T17:51:07.000Z Section: Investing > Solana had the highest eight-hour funding rate in the Oct. 20 snapshot, and funding was positive for all five assets. Ether had the most one-sided account positioning in an Oct. 20 snapshot of five major crypto perpetual-futures markets, while Bitcoin open interest rose 0.47% to $7.78 billion. The reading was taken at 7:03 a.m. ET (11:03 UTC). Funding rates were positive for all five assets. Funding is a periodic payment between traders with opposing positions in perpetual futures; when the rate is positive, traders holding long positions pay those holding short positions. Open interest measures the value of outstanding derivatives contracts. Bitcoin open interest increased 0.47% over 24 hours to $7.78 billion. Its funding rate was 0.0021% every eight hours, or 2.3% annualized, and its mark price was $81,548. Long accounts represented 64.3%, compared with 35.6% for short accounts. The [Oct. 18 snapshot]() put Bitcoin open interest at $7.76 billion and its long-account share at 62.5%. Ether’s funding rate was 0.0005% every eight hours, or 0.5% annualized. Open interest slipped 0.21% over 24 hours to $5.53 billion, and its mark price was $2,387. Long accounts made up 76% of the total, against 24% short, the highest long-account share in the group. Solana had the highest funding rate, at 0.0047% every eight hours, equivalent to 5.1% annualized. Its open interest fell 1.61% to $921.3 million, the steepest percentage decline among the five assets. The mark price was $104.30, and long accounts represented 71.3%, compared with 28.7% short. XRP open interest declined 0.80% to $412 million. Its funding rate was 0.0005% every eight hours, or 0.6% annualized, and its mark price was $1.29. Long accounts accounted for 72.8%, while short accounts made up 27.2%. Dogecoin (DOGE) recorded the largest percentage increase in open interest, up 2.63% to $216.3 million. Its funding rate was 0.0022% every eight hours, or 2.4% annualized. At a mark price of $0.0791, 71.9% of accounts were long and 28.1% were short. Long accounts outnumbered short accounts in every market, with their share ranging from 64.3% for Bitcoin to 76% for Ether. Open interest rose for Bitcoin and Dogecoin but fell for Ether, Solana and XRP. The readings show a mix of changes across the five markets, with Solana leading funding and Ether leading the long-account share. ## Links in this article - [Oct. 18 snapshot](https://www.tokenpost.com/news/investing/34328)