# Ether Turns Negative as Four Other Assets Keep Positive Funding By Enna Lee Canonical URL: https://www.tokenpost.com/news/investing/39492 Published: 2026-10-24T01:07:31.000Z Updated: 2026-10-24T01:07:31.000Z Section: Investing > XRP led the group at 10.9% annualized, while long accounts outnumbered short accounts across all five assets. Ether was the only one of five major crypto assets with a negative perpetual-futures funding rate in an Oct. 23 snapshot, after all five had positive rates in the [Oct. 21 reading](). Ether’s rate was -0.0002% every eight hours, equivalent to -0.3% annualized. Funding is a periodic payment between traders holding opposing positions in perpetual futures; a negative rate means short-position holders pay those holding long positions. XRP had the group’s highest funding rate at 0.0100% every eight hours, or 10.9% annualized. Its open interest was $413.8 million, down 1.98% over 24 hours. Long accounts made up 76.4% of the total, compared with 23.6% for short accounts. Bitcoin (BTC) had the largest open interest, at $7.75 billion, up 1.66% over 24 hours. Its funding rate was 0.0062% every eight hours, or 6.8% annualized, and its mark price was $81,604. Long accounts represented 68.6%, while short accounts represented 31.4%. Ether (ETH) had a mark price of $2,394 and open interest of $5.61 billion, up 1.47% over 24 hours. Despite its negative funding rate, long accounts made up 77.3% of Ether accounts, against 22.7% short. Solana (SOL) funding was 0.0077% every eight hours, or 8.4% annualized. Its mark price was $103.88, and open interest was $883.9 million, down 0.13%. Long accounts represented 74.5%, compared with 25.5% short. Dogecoin (DOGE) had a funding rate of 0.0072% every eight hours, or 7.8% annualized, and a mark price of $0.0798. Open interest was $219 million, down 1.16% over 24 hours. Long accounts made up 73%, while short accounts made up 27%. Open interest measures the dollar value of derivatives contracts that remain active. It rose for Bitcoin and Ether and fell for XRP, Solana and Dogecoin in the 24-hour period. ## Links in this article - [Oct. 21 reading](https://www.tokenpost.com/news/investing/37821)