# Ether Open Interest Leads Five-Asset Decline With 9.27% Drop By Enna Lee Canonical URL: https://www.tokenpost.com/news/investing/50881 Published: 2026-11-07T14:40:41.000Z Updated: 2026-11-07T14:40:41.000Z Section: Investing > Bitcoin, Ether and XRP each had positive funding of 0.0100% every eight hours. Long accounts outnumbered short accounts across all five assets. Ether (ETH) open interest fell 9.27% to $5.20 billion in the 24 hours ending at 6:01 p.m. ET Nov. 5, the largest drop in a snapshot of five major crypto perpetual-futures markets. Open interest, the value of derivatives contracts that remain open, declined for Bitcoin (BTC), Ether, Solana (SOL), XRP and Dogecoin (DOGE). Bitcoin, Ether and XRP each had funding of 0.0100% every eight hours, equivalent to 10.9% annualized. At positive rates, traders with long positions pay those with short positions. Bitcoin had a $75,604 mark price and $7.19 billion in open interest, down 7.24% over 24 hours. Long accounts made up 74.8% of the total, compared with 25.2% short. Ether’s mark price was $2,227. Long accounts represented 79.1% of its market, while short accounts made up 20.9%. Solana had an $89.56 mark price and $810.9 million in open interest, down 9.03%. Its funding rate was -0.0021% every eight hours, or -2.3% annualized. Long accounts accounted for 77.5%, against 22.5% short. XRP’s mark price was $1.22, and its $426.2 million in open interest was down 5.19%. Long accounts represented 76.5%, compared with 23.5% short. Dogecoin had a $0.0714 mark price and $182.6 million in open interest, down 7.22%. Its funding rate was 0.0001% every eight hours, or 0.1% annualized. Long accounts made up 73.7%, against 26.3% short. The evening reading followed a [morning Nov. 5 snapshot](), which showed open interest up over 24 hours for Ether, Solana and XRP and down for Bitcoin. ## Links in this article - [morning Nov. 5 snapshot](https://www.tokenpost.com/news/investing/36278)