# XRP Open Interest Falls 12.69% as Funding Reaches 10.9% By Enna Lee Canonical URL: https://www.tokenpost.com/news/investing/51350 Published: 2026-11-08T04:32:46.000Z Updated: 2026-11-08T04:32:46.000Z Section: Investing > XRP’s open interest stood at $396.1 million in the Nov. 6 snapshot. All five tracked assets had positive funding and lower open interest over 24 hours. XRP recorded the steepest 24-hour open-interest decline among five crypto markets in the Nov. 6 snapshot, while its annualized funding rate led the group at 10.9%. At 6:01 a.m. ET on Nov. 6, XRP’s mark price was $1.19 and open interest totaled $396.1 million, down 12.69% over 24 hours. Long accounts made up 75.3%, compared with 24.7% short. Its funding rate was 0.0100% every eight hours. Funding was positive for all five assets, meaning traders with long positions paid those with short positions. Open interest tracks the value of derivatives contracts still outstanding; it declined across all five markets over the 24-hour period. Bitcoin (BTC) had the largest open-interest total, at $7.25 billion, after a 5.94% decline. Its mark price was $76,000, and funding was 0.0049% every eight hours, or 5.4% annualized. Long accounts represented 76.0% of the total. Ether (ETH) had a $2,234 mark price and $5.28 billion in open interest, down 7.90%. Its funding rate was 0.0041% every eight hours, or 4.5% annualized. Long accounts made up 80.0%, the largest share in the group. Solana (SOL) had an $89.92 mark price and $829.9 million in open interest, down 6.97%. Funding was 0.0006% every eight hours, or 0.7% annualized, and long accounts represented 78.3%. Dogecoin (DOGE) had a $0.0722 mark price and the smallest open-interest total, at $180.8 million, after a 7.62% decline. Its funding rate was 0.0030% every eight hours, or 3.3% annualized. Long accounts made up 72.7%. The snapshot updates an [earlier five-asset open-interest report]() that also recorded positive funding across the markets and XRP’s funding rate at 10.9% annualized. ## Links in this article - [earlier five-asset open-interest report](https://www.tokenpost.com/news/investing/40484)