# Solana Leads Five-Coin Futures Markets With an 8.72% Open-Interest Drop

By Enna Lee

Canonical URL: https://www.tokenpost.com/news/investing/57067
Published: 2026-11-13T23:05:49.000Z
Updated: 2026-11-13T23:05:49.000Z
Section: Investing

> Dogecoin had the highest funding rate at 0.0081% per eight hours. Open interest declined for all five assets in the snapshot.

Solana (SOL) had the steepest 24-hour open-interest decline among five crypto perpetual-futures markets in a Nov. 13 snapshot, while Dogecoin (DOGE) posted the highest funding rate. Open interest fell for all five assets, but every funding rate remained positive.

At 6:02 p.m. ET, SOL open interest stood at $718.0 million, down 8.72% over 24 hours. Open interest measures the dollar value of derivatives positions that remain open, so the reading tracks the value of outstanding positions rather than trading volume.

Positive funding means traders holding long positions pay those holding short positions. DOGE’s rate was 0.0081% per eight hours, or 8.8% annualized. SOL’s was 0.0075%, or 8.2% annualized; Bitcoin’s (BTC) was 0.0069%, or 7.6%; XRP’s was 0.0059%, or 6.5%; and Ether’s (ETH) was 0.0022%, or 2.4%.

BTC had the largest open-interest balance, at $6.71 billion, down 7.35% over 24 hours. Its mark price was $68,223. Long accounts represented 75.9% of the total, compared with 24.1% for short accounts.

ETH open interest was $4.45 billion, down 5.16%, with a mark price of $1,925. Long accounts made up 79.0%, while short accounts made up 21.0%.

SOL’s mark price was $77.70. Long accounts were 77.5% of the total and short accounts were 22.5%. XRP was marked at $1.01, with $295.6 million in open interest, down 6.89%; long accounts made up 75.3%, and short accounts 24.7%.

DOGE’s mark price was $0.0641, and its open interest was $153.4 million, down 5.10%. Long accounts represented 71.4%, compared with 28.6% for short accounts. An [earlier five-market open-interest snapshot](<https://www.tokenpost.com/news/investing/56074>) put BTC open interest at $7.23 billion.



## Links in this article

- [earlier five-market open-interest snapshot](https://www.tokenpost.com/news/investing/56074)
