Bitcoin Leads Five Perpetual-Futures Markets With $7.23 Billion in Open Interest

At 6:05 p.m. ET Thursday, Bitcoin (BTC) had the largest open-interest balance among five crypto perpetual-futures markets, at $7.23 billion, up 0.94% over 24 hours.

BTC’s funding rate was 0.0100% every eight hours, tying Solana (SOL) and XRP for the group’s highest reading. When funding is positive, long-side traders pay funding to short-side traders. Open interest tracks the dollar value of derivatives positions that remain active.

BTC accounts showed a 76.1% long share and a 23.8% short share. A previous five-asset derivatives snapshot covered the same market measures.

Ether (ETH) had $4.70 billion in open interest, a $2,017 mark price and a 0.14% increase over 24 hours. Its funding rate was 0.0087% every eight hours; long accounts represented 77.8%, compared with 22.2% short.

Solana’s open interest was $786.7 million, down 1.00% over 24 hours, with a mark price of $81.56. Its funding rate was 0.0100%; 77.9% of accounts were long and 22.1% short.

XRP had a $1.04 mark price and $317.5 million in open interest, down 0.59% over 24 hours. Its funding rate was 0.0100%, with a 75.5% long share and a 24.5% short share.

Dogecoin (DOGE) had a $0.0664 mark price and $161.1 million in open interest, down 0.84% over 24 hours. Its funding rate was 0.0096%; long accounts made up 71.6% and short accounts 28.4%. Every market posted positive funding, and long accounts outnumbered short accounts in each.