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XRP leads with highest positive funding rate despite sharp drop in open interest on Nov 10.

11 Nov 2026, 23:00 WIB
Tokenpost
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Neutral
XRP leads with highest positive funding rate despite sharp drop in open interest on Nov 10.

On November 10, XRP posted the highest positive funding rate among five major crypto perpetual futures, at 0.0095% every eight hours (10.4% annualized), even as its open interest fell sharply by 6.73% to $328.5 million. This indicates traders holding long positions pay those with shorts. Bitcoin and Solana also had positive funding rates, while Ether and Dogecoin showed negative rates. Bitcoin's open interest was the only one to rise, increasing slightly to $7.36 billion. These funding rates reflect market sentiment and trader positioning, which can influence future price movements and trading strategies.

XRP trades at Rp19,266 on Pluang, up 0.24% as of Nov 12, 2026 04:22 WIB, with 97% of orders buying and a typical hold time of 73 days. Bitcoin is priced at Rp1,349,021,773, rising 0.80%, while Solana gains 1.58% to Rp1,533,772. XRP's market cap stands at Rp1.225 trillion, showing steady investor interest despite the futures open interest drop noted in the news.

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