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XRP leads crypto futures with highest funding rate as open interest drops across major coins

Technical Signals
24 Oct 2026
Tokenpost
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Neutral
XRP leads crypto futures with highest funding rate as open interest drops across major coins

On October 23, XRP recorded the highest funding rate among five major crypto perpetual futures markets at 0.0100% every eight hours, or 10.9% annualized, with a mark price of $1.29. Despite this, open interest declined by 3.33% to $401.6 million, reflecting a broad decrease in outstanding positions across all five coins including Bitcoin, Ether, Solana, and Dogecoin. Positive funding rates indicate that traders holding long positions pay those holding short positions, signaling bullish sentiment but reduced overall market activity. This snapshot highlights shifting dynamics in crypto derivatives as investors adjust their positions amid market fluctuations.

Following XRP's notable funding rate, on Pluang as of Oct 24, 2026 20:31 WIB, XRP trades at Rp23,178, down 2.47% in one day, with a market cap of Rp1.468,21 trillion. Bitcoin also shows a slight decline of 1.18%, priced at Rp1.458.445.741, while Solana and Dogecoin are down 2.71% and 3.11%, respectively. These figures highlight ongoing market adjustments in major cryptocurrencies amid changing trader positions.

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