Bitcoin Leads Five-Asset Open Interest Snapshot at $7.63 Billion

Bitcoin (BTC) had the largest open-interest total among five major crypto perpetual-futures markets at 6 a.m. ET Sunday, while Ether (ETH) was the only asset with negative funding. Bitcoin open interest stood at $7.63 billion, up 1.34% over 24 hours. Its mark price was $78,000, and long accounts represented 70.5% of the market, compared with 29.5% short. Funding was 0.0100% every eight hours, equivalent to 10.9% annualized. Open interest reflects the value of futures positions that traders have not closed. It increased over the prior 24 hours for all five assets in the snapshot.