XRP Leads Five-Asset Funding Snapshot at 0.0100% While Bitcoin Posts -0.0007%

XRP recorded the highest funding rate among five crypto assets in a Nov. 7 snapshot at 0.0100% every eight hours, while Bitcoin was the only one with a negative reading at -0.0007%. The snapshot, taken at 6:01 a.m. ET (11:01 UTC), put XRP's mark price at $1.17 and open interest at $391.2 million, down 1.23% over 24 hours. The rate was equivalent to 10.9% annualized. Long accounts made up 73.8% of the account split, compared with 26.2% short. Bitcoin (BTC) had a mark price of $75,954 and open interest of $7.29 billion, up 0.38% over 24 hours.