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Bitcoin funding rate hits 9.2% annualized as op...

Reported by Pluang
Oct 12, 2026· 2 min read
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Key Takeaways
  • • Bitcoin's perpetual futures funding rate reached 9.2% annualized, while open interest slipped slightly to $7.67 billion, indicating mixed positioning in crypto derivatives.
  • • Ether showed the strongest long bias, with 74.4% of positions long and a 3.3% annualized funding rate.
  • • Solana, XRP and Dogecoin also saw open interest declines, with varied funding rates across the altcoin complex.
  • • On Pluang, Bitcoin traded at Rp1.468.133.828, down 1.79% as of Oct 13, 2026 06:21 WIB; Solana and XRP each fell more than 4%, and Dogecoin dropped 3.68%.
Summary
Bitcoin's funding rate on perpetual futures reached 9.2% annualized, according to the source article, while open interest edged lower to $7.67 billion. The combination points to mixed market positioning rather than a decisive directional bet among derivatives traders. Funding rates are periodic payments between long and short holders; a positive annualized rate indicates longs are paying shorts to maintain their positions, which generally reflects net demand for leveraged long exposure.

Ether displayed the strongest long bias among the assets referenced, with 74.4% of positions long and an annualized funding rate of 3.3%. Solana, XRP and Dogecoin also recorded declines in open interest, with funding rates varying across the group. The source characterizes these shifts as reflecting cautious investor sentiment and the potential for near-term volatility.

Spot prices on Pluang were weaker across the board. Bitcoin traded at Rp1.468.133.828, down 1.79% as of Oct 13, 2026 at 06:21 WIB. Solana was priced at Rp1.902.536 and XRP at Rp24.097, both down more than 4%, while Dogecoin fell 3.68% to Rp1.490. The source frames this as broad weakness in major altcoins, occurring alongside Bitcoin's mixed funding signals.

The article's related coverage places the current derivatives picture in a wider context of recent market dynamics, including Bitcoin trading in the low-to-mid $80,000 range in prior reports and a cooling in sentiment from extreme greed to neutral levels. Those references are drawn from other stories and are presented here only as background for the positioning data above.

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Sources

1 outlet

AlphaMaven summarised this story from the reporting below. Each link opens the original article.

Pluang Bitcoin funding rate hits 9.2% annualized as op...