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Analyst: Binance XRP Cumulative Funding Rate Hits One-Year High

2026-11-10 15:30

TechFlow reported on November 10 that, according to analysis by CryptoQuant analyst Darkfost, the 30-day cumulative value of Binance XRP perpetual contract funding rates rose to its highest level in more than a year, reaching positive 0.18%. A similar level was last reached in October 2025.

Darkfost said XRP has pulled back by about 30%, but XRP derivatives positions on Binance remain skewed bullish; meanwhile, the spot XRP ETF recorded a single-day net outflow equivalent to 9.37 million XRP, worth about $10.4 million. He believes the cumulative funding rate and ETF fund flows are worth referencing when assessing potential entry timing.

Source: TechFlow