Analyst: Binance XRP cumulative funding rate hits one-year high

On November 10, according to CryptoQuant analyst Darkfost, the 30-day cumulative funding rate for the Binance XRP perpetual contract rose to its highest level in over a year, reaching a positive 0.18%. The last time it reached a similar level was in October 2025.

Darkfost noted that XRP has pulled back approximately 30%, yet XRP derivative positions on Binance remain skewed bullish; meanwhile, the spot XRP ETF experienced a single-day net outflow equivalent to 9.37 million XRP, worth approximately $10.4 million. He believes that the cumulative funding rate and ETF fund flows are worth referencing when determining potential entry timing.