The futures open position of a token serves as an indicator of the overall number of futures contracts it has, regardless of whether they have been closed or not. An increase in this position may suggest a growing number of market participants are initiating new positions. Alongside the rising open interest of HBAR, the funding rate on various cryptocurrency exchanges has consistently stayed positive. This pattern has persisted since May 3, the date when the altcoin previously experienced a negative funding rate. Funding rates play a crucial role in perpetual futures contracts by helping to maintain the contract price in alignment with the spot price.
