$HIVE A negative funding rate only means that the contract price is lower than the spot price, not a reason to short the top. The Hive contract is more than 10% lower than the spot price, but the funding rate rule is that it can only fluctuate by ±2%, which is -2%. Otherwise, a funding rate of -10% is exciting. (According to this discount spread, the funding rate will still be -2% at 8 pm if nothing unexpected happens, so be careful in advance.)