Research Readings Funding and positioning
Hourly change in open contracts
Also shown as Open interest change (1h)
The percentage change in the number of open derivative contracts over the preceding hour. A negative value means fewer contracts remained open; a positive value means more.
- Live monitoring
- Binance Futures only; depends on the full setup
- Observed
- measured over the trailing hour
- Unit
- Signed fraction (0.01 is 1%)
- Valid range
- -1 to 1,000
How to read it, with examples
How to read it
Uses contract counts, not their dollar value. Requires two recorded open-interest readings an hour apart.
Compare expanding or contracting positioning with price and reported liquidations.
What it does not prove
Every contract has a long and a short side. This total does not identify which side initiated an opening or closing trade.
Technical details
Registry definition
Signed fractional change in open interest measured in contracts over the trailing hour: the latest contract count divided by the count one hour earlier, minus one. -0.5 means half the open contracts were closed in the hour; +1 means open interest doubled. Contracts, not dollars, so a price move alone cannot manufacture a change. Absent without two open-interest reads an hour apart, and on days before raw open-interest polling exists in the record.
Field ID
feature.oi_contract_change_1h
Valid query operators
at least, at most, between
Window operators: lowest, highest, average, latest or change in, over a trailing window.
Editable query preset
Starting point only. Review and edit before running.
{
"schema_version": "research_query.v2",
"normalization_version": "archive_normalization.v1",
"feature_version": "feature_defs.v1",
"target": "record_occurrences",
"where": {
"all": [
[
"feature.oi_contract_change_1h",
"lte",
-0.2
],
[
"times.anchor_time",
"gte",
"2025-07-15T00:00:00.000Z"
]
]
},
"sort": [
"times.anchor_time",
"desc"
],
"page": {
"limit": 5,
"cursor": null
}
}The search reports how often the record held this condition and what followed. It does not decide whether an idea works.