|
Type |
Function |
Calculation |
|
Last Trade Price |
Display the latest traded price of the order book on a real-time basis |
The latest traded price of the order book on a real-time basis |
|
Index Price |
Reflect the fail last traded price of cryptocurrency calculated with reference to its USD or USDT price on multiple exchanges |
Last traded prices of three of more major exchange as the weighted index constituents for each cryptocurrency; measures introduced to handle abnormal situations and control fluctuation within a normal range |
|
Marking Price (Reasonable price) |
To avoid unnecessarily forced liquidation of high-leverage products. Without this system, the marking price may deviate unnecessarily from the price index due to manipulated market or lack of liquidity, thus leading to unnecessarily forced liquidation.
|
Marking price(Reasonable price) = index-based price * (1 + basis rate of funding cost)
|
For BitMart perpetual swap, its reasonable marking price is the index-based price with reference to the price of the global spot market plus the funding cost basis that decreases over time.
ATTENTION: Cryptocurrency investment is subject to high market risk. Please make your investments cautiously. This is not investment advice, or an endorsement by BitMart as to the intrinsic value of a digital asset, or a commitment by BitMart team to support any specific asset/token that the announcement pertains to.
