How is the price of a Perpetual or Futures Contract determined?
Updated
We use a system called Fair Price Marking Method to determine the price at which Perpetual and Futures Contracts are marked. This method is crucial for:
Preventing unnecessary liquidations: By smoothing out temporary price fluctuations or manipulation attempts.
Calculating Unrealised PNL: Providing a more stable and accurate representation of your potential profits or losses.
Note that the Fair Price (or Mark Price) used for these calculations might differ from the Last Traded Price (the actual price at which contracts are bought and sold) and your Realised PNL is always based on your actual entry and exit prices (or settlement price for futures).
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