The traded price clearly went past the liquidation price, so why wasn’t the position liquidated?
Definition: The mark price is generally based on price indexes from multiple spot platforms, and calculated using data such as the basis and funding rate.
Why: Liquidations aren’t calculated using the latest price to prevent momentarily distorted prices in a single market from triggering unjustified cascades of liquidations.
Coin in the example: $BTC is quoted at 77429.83 (24h -0.49%).
Every potential gain comes with risk. Make sure you understand how much you could lose in the worst case.
Definition: The mark price is generally based on price indexes from multiple spot platforms, and calculated using data such as the basis and funding rate.
Why: Liquidations aren’t calculated using the latest price to prevent momentarily distorted prices in a single market from triggering unjustified cascades of liquidations.
Coin in the example: $BTC is quoted at 77429.83 (24h -0.49%).
Every potential gain comes with risk. Make sure you understand how much you could lose in the worst case.
