The two prices on the contract interface are always different. Which one should I look at?
First, the definitions: Stop-loss orders can be set to trigger based on either the latest price or the mark price. The two settings may behave differently during sharp market fluctuations.
Why it works this way: Liquidation is not triggered directly by the latest price, to avoid unnecessary liquidations caused by a price distortion in a single market at a particular moment.
Looking at the market: $BTC reports 83072.24 (24h +0.52%).
Verify information from multiple sources before deciding. Don’t just take one person’s word for it.
#BTC
First, the definitions: Stop-loss orders can be set to trigger based on either the latest price or the mark price. The two settings may behave differently during sharp market fluctuations.
Why it works this way: Liquidation is not triggered directly by the latest price, to avoid unnecessary liquidations caused by a price distortion in a single market at a particular moment.
Looking at the market: $BTC reports 83072.24 (24h +0.52%).
Verify information from multiple sources before deciding. Don’t just take one person’s word for it.
#BTC