A few things to remember about mark price:
1) Conditional orders can be triggered by either the last price or the mark price. These two trigger methods may produce different results during sharp volatility.
2) The mark price is the price the platform uses to calculate unrealized P&L and determine liquidations.
3) To see how close you are to liquidation, compare the mark price with the liquidation price—don't look only at the last price.
Back to the chart: $BTC Current price 82184.7, 24h +1.15%.
#BTC
1) Conditional orders can be triggered by either the last price or the mark price. These two trigger methods may produce different results during sharp volatility.
2) The mark price is the price the platform uses to calculate unrealized P&L and determine liquidations.
3) To see how close you are to liquidation, compare the mark price with the liquidation price—don't look only at the last price.
Back to the chart: $BTC Current price 82184.7, 24h +1.15%.
#BTC