Why is liquidation based on the mark price?
Liquidation is based on the mark price. If the latest traded price briefly spikes or dips, but the mark price hasn’t reached the liquidation price, your position generally won’t be liquidated.
The mark price and the latest price are usually very close. They may diverge significantly when the market moves sharply, so use the mark price to estimate your distance from liquidation.
Back to the chart: $BTC current price 82313.87, 24h +1.59%.
Liquidation is based on the mark price. If the latest traded price briefly spikes or dips, but the mark price hasn’t reached the liquidation price, your position generally won’t be liquidated.
The mark price and the latest price are usually very close. They may diverge significantly when the market moves sharply, so use the mark price to estimate your distance from liquidation.
Back to the chart: $BTC current price 82313.87, 24h +1.59%.