Knowledge Notes | Mark Price
① Stop-loss orders can be set to trigger based on either the latest price or the mark price. The results may differ during periods of extreme volatility.
② The mark price is the reference price the exchange uses to calculate unrealized profit and loss and determine liquidations.
③ When setting a stop-loss, consider which price to use as the trigger: the latest price is more sensitive, while the mark price is less likely to be triggered by a sudden price fluctuation.
$BTC 77272.01（-1.5%）
① Stop-loss orders can be set to trigger based on either the latest price or the mark price. The results may differ during periods of extreme volatility.
② The mark price is the reference price the exchange uses to calculate unrealized profit and loss and determine liquidations.
③ When setting a stop-loss, consider which price to use as the trigger: the latest price is more sensitive, while the mark price is less likely to be triggered by a sudden price fluctuation.
$BTC 77272.01（-1.5%）
