Why are the two prices on the contract screen always different? Which one should I watch?
The mark price is the price the exchange uses to calculate unrealized P&L and determine liquidations.
Key point: When setting a stop-loss, think carefully about which price should trigger it. The last price is more sensitive, while the mark price is less likely to trigger accidentally due to a price spike.
Back to the chart: $BTC is at 80598.59 (24h +5.13%).
Leverage magnifies gains and losses, not the accuracy of your decisions. The higher the leverage, the less room you have for mistakes.
The mark price is the price the exchange uses to calculate unrealized P&L and determine liquidations.
Key point: When setting a stop-loss, think carefully about which price should trigger it. The last price is more sensitive, while the mark price is less likely to trigger accidentally due to a price spike.
Back to the chart: $BTC is at 80598.59 (24h +5.13%).
Leverage magnifies gains and losses, not the accuracy of your decisions. The higher the leverage, the less room you have for mistakes.