Let’s talk about mark price.
The latest traded price is the price of the most recent trade for this contract. A large order can cause a brief spike in an instant.
Honestly, I hadn’t noticed this next point before: when estimating liquidation distance, compare the mark price with the liquidation price—don’t look only at the latest price.
For reference, the market shows: $BTC current price 69414.2 (24h -5.02%).
Keep enough margin in your contract position so a sudden price swing doesn’t wipe it out.
The latest traded price is the price of the most recent trade for this contract. A large order can cause a brief spike in an instant.
Honestly, I hadn’t noticed this next point before: when estimating liquidation distance, compare the mark price with the liquidation price—don’t look only at the latest price.
For reference, the market shows: $BTC current price 69414.2 (24h -5.02%).
Keep enough margin in your contract position so a sudden price swing doesn’t wipe it out.
