The most expensive thing in this space has never been fees—it’s the cost of not understanding the rules.
Today’s topic: Mark Price
Mark price is the price the platform uses to calculate unrealized P&L and trigger liquidations.
When setting a stop-loss, think carefully about which price should trigger it: Last Price is more responsive, while Mark Price is less likely to trigger accidentally due to a sudden wick.
For a real-time reference: $BTC Current price 69255.1 (24h -5.05%).