How we can help?

What are BAL and ABAL stands for?

BAL stands for your current balance, and ABAL stands for Available Balance. This is the funds that are available for placing orders and withdrawing funds (BAL – Order Margin).

Platform Definitions

Bid price — represents the maximum price a trader is willing to pay to buy a share of stock or other security Ask price — represents the minimum price a trader is willing to take for selling a share of stock or other security Position — the amount of contracts is owned by the trader. There are two types of position: Long — trader purchased X future contracts on the buy side, i.e. obligating the trader to buy X units of the underlying asset upon the settlement of the contracts Short — trader...

Funding Process

Funding Rate — Funding consists of regular payments between buyers and sellers, according to the current funding rate. When the funding rate is above zero (positive), traders that are long (contract buyers) have to pay the ones that are short (contract sellers). In contrast, negative funding rates mean that short positions pay longs. When a perpetual futures contract is trading higher than the spot markets, long positions have to pay shorts due to a positive funding rate. Such a situation is exp...

Matched orders

All details about contracts from position are displayed in Matched orders table. Trader’s position may consist of a different number of contracts with different price. In our case the Position Panel on the trading page displays aggregated position data. Where: Entry Price = (q1 * Entry Price1+q2 Entry Price2+ ...) / (q1+q2+ ... ) So Entry Price in the Open Position table is the weighted average of Entry prices of contracts from Matched orders table. Actually, all contracts have a different ...

Margins

Margin is the amount required in order to enter a position. With leverage, traders are able to open a position by using only a fraction of the margin that they would otherwise need without leverage. The higher the leverage amount a trader uses, the lower the margin requirements. Initial margin — Initial margin is the minimum amount of collateral you must hold to keep trading positions open. Initial Margin =Paid PriceTick Index= (Entry Price /Leverage)Tick Index Maintenance Margin — it is 50% ...

Profits and Losses

PnL (Profits and Losses) — PnL stands for profit and loss, and it can be either unrealized or realized: Unrealized — When you have open positions on a perpetual futures market, your PnL is unrealized, meaning it’s still changing in response to market moves. If the position of the trader is long: UnPNL = (Last Traded Price - Entry price) *q / Tick Index If the position of the trader is short: UnPNL = (Entry price - Last Traded Price)*q / Tick Index Where the q = quantity of contracts in po...