{"id":14061,"date":"2024-10-08T09:39:39","date_gmt":"2024-10-08T01:39:39","guid":{"rendered":"https:\/\/support.idax.exchange\/?post_type=docs&#038;p=14061"},"modified":"2025-01-16T17:29:09","modified_gmt":"2025-01-16T09:29:09","password":"","slug":"mark-price","status":"publish","type":"docs","link":"https:\/\/primary-tnng-production.up.railway.app\/mn\/docs\/mark-price\/","title":{"rendered":"Mark price"},"content":{"rendered":"<h4 class=\"w-full mx-auto decoration-primary\/6 max-w-3xl page-api-block:ml-0\"><strong class=\"font-bold\">What is a marked price?<\/strong><\/h4>\n<p class=\"w-full mx-auto decoration-primary\/6 max-w-3xl page-api-block:ml-0\">In order to improve the stability of the contract market and reduce unnecessary forced closing when the market is abnormally volatile, we use the marked price to calculate the user&#8217;s unrealized profit and loss and trigger a forced reduction.<\/p>\n<h4 class=\"w-full mx-auto decoration-primary\/6 max-w-3xl page-api-block:ml-0\"><strong class=\"font-bold\">Marked price algorithm<\/strong><\/h4>\n<p class=\"w-full mx-auto decoration-primary\/6 max-w-3xl page-api-block:ml-0\">Marked Price= Median number (latest price, reasonable price, moving average price)<\/p>\n<p class=\"w-full mx-auto decoration-primary\/6 max-w-3xl page-api-block:ml-0\">Meaning the following:<\/p>\n<p class=\"w-full mx-auto decoration-primary\/6 max-w-3xl page-api-block:ml-0\">Latest Price= The Exchange&#8217;s Median Price (Buy 1, Sell 1, Trade Price)<\/p>\n<p class=\"w-full mx-auto decoration-primary\/6 max-w-3xl page-api-block:ml-0\">Reasonable price= index price * (1 + capital rate of the previous period * (time between now and the next charge of funds \/ the interval between the collection of funds rate)<\/p>\n<p class=\"w-full mx-auto decoration-primary\/6 max-w-3xl page-api-block:ml-0\">Moving Average Price= Index Price + 60-Minute Moving Average (Spread)<\/p>\n<p class=\"w-full mx-auto decoration-primary\/6 max-w-3xl page-api-block:ml-0\">Spreads(n)= The exchange&#8217;s median price(n) &#8211; index price(n)<\/p>\n<p class=\"w-full mx-auto decoration-primary\/6 max-w-3xl page-api-block:ml-0\">EMA Spreads(n) = 2\/3 * Spreads(n) + 1\/3 * EMA Spreads(n-1)<\/p>\n<p class=\"w-full mx-auto decoration-primary\/6 max-w-3xl page-api-block:ml-0\">The marked price takes into account both the spot index price and the moving average of the base deviation. The moving average mechanism smoothly filters contract price fluctuations over a short period of time, reducing unnecessary forced closings due to abnormal fluctuations.<\/p>","protected":false},"excerpt":{"rendered":"<p>What is a marked price? In order to improve the stability of the contract market and reduce unnecessary forced closing when the market is abnormally volatile, we use the marked price to calculate the user&#8217;s unrealized profit and loss and trigger a forced reduction. Marked price algorithm Marked Price= Median number (latest price, reasonable price, [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","template":"","meta":{"footnotes":""},"doc_category":[102],"doc_tag":[],"class_list":["post-14061","docs","type-docs","status-publish","hentry","doc_category-fee"],"year_month":"2026-04","word_count":168,"total_views":0,"reactions":{"happy":0,"normal":0,"sad":0},"author_info":{"name":"idax","author_nicename":"user","author_url":"https:\/\/primary-tnng-production.up.railway.app\/mn\/author\/user\/"},"doc_category_info":[{"term_name":"Trading &amp; Fees","term_url":"https:\/\/primary-tnng-production.up.railway.app\/mn\/docs-category\/fee\/"}],"doc_tag_info":[],"_links":{"self":[{"href":"https:\/\/primary-tnng-production.up.railway.app\/mn\/wp-json\/wp\/v2\/docs\/14061","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/primary-tnng-production.up.railway.app\/mn\/wp-json\/wp\/v2\/docs"}],"about":[{"href":"https:\/\/primary-tnng-production.up.railway.app\/mn\/wp-json\/wp\/v2\/types\/docs"}],"author":[{"embeddable":true,"href":"https:\/\/primary-tnng-production.up.railway.app\/mn\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/primary-tnng-production.up.railway.app\/mn\/wp-json\/wp\/v2\/comments?post=14061"}],"version-history":[{"count":1,"href":"https:\/\/primary-tnng-production.up.railway.app\/mn\/wp-json\/wp\/v2\/docs\/14061\/revisions"}],"predecessor-version":[{"id":14062,"href":"https:\/\/primary-tnng-production.up.railway.app\/mn\/wp-json\/wp\/v2\/docs\/14061\/revisions\/14062"}],"wp:attachment":[{"href":"https:\/\/primary-tnng-production.up.railway.app\/mn\/wp-json\/wp\/v2\/media?parent=14061"}],"wp:term":[{"taxonomy":"doc_category","embeddable":true,"href":"https:\/\/primary-tnng-production.up.railway.app\/mn\/wp-json\/wp\/v2\/doc_category?post=14061"},{"taxonomy":"doc_tag","embeddable":true,"href":"https:\/\/primary-tnng-production.up.railway.app\/mn\/wp-json\/wp\/v2\/doc_tag?post=14061"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}