1. Closing Settlement
Closing settlement refers to the process of closing a position and settling profits and losses.
Market Order Close
A market order is an order type that is executed immediately at the current market price.
When you choose to close with a market order, the exchange will execute the close instruction immediately at the best price in the market to close as quickly as possible.
Your closing order will be executed immediately, and the actual closing transaction price may vary slightly, depending on the liquidity of the market and the number of orders in the order book.
Limit Order Close
A limit order is a price you specify for buying or selling, and it will only be executed when the market price reaches or exceeds the price you specify.
When you choose to close with a limit order, you need to specify a price, and when the market price reaches or exceeds this price, the closing order will be triggered.
After being triggered, your closing order will be executed at the price you specified or a better price.
Trigger Order Close
A trigger order is an order type that is automatically triggered when certain conditions are met, and it is divided into conditional market price and conditional limit price types.
When you choose to close with a Trigger order, you can set specific conditions, such as when the market price reaches a certain price or when a technical indicator is triggered, the closing order will be automatically triggered.
After the conditions are set, the conditional market order will be executed at the market price, and the trigger limit order will be executed at the order price.
2. Calculation of Profit and Loss and Unrealized Profit and Loss
Profit and Loss: Profit and loss refers to the actual profit or loss obtained when closing. It is calculated based on the closing transaction price and the opening price when holding a position.
Profit and loss calculation method:
Long position: (Transaction price - Average opening price) * Number of contracts * Contract value
Short position: (Average opening price - Transaction price) * Number of contracts * Contract value
Unrealized Profit and Loss: Unrealized profit and loss refers to the estimated profit and loss of the current position, that is, the profit and loss situation when it has not been closed. It is calculated based on the current market price and may change with market fluctuations. Unrealized profit and loss does not include transaction fees and funding costs.
Unrealized profit and loss calculation method:
Long position: (Real-time mark price - Average opening price) * Number of contracts * Contract value
Short position: (Average opening price - Real-time mark price) * Number of contracts * Contract value
3. Profit Rate Calculation Formula
Profit Rate = (Profit and Loss Amount / Opening Value) * 100%
Expected Profit Rate = (Unrealized Profit and Loss / Position Margin) * 100%
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