Latest market price
- The latest transaction price of the contract market.
- The average price in a deep list (e.g. first 10,000 orders).
U-margin contract price index refers to the price of a basket of major spot trading markets. The reference trading markets include: Huobi, Binance, Okex, Bittrex, HitBTC, Gate.io, Bitmax, Poloniex, FTX, MXC.
The price index can be regarded as a fair spot price, we use this to Calculate the mark price (used to further calculate the unrealized profit and loss of each contract). Please note that the actual profit and loss of the account is based on the market price that was traded when the position was closed.