Dear Users,
To further enhance your trading experience and ensure market stability, we will be making adjustments to the perpetual contract mark price calculation formula. Please review the information below carefully and manage your positions accordingly during this update.
The new formula is as follows:
Mark Price = Median (Price1, Price2, Latest Contract Price)
- Price1 = Index Price * (1 + Latest Funding Rate * (Time Until Next Funding / Funding Interval))
- Price2 = Index Price + Moving Average (2-Minute Basis)
This update will take place on September 5th at 07:00 AM UTC and is expected to last approximately 5 minutes. Trading will remain uninterrupted, but there may be slight market volatility. Please ensure your risk management measures are in place.
For more details on the contract mark price and related trading basics, please refer to the following resources:
We appreciate your continued trust and support. If you have any questions, please do not hesitate to contact our customer support team.
Tapbit Team