Size | Quantity | Value

Last updated 2 years ago

Note: Coin-margined futures contract is a reverse contract, and it is difficult to understand the parameters. Please refer to .

Contract Size | Order Quantity

The contract size is also called Lot Size, which is the smallest unit of the contract transaction quantity, that is, the quantity of a contract.

The relationship between contract size and quantity is as follows:

Order Cont.

Contract Size

Order Quantity

Quantity, Size Unit

Why is the quantity of coin-margined futures in USD?

This is related to the mechanism of the reverse contract, please see .

Is this different from what I've seen on other exchanges?

You can use BTC as a unit to open positions on exchanges such as Binance, okx, etc., but you will find that as the price of BTC changes, the amount of BTC in your position is also changing. But you will find that as the price of BTC changes, the amount of BTC in your position is also changing. This is because coin-margined futures are all measured by 1 cont. = 1 USD and only the price conversion is performed when placing an order or displaying a position. You can switch the unit to ‘Cont.' and you will find that the number of positions will not change, that is to say, the real number of positions in USD.

Order value | Position value

Calculation of values

Order Value

Position Value

Unit

Unit of values

The quantity and value of USDⓈ-margined and coin-margined futures are reversed.

Last updated 2 years ago