Position value refers to the current value of the holding position, which is adjusted in real-time according to changes in the mark price. The calculation of position value differs between USDT perpetual contracts and BTC perpetual contracts.
USDT-M Perpetual Contracts
Formula: Position Value = Amount × Contract Multiplier × Mark Price
Take the BTCUSDT contract for example:
If User A opens a long BTCUSDT position of 1,000 contracts, and the current mark price is 50,000 USDT, then the current position value is
1000 × 0.0001 × 50000 = 5000 USDT
BTC-M Perpetual Contracts
Formula: Position Value = Amount / Mark Price
If User B opens a long BTCUSDT position of 1,000 contracts, and the current mark price is 50,000 USDT, then the current position value is
1000 / 50000 ≈ 0.02 BTC
Notice
- Contract Multiplier refers to the size of each contract; detailed data can be found on the Contract Details page.
- The amount in the formulas above is expressed in “Contracts.” If expressed in cryptocurrency units, the contract multiplier does not need to be considered.
- Prices are based on the real-time mark price.
- Position value is expressed in the settlement currency. Actual fees and funding costs are calculated using the position value in the settlement currency.
Gate reserves the final right to interpret the product.
For further assistance, please visit the Gate official support page or contact our customer support team.
