Calculation value refers to the trader's current position value, which may change accordingly to the last traded price.
According to the different types of the contract, the way to calculate the position value changes:
1.Calculation of USDT Contract and Quanto Contract:
Position Value = Position Size * Contract Multiplier * Price
Take BTC_USDT contract as an example:
If the user buys 1,000 BTC_USDT long contracts, with the current mark price of 33,000 USDT, then the current position value of the user is calculated as follows:
2.Calculation of Inverse Contract:
Position Value = Position Size / Price
Take BTC_USD contract as an example:
If the user buys 1,000 BTC_USD contracts, with the current mark price of 31,000 USDT, then the current position value is calculated as follows:
1)Contract Multiplier refers to the size of every single contract. Please look up the details in the Contract Details.
2)It's counted by the numbers of the contract. If it's counted by currency, then no contract multiplier is needed.
3)The price refers to the mark price.
4)The position value is calculated by the currency of settlement, in which a position value of a Quanto contract is displayed accordingly to the spot price of the corresponding currency. The calculation of the actual fee and funding fee is all calculated regarding the position value calculated according to the currency.