Futures Target and Glossary

Futures Target: The subject of each token perpetual futures is the corresponding token index compiled and published by BKEX. Currently, BKEX supports forward perpetual futures for BTC, ETH, EOS, LTC, BCH, XRP, DOT, LINK, UNI, FIL, 1000SHIB, DOGE, and ADA.

Leverage multiple: BKEX provides different leverage levels for different products, and the maximum leverage can reach 100 times. Leverage is determined by the initial margin and maintenance margin levels. They determine the minimum funds a trader needs to open and maintain a position. Leverage is not a fixed multiple, but a minimum margin requirement. You can check the minimum amount of initial margin and maintenance margin on the risk limit document page.

Opening value: order volume * average opening price

Position value: order volume * mark price

Unrealized profit and loss: The trader's current contract position generates profit and loss, also known as floating profit and loss.

Realized profit and loss: It is the accumulated profit and loss generated by the trader's closed position before the settlement of the contract.

Profit: The realized profit that has been settled since the opening of the position + the unrealized profit since the last settlement.

Profit rate: = income / margin required when opening a position = income / (contract face value * number of contracts * average opening price / leverage).