<div data-page-id="WtS7dEFKao201yxRR98uLmQUs9e" data-lark-html-role="root" data-docx-has-block-data="false"><div class="ace-line ace-line old-record-id-doxusMOi7BRX3QnmNCX3IuxXhqc"><span style="font-size: 16px;">In MEXC Futures trading, <strong>margin</strong> is a core concept that every trader must understand. Whether you are new to Futures trading or an experienced user looking to better understand margin calculations, this guide explains MEXC's margin formulas, liquidation mechanism, and how to manage position risk effectively.</span></div><div class="ace-line ace-line old-record-id-doxusE3Vw8oDYm7UyfPLyg2CtWh"><span style="font-size: 16px;"><br></span></div><h2 class="heading-2 ace-line old-record-id-UyP1drZuoo1CS0x7HdjuWlF3sZc"><strong>1. Position Value: The Basis of Margin Calculation</strong></h2><div class="ace-line ace-line old-record-id-EbUydaWeNoUHYpx4wGIur9yIsEe"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-KXzOdwXEkolVijxhc1JuPpdisCf"><span style="font-size: 16px;">Position value is the fundamental data used to calculate all margin requirements. In MEXC Futures trading, opening any position requires margin, and the position value determines how much capital is needed.</span></div><ul start="1" class="list-bullet1"><li class="ace-line ace-line old-record-id-J8ymdU9qxoFTuYxOd1Nuzdscs4e" data-list="bullet"><div><span style="font-size: 16px;"><strong>USDT-margined </strong><strong>position value</strong><strong> = Fill price × Contract size × </strong><strong>Position size</strong></span></div></li><li class="ace-line ace-line old-record-id-DB11dGl8UoDb10xVIrWuB4c8sYI" data-list="bullet"><div><span style="font-size: 16px;"><strong>Coin-margined </strong><strong>position value</strong><strong> = </strong><strong>Position size</strong><strong> × Contract value </strong><strong>/</strong><strong> Price</strong></span></div></li></ul><div class="ace-line ace-line old-record-id-J83ydWLHQozv8ixDnyZueTbTsDc"><span style="font-size: 16px;"><br></span></div><div style="white-space:pre;" class="ace-line ace-line old-record-id-GkXxdKKgeoZYIYxtZZ5uJ6aOsXb"><span style="font-size: 16px;"><strong>Example:</strong> Suppose you buy <strong>100 </strong><strong>BTCUSDT</strong><strong> perpetual contracts</strong> at a price of <strong>50,000 USDT</strong>, each with a contract size of <strong>0.0001 BTC</strong>.</span></div><div class="ace-line ace-line old-record-id-TMfndhCDcoYDKuxXAKquzQofsjg"><span style="font-size: 16px;">Position value = 50,000 × 0.0001 × 100 = <strong>500 USDT</strong></span></div><div class="ace-line ace-line old-record-id-ZNhvdSWNBoeroTxWXrhuRaQOs9g"><span style="font-size: 16px;"><br></span></div><h2 class="heading-2 ace-line old-record-id-Fle1dflQ1onq8pxv6COuRhV7sic"><strong>2. Initial Margin: Funds Required to Open a Position</strong></h2><div class="ace-line ace-line old-record-id-L2L8doghJo5uMoxKscuuPfxcs8e"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-ZkxXdixyCo2J7Wx9O8BuvEbCsFf"><span style="font-size: 16px;">Initial margin is the minimum amount of funds required to open a position. The initial margin rate directly reflects the leverage you use. The higher the leverage, the lower the required initial margin.</span></div><ul start="1" class="list-bullet1"><li class="ace-line ace-line old-record-id-OUrEdeeMLoDLf4xLUf7uGROrsfb" data-list="bullet"><div><span style="font-size: 16px;"><strong>Initial margin rate</strong><strong> = Position margin / </strong><strong>Position value</strong></span></div></li><li class="ace-line ace-line old-record-id-OwZcdvlmLoqOI3x508Iu9ojJsyc" data-list="bullet"><div><span style="font-size: 16px;"><strong>USDT-margined </strong><strong>initial margin</strong><strong> = Average fill price × </strong><strong>Position size</strong><strong> × Contract size / </strong><strong>Leverage</strong></span></div></li><li class="ace-line ace-line old-record-id-AHcAdjdRtoDFljxlkrSuHQlasxc" data-list="bullet"><div><span style="font-size: 16px;"><strong>Coin-margined </strong><strong>initial margin</strong><strong> = </strong><strong>Position size</strong><strong> × Contract value / (Average fill price × </strong><strong>Leverage</strong><strong>)</strong></span></div></li></ul><div class="ace-line ace-line old-record-id-UNgrd3viDoFayFxnPCduOGjqsC9"><span style="font-size: 16px;"><br></span></div><div style="white-space:pre;" class="ace-line ace-line old-record-id-A2EMdXKXnorbu8xY9LbuLzf9sCg"><span style="font-size: 16px;"><strong>Example:</strong> You open a BTCUSDT position at <strong>50,000 USDT</strong>, with a position value of <strong>500 USDT</strong>, using <strong>10× </strong><strong>leverage</strong>.</span></div><div class="ace-line ace-line old-record-id-VarxdJXS0oyV1lxGG4Quuu5Ssch"><span style="font-size: 16px;">Initial margin = 500 / 10 = <strong>50 USDT</strong></span></div><div class="ace-line ace-line old-record-id-LzUpdC1dPoLdQwxKrvyullbAsbf"><span style="font-size: 16px;">This means you only need to commit <strong>50 USDT</strong> to control a position worth <strong>500 USDT</strong>.</span></div><div class="ace-line ace-line old-record-id-doxushQN66HO867Uy65bfe7SEnf"><span style="font-size: 16px;"><br></span></div><h2 class="heading-2 ace-line old-record-id-YFtXdLziZoi152xrNy2uT03Ws1e"><strong>3. Maintenance Margin: Minimum Requirement to Avoid Liquidation</strong></h2><div class="ace-line ace-line old-record-id-SVXndautjoXfSWxOLsSurAsps1g"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-H1YjdY94koail2xF21FuUXE0sWg"><span style="font-size: 16px;">Maintenance margin is the minimum amount of margin required to keep a position open.</span></div><div class="ace-line ace-line old-record-id-ThOCdGOJDo8qCMxNOctuUvbHsQe"><span style="font-size: 16px;">If your account margin falls below the maintenance margin level, liquidation or partial liquidation will be triggered.</span></div><ul start="1" class="list-bullet1"><li class="ace-line ace-line old-record-id-EoYOd73QXoINW0xQNaFuOgzNsYN" data-list="bullet"><div><span style="font-size: 16px;"><strong>USDT-margined </strong><strong>maintenance margin</strong><strong> = Average fill price × </strong><strong>Position size</strong><strong> × Contract size × Maintenance margin rate</strong></span></div></li><li class="ace-line ace-line old-record-id-PGdUd7p4BoH8e2xoP6Cu1hxesrf" data-list="bullet"><div><span style="font-size: 16px;"><strong>Coin-margined </strong><strong>maintenance margin</strong><strong> = Contract value × </strong><strong>Position size</strong><strong> / Average fill price × Maintenance margin rate</strong></span></div></li></ul><div class="ace-line ace-line old-record-id-RuMBdgA18orZLixMEwtuRdkvsEc"><span style="font-size: 16px;"><br></span></div><div style="white-space:pre;" class="ace-line ace-line old-record-id-Px3ldsQVMoIezpxCFz3u3fIBs2b"><span style="font-size: 16px;"><strong>Example</strong> Suppose your position value is <strong>500 USDT</strong>, and the maintenance margin rate is <strong>0.5%</strong>.</span></div><div class="ace-line ace-line old-record-id-W24SdmpH2oyvsMxJtJDuFCHms3e"><span style="font-size: 16px;">Maintenance margin = 500 × 0.5% = <strong>2.5 USDT</strong></span></div><div class="ace-line ace-line old-record-id-GbvUdkSJRoEvqcxKxvuuTSkjsAb"><span style="font-size: 16px;">As long as your <strong>position margin plus unrealized </strong><strong>PNL</strong> remains above <strong>2.5 USDT</strong>, the position can be maintained.</span></div><div class="ace-line ace-line old-record-id-doxusJdvhBVALk5q2UfJqHtyind"><span style="font-size: 16px;"><br></span></div><h2 class="heading-2 ace-line old-record-id-PrwzdmfPjoW8HQxp98vuiq5gsKb"><strong>4. Margin Rate: Key Indicator of Position Risk</strong></h2><div class="ace-line ace-line old-record-id-SPrCdTAiXopdNXxaCU0usRujsVg"><span style="font-size: 16px;"><br></span></div><div style="white-space:pre;" class="ace-line ace-line old-record-id-F93sdIfFiodrtzxtdZ9ucnsTs7e"><span style="font-size: 16px;">Margin rate is the key metric used to measure position risk. The lower the margin rate, the lower the risk. When the margin rate reaches <strong>100%</strong>, the position will be liquidated.</span></div><div class="ace-line ace-line old-record-id-H4jfdhxKbofvnpxxsuBu6ZnAs6f"><span style="font-size: 16px;"><strong>Margin rate = (</strong><strong>Maintenance margin</strong><strong> + Liquidation fee) / (Position margin + Unrealized </strong><strong>PNL</strong><strong>)</strong></span></div><div class="ace-line ace-line old-record-id-B69RdNABAopiGQx8KCeuu3RVsDc"><span style="font-size: 16px;"><br></span></div><div style="white-space:pre;" class="ace-line ace-line old-record-id-RFuFdHawKoJe6mxg96nu7eeOsSg"><span style="font-size: 16px;"><strong>Example</strong> Your maintenance margin is <strong>2.5 USDT</strong>, liquidation fee is <strong>0.5 USDT</strong>, position margin is <strong>50 USDT</strong>, and current unrealized loss is <strong>20 USDT</strong> (unrealized PNL = −20).</span></div><div class="ace-line ace-line old-record-id-SToHdoWgpohsOQxqAaTucggDsFd"><span style="font-size: 16px;">Margin rate = (2.5 + 0.5) / (50 − 20) = 3 / 30 = <strong>10%</strong>, indicating low risk.</span></div><div class="ace-line ace-line old-record-id-TAa3d7B4ho6gy1xhvwpuYMO8sEz"><span style="font-size: 16px;">If the unrealized loss increases to <strong>47 USDT</strong>, margin rate = 3 / 3 = <strong>100%</strong>, and liquidation will be triggered.</span></div><div class="ace-line ace-line old-record-id-doxusK6IzxxaKxPgOKNi3qX8Lxc"><span style="font-size: 16px;"><br></span></div><h2 class="heading-2 ace-line old-record-id-YA9odTix5ozYO4xGE0EuBqdNsuc"><strong>5. Opening Cost: Total Funds Frozen When Opening a Position</strong></h2><div class="ace-line ace-line old-record-id-LdFidVH2Do8BbLxqgVjuWq2esii"><span style="font-size: 16px;"><br></span></div><div style="white-space:pre;" class="ace-line ace-line old-record-id-ZqSDdIpedoxwX1xBHoau4iIFsOg"><span style="font-size: 16px;">Opening cost is the total amount of assets that must be frozen when opening a position. It includes the <strong>initial margin</strong> and any <strong>applicable trading fees</strong>. The fee depends on whether your order is executed as a <strong>Maker (limit order)</strong> or <strong>Taker (market order)</strong>.</span></div><ul start="1" class="list-bullet1"><li class="ace-line ace-line old-record-id-KISVdAhmHoLG6JxPxPZuCWnwsPe" data-list="bullet"><div><span style="font-size: 16px;"><strong>Opening cost = </strong><strong>Initial margin</strong><strong> + Estimated fee (depends on Maker / Taker execution)</strong></span></div></li><li class="ace-line ace-line old-record-id-HrO5dyq6Ro50YoxIp9DuPL5Fsfh" data-list="bullet"><div><span style="font-size: 16px;"><strong>USDT-margined Futures:</strong> Order cost = Average fill price × Order quantity × Contract size / Leverage</span></div></li><li class="ace-line ace-line old-record-id-ZSGZdqnmBoqtVmxCubhuTPGosXd" data-list="bullet"><div><span style="font-size: 16px;"><strong>Coin-margined Futures:</strong> Order cost = Order quantity × Contract value / (Leverage × Average fill price)</span></div></li></ul><div class="ace-line ace-line old-record-id-LQ7NdNPz0o5bnhxMVj7uVJonsDb"><span style="font-size: 16px;"><br></span></div><div style="white-space:pre;" class="ace-line ace-line old-record-id-EN4kd8FRNoIOfrxmvNmucOW0slg"><span style="font-size: 16px;"><strong>Example:</strong> You open a position with a value of <strong>500 USDT</strong> using <strong>10× </strong><strong>leverage</strong>, and the taker fee rate is <strong>0.02%</strong>.</span></div><div class="ace-line ace-line old-record-id-OFzOddAIAovk1AxHLqYuHKZXsSd"><span style="font-size: 16px;">Initial margin = <strong>50 USDT</strong></span></div><div class="ace-line ace-line old-record-id-EoeOd82GvoDKi8xSnOPuHhLEsjf"><span style="font-size: 16px;">Estimated fee = 500 × 0.02% = <strong>0.1 USDT</strong></span></div><div class="ace-line ace-line old-record-id-X4yVdsEB0oJbUCxdcFWunkmGsXb"><span style="font-size: 16px;">Opening cost = 50 + 0.1 = <strong>50.1 USDT</strong></span></div><div class="ace-line ace-line old-record-id-doxusvRR5CdAxM0HfW7CJWSiF95"><span style="font-size: 16px;"><br></span></div><h2 class="heading-2 ace-line old-record-id-LLZwdMK8toIoKpxmkNruXXsTs7b"><strong>6. Position Margin: Key Data for Liquidation Decisions</strong></h2><div class="ace-line ace-line old-record-id-NLCTdrmQ3oiPILxbp8lupJKAsYg"><span style="font-size: 16px;"><br></span></div><div style="white-space:pre;" class="ace-line ace-line old-record-id-GPtvdUsiwonZ3yxEczFuVRN3spH"><span style="font-size: 16px;">Position margin is a key factor the system uses to determine whether liquidation will be triggered. When <strong>position margin plus unrealized </strong><strong>P</strong><strong>N</strong><strong>L</strong> falls below the <strong>maintenance margin</strong>, liquidation will occur.</span></div><div class="ace-line ace-line old-record-id-ZmqVdFYgLoQyzexgIWXuQsLjs1e"><span style="font-size: 16px;"><strong>Position margin = Average fill price × </strong><strong>Position size</strong><strong> × Contract size / </strong><strong>Leverage</strong></span></div><div class="ace-line ace-line old-record-id-doxuswnGEpVYSw93eo7mOvpFoZg"><span style="font-size: 16px;"><br></span></div><h2 class="heading-2 ace-line old-record-id-doxus5JBpLzHcm87lRl9QBWekyh"><strong>7. Liquidation Price in Isolated Margin Mode: Precise Calculation of the Liquidation Level</strong></h2><div class="ace-line ace-line old-record-id-doxusN8hs9yi9nLiIgP6MYo9Ald"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-DdZSd8JpGo5Ad1xbo6suiPg1sTd"><span style="font-size: 16px;">In <strong>isolated margin mode</strong>, the margin of each position is independent. If the margin of a specific position plus its unrealized PNL falls below the maintenance margin, that position will be liquidated.</span></div><ul start="1" class="list-bullet1"><li style="white-space:pre;" class="ace-line ace-line old-record-id-ZLnidDE83ohKijxnQXZuLz4Msfg" data-list="bullet"><div><span style="font-size: 16px;"><strong>Liquidation condition:</strong> Position margin + Unrealized PNL ≤ Maintenance margin</span></div></li><li style="white-space:pre;" class="ace-line ace-line old-record-id-LV7sdVI92ogqH8x13ZwusPKKswe" data-list="bullet"><div><span style="font-size: 16px;"><strong>Long position </strong><strong>liquidation price</strong> = (Maintenance margin − Position margin + Average fill price × Position size × Contract size) / (Quantity × Contract size)</span></div></li><li style="white-space:pre;" class="ace-line ace-line old-record-id-FuE0dWL9GodFYYxJb06ucVsuspf" data-list="bullet"><div><span style="font-size: 16px;"><strong>Short position </strong><strong>liquidation price</strong> = (Average fill price × Position size × Contract size − Maintenance margin + Position margin) / (Quantity × Contract size)</span></div></li></ul><div class="ace-line ace-line old-record-id-Cvwid6NIPoZf1Vxv8mHuG7zFsfd"><span style="font-size: 16px;"><br></span></div><div style="white-space:pre;" class="ace-line ace-line old-record-id-LnEzdaTRUopCGzxNNIdu5yLDsge"><span style="font-size: 16px;"><strong>Example</strong> You open a <strong>BTC long position</strong> at <strong>50,000 USDT</strong>, with a position value of <strong>500 USDT</strong>, using <strong>10× </strong><strong>leverage</strong> (position margin = <strong>50 USDT</strong>). </span></div><div class="ace-line ace-line old-record-id-X0tDd0Nzroz0R3xQK2EuEz26sbc"><span style="font-size: 16px;">Maintenance margin = <strong>2.5 USDT</strong></span></div><div class="ace-line ace-line old-record-id-GZIhdVqaEoxjgfx3Z6tuczPWsyh"><span style="font-size: 16px;">Quantity × Contract size = <strong>0.01 BTC</strong></span></div><div class="ace-line ace-line old-record-id-VVYRdQkUboW7KnxfPKluGSNysyb"><span style="font-size: 16px;">Long liquidation price = (2.5 − 50 + 500) / 0.01 = 452.5 / 0.01 = <strong>45,250 USDT</strong></span></div><div class="ace-line ace-line old-record-id-IovCd9Iylon0iCxLWKEu2moEskc"><span style="font-size: 16px;">This means your long position will be liquidated if BTC falls to approximately <strong>45,250 USDT</strong>.</span></div><div class="ace-line ace-line old-record-id-doxuscippckLObHTxhqfQcgbWMW"><span style="font-size: 16px;"><br></span></div><h2 class="heading-2 ace-line old-record-id-doxusejeGTZ6U7JltjXk7nNKp0c"><strong>8. Cross Margin Mode: Margin Calculation and Differences from Isolated Mode</strong></h2><div class="ace-line ace-line old-record-id-doxusMFtpjmnE6vl2T4k410tmDc"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-IbgwdyDzFo61RHxQYGIu59atsNh"><span style="font-size: 16px;">In <strong>cross margin mode</strong>, the system uses <strong>all available margins in your account</strong> as position margins to reduce the risk of liquidation. However, if one position incurs losses and reduces the available balance, those funds are not immediately reallocated as margin for other cross-margin positions.</span></div><div class="ace-line ace-line old-record-id-MTL1dKsKIozs3Lxio4Xus08Ssjb"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-PVModpl3FoNJO6xRe7Yu63vAsZg"><strong style="font-size: 16px;">Key characteristics of cross margin mode:</strong></div><ul start="1" class="list-bullet1"><li class="ace-line ace-line old-record-id-OFTqdTkGhol9tBxwEfDuNkB3s3d" data-list="bullet"><div><span style="font-size: 16px;">All available funds share the risk across positions</span></div></li><li class="ace-line ace-line old-record-id-CdxPdjbY3oogEwxWLFHu5EtKs7f" data-list="bullet"><div><span style="font-size: 16px;">Suitable for traders with strong confidence in their market outlook</span></div></li><li class="ace-line ace-line old-record-id-CFpBdmVqYo1bFqxz8JLuxDKGshh" data-list="bullet"><div><span style="font-size: 16px;">If liquidation occurs, losses may affect all available funds in the account</span></div></li></ul><div class="ace-line ace-line old-record-id-YUSyd66hNo2yVBxxusKuO9tus2e"><span style="font-size: 16px;"><br></span></div><h2 class="heading-2 ace-line old-record-id-LDL5dIjlyoZynYxWpTBujHkOsMc"><strong>9. Auto-Margin Addition: The Last Line of Defense for Your Position</strong></h2><div class="ace-line ace-line old-record-id-HgLXdFEjkoogmNxXyeaukK5Asch"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-VpHXdLNxRoDC8Hxk434uS3ZmsEc"><span style="font-size: 16px;">The auto-margin addition feature automatically transfers funds from your available balance to your position margin when the position approaches liquidation. This helps protect your position and avoid forced liquidation. It serves as the final line of defense for maintaining a position.</span></div><div class="ace-line ace-line old-record-id-WfOTdSMvYoBZxAxMzjeufPmMsbd"><span style="font-size: 16px;"><br></span></div><ul start="1" class="list-bullet1"><li style="white-space:pre;" class="ace-line ace-line old-record-id-SPjbdpet4oLBDMxAs5WuSMctsSg" data-list="bullet"><div><span style="font-size: 16px;"><strong>USDT-margined Futures:</strong> Margin added per addition = Average fill price × Contract size × Position size × Maintenance margin rate</span></div></li><li style="white-space:pre;" class="ace-line ace-line old-record-id-FokMd3CHCo6YKlxRzIaubEpksRd" data-list="bullet"><div><span style="font-size: 16px;"><strong>Coin-margined Futures:</strong> Margin added per addition = Contract value × Position size × Maintenance margin rate / Average fill price</span></div></li></ul><div class="ace-line ace-line old-record-id-G2VVdqucro9AiNxEuQLuz7DQsse"><span style="font-size: 16px;"><br></span></div><div style="white-space:pre;" class="ace-line ace-line old-record-id-CVnwd0LTHoSr3sxmVxsuCnwgsLf"><span style="font-size: 16px;"><strong>Example:</strong> You hold a BTCUSDT long position with an average fill price of <strong>50,000 USDT</strong>, a position value of <strong>500 USDT</strong>, and a maintenance margin rate of <strong>0.5%</strong>. When auto-margin addition is triggered, the system adds <strong>500 × 0.5% = 2.5 USDT</strong> each time.</span></div><div class="ace-line ace-line old-record-id-doxusTitlwFOOBtzZ9xOB4aDc2f"><span style="font-size: 16px;"><br></span></div><h2 class="heading-2 ace-line old-record-id-doxusvL3BCKKpcLi2pTL0gspS0h"><strong>10. Margin FAQs</strong></h2><div class="ace-line ace-line old-record-id-doxusB8ZyTqLBq52Ndzc2bb6jr8"><span style="font-size: 16px;"><br></span></div><h3 class="heading-3 ace-line old-record-id-MeZhdBv7uo7uJnx8JJquKXJJsdx"><span style="font-size: 16px;"><strong>10.1 What happens if </strong>the <strong>margin is insufficient?</strong></span></h3><div class="ace-line ace-line old-record-id-UGhZdQv89oGq5ixDwyBubTFGsXc"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-KVpXdK0H2ovP33xOpPAu2loosHf"><span style="font-size: 16px;">When your <strong>position margin plus unrealized </strong><strong>PNL</strong> falls below the maintenance margin requirement, the system will trigger forced liquidation. In isolated margin mode, only that position is liquidated. In cross-margin mode, liquidation may affect all positions.</span></div><div class="ace-line ace-line old-record-id-PSEvd9zaToZzOexNragupUf1sLb"><span style="font-size: 16px;"><br></span></div><div style="white-space:pre;" class="ace-line ace-line old-record-id-F9QLdA1exoyzGoxW48iuz6OzsFI"><span style="font-size: 16px;"><strong>Example:</strong> You open a long position with a <strong>50 USDT margin</strong>, and the maintenance margin is <strong>2.5 USDT</strong>. If market losses reach <strong>47.5 USDT</strong>, then:</span></div><ul start="1" class="list-bullet1"><li class="ace-line ace-line old-record-id-SgGUdinsSozofkxGpvPuAHHbsIh" data-list="bullet"><div><span style="font-size: 16px;">Position margin + Unrealized PNL = 50 − 47.5 = <strong>2.5 USDT</strong></span></div></li></ul><div class="ace-line ace-line old-record-id-QT3Gd7LMOot8VyxBZM9usN4TsVl"><span style="font-size: 16px;">This equals the maintenance margin, and liquidation is triggered.</span></div><div class="ace-line ace-line old-record-id-doxusXTtWoAr8h4bd6L8On6nGuy"><span style="font-size: 16px;"><br></span></div><h3 class="heading-3 ace-line old-record-id-WETgdd2Weo57SSxyMkouO90Kszh"><span style="font-size: 16px;"><strong>10.2 How can I reduce margin </strong><strong>rate</strong><strong> and lower liquidation risk?</strong></span></h3><div class="ace-line ace-line old-record-id-W1OCdHtAmonYZJxRfHOukZ0Ssme"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-Bl3adbG0lo9a0ZxoXI3uKSDuseh"><span style="font-size: 16px;">You can reduce risk by:</span></div><ul start="1" class="list-bullet1"><li class="ace-line ace-line old-record-id-GT3YdLsyfolbuFxKECiuh8HksyB" data-list="bullet"><div><span style="font-size: 16px;">Manually adding margin</span></div></li><li class="ace-line ace-line old-record-id-ZWz4dv0Cco2Ry2x8Dmqu35chsgf" data-list="bullet"><div><span style="font-size: 16px;">Reducing leverage</span></div></li><li class="ace-line ace-line old-record-id-V566dIxXCoiPJExR5Mpur7cbsFg" data-list="bullet"><div><span style="font-size: 16px;">Partially closing the position to reduce size</span></div></li><li class="ace-line ace-line old-record-id-GAEQd62aCoDbp1xI7cUuNE3hsKf" data-list="bullet"><div><span style="font-size: 16px;">Enabling auto-margin addition</span></div></li></ul><div class="ace-line ace-line old-record-id-HUkddMd2noLWaWxZW7FujyRRsze"><span style="font-size: 16px;"><br></span></div><div style="white-space:pre;" class="ace-line ace-line old-record-id-JfOld29TkoLk7LxStwvuBT2Nszg"><span style="font-size: 16px;"><strong>Example</strong> If your margin rate is <strong>80%</strong> (close to liquidation), adding <strong>20 USDT</strong> margin may reduce the margin rate to about <strong>50%</strong>, significantly lowering liquidation risk.</span></div><div class="ace-line ace-line old-record-id-doxusjluo7n1hT0Pu2IXib6J1th"><span style="font-size: 16px;"><br></span></div><h3 class="heading-3 ace-line old-record-id-Uo1Nd51axoBpSyxLZIUuXnY6suh"><strong style="font-size: 16px;">10.3 How do I choose between isolated margin and cross margin?</strong></h3><div class="ace-line ace-line old-record-id-EwLndlV72oiSHOxZlR3u6LtKsjb"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-LDD4dVv61ojAHjxbPNDueHqes5d"><span style="font-size: 16px;"><strong>Isolated margin mode</strong> is suitable for traders who want to isolate risk. Each position is calculated independently, and liquidation of one position does not affect others.</span></div><div class="ace-line ace-line old-record-id-IvDtdHNX7ocvtWx1ZCoudaqXsSh"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-KayGdpjJmo50Bcx4goGuFTszs3D"><span style="font-size: 16px;"><strong>Cross margin mode</strong> is suitable for traders who want stronger risk resistance. All available funds share risk across positions, but losses can be larger if liquidation occurs.</span></div><div class="ace-line ace-line old-record-id-SUZydhtxOoj9UBxcqYruBDBSsJh"><span style="font-size: 16px;"><br></span></div><div style="white-space:pre;" class="ace-line ace-line old-record-id-IPUDdUxOyoyZCXxbvOMuSaJEsLR"><span style="font-size: 16px;"><strong>Example</strong> Your account has <strong>1,000 USDT</strong>, and you open two positions (A and B), each using a <strong>100 USDT margin</strong>.</span></div><ul start="1" class="list-bullet1"><li class="ace-line ace-line old-record-id-ZGgEd3Ki5oALBdx45s5uXLzusAe" data-list="bullet"><div><span style="font-size: 16px;">In <strong>isolated margin </strong><strong>mode</strong>, if position A is liquidated, the maximum loss is <strong>100 USDT</strong>. Position B and the remaining <strong>800 USDT</strong> are unaffected.</span></div></li><li class="ace-line ace-line old-record-id-M88jdPIv6oJFHzxSBVYugPAesPe" data-list="bullet"><div><span style="font-size: 16px;">In <strong>cross margin mode</strong>, if position A continues to lose, the system may use the remaining <strong>800 USDT</strong> to maintain the position. In extreme cases, the entire <strong>1,000 USDT</strong> may be lost.</span></div></li></ul><div class="ace-line ace-line old-record-id-doxusJ4kfwAEb5C2yYrMKnTjiuh"><span style="font-size: 16px;"><br></span></div><h3 class="heading-3 ace-line old-record-id-BitEdavMMo94byxDRsLueH4GsVd"><strong style="font-size: 16px;">10.4 Can margin be withdrawn at any time?</strong></h3><div class="ace-line ace-line old-record-id-XH8OdQjuJotAbgx2ctVuAPYVsgc"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-JfgvdvBOcotEEYxCIv8uJ9VVs5b"><span style="font-size: 16px;">Available margin that is not being used by positions can be withdrawn at any time. Position margin currently in use can only be released after the position is closed.</span></div><div class="ace-line ace-line old-record-id-C13vdQDsPoiFAkxyoU2uhUCls4g"><span style="font-size: 16px;"><br></span></div><div style="white-space:pre;" class="ace-line ace-line old-record-id-SqLedR6FIoyoQHxq73SugDEGsMc"><span style="font-size: 16px;"><strong>Example</strong> Your account balance is <strong>500 USDT</strong>, of which <strong>100 USDT</strong> is used as position margin and <strong>400 USDT</strong> is available balance. You can withdraw up to <strong>400 USDT</strong>. The remaining <strong>100 USDT</strong> can only be withdrawn after the position is closed.</span></div><div class="ace-line ace-line old-record-id-doxuswIcEVVbQiHqApaZbSld05d"><span style="font-size: 16px;"><br></span></div><h3 class="heading-3 ace-line old-record-id-ChOfd2uCOo2HPzxiZrRuW9elsib"><span style="font-size: 16px;">Recommended Readings:</span></h3><ul start="1" class="list-bullet1"><li class="ace-line ace-line old-record-id-HUISd8irGoUBCrxA5QbuatPhsVe" data-list="bullet"><div><span style="font-size: 16px;"><a href="https://www.mexc.com/support/article/mexc-futures-calculation-guide-312060306409668608">MEXC Futures Calculation Guide: Fees, Unrealized PNL, and Closing Profit Explained</a></span></div></li><li class="ace-line ace-line old-record-id-AkOSdXKZNolrHExDqpOutuqJsNh" data-list="bullet"><div><a href="https://www.mexc.com/support/article/how-to-trade-futures-on-the-mexc-app-305421274812529664" data-lark-is-custom="true" style="font-size: 16px;">How to Trade Futures on the MEXC App</a></div></li><li class="ace-line ace-line old-record-id-Swq2djYgFozM8PxjQHEuYeCqs8v" data-list="bullet"><div><a href="https://www.mexc.com/support/article/how-to-trade-futures-on-mexc-web-305423980641926144" data-lark-is-custom="true" style="font-size: 16px;">How to Trade Futures on MEXC Web</a></div></li><li class="ace-line ace-line old-record-id-Lyv0dX5YKoAvHsxdAbfuUNLOsWh" data-list="bullet"><div><a href="https://www.mexc.com/support/article/mexc-futures-funding-rate-305432020820705280" data-lark-is-custom="true" style="font-size: 16px;">MEXC Futures Funding Rate: Calculation Methods and How to View Funding Rates</a></div></li><li class="ace-line ace-line old-record-id-SOiTdnJDsoMTsNxGBgKuEuR0sIb" data-list="bullet"><div><a href="https://www.mexc.com/support/article/futures-trading-page-terminology-guide-7951093588505" data-lark-is-custom="true" style="font-size: 16px;">Futures Trading Page Terminology Guide</a></div></li></ul><div class="ace-line ace-line old-record-id-VG0CdlnLeoW2enx933LuhcsQsGV"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-doxus3KYtOwGGvrjIEMGP6qtFlc"><span style="font-size: 16px;"><br></span></div></div>lg...

<div data-page-id="X5K3dYsRCo1kYzxF6RlubLDRsXe" data-lark-html-role="root" data-docx-has-block-data="true"><h2 class="heading-2 ace-line old-record-id-XadAdEFOKoWPJGxc9Cnu8fN1svc"><strong>1. MEXC Futures Trading Fee Calculation</strong></h2><div class="ace-line ace-line old-record-id-EsZjdkEWaoeuZMxeelBuX8c3smb"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-PbModrDh7oml6fxb4oPuftVgsgW"><span style="font-size: 16px;">MEXC Futures trading fees are determined by whether your order is executed as a <strong>Maker (limit order)</strong> or <strong>Taker (market order)</strong>.</span></div><div class="ace-line ace-line old-record-id-Es6Rd4cmfoqTDwx1LoPu8nylsvg"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-BAL6dFDlBomwQox3iIFuoI8vstf"><strong style="font-size: 16px;">Formulas</strong></div><div class="ace-line ace-line old-record-id-QXWadD8pIo82SRxZ0FLuKCm7sDg"><span style="font-size: 16px;"><strong>Taker fee </strong>= Average fill price × Position size × Contract size × Taker fee rate</span></div><div class="ace-line ace-line old-record-id-YrFDddo80o5iDBx0QP7uUhLfsbc"><span style="font-size: 16px;"><strong>Maker fee </strong>= Average fill price × Position size × Contract size × Maker fee rate</span></div><div class="ace-line ace-line old-record-id-PMQZd7Pyiorf5Axqqp9uRKNOsCu"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-FPbYdes50oPZ0UxDg9ruPYaBsYf"><strong style="font-size: 16px;">Example</strong></div><div class="ace-line ace-line old-record-id-J2Bvd7ALio2c4GxFcrFubff7sqF"><span style="font-size: 16px;">Assume you buy <strong>10,000 BTCUSDT contracts</strong> as a taker at <strong>30,000 USDT</strong>, with a contract size of <strong>0.0001 BTC</strong>.</span></div><div class="ace-line ace-line old-record-id-CsR2dYJHCoMSpPxgbQiuGoVIs3e"><span style="font-size: 16px;">Fee = 30,000 × 10,000 × 0.0001 × 0.02% = <strong>6 USDT</strong></span></div><div class="ace-line ace-line old-record-id-A5XTdl37OodhNjxLMR3uQAvxsjc"><span style="font-size: 16px;"><br></span></div><h2 class="heading-2 ace-line old-record-id-LFy6dYwmnoVhgHx2f3nuHNtussd"><strong>2. MEXC Futures Funding Fee Calculation and Settlement Rules</strong></h2><div class="ace-line ace-line old-record-id-DH7pdSKyjoo3DMx4XCUufj1csSd"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-EtD2d8LP8oZq4cxuUSeuu6z1so4"><span style="font-size: 16px;">Funding fees are a mechanism unique to <strong>Perpetual Futures</strong> that balances holding costs between long and short positions.</span></div><div class="ace-line ace-line old-record-id-CDD1dLxveoz64ux71CwuXnpusgb"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-X6xNdnPu1oPXm4xrxOxuPMgosZg"><strong style="font-size: 16px;">Formulas</strong></div><div class="ace-line ace-line old-record-id-NL5kdKCxuoGaAdxZZq7uQFlpsIh"><span style="font-size: 16px;"><strong>Funding fee</strong><strong> = </strong><strong>Funding rate</strong><strong> × </strong><strong>Position value</strong></span></div><div class="ace-line ace-line old-record-id-E3A5dNe9moDm0exNdMzu42gIsee"><span style="font-size: 16px;"><strong>Position value</strong><strong> = </strong><strong>Fair</strong><strong> price × Number of contracts × Contract size</strong></span></div><div class="ace-line ace-line old-record-id-CpKWd3mq0oDGfcxQNP5uHKIhsjb"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-ZF7AddDpHorlBpxAapOubvPtszC"><span style="font-size: 16px;">Whether funding is paid or received depends on two factors: the funding rate (positive or negative) and your position direction (long or short). When the funding rate is <strong>positive</strong>, longs pay shorts. When the funding rate is <strong>negative</strong>, shorts pay longs. At settlement, position value is calculated using the <strong>current </strong><strong>fair</strong><strong> price</strong>.</span></div><div class="ace-line ace-line old-record-id-TaFJdCnBCocAzvxlKYdu0bSKsHc"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-ZeTkdDfO9og1HfxyQTLuBMCisif"><strong style="font-size: 16px;">Example</strong></div><div class="ace-line ace-line old-record-id-CzuIdHgVeoqf3UxwJwBu9ESDslg"><span style="font-size: 16px;">You hold <strong>10,000 BTCUSDT long contracts</strong>. The current fair price is <strong>30,000 USDT</strong>, and the funding rate is <strong>+0.01%. </strong>Funding fee is then calculated as 30,000 × 10,000 × 0.0001 × 0.01% = <strong>3 USDT (paid)</strong></span></div><div class="ace-line ace-line old-record-id-ZIpid6yYjoYMXUxEyIWux2RysVf"><span style="font-size: 16px;">If the funding rate is <strong>–0.01%</strong>, you will <strong>receive 3 USDT</strong>.</span></div><div class="ace-line ace-line old-record-id-doxusHb2P91P2zRv6c0Sm8Jm8je"><span style="font-size: 16px;"><br></span></div><h2 class="heading-2 ace-line old-record-id-WcQAdzkP8oyuHKxUp7NuMc0Lscc"><strong>3. MEXC Futures Closing PNL Calculation</strong></h2><div class="ace-line ace-line old-record-id-ZcjJdXZwoo6YvLxpjevuNmAZs7f"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-PNvmdtVt7ohJXfxwU7ouYG5UsHf"><span style="font-size: 16px;">Total realized PNL = Closing PNL + Funding fees − Opening fee − Closing fee</span></div><div class="ace-line ace-line old-record-id-doxusrOSGQKXEoqP7Kp38VOExvc"><span style="font-size: 16px;"><br></span></div><h3 class="heading-3 ace-line old-record-id-NZ06d3EneobH5GxCYYluwzdmse7"><span style="font-size: 16px;"><strong>3.1 USDT-Margined Futures Closing </strong><strong>PNL</strong></span></h3><div class="ace-line ace-line old-record-id-NrpZd0varox2pex6eSfuUpE8sYg"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-FgExd8qrto8BGtxybl1ua2E2sEc"><span style="font-size: 16px;"><strong>Long closing </strong><strong>PNL</strong> = (Closing price − Average entry price) × Position size × Contract size</span></div><div class="ace-line ace-line old-record-id-UeeVdsmlqo4RpYxifYmuu162shh"><span style="font-size: 16px;"><strong>Short closing </strong><strong>PNL</strong> = (Average entry price − Closing price) × Position size × Contract size</span></div><div class="ace-line ace-line old-record-id-Ld14dlaf1odKp0x5Deku7yPGsFd"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-CNuZdeps9ozRbQxFyTtunlDusHd"><strong style="font-size: 16px;">Example</strong></div><div class="ace-line ace-line old-record-id-Il2GdbCmKoUBc5xH3axu6wKushc"><span style="font-size: 16px;">You open <strong>5,000 BTCUSDT long contracts</strong> at <strong>28,000 USDT</strong> and close at <strong>30,000 USDT</strong>.</span></div><div class="ace-line ace-line old-record-id-S7BydRghKodiwoxsXVvuxpDgsth"><span style="font-size: 16px;">Closing PNL = (30,000 − 28,000) × 5,000 × 0.0001 = <strong>1,000 USDT</strong></span></div><div class="ace-line ace-line old-record-id-GOcZdeKLhoUgjJxwEvgujOTcsxh"><span style="font-size: 16px;"><br></span></div><h3 class="heading-3 ace-line old-record-id-Ddp6dUqAXoHICZxtkqquYkmSs2d"><span style="font-size: 16px;"><strong>3.2 Coin-Margined Futures Closing </strong><strong>PNL</strong></span></h3><div class="ace-line ace-line old-record-id-Ikp5dZziyogLsjxeiu4uaOhlsPR"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-MBtrd7q4Jomm65x8GnGuAbZUsXr"><span style="font-size: 16px;"><strong>Long closing </strong><strong>PNL</strong> = (1 / Average entry price − 1 / Closing price) × Position size × Contract value</span></div><div class="ace-line ace-line old-record-id-UzZzdFNdAoanm8xW2dcuhKkJsuc"><span style="font-size: 16px;"><strong>Short closing </strong><strong>PNL</strong> = (1 / Closing price − 1 / Average entry price) × Position size × Contract value</span></div><div class="ace-line ace-line old-record-id-Xg67dNQo6okgsRxR6sDuAacLswb"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-OOCZd0Dm3otF2bxzO9duMdMaskc"><strong style="font-size: 16px;">Example</strong></div><div class="ace-line ace-line old-record-id-NbF7dyD7EozouIx42I2uepJTsef"><span style="font-size: 16px;">You open <strong>100 BTC coin-margined contracts</strong> (contract value <strong>100 USD</strong>) at <strong>30,000 USDT</strong> and close at <strong>33,000 USDT</strong>.</span></div><div class="ace-line ace-line old-record-id-VbsgdWDr7oLU5ZxNYA1udvZesvb"><span style="font-size: 16px;">Closing PNL = (1/30,000 − 1/33,000) × 100 × 100 = <strong>0.0303 BTC</strong></span></div><div class="ace-line ace-line old-record-id-doxusvT9wr3bg0KKQmy3SeatyVc"><span style="font-size: 16px;"><br></span></div><h2 class="heading-2 ace-line old-record-id-LgAOdninIoDgS4xv84fuXXE7sOf"><strong>4. MEXC Futures Unrealized PNL</strong></h2><div class="ace-line ace-line old-record-id-Q071d6nLToyb6HxVa4Fun9Vgs6c"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-ERlNdixtLoPSS8xf8CsugOhEsIb"><span style="font-size: 16px;">Unrealized PNL reflects the current unrealized profit or loss of an open position. It is calculated using the <strong>fair</strong><strong> price</strong>, not the last traded price.</span></div><div class="ace-line ace-line old-record-id-doxus1qDaQDhAH5s2lOCqbGGvTf"><span style="font-size: 16px;"><br></span></div><h3 class="heading-3 ace-line old-record-id-W3qsdP7DVovyp3xdBsEujbMGs8g"><span style="font-size: 16px;"><strong>4.1 USDT-Margined </strong><strong>Unrealized </strong><strong>PNL</strong></span></h3><div class="ace-line ace-line old-record-id-NzckdASS4oDSvQxMxwMuuXw1s7d"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-KbwfdZj2poxS2yxeUGNuM63GsKc"><span style="font-size: 16px;"><strong>Long </strong><strong>unrealized</strong><strong>PNL</strong> = (Fair price − Average entry price) × Position size × Contract size</span></div><div class="ace-line ace-line old-record-id-YOi4dJowGooON6xqtkhuJsphssf"><span style="font-size: 16px;"><strong>Short </strong><strong>unrealized</strong><strong>PNL</strong> = (Average entry price − Fair price) × Position size × Contract size</span></div><div class="ace-line ace-line old-record-id-doxusngiOi5JIWQHqRKSs213EOg"><span style="font-size: 16px;"><br></span></div><h3 class="heading-3 ace-line old-record-id-KeTpdBznwoQbDOxNISWunFBkssb"><span style="font-size: 16px;"><strong>4.2 Coin-Margined </strong><strong>Unrealized</strong><strong>PNL</strong></span></h3><div class="ace-line ace-line old-record-id-FV9Ad3UnIoMKCDxVCNCu5Ty1sqb"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-Yac1dkoIeof7Nix37HfutCjMs6r"><span style="font-size: 16px;"><strong>Long </strong><strong>unrealized</strong><strong>PNL</strong> = (1 / Average entry price − 1 / Fair price) × Position size × Contract value</span></div><div class="ace-line ace-line old-record-id-InbwdtU8IoYxiMxUZ7huAoGHsEg"><span style="font-size: 16px;"><strong>Short </strong><strong>unrealized</strong><strong>PNL</strong> = (1 / Fair price − 1 / Average entry price) × Position size × Contract value</span></div><div class="ace-line ace-line old-record-id-OKZNdHDDuoOFbjx5zI4ukLBCsnb"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-As1mdjhCUoFMnmxtNLAu6tpSs9g"><strong style="font-size: 16px;">Example</strong></div><div class="ace-line ace-line old-record-id-EgxTdxM7EoozuJx6VLjuyOXXssh"><span style="font-size: 16px;">You hold <strong>8,000 ETHUSDT long contracts</strong>, entry price <strong>2,000 USDT</strong>, fair price <strong>2,200 USDT</strong>, contract size <strong>0.01 ETH</strong>.</span></div><div class="ace-line ace-line old-record-id-ViSidiuJooTjgLxbHycuoMW0sjh"><span style="font-size: 16px;">Unrealized PNL = (2200 − 2000) × 8000 × 0.01 = <strong>16,000 USDT</strong></span></div><div class="ace-line ace-line old-record-id-IO0ddsjQwoVEjwxtcNeujRzLsyd"><span style="font-size: 16px;"><br></span></div><h2 class="heading-2 ace-line old-record-id-TwP7dWlO1ol9hOxkFafue0y5sNh"><strong>5. MEXC Futures ROI and Margin Calculation</strong></h2><div class="ace-line ace-line old-record-id-NTuwdGYUJoxK40xl1pVuY4iisCg"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-DSwrduvf5oguUzxGpJmupLCOsl5"><span style="font-size: 16px;">Understanding ROI and margin helps you better evaluate trading performance and manage risk.</span></div><ul start="1" class="list-bullet1"><li class="ace-line ace-line old-record-id-T1dPda5GdoKSkpxAxt7uGLyMsag" data-list="bullet"><div><span style="font-size: 16px;"><strong>ROI</strong>= PNL / Initial margin</span></div></li><li class="ace-line ace-line old-record-id-NPnCdR2hIo7j9axVaGOuPAGbsnh" data-list="bullet"><div><span style="font-size: 16px;"><strong>Initial margin</strong>= Position value × Initial margin rate</span></div></li><li class="ace-line ace-line old-record-id-F0FIduowfozKjdxprRQuPmF1soc" data-list="bullet"><div><span style="font-size: 16px;"><strong>Initial margin rate</strong>= 1 / Leverage</span></div></li></ul><div class="ace-line ace-line old-record-id-Eyvwdk7qXoMDDux4VvPu4UfGsrd"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-Qu8DdoaJ4oKxmlxeP3JuNGVmsBz"><strong style="font-size: 16px;">Example</strong></div><div class="ace-line ace-line old-record-id-MIrgduDVaouXiYxw1H1u0FJpsWb"><span style="font-size: 16px;">You open a position with <strong>10× </strong><strong>leverage</strong>, with a position value of <strong>10,000 USDT</strong>.</span></div><ul start="1" class="list-bullet1"><li class="ace-line ace-line old-record-id-DHUEdsL0RozwAcxwynDuwEeysbf" data-list="bullet"><div><span style="font-size: 16px;">Initial margin rate = 1 / 10 = <strong>10%</strong> </span></div></li><li class="ace-line ace-line old-record-id-FEVgdKTU5oHEM8xAPnruyaNTsTd" data-list="bullet"><div><span style="font-size: 16px;">Initial margin = 10,000 × 10% = <strong>1,000 USDT</strong></span></div></li><li class="ace-line ace-line old-record-id-GJz7d1Ctqo5r0SxeRdzu5it7sEh" data-list="bullet"><div><span style="font-size: 16px;">If profit = <strong>500 USDT</strong>, ROI = 500 / 1000 = <strong>50%</strong></span></div></li></ul><div class="ace-line ace-line old-record-id-doxusiAGX99AQFwgdtC5aE0JMDb"><span style="font-size: 16px;"><br></span></div><h2 class="heading-2 ace-line old-record-id-ZiLYdquKUoO1uVxVCGYuTb8rsDd"><strong>6. MEXC Futures Bankruptcy Price Calculation</strong></h2><div class="ace-line ace-line old-record-id-WxuWddFQSoqvM0x8S7xu4lm6sHd"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-OjgtdFkJWo6GYbxhc6QupLoVsyh"><span style="font-size: 16px;">The bankruptcy price is the price at which the position margin is fully lost.</span></div><ul start="1" class="list-bullet1"><li class="ace-line ace-line old-record-id-NidudQo58oVFmDxmHW0upA8xspc" data-list="bullet"><div><span style="font-size: 16px;">Long bankruptcy price = (Position value − Position margin) / (Position size × Contract size)</span></div></li><li class="ace-line ace-line old-record-id-CPCrdZStZo7vzRxyctsug3ymsjq" data-list="bullet"><div><span style="font-size: 16px;">Short bankruptcy price = (Position value + Position margin) / (Position size × Contract size)</span></div></li></ul><div class="ace-line ace-line old-record-id-QZD8dxEczoBwl5xR1kPuYGojsDd"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-MfcKdFwzBooyqSxdtHmupkA5s6f"><strong style="font-size: 16px;">Example</strong></div><div class="ace-line ace-line old-record-id-RFXydJpybobfSixt0AmudRDTsxd"><span style="font-size: 16px;">You hold <strong>10,000 BTCUSDT long contracts.</strong></span></div><ul start="1" class="list-bullet1"><li class="ace-line ace-line old-record-id-ODMKdxWcvoSjTlxkkbeuHwLTscg" data-list="bullet"><div><span style="font-size: 16px;">Position value = <strong>3,000 USDT</strong></span></div></li><li class="ace-line ace-line old-record-id-NTDRdxxMXobqYzxBs6duWD6Hs8e" data-list="bullet"><div><span style="font-size: 16px;">Position margin = <strong>300 USDT</strong></span></div></li><li class="ace-line ace-line old-record-id-Wz9WdY3XNoKdWex0ZuAuNUhZsXe" data-list="bullet"><div><span style="font-size: 16px;">Contract size = <strong>0.0001</strong></span></div></li><li class="ace-line ace-line old-record-id-HncSdnuPToaFBrxNrm7uxhjLsNh" data-list="bullet"><div><span style="font-size: 16px;">Bankruptcy price = (3000 − 300) / (10,000 × 0.0001) = <strong>2,700 USDT</strong></span></div></li></ul><div class="ace-line ace-line old-record-id-doxusyJbd1OtbzjS2vI1lYg4ANe"><span style="font-size: 16px;"><br></span></div><h2 class="heading-2 ace-line old-record-id-Ge1ZdqMsWoc9UjxZIFAuIcdfsYe"><strong>7. Full Futures PNL Calculation Example</strong></h2><div class="ace-line ace-line old-record-id-U7utdYgwUoV8gLx9MF3uOt4ysFc"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-G4NhdeygmoBNmNxKZjsuKxLksqg"><span style="font-size: 16px;">Assume a user opens a <strong>long position of 10,000 BTCUSDT perpetual contracts</strong> at <strong>7,000 USDT</strong> as a taker. The taker fee rate is <strong>0.02%</strong>, maker fee rate is <strong>0%</strong>, funding rate is <strong>−0.025%</strong> (long receives), fair price is <strong>7,000 USDT</strong>, and contract size is <strong>0.0001 BTC</strong>.</span></div><div class="ace-line ace-line old-record-id-ModIdr1SZoq05bx0y1Bu7tL2sBn"><span style="font-size: 16px;"><br></span></div><ul start="1" class="list-bullet1"><li class="ace-line ace-line old-record-id-C4j3dR5bQodt8JxseS0uIu8es2b" data-list="bullet"><div><span style="font-size: 16px;">The <strong>opening fee</strong> is: 7000 × 10000 × 0.0001 × 0.02% = <strong>1.4 USDT</strong></span></div></li><li class="ace-line ace-line old-record-id-TwNsdsGttoF4F4xHriOuXH4WsLo" data-list="bullet"><div><span style="font-size: 16px;">The <strong>funding fee</strong> is: 7000 × 10000 × 0.0001 × (−0.025%) = <strong>−1.75 USDT</strong> (received)</span></div></li><li class="ace-line ace-line old-record-id-EFugdskOtoNbHJx0fuCuObmzsBf" data-list="bullet"><div><span style="font-size: 16px;">Assume the user closes the position at <strong>8,000 USDT</strong>(taker). The <strong>closing </strong><strong>PNL</strong> is: (8000 − 7000) × 10000 × 0.0001 = <strong>1000 USDT</strong></span></div></li><li class="ace-line ace-line old-record-id-IaCJdFoygoITjjx2wqauMaBEsze" data-list="bullet"><div><span style="font-size: 16px;">The <strong>closing fee</strong> is: 8000 × 10000 × 0.0001 × 0.02% = <strong>1.6 USDT</strong></span></div></li><li class="ace-line ace-line old-record-id-FVTUdapsloMiXIxxWH2uHu2usVe" data-list="bullet"><div><span style="font-size: 16px;">Therefore, the <strong>total realized </strong><strong>PNL</strong> is: 1000 + 1.75 − 1.4 − 1.6 = <strong>998.75 USDT</strong></span></div></li></ul><div class="ace-line ace-line old-record-id-WxGCdtPJ2ogVfBx01b8ulwy3sWc"><span style="font-size: 16px;"><br></span></div><h2 class="heading-2 ace-line old-record-id-FKZCdPy9voJN7ixaUyhuSn9is3e"><strong>8. MEXC Maximum Contracts Calculation</strong></h2><div class="ace-line ace-line old-record-id-KXk6dSA3ko47DUxw3SRu1ROHs7f"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-ZgypdZyTYo5vmQxbVrsudItAscc"><span style="font-size: 16px;">Before opening a position, understanding how to calculate the maximum number of contracts helps you plan position size more effectively.</span></div><div class="ace-line ace-line old-record-id-doxusyUjXuSdXhJdy6dfQa83ZPc"><span style="font-size: 16px;"><br></span></div><h3 class="heading-3 ace-line old-record-id-Fx7RdhRzHo5onAxjzXfudDRxsPd"><strong style="font-size: 16px;">8.1 USDT-Margined Futures Maximum Contracts</strong></h3><div class="ace-line ace-line old-record-id-Cl5Sd2kUuoMPSGxBlheug3Jns8f"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-RjGJdHg25oQYQixdyZWubNT6sch"><span style="font-size: 16px;">Maximum contracts = Initial margin × Leverage / Contract size / Entry price</span></div><div class="ace-line ace-line old-record-id-NXG8dTtudoSeoyxGhCnup97zszd"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-VYQvdkfAdoejPyx4D19uqcmVsRe"><strong style="font-size: 16px;">Example</strong></div><div class="ace-line ace-line old-record-id-Q7Tedw4UGonpxpxFXoEuU3mcsJf"><span style="font-size: 16px;">You have <strong>1,000 USDT margin</strong>, use <strong>20× </strong><strong>leverage</strong>, entry price <strong>30,000 USDT</strong>, contract size <strong>0.0001</strong>.</span></div><ul start="1" class="list-bullet1"><li class="ace-line ace-line old-record-id-Y4KUd6b6loEVXUx5KAPubPhfs4d" data-list="bullet"><div><span style="font-size: 16px;">Maximum contracts = 1000 × 20 / 0.0001 / 30000 = <strong>6,666.67 contracts</strong></span></div></li></ul><div class="ace-line ace-line old-record-id-doxusK868JX0ba8MbRGMjI2ut6f"><span style="font-size: 16px;"><br></span></div><h3 class="heading-3 ace-line old-record-id-X3yvdriOCoSpBDxxevIuk8alswg"><strong style="font-size: 16px;">8.2 Coin-Margined Futures Maximum Contracts</strong></h3><div class="ace-line ace-line old-record-id-U2j8dp9XRofoIDxfCcUuy7HUsec"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-Fs5sdTQBgoVdjYxArLMukZygsGh"><span style="font-size: 16px;">Maximum contracts = Order cost × Leverage × Average entry price / Contract value</span></div><div class="ace-line ace-line old-record-id-ZdIndh8CboIu5uxUXTTuuQNYsRd"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-TAp8dCQrUo4Lijxy8IJuO2rMsDe"><strong style="font-size: 16px;">Example</strong></div><div class="ace-line ace-line old-record-id-WTTOdngkioRcLOxw3x4uRFFksac"><span style="font-size: 16px;">You have <strong>0.1 BTC margin</strong>, use <strong>10× </strong><strong>leverage</strong>, entry price <strong>30,000 USDT</strong>, contract value <strong>100 USD</strong>.</span></div><ul start="1" class="list-bullet1"><li class="ace-line ace-line old-record-id-HtdUdOSftomOoox75XzuB9Hqsyh" data-list="bullet"><div><span style="font-size: 16px;">Maximum contracts = 0.1 × 10 × 30000 / 100 = <strong>300 contracts</strong></span></div></li></ul><div class="ace-line ace-line old-record-id-doxusJGocK55chn1Sca3rFNad1b"><span style="font-size: 16px;"><br></span></div><h2 class="heading-2 ace-line old-record-id-PlwndYAcuoReT7xb0QAuhfZVsvc"><strong>9. MEXC Average Entry Price Calculation (After Adding to a Position)</strong></h2><div class="ace-line ace-line old-record-id-B5vidLjHaoefYMxyoysuLCins4f"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-BFMwdV6ImoDBHNxscpdu1K0BsJb"><span style="font-size: 16px;">When you add to an existing position, the average entry price must be recalculated.</span></div><div class="ace-line ace-line old-record-id-doxusqziPLn6YZEtSiWPm4dnn5f"><span style="font-size: 16px;"><br></span></div><h3 class="heading-3 ace-line old-record-id-R4kbdjV1boG73MxJcduuIppAsUg"><strong style="font-size: 16px;">9.1 USDT-Margined Futures Average Entry Price</strong></h3><div class="ace-line ace-line old-record-id-V6GSdMzwPo00ojxrQZZuZnGGsUc"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-Q7GEd3LVoo4sL5xKsFHuvQNOs5e"><span style="font-size: 16px;">New average entry price = (Original average price × Original position size + New entry price × New position size) / (Original position size + New position size)</span></div><div class="ace-line ace-line old-record-id-YrBNdmdE8oHz4ExYq40uJrmts4c"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-PcfQdFI3joQPdQx4utOu4LVdsMc"><strong style="font-size: 16px;">Example</strong></div><div class="ace-line ace-line old-record-id-Nnx4db2wqoFGmmxh3TBuW7y3sQm"><span style="font-size: 16px;">Your original position is <strong>5,000 long contracts at 29,000 USDT.</strong></span></div><ul start="1" class="list-bullet1"><li class="ace-line ace-line old-record-id-QZpAdfpXRo61U9xn99uuQyjRsZf" data-list="bullet"><div><span style="font-size: 16px;">Add <strong>3,000 contracts at 31,000 USDT</strong></span></div></li><li class="ace-line ace-line old-record-id-PHVVdaP5uo1QPjxVvi7utWnbsgc" data-list="bullet"><div><span style="font-size: 16px;"><strong>New average price</strong> = (29000 × 5000 + 31000 × 3000) / (5000 + 3000) = <strong>29,750 USDT</strong></span></div></li></ul><div class="ace-line ace-line old-record-id-doxusGT03iSqh1K2njHj6PEoMuh"><span style="font-size: 16px;"><br></span></div><h3 class="heading-3 ace-line old-record-id-RZ84dng21oD9plxqancuWWJwsJg"><strong style="font-size: 16px;">9.2 Coin-Margined Futures Average Entry Price</strong></h3><div class="ace-line ace-line old-record-id-Wb2VdtlgFoP6PExGV4yuQHdKsRe"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-YKA2dLizPozrpRxRbdDucJqEsgd"><span style="font-size: 16px;">New average entry price = (Original position size + New position size) / (Original position size / Original average price + New position size / New entry price)</span></div><div class="ace-line ace-line old-record-id-CA9pdAGrxo4wqfxHcvou5sdKspd"><span style="font-size: 16px;"><br></span></div><div style="white-space:pre;" class="ace-line ace-line old-record-id-UODOd5PavoUTroxlsF3uC4yzs2g"><span style="font-size: 16px;"><strong>Example</strong> Your original position is <strong>100 contracts at 30,000 USDT.</strong></span></div><ul start="1" class="list-bullet1"><li class="ace-line ace-line old-record-id-Hml1dNbsdoNFf0xmCTKuM2tXsJg" data-list="bullet"><div><span style="font-size: 16px;">Add <strong>50 contracts at 32,000 USDT</strong></span></div></li><li class="ace-line ace-line old-record-id-Et8WdmPBaoVjqLxC4zyu4scnsDg" data-list="bullet"><div><span style="font-size: 16px;">New average price = (100 + 50) / (100 / 30000 + 50 / 32000) = <strong>30,638.3 USDT</strong></span></div></li></ul><div class="ace-line ace-line old-record-id-doxusxhfTYGoE4DVGsiQPa8ycOb"><span style="font-size: 16px;"><br></span></div><h2 class="heading-2 ace-line old-record-id-doxuslbQGlymM1nRuFj0DVSkFyd"><strong>10. MEXC USDT-Margined Contract Unit Conversion</strong></h2><div class="ace-line ace-line old-record-id-MwiJd2R3toF8YGxgwnfuh5cxsPd"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-doxus2wt0sFLoYw9PMRZljINgzf"><span style="font-size: 16px;">The following examples assume a contract size of 0.0001.</span></div><div><table class="ace-table" data-ace-table-col-widths="133;298;508" style="border:none;border-collapse:collapse;table-layout:fixed;width:500px;"><colgroup><col width="133"><col width="298"><col width="508"></colgroup><tbody><tr style="height:39px;"><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-doxusLdk5TsMc742HZa3VIWdHIc"><strong style="font-size: 16px;">Scenario</strong></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-doxusE0VZxmU1IZLaE7borpLjjc"><strong style="font-size: 16px;">Formula</strong></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-doxusE7I42kfnuqnMsAdDApjUXd"><strong style="font-size: 16px;">Example</strong></div></td></tr><tr style="height:39px;"><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: top; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-LIbJdCNWBoPG59xwlpDuUvU5sog"><span style="font-size: 16px;">Contracts → USDT</span></div><div style="text-align:center" class="ace-line ace-line old-record-id-BgdJdCPvHojiJ9xEjFCum1qLsWf"><span style="font-size: 16px;"><br></span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: top; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-KVpEdd7yLo9ErkxICt2uD8jesBb"><span style="font-size: 16px;">USDT = Position size × Contract size × Current price</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: top; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-VtvxdYqgooy7lYxHdgkuHKwRsLc"><span style="font-size: 16px;"><strong>Given:</strong> Position size = 23,405; Current Price = 27,076.2 </span></div><div style="text-align:center" class="ace-line ace-line old-record-id-MNnVdKX8goMBw3xtTzXuKVivsDf"><span style="font-size: 16px;"><strong>USDT</strong> = 23,405 × 0.0001 × 27,076.2 = <strong>63,371.8461 USDT</strong></span></div><div class="ace-line ace-line old-record-id-XMjGd2WjAogTZSxzSixu5d6xsid"><span style="font-size: 16px;"><br></span></div></td></tr><tr style="height:39px;"><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: top; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-UA9nd6t9QovLW0xhh5GuCL1isLi"><span style="font-size: 16px;">USDT → Contracts</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: top; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-JC5WdAuuxoWxQBxIYeGu73pIs4c"><span style="font-size: 16px;">Contracts = Position value / Current price / Contract size</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: top; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-BpkXdj2EQooKT2xiToquspkzsZf"><span style="font-size: 16px;"><strong>Given:</strong> Position value = 63,371.8461 USDT; Current Price = 27,076.2</span></div><div style="text-align:center" class="ace-line ace-line old-record-id-XZvfd4aROoU4KwxTgmLubd5Ussf"><span style="font-size: 16px;"><strong>Position size</strong><strong> (Contracts)</strong> = 63,371.8461 / 27,076.2 / 0.0001 = <strong>23,405</strong></span></div></td></tr><tr style="height:39px;"><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: top; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-Suczdcf9Lo7G1MxnbaeuV6QxsUc"><span style="font-size: 16px;">Contracts → Coin</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: top; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-OoO3dLxgQo3FRLxiLBXucRZfspe"><span style="font-size: 16px;">Coin amount = Position size × Contract size</span></div><div class="ace-line ace-line old-record-id-Eu4OdbELLo5kIZxMQLFuHyw0sEf"><span style="font-size: 16px;"><br></span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: top; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-J8wtdJypFoWCnTx5Rjmu6tnXsdd"><span style="font-size: 16px;"><strong>Given:</strong> Position size = 183</span></div><div style="text-align:center" class="ace-line ace-line old-record-id-ObFuddA0wopWYIxie9ruDlHlsQe"><span style="font-size: 16px;"><strong>Coin amount</strong> = 183 × 0.0001 = <strong>0.0183 BTC</strong></span></div></td></tr><tr style="height:39px;"><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: top; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-DIH8dPPZjoCoeixk2iUuqHWNsgc"><span style="font-size: 16px;">Coin → Contracts</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: top; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-I2EndBEjyoLUijx2IrrujnXPsLe"><span style="font-size: 16px;">Position size = Coin amount / Contract size</span></div><div class="ace-line ace-line old-record-id-WfSgdpFBGoyW6Vxt20YuTLWnsOe"><span style="font-size: 16px;"><br></span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: top; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-Dn48duJ9ooyE0Pxh1CvuhoB4s0d"><span style="font-size: 16px;"><strong>Given:</strong> Coin amount = 0.0183 BTC</span></div><div style="text-align:center" class="ace-line ace-line old-record-id-He0ndhZ62o4D8AxOdbluVZcvsFd"><span style="font-size: 16px;"><strong>Position size</strong><strong> (</strong><strong>Contracts</strong><strong>)</strong> = 0.0183 / 0.0001 = <strong>183</strong></span></div></td></tr></tbody></table></div><div class="ace-line ace-line old-record-id-A0NjdfnkeoIGKExKaQlu6jeDseh"><span style="font-size: 16px;"><br></span></div><h2 class="heading-2 ace-line old-record-id-PcdudB1GWod05ax8EQfuYqAysZ9"><strong>11. MEXC Coin-Margined Contract Unit Conversion</strong></h2><div class="ace-line ace-line old-record-id-FHVjdvhKLoHyOixapcJug5RKsMb"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-VIdQdyNKaoDSnbxKX4UuebOIsyf"><span style="font-size: 16px;">The following example assumes a contract value of 10 ETH.</span></div><div><table class="ace-table" data-ace-table-col-widths="152;246;422" style="border:none;border-collapse:collapse;table-layout:fixed;width:500px;"><colgroup><col width="152"><col width="246"><col width="422"></colgroup><tbody><tr style="height:39px;"><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-XIwHdGRlMoEna0xXC2WuhK5lsRd"><strong style="font-size: 16px;">Scenario</strong></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-ZvNvdLRJModCqBx4IDquRNgosob"><strong style="font-size: 16px;">Formula</strong></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-Am9ddI3RXoCJKdxxlGquX1jwsId"><strong style="font-size: 16px;">Example</strong></div></td></tr><tr style="height:39px;"><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: top; font-size: 10pt;"><div class="ace-line ace-line old-record-id-CZnWdbtXdolns3xSvJzuTctksLe"><span style="font-size: 16px;">Coin amount → Contracts</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: top; font-size: 10pt;"><div class="ace-line ace-line old-record-id-TsYYdL0oco1MuMx4XtYu8UYwsAb"><span style="font-size: 16px;">Position size = Coin amount × Current Price / Contract value</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: top; font-size: 10pt;"><div class="ace-line ace-line old-record-id-S19mdwAG0oAt4bxduktuLQwdszd"><span style="font-size: 16px;"><strong>Given:</strong> Coin amount = 0.19 ETH; Current Price = 3,100 USDT</span></div><div class="ace-line ace-line old-record-id-FkCIdo4XBoKIHmx6X1ZuvNHls7e"><span style="font-size: 16px;"><strong>Position size</strong> = 0.19 × 3100 / 10 = 58.9 contracts</span></div></td></tr></tbody></table></div><div class="ace-line ace-line old-record-id-doxuszzMaH4Ufro93aPEIXu66Ag"><span style="font-size: 16px;"><br></span></div><h2 class="heading-2 ace-line old-record-id-doxusjYU4ANHU1kFoAiEWtb4x3p"><strong>12. MEXC Futures Account Asset Calculation</strong></h2><div class="ace-line ace-line old-record-id-HIOPdqshColZalxt84MuxYxhske"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-doxusdvZfFg0bGDDRpw7E0nmcI2"><span style="font-size: 16px;">Understanding how account assets are calculated helps you manage funds and control risk more effectively.</span></div><ul start="1" class="list-bullet1"><li class="ace-line ace-line old-record-id-DXn8dlVWloWQ0lxe7mouUALhsMf" data-list="bullet"><div><span style="font-size: 16px;">Wallet balance = Bonus balance + Net transfers + Realized PNL</span></div></li><li class="ace-line ace-line old-record-id-QwgMd3fHFo26xGxcWHeuNLAasmf" data-list="bullet"><div><span style="font-size: 16px;">Available balance = Wallet balance − Position margin − Order margin</span></div></li></ul><div class="ace-line ace-line old-record-id-EVJVdIrvBoSehQxVrzPuldfYs7c"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-LHaBdQRZBoVtTLxyS4muJ5wYsGe"><span style="font-size: 16px;">Available margin is calculated differently depending on whether auto-margin addition is supported:</span></div><ul start="1" class="list-bullet1"><li class="ace-line ace-line old-record-id-McnBd7jLkomGS4x2E4duTaYbsge" data-list="bullet"><div><span style="font-size: 16px;">If not supported: Available margin = Available balance − Unrealized loss</span></div></li><li class="ace-line ace-line old-record-id-doxusszcygxdCCvnt2K06Aw8thm" data-list="bullet"><div><span style="font-size: 16px;">If supported: Available margin = Available balance + Unrealized PNL</span></div></li></ul><div class="ace-line ace-line old-record-id-doxusvC6Pxs67HBIZqmWpxNdoEb"><span style="font-size: 16px;"><br></span></div><div style="white-space:pre;" class="ace-line ace-line old-record-id-HyPddPrpKo3A98xYyAeuYRVrsuc"><span style="font-size: 16px;"><strong>Example</strong> Your wallet balance is <strong>5,000 USDT</strong>, position margin is <strong>2,000 USDT</strong>, order margin is <strong>500 USDT</strong>, and the current unrealized profit is <strong>300 USDT</strong>. If auto-margin addition is supported:</span></div><ul start="1" class="list-bullet1"><li class="ace-line ace-line old-record-id-Dw81dTZwao7FCpxJR1UufVGQsZf" data-list="bullet"><div><span style="font-size: 16px;">Available margin = (5000 − 2000 − 500) + 300 = <strong>2,800 USDT</strong>.</span></div></li></ul><div class="ace-line ace-line old-record-id-doxusSSyU6n1ct5hQRwbneIFtK3"><span style="font-size: 16px;"><br></span></div><h3 class="heading-3 ace-line old-record-id-doxusuifgT4ZFN82Ox4X7pZdTbb"><span style="font-size: 16px;">Recommended Readings:</span></h3><ul start="1" class="list-bullet1"><li class="ace-line ace-line old-record-id-doxusAQXIhZ8JDWx94uHyCB4Bjh" data-list="bullet"><div><a data-lark-is-custom="true" href="https://www.mexc.com/support/article/mexc-margin-calculation-guide-312054740132052992" style="font-size: 16px;">MEXC Margin Calculation Guide: Initial Margin, Maintenance Margin, and Liquidation Price Explained</a></div></li><li class="ace-line ace-line old-record-id-doxusT0Xijs5dIOA9c7zg0R2pph" data-list="bullet"><div><a href="https://www.mexc.com/support/article/how-to-trade-futures-on-the-mexc-app-305421274812529664" data-lark-is-custom="true" style="font-size: 16px;">How to Trade Futures on the MEXC App</a></div></li><li class="ace-line ace-line old-record-id-doxusqDFYpnv9Cf8sOrKWhSpoTg" data-list="bullet"><div><a href="https://www.mexc.com/support/article/how-to-trade-futures-on-mexc-web-305423980641926144" data-lark-is-custom="true" style="font-size: 16px;">How to Trade Futures on MEXC Web</a></div></li><li class="ace-line ace-line old-record-id-doxusSkFWFygJKgKyFjFw2E4Ljb" data-list="bullet"><div><a href="https://www.mexc.com/support/article/mexc-futures-funding-rate-305432020820705280" data-lark-is-custom="true" style="font-size: 16px;">MEXC Futures Funding Rate: Calculation Methods and How to View Funding Rates</a></div></li><li class="ace-line ace-line old-record-id-LscPdT3FPoiSf8xzPHiumOeqsEg" data-list="bullet"><div><a href="https://www.mexc.com/support/article/futures-trading-page-terminology-guide-7951093588505" data-lark-is-custom="true" style="font-size: 16px;">Futures Trading Page Terminology Guide</a></div></li></ul><div class="ace-line ace-line old-record-id-doxusWpfJPTZPGpiSdnYqXlxtKb"><span style="font-size: 16px;"><br></span></div></div>lg...

<div data-page-id="TrW4d6r4JoVD1cxS6O5uIKmPsqb" data-lark-html-role="root" data-docx-has-block-data="true"><h2 class="heading-2 ace-line old-record-id-doxus8C3tgpYUGBguw91MPnCXQc"><strong>1. What are USDT-Margined Futures?</strong></h2><div class="ace-line ace-line old-record-id-doxusPTkEbifQLGpdrbb0ubb4Lg"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-V6HHdtjjZo68dZxMsOhuK0mkstb"><span style="font-size: 16px;">USDT-margined futures (also called linear contracts) are futures contracts that are priced and settled in stablecoins such as <a data-lark-is-custom="true" href="https://www.mexc.com/price/tether">USDT</a> or USDC. On MEXC, USDT and <a data-lark-is-custom="true" href="https://www.mexc.com/price/USDC">USDC</a> are used as both the margin and settlement currency.</span></div><div class="ace-line ace-line old-record-id-IcVvd4pNuovZa9xksfDuDYcYsdf"><span style="font-size: 16px;">The main advantage is that profits and losses are easy to understand in fiat terms.</span></div><div class="ace-line ace-line old-record-id-N0LDdRqXlo7qthxZR8Xuo8j4sBb"><span style="font-size: 16px;"> For example, if you earn 100 USDT from trading a USDT-margined contract, that is roughly equivalent to 100 USD. No complex conversions are required.</span></div><div class="ace-line ace-line old-record-id-doxusklmRhFX6kUAiWdzoTxjhXb"><span style="font-size: 16px;"><br></span></div><h2 class="heading-2 ace-line old-record-id-doxusRMZsL47lEU3WDs1pJecMBg"><strong>2. What Are Coin-Margined Futures?</strong></h2><div class="ace-line ace-line old-record-id-doxustKlmULJlhtYrjtbv2rtMMf"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-doxusjEWjramPRV1obBM8ydjFVd"><span style="font-size: 16px;">Coin-margined futures (also called inverse contracts) are settled in the underlying cryptocurrency, such as BTC, ETH, or <a data-lark-is-custom="true" href="https://www.mexc.com/price/XRP">XRP</a>. Traders do not need stablecoins as margin and can instead use the corresponding cryptocurrency directly.</span></div><div class="ace-line ace-line old-record-id-Le0bdEuOPoZ4tqxSNzeuEP8fsrd"><span style="font-size: 16px;">MEXC currently offers multiple coin-margined contracts, including BTC and <a data-lark-is-custom="true" href="https://www.mexc.com/price/ETH">ETH</a>. The key advantage is capital efficiency. You can trade futures while holding your crypto, without converting it into stablecoins.</span></div><div class="ace-line ace-line old-record-id-doxusRnfHu42BT73RqafohLi7Qg"><span style="font-size: 16px;"><br></span></div><h2 class="heading-2 ace-line old-record-id-doxusjfHjZ91ercdplOnPCXGvVc"><strong>3. What Is the Difference Between USDT-Margined and Coin-Margined Futures?</strong></h2><div class="ace-line ace-line old-record-id-doxusrJY2ACEMNnlOMmA9YhoxPf"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-GFR4dhKv6oJVapxovM4uoBiesMc"><strong style="font-size: 16px;">Settlement currency</strong></div><ul start="1" class="list-bullet1"><li class="ace-line ace-line old-record-id-L760dHtAXoOWwhxbVymutoxPsIe" data-list="bullet"><div><span style="font-size: 16px;">USDT-margined futures are settled in stablecoins such as USDT or USDC.</span></div></li><li class="ace-line ace-line old-record-id-ZGjrdv6lzoqE5SxBQu8um5ZLsj3" data-list="bullet"><div><span style="font-size: 16px;">Coin-margined futures are settled in cryptocurrencies such as BTC or ETH.</span></div></li></ul><div class="ace-line ace-line old-record-id-AQMxddk8vod9uVx5e2ouSY5Js5c"><strong style="font-size: 16px;">Margin requirements</strong></div><ul start="1" class="list-bullet1"><li class="ace-line ace-line old-record-id-T0oBdMgyfoUd4Dxfu0xu9rw0sdh" data-list="bullet"><div><span style="font-size: 16px;">USDT-margined futures use stablecoins as margin.</span></div></li><li class="ace-line ace-line old-record-id-DdzPdri3Ko4unyxTkj8ucrLjsZe" data-list="bullet"><div><span style="font-size: 16px;">Coin-margined futures use cryptocurrencies as margin.</span></div></li></ul><div style="white-space:pre;" class="ace-line ace-line old-record-id-Q84BdIGYLoRTsmxHGqzuE7sWszh"><span style="font-size: 16px;"><strong>Shared features</strong> Both contract types:</span></div><ul start="1" class="list-bullet1"><li class="ace-line ace-line old-record-id-RN1jdYOQVoOJWYxqV7ru6334s8g" data-list="bullet"><div><span style="font-size: 16px;">have no position holding time limit</span></div></li><li class="ace-line ace-line old-record-id-YhGhdJ1OJoa043xo61nugy9Isvb" data-list="bullet"><div><span style="font-size: 16px;">support both isolated and cross margin modes</span></div></li></ul><div class="ace-line ace-line old-record-id-UIVLd2G19oEofJxxWzkuneMosUc"><span style="font-size: 16px;">This provides traders with flexible trading options.</span></div><div class="ace-line ace-line old-record-id-doxusFugvybDMBIfqinRjidBhkb"><span style="font-size: 16px;"><br></span></div><h2 class="heading-2 ace-line old-record-id-doxusqmdh8e4AmhiX8mBkvuD2Qd"><strong>4. What Are the Advantages of USDT-Margined Futures?</strong></h2><div class="ace-line ace-line old-record-id-doxusuaHEMZavlSj2POnLfToWPf"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-Tzovd4Yuho8ZeGxu4Mdup5hzshb"><span style="font-size: 16px;">If you mainly hold stablecoins and do not hold other cryptocurrencies, USDT-margined futures may be the better choice. The MEXC USDT-margined market offers hundreds of trading pairs, with leverage up to 500x.</span></div><div class="ace-line ace-line old-record-id-XU0UdboadocGIqx3tbsu9OBEsW6"><span style="font-size: 16px;">Another key benefit is clearer profit and loss calculation. Because stablecoins are pegged to USD, traders can easily track actual performance, making risk management and capital planning more straightforward.</span></div><div class="ace-line ace-line old-record-id-doxustMBC2221su4tp8kF36FGvg"><span style="font-size: 16px;"><br></span></div><h2 class="heading-2 ace-line old-record-id-doxusHyykRlyF46b4yI3miobvs7"><strong>5. What Are the Advantages of Coin-Margined Futures?</strong></h2><div class="ace-line ace-line old-record-id-doxusisbJFXMPeYYFnL3FmR5wAg"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-JUjmdt9SJorNtGxu9GKuJmbKsyh"><span style="font-size: 16px;">Coin-margined futures are especially attractive for long-term crypto holders. You can hedge or trade without converting your assets into stablecoins, avoiding potential conversion costs or slippage.</span></div><div class="ace-line ace-line old-record-id-DPX3dc1kBocCPfxuvy9uMVVNskc"><span style="font-size: 16px;">During bull markets, profits are paid in cryptocurrency. This means gains directly increase your long-term holdings of the asset you believe in, supporting both capital growth and value preservation.</span></div><div class="ace-line ace-line old-record-id-doxusRhgX1Eya5JylvC4KI8ujCb"><span style="font-size: 16px;"><br></span></div><h2 class="heading-3 ace-line old-record-id-EFt7di3TyoYB0FxInM4uhvDmseb"><strong>6. Which Is Riskier: USDT-Margined or Coin-Margined Futures?</strong></h2><div class="heading-3 ace-line old-record-id-TmZodZZ6voUheEx7pipuCUIxsWs"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-EJIUdRS1HoBxCcxQTf9u0Fmms2g"><span style="font-size: 16px;">Coin-margined futures involve <strong>dual exposure</strong> to price volatility. When you go long and the market moves in your favor, you benefit both from the contract profit and the increase in the value of the underlying cryptocurrency.</span></div><div class="ace-line ace-line old-record-id-BDIFd3NZvoWoHKxFzpSuogG5sSc"><span style="font-size: 16px;">USDT-margined futures are generally easier to manage from a risk perspective because profits and losses are denominated in stablecoins. They may be more suitable for traders with lower risk tolerance or those who want more predictable returns.</span></div><div class="ace-line ace-line old-record-id-doxusnzQbH0J6V1gdCjeSHnHrwc"><span style="font-size: 16px;"><br></span></div><h2 class="heading-2 ace-line old-record-id-doxusHCq3c4xuwCQKOazCmc8D5c"><strong>7. Can I Switch Between USDT-Margined and Coin-Margined Futures at Any Time?</strong></h2><div class="ace-line ace-line old-record-id-doxusLjCWVd3Ho1xgGOsglkEYSg"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-OERjdV9XrouTdpxTdk0uBHHzs65"><span style="font-size: 16px;">You can freely choose which contracts to trade and switch between USDT-margined and coin-margined products.</span></div><div class="ace-line ace-line old-record-id-A0nmdICSho0fZsxBr5ourjhIspe"><span style="font-size: 16px;">However, positions cannot be converted directly between the two. To switch contract types, you must close your current position and open a new one manually.</span></div><div class="ace-line ace-line old-record-id-E3EadcJQnoAUP4xXftdu9eVasuf"><span style="font-size: 16px;">MEXC currently offers hundreds of USDT-margined contracts and dozens of coin-margined contracts (including BTC and ETH), supporting different trading needs and strategies.</span></div><div class="ace-line ace-line old-record-id-doxus1x0Q92IMKHCqrCtAqtGFQe"><span style="font-size: 16px;"><br></span></div><h2 class="heading-2 ace-line old-record-id-doxusN0VGd8cQl4Ddbcraovu9xg"><strong>8. How Do I Select USDT-Margined or Coin-Margined Futures on the Trading Platform?</strong></h2><div class="ace-line ace-line old-record-id-doxusmFNuwWqmEbWWpIXCpeTc4b"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-doxustCyUjKw2ns4JblKYsND5hd"><strong style="font-size: 16px;">Web:</strong></div><div class="ace-line ace-line old-record-id-doxuslwZpBV9ivCRT063xPiMEbc"><span style="font-size: 16px;">1) <a data-lark-is-custom="true" href="https://www.mexc.com/">MEXC website</a> → top navigation → <strong>Futures</strong> → select <strong>USDT-M Futures</strong>, <strong>USDC-M Futures</strong> or <strong>Coin-M Futures</strong></span></div><div class="ace-line ace-line old-record-id-Owvbdu6s1oNM1nxefinulydDsjf"><span style="font-size: 16px;">2) On the <a data-lark-is-custom="true" href="https://www.mexc.com/futures/BTC_USDT">Futures trading page</a> → click the dropdown button next to the trading pair → select <strong>USDT-Margined / USDC-Margined</strong> or <strong>Coin-Margined</strong></span></div><div class="ace-line ace-line old-record-id-doxusDGPsFbgzQ6mRzgrLxrkGie"><span style="font-size: 16px;"><br></span></div><div style="text-align:center" data-type="image" data-ace-gallery-json="{&quot;items&quot;:[{&quot;uuid&quot;:&quot;2c6ff71c-b174-41a2-892b-f6540d341568&quot;,&quot;height&quot;:1466,&quot;width&quot;:2934,&quot;currHeight&quot;:1466,&quot;currWidth&quot;:2934,&quot;natrualHeight&quot;:1466,&quot;natrualWidth&quot;:2934,&quot;pluginName&quot;:&quot;imageUpload&quot;,&quot;scale&quot;:1,&quot;src&quot;:&quot;https%3A%2F%2Finternal-api-drive-stream.larksuite.com%2Fspace%2Fapi%2Fbox%2Fstream%2Fdownload%2Fpreview%2FLnUTbNSZuow30SxDmhmu5PVnsFg%2F%3Fpreview_type%3D16&quot;,&quot;file_token&quot;:&quot;LnUTbNSZuow30SxDmhmu5PVnsFg&quot;,&quot;image_type&quot;:&quot;image/png&quot;,&quot;size&quot;:1339230,&quot;comments&quot;:[]}]}" class="image-uploaded gallery old-record-id-doxusx5YOFs64B59yYSZ3DtfcBe"><img src="https://mexc-rainbown-activityimages.s3.ap-northeast-1.amazonaws.com/banner/F20260220142550355EyWePGB2Xccmc5.png" data-single-block="true" data-snapshot="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" data-suite="eyJmaWxlVG9rZW4iOiJMblVUYk5TWnVvdzMwU3hEbWhtdTVQVm5zRmciLCJvYmpUeXBlIjoiZG9jeCIsIm9ialRva2VuIjoiZG94dXN4NVlPRnM2NEI1OXlZU1ozRHRmY0JlIiwib3JpZ2luU3JjIjoiaHR0cHM6Ly9pbnRlcm5hbC1hcGktZHJpdmUtc3RyZWFtLmxhcmtzdWl0ZS5jb20vc3BhY2UvYXBpL2JveC9zdHJlYW0vZG93bmxvYWQvcHJldmlldy9MblVUYk5TWnVvdzMwU3hEbWhtdTVQVm5zRmcvP3ByZXZpZXdfdHlwZT0xNiJ9" data-src="https://internal-api-drive-stream.larksuite.com/space/api/box/stream/download/all/LnUTbNSZuow30SxDmhmu5PVnsFg/?mount_node_token=doxusx5YOFs64B59yYSZ3DtfcBe&amp;mount_point=docx_image" data-width="2934" data-height="1466" data-lark-image-uri="drivetoken://LnUTbNSZuow30SxDmhmu5PVnsFg" data-lark-image-width="2934" data-lark-image-height="1466" data-host-from-cloud="true" style="max-width: 100%; height: auto; border-radius: 12px; font-size: 16px; width: 750px;"></div><div class="ace-line ace-line old-record-id-doxusMs1pQUfOouMABk5vv2EwQg"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-doxusf9BWvwGZYzsX0gx9Lopn9f"><strong style="font-size: 16px;">App:</strong></div><div class="ace-line ace-line old-record-id-doxusjOjxrfeUnWsRIpl7DwDesh"><span style="font-size: 16px;">MEXC App → <strong>Futures</strong> → select <strong>USDT-M</strong>, <strong>USDC-M</strong> or <strong>COIN-M</strong></span></div><div class="ace-line ace-line old-record-id-doxusN0MxdE3UtZFdJbVvvjUpMh"><span style="font-size: 16px;"><br></span></div><div style="text-align:center" data-type="image" data-ace-gallery-json="{&quot;items&quot;:[{&quot;uuid&quot;:&quot;466cb2dd-5499-4a2c-8c09-35be87f8787e&quot;,&quot;height&quot;:539.7946963216424,&quot;width&quot;:260,&quot;currHeight&quot;:539.7946963216424,&quot;currWidth&quot;:260,&quot;natrualHeight&quot;:2427,&quot;natrualWidth&quot;:1169,&quot;pluginName&quot;:&quot;imageUpload&quot;,&quot;scale&quot;:0.22241231822070145,&quot;src&quot;:&quot;https%3A%2F%2Finternal-api-drive-stream.larksuite.com%2Fspace%2Fapi%2Fbox%2Fstream%2Fdownload%2Fpreview%2FYEfubdvC5o1qjxx2MVzulkiEsDc%2F%3Fpreview_type%3D16&quot;,&quot;file_token&quot;:&quot;YEfubdvC5o1qjxx2MVzulkiEsDc&quot;,&quot;image_type&quot;:&quot;image/png&quot;,&quot;size&quot;:431262,&quot;comments&quot;:[]}]}" class="image-uploaded gallery old-record-id-doxusZ3IQkvjVJ9GJAwIRmk4ePb"><img src="https://mexc-rainbown-activityimages.s3.ap-northeast-1.amazonaws.com/banner/F20260220142550902MWqfWN1t0sY7be.png" data-single-block="true" data-snapshot="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" data-suite="eyJmaWxlVG9rZW4iOiJZRWZ1YmR2QzVvMXFqeHgyTVZ6dWxraUVzRGMiLCJvYmpUeXBlIjoiZG9jeCIsIm9ialRva2VuIjoiZG94dXNaM0lRa3ZqVko5R0pBd0lSbWs0ZVBiIiwib3JpZ2luU3JjIjoiaHR0cHM6Ly9pbnRlcm5hbC1hcGktZHJpdmUtc3RyZWFtLmxhcmtzdWl0ZS5jb20vc3BhY2UvYXBpL2JveC9zdHJlYW0vZG93bmxvYWQvcHJldmlldy9ZRWZ1YmR2QzVvMXFqeHgyTVZ6dWxraUVzRGMvP3ByZXZpZXdfdHlwZT0xNiJ9" data-src="https://internal-api-drive-stream.larksuite.com/space/api/box/stream/download/all/YEfubdvC5o1qjxx2MVzulkiEsDc/?mount_node_token=doxusZ3IQkvjVJ9GJAwIRmk4ePb&amp;mount_point=docx_image" data-width="1169" data-height="2427" data-lark-image-uri="drivetoken://YEfubdvC5o1qjxx2MVzulkiEsDc" data-lark-image-width="1169" data-lark-image-height="2427" data-host-from-cloud="true" style="max-width: 100%; height: auto; border-radius: 12px; font-size: 16px; width: 300px;"></div><div class="ace-line ace-line old-record-id-doxusgiuQr0Q7xoOLrJYti2D03f"><span style="font-size: 16px;"><br></span></div><h3 class="heading-3 ace-line old-record-id-doxusoA7iDt1GVsJXIh88vIkW0b"><span style="font-size: 16px;">Recommended Reading</span></h3><ul start="1" class="list-bullet1"><li class="ace-line ace-line old-record-id-OSjQdKJqjoZRf2xQlXquckjfsjc" data-list="bullet"><div><a data-lark-is-custom="true" href="https://www.mexc.com/support/article/futures-trading-faq-305425827477864448" style="font-size: 16px;">Futures Trading FAQ: Complete Beginner’s Guide</a></div></li><li class="ace-line ace-line old-record-id-X7vldgspLo3sUSxAeYlumpZcsVd" data-list="bullet"><div><a href="https://www.mexc.com/support/article/futures-trading-page-terminology-guide-7951093588505" data-lark-is-custom="true" style="font-size: 16px;">Explanation of Terms on the Futures Trading Page</a></div></li><li class="ace-line ace-line old-record-id-LcZcdj1bRoY8yZxdYLcuwZQ7sNb" data-list="bullet"><div><a href="https://www.mexc.com/support/article/a-complete-guide-to-futures-information-terminology-305436590665908224" data-lark-is-custom="true" style="font-size: 16px;">Glossary of Futures Trading Terms</a></div></li><li class="ace-line ace-line old-record-id-XbRrdG3FFoEdUyxD2L7u9wLXs5g" data-list="bullet"><div><a href="https://www.mexc.com/support/article/how-to-trade-futures-on-the-mexc-app-305421274812529664" data-lark-is-custom="true" style="font-size: 16px;">How to Trade Futures on MEXC App</a></div></li><li class="ace-line ace-line old-record-id-SbJBdicd2oBaVQxyvsmu6G3fssg" data-list="bullet"><div><a href="https://www.mexc.com/support/article/how-to-trade-futures-on-mexc-web-305423980641926144" data-lark-is-custom="true" style="font-size: 16px;">How to Trade Futures on MEXC Web</a></div></li></ul><div class="ace-line ace-line old-record-id-doxusQDgE2DgLzVJAm4lc5J6zPe"><span style="font-size: 16px;"><br></span></div></div>lg...

<div data-page-id="NXOHdBFu8oL5qjxnHICu99XfsSg" data-lark-html-role="root" data-docx-has-block-data="true"><h2 class="heading-2 ace-line old-record-id-doxustRZAeqOEUgjNegWuL8e7Ad"><strong>1. What Are One-Way Mode and Hedge Mode?</strong></h2><div class="ace-line ace-line old-record-id-doxus14eAFlX6Hzv4ASu52vRV2d"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-doxusQFHxJpfghsiYcf2pjxa5cd"><span style="font-size: 16px;">In crypto futures trading, <strong>One-Way Mode</strong> means you can only hold a position in one direction per contract. You cannot hold both long and short positions at the same time for the same trading pair.</span></div><div class="ace-line ace-line old-record-id-doxusbXU8a2WGgipiH2b3eZUipd"><span style="font-size: 16px;"><strong>Hedge Mode</strong> allows you to hold both long and short positions simultaneously on the same contract. The system records each position separately, and profit and loss (PNL) is calculated independently for each direction.</span></div><div class="ace-line ace-line old-record-id-XkFjdyjaFoaV5zx9QvtuxcqIs0b"><span style="font-size: 16px;"><br></span></div><h2 class="heading-2 ace-line old-record-id-doxusQFbEsFzE3c24dFF4e5B9zN"><strong>2. What Are the Characteristics of One-Way Mode?</strong></h2><div class="ace-line ace-line old-record-id-doxusM6mGEZ7twFFMCKNAbWpu2e"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-TwB8dkeY2ov2iVxBrNMuGl9esje"><span style="font-size: 16px;"><strong>Single-direction positions only: </strong>You can hold only one directional position at a time. If you place an order in the opposite direction, the system will offset your existing position.</span></div><div class="ace-line ace-line old-record-id-AHZtdYEI9o0FezxSmEDuSWNBsDe"><span style="font-size: 16px;"><strong>Simplified trading strategy: </strong>Focusing on a single market view makes strategies clearer and more straightforward.</span></div><div class="ace-line ace-line old-record-id-UBvld4MrDo3k4Ex3O2QuYmGksea"><span style="font-size: 16px;"><strong>Faster entry and exit: </strong>Orders can be executed quickly without managing opposing positions, improving trading efficiency.</span></div><div class="ace-line ace-line old-record-id-doxusrBT042Az0OZB2mM2MkAXTb"><span style="font-size: 16px;"><br></span></div><h2 class="heading-2 ace-line old-record-id-doxusMgsUgRGApRQ3XBOeVbBD2e"><strong>3. What Are the Characteristics of Hedge Mode?</strong></h2><div class="ace-line ace-line old-record-id-Rd0UdEqAeo7wbTxwOWwuoi5lswg"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-X6Rvd4IJkolVXhxYFQGui8ZisCf"><span style="font-size: 16px;"><strong>Simultaneous long and short positions:</strong> You can hold both long and short positions on the same trading pair.</span></div><div class="ace-line ace-line old-record-id-CdZldKxZ5odmrXxbvokuWNyfs1c"><span style="font-size: 16px;"><strong>Flexible strategy execution:</strong> Allows you to balance exposure or adjust long and short positions based on market conditions.</span></div><div class="ace-line ace-line old-record-id-Mstqd2Xtao9K3gxoOcKuH6ylsz7"><span style="font-size: 16px;"><strong>Risk hedging:</strong> Maintaining positions in both directions helps manage uncertainty and volatility, reducing overall exposure to sudden price swings.</span></div><div class="ace-line ace-line old-record-id-doxusQLD0224HHzJljvpwywvoUc"><span style="font-size: 16px;"><br></span></div><h2 class="heading-2 ace-line old-record-id-doxusstBtu4rO8Gwu5OaHUV1NTg"><strong>4. What Are the Key Differences Between One-Way Mode and Hedge Mode?</strong></h2><div class="ace-line ace-line old-record-id-doxusmbwJFv7o4tAEbKJt2INozg"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-NZHNd2heioxSUDxZKEpuvGvuswe"><strong style="font-size: 16px;">Position direction</strong></div><ul start="1" class="list-bullet1"><li class="ace-line ace-line old-record-id-AQJxdfOCFoxDIQxROFBuu82DsXd" data-list="bullet"><div><span style="font-size: 16px;">One-Way Mode: only long or short, not both.</span></div></li><li class="ace-line ace-line old-record-id-EUt7dyoD3oAVl4xNmeMu7WousPh" data-list="bullet"><div><span style="font-size: 16px;">Hedge Mode: long and short simultaneously.</span></div></li></ul><div class="ace-line ace-line old-record-id-V3Ygd9LovogrE4xmvqIut1SxsKc"><strong style="font-size: 16px;">Strategy complexity</strong></div><ul start="1" class="list-bullet1"><li class="ace-line ace-line old-record-id-U7SGdjlo6o3AZZxWDByuXUBdscg" data-list="bullet"><div><span style="font-size: 16px;">One-Way Mode is simpler and easier to manage.</span></div></li><li class="ace-line ace-line old-record-id-NiufdtI8wozgx3xMLZTuEB01sfc" data-list="bullet"><div><span style="font-size: 16px;">Hedge Mode requires managing two separate positions, margins, and risks.</span></div></li></ul><div class="ace-line ace-line old-record-id-Zk8bdRp8toitNHxdq3HuTStJsbc"><strong style="font-size: 16px;">Flexibility</strong></div><ul start="1" class="list-bullet1"><li class="ace-line ace-line old-record-id-MtZPdcuLxoW1Y7xFedtuuxG7sxM" data-list="bullet"><div><span style="font-size: 16px;">One-Way Mode offers limited flexibility and does not support hedging strategies that require both directions.</span></div></li><li class="ace-line ace-line old-record-id-HIAfdGqyeokLHfxK9nnu7KBQsFd" data-list="bullet"><div><span style="font-size: 16px;">Hedge Mode supports advanced strategies such as hedging and profit locking.</span></div></li></ul><div class="ace-line ace-line old-record-id-UrBndpkhPoswZhxC9aPu3HHMsGb"><strong style="font-size: 16px;">Execution speed</strong></div><ul start="1" class="list-bullet1"><li class="ace-line ace-line old-record-id-UUseds1BboVsNDxPJZtu3Vl4shf" data-list="bullet"><div><span style="font-size: 16px;">One-Way Mode generally enables faster entry and exit.</span></div></li><li class="ace-line ace-line old-record-id-G8sZdQNhIoJZ99xtbmwuzdEIs5g" data-list="bullet"><div><span style="font-size: 16px;">Hedge Mode may require additional steps for complex strategies.</span></div></li></ul><div class="ace-line ace-line old-record-id-NOvwdmuiJo4hSRxCissuWYazsKh"><strong style="font-size: 16px;">Risk characteristics</strong></div><ul start="1" class="list-bullet1"><li class="ace-line ace-line old-record-id-Rpt0dq7RPo8kCTxg3B4u0BnxsIe" data-list="bullet"><div><span style="font-size: 16px;">One-Way Mode concentrates risk and returns in a single direction.</span></div></li><li class="ace-line ace-line old-record-id-EWSsd2JeTozSijxhgQ6uuuDusTh" data-list="bullet"><div><span style="font-size: 16px;">Hedge Mode can diversify risk but requires more advanced capital management.</span></div></li></ul><div class="ace-line ace-line old-record-id-doxusf5WwciFq5ld0y8cQBiK9hb"><span style="font-size: 16px;"><br></span></div><h2 class="heading-2 ace-line old-record-id-doxusOILD1MGO39TQ0mJZSnVhpc"><strong>5. When Should I Use One-Way Mode or Hedge Mode?</strong></h2><div class="ace-line ace-line old-record-id-doxus8vn4wwW8LVhVCSXAbFDuid"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-W87JdlcBLoWa2dxSl4aur1LBswe"><span style="font-size: 16px;"><strong>One-Way Mode is suitable for:</strong> Beginner traders, trend-following strategies, and those who prefer simple position management. It works best when you have a clear directional market view.</span></div><div class="ace-line ace-line old-record-id-VEYfdZlAQolUaXxFoDRuc4LMs09"><span style="font-size: 16px;"><strong>Hedge Mode is suitable for:</strong> Experienced traders, arbitrage strategies, and long-term risk management. It is useful when market direction is uncertain or volatility is high.</span></div><div class="ace-line ace-line old-record-id-doxus7Jrbjp4x4CozmjMJjpa6kJ"><span style="font-size: 16px;"><br></span></div><h2 class="heading-2 ace-line old-record-id-doxussG7adeFM0vWfg2F7e5Shhf"><span style="font-size: 16px;">6. How Do I Set One-Way Mode or Hedge Mode on MEXC?</span></h2><div class="ace-line ace-line old-record-id-MeSsdHHmTobJDPxXlNtuJ3G9sSc"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-RNdhd59o8oV9s4xcfiUuJmwhsff"><strong style="font-size: 16px;">Web:</strong></div><div class="ace-line ace-line old-record-id-ZDeZdV5UPo1nvJxFcuYuJlcZsI3"><span style="font-size: 16px;"><a data-lark-is-custom="true" href="https://www.mexc.com/">MEXC website</a> → <strong><a data-lark-is-custom="true" href="https://www.mexc.com/futures/BTC_USDT">Futures Trading</a></strong> → <strong>⚙ Settings</strong> → <strong>Position Mode</strong> → select <strong>Hedge Mode</strong> or <strong>One-Way Mode</strong></span></div><p><br></p><div style="text-align:center" data-type="image" data-ace-gallery-json="{&quot;items&quot;:[{&quot;uuid&quot;:&quot;9b6203dd-6af4-4c61-9a7d-6d5a6f26f500&quot;,&quot;height&quot;:1396,&quot;width&quot;:2002,&quot;currHeight&quot;:1396,&quot;currWidth&quot;:2002,&quot;natrualHeight&quot;:1396,&quot;natrualWidth&quot;:2002,&quot;pluginName&quot;:&quot;imageUpload&quot;,&quot;scale&quot;:1,&quot;src&quot;:&quot;https%3A%2F%2Finternal-api-drive-stream.larksuite.com%2Fspace%2Fapi%2Fbox%2Fstream%2Fdownload%2Fpreview%2FDdxUbXBpvotFbVxNTqlupfhdsDd%2F%3Fpreview_type%3D16&quot;,&quot;file_token&quot;:&quot;DdxUbXBpvotFbVxNTqlupfhdsDd&quot;,&quot;image_type&quot;:&quot;image/png&quot;,&quot;size&quot;:303456,&quot;comments&quot;:[]}]}" class="image-uploaded gallery old-record-id-doxusGCLgaeZ1qv3aqP1Tn80IQe"><img src="https://mexc-rainbown-activityimages.s3.ap-northeast-1.amazonaws.com/banner/F2026022014092760645x3krHWEmMKHO.png" data-single-block="true" data-snapshot="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" data-suite="eyJmaWxlVG9rZW4iOiJEZHhVYlhCcHZvdEZiVnhOVHFsdXBmaGRzRGQiLCJvYmpUeXBlIjoiZG9jeCIsIm9ialRva2VuIjoiZG94dXNHQ0xnYWVaMXF2M2FxUDFUbjgwSVFlIiwib3JpZ2luU3JjIjoiaHR0cHM6Ly9pbnRlcm5hbC1hcGktZHJpdmUtc3RyZWFtLmxhcmtzdWl0ZS5jb20vc3BhY2UvYXBpL2JveC9zdHJlYW0vZG93bmxvYWQvcHJldmlldy9EZHhVYlhCcHZvdEZiVnhOVHFsdXBmaGRzRGQvP3ByZXZpZXdfdHlwZT0xNiJ9" data-src="https://internal-api-drive-stream.larksuite.com/space/api/box/stream/download/all/DdxUbXBpvotFbVxNTqlupfhdsDd/?mount_node_token=doxusGCLgaeZ1qv3aqP1Tn80IQe&amp;mount_point=docx_image" data-width="2002" data-height="1396" data-lark-image-uri="drivetoken://DdxUbXBpvotFbVxNTqlupfhdsDd" data-lark-image-width="2002" data-lark-image-height="1396" data-host-from-cloud="true" style="max-width: 100%; height: auto; border-radius: 12px; font-size: 16px; width: 750px;"></div><div class="ace-line ace-line old-record-id-doxusbVKRAYkqTSpoonlQinLeOh"><span style="font-size: 16px;"><br></span></div><div style="white-space:pre;" class="ace-line ace-line old-record-id-FeoqduYNooppQwxIxxtuWEqasN9"><span style="font-size: 16px;"><strong>App:</strong> MEXC App → <strong>Futures</strong> → <strong>...</strong> → <strong>Preferences</strong> → <strong>Position Mode</strong> → select <strong>Hedge Mode</strong> or <strong>One-Way Mode</strong></span></div><p><br></p><div style="text-align:center" data-type="image" data-ace-gallery-json="{&quot;items&quot;:[{&quot;uuid&quot;:&quot;4a99afa8-1773-4019-9e2f-29a8d4a2714d&quot;,&quot;height&quot;:2486,&quot;width&quot;:6030,&quot;currHeight&quot;:2486,&quot;currWidth&quot;:6030,&quot;natrualHeight&quot;:2486,&quot;natrualWidth&quot;:6030,&quot;pluginName&quot;:&quot;imageUpload&quot;,&quot;scale&quot;:1,&quot;src&quot;:&quot;https%3A%2F%2Finternal-api-drive-stream.larksuite.com%2Fspace%2Fapi%2Fbox%2Fstream%2Fdownload%2Fpreview%2FABH9bx2UCov5lWx1coNuW5DZsjO%2F%3Fpreview_type%3D16&quot;,&quot;file_token&quot;:&quot;ABH9bx2UCov5lWx1coNuW5DZsjO&quot;,&quot;image_type&quot;:&quot;image/png&quot;,&quot;size&quot;:3564206,&quot;comments&quot;:[]}]}" class="image-uploaded gallery old-record-id-doxusdU760jnKSnlbFce38S30Yg"><img src="https://mexc-rainbown-activityimages.s3.ap-northeast-1.amazonaws.com/banner/F20260220140930203kYK96SvQRxHE5c.png" data-single-block="true" data-snapshot="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" data-suite="eyJmaWxlVG9rZW4iOiJBQkg5YngyVUNvdjVsV3gxY29OdVc1RFpzak8iLCJvYmpUeXBlIjoiZG9jeCIsIm9ialRva2VuIjoiZG94dXNkVTc2MGpuS1NubGJGY2UzOFMzMFlnIiwib3JpZ2luU3JjIjoiaHR0cHM6Ly9pbnRlcm5hbC1hcGktZHJpdmUtc3RyZWFtLmxhcmtzdWl0ZS5jb20vc3BhY2UvYXBpL2JveC9zdHJlYW0vZG93bmxvYWQvcHJldmlldy9BQkg5YngyVUNvdjVsV3gxY29OdVc1RFpzak8vP3ByZXZpZXdfdHlwZT0xNiJ9" data-src="https://internal-api-drive-stream.larksuite.com/space/api/box/stream/download/all/ABH9bx2UCov5lWx1coNuW5DZsjO/?mount_node_token=doxusdU760jnKSnlbFce38S30Yg&amp;mount_point=docx_image" data-width="6030" data-height="2486" data-lark-image-uri="drivetoken://ABH9bx2UCov5lWx1coNuW5DZsjO" data-lark-image-width="6030" data-lark-image-height="2486" data-host-from-cloud="true" style="max-width: 100%; height: auto; border-radius: 12px; font-size: 16px; width: 750px;"></div><div class="ace-line ace-line old-record-id-doxusmojeagqvEFc3nJxoYxlLhc"><span style="font-size: 16px;"><br></span></div><div style="white-space:pre;" class="ace-line ace-line old-record-id-doxus8ppAiOi1aj8UCIwnamYv3d"><span style="font-size: 16px;"><strong>Important:</strong> If you currently have open orders or positions, you cannot change the position mode. You must cancel all orders or close all positions first.</span></div><div class="ace-line ace-line old-record-id-FucjdsK5uo2dadxBtl7urg78sPh"><span style="font-size: 16px;"><br></span></div><h2 class="heading-2 ace-line old-record-id-doxusluKklFrz4E4wRjMwUwTHMc"><strong>7. Which Is Better: One-Way Mode or Hedge Mode?</strong></h2><p><br></p><div class="ace-line ace-line old-record-id-doxusxx4t0DBmWlWdSPwA6mRLbf"><span style="font-size: 16px;">Both modes are designed for different trading strategies and risk preferences. The best choice depends on your trading experience, strategy requirements, and risk tolerance.</span></div><div class="ace-line ace-line old-record-id-doxusHOSxdIjvpQMNb1ar5r0N5c"><span style="font-size: 16px;"><br></span></div><h2 class="heading-2 ace-line old-record-id-doxuscICioCymtT0tarJxWZz50e"><strong>8. What Happens If I Place an Opposite Order in One-Way Mode?</strong></h2><p><br></p><div class="ace-line ace-line old-record-id-G9lDdrCS7oNO6oxT4ceubSrdsjb"><span style="font-size: 16px;">If you hold a long position and place a short order, the system will offset your long position automatically.</span></div><div class="ace-line ace-line old-record-id-U3dNd2XXyoG77mxCrrxuG2JLs4e"><span style="font-size: 16px;">If the short order size exceeds the existing long position, the long position will be fully closed and a new short position will be opened for the remaining amount.</span></div><div class="ace-line ace-line old-record-id-doxusP5kq4MyzVEdEQrvw7ONgug"><span style="font-size: 16px;"><br></span></div><h2 class="heading-2 ace-line old-record-id-doxusO766MO2tJXWwXPxiOEzBCg"><strong>9. Can Hedge Mode Be Used for Risk Hedging?</strong></h2><p><br></p><div class="ace-line ace-line old-record-id-doxusnDkDRwA3UpiC0CqyN28aph"><span style="font-size: 16px;">Yes. One of the main advantages of Hedge Mode is risk hedging. By holding both long and short positions, traders can reduce overall exposure during uncertain market conditions.</span></div><div class="ace-line ace-line old-record-id-doxusv5oB5fJ5ae7rhojPLtC60g"><span style="font-size: 16px;"><br></span></div><h2 class="heading-2 ace-line old-record-id-doxus2HThg1rWUqd32f89wp7pOd"><strong>10. Are There Restrictions When Switching Position Modes?</strong></h2><p><br></p><div class="ace-line ace-line old-record-id-doxusj2r6JRfydHtrbtjyk7G5pg"><span style="font-size: 16px;">Yes. If you have open orders or active positions, you cannot switch position modes. All orders must be canceled and all positions must be closed before changing modes.</span></div><div class="ace-line ace-line old-record-id-doxusHdYViw8dlhKUIKoGzZRZXd"><span style="font-size: 16px;"><br></span></div><h2 class="heading-2 ace-line old-record-id-doxus3ZjEUBFvO6m2OxmN2UYZZb"><strong>11. Does Hedge Mode Require More Margin?</strong></h2><p><br></p><div class="ace-line ace-line old-record-id-doxusm5etAXVAsIkoL9BZo1CD1e"><span style="font-size: 16px;">Yes. Since you hold two positions simultaneously, margin is required for both directions. This may increase margin requirements and capital usage.</span></div><div class="ace-line ace-line old-record-id-doxusVoDMdrfnRZFK2coIC4Ij2c"><span style="font-size: 16px;"><br></span></div><h2 class="heading-2 ace-line old-record-id-doxusy4ZlnpNZfcqEtF3UFgnHTf"><strong>12. Which Position Mode Should Beginners Choose?</strong></h2><p><br></p><div class="ace-line ace-line old-record-id-doxusvLSAmoSWNG2M7bI9SDKpMf"><span style="font-size: 16px;">Beginners are generally recommended to start with One-Way Mode. It is simpler, easier to manage, and helps traders focus on market direction.</span></div><div class="ace-line ace-line old-record-id-doxushorNCjqz5JHBhCEIbA7krh"><span style="font-size: 16px;"><br></span></div><h2 class="heading-2 ace-line old-record-id-doxusqohDTcm0OLbwxRwu1CX0Fe"><strong>13. Is Hedge Mode Better for Short-Term or Long-Term Trading?</strong></h2><p><br></p><div class="ace-line ace-line old-record-id-doxuszol6J3nJ13HmTj8EIYmcRg"><span style="font-size: 16px;">Hedge Mode can be used in multiple scenarios, including short-term arbitrage and long-term risk management. It is particularly useful in volatile or sideways markets, or when hedging is required.</span></div><div class="ace-line ace-line old-record-id-doxusoZq3ZBwylyK6lcPuMqVndh"><span style="font-size: 16px;"><br></span></div><h3 class="heading-3 ace-line old-record-id-YOS2duVCoo77Q8xEdzmuqRXJsDf"><span style="font-size: 16px;">Recommended Reading</span></h3><ul start="1" class="list-bullet1"><li class="ace-line ace-line old-record-id-Kj3Fd1ANkoMHtDxCRRzumkttsZe" data-list="bullet"><div><a data-lark-is-custom="true" href="https://www.mexc.com/support/article/futures-trading-faq-305425827477864448" style="font-size: 16px;">Futures Trading FAQ: Complete Beginner’s Guide</a></div></li><li class="ace-line ace-line old-record-id-UvM3dJVz3ohqLUxltjwuPR0OsHd" data-list="bullet"><div><a href="https://www.mexc.com/support/article/futures-trading-page-terminology-guide-7951093588505" data-lark-is-custom="true" style="font-size: 16px;">Explanation of Terms on the Futures Trading Page</a></div></li><li class="ace-line ace-line old-record-id-OReRdA1Uyo4QwzxxDJzui6QVsIe" data-list="bullet"><div><a href="https://www.mexc.com/support/article/a-complete-guide-to-futures-information-terminology-305436590665908224" data-lark-is-custom="true" style="font-size: 16px;">Glossary of Futures Trading Terms</a></div></li><li class="ace-line ace-line old-record-id-LpeJdb3Y2ownuKxECo7ufVlbshf" data-list="bullet"><div><a href="https://www.mexc.com/support/article/how-to-trade-futures-on-the-mexc-app-305421274812529664" data-lark-is-custom="true" style="font-size: 16px;">How to Trade Futures on MEXC App</a></div></li><li class="ace-line ace-line old-record-id-Dpa9dAJkSoxkbZxXvVzuZSDNsIf" data-list="bullet"><div><a href="https://www.mexc.com/support/article/how-to-trade-futures-on-mexc-web-305423980641926144" data-lark-is-custom="true" style="font-size: 16px;">How to Trade Futures on MEXC Web</a></div></li></ul><div class="ace-line ace-line old-record-id-KLY8dHLX2oh2H5x16Pou7r2Osyb"><span style="font-size: 16px;"><br></span></div></div>lg...

<div data-page-id="MI2SdRaT6o2ALlxKdBguxZEwsyf" data-lark-html-role="root" data-docx-has-block-data="true"><div class="ace-line ace-line old-record-id-doxusjcvmVaql3yzV2jfs2tA3Bm"><span style="font-size: 16px;">Beginner users who are new to futures trading may find many of the professional terms on the MEXC Futures Trading page unfamiliar and may not be sure what they represent. On the MEXC Futures trading page, detailed information is provided for each trading pair. In this article, we will use the USDT-M BTCUSDT Futures trading pair as an example.</span></div><div class="ace-line ace-line old-record-id-doxusTnd8k7eAlsHepyKLOxHSad"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-CwX7dAcyxonxXTxscdMupHBisJd"><span style="font-size: 16px;">Visit the <a data-lark-is-custom="true" href="https://www.mexc.com/">MEXC official website</a> and log in to your account. Then, click <strong>Futures</strong> in the navigation bar to enter the Futures trading page.</span></div><div class="ace-line ace-line old-record-id-doxusCO0N6TXlNTt8Mres2XYXKh"><span style="font-size: 16px;"><br></span></div><div style="text-align:center" data-type="image" data-ace-gallery-json="{&quot;items&quot;:[{&quot;uuid&quot;:&quot;d1107a45-390c-4d3f-9a48-8dc7f8ef56fe&quot;,&quot;height&quot;:1364,&quot;width&quot;:2932,&quot;currHeight&quot;:1364,&quot;currWidth&quot;:2932,&quot;natrualHeight&quot;:1364,&quot;natrualWidth&quot;:2932,&quot;pluginName&quot;:&quot;imageUpload&quot;,&quot;scale&quot;:1,&quot;src&quot;:&quot;https%3A%2F%2Finternal-api-drive-stream.larksuite.com%2Fspace%2Fapi%2Fbox%2Fstream%2Fdownload%2Fpreview%2FWKONbql6lohdoixHJsuuO31HsXg%2F%3Fpreview_type%3D16&quot;,&quot;file_token&quot;:&quot;WKONbql6lohdoixHJsuuO31HsXg&quot;,&quot;image_type&quot;:&quot;image/png&quot;,&quot;size&quot;:413929,&quot;comments&quot;:[]}]}" class="image-uploaded gallery old-record-id-doxusJvvr4Ek85FdcRSEy4j1pmg"><img src="https://mexc-rainbown-activityimages.s3.ap-northeast-1.amazonaws.com/banner/F20260216130429076HycXU8xW5kzqlo.png" data-single-block="true" data-snapshot="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" data-suite="eyJmaWxlVG9rZW4iOiJXS09OYnFsNmxvaGRvaXhISnN1dU8zMUhzWGciLCJvYmpUeXBlIjoiZG9jeCIsIm9ialRva2VuIjoiZG94dXNKdnZyNEVrODVGZGNSU0V5NGoxcG1nIiwib3JpZ2luU3JjIjoiaHR0cHM6Ly9pbnRlcm5hbC1hcGktZHJpdmUtc3RyZWFtLmxhcmtzdWl0ZS5jb20vc3BhY2UvYXBpL2JveC9zdHJlYW0vZG93bmxvYWQvcHJldmlldy9XS09OYnFsNmxvaGRvaXhISnN1dU8zMUhzWGcvP3ByZXZpZXdfdHlwZT0xNiJ9" data-src="https://internal-api-drive-stream.larksuite.com/space/api/box/stream/download/all/WKONbql6lohdoixHJsuuO31HsXg/?mount_node_token=doxusJvvr4Ek85FdcRSEy4j1pmg&amp;mount_point=docx_image" data-width="2932" data-height="1364" data-lark-image-uri="drivetoken://WKONbql6lohdoixHJsuuO31HsXg" data-lark-image-width="2932" data-lark-image-height="1364" data-host-from-cloud="true" style="max-width: 100%; height: auto; border-radius: 12px; font-size: 16px; width: 750px;"></div><div class="ace-line ace-line old-record-id-doxuswSiSqVLw1H4ew51DmnVare"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-EUa7dRU5DoT21IxczoAuOZjjsDf"><span style="font-size: 16px;">Search for and select the BTCUSDT Futures trading pair, then click <strong>Trading Rules</strong> → <strong>View all futures trading rules</strong> to enter the <strong>Futures Details </strong><strong><a data-lark-is-custom="true" href="https://www.mexc.com/futures/information/contract_detail">Information</a></strong> page.</span></div><div class="ace-line ace-line old-record-id-doxusUXPuFYZAX5ANgJuO1jrnHc"><span style="font-size: 16px;"><br></span></div><div style="text-align:center" class="ace-line ace-line old-record-id-doxusoSPfSb46Slqb9J1ju0Cs9f"><span style="font-size: 16px;">*BTN-View Futures Information Details&amp;BTNURL=<a data-lark-is-custom="true" href="https://www.mexc.com/futures/information/contract_detail">https://www.mexc.com/futures/information/contract_detail</a>*</span></div><div class="ace-line ace-line old-record-id-doxusoZzfRV0I9bjAtfro7I5cyc"><span style="font-size: 16px;"><br></span></div><div style="text-align:center" data-type="image" data-ace-gallery-json="{&quot;items&quot;:[{&quot;uuid&quot;:&quot;6642ac6a-83e3-43ce-b4b7-ef0a668ca87a&quot;,&quot;height&quot;:1416,&quot;width&quot;:2938,&quot;currHeight&quot;:1416,&quot;currWidth&quot;:2938,&quot;natrualHeight&quot;:1416,&quot;natrualWidth&quot;:2938,&quot;pluginName&quot;:&quot;imageUpload&quot;,&quot;scale&quot;:1,&quot;src&quot;:&quot;https%3A%2F%2Finternal-api-drive-stream.larksuite.com%2Fspace%2Fapi%2Fbox%2Fstream%2Fdownload%2Fpreview%2FICYabeRb7o7whixh3zquu013syg%2F%3Fpreview_type%3D16&quot;,&quot;file_token&quot;:&quot;ICYabeRb7o7whixh3zquu013syg&quot;,&quot;image_type&quot;:&quot;image/png&quot;,&quot;size&quot;:746090,&quot;comments&quot;:[]}]}" class="image-uploaded gallery old-record-id-doxus2f2MkhXuLBuUJfFFd6D0bc"><img src="https://mexc-rainbown-activityimages.s3.ap-northeast-1.amazonaws.com/banner/F20260216130428537AePeLKAW1O7rm8.png" data-single-block="true" data-snapshot="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" data-suite="eyJmaWxlVG9rZW4iOiJJQ1lhYmVSYjdvN3doaXhoM3pxdXUwMTNzeWciLCJvYmpUeXBlIjoiZG9jeCIsIm9ialRva2VuIjoiZG94dXMyZjJNa2hYdUxCdVVKZkZGZDZEMGJjIiwib3JpZ2luU3JjIjoiaHR0cHM6Ly9pbnRlcm5hbC1hcGktZHJpdmUtc3RyZWFtLmxhcmtzdWl0ZS5jb20vc3BhY2UvYXBpL2JveC9zdHJlYW0vZG93bmxvYWQvcHJldmlldy9JQ1lhYmVSYjdvN3doaXhoM3pxdXUwMTNzeWcvP3ByZXZpZXdfdHlwZT0xNiJ9" data-src="https://internal-api-drive-stream.larksuite.com/space/api/box/stream/download/all/ICYabeRb7o7whixh3zquu013syg/?mount_node_token=doxus2f2MkhXuLBuUJfFFd6D0bc&amp;mount_point=docx_image" data-width="2938" data-height="1416" data-lark-image-uri="drivetoken://ICYabeRb7o7whixh3zquu013syg" data-lark-image-width="2938" data-lark-image-height="1416" data-host-from-cloud="true" style="max-width: 100%; height: auto; border-radius: 12px; font-size: 16px; width: 750px;"></div><div class="ace-line ace-line old-record-id-doxusRxvwB0IRqGr6MepuDeiEJh"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-AJ0md0ApsouFNTxu9zSusVv2sAf"><span style="font-size: 16px;">Select the first tab, <strong>Futures Details</strong>. This page displays detailed Futures information for the <strong>BTCUSDT</strong> Perpetual Futures trading pair. You can also use the dropdown menu to select other trading pairs and view their corresponding Futures details.</span></div><div class="ace-line ace-line old-record-id-doxusjsrzvlu5PWtGq4aF2zdnHh"><span style="font-size: 16px;"><br></span></div><div style="text-align:center" data-type="image" data-ace-gallery-json="{&quot;items&quot;:[{&quot;uuid&quot;:&quot;b5fc9d2d-7e86-4bf5-bef8-0cabfa01ab09&quot;,&quot;height&quot;:2632,&quot;width&quot;:2932,&quot;currHeight&quot;:2632,&quot;currWidth&quot;:2932,&quot;natrualHeight&quot;:2632,&quot;natrualWidth&quot;:2932,&quot;pluginName&quot;:&quot;imageUpload&quot;,&quot;scale&quot;:1,&quot;src&quot;:&quot;https%3A%2F%2Finternal-api-drive-stream.larksuite.com%2Fspace%2Fapi%2Fbox%2Fstream%2Fdownload%2Fpreview%2FQP5VbAM3togxQ9xS3uqu7TAKsng%2F%3Fpreview_type%3D16&quot;,&quot;file_token&quot;:&quot;QP5VbAM3togxQ9xS3uqu7TAKsng&quot;,&quot;image_type&quot;:&quot;image/png&quot;,&quot;size&quot;:679950,&quot;comments&quot;:[]}]}" class="image-uploaded gallery old-record-id-doxustteVSLrlGK0YpAcqbLn1p5"><img src="https://mexc-rainbown-activityimages.s3.ap-northeast-1.amazonaws.com/banner/F20260216130429151Q2mVyV9ZoKbMxC.png" data-single-block="true" data-snapshot="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" data-suite="eyJmaWxlVG9rZW4iOiJRUDVWYkFNM3RvZ3hROXhTM3VxdTdUQUtzbmciLCJvYmpUeXBlIjoiZG9jeCIsIm9ialRva2VuIjoiZG94dXN0dGVWU0xybEdLMFlwQWNxYkxuMXA1Iiwib3JpZ2luU3JjIjoiaHR0cHM6Ly9pbnRlcm5hbC1hcGktZHJpdmUtc3RyZWFtLmxhcmtzdWl0ZS5jb20vc3BhY2UvYXBpL2JveC9zdHJlYW0vZG93bmxvYWQvcHJldmlldy9RUDVWYkFNM3RvZ3hROXhTM3VxdTdUQUtzbmcvP3ByZXZpZXdfdHlwZT0xNiJ9" data-src="https://internal-api-drive-stream.larksuite.com/space/api/box/stream/download/all/QP5VbAM3togxQ9xS3uqu7TAKsng/?mount_node_token=doxustteVSLrlGK0YpAcqbLn1p5&amp;mount_point=docx_image" data-width="2932" data-height="2632" data-lark-image-uri="drivetoken://QP5VbAM3togxQ9xS3uqu7TAKsng" data-lark-image-width="2932" data-lark-image-height="2632" data-host-from-cloud="true" style="max-width: 100%; height: auto; border-radius: 12px; font-size: 16px; width: 750px;"></div><div class="ace-line ace-line old-record-id-doxusHhGxBnmnp2PIKa1Nr9gi8g"><span style="font-size: 16px;"><br></span></div><h2 class="heading-2 ace-line old-record-id-MvNJdzB6qoQRp9xh8Ddu1YAxsxg"><strong>1. Basic Futures Information</strong></h2><div class="ace-line ace-line old-record-id-doxusJhFKwblXi6nil0AoGZY0Kc"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-P1ccd49EYo5fZ2xT6sJuN2aDsWf"><span style="font-size: 16px;"><strong>Perpetual Futures:</strong> Evolved from traditional financial futures, perpetual futures differ in that they do not have a settlement or expiration date. As long as a position is not liquidated, it will not be closed automatically.</span></div><div class="ace-line ace-line old-record-id-doxusujafLimW0f3Iefq43MJJeb"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-AIAydkS2noddqhxAGZeuXlvlsDd"><span style="font-size: 16px;"><strong>Index Price:</strong> A composite price index calculated using a weighted average of prices from major exchanges. The index price displayed on this page is the BTC Index Price, which references prices from Bybit, HTX, and MEXC.</span></div><div class="ace-line ace-line old-record-id-doxusaDabzOGeK5KTjTBdJr5Pib"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-IC2Bd2v51oHfz9xi0RcuJixRsJb"><span style="font-size: 16px;"><strong>Fair Price:</strong> The real-time fair price of the Futures, calculated based on both the index price and market price. It is used to calculate unrealized PNL and determine liquidation, and may differ from the last price to prevent price manipulation.</span></div><div class="ace-line ace-line old-record-id-doxus8zPXoyKzeapBgvIE32XNfg"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-XImpdVSqAojanYxXQVKukmzss4b"><span style="font-size: 16px;"><strong>Futures Size (1 Cont):</strong> Represents the value of one Futures cont. For USDT-M Futures, each cont is measured in USD value; for Coin-M Futures, each cont is measured in coin quantity. For example, the BTC Futures position size is 1 cont = 0.0001 BTC.</span></div><div class="ace-line ace-line old-record-id-doxusUEWPwhhRPOUlVKMR2RETFc"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-I2CcdsyGOoxT7Pxk0iEupPt9sog"><span style="font-size: 16px;"><strong>Minimum Price Fluctuation:</strong> The smallest allowable price change for the Futures. For example, the minimum price fluctuation for BTC is 0.1.</span></div><div class="ace-line ace-line old-record-id-doxusztoZn9ScBJOKcYKQxBYwod"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-YqFRdcBz1oD5ptxtJetuDfKwsEc"><span style="font-size: 16px;"><strong>Minimum Order Quantity:</strong> The minimum amount per order for the Futures. For example, the minimum trading quantity for BTC is 0.0001 BTC.</span></div><div class="ace-line ace-line old-record-id-doxus4Iyj35iaHquQQBhz2S1vUh"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-GODDd1E1aoRF8HxQ7rouX3gssLf"><span style="font-size: 16px;"><strong>Limit Order Price Cap/Floor Ratio:</strong> The price of a limit buy order must be less than or equal to (1 + Cap limit ratio) × Index price. The price of a limit sell order must be greater than or equal to (1 − Floor limit ratio) × Index price.</span></div><div class="ace-line ace-line old-record-id-doxusm7L4BuoltdEYGl1RR7HWCh"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-Tf4MdV6s9oJFxYxRUAwubXBKsig"><span style="font-size: 16px;"><strong>Maximum Limit Order Quantity:</strong> The maximum number of active limit orders allowed per trading pair.</span></div><div class="ace-line ace-line old-record-id-doxustgMHJCIb38VxsU64iWs68b"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-XdR6dZXfNof3vpxnmN2uH7BSs4b"><span style="font-size: 16px;"><strong>Price Protection Threshold:</strong> After enabling price protection, when a TP/SL order (trigger order) reaches its trigger price, if the price difference between the last price and the fair price exceeds the preset threshold for that Futures, the TP/SL (trigger order) will be rejected. Note that price protection only applies after it is enabled and does not affect historical orders that were not enabled.</span></div><div class="ace-line ace-line old-record-id-doxusp14ziAEiQs0kCDDvZZzJ7e"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-Z5OCdD7XbobA0bxqtnKuJtolshf"><span style="font-size: 16px;"><strong>Liquidation Fee:</strong> When a position is liquidated, the platform charges a certain percentage as a liquidation fee.</span></div><div class="ace-line ace-line old-record-id-doxuspBorKw9dU0UXZrOqx5OCwe"><span style="font-size: 16px;"><br></span></div><h2 class="heading-2 ace-line old-record-id-AePndMM63oYFQRxi9wVuaa6Esde"><strong>2. Margin</strong></h2><div class="ace-line ace-line old-record-id-doxusTJxd6fqfpJNQZji2mQg9cb"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-doxus9ZaRKwqfqFQxRRoXewNg1i"><span style="font-size: 16px;"><strong>Initial Margin:</strong> The minimum amount of margin required to open a position.</span></div><div class="ace-line ace-line old-record-id-ZHbVdemOAo4iJXxkhoBu9Kyws9f"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-IyVGdw0fSoc5iJx27pXubKDKsqh"><span style="font-size: 16px;"><strong>Initial Margin Rate:</strong> Position value / Position margin. The initial margin rate reflects the leverage used.</span></div><div class="ace-line ace-line old-record-id-doxusi2xGIiVKnKK0LCdovO1r1d"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-IM9sdospfo0m8HxztPGuhENrs7b"><span style="font-size: 16px;"><strong>Maintenance Margin:</strong> The minimum margin required to maintain a position. When the margin balance falls below the maintenance margin, the position will be liquidated or reduced. Maintenance Margin = Position Notional Value × Maintenance Margin Rate.</span></div><div class="ace-line ace-line old-record-id-doxusUeageJqQIhsHZb6D4bs9Jc"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-CjmndEflOoziqyxu5KHuxEvLsMd"><span style="font-size: 16px;"><strong>Maintenance Margin Rate:</strong> Calculated based on the position size and is not affected by leverage.</span></div><div class="ace-line ace-line old-record-id-doxushsiUg5l6ILNBw4GF3vFftc"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-HKHKdTukdoDMkdxFZzMuTyHusJc"><span style="font-size: 16px;"><strong>Risk Limit:</strong> MEXC applies a risk limit mechanism to all trading accounts using a tiered margin model. The maximum leverage available depends on position size. The larger the position, the lower the available leverage. Users can manually adjust leverage, and the initial margin rate is calculated based on the selected leverage.</span></div><div class="ace-line ace-line old-record-id-doxusIMvt2u9Kli63xHlgrzh1hG"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-CcBAdHwYhoGoLAxR3AOuV79DsOh"><span style="font-size: 16px;"><strong>Risk Limit Tier:</strong> Different Perpetual Futures have corresponding risk limits and tier increments. For example, BTC Perpetual Futures on MEXC are divided into 6 tiers.</span></div><div class="ace-line ace-line old-record-id-doxusRMrbrxAYZc2USVe9tDJHrc"><span style="font-size: 16px;"><br></span></div><div style="text-align:center" data-type="image" data-ace-gallery-json="{&quot;items&quot;:[{&quot;uuid&quot;:&quot;c893f219-da6f-414b-b8ef-8984ea184010&quot;,&quot;height&quot;:844,&quot;width&quot;:2348,&quot;currHeight&quot;:844,&quot;currWidth&quot;:2348,&quot;natrualHeight&quot;:844,&quot;natrualWidth&quot;:2348,&quot;pluginName&quot;:&quot;imageUpload&quot;,&quot;scale&quot;:1,&quot;src&quot;:&quot;https%3A%2F%2Finternal-api-drive-stream.larksuite.com%2Fspace%2Fapi%2Fbox%2Fstream%2Fdownload%2Fpreview%2FKNslbSgSSoWtxixOrlMukbSRsYc%2F%3Fpreview_type%3D16&quot;,&quot;file_token&quot;:&quot;KNslbSgSSoWtxixOrlMukbSRsYc&quot;,&quot;image_type&quot;:&quot;image/png&quot;,&quot;size&quot;:238870,&quot;comments&quot;:[]}]}" class="image-uploaded gallery old-record-id-doxusMZmCe4tt765RSnpB1e38Yc"><img src="https://mexc-rainbown-activityimages.s3.ap-northeast-1.amazonaws.com/banner/F20260216130427979VAxMNZVu1umSuW.png" data-single-block="true" data-snapshot="eyJ0eXBlIjoiaW1hZ2UiLCJwYXJlbnRfaWQiOiJNSTJTZFJhVDZvMkFMbHhLZEJndXhaRXdzeWYiLCJjb21tZW50cyI6W10sInJldmlzaW9ucyI6W10sImxvY2tlZCI6ZmFsc2UsImhpZGRlbiI6ZmFsc2UsImF1dGhvciI6Ijc0MjIxMDg5NzE5Mjc4NjMzMDIiLCJhbGlnbiI6ImNlbnRlciIsImltYWdlIjp7InRva2VuIjoiS05zbGJTZ1NTb1d0eGl4T3JsTXVrYlNSc1ljIiwibWltZVR5cGUiOiJpbWFnZS9wbmciLCJzaXplIjoyMzg4NzAsInNjYWxlIjoxLCJ3aWR0aCI6MjM0OCwiaGVpZ2h0Ijo4NDQsIm5hbWUiOiJpbWFnZS5wbmciLCJjcm9wIjpbMCwwLDAsMF0sInJvdGF0aW9uIjowLCJjYXB0aW9uIjp7InRleHQiOnsiYXBvb2wiOnsibmV4dE51bSI6MCwibnVtVG9BdHRyaWIiOm51bGx9LCJpbml0aWFsQXR0cmlidXRlZFRleHRzIjp7ImF0dHJpYnMiOm51bGwsInRleHQiOm51bGx9fX19LCJhcmVhX2NvbW1lbnRzIjp7fX0=" data-suite="eyJmaWxlVG9rZW4iOiJLTnNsYlNnU1NvV3R4aXhPcmxNdWtiU1JzWWMiLCJvYmpUeXBlIjoiZG9jeCIsIm9ialRva2VuIjoiZG94dXNNWm1DZTR0dDc2NVJTbnBCMWUzOFljIiwib3JpZ2luU3JjIjoiaHR0cHM6Ly9pbnRlcm5hbC1hcGktZHJpdmUtc3RyZWFtLmxhcmtzdWl0ZS5jb20vc3BhY2UvYXBpL2JveC9zdHJlYW0vZG93bmxvYWQvcHJldmlldy9LTnNsYlNnU1NvV3R4aXhPcmxNdWtiU1JzWWMvP3ByZXZpZXdfdHlwZT0xNiJ9" data-src="https://internal-api-drive-stream.larksuite.com/space/api/box/stream/download/all/KNslbSgSSoWtxixOrlMukbSRsYc/?mount_node_token=doxusMZmCe4tt765RSnpB1e38Yc&amp;mount_point=docx_image" data-width="2348" data-height="844" data-lark-image-uri="drivetoken://KNslbSgSSoWtxixOrlMukbSRsYc" data-lark-image-width="2348" data-lark-image-height="844" data-host-from-cloud="true" style="max-width: 100%; height: auto; border-radius: 12px; font-size: 16px; width: 750px;"></div><div class="ace-line ace-line old-record-id-doxustQn3lZICNsPQhe050MwrKd"><span style="font-size: 16px;"><br></span></div><h2 class="heading-2 ace-line old-record-id-Bt6ydIgneoEL1qxxtZPuMYbZswd"><strong>3. Fees</strong></h2><div class="ace-line ace-line old-record-id-doxusPwifzr3HQtZ30Llpsi5Axe"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-FDQvdjye8o0j5cxYlBjuA4Fbsaf"><span style="font-size: 16px;"><strong>Funding Rate:</strong> Based on the price difference between the Perpetual Futures market and the Spot market, funding fees are periodically exchanged between long and short traders. When the market trend is bullish, the funding rate is positive and long traders pay funding fees to short traders. When the market trend is bearish, the funding rate is negative and short traders pay funding fees to long traders.</span></div><div class="ace-line ace-line old-record-id-doxusC8DdiIebqYJFKUjh8MUZ8b"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-U9rBdkmfdoADH5xa9nBuH6pysNc"><span style="font-size: 16px;">Note: Funding rates fluctuate based on market sentiment and vary across trading pairs. For details, please refer to <a data-lark-is-custom="true" href="https://www.mexc.com/futures/information/funding_list?type=linear_swap">Futures Information</a>.</span></div><div class="ace-line ace-line old-record-id-doxus7Cw1XEMUxKSbkaDj8wqfEe"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-ZVILdk57voIxzdxNmQuuOxFGspd"><span style="font-size: 16px;"><strong>Settlement Cycle:</strong> Funding fees for MEXC Perpetual Futures are generally settled every 8 hours, at 00:00, 08:00, and 16:00 (UTC). Funding settlement times may vary for certain trading pairs; please refer to the product page for details.</span></div><div class="ace-line ace-line old-record-id-doxus9c1ACSSJMCAIMlppziYwCe"><span style="font-size: 16px;"><br></span></div><div style="text-align:center" class="ace-line ace-line old-record-id-doxusaYuyvXyrLsghx55GKmQong"><span style="font-size: 16px;">*BTN-<strong>View Funding Rates</strong>&amp;BTNURL=<a data-lark-is-custom="true" href="https://www.mexc.com/futures/information/funding_list">https://www.mexc.com/futures/information/funding_list</a>* </span></div><div class="ace-line ace-line old-record-id-doxusNWhZFACwuuXjyqcNdUQgTb"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-Q7o2dAvKZoWfjlxBpmounOOIs9d"><span style="font-size: 16px;"><strong>Liquidation Fee:</strong> When a position is liquidated, MEXC charges a certain percentage as a fee. For example, the liquidation fee rate for BTC Futures is 0.04%.</span></div><div class="ace-line ace-line old-record-id-doxuszM66NX8Qh63aoaBqU65twh"><span style="font-size: 16px;"><br></span></div><h2 class="heading-2 ace-line old-record-id-WHTWdxFC1oIdXoxiu99u3q2csHe"><strong>4. Other</strong></h2><div class="ace-line ace-line old-record-id-doxus4E5XfDbVoyPEuGI2IqwXmb"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-BKWjdrYWXoB82gx73h9ut48ls35"><span style="font-size: 16px;"><strong>Auto-Deleveraging (ADL):</strong> When a trader's position is liquidated, any remaining position is taken over by MEXC's Futures liquidation system. If the liquidated position cannot be closed on the market and the mark price reaches the bankruptcy price, the ADL system will reduce positions of traders holding opposing positions. The order of reduction is determined by leverage and profit ratio.</span></div><div class="ace-line ace-line old-record-id-doxusVBydT4CmjVeLhYea7mX4cs"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-Nr1Rd0TqVo7Uo7xMwMnuhP2Psad"><span style="font-size: 16px;">Understanding Futures trading terminology is only the first step in learning how to use Futures trading tools. To truly master them, you need to apply what you've learned through actual trading. Before starting live Futures trading, you can practice using MEXC Futures <a data-lark-is-custom="true" href="https://www.mexc.com/learn/article/how-to-use-demo-trading-on-mexc-futures/2">Demo Trading</a>, and then proceed to live trading after becoming familiar with the platform.</span></div><div class="ace-line ace-line old-record-id-doxuswTo9UydGSqXIHM3HqFHfQd"><span style="font-size: 16px;"><br></span></div><h2 class="heading-2 ace-line old-record-id-LuFWdVeALo3ZjGxaWwGu70lvs2g"><span style="font-size: 16px;">Recommended Reading:</span></h2><ul start="1" class="list-bullet1"><li style="text-align:left" class="ace-line ace-line old-record-id-GLVhdGP8xouspnxDiY6uDzVksLe" data-list="bullet"><div><span style="font-size: 16px;"><a href="https://www.mexc.com/support/article/mexc-futures-funding-rate-305432020820705280">MEXC Futures Funding Rate: Calculation Methods and How to View Funding Rates</a></span></div></li><li style="text-align:left" class="ace-line ace-line old-record-id-FHe7dSobZoesM4x8ckPuJYLJsGe" data-list="bullet"><div><span style="font-size: 16px;"><a href="https://www.mexc.com/support/article/futures-trading-faq-305425827477864448">Futures Trading FAQ: A Complete Beginner's Guide</a></span></div></li><li style="text-align:left" class="ace-line ace-line old-record-id-FLC8dR4LVoAid8xZQ4muUv2PsQe" data-list="bullet"><div><span style="font-size: 16px;"><a href="https://www.mexc.com/support/article/time-in-force-tif-for-futures-trading-305427906242034688">Time in Force (TIF) for Futures Trading: A Complete Guide</a></span></div></li><li style="text-align:left" class="ace-line ace-line old-record-id-XXrwdy2KaowUS1xbT6GuSHp4s9c" data-list="bullet"><div><span style="font-size: 16px;"><a href="https://www.mexc.com/support/article/futures-trading-page-terminology-guide-7951093588505">Futures Trading Page Terminology Guide</a></span></div></li><li style="text-align:left" class="ace-line ace-line old-record-id-Xr0PdpsN4oocTYxrCFsuTcs2snf" data-list="bullet"><div><span style="font-size: 16px;"><a href="https://www.mexc.com/support/article/how-to-trade-futures-on-the-mexc-app-305421274812529664">How to Trade Futures on the MEXC App</a></span></div></li><li style="text-align:left" class="ace-line ace-line old-record-id-Y97cdVy1jokoAcxaZLFuG93asUd" data-list="bullet"><div><span style="font-size: 16px;"><a href="https://www.mexc.com/support/article/how-to-trade-futures-on-mexc-web-305423980641926144">How to Trade Futures on MEXC Web</a></span></div></li></ul><div class="ace-line ace-line old-record-id-doxus3RXnWlL8e62M4zIEYk3bYg"><span style="font-size: 16px;"><br></span></div></div>lg...

<div data-page-id="Y4obd3vkRogvcDx53SAuGXVCs6b" data-lark-html-role="root" data-docx-has-block-data="true"><div class="ace-line ace-line old-record-id-doxus0YyUMUzI4weakUfQRcOHSg"><span style="font-size: 16px;">For beginner users, Futures trading is more complex than spot trading and involves a wider range of professional terms. To help you get started quickly, this article provides a systematic explanation of the key terms used on the MEXC<a data-lark-is-custom="true" href="https://www.mexc.com/futures/BTC_USDT"> Futures trading</a> page, making it easier to understand and use the platform.</span></div><div class="ace-line ace-line old-record-id-doxusGznUVAaa7GUNzbKNo6YVde"><span style="font-size: 16px;"><br></span></div><div style="text-align:center" class="ace-line ace-line old-record-id-doxustEhgy1RVvVwAXdf7JVs5VS"><span style="font-size: 16px;">*BTN-<strong>Futures Trading</strong>&amp;BTNURL=<a data-lark-is-custom="true" href="https://www.mexc.com/futures/BTC_USDT">https://www.mexc.com/futures/BTC_USDT</a>*</span></div><div class="ace-line ace-line old-record-id-doxusM5mONHC7RY8wSBTBIWhfyf"><span style="font-size: 16px;"><br></span></div><div style="text-align:center" data-type="image" data-ace-gallery-json="{&quot;items&quot;:[{&quot;uuid&quot;:&quot;f79f6b83-a907-48ee-9e6e-1c93383cf4ae&quot;,&quot;height&quot;:1432,&quot;width&quot;:2936,&quot;currHeight&quot;:1432,&quot;currWidth&quot;:2936,&quot;natrualHeight&quot;:1432,&quot;natrualWidth&quot;:2936,&quot;pluginName&quot;:&quot;imageUpload&quot;,&quot;scale&quot;:1,&quot;src&quot;:&quot;https%3A%2F%2Finternal-api-drive-stream.larksuite.com%2Fspace%2Fapi%2Fbox%2Fstream%2Fdownload%2Fpreview%2FQhrsbRYY9ofbn8xJLdvuQiENspd%2F%3Fpreview_type%3D16&quot;,&quot;file_token&quot;:&quot;QhrsbRYY9ofbn8xJLdvuQiENspd&quot;,&quot;image_type&quot;:&quot;image/png&quot;,&quot;size&quot;:1659360,&quot;comments&quot;:[]}]}" class="image-uploaded gallery old-record-id-doxusbqkBxLz8eYuRQOxUEb1Irc"><img src="https://mexc-rainbown-activityimages.s3.ap-northeast-1.amazonaws.com/banner/F20260216130107398UOVGxAMj78DV2I.png" data-single-block="true" data-snapshot="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" data-suite="eyJmaWxlVG9rZW4iOiJRaHJzYlJZWTlvZmJuOHhKTGR2dVFpRU5zcGQiLCJvYmpUeXBlIjoiZG9jeCIsIm9ialRva2VuIjoiZG94dXNicWtCeEx6OGVZdVJRT3hVRWIxSXJjIiwib3JpZ2luU3JjIjoiaHR0cHM6Ly9pbnRlcm5hbC1hcGktZHJpdmUtc3RyZWFtLmxhcmtzdWl0ZS5jb20vc3BhY2UvYXBpL2JveC9zdHJlYW0vZG93bmxvYWQvcHJldmlldy9RaHJzYlJZWTlvZmJuOHhKTGR2dVFpRU5zcGQvP3ByZXZpZXdfdHlwZT0xNiJ9" data-src="https://internal-api-drive-stream.larksuite.com/space/api/box/stream/download/all/QhrsbRYY9ofbn8xJLdvuQiENspd/?mount_node_token=doxusbqkBxLz8eYuRQOxUEb1Irc&amp;mount_point=docx_image" data-width="2936" data-height="1432" data-lark-image-uri="drivetoken://QhrsbRYY9ofbn8xJLdvuQiENspd" data-lark-image-width="2936" data-lark-image-height="1432" data-host-from-cloud="true" style="max-width: 100%; height: auto; border-radius: 12px; font-size: 16px; width: 750px;"></div><div class="ace-line ace-line old-record-id-doxusNWscO5r1rhZtE3QZdnkP1g"><span style="font-size: 16px;"><br></span></div><h2 class="heading-2 ace-line old-record-id-BZf3dCNS5okNzcx3KS7uKQbSsed"><strong>1. Basic Terminology</strong></h2><div class="ace-line ace-line old-record-id-doxusAvk6PmwBGENEBggjwlnMwb"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-EYc3dPpxto1ZpPx6xx8uWhPrsTd"><span style="font-size: 16px;"><strong>Perpetual: </strong>Perpetual means ongoing without an expiration date. Commonly known as Perpetual Futures, these products evolved from traditional Futures but do not have a settlement or expiry date. As long as a position is not liquidated, it can remain open indefinitely.</span></div><div class="ace-line ace-line old-record-id-doxus16ryPl4yB6fPMynI6qbG5c"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-CsjNdmlDGoVE2ux320SuUryRsOc"><span style="font-size: 16px;"><strong>Price Change (%): </strong>Price change refers to the percentage increase or decrease in price over a specific period. Formula: Price Change (%) = (Closing Price − Opening Price) / Opening Price</span></div><div class="ace-line ace-line old-record-id-doxusQaNy4wvIWhuXebEN1wCqyd"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-MnxGdjh8doJ5yXxzJubupWVZsGc"><span style="font-size: 16px;"><strong>Index Price: </strong>A composite price index calculated using a weighted average of prices from major mainstream exchanges. The index price shown on the page is the MX Index Price.</span></div><div class="ace-line ace-line old-record-id-doxusGAYk07HaZ38Jx4yozg6r9e"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-NkrvdXWukooF1AxfYUIu9RsnsDd"><span style="font-size: 16px;"><strong>Fair Price: </strong>The real-time fair price of the Futures, calculated based on the index price and market price. It is used to calculate unrealized PNL and determine liquidation, and may differ from the last price to prevent price manipulation.</span></div><div class="ace-line ace-line old-record-id-doxusg2UOVWOgLBBj1ZIvaVvx0d"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-Jwxzd8V49ot7yjxo8PouPzRGspe"><span style="font-size: 16px;"><strong>Funding Rate</strong><strong>/Countdown: </strong>The current funding rate for the ongoing period. If the rate is positive, long positions pay short positions. If the rate is negative, short positions pay long positions.</span></div><div class="ace-line ace-line old-record-id-doxusWRaibNeTo2fKAHerRWlqdb"><span style="font-size: 16px;"><br></span></div><div style="text-align:center" data-type="image" data-ace-gallery-json="{&quot;items&quot;:[{&quot;uuid&quot;:&quot;9283e0f6-24d9-4241-926d-844f38d7e538&quot;,&quot;height&quot;:1470,&quot;width&quot;:2938,&quot;currHeight&quot;:1470,&quot;currWidth&quot;:2938,&quot;natrualHeight&quot;:1470,&quot;natrualWidth&quot;:2938,&quot;pluginName&quot;:&quot;imageUpload&quot;,&quot;scale&quot;:1,&quot;src&quot;:&quot;https%3A%2F%2Finternal-api-drive-stream.larksuite.com%2Fspace%2Fapi%2Fbox%2Fstream%2Fdownload%2Fpreview%2FNHdcbM66BoBuvHx1glau3R1yspc%2F%3Fpreview_type%3D16&quot;,&quot;file_token&quot;:&quot;NHdcbM66BoBuvHx1glau3R1yspc&quot;,&quot;image_type&quot;:&quot;image/png&quot;,&quot;size&quot;:974505,&quot;comments&quot;:[]}]}" class="image-uploaded gallery old-record-id-doxussR29B2IHKPbGDsrFbiQCQh"><img src="https://mexc-rainbown-activityimages.s3.ap-northeast-1.amazonaws.com/banner/F20260216130104739kvxiicbkHUtbwh.png" data-single-block="true" data-snapshot="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" data-suite="eyJmaWxlVG9rZW4iOiJOSGRjYk02NkJvQnV2SHgxZ2xhdTNSMXlzcGMiLCJvYmpUeXBlIjoiZG9jeCIsIm9ialRva2VuIjoiZG94dXNzUjI5QjJJSEtQYkdEc3JGYmlRQ1FoIiwib3JpZ2luU3JjIjoiaHR0cHM6Ly9pbnRlcm5hbC1hcGktZHJpdmUtc3RyZWFtLmxhcmtzdWl0ZS5jb20vc3BhY2UvYXBpL2JveC9zdHJlYW0vZG93bmxvYWQvcHJldmlldy9OSGRjYk02NkJvQnV2SHgxZ2xhdTNSMXlzcGMvP3ByZXZpZXdfdHlwZT0xNiJ9" data-src="https://internal-api-drive-stream.larksuite.com/space/api/box/stream/download/all/NHdcbM66BoBuvHx1glau3R1yspc/?mount_node_token=doxussR29B2IHKPbGDsrFbiQCQh&amp;mount_point=docx_image" data-width="2938" data-height="1470" data-lark-image-uri="drivetoken://NHdcbM66BoBuvHx1glau3R1yspc" data-lark-image-width="2938" data-lark-image-height="1470" data-host-from-cloud="true" style="max-width: 100%; height: auto; border-radius: 12px; font-size: 16px; width: 750px;"></div><div class="ace-line ace-line old-record-id-doxuse0Sdtg4YZXcSoVXSYpxuHf"><span style="font-size: 16px;"><br></span></div><h2 class="heading-2 ace-line old-record-id-G225dsMiuoPZEbxKRwGujctvsfe"><strong>2. Order Book Terminology</strong></h2><div class="ace-line ace-line old-record-id-doxusvTcYAtAd8fVnUNYdfPQUuc"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-WZvvdJtZwomKUcxb6eKux15esRc"><span style="font-size: 16px;"><strong>Order Book: </strong>A window for observing market activity during trading. In this section, users can view individual trades and the relative strength of buyers and sellers.</span></div><div class="ace-line ace-line old-record-id-doxusbViYJ2Sf1Kn2zE77ejw8tb"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-ZdHIdxHDNohrjYxnqSouemkUsBg"><span style="font-size: 16px;"><strong>Market Movers: </strong>Assets that experience significant price fluctuations within a specific time range. This tool helps traders quickly identify potential opportunities based on price movements and other indicators.</span></div><div class="ace-line ace-line old-record-id-doxus2GgI7wQ4cnJLDhFSUPZcZd"><span style="font-size: 16px;"><br></span></div><div style="text-align:center" data-type="image" data-ace-gallery-json="{&quot;items&quot;:[{&quot;uuid&quot;:&quot;9aa84090-b44a-4eba-a1dd-0b17ba1644af&quot;,&quot;height&quot;:1410,&quot;width&quot;:2938,&quot;currHeight&quot;:1410,&quot;currWidth&quot;:2938,&quot;natrualHeight&quot;:1410,&quot;natrualWidth&quot;:2938,&quot;pluginName&quot;:&quot;imageUpload&quot;,&quot;scale&quot;:1,&quot;src&quot;:&quot;https%3A%2F%2Finternal-api-drive-stream.larksuite.com%2Fspace%2Fapi%2Fbox%2Fstream%2Fdownload%2Fpreview%2FSQX5bfHq4oVE42x5B89ubYKtsad%2F%3Fpreview_type%3D16&quot;,&quot;file_token&quot;:&quot;SQX5bfHq4oVE42x5B89ubYKtsad&quot;,&quot;image_type&quot;:&quot;image/png&quot;,&quot;size&quot;:923488,&quot;comments&quot;:[]}]}" class="image-uploaded gallery old-record-id-doxusYuOo5INw0hzWLVYDcMxsOf"><img src="https://mexc-rainbown-activityimages.s3.ap-northeast-1.amazonaws.com/banner/F20260216130106312BpVSsrOR8SaAKa.png" data-single-block="true" data-snapshot="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" data-suite="eyJmaWxlVG9rZW4iOiJTUVg1YmZIcTRvVkU0Mng1Qjg5dWJZS3RzYWQiLCJvYmpUeXBlIjoiZG9jeCIsIm9ialRva2VuIjoiZG94dXNZdU9vNUlOdzBoeldMVllEY014c09mIiwib3JpZ2luU3JjIjoiaHR0cHM6Ly9pbnRlcm5hbC1hcGktZHJpdmUtc3RyZWFtLmxhcmtzdWl0ZS5jb20vc3BhY2UvYXBpL2JveC9zdHJlYW0vZG93bmxvYWQvcHJldmlldy9TUVg1YmZIcTRvVkU0Mng1Qjg5dWJZS3RzYWQvP3ByZXZpZXdfdHlwZT0xNiJ9" data-src="https://internal-api-drive-stream.larksuite.com/space/api/box/stream/download/all/SQX5bfHq4oVE42x5B89ubYKtsad/?mount_node_token=doxusYuOo5INw0hzWLVYDcMxsOf&amp;mount_point=docx_image" data-width="2938" data-height="1410" data-lark-image-uri="drivetoken://SQX5bfHq4oVE42x5B89ubYKtsad" data-lark-image-width="2938" data-lark-image-height="1410" data-host-from-cloud="true" style="max-width: 100%; height: auto; border-radius: 12px; font-size: 16px; width: 750px;"></div><div class="ace-line ace-line old-record-id-doxusQ7cJAv74Ky5ZEx6LVi16Ld"><span style="font-size: 16px;"><br></span></div><h2 class="heading-2 ace-line old-record-id-QNhVdmwEdoWRMVxmhZXudX0fsve"><strong>3. Trading Terminology</strong></h2><div class="ace-line ace-line old-record-id-doxusxpGiBtyR4n7tnHTiRIKBvh"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-RFPwdRMMKof8Uqxlfi1ug5Lrspf"><span style="font-size: 16px;"><strong>Open Position/Close Position</strong>: After entering the price and quantity based on your market outlook, you can choose to open a long or short position. If you expect prices to rise, open a long position. If you expect prices to fall, open a short position. Closing a position means selling the Futures you previously opened. Open but unsettled positions are referred to aspositions, which can be viewed under<strong>Positions</strong> at the bottom of the page.</span></div><div class="ace-line ace-line old-record-id-ChxrdDJOpomXXWxtkRtuE2cVsSd"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-XpGTdMBqNowOsPxm5NhuH85Hs3j"><span style="font-size: 16px;"><strong>Open Long: </strong>Opening a position based on the expectation that the asset price will rise.</span></div><div class="ace-line ace-line old-record-id-doxusUczBhyCLDGbtx5LYXNnAVc"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-KNC3dZZABoua0VxnRG8uHkQsslf"><span style="font-size: 16px;"><strong>Open Short: </strong>Opening a position based on the expectation that the asset price will fall.</span></div><div class="ace-line ace-line old-record-id-doxus9BfGbSYMKZZnq9OHXQ9mAf"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-StQbd6UdNo0m3xxdW9Vu0tcOsEf"><span style="font-size: 16px;"><strong>Margin and Margin Mode: </strong>Margin refers to a portion of funds that users deposit as financial margin in order to participate in Futures trading. This deposited amount is known as margin. Margin modes are divided into isolated margin mode and cross margin mode.</span></div><div class="ace-line ace-line old-record-id-doxusStzMCCbexCAdnEtt4ndycf"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-N1zkdUm6ioUkz8xrj7au08Hiske"><span style="font-size: 16px;"><strong>Isolated Margin: </strong>Under isolated margin mode, a fixed amount of margin is allocated to a specific position. If losses on the position reduce the margin below the maintenance margin level, the position will be liquidated. Users may also choose to add or reduce margin for this position.</span></div><div class="ace-line ace-line old-record-id-doxusrSA3HxqHhwAe5eB1KRhm6c"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-L2R7dQe2goLVgyxpjMwu3wAhsbc"><span style="font-size: 16px;"><strong>Cross Margin: </strong>Under cross margin mode, all cross positions share the available cross margin of the corresponding asset. In the event of liquidation, traders may lose the entire margin as well as all cross positions under that margin asset.</span></div><div class="ace-line ace-line old-record-id-doxusV7s0JwwvciB23VXj6LdcLe"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-A9eAdFC4HoXBUwxJBhAuGJFZsfe"><span style="font-size: 16px;"><strong>Order Types: </strong>Order types include limit order, market order, chase limit order, trigger order, trailing stop, and post only.</span></div><div class="ace-line ace-line old-record-id-doxusYWKbHSe43d6XcHd7I1SHqd"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-PRh9dddUwouAcWxQblruvakNspf"><span style="font-size: 16px;"><strong>Limit Order: </strong>A limit order is an order to buy or sell at a specified price or better. Execution of a limit order is not guaranteed.</span></div><div class="ace-line ace-line old-record-id-doxusDMoepk35neCegth9A5FLqh"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-BVcodIkeWozxHdxtg2Iu74kjspb"><span style="font-size: 16px;"><strong>Market Order: </strong>A market order is an order to buy or sell immediately at the best available market price.</span></div><div class="ace-line ace-line old-record-id-doxusauNFGEIovY37RVxrSMJmsd"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-YcXGdUjXhoNzRWxuo9RugiiFsbc"><span style="font-size: 16px;"><strong>Chase Limit Order: </strong>A chase limit order is a type of limit order placed at the best bid or ask price. It dynamically adjusts the entry price based on changing market conditions until the order is filled, canceled, or reaches the maximum chase distance.</span></div><div class="ace-line ace-line old-record-id-doxusO4XYwc5RU3cOYlMrelGOo5"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-DMSLdOu21obOk7xTnLtuk6Bvs7b"><span style="font-size: 16px;"><strong>Trigger Order: </strong>Users can pre-set a trigger price, order price, and quantity. When the market price reaches the trigger price, the system will automatically place the order at the specified order price. Before the trigger order is successfully activated, positions and margin will not be frozen.</span></div><div class="ace-line ace-line old-record-id-doxusKz5P3yX9rp5auBSfiigDJh"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-R22ydEzVgodUBtxGf0tuVyhcsri"><span style="font-size: 16px;"><strong>Trailing Stop Order: </strong>A trailing stop order is a strategy order that submits an order to the market when prices retrace. The actual trigger price is calculated as:</span></div><ul start="1" class="list-bullet1"><li style="text-align:left" class="ace-line ace-line old-record-id-XWh3dfnfxo8uagxqfLvub7Ecsfc" data-list="bullet"><div><span style="font-size: 16px;">Highest (lowest) market price ± retracement amount (price difference), or</span></div></li><li style="text-align:left" class="ace-line ace-line old-record-id-Fx1ddXjTGo60cGxDIZvunxkfsdh" data-list="bullet"><div><span style="font-size: 16px;">Highest (lowest) market price × (1 ± retracement percentage)</span></div></li></ul><div class="ace-line ace-line old-record-id-IdUTdF6FzoBQzSxRi7KuDWTosIb"><span style="font-size: 16px;">Users can also set an activation price. The trigger price calculation only begins after the order is activated.</span></div><div class="ace-line ace-line old-record-id-doxustRyEbFF67DJBaU08Ggg6Le"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-CFZ9dle2qodmNexj33BuaEAvsze"><span style="font-size: 16px;"><strong>Post Only: </strong>Post only orders will not be executed immediately on the market, ensuring the user always acts as a maker. If the order immediately matches with an existing order, it will be canceled.</span></div><div class="ace-line ace-line old-record-id-doxuswIi0qTwJPIKJdtufZakXKd"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-SYlQdMNyuowAPexLiQkut9Grsdd"><span style="font-size: 16px;"><strong>Take-Profit/Stop-Loss (TP/SL): </strong>A preset closing order with trigger conditions (take-profit price or stop-loss price). When the last price, fair price, or index price reaches the preset trigger price, the system will close the position at the best available market price based on the predefined quantity, allowing users to lock in profits or avoid unnecessary losses.</span></div><div class="ace-line ace-line old-record-id-doxusaZS5ICE6wuywdpqs72IoV2"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-VEs8d2mT4oKV3kxGYeMudW1Ms3d"><span style="font-size: 16px;"><strong>Limit Take-Profit/Stop-Loss: </strong>A limit TP/SL order is a preset order where users specify the stop price, limit price, and buy/sell amount. When the last price reaches the stop price, the system automatically places a limit order at the specified limit price.</span></div><div class="ace-line ace-line old-record-id-doxuslCrqMpERsBXfBqexS1nkFh"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-Vtlhd7Q5xogKpMxMkvIuo0QwsFd"><span style="font-size: 16px;"><strong>Coin-Margined Futures: </strong>Coin-Margined Futures provided by MEXC are inverse futures, where cryptocurrency is used as margin and serves as the base currency. For example, in BTC-Margined Futures, BTC is used as the initial margin and for PNL calculation.</span></div><div class="ace-line ace-line old-record-id-doxusxUzOV3swufLto79LkFhIqh"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-VV9JdvbUXoeji4xstovui8F1sqG"><span style="font-size: 16px;"><strong>Stablecoin-Margined Futures: </strong>Stablecoin-Margined Futures provided by MEXC (for example USDT-M Futures) are linear derivatives quoted and settled in USDT. USDT is a stablecoin pegged to the value of the U.S. dollar.</span></div><div class="ace-line ace-line old-record-id-doxusBRlEUYLWMDS32e5IceQd1c"><span style="font-size: 16px;"><br></span></div><div style="text-align:center" data-type="image" data-ace-gallery-json="{&quot;items&quot;:[{&quot;uuid&quot;:&quot;704cd8c9-29f3-4d58-96f2-3b2e86797cd3&quot;,&quot;height&quot;:1468,&quot;width&quot;:2938,&quot;currHeight&quot;:1468,&quot;currWidth&quot;:2938,&quot;natrualHeight&quot;:1468,&quot;natrualWidth&quot;:2938,&quot;pluginName&quot;:&quot;imageUpload&quot;,&quot;scale&quot;:1,&quot;src&quot;:&quot;https%3A%2F%2Finternal-api-drive-stream.larksuite.com%2Fspace%2Fapi%2Fbox%2Fstream%2Fdownload%2Fpreview%2FHHNnbSbHVoaWclxtZYduyLoosbh%2F%3Fpreview_type%3D16&quot;,&quot;file_token&quot;:&quot;HHNnbSbHVoaWclxtZYduyLoosbh&quot;,&quot;image_type&quot;:&quot;image/png&quot;,&quot;size&quot;:1032073,&quot;comments&quot;:[]}]}" class="image-uploaded gallery old-record-id-doxussGAe2w7U12q5z8RL8hnvVe"><img src="https://mexc-rainbown-activityimages.s3.ap-northeast-1.amazonaws.com/banner/F20260216130106619KIPq6yyIJzPznN.png" data-single-block="true" data-snapshot="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" data-suite="eyJmaWxlVG9rZW4iOiJISE5uYlNiSFZvYVdjbHh0WllkdXlMb29zYmgiLCJvYmpUeXBlIjoiZG9jeCIsIm9ialRva2VuIjoiZG94dXNzR0FlMnc3VTEycTV6OFJMOGhudlZlIiwib3JpZ2luU3JjIjoiaHR0cHM6Ly9pbnRlcm5hbC1hcGktZHJpdmUtc3RyZWFtLmxhcmtzdWl0ZS5jb20vc3BhY2UvYXBpL2JveC9zdHJlYW0vZG93bmxvYWQvcHJldmlldy9ISE5uYlNiSFZvYVdjbHh0WllkdXlMb29zYmgvP3ByZXZpZXdfdHlwZT0xNiJ9" data-src="https://internal-api-drive-stream.larksuite.com/space/api/box/stream/download/all/HHNnbSbHVoaWclxtZYduyLoosbh/?mount_node_token=doxussGAe2w7U12q5z8RL8hnvVe&amp;mount_point=docx_image" data-width="2938" data-height="1468" data-lark-image-uri="drivetoken://HHNnbSbHVoaWclxtZYduyLoosbh" data-lark-image-width="2938" data-lark-image-height="1468" data-host-from-cloud="true" style="max-width: 100%; height: auto; border-radius: 12px; font-size: 16px; width: 750px;"></div><div class="ace-line ace-line old-record-id-doxusmedQioODGDF4c3ioArByEc"><span style="font-size: 16px;"><br></span></div><h2 class="heading-2 ace-line old-record-id-BB09dViUvoW6LUxdgu3ukYChscd"><strong>4. Futures Calculation Terminology</strong></h2><div class="ace-line ace-line old-record-id-doxusfql3nLoH6iECEUPOflxL0c"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-YdN4dohpIoPasmxqyRdumiYisrd"><span style="font-size: 16px;"><strong>PNL</strong><strong> Calculation: </strong>Enter your entry price, futures position size, and leverage, then set your expected exit price to calculate the final profit amount and return on investment (ROI).</span></div><div class="ace-line ace-line old-record-id-doxusWcUiVXjAbujIKJSakuCBBf"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-O5hLdq1xqoK06Xx4T0Nu8uxtsSh"><span style="font-size: 16px;"><strong>Target Price Calculation: </strong>Enter your entry price, Futures position size, and leverage, then set your desired ROI to calculate the target price and profit amount.</span></div><div class="ace-line ace-line old-record-id-doxusVT205fRuWLZBunrQR72LUh"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-ZWMxd2vMsosIA8xKKo5uKx0csob"><span style="font-size: 16px;"><strong>Liquidation Price</strong><strong>: </strong>Enter your entry price, Futures position size, and leverage, and select the margin mode (cross or isolated) to calculate your liquidation price.</span></div><div class="ace-line ace-line old-record-id-doxusYNpYlQ2p7dXw6flqLrUdiG"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-NH34dtilZo3ZMdxQYHYuuDhOsNe"><span style="font-size: 16px;"><strong>Maximum </strong><strong>Position Size</strong><strong>: </strong>Enter your entry price and leverage, then input the amount of margin available to calculate the maximum Futures position size you can open for long or short positions.</span></div><div class="ace-line ace-line old-record-id-doxusOh5my9WZkUrqQPSeeTpEBb"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-T2MndY04Po9vXzxRqTMu3QydsXb"><span style="font-size: 16px;"><strong>Average Entry Price: </strong>If you open multiple Futures positions for the same trading pair, enter the different entry prices and corresponding position sizes to calculate the combined average entry price for that trading pair.</span></div><div class="ace-line ace-line old-record-id-doxuswiWVvp1jKL5BmOQkiHGfmf"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-WyxrdBun6o1uSextnuouvJakszg"><span style="font-size: 16px;"><strong>Funding Fee</strong><strong>: </strong>Enter the fair price, position size, and current funding rate to calculate the amount of funding fee you need to pay or receive.</span></div><div class="ace-line ace-line old-record-id-doxusyblXg0L8gAfr5BHC2R3eWh"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-ZQZudQewOolUK2xbInsuTYzGsNh"><span style="font-size: 16px;">Note: Futures calculation input terms are for reference only. Actual Futures trading calculations are subject to live trading.</span></div><div class="ace-line ace-line old-record-id-doxusQ5VqaWIvCvdlQrPgXhME4f"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-CjsRdruecovnYnxPmmbu7JJ6sBc"><span style="font-size: 16px;">For beginners, before placing your first Futures trade, you can practice using MEXC Futures <a data-lark-is-custom="true" href="https://www.mexc.com/learn/article/how-to-use-demo-trading-on-mexc-futures/2">Demo Trading</a> to gain hands-on experience. After becoming familiar with the platform's features, you can then proceed to live trading.</span></div><div class="ace-line ace-line old-record-id-doxusL9n8oNW5LsDY8wZUDGl1mR"><span style="font-size: 16px;"><br></span></div><div style="text-align:center" class="ace-line ace-line old-record-id-doxusYXyamPgZOwFSoGKDs7C9bh"><span style="font-size: 16px;">*BTN-<strong>Futures Demo Trading</strong>&amp;BTNURL=<a data-lark-is-custom="true" href="https://futures.testnet.mexc.com/futures/BTC_USDT">https://futures.testnet.mexc.com/futures/BTC_USDT</a>*</span></div><div class="ace-line ace-line old-record-id-doxusUcWIHCktMDBbUqZM4TEKad"><span style="font-size: 16px;"><br></span></div><div style="text-align:center" data-type="image" data-ace-gallery-json="{&quot;items&quot;:[{&quot;uuid&quot;:&quot;34d97007-921e-4e00-8656-ccb62723e395&quot;,&quot;height&quot;:1422,&quot;width&quot;:2938,&quot;currHeight&quot;:1422,&quot;currWidth&quot;:2938,&quot;natrualHeight&quot;:1422,&quot;natrualWidth&quot;:2938,&quot;pluginName&quot;:&quot;imageUpload&quot;,&quot;scale&quot;:1,&quot;src&quot;:&quot;https%3A%2F%2Finternal-api-drive-stream.larksuite.com%2Fspace%2Fapi%2Fbox%2Fstream%2Fdownload%2Fpreview%2FUAM9b66dbooOAXxfniHuJgRUsph%2F%3Fpreview_type%3D16&quot;,&quot;file_token&quot;:&quot;UAM9b66dbooOAXxfniHuJgRUsph&quot;,&quot;image_type&quot;:&quot;image/png&quot;,&quot;size&quot;:842395,&quot;comments&quot;:[]}]}" class="image-uploaded gallery old-record-id-doxusqHNmEz17DcG3tzq69xANJh"><img src="https://mexc-rainbown-activityimages.s3.ap-northeast-1.amazonaws.com/banner/F20260216130106029fvIkgUBEqnPkTa.png" data-single-block="true" data-snapshot="eyJ0eXBlIjoiaW1hZ2UiLCJwYXJlbnRfaWQiOiJZNG9iZDN2a1JvZ3ZjRHg1M1NBdUdYVkNzNmIiLCJjb21tZW50cyI6W10sInJldmlzaW9ucyI6W10sImxvY2tlZCI6ZmFsc2UsImhpZGRlbiI6ZmFsc2UsImF1dGhvciI6Ijc0MjIxMDg5NzE5Mjc4NjMzMDIiLCJhbGlnbiI6ImNlbnRlciIsImltYWdlIjp7InRva2VuIjoiVUFNOWI2NmRib29PQVh4Zm5pSHVKZ1JVc3BoIiwibWltZVR5cGUiOiJpbWFnZS9wbmciLCJzaXplIjo4NDIzOTUsInNjYWxlIjoxLCJ3aWR0aCI6MjkzOCwiaGVpZ2h0IjoxNDIyLCJuYW1lIjoiaW1hZ2UucG5nIiwiY3JvcCI6WzAsMCwwLDBdLCJyb3RhdGlvbiI6MCwiY2FwdGlvbiI6eyJ0ZXh0Ijp7ImFwb29sIjp7Im5leHROdW0iOjAsIm51bVRvQXR0cmliIjpudWxsfSwiaW5pdGlhbEF0dHJpYnV0ZWRUZXh0cyI6eyJhdHRyaWJzIjpudWxsLCJ0ZXh0IjpudWxsfX19fSwiYXJlYV9jb21tZW50cyI6e319" data-suite="eyJmaWxlVG9rZW4iOiJVQU05YjY2ZGJvb09BWHhmbmlIdUpnUlVzcGgiLCJvYmpUeXBlIjoiZG9jeCIsIm9ialRva2VuIjoiZG94dXNxSE5tRXoxN0RjRzN0enE2OXhBTkpoIiwib3JpZ2luU3JjIjoiaHR0cHM6Ly9pbnRlcm5hbC1hcGktZHJpdmUtc3RyZWFtLmxhcmtzdWl0ZS5jb20vc3BhY2UvYXBpL2JveC9zdHJlYW0vZG93bmxvYWQvcHJldmlldy9VQU05YjY2ZGJvb09BWHhmbmlIdUpnUlVzcGgvP3ByZXZpZXdfdHlwZT0xNiJ9" data-src="https://internal-api-drive-stream.larksuite.com/space/api/box/stream/download/all/UAM9b66dbooOAXxfniHuJgRUsph/?mount_node_token=doxusqHNmEz17DcG3tzq69xANJh&amp;mount_point=docx_image" data-width="2938" data-height="1422" data-lark-image-uri="drivetoken://UAM9b66dbooOAXxfniHuJgRUsph" data-lark-image-width="2938" data-lark-image-height="1422" data-host-from-cloud="true" style="max-width: 100%; height: auto; border-radius: 12px; font-size: 16px; width: 750px;"></div><div class="ace-line ace-line old-record-id-doxuslfmP3yg60WhnoCFIg0oJDf"><span style="font-size: 16px;"><br></span></div><h2 class="heading-2 ace-line old-record-id-QtMcdoY5jouApcxF8NyupLWGswc"><strong>5. Order Terminology</strong></h2><div class="ace-line ace-line old-record-id-doxusgj8HQGJT7Sp2KkQpyOaRAh"><span style="font-size: 16px;"><br></span></div><h3 class="heading-3 ace-line old-record-id-Jt94dNfguobcJCxidvRuuYSAsDd"><span style="font-size: 16px;">5.1 Positions</span></h3><div class="ace-line ace-line old-record-id-doxus7R6iXoJ5nk3212218qhfwh"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-EJOpdz6dGoatevxtbu3uwVYisxh"><span style="font-size: 16px;"><strong>Position Size</strong><strong>:</strong> The number of open (unclosed) Futures positions.</span></div><div class="ace-line ace-line old-record-id-doxusj7ogv48CY24MCEEXVs4Zbf"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-Vv6WdxUCgovS3pxrHfKu7fZgsch"><span style="font-size: 16px;"><strong>Average Entry Price:</strong> The average cost at which a position is opened. For example, if a user opens 100 cont. of long positions on MXUSDT Perpetual Futures at 2 USDT, and later opens another 100 cont. of long positions in the same direction at 2.1 USDT, then the average entry price is calculated as (2 × 100 + 2.1 × 100) / (100 + 100) = 2.05 USDT.</span></div><div class="ace-line ace-line old-record-id-doxusH31pQi4SW0aQDwHFEVDCjg"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-H9ASd5gNkoPJ0dx6uzWumb94sHb"><span style="font-size: 16px;"><strong>Fair Price:</strong> A mechanism introduced to prevent user losses caused by abnormal price fluctuations on a single platform. It is calculated using weighted price data from major exchanges and more fairly reflects the true market price. For more information, please refer to <strong><a data-lark-is-custom="true" href="https://www.mexc.com/learn/article/3-key-prices-in-futures-trading-what-are-index-price-fair-price-and-last-price-/1">Index Price, Fair Price, and Last Price</a></strong>.</span></div><div class="ace-line ace-line old-record-id-doxusgUTobt6EhvBqWRqO5GaPTf"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-ERCcdo9H0ohAkUxXKOuuhNuXszb"><span style="font-size: 16px;"><strong>Estimated </strong><strong>Liquidation Price</strong><strong>:</strong> When the fair price reaches the estimated liquidation price, the position will be liquidated. To learn more about liquidation, please refer to <a data-lark-is-custom="true" href="https://www.mexc.com/learn/article/what-is-liquidation-a-complete-guide-to-its-mechanism-price-calculation-and-risk-management/1">What Is Liquidation? A Complete Guide to Its Mechanism, Price Calculation, and Risk Management</a>.</span></div><div class="ace-line ace-line old-record-id-doxusWDogDoLpwltBpTMBO7YZ1b"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-UCXKderfzoqm26xhKbnui4LRsEc"><span style="font-size: 16px;"><strong>Margin Ratio</strong><strong>:</strong> Used to measure the risk level of a position. The lower the margin rate, the relatively lower the position risk. When the margin ratio reaches 100%, the position will be liquidated.</span></div><div class="ace-line ace-line old-record-id-doxusenB3g5auC28Jn8vSaAX8zf"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-P7COd8dTfom42hxKt1EuXOZlscw"><span style="font-size: 16px;"><strong>Margin:</strong> Position margin includes the initial margin and closing fees. In isolated margin mode, additional margin can be added to the position.</span></div><div class="ace-line ace-line old-record-id-doxusVDIollAUCRdEYDicKkLiDh"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-YPC6dOTYBoKkdwxztsxuZEdWs5g"><span style="font-size: 16px;"><strong>Unrealized </strong><strong>PNL</strong><strong>:</strong> Calculated based on the fair price or the last price. Position ROI = Unrealized PNL / Initial margin. Therefore, ROI is only related to the current leverage level and is not affected by increases or decreases in margin.</span></div><div class="ace-line ace-line old-record-id-doxusLxiCbeXyXkFXW87avzV0wc"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-RfXXd5chRozF07xn7tnuq2GfsCc"><span style="font-size: 16px;"><strong>Realized </strong><strong>PNL</strong><strong>:</strong> All realized profits and losses generated by the position, including trading fees, funding fees, and PNL from closing positions.</span></div><div class="ace-line ace-line old-record-id-doxusGFRdsQ0S26MnqEl3nIrDgd"><span style="font-size: 16px;"><br></span></div><div style="text-align:center" data-type="image" data-ace-gallery-json="{&quot;items&quot;:[{&quot;uuid&quot;:&quot;99c189f3-7dea-4bb0-98c9-b67fe6574205&quot;,&quot;height&quot;:258,&quot;width&quot;:2320,&quot;currHeight&quot;:258,&quot;currWidth&quot;:2320,&quot;natrualHeight&quot;:258,&quot;natrualWidth&quot;:2320,&quot;pluginName&quot;:&quot;imageUpload&quot;,&quot;scale&quot;:1,&quot;src&quot;:&quot;https%3A%2F%2Finternal-api-drive-stream.larksuite.com%2Fspace%2Fapi%2Fbox%2Fstream%2Fdownload%2Fpreview%2FSNhjb77g1oPZyexTM8Iu8Rooseb%2F%3Fpreview_type%3D16&quot;,&quot;file_token&quot;:&quot;SNhjb77g1oPZyexTM8Iu8Rooseb&quot;,&quot;image_type&quot;:&quot;image/png&quot;,&quot;size&quot;:119978,&quot;comments&quot;:[]}]}" class="image-uploaded gallery old-record-id-doxusl52MWX6GOxeUGQNH41URQh"><img src="https://mexc-rainbown-activityimages.s3.ap-northeast-1.amazonaws.com/banner/F20260216130103392aWCka4uvLe1qfx.png" data-single-block="true" data-snapshot="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" data-suite="eyJmaWxlVG9rZW4iOiJTTmhqYjc3ZzFvUFp5ZXhUTThJdThSb29zZWIiLCJvYmpUeXBlIjoiZG9jeCIsIm9ialRva2VuIjoiZG94dXNsNTJNV1g2R094ZVVHUU5INDFVUlFoIiwib3JpZ2luU3JjIjoiaHR0cHM6Ly9pbnRlcm5hbC1hcGktZHJpdmUtc3RyZWFtLmxhcmtzdWl0ZS5jb20vc3BhY2UvYXBpL2JveC9zdHJlYW0vZG93bmxvYWQvcHJldmlldy9TTmhqYjc3ZzFvUFp5ZXhUTThJdThSb29zZWIvP3ByZXZpZXdfdHlwZT0xNiJ9" data-src="https://internal-api-drive-stream.larksuite.com/space/api/box/stream/download/all/SNhjb77g1oPZyexTM8Iu8Rooseb/?mount_node_token=doxusl52MWX6GOxeUGQNH41URQh&amp;mount_point=docx_image" data-width="2320" data-height="258" data-lark-image-uri="drivetoken://SNhjb77g1oPZyexTM8Iu8Rooseb" data-lark-image-width="2320" data-lark-image-height="258" data-host-from-cloud="true" style="max-width: 100%; height: auto; border-radius: 12px; font-size: 16px; width: 750px;"></div><div class="ace-line ace-line old-record-id-doxus00ysl4Ovv7FxkynWyc1lsg"><span style="font-size: 16px;"><br></span></div><h3 class="heading-3 ace-line old-record-id-G94AdqHxKoZtnTxS3DbunBKWsWR"><span style="font-size: 16px;">5.2 Open Orders</span></h3><div class="ace-line ace-line old-record-id-doxusP2etjhyvFaIpcSYzSs2X2c"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-EinEdPcBDosPMjxqsF0umcuEsBb"><span style="font-size: 16px;"><strong>Amount/Filled Amount:</strong> Order amount refers to the intended execution size set by the user when placing an order. When the order amount is large, it is usually filled in multiple smaller orders. Filled amount refers to the amount that has actually been executed. When the order amount equals the filled amount, it means the order has been fully filled.</span></div><div class="ace-line ace-line old-record-id-doxusHtAj2v9kGivpyCZ7nkGzsf"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-GgZHdyIEZo6vdMxySytuoi9DsXb"><span style="font-size: 16px;"><strong>Order Price/Average Fill Price:</strong> Order price refers to the expected execution price entered by the user. For limit orders, the order price is the price entered by the user. For market orders, the order price depends on the actual execution result. When large orders are split into multiple sub-orders, the fill prices may vary due to market fluctuations. The average of these execution prices is the average fill price.</span></div><div class="ace-line ace-line old-record-id-doxusHKftcBP1M41zEI6L0eqmve"><span style="font-size: 16px;"><br></span></div><div style="text-align:center" data-type="image" data-ace-gallery-json="{&quot;items&quot;:[{&quot;uuid&quot;:&quot;23315e64-13dc-4978-a011-6a57ec8ababa&quot;,&quot;height&quot;:300,&quot;width&quot;:2314,&quot;currHeight&quot;:300,&quot;currWidth&quot;:2314,&quot;natrualHeight&quot;:300,&quot;natrualWidth&quot;:2314,&quot;pluginName&quot;:&quot;imageUpload&quot;,&quot;scale&quot;:1,&quot;src&quot;:&quot;https%3A%2F%2Finternal-api-drive-stream.larksuite.com%2Fspace%2Fapi%2Fbox%2Fstream%2Fdownload%2Fpreview%2FByQ8b1sMNoCZdExuY79uGsKKsPi%2F%3Fpreview_type%3D16&quot;,&quot;file_token&quot;:&quot;ByQ8b1sMNoCZdExuY79uGsKKsPi&quot;,&quot;image_type&quot;:&quot;image/png&quot;,&quot;size&quot;:121609,&quot;comments&quot;:[]}]}" class="image-uploaded gallery old-record-id-doxusYcK1R2fmW6mC2ZbihrWQjg"><img src="https://mexc-rainbown-activityimages.s3.ap-northeast-1.amazonaws.com/banner/F20260216130103837BAQZf7fZjp5OZU.png" data-single-block="true" data-snapshot="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" data-suite="eyJmaWxlVG9rZW4iOiJCeVE4YjFzTU5vQ1pkRXh1WTc5dUdzS0tzUGkiLCJvYmpUeXBlIjoiZG9jeCIsIm9ialRva2VuIjoiZG94dXNZY0sxUjJmbVc2bUMyWmJpaHJXUWpnIiwib3JpZ2luU3JjIjoiaHR0cHM6Ly9pbnRlcm5hbC1hcGktZHJpdmUtc3RyZWFtLmxhcmtzdWl0ZS5jb20vc3BhY2UvYXBpL2JveC9zdHJlYW0vZG93bmxvYWQvcHJldmlldy9CeVE4YjFzTU5vQ1pkRXh1WTc5dUdzS0tzUGkvP3ByZXZpZXdfdHlwZT0xNiJ9" data-src="https://internal-api-drive-stream.larksuite.com/space/api/box/stream/download/all/ByQ8b1sMNoCZdExuY79uGsKKsPi/?mount_node_token=doxusYcK1R2fmW6mC2ZbihrWQjg&amp;mount_point=docx_image" data-width="2314" data-height="300" data-lark-image-uri="drivetoken://ByQ8b1sMNoCZdExuY79uGsKKsPi" data-lark-image-width="2314" data-lark-image-height="300" data-host-from-cloud="true" style="max-width: 100%; height: auto; border-radius: 12px; font-size: 16px; width: 750px;"></div><div class="ace-line ace-line old-record-id-doxusfteN2epjpHKSheBUtgaESg"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-doxusQ9fE68rEycCJ9hkBw6IBXd"><span style="font-size: 16px;"><br></span></div><h3 class="heading-3 ace-line old-record-id-WLZ1da2v6o4aPfxt9rKuevaUsif"><span style="font-size: 16px;">5.3 Position History</span></h3><div class="ace-line ace-line old-record-id-doxusu83qqpFxac9NgaNIKs4Qec"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-HFJvdHheVocilCxp2epuzmQBs5d"><span style="font-size: 16px;"><strong>Average Entry Price:</strong> The average cost of opening the position.</span></div><div class="ace-line ace-line old-record-id-doxusXb8PSLDyK7xXVbX7SRCOsg"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-Rqydd2TGWoNocFxAmb0u3aZCsOh"><span style="font-size: 16px;"><strong>Average Close Price:</strong> The average price of all closing trades.</span></div><div class="ace-line ace-line old-record-id-doxuskyXKM7EYLnLoW0iwNbAQ7f"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-TMyvdlFeqokortxM9IsudMJoslb"><span style="font-size: 16px;"><strong>Realized </strong><strong>PNL</strong><strong>:</strong> All realized profits and losses generated by the position, including trading fees, funding fees, and PNL from closing positions (does not include fees offset by vouchers or MX deductions).</span></div><div class="ace-line ace-line old-record-id-doxusD1CXzpSdsNNsSW75nbIJLd"><span style="font-size: 16px;"><br></span></div><div style="text-align:center" data-type="image" data-ace-gallery-json="{&quot;items&quot;:[{&quot;uuid&quot;:&quot;5f50adb4-3ad4-4fac-b81c-3c9f0aede1d9&quot;,&quot;height&quot;:232,&quot;width&quot;:2318,&quot;currHeight&quot;:232,&quot;currWidth&quot;:2318,&quot;natrualHeight&quot;:232,&quot;natrualWidth&quot;:2318,&quot;pluginName&quot;:&quot;imageUpload&quot;,&quot;scale&quot;:1,&quot;src&quot;:&quot;https%3A%2F%2Finternal-api-drive-stream.larksuite.com%2Fspace%2Fapi%2Fbox%2Fstream%2Fdownload%2Fpreview%2FHnZmb3n7Bo0j4FxwIbvuWxOmsDh%2F%3Fpreview_type%3D16&quot;,&quot;file_token&quot;:&quot;HnZmb3n7Bo0j4FxwIbvuWxOmsDh&quot;,&quot;image_type&quot;:&quot;image/png&quot;,&quot;size&quot;:93599,&quot;comments&quot;:[]}]}" class="image-uploaded gallery old-record-id-doxusTLyjVKiAO7XaAOhLSV6yeg"><img src="https://mexc-rainbown-activityimages.s3.ap-northeast-1.amazonaws.com/banner/F20260216130103388iKvpBaiahCvHrJ.png" data-single-block="true" data-snapshot="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" data-suite="eyJmaWxlVG9rZW4iOiJIblptYjNuN0JvMGo0Rnh3SWJ2dVd4T21zRGgiLCJvYmpUeXBlIjoiZG9jeCIsIm9ialRva2VuIjoiZG94dXNUTHlqVktpQU83WGFBT2hMU1Y2eWVnIiwib3JpZ2luU3JjIjoiaHR0cHM6Ly9pbnRlcm5hbC1hcGktZHJpdmUtc3RyZWFtLmxhcmtzdWl0ZS5jb20vc3BhY2UvYXBpL2JveC9zdHJlYW0vZG93bmxvYWQvcHJldmlldy9IblptYjNuN0JvMGo0Rnh3SWJ2dVd4T21zRGgvP3ByZXZpZXdfdHlwZT0xNiJ9" data-src="https://internal-api-drive-stream.larksuite.com/space/api/box/stream/download/all/HnZmb3n7Bo0j4FxwIbvuWxOmsDh/?mount_node_token=doxusTLyjVKiAO7XaAOhLSV6yeg&amp;mount_point=docx_image" data-width="2318" data-height="232" data-lark-image-uri="drivetoken://HnZmb3n7Bo0j4FxwIbvuWxOmsDh" data-lark-image-width="2318" data-lark-image-height="232" data-host-from-cloud="true" style="max-width: 100%; height: auto; border-radius: 12px; font-size: 16px; width: 750px;"></div><div class="ace-line ace-line old-record-id-doxus11H2hoZwK7uYDDuDGZ0nYd"><span style="font-size: 16px;"><br></span></div><h3 class="heading-3 ace-line old-record-id-BZHsdPOMkof8QexV1ZSuHaOds6t"><span style="font-size: 16px;">5.4 Assets</span></h3><div class="ace-line ace-line old-record-id-doxuswyLkBv2nY9CtS2a8D9XAPc"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-D5NQdydeMopmssxTOc4u3XoVsZb"><span style="font-size: 16px;"><strong>Total Equity:</strong> Wallet Balance + Unrealized PNL.</span></div><div class="ace-line ace-line old-record-id-doxusPuVhyIdM0JV1xotZgB0NNc"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-EI7XddmB7oaReDxE4hUuZTNpsEh"><span style="font-size: 16px;"><strong>Wallet Balance:</strong> Total transferred-in funds − total transferred-out funds + Realized PNL.</span></div><div class="ace-line ace-line old-record-id-doxusyWvKek6lhgSrlhQk2KqQpe"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-CXg7dcsWZoJwaPxMebluqJGislc"><span style="font-size: 16px;"><strong>Available Margin</strong><strong>:</strong> The amount of funds available for opening new positions.</span></div><div class="ace-line ace-line old-record-id-doxusS9YzJFzpAb2xybOTUPehbh"><span style="font-size: 16px;"><br></span></div><div style="text-align:center" data-type="image" data-ace-gallery-json="{&quot;items&quot;:[{&quot;uuid&quot;:&quot;24e62149-4657-4740-afd5-3c1c32704f05&quot;,&quot;height&quot;:298,&quot;width&quot;:2316,&quot;currHeight&quot;:298,&quot;currWidth&quot;:2316,&quot;natrualHeight&quot;:298,&quot;natrualWidth&quot;:2316,&quot;pluginName&quot;:&quot;imageUpload&quot;,&quot;scale&quot;:1,&quot;src&quot;:&quot;https%3A%2F%2Finternal-api-drive-stream.larksuite.com%2Fspace%2Fapi%2Fbox%2Fstream%2Fdownload%2Fpreview%2FQkGObr15zoOsqTxZdLluXhwOsab%2F%3Fpreview_type%3D16&quot;,&quot;file_token&quot;:&quot;QkGObr15zoOsqTxZdLluXhwOsab&quot;,&quot;image_type&quot;:&quot;image/png&quot;,&quot;size&quot;:108744,&quot;comments&quot;:[]}]}" class="image-uploaded gallery old-record-id-doxus7LiZ2ZE0j5x52PLSK2usYf"><img src="https://mexc-rainbown-activityimages.s3.ap-northeast-1.amazonaws.com/banner/F20260216130104019MZJVJdg5sOJI1G.png" data-single-block="true" data-snapshot="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" data-suite="eyJmaWxlVG9rZW4iOiJRa0dPYnIxNXpvT3NxVHhaZExsdVhod09zYWIiLCJvYmpUeXBlIjoiZG9jeCIsIm9ialRva2VuIjoiZG94dXM3TGlaMlpFMGo1eDUyUExTSzJ1c1lmIiwib3JpZ2luU3JjIjoiaHR0cHM6Ly9pbnRlcm5hbC1hcGktZHJpdmUtc3RyZWFtLmxhcmtzdWl0ZS5jb20vc3BhY2UvYXBpL2JveC9zdHJlYW0vZG93bmxvYWQvcHJldmlldy9Ra0dPYnIxNXpvT3NxVHhaZExsdVhod09zYWIvP3ByZXZpZXdfdHlwZT0xNiJ9" data-src="https://internal-api-drive-stream.larksuite.com/space/api/box/stream/download/all/QkGObr15zoOsqTxZdLluXhwOsab/?mount_node_token=doxus7LiZ2ZE0j5x52PLSK2usYf&amp;mount_point=docx_image" data-width="2316" data-height="298" data-lark-image-uri="drivetoken://QkGObr15zoOsqTxZdLluXhwOsab" data-lark-image-width="2316" data-lark-image-height="298" data-host-from-cloud="true" style="max-width: 100%; height: auto; border-radius: 12px; font-size: 16px; width: 750px;"></div><div class="ace-line ace-line old-record-id-doxusjCr3tkdjNMNATuCoi6DMsf"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-ASmpdobbGoKiokxda8puo9Pas4e"><span style="font-size: 16px;">Understanding Futures trading terminology is only the first step in learning how to use Futures trading tools. To truly master them, you need to apply what you've learned through actual trading. Before starting live Futures trading, you can practice using the MEXC Futures <a data-lark-is-custom="true" href="https://futures.testnet.mexc.com/futures/BTC_USDT">Demo Trading</a> to become familiar with the platform, and then proceed to live trading.</span></div><div class="ace-line ace-line old-record-id-doxusWZ9u2XfubXdMGbxJimzCmh"><span style="font-size: 16px;"><br></span></div><h2 class="heading-2 ace-line old-record-id-AEiZdSfqhoPHoCxuwIJuCwjXsag"><span style="font-size: 16px;">Recommended Reading:</span></h2><ul start="1" class="list-bullet1"><li style="text-align:left" class="ace-line ace-line old-record-id-MGowdribOoJNDaxBgkruTkOqsBN" data-list="bullet"><div><span style="font-size: 16px;"><a href="https://www.mexc.com/support/article/mexc-futures-funding-rate-305432020820705280">MEXC Futures Funding Rate: Calculation Methods and How to View Funding Rates</a></span></div></li><li style="text-align:left" class="ace-line ace-line old-record-id-JPuudPIBAo7U4ExHhF4uJi42soc" data-list="bullet"><div><span style="font-size: 16px;"><a href="https://www.mexc.com/support/article/futures-trading-faq-305425827477864448">Futures Trading FAQ: A Complete Beginner's Guide</a></span></div></li><li style="text-align:left" class="ace-line ace-line old-record-id-EIXCd1XFXoRxQUx0zywuIIReswd" data-list="bullet"><div><span style="font-size: 16px;"><a href="https://www.mexc.com/support/article/time-in-force-tif-for-futures-trading-305427906242034688">Time in Force (TIF) for Futures Trading: A Complete Guide</a></span></div></li><li style="text-align:left" class="ace-line ace-line old-record-id-LqasdJiF7o7UyWxtUUlu1sNMsog" data-list="bullet"><div><span style="font-size: 16px;"><a href="https://www.mexc.com/support/article/a-complete-guide-to-futures-information-terminology-305436590665908224">A Complete Guide to Futures Information Terminology</a></span></div></li><li style="text-align:left" class="ace-line ace-line old-record-id-SeN9dMXe4oNkodx09duunx7asMb" data-list="bullet"><div><span style="font-size: 16px;"><a href="https://www.mexc.com/support/article/how-to-trade-futures-on-the-mexc-app-305421274812529664">How to Trade Futures on the MEXC App</a></span></div></li><li style="text-align:left" class="ace-line ace-line old-record-id-OToHdEMwxo5KvvxQfjSuP4hes8b" data-list="bullet"><div><span style="font-size: 16px;"><a href="https://www.mexc.com/support/article/how-to-trade-futures-on-mexc-web-305423980641926144">How to Trade Futures on MEXC Web</a></span></div></li></ul></div>lg...

<div data-page-id="JvsqdVGOpoKgz4xNegkuJcdysIf" data-lark-html-role="root" data-docx-has-block-data="true"><h2 class="heading-2 ace-line old-record-id-doxusZeUDPL9F3pcCznjbgnDlwc"><strong>1. What Is Auto-Deleveraging (ADL)?</strong></h2><div class="ace-line ace-line old-record-id-doxus5rujMQIRCeXzs3426vprLb"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-doxusfga8LXs5RAIFZKfpHcs9Ze"><span style="font-size: 16px;">Auto-Deleveraging (ADL) is an important risk control mechanism in cryptocurrency Futures trading. When the market experiences extreme volatility, or when force majeure events cause the platform's risk reserve to become insufficient or decline rapidly, the system will trigger the ADL mechanism to control overall risk.</span></div><div class="ace-line ace-line old-record-id-R4KbdOZsCokMjMxddjluymbRsWf"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-M8FrdWcKZoG6H1xNVI0uL3vsshg"><span style="font-size: 16px;">At its core, ADL is a counterparty position reduction mechanism. Based on traders' leverage levels and profit performance, the system ranks positions according to predefined rules and prioritizes accounts with higher leverage and higher profits for automatic position reduction. This helps ensure overall fund security and market stability on the platform.</span></div><div class="ace-line ace-line old-record-id-doxusibu7CGiHW1gHY6foKCrRYf"><span style="font-size: 16px;"><br></span></div><h2 class="heading-2 ace-line old-record-id-TLWVd5vYmo9abQxlpgGuL7WEs9e"><strong>2. How ADL Is Executed</strong></h2><div class="ace-line ace-line old-record-id-doxusEGnfXGGY89BrP49yEkWguf"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-PjqqdblSeoMpflxNk56u5Ajwsdf"><span style="font-size: 16px;">Understanding how ADL works can help traders better manage potential risks. The system first calculates a PNL ranking based on profit performance and effective leverage (PNL refers to profit and loss). Traders with more aggressive strategies and higher profits are ranked higher and are more likely to be selected by the ADL mechanism.</span></div><div class="ace-line ace-line old-record-id-doxusFrATS4KEe0J2gIklpjmQkg"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-A5nkdkv7FoPGbyxSfqnuuiAfsee"><span style="font-size: 16px;">Once ADL is triggered, the system automatically identifies counterparty accounts with higher PNL rankings and executes direct trades with them at the bankruptcy price, thereby completing the automatic deleveraging process. This process is fully automated and does not require any manual intervention.</span></div><div class="ace-line ace-line old-record-id-doxusZFn3vbUVYignWiwGeuwsfb"><span style="font-size: 16px;"><br></span></div><h2 class="heading-2 ace-line old-record-id-Cx02dlEmwoCE96x4sRKuN7Mxste"><strong>3. Detailed Explanation of the ADL Ranking Formula</strong></h2><div class="ace-line ace-line old-record-id-doxusVYVNpcSDF4FycKjc2PLCkc"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-UFoKdtegQoQ1jpx23q4u2GoNspb"><span style="font-size: 16px;">ADL ranking is strictly calculated using the following formula:</span></div><div style="white-space:pre;" class="ace-line ace-line old-record-id-Iy9Udbm9DoOctAxQ4Nou36UEsjf"><span style="font-size: 16px;"><strong>Ranking = Profit </strong><strong>p</strong><strong>ercentage × Effective </strong><strong>l</strong><strong>everage</strong><strong> (if profitable)</strong> <strong>Ranking = Loss</strong><strong> p</strong><strong>ercentage / Effective </strong><strong>l</strong><strong>everage (if at a loss)</strong></span></div><div class="ace-line ace-line old-record-id-doxuspAF8gSesH67Za4WefKd0Tg"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-doxusDU83VkcfFdAD0PGR2h758d"><span style="font-size: 16px;">Where:</span></div><ul start="1" class="list-bullet1"><li style="text-align:left" class="ace-line ace-line old-record-id-HlShd9tXKof2cBxjQshub6cjs7b" data-list="bullet"><div><span style="font-size: 16px;"><strong>Effective Leverage</strong> = Fair Value / (Fair Value − Bankruptcy Value)</span></div></li><li style="text-align:left" class="ace-line ace-line old-record-id-ReExd3YtzorM3kx3oz2ujj3qsZg" data-list="bullet"><div><span style="font-size: 16px;"><strong>Profit Percentage</strong> = (Fair Value − Average Entry Value) / Average Entry Value</span></div></li><li style="text-align:left" class="ace-line ace-line old-record-id-XwTgdYFFvoJICwxGhwWugma3sih" data-list="bullet"><div><span style="font-size: 16px;"><strong>Fair Value</strong> = Position value at the fair price</span></div></li><li style="text-align:left" class="ace-line ace-line old-record-id-Q3E1d9aHcok4Aux3NJGukwUWscc" data-list="bullet"><div><span style="font-size: 16px;"><strong>Bankruptcy </strong><strong>Value</strong> = Position value at the bankruptcy price</span></div></li><li style="text-align:left" class="ace-line ace-line old-record-id-LAdCdFrGZoY5oIxF0BKuRHHCsDe" data-list="bullet"><div><span style="font-size: 16px;"><strong>Average Entry </strong><strong>Value</strong> = Position value at the average entry price</span></div></li></ul><div class="ace-line ace-line old-record-id-JaxEdK4FRoxVVyx4ZpIuhsYPsmb"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-XPQEdgEbbougBExx6fEuaH5As5f"><span style="font-size: 16px;">Note: Long and short positions are ranked separately from highest to lowest.</span></div><div class="ace-line ace-line old-record-id-doxusTVrv8lZAHIkoyZOYQfXReg"><span style="font-size: 16px;"><br></span></div><h2 class="heading-2 ace-line old-record-id-ZV1zdtVu5opq8qxtu8huYdXBsb1"><strong>4. ADL Indicator Levels</strong></h2><div class="ace-line ace-line old-record-id-doxuseJ3BVpUHr70xtLNSyVTVFh"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-Cc2fdigxfopjXyx0ZKAuB3iKsTd"><span style="font-size: 16px;">MEXC provides an ADL indicator to help users visually understand where their positions rank in the auto-deleveraging queue. The ADL indicator has 5 levels, corresponding to 0 to 4 illuminated bars.</span></div><div class="ace-line ace-line old-record-id-doxus9AHTUbJYvOpZ3eS3X6Q53u"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-GPVpdP5A3oVipmxC5TtuPw8tsVg"><span style="font-size: 16px;">Ranking is based on profit per position for a single Futures trading pair, with long and short positions ranked separately.</span></div><div class="ace-line ace-line old-record-id-HEeXdVHX4ohYENxsxO0uBRVFsRd"><span style="font-size: 16px;"><br></span></div><div><table class="ace-table" data-ace-table-col-widths="200;200;200" style="border:none;border-collapse:collapse;table-layout:fixed;width:500px;"><colgroup><col width="200"><col width="200"><col width="200"></colgroup><tbody><tr style="height:39px;"><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: top; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-P228dwN1coTvtZxahNQuZ3NrsBh"><strong style="font-size: 16px;">Profit Ranking Range</strong></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: top; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-CqRqdA5gSogyNmxU0jluqwr7sMg"><strong style="font-size: 16px;">ADL Level</strong></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: top; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-Mga5dFS4ZopvE6xiZEJumK0VsrJ"><strong style="font-size: 16px;">Indicator Bars</strong></div></td></tr><tr style="height:39px;"><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: top; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-IAHzdkTMxoT1TbxuTzRukhk4seg"><span style="font-size: 16px;">Top 25%</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: top; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-PDssdJEW1ojLtqxOweTuytW5s9g"><span style="font-size: 16px;">Level 4</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: top; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-VhiAdyBRJoKYBWxk8WIuf3I8smh"><span style="font-size: 16px;">4 bars lit</span></div></td></tr><tr style="height:39px;"><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: top; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-HuZfdlhfvoH8jFxIJBUuI7uCsGh"><span style="font-size: 16px;">25%–50%</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: top; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-S7DqdjrbooCy5uxNCbOuGf7lseG"><span style="font-size: 16px;">Level 3</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: top; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-UzcjdciX4o7EcGxXPhhu7c5is2f"><span style="font-size: 16px;">3 bars lit</span></div></td></tr><tr style="height:39px;"><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: top; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-DyHwdRcAdoURYSxvjqVubvMJsyf"><span style="font-size: 16px;">50%–75%</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: top; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-NNVMdCR1Iob9aRx9lh6u0dBssvb"><span style="font-size: 16px;">Level 2</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: top; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-TPDjdqWGWoS3jMxU1NducIPbs3d"><span style="font-size: 16px;">2 bars lit</span></div></td></tr><tr style="height:39px;"><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: top; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-Y9JUdbMqPo1RPsxsoGEuNXgjsee"><span style="font-size: 16px;">75%–100%</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: top; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-P0NDdCbMQoXtSDxMJYWu2e0JsTd"><span style="font-size: 16px;">Level 1</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: top; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-DW54d1FhqoeWogxm08ku9Ajas9b"><span style="font-size: 16px;">1 bar lit</span></div></td></tr><tr style="height:39px;"><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: top; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-A7RCdA8y2oih6jxJ97TuMwsvsBe"><span style="font-size: 16px;">Loss-making positions</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: top; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-ZSQDdAZJMoGgkLx5K7luIbWCsde"><span style="font-size: 16px;">Level 0</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: top; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-TB1ydfytvo63WoxzBgGuginVsbh"><span style="font-size: 16px;">No bars lit</span></div></td></tr></tbody></table></div><div class="ace-line ace-line old-record-id-LlfRdt5vZoiVgvxQXJduw7UXsFg"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-VVxddwFLXoJORixHsGruSUs5spg"><span style="font-size: 16px;">The more bars illuminated, the higher the position ranks in the ADL queue. If all bars are lit, it means that the position will be prioritized for reduction if an ADL event occurs. Traders are advised to closely monitor the ADL indicator and adjust their positions accordingly.</span></div><div class="ace-line ace-line old-record-id-doxusJnFCX3oEB5LjKf6dvQhvkc"><span style="font-size: 16px;"><br></span></div><h2 class="heading-2 ace-line old-record-id-CP1zduUR3o57YexMmGguBQiMswg"><strong>5. How to Reduce the Risk of Being Auto-Deleveraged</strong></h2><div class="ace-line ace-line old-record-id-doxustRuHeC5v4u1jLwvZMHt8zf"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-OWyRdEGK9oAoGIxYHJAuIhCjsre"><span style="font-size: 16px;">To minimize the risk of being affected by ADL, traders are advised to take the following measures:</span></div><div style="text-align:left" class="ace-line ace-line old-record-id-JMfJdn3dJoxgwcxkNAYuZdnbstf"><span style="font-size: 16px;"><strong>1) Control </strong><strong>leverage</strong><strong>:</strong> Choose an appropriate leverage level and avoid excessive leverage that may increase your ADL ranking.</span></div><div style="text-align:left" class="ace-line ace-line old-record-id-TkDYd0ecko3tzhxSM9euqj3Bsjd"><span style="font-size: 16px;"><strong>2) Take profits in batches:</strong> Lock in profits gradually to reduce concentrated unrealized gains and lower the likelihood of being prioritized by the system.</span></div><div style="text-align:left" class="ace-line ace-line old-record-id-IhNLdxFZXofaAzxmpWbuzigqshf"><span style="font-size: 16px;"><strong>3) Set take-profit and stop-loss (TP/SL) orders:</strong> Use reasonable TP and SL levels to avoid automatic position reduction during extreme market conditions.</span></div><div style="text-align:left" class="ace-line ace-line old-record-id-CStEdL977ouMF2x50mIuknetsaf"><span style="font-size: 16px;"><strong>4) Monitor the ADL indicator:</strong> Regularly check your ADL level and consider proactively adjusting positions when multiple bars are lit.</span></div><div class="ace-line ace-line old-record-id-doxuswhrh5XMdFRWNj5zHhwrOdS"><span style="font-size: 16px;"><br></span></div><h2 class="heading-2 ace-line old-record-id-EYoFdwR3WowqydxQ5Xaurksiscf"><span style="font-size: 16px;">Recommended Reading:</span></h2><ul start="1" class="list-bullet1"><li style="text-align:left" class="ace-line ace-line old-record-id-Jvexdj4TVoms1nxzZv3uZgRnsVf" data-list="bullet"><div><span style="font-size: 16px;"><a href="https://www.mexc.com/support/article/mexc-futures-funding-rate-305432020820705280">MEXC Futures Funding Rate: Calculation Methods and How to View Funding Rates</a></span></div></li><li style="text-align:left" class="ace-line ace-line old-record-id-IEkZdEK7poHAH9xXHBbujY1usBc" data-list="bullet"><div><span style="font-size: 16px;"><a href="https://www.mexc.com/support/article/futures-trading-faq-305425827477864448">Futures Trading FAQ: A Complete Beginner's Guide</a></span></div></li><li style="text-align:left" class="ace-line ace-line old-record-id-YCESdoDO4os2mFx7dPOujPCNseb" data-list="bullet"><div><span style="font-size: 16px;"><a href="https://www.mexc.com/support/article/time-in-force-tif-for-futures-trading-305427906242034688">Time in Force (TIF) for Futures Trading: A Complete Guide</a></span></div></li><li style="text-align:left" class="ace-line ace-line old-record-id-LC1EdNteVoBuEtxV5Eiu2wMIsyc" data-list="bullet"><div><span style="font-size: 16px;"><a href="https://www.mexc.com/support/article/a-complete-guide-to-futures-information-terminology-305436590665908224">A Complete Guide to Futures Information Terminology</a></span></div></li><li style="text-align:left" class="ace-line ace-line old-record-id-IJA9d22mroVswMxbIGRuhWYKseg" data-list="bullet"><div><span style="font-size: 16px;"><a href="https://www.mexc.com/support/article/futures-trading-page-terminology-guide-7951093588505">Futures Trading Page Terminology Guide</a></span></div></li><li style="text-align:left" class="ace-line ace-line old-record-id-KoRFd8wOOozO8exehAHufgjlsGg" data-list="bullet"><div><span style="font-size: 16px;"><a href="https://www.mexc.com/support/article/faq-on-index-price-fair-price-and-last-price-7950960183961">FAQ on Index Price, Fair Price, and Last Price</a></span></div></li></ul></div>lg...

<div data-page-id="CXRJd6HiXogr2hxShYAuMU6hs4f" data-lark-html-role="root" data-docx-has-block-data="true"><h2 class="heading-2 ace-line old-record-id-doxusYmTRaU7SMSgW47g7672QRf"><strong>1. What Is the Funding Rate?</strong></h2><div class="ace-line ace-line old-record-id-doxuslTK8YR7hSYOnxSc4YCQ0Zd"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-TiwYdmKXpok7UqxlsVeuVBZ6sDG"><span style="font-size: 16px;">The<a data-lark-is-custom="true" href="https://www.mexc.com/futures/information/funding_list"> funding rate</a> is a key mechanism in the perpetual futures market that helps keep futures prices aligned with spot prices. Through this mechanism, long and short position holders periodically pay fees to each other at a fixed rate. MEXC does not charge any fees for funding payments.</span></div><ul start="1" class="list-bullet1"><li style="text-align:left" class="ace-line ace-line old-record-id-ITeAdGB3eoKbAyxyxgFuJCL1sUd" data-list="bullet"><div><span style="font-size: 16px;"><strong>Positive </strong><strong>funding rate</strong><strong>:</strong> Long position holders pay funding fees to short position holders</span></div></li><li style="text-align:left" class="ace-line ace-line old-record-id-AhrGdZ6OcouoMkxiyb4uG9OlsCd" data-list="bullet"><div><span style="font-size: 16px;"><strong>Negative </strong><strong>funding rate</strong><strong>:</strong> Short position holders pay funding fees to long position holders</span></div></li></ul><div class="ace-line ace-line old-record-id-MAfddoNxXofryMxMfOKutrpns0d"><span style="font-size: 16px;">The funding fee is calculated as follows: <strong>Funding Fee = </strong><strong>Position Value</strong><strong> × </strong><strong>Funding Rate</strong></span></div><div class="ace-line ace-line old-record-id-XHsidbTeIo8RhRxsDWbuwkJlsNd"><span style="font-size: 16px;">Note that funding fee deductions may affect your liquidation price and final PNL. Funding settlement times vary by trading pair. Please refer to the information displayed on the official MEXC website for the exact schedule.</span></div><div class="ace-line ace-line old-record-id-doxusZBWXaJfOOzUZVkV8dplOfc"><span style="font-size: 16px;"><br></span></div><h2 class="heading-2 ace-line old-record-id-FzMudN3UFopYlNxbGN5uIamfsHb"><strong>2. Why Do Perpetual Futures Require a Funding Rate Mechanism?</strong></h2><div class="ace-line ace-line old-record-id-doxusGvO4mDvMflMQlpy9JtrWEh"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-doxusVCcf4xdenVMrVUpzPBrAib"><span style="font-size: 16px;">The funding rate exists due to dynamic changes in market supply and demand. When a large number of traders hold positions in the same direction, futures prices may deviate from the underlying spot index price, potentially causing abnormal market fluctuations.</span></div><div class="ace-line ace-line old-record-id-W4Jadwcqpo4F1Mxptgnuhtuts5d"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-At7UdZNaCosMDlxMupouHkGLs2d"><span style="font-size: 16px;">The funding rate mechanism uses economic incentives to guide trader behavior, encouraging futures prices to realign with the underlying asset price. This mechanism effectively prevents excessive price deviations and reduces the risk of market manipulation. For experienced traders, funding rates can also present additional profit opportunities.</span></div><div class="ace-line ace-line old-record-id-doxusu8xg8PjkJHmhZc6WU1Pyxe"><span style="font-size: 16px;"><br></span></div><h2 class="heading-2 ace-line old-record-id-RaBmdjbWYonHA9x0lTquTcxnswg"><strong>3. How to Check the Current Funding Rate on MEXC?</strong></h2><div class="ace-line ace-line old-record-id-doxusTaDVGlmT0mCeXsHKD71Ptb"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-QSvSdImtsoiASExthTlumvvzscd"><span style="font-size: 16px;">On the MEXC <a data-lark-is-custom="true" href="https://www.mexc.com/futures/BTC_USDT">Futures trading</a> page, you can directly view the current funding rate and the funding countdown for each Futures trading pair. As funding rates differ across trading pairs, simply switch between pairs to check the relevant information.</span></div><div class="ace-line ace-line old-record-id-doxusgnRZtLaCrSXc282Ewx4MDf"><span style="font-size: 16px;"><br></span></div><div style="text-align:center" class="ace-line ace-line old-record-id-doxusNT5CIattqgrH3sn4YJZXlh"><span style="font-size: 16px;">*BTN-<strong>Open Futures Trading</strong>&amp;BTNURL=<a data-lark-is-custom="true" href="https://www.mexc.com/futures/BTC_USDT">https://www.mexc.com/futures/BTC_USDT</a>* </span></div><div class="ace-line ace-line old-record-id-doxus7sfacjOXtXXmt4DBfSEp3g"><span style="font-size: 16px;"><br></span></div><div style="text-align:center" data-type="image" data-ace-gallery-json="{&quot;items&quot;:[{&quot;uuid&quot;:&quot;dff50b66-1fb3-4126-b9bc-9e7bc2eae236&quot;,&quot;height&quot;:2259,&quot;width&quot;:5277,&quot;currHeight&quot;:2259,&quot;currWidth&quot;:5277,&quot;natrualHeight&quot;:2259,&quot;natrualWidth&quot;:5277,&quot;pluginName&quot;:&quot;imageUpload&quot;,&quot;scale&quot;:1,&quot;src&quot;:&quot;https%3A%2F%2Finternal-api-drive-stream.larksuite.com%2Fspace%2Fapi%2Fbox%2Fstream%2Fdownload%2Fpreview%2FXAHZbsME1oVwynxgieJui7IOspd%2F%3Fpreview_type%3D16&quot;,&quot;file_token&quot;:&quot;XAHZbsME1oVwynxgieJui7IOspd&quot;,&quot;image_type&quot;:&quot;image/png&quot;,&quot;size&quot;:4151995,&quot;comments&quot;:[]}]}" class="image-uploaded gallery old-record-id-doxusgDpRC0Ovm1tewa2B8gT9Fg"><img src="https://mexc-rainbown-activityimages.s3.ap-northeast-1.amazonaws.com/banner/F20260216125529487T6R2KJAUYDN3sC.png" data-single-block="true" data-snapshot="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" data-suite="eyJmaWxlVG9rZW4iOiJYQUhaYnNNRTFvVnd5bnhnaWVKdWk3SU9zcGQiLCJvYmpUeXBlIjoiZG9jeCIsIm9ialRva2VuIjoiZG94dXNnRHBSQzBPdm0xdGV3YTJCOGdUOUZnIiwib3JpZ2luU3JjIjoiaHR0cHM6Ly9pbnRlcm5hbC1hcGktZHJpdmUtc3RyZWFtLmxhcmtzdWl0ZS5jb20vc3BhY2UvYXBpL2JveC9zdHJlYW0vZG93bmxvYWQvcHJldmlldy9YQUhaYnNNRTFvVnd5bnhnaWVKdWk3SU9zcGQvP3ByZXZpZXdfdHlwZT0xNiJ9" data-src="https://internal-api-drive-stream.larksuite.com/space/api/box/stream/download/all/XAHZbsME1oVwynxgieJui7IOspd/?mount_node_token=doxusgDpRC0Ovm1tewa2B8gT9Fg&amp;mount_point=docx_image" data-width="5277" data-height="2259" data-lark-image-uri="drivetoken://XAHZbsME1oVwynxgieJui7IOspd" data-lark-image-width="5277" data-lark-image-height="2259" data-host-from-cloud="true" style="max-width: 100%; height: auto; border-radius: 12px; font-size: 16px; width: 750px;"></div><div class="ace-line ace-line old-record-id-doxusA23gYBdvGrm23lwpsPQPqd"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-doxusaqi9bMux7vQUoTnWzGzi5e"><span style="font-size: 16px;"><br></span></div><h2 class="heading-2 ace-line old-record-id-Z66SdazVLoPmg2xo3c9uuRpYsHh"><strong>4. Detailed Funding Fee Calculation Methods</strong></h2><div class="ace-line ace-line old-record-id-doxusAtpSgoXdYMUcYYB8YFqbih"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-PjzfddSV0oACvLxREJZuvybxsCf"><span style="font-size: 16px;">MEXC supports two Futures modes, each with a slightly different funding fee calculation method.</span></div><div class="ace-line ace-line old-record-id-doxuspjtdq0UgPlm5KuNCQZYb9c"><span style="font-size: 16px;"><br></span></div><h3 class="heading-3 ace-line old-record-id-EwL3d0QlbodNpjx1ygZulymWswc"><span style="font-size: 16px;">4.1 Funding Fee Calculation for Stablecoin-Margined Futures </span></h3><div class="ace-line ace-line old-record-id-doxusVuIicVQRb40zzhwBJI3IAc"><span style="font-size: 16px;"><br></span></div><div style="white-space:pre;" class="ace-line ace-line old-record-id-O6DgdJHSEoFIG2xs9f2ubVAIslh"><span style="font-size: 16px;"><strong>Funding Fee</strong><strong> = </strong><strong>Position Value</strong><strong> × </strong><strong>Funding Rate</strong> <strong>Position Value = </strong><strong>Position Size</strong><strong> (</strong><strong>crypto quantity</strong><strong>) × Fair Price</strong></span></div><div class="ace-line ace-line old-record-id-doxusDq0pMbXpPi2BCX4dXLMQkf"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-WSfidrVveozoN2xWGWmu6HBxs0c"><span style="font-size: 16px;">Example: Assume Trader A holds a long position of 10 BTC in BTCUSDT Perpetual Futures. The current fair price is 10,000 USDT, and the funding rate is 0.01%.</span></div><ul start="1" class="list-bullet1"><li style="text-align:left" class="ace-line ace-line old-record-id-DP0Fd84tpoi9ZHxlQFMuHh2qsyd" data-list="bullet"><div><span style="font-size: 16px;">Position value = 10 × 10,000 = 100,000 USDT</span></div></li><li style="text-align:left" class="ace-line ace-line old-record-id-XqcmdBeoBoxXX8xkaZxu7JNxstf" data-list="bullet"><div><span style="font-size: 16px;">Funding fee = 100,000 × 0.01% = 10 USDT</span></div></li></ul><div class="ace-line ace-line old-record-id-CnZodKT3ioEAoixXKtPueNj0spC"><span style="font-size: 16px;">Since the funding rate is positive, Trader A (the long position holder) must pay 10 USDT, while short position holders with the same position size will receive 10 USDT.</span></div><div class="ace-line ace-line old-record-id-doxus1diEDMQsShxHsGlohcCV8f"><span style="font-size: 16px;"><br></span></div><h3 class="heading-3 ace-line old-record-id-P3Bqd57XHox8WzxU1VsumPLsswc"><span style="font-size: 16px;">4.2 Coin-Margined Futures Funding Fee Calculation</span></h3><div class="ace-line ace-line old-record-id-doxus5zVV5qgMHhV8r1kemp07Cd"><span style="font-size: 16px;"><br></span></div><div style="white-space:pre;" class="ace-line ace-line old-record-id-SSSfdAsyYoFS9ixofOHufBuTsPe"><span style="font-size: 16px;"><strong>Funding Fee</strong><strong> = </strong><strong>Position Value</strong><strong> × </strong><strong>Funding Rate</strong> <strong>Position Value = </strong><strong>Position Size</strong><strong> (Cont) × </strong><strong>Contract</strong><strong> Value</strong><strong> / Fair Price</strong></span></div><div class="ace-line ace-line old-record-id-doxusUmkWpSALgPitutqZg4xxge"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-XFFkdCRjhoO0ucxP4Tmu5NCAsne"><span style="font-size: 16px;">Example: Assume Trader A holds 100 cont. of BTCUSD long position, with each cont. having a value of $100. The current fair price is 10,000 USDT, and the funding rate is 0.01%.</span></div><ul start="1" class="list-bullet1"><li style="text-align:left" class="ace-line ace-line old-record-id-YHr0d9tuhoqMdixNddduYWmds6c" data-list="bullet"><div><span style="font-size: 16px;">Position value = 100 × 100 / 10,000 = 1 BTC</span></div></li><li style="text-align:left" class="ace-line ace-line old-record-id-TDfldPQdvo3OthxmHzsuxlJQsOc" data-list="bullet"><div><span style="font-size: 16px;">Funding fee = 1 BTC × 0.01% = 0.0001 BTC</span></div></li></ul><div class="ace-line ace-line old-record-id-FRMPdlkVfoX9MfxzC20u9ceasyb"><span style="font-size: 16px;">Since the funding rate is positive, Trader A must pay 0.0001 BTC, while the corresponding short position holders will receive 0.0001 BTC.</span></div><div class="ace-line ace-line old-record-id-doxusVXpd5jGY2DHOqJxYSK1vBc"><span style="font-size: 16px;"><br></span></div><h2 class="heading-2 ace-line old-record-id-Hf6rdL1rYoLBN4xa59Ju0AsssBf"><strong>5. Funding Settlement Time and Fee Rules</strong></h2><div class="ace-line ace-line old-record-id-doxusSgeRLR7u9ztuAgEcgiYcEg"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-MCa8dCjQeo4A9ex0sU7unQoesXc"><span style="font-size: 16px;">Funding fees are generally settled every 8 hours, at 00:00, 08:00, and 16:00 (UTC). Only users who hold open positions at the settlement time are required to pay or receive funding fees. Positions closed before the settlement time will not incur any funding fees. The entire process is fully automated, with funding fees directly exchanged between Futures position holders.</span></div><div class="ace-line ace-line old-record-id-doxusyzqtonNxZF0qMOOFsQVqId"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-WmhLdBm8HoeAZKxT3Qlu01N3sqe"><span style="font-size: 16px;">Note that funding settlement times may vary for certain trading pairs. Always refer to the Futures trading page for the most accurate information.</span></div><div class="ace-line ace-line old-record-id-doxusbQcD0YIs2YrJ0zFpJZqv8c"><span style="font-size: 16px;"><br></span></div><div style="text-align:center" class="ace-line ace-line old-record-id-doxus7pgcc10zKg1LUnhwohUpMf"><span style="font-size: 16px;">*BTN-<strong>View Funding Rates</strong>&amp;BTNURL=<a data-lark-is-custom="true" href="https://www.mexc.com/futures/information/funding_list">https://www.mexc.com/futures/information/funding_list</a>* </span></div><div class="ace-line ace-line old-record-id-doxusnx5QI31F2FURUXktnXG9Sg"><span style="font-size: 16px;"><br></span></div><h2 class="heading-2 ace-line old-record-id-CDEvdPTaloPCnwxr5FauTMpvsMc"><strong>6. How to Check Paid or Received Funding Fee Records?</strong></h2><div class="ace-line ace-line old-record-id-doxusrGqmNal4n2dCSs7fFI4a4f"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-QHQQdQe09o4vgSxe0WduJ8OQsbf"><span style="font-size: 16px;"><strong>Web: </strong>Go to the<strong><a data-lark-is-custom="true" href="https://www.mexc.com/futures/orders/contract?type=funding">Orders</a></strong> page and select <strong>Funding Fees</strong> to view detailed records.</span></div><div class="ace-line ace-line old-record-id-doxus1uSZpqNfhf3NmUdulJaCth"><span style="font-size: 16px;"><br></span></div><div style="text-align:center" data-type="image" data-ace-gallery-json="{&quot;items&quot;:[{&quot;uuid&quot;:&quot;086f11d0-e490-4fce-97df-83463eb14132&quot;,&quot;height&quot;:808,&quot;width&quot;:2938,&quot;currHeight&quot;:808,&quot;currWidth&quot;:2938,&quot;natrualHeight&quot;:808,&quot;natrualWidth&quot;:2938,&quot;pluginName&quot;:&quot;imageUpload&quot;,&quot;scale&quot;:1,&quot;src&quot;:&quot;https%3A%2F%2Finternal-api-drive-stream.larksuite.com%2Fspace%2Fapi%2Fbox%2Fstream%2Fdownload%2Fpreview%2FR2AebnoT4ovATKx6KnlunWPvsRg%2F%3Fpreview_type%3D16&quot;,&quot;file_token&quot;:&quot;R2AebnoT4ovATKx6KnlunWPvsRg&quot;,&quot;image_type&quot;:&quot;image/png&quot;,&quot;size&quot;:227687,&quot;comments&quot;:[]}]}" class="image-uploaded gallery old-record-id-doxusSz0KXi8GcrJkwAOWgznVhu"><img src="https://mexc-rainbown-activityimages.s3.ap-northeast-1.amazonaws.com/banner/F20260216125523868JLt0i36E1jaWLt.png" data-single-block="true" data-snapshot="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" data-suite="eyJmaWxlVG9rZW4iOiJSMkFlYm5vVDRvdkFUS3g2S25sdW5XUHZzUmciLCJvYmpUeXBlIjoiZG9jeCIsIm9ialRva2VuIjoiZG94dXNTejBLWGk4R2NySmt3QU9XZ3puVmh1Iiwib3JpZ2luU3JjIjoiaHR0cHM6Ly9pbnRlcm5hbC1hcGktZHJpdmUtc3RyZWFtLmxhcmtzdWl0ZS5jb20vc3BhY2UvYXBpL2JveC9zdHJlYW0vZG93bmxvYWQvcHJldmlldy9SMkFlYm5vVDRvdkFUS3g2S25sdW5XUHZzUmcvP3ByZXZpZXdfdHlwZT0xNiJ9" data-src="https://internal-api-drive-stream.larksuite.com/space/api/box/stream/download/all/R2AebnoT4ovATKx6KnlunWPvsRg/?mount_node_token=doxusSz0KXi8GcrJkwAOWgznVhu&amp;mount_point=docx_image" data-width="2938" data-height="808" data-lark-image-uri="drivetoken://R2AebnoT4ovATKx6KnlunWPvsRg" data-lark-image-width="2938" data-lark-image-height="808" data-host-from-cloud="true" style="max-width: 100%; height: auto; border-radius: 12px; font-size: 16px; width: 750px;"></div><div class="ace-line ace-line old-record-id-doxusLWOdkEOU07iLwJ9BN3JqDc"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-JMBHdoGrCofYwfxY7jrupN3lsRc"><span style="font-size: 16px;"><strong>App: </strong>Tap <strong>Profile Icon</strong> → <strong>Transactions</strong> → <strong>Futures Orders</strong> → <strong>Capital Flow</strong>, then use <strong>Filter</strong> to select <strong>Funding Fee</strong>and tap <strong>Confirm</strong> to view the records.</span></div><div class="ace-line ace-line old-record-id-doxustzILzJISXWVdRR8hYSKmYf"><span style="font-size: 16px;"><br></span></div><div style="text-align:center" data-type="image" data-ace-gallery-json="{&quot;items&quot;:[{&quot;uuid&quot;:&quot;95cf3a53-ce54-4336-8f1c-068eb7cced7e&quot;,&quot;height&quot;:2160,&quot;width&quot;:4173,&quot;currHeight&quot;:2160,&quot;currWidth&quot;:4173,&quot;natrualHeight&quot;:2160,&quot;natrualWidth&quot;:4173,&quot;pluginName&quot;:&quot;imageUpload&quot;,&quot;scale&quot;:1,&quot;src&quot;:&quot;https%3A%2F%2Finternal-api-drive-stream.larksuite.com%2Fspace%2Fapi%2Fbox%2Fstream%2Fdownload%2Fpreview%2FUGSxbuTGuoFTFxxJSVQuoAoxsAh%2F%3Fpreview_type%3D16&quot;,&quot;file_token&quot;:&quot;UGSxbuTGuoFTFxxJSVQuoAoxsAh&quot;,&quot;image_type&quot;:&quot;image/png&quot;,&quot;size&quot;:2235491,&quot;comments&quot;:[]}]}" class="image-uploaded gallery old-record-id-doxusHzB8309sCwv9dNSzjNSvvf"><img src="https://mexc-rainbown-activityimages.s3.ap-northeast-1.amazonaws.com/banner/F20260216125528599aENITioW947SUC.png" data-single-block="true" data-snapshot="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" data-suite="eyJmaWxlVG9rZW4iOiJVR1N4YnVUR3VvRlRGeHhKU1ZRdW9Bb3hzQWgiLCJvYmpUeXBlIjoiZG9jeCIsIm9ialRva2VuIjoiZG94dXNIekI4MzA5c0N3djlkTlN6ak5TdnZmIiwib3JpZ2luU3JjIjoiaHR0cHM6Ly9pbnRlcm5hbC1hcGktZHJpdmUtc3RyZWFtLmxhcmtzdWl0ZS5jb20vc3BhY2UvYXBpL2JveC9zdHJlYW0vZG93bmxvYWQvcHJldmlldy9VR1N4YnVUR3VvRlRGeHhKU1ZRdW9Bb3hzQWgvP3ByZXZpZXdfdHlwZT0xNiJ9" data-src="https://internal-api-drive-stream.larksuite.com/space/api/box/stream/download/all/UGSxbuTGuoFTFxxJSVQuoAoxsAh/?mount_node_token=doxusHzB8309sCwv9dNSzjNSvvf&amp;mount_point=docx_image" data-width="4173" data-height="2160" data-lark-image-uri="drivetoken://UGSxbuTGuoFTFxxJSVQuoAoxsAh" data-lark-image-width="4173" data-lark-image-height="2160" data-host-from-cloud="true" style="max-width: 100%; height: auto; border-radius: 12px; font-size: 16px; width: 750px;"></div><div class="ace-line ace-line old-record-id-doxusK4fjJ0OgldZBzbyjO5TlBd"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-doxusi6MZOn4Y9QYjZb136F53Ag"><span style="font-size: 16px;"><br></span></div><h2 class="heading-2 ace-line old-record-id-QLNLdN35qozUtJx9GuCuwYeEsyh"><strong>7. How to View Historical Funding Rate Data?</strong></h2><div class="ace-line ace-line old-record-id-doxustlJ7DlQsKvqVgYgvwZkHsb"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-BDUsdbip6oXkizxhdzguYk77sRb"><span style="font-size: 16px;"><strong>Web: </strong>Visit the MEXC<strong><a data-lark-is-custom="true" href="https://www.mexc.com/futures/information/funding_list">Funding Rate History</a></strong> page to view complete historical data.</span></div><div class="ace-line ace-line old-record-id-RZhEdgTJNokBTdx0Wp2umNGEs4e"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-H4goduyjEo77d7xLGw5uptgEsdg"><span style="font-size: 16px;"><strong>App: </strong>From the app homepage, enter <strong>Futures</strong>, tap the <strong>Funding/Countdown</strong> section, then select <strong>View </strong><strong>funding rate</strong><strong> history</strong> to access historical funding data.</span></div><div class="ace-line ace-line old-record-id-doxusfqAV2ZMepxQfRNORVOHZTb"><span style="font-size: 16px;"><br></span></div><div style="text-align:center" data-type="image" data-ace-gallery-json="{&quot;items&quot;:[{&quot;uuid&quot;:&quot;56c2a5c7-cded-44b5-b3f8-279d02c7cdae&quot;,&quot;height&quot;:2163,&quot;width&quot;:4173,&quot;currHeight&quot;:2163,&quot;currWidth&quot;:4173,&quot;natrualHeight&quot;:2163,&quot;natrualWidth&quot;:4173,&quot;pluginName&quot;:&quot;imageUpload&quot;,&quot;scale&quot;:1,&quot;src&quot;:&quot;https%3A%2F%2Finternal-api-drive-stream.larksuite.com%2Fspace%2Fapi%2Fbox%2Fstream%2Fdownload%2Fpreview%2FGkaLbTwgoo43Pcx79PJuNmfysgc%2F%3Fpreview_type%3D16&quot;,&quot;file_token&quot;:&quot;GkaLbTwgoo43Pcx79PJuNmfysgc&quot;,&quot;image_type&quot;:&quot;image/png&quot;,&quot;size&quot;:2489218,&quot;comments&quot;:[]}]}" class="image-uploaded gallery old-record-id-doxusfObgqx8NHCFJxToedmq2be"><img src="https://mexc-rainbown-activityimages.s3.ap-northeast-1.amazonaws.com/banner/F20260216125529599phyritCcWEZAud.png" data-single-block="true" data-snapshot="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" data-suite="eyJmaWxlVG9rZW4iOiJHa2FMYlR3Z29vNDNQY3g3OVBKdU5tZnlzZ2MiLCJvYmpUeXBlIjoiZG9jeCIsIm9ialRva2VuIjoiZG94dXNmT2JncXg4TkhDRkp4VG9lZG1xMmJlIiwib3JpZ2luU3JjIjoiaHR0cHM6Ly9pbnRlcm5hbC1hcGktZHJpdmUtc3RyZWFtLmxhcmtzdWl0ZS5jb20vc3BhY2UvYXBpL2JveC9zdHJlYW0vZG93bmxvYWQvcHJldmlldy9Ha2FMYlR3Z29vNDNQY3g3OVBKdU5tZnlzZ2MvP3ByZXZpZXdfdHlwZT0xNiJ9" data-src="https://internal-api-drive-stream.larksuite.com/space/api/box/stream/download/all/GkaLbTwgoo43Pcx79PJuNmfysgc/?mount_node_token=doxusfObgqx8NHCFJxToedmq2be&amp;mount_point=docx_image" data-width="4173" data-height="2163" data-lark-image-uri="drivetoken://GkaLbTwgoo43Pcx79PJuNmfysgc" data-lark-image-width="4173" data-lark-image-height="2163" data-host-from-cloud="true" style="max-width: 100%; height: auto; border-radius: 12px; font-size: 16px; width: 750px;"></div><div class="ace-line ace-line old-record-id-doxusPM9TErHhqg5AjdOkAfLESd"><span style="font-size: 16px;"><br></span></div><h2 class="heading-2 ace-line old-record-id-YoyQdbs0AoPZ3xxzi6WuGWewsMb"><span style="font-size: 16px;">Recommended Reading:</span></h2><ul start="1" class="list-bullet1"><li style="text-align:left" class="ace-line ace-line old-record-id-YPSjdtthgoSmvtxDnMOuikt6smf" data-list="bullet"><div><span style="font-size: 16px;"><a href="https://www.mexc.com/support/article/futures-trading-faq-305425827477864448">Futures Trading FAQ: A Complete Beginner's Guide</a></span></div></li><li style="text-align:left" class="ace-line ace-line old-record-id-OdR0di5iwoDylZxLXoEuRjw7sXf" data-list="bullet"><div><span style="font-size: 16px;"><a href="https://www.mexc.com/support/article/how-to-trade-futures-on-the-mexc-app-305421274812529664">How to Trade Futures on the MEXC App</a></span></div></li><li style="text-align:left" class="ace-line ace-line old-record-id-OXbAd8r12obgHyxGBfquw2zVs6b" data-list="bullet"><div><span style="font-size: 16px;"><a href="https://www.mexc.com/support/article/how-to-trade-futures-on-mexc-web-305423980641926144">How to Trade Futures on MEXC Web</a></span></div></li><li style="text-align:left" class="ace-line ace-line old-record-id-J728dp5edouxUIxX01zujrrWsVh" data-list="bullet"><div><span style="font-size: 16px;"><a href="https://www.mexc.com/support/article/time-in-force-tif-for-futures-trading-305427906242034688">Time in Force (TIF) for Futures Trading: A Complete Guide</a></span></div></li><li style="text-align:left" class="ace-line ace-line old-record-id-CO2ddZTT9orF1wxngpjujX1Msrd" data-list="bullet"><div><span style="font-size: 16px;"><a href="https://www.mexc.com/support/article/faq-on-auto-deleveraging-adl-8127010829081">FAQ on Auto-Deleveraging (ADL)</a></span></div></li><li style="text-align:left" class="ace-line ace-line old-record-id-FX2CdaleVoYUgkxX7aCu5xy5sMf" data-list="bullet"><div><span style="font-size: 16px;"><a href="https://www.mexc.com/support/article/faq-on-index-price-fair-price-and-last-price-7950960183961">FAQ on Index Price, Fair Price, and Last Price</a></span></div></li></ul></div>lg...

<div data-page-id="Fw5rdbnwQoBSe0xHvs1udT3Dslc" data-lark-html-role="root" data-docx-has-block-data="true"><div class="ace-line ace-line old-record-id-doxuszSFbTFIg1E0FF33KDsNQSb"><span style="font-size: 16px;">In cryptocurrency futures trading, some users may encounter situations where an order is automatically canceled after being placed. In most cases, this is related to Time in Force (TIF) settings. This guide provides a comprehensive explanation of Time in Force in Futures trading, helping you understand how different TIF options work and how to use them effectively to improve execution efficiency.</span></div><div class="ace-line ace-line old-record-id-doxusfA85bHjp9eauq9GgTW1L1c"><span style="font-size: 16px;"><br></span></div><h2 class="heading-2 ace-line old-record-id-GkCtd6KngoGKjnxb68yuSMJQsUD"><strong>1. What Is Time in Force (TIF) in Futures Trading?</strong></h2><div class="ace-line ace-line old-record-id-doxusVvNqOTXvQPa9sJH7Qs1BEZ"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-VzspdetIdowxR4xRmogupjceswf"><span style="font-size: 16px;">Time in Force (TIF) defines the period during which an order remains active before it is executed or automatically canceled. Simply put, it determines how long your order can remain "active" in the order book.</span></div><div class="ace-line ace-line old-record-id-doxusxD8ZzLeOZClvfe8k0J3jSe"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-doxusYvksp2dxtI2EUnehSrSY5g"><span style="font-size: 16px;">Understanding TIF is essential because choosing the right setting can significantly improve order execution, help you avoid missing ideal entry opportunities, and better manage risk exposure by preventing orders from being triggered unexpectedly during periods of high market volatility.</span></div><div class="ace-line ace-line old-record-id-SgZidL6QpogJMlxvS9Uu9ikUst7"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-XPCSdJWlzoTvx0x5U0dutw50sqh"><span style="font-size: 16px;">On the MEXC Futures trading platform, there are six order types available: limit, market, chase limit, trigger, trailing stop, and post only orders. Among these, limit orders, market orders, and trigger orders support Time in Force settings.</span></div><div class="ace-line ace-line old-record-id-doxusrQboENRMOsVa81J129OJKg"><span style="font-size: 16px;"><br></span></div><div style="text-align:center" class="ace-line ace-line old-record-id-doxus9mFwz9e2WB8pYsqJFVimsf"><span style="font-size: 16px;">*BTN-<strong>Trade Futures</strong>&amp;BTNURL=<a data-lark-is-custom="true" href="https://www.mexc.com/futures/BTC_USDT">https://www.mexc.com/futures/BTC_USDT</a>*</span></div><div class="ace-line ace-line old-record-id-doxus4ATHGHuNbxDFK5HjNoAIYc"><span style="font-size: 16px;"><br></span></div><h2 class="heading-2 ace-line old-record-id-YeAtdoTKioFwHoxtNZEuxIyYsdb"><strong>2. Time in Force Options by Order Type</strong></h2><div class="ace-line ace-line old-record-id-doxusNfwpYo9Nh1Ky75MEcrvSTf"><span style="font-size: 16px;"><br></span></div><h3 class="heading-3 ace-line old-record-id-YRuAd9rTpoCrB7x3uFkusCpusee"><span style="font-size: 16px;">2.1 Time in Force for Limit Orders</span></h3><div class="ace-line ace-line old-record-id-doxusrG6nqvoQpWZvbT1tB8Atbd"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-Ve1ZdT0nCorbirxCFRvu5uQXsUg"><span style="font-size: 16px;">Limit orders are the most commonly used order type in Futures trading. MEXC offers three Time in Force options for limit orders:</span></div><div class="ace-line ace-line old-record-id-Wl5SdPbFEo0mIoxQzyruMAMusvg"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-LGAkdW61SoYyiJx6w1JuCxTCs2e"><span style="font-size: 16px;"><strong>GTC (Good-</strong><strong>Till-</strong><strong>Canceled)</strong></span></div><div class="ace-line ace-line old-record-id-doxusPuRJZeEAdTM59GvVvRLdtg"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-Ybt5dLWNsoMdrMxRkbTuhSHusDg"><span style="font-size: 16px;">A GTC order remains active until it is fully filled or manually canceled by the user. The system will not cancel the order due to time constraints. This option is suitable for traders who are not in a rush to enter a position and are willing to wait for their target price. It is commonly used in swing trading strategies or passive order placement.</span></div><div class="ace-line ace-line old-record-id-doxuskkOz226Lof23lQOBcbF1ic"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-LQ12dA8CEoP2vnx25rcublSDsEc"><span style="font-size: 16px;">Example: If the current BTC price is 100,000 USDT and you believe 90,000 USDT is an ideal entry price, you can place a GTC limit buy order at 90,000 USDT. Even if the price does not reach this level immediately, the order will remain active until it is filled or canceled.</span></div><div class="ace-line ace-line old-record-id-doxusd5BRMOj7O6Ms0uBAVsYHhg"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-H1GKdx9u5oatLnx80MbuadYrszb"><strong style="font-size: 16px;">IOC (Immediate-Or-Cancel)</strong></div><div class="ace-line ace-line old-record-id-doxusbcI3hP8AsNjYGzDoJeWA2d"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-BeAydV1i9o62hgxloyduGkwisDg"><span style="font-size: 16px;">An IOC order requires the system to attempt immediate execution at the specified price. Any portion that can be filled immediately will be executed, while the unfilled portion will be automatically canceled.</span></div><div class="ace-line ace-line old-record-id-doxusYrvSxDZm0kbwJj313z6J3c"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-YKnSd7fLmoo9RlxXGBMuYKNnsCb"><span style="font-size: 16px;">Example: You place an order to buy 10 cont. Of BTCUSD at $91,000, but only 6 cont. are available at that price. With IOC, the system will immediately fill the 6 cont. and cancel the remaining 4 cont. This option is suitable for high-frequency trading or large orders where partial immediate execution is acceptable.</span></div><div class="ace-line ace-line old-record-id-doxush9e10DTp5BzRFIKbU6T0zc"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-DsY8d2QqLoEIWex1ZoMu0CDFs2f"><strong style="font-size: 16px;">FOK (Fill-Or-Kill)</strong></div><div class="ace-line ace-line old-record-id-doxus9YaMMEq7CneCbgWwk4nFme"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-JlT6dufTQoHg9jxVDtiuFJGfsmc"><span style="font-size: 16px;">An FOK order must be filled in its entirety immediately. If the market does not have sufficient depth to fill the full order at once, the entire order will be canceled without any execution.</span></div><div class="ace-line ace-line old-record-id-doxusAQz0FnqqSLCj283DWuJJiS"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-Vtm1dnsgUoMrQbxPO16uti41sUb"><span style="font-size: 16px;">Example: You attempt to buy 10 cont. of BTCUSD Futures at $91,000, but only 8 cont. are available. Since the full quantity cannot be filled, the system will cancel the entire order. This option is ideal for large trades, arbitrage, or hedging strategies where execution certainty and price consistency are critical.</span></div><div class="ace-line ace-line old-record-id-doxus1pO2GefQjMTIRqTk5NInyh"><span style="font-size: 16px;"><br></span></div><h3 class="heading-3 ace-line old-record-id-E1xldjLWhojRLZxXcFYuWGX7sZb"><span style="font-size: 16px;">2.2 Time in Force for Market Orders</span></h3><div class="ace-line ace-line old-record-id-doxusSwOurXMfgkkD3oFN6wmk1g"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-CWiZdTdoPoMxStxmBUpuL0R1syb"><span style="font-size: 16px;">Market orders prioritize fast execution but may be subject to slippage during volatile market conditions. To balance execution speed and price control, MEXC provides Market-to-Limit (MTL) orders.</span></div><div class="ace-line ace-line old-record-id-doxusfneCEvO0NehwGLhx92sq6g"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-Zqgad7I8xozlQ1xsbqjuIcAGs8g"><span style="font-size: 16px;">An MTL order is first submitted as a market order and executes immediately at the best available price. If the order is only partially filled, the remaining portion is automatically converted into a limit order at the average execution price and placed in the order book.</span></div><div class="ace-line ace-line old-record-id-doxus9no5PuH79W7BfeNog9bPec"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-FzMidsVgeoexj3x5NfsutKnksMh"><span style="font-size: 16px;">Example: If the BTC market price is $91,000 and you place an MTL order for 10 cont. of BTCUSD, the system may immediately fill 7 cont. at market price. The remaining 3 cont. will then be placed as a limit order at $91,000, waiting for further execution. This mechanism helps reduce the risk of the entire order being executed at unfavorable prices during sharp market movements.</span></div><div class="ace-line ace-line old-record-id-doxusNvRHHSGIgtyfH1e4wUQmNc"><span style="font-size: 16px;"><br></span></div><h3 class="heading-3 ace-line old-record-id-HxiEd2MLgo4GxJxvM1BuZFXNsXA"><span style="font-size: 16px;">2.3 Time in Force for Trigger Orders</span></h3><div class="ace-line ace-line old-record-id-doxusEhAMatpNEGTYKpeMPnxtWe"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-WBdkdYFxCoY7TQxW0J4u4fuFsYf"><span style="font-size: 16px;">Trigger orders are conditional orders that are submitted only when a predefined price condition is met. MEXC offers three validity time options for trigger orders:</span></div><div class="ace-line ace-line old-record-id-doxusPAv0V35EgsZUnoCmEPVKRc"><span style="font-size: 16px;"><br></span></div><ul start="1" class="list-bullet1"><li style="text-align:left" class="ace-line ace-line old-record-id-GK8ldy9mDo5CHvxbykEuIi93shh" data-list="bullet"><div><span style="font-size: 16px;">24-hour: Suitable for short-term traders tracking intraday price movements and breakout opportunities.</span></div></li><li style="text-align:left" class="ace-line ace-line old-record-id-FSqrdtoIcow5KzxucF1uF93jszc" data-list="bullet"><div><span style="font-size: 16px;">7-day: Ideal for swing trading or event-driven strategies, such as positioning ahead of major economic announcements.</span></div></li><li style="text-align:left" class="ace-line ace-line old-record-id-GZJ5dWXMxoFOA7x4D7Zup5XxsZc" data-list="bullet"><div><span style="font-size: 16px;">Long-term: Designed for trend-following strategies or gradual position building. Orders remain valid until triggered or manually canceled.</span></div></li></ul><div class="ace-line ace-line old-record-id-doxustk60jUThqK2vobELwmvBgg"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-YI4tdciNxokNZSx4mBpuOCi4sxb"><span style="font-size: 16px;">Note that trigger orders are submitted as market or limit orders only after the trigger condition is met. Setting an appropriate validity period helps prevent forgotten orders from being triggered unexpectedly.</span></div><div class="ace-line ace-line old-record-id-doxus3A48PfwO7gyPo40WTnyQAf"><span style="font-size: 16px;"><br></span></div><h3 class="heading-3 ace-line old-record-id-R8Nod4ZABoLzIcx4Lv7udDKNsr6"><span style="font-size: 16px;">2.4 How to Set Time in Force</span></h3><div class="ace-line ace-line old-record-id-doxusKpNEDEKt1qBrLaBX0D67Tg"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-LAr4d4g8YoTCCSxSweduv92Gsde"><span style="font-size: 16px;">On the MEXC <a data-lark-is-custom="true" href="https://www.mexc.com/futures/BTC_USDT">Futures trading</a> page, select your desired order type (Limit, Market, or Trigger) in the order placement panel. The Time in Force options can be found above the <strong>Open Long</strong> and <strong>Open Short</strong> buttons, where you can choose the setting that best fits your trading strategy.</span></div><div class="ace-line ace-line old-record-id-doxuslxClI8KK5fcLPjhOIbtzwe"><span style="font-size: 16px;"><br></span></div><div style="text-align:center" data-type="image" data-ace-gallery-json="{&quot;items&quot;:[{&quot;uuid&quot;:&quot;e6768e5d-73c1-49a3-8df5-250cde5853d0&quot;,&quot;height&quot;:1460,&quot;width&quot;:2932,&quot;currHeight&quot;:1460,&quot;currWidth&quot;:2932,&quot;natrualHeight&quot;:1460,&quot;natrualWidth&quot;:2932,&quot;pluginName&quot;:&quot;imageUpload&quot;,&quot;scale&quot;:1,&quot;src&quot;:&quot;https%3A%2F%2Finternal-api-drive-stream.larksuite.com%2Fspace%2Fapi%2Fbox%2Fstream%2Fdownload%2Fpreview%2FYLZybcn3ooGT4JxGXaduhYMXs0b%2F%3Fpreview_type%3D16&quot;,&quot;file_token&quot;:&quot;YLZybcn3ooGT4JxGXaduhYMXs0b&quot;,&quot;image_type&quot;:&quot;image/png&quot;,&quot;size&quot;:669199,&quot;comments&quot;:[]}]}" class="image-uploaded gallery old-record-id-doxusxUW7VlcINNEeg4G1bCD1Cg"><img src="https://mexc-rainbown-activityimages.s3.ap-northeast-1.amazonaws.com/banner/F20260216124744005SRlenzboi8Mc8f.png" data-single-block="true" data-snapshot="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" data-suite="eyJmaWxlVG9rZW4iOiJZTFp5YmNuM29vR1Q0SnhHWGFkdWhZTVhzMGIiLCJvYmpUeXBlIjoiZG9jeCIsIm9ialRva2VuIjoiZG94dXN4VVc3VmxjSU5ORWVnNEcxYkNEMUNnIiwib3JpZ2luU3JjIjoiaHR0cHM6Ly9pbnRlcm5hbC1hcGktZHJpdmUtc3RyZWFtLmxhcmtzdWl0ZS5jb20vc3BhY2UvYXBpL2JveC9zdHJlYW0vZG93bmxvYWQvcHJldmlldy9ZTFp5YmNuM29vR1Q0SnhHWGFkdWhZTVhzMGIvP3ByZXZpZXdfdHlwZT0xNiJ9" data-src="https://internal-api-drive-stream.larksuite.com/space/api/box/stream/download/all/YLZybcn3ooGT4JxGXaduhYMXs0b/?mount_node_token=doxusxUW7VlcINNEeg4G1bCD1Cg&amp;mount_point=docx_image" data-width="2932" data-height="1460" data-lark-image-uri="drivetoken://YLZybcn3ooGT4JxGXaduhYMXs0b" data-lark-image-width="2932" data-lark-image-height="1460" data-host-from-cloud="true" style="max-width: 100%; height: auto; border-radius: 12px; font-size: 16px; width: 750px;"></div><div class="ace-line ace-line old-record-id-doxusFuYyEhDaLGsfjFjeA1yuLo"><span style="font-size: 16px;"><br></span></div><h2 class="heading-2 ace-line old-record-id-DCZodS7GDot9rsxECQQustAUsbh"><strong>3. Why Time in Force Matters</strong></h2><div class="ace-line ace-line old-record-id-doxusKPZ3wlAv4fXyy7vJcOuHld"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-FO1JdUyNeoZg1wxmqybuuB2lsZd"><span style="font-size: 16px;">Setting Time in Force correctly is critical for Futures traders for several reasons:</span></div><div class="ace-line ace-line old-record-id-OQnjdrHNPowkfRxpdwoualIbsFh"><span style="font-size: 16px;"><br></span></div><ul start="1" class="list-bullet1"><li style="text-align:left" class="ace-line ace-line old-record-id-VD1wd2nBmotnqPxs4UdulCnus6d" data-list="bullet"><div><span style="font-size: 16px;"><strong>Improved execution efficiency</strong>: Ensures your order remains active within your intended time window, reducing missed opportunities.</span></div></li><li style="text-align:left" class="ace-line ace-line old-record-id-Y2e7dezUsoVqLBxSTEzu6d16sFb" data-list="bullet"><div><span style="font-size: 16px;"><strong>Avoid forgotten orders</strong>: Shorter validity periods such as 24 hours or 7 days help prevent outdated orders from being filled after market reversals.</span></div></li><li style="text-align:left" class="ace-line ace-line old-record-id-IqA7dN2Eeo17m8x4s55uAGQXsmd" data-list="bullet"><div><span style="font-size: 16px;"><strong>Precise strategy execution</strong>: Options like GTC, IOC, and FOK support different risk management needs, whether you prioritize immediacy or full execution.</span></div></li><li style="text-align:left" class="ace-line ace-line old-record-id-HiqjdNEV3ooPVrx59PvutTaFsTd" data-list="bullet"><div><span style="font-size: 16px;"><strong>Better risk control</strong>: Prevents orders from remaining in the market too long, reducing the risk of unintended fills during extreme volatility.</span></div></li></ul><div class="ace-line ace-line old-record-id-doxusbfmUVJky8x7QI5jOIp4JKd"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-KxQudpu0togEWaxL088uwIxcsMb"><span style="font-size: 16px;">Suggested configurations by trading style:</span></div><ul start="1" class="list-bullet1"><li style="text-align:left" class="ace-line ace-line old-record-id-NbcPdyJC4obqOlxVYWCuWhPBspc" data-list="bullet"><div><span style="font-size: 16px;">Day traders: IOC or 24-hour trigger orders</span></div></li><li style="text-align:left" class="ace-line ace-line old-record-id-BDRKdZK2RoTOMTxtJU4urmXZs3e" data-list="bullet"><div><span style="font-size: 16px;">Swing traders: GTC or 7-day trigger orders</span></div></li><li style="text-align:left" class="ace-line ace-line old-record-id-ZMZsdmUpCoJFLzx4K89uXSKSs7c" data-list="bullet"><div><span style="font-size: 16px;">Market-making and arbitrage: FOK combined with post only orders</span></div></li><li style="text-align:left" class="ace-line ace-line old-record-id-PLFQd0kG5oIlEoxIlF8uhW8QsHd" data-list="bullet"><div><span style="font-size: 16px;">Trend followers: Long-term trigger orders or trailing stop strategies</span></div></li></ul><div class="ace-line ace-line old-record-id-doxusLeG1tUm2HyVPsRSIaFwEDe"><span style="font-size: 16px;"><br></span></div><h2 class="heading-2 ace-line old-record-id-W0vCdDkHkovFWZx77vcuPxzqsYd"><strong>4. Time in Force FAQ</strong></h2><div class="ace-line ace-line old-record-id-doxusfFeB0NovyR4sqKv70mDhle"><span style="font-size: 16px;"><br></span></div><h3 class="heading-3 ace-line old-record-id-T3HTdPWW7osCTyxm0UxuzYA9sY3"><span style="font-size: 16px;">4.1 What does GTC mean?</span></h3><div class="ace-line ace-line old-record-id-doxusqA3zX2z6eO1OahCwISDfed"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-Hd9jdTfUZoP8qsxwOpzu81Wqskd"><span style="font-size: 16px;">GTC (Good-Till-Canceled) means the order remains active until it is fully filled or manually canceled. It will not be automatically canceled due to time expiration.</span></div><div class="ace-line ace-line old-record-id-RFNCd17bXoRAjZxCzXCuINmksOf"><span style="font-size: 16px;"><br></span></div><h3 class="heading-3 ace-line old-record-id-MoAZdOeuFoJ6btxulZ4ubTJis3c"><span style="font-size: 16px;">4.2 What is the difference between IOC and FOK?</span></h3><div class="ace-line ace-line old-record-id-doxus4VWGQBGo9vXImRxAT49XEf"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-DXIadUgNQoR77vxOggBuY5nIsIh"><span style="font-size: 16px;">IOC allows partial execution, with any unfilled portion canceled immediately. FOK requires the entire order to be filled at once; otherwise, the entire order is canceled.</span></div><div class="ace-line ace-line old-record-id-doxusz5Q5v7wXXBL9qMZKoMpvqc"><span style="font-size: 16px;"><br></span></div><h3 class="heading-3 ace-line old-record-id-KMujdCrdGoKkIhx0Pl1uyL2rsfh"><span style="font-size: 16px;">4.3 Why was my Futures order automatically canceled?</span></h3><div class="ace-line ace-line old-record-id-doxusmO3tdfq1bDsPUE6gCpD7Yc"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-FMVYd7FC4oY2nPxYqI7uJ6V6sIb"><span style="font-size: 16px;">The most common reason is an unsuitable Time in Force setting. If you use IOC or FOK and the market depth cannot meet the execution conditions, the order will be canceled. Trigger orders may also be canceled if their validity period expires.</span></div><div class="ace-line ace-line old-record-id-doxusSJn7mgs3uhBNpw06Z7UESC"><span style="font-size: 16px;"><br></span></div><h3 class="heading-3 ace-line old-record-id-PmQ0dDvWHoVTCAxj51Hurhddsxg"><span style="font-size: 16px;">4.4 When should I use an MTL order?</span></h3><div class="ace-line ace-line old-record-id-doxusCkdJaMUoA17ne7dhe22wnf"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-SkWRdpuifoVb4rxCnsmuYH72s3e"><span style="font-size: 16px;">MTL is ideal when you want fast execution but also want to limit slippage during volatile conditions. It combines the speed of market orders with the price protection of limit orders.</span></div><div class="ace-line ace-line old-record-id-doxusgahWlwX86GOoJjLxvoS7Oh"><span style="font-size: 16px;"><br></span></div><h3 class="heading-3 ace-line old-record-id-Q5ymd57eCoc0Lixn8g6uVNIUsHg"><span style="font-size: 16px;">4.5 Do trailing stop orders and post only orders support Time in Force?</span></h3><div class="ace-line ace-line old-record-id-doxusISkLweT8TZmgtdNe7vJ9Kb"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-TWqMdO5hxoz5PoxeK4ZuPhjpscd"><span style="font-size: 16px;">No. Trailing stop orders and post only orders do not support Time in Force settings on MEXC. However, they remain important tools: trailing stops are used for dynamic profit-taking and risk management, while post only orders ensure liquidity provision and potential maker fee benefits.</span></div><div class="ace-line ace-line old-record-id-XRthdK6w1o2bMQxRoTeuVlkKsXg"><span style="font-size: 16px;"><br></span></div><h2 class="heading-2 ace-line old-record-id-HIGSdmnenoIOivx6dg8uNgoKsT8"><span style="font-size: 16px;">Recommended Reading:</span></h2><ul start="1" class="list-bullet1"><li style="text-align:left" class="ace-line ace-line old-record-id-ZLS7dKoBDoKl2KxJXyBuFlH8sWb" data-list="bullet"><div><span style="font-size: 16px;"><a href="https://www.mexc.com/support/article/mexc-app-navigation-305429821797449728">MEXC App Navigation: Complete Guide</a></span></div></li><li style="text-align:left" class="ace-line ace-line old-record-id-SLM1dxM4fokv8wxeDJSulfkrsBc" data-list="bullet"><div><span style="font-size: 16px;"><a href="https://www.mexc.com/support/article/how-to-trade-futures-on-the-mexc-app-305421274812529664">How to Trade Futures on the MEXC App</a></span></div></li><li style="text-align:left" class="ace-line ace-line old-record-id-SWFjd3jMxo1REBxcUQsuIFgXsmc" data-list="bullet"><div><span style="font-size: 16px;"><a href="https://www.mexc.com/support/article/how-to-trade-futures-on-mexc-web-305423980641926144">How to Trade Futures on MEXC Web</a></span></div></li><li style="text-align:left" class="ace-line ace-line old-record-id-GdvMdMKdNoADAXxzkM8uBZS0s5d" data-list="bullet"><div><span style="font-size: 16px;"><a href="https://www.mexc.com/support/article/futures-trading-faq-305425827477864448">Futures Trading FAQ: A Complete Beginner's Guide</a></span></div></li><li style="text-align:left" class="ace-line ace-line old-record-id-VvA9dCjTqoREStx4SHSuSTZusdb" data-list="bullet"><div><span style="font-size: 16px;"><a href="https://www.mexc.com/support/article/mexc-futures-funding-rate-305432020820705280">MEXC Futures Funding Rate: Calculation Methods and How to View Funding Rates</a></span></div></li><li style="text-align:left" class="ace-line ace-line old-record-id-JqQ7dTqH4oxIzBxAZmmuOgegsZd" data-list="bullet"><div><span style="font-size: 16px;"><a href="https://www.mexc.com/support/article/faq-on-index-price-fair-price-and-last-price-7950960183961">Index Price, Fair Price, and Last Price Explained</a></span></div></li></ul><div class="ace-line ace-line old-record-id-WWJLddyFWoGhs8x4mADu3SCqsNh"><span style="font-size: 16px;"><br></span></div></div>lg...

<div data-page-id="LlTZd7ucFoA6LYxY2isue9yfsxg" data-lark-html-role="root" data-docx-has-block-data="true"><div class="ace-line ace-line old-record-id-doxusJBAlan4hU53uGGnWUKbSGL"><span style="font-size: 16px;">With its flexible trading mechanisms and efficient use of capital, crypto futures trading has attracted a growing number of traders. However, Futures trading involves relatively complex concepts and operating procedures, which can make it difficult for beginners to get started quickly. This Futures Trading FAQ answers the most common questions to help you fully understand the core concepts behind Futures trading and start your trading journey with confidence.</span></div><div class="ace-line ace-line old-record-id-doxusS1lUZeWqCloh6q0lUg1ryc"><span style="font-size: 16px;"><br></span></div><h2 class="heading-2 ace-line old-record-id-ZJMIdmQgLoTe20xnG4guMorMswh"><strong>1. What Is Crypto Futures Trading?</strong></h2><div class="ace-line ace-line old-record-id-JcWcd7RFIoANtcxrJqsuHrtVs5d"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-JhajdqbZ1oBqoTxBxUFusiIdsof"><span style="font-size: 16px;">Futures trading is a form of derivatives trading based on price movements of crypto assets. Unlike Spot trading, users do not need to hold the cryptocurrencies themselves. Instead, they can buy or sell Futures to speculate on market movements, allowing for opportunities to profit whether prices rise or fall. Futures trading is suitable for the following types of users:</span></div><ul start="1" class="list-bullet1"><li style="text-align:left" class="ace-line ace-line old-record-id-IU8AdKtyhoS5nuxfPqtuXeoNsId" data-list="bullet"><div><span style="font-size: 16px;">Users with market analysis skills who want to profit from short-term price fluctuations.</span></div></li><li style="text-align:left" class="ace-line ace-line old-record-id-CO74dSfB6oCJ5ZxbZdDuTjsxsl5" data-list="bullet"><div><span style="font-size: 16px;">Traders who want to improve capital efficiency through leverage with limited funds.</span></div></li><li style="text-align:left" class="ace-line ace-line old-record-id-Hw84dIQTfoxRwvxGlpuubChhs25" data-list="bullet"><div><span style="font-size: 16px;">Investors who want to seek profits even in declining markets.</span></div></li></ul><div class="ace-line ace-line old-record-id-doxuso2rJpeLQ3bxjLc1peXhV0c"><span style="font-size: 16px;"><br></span></div><h2 class="heading-2 ace-line old-record-id-CUQOdnPFToxjDjxt8EnuIx8ksOf"><strong>2. What are the Core Differences Between Futures Trading and Spot Trading?</strong></h2><div class="ace-line ace-line old-record-id-doxusdfzR3UUYwl328fDbLyr0ob"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-POSddGwOUo2OrOx37PouLnSpsyg"><span style="font-size: 16px;">The most fundamental difference between Futures trading and Spot trading is whether the underlying asset is actually held. The detailed comparison is as follows:</span></div><div><table class="ace-table" data-ace-table-col-widths="164;287;293" style="border:none;border-collapse:collapse;table-layout:fixed;width:500px;"><colgroup><col width="164"><col width="287"><col width="293"></colgroup><tbody><tr style="height:39px;"><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: top; font-size: 10pt;"><div style="text-align:left" class="ace-line ace-line old-record-id-O2ohdPK5Qo37pfxmtb9uA8vjsGe"><strong style="font-size: 16px;">Difference</strong></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: top; font-size: 10pt;"><div style="text-align:left" class="ace-line ace-line old-record-id-NZiGdkp2ToW694x7GqOuX8YhsKc"><strong style="font-size: 16px;">Futures Trading</strong></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: top; font-size: 10pt;"><div style="text-align:left" class="ace-line ace-line old-record-id-YheidaIikoMxtgxAK16uM6Dhsod"><strong style="font-size: 16px;">Spot Trading</strong></div></td></tr><tr style="height:39px;"><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: top; font-size: 10pt;"><div style="text-align:left" class="ace-line ace-line old-record-id-SR2GdMCHNoAwOXxJK4LuVwEyseh"><span style="font-size: 16px;">Asset holding</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: top; font-size: 10pt;"><div style="text-align:left" class="ace-line ace-line old-record-id-XbN1dloIoom4XXxiJMiuBFASsdv"><span style="font-size: 16px;">No, only price exposure</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: top; font-size: 10pt;"><div style="text-align:left" class="ace-line ace-line old-record-id-RkLnd0fwgoBbESxyZ27udwqWsCe"><span style="font-size: 16px;">Yes, actual crypto assets are held</span></div></td></tr><tr style="height:39px;"><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: top; font-size: 10pt;"><div style="text-align:left" class="ace-line ace-line old-record-id-F9UpdtjG1oM4kgxtfKmuZbFusEc"><span style="font-size: 16px;">Profit direction</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: top; font-size: 10pt;"><div style="text-align:left" class="ace-line ace-line old-record-id-CIs5dpsasopsR4x4Sz3usIUtsQh"><span style="font-size: 16px;">Supports both long and short positions</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: top; font-size: 10pt;"><div style="text-align:left" class="ace-line ace-line old-record-id-Jfl4dWZfRoVYHnxUzY7ujrU5sVc"><span style="font-size: 16px;">Profits only when prices rise</span></div></td></tr><tr style="height:39px;"><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: top; font-size: 10pt;"><div style="text-align:left" class="ace-line ace-line old-record-id-J58gdjFoiobssCx575iukKo1skb"><span style="font-size: 16px;">Leverage</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: top; font-size: 10pt;"><div style="text-align:left" class="ace-line ace-line old-record-id-ImPGdvfBHoqgRPxiuAauRf04scf"><span style="font-size: 16px;">Supports high leverage</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: top; font-size: 10pt;"><div style="text-align:left" class="ace-line ace-line old-record-id-PqFNdI0pdopTOFxbAQPuMQv5sZd"><span style="font-size: 16px;">Generally not supported</span></div></td></tr><tr style="height:39px;"><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: top; font-size: 10pt;"><div style="text-align:left" class="ace-line ace-line old-record-id-DJvoddXVFo78YdxEnequ7WYXskf"><span style="font-size: 16px;">Suitable users</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: top; font-size: 10pt;"><div style="text-align:left" class="ace-line ace-line old-record-id-TerbdwuYeo8vq2xc5BcuLtExsdb"><span style="font-size: 16px;">Short-term traders and hedging users</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: top; font-size: 10pt;"><div style="text-align:left" class="ace-line ace-line old-record-id-XBC3dxyTmop8FpxdNqWu9nwcsMf"><span style="font-size: 16px;">Long-term holders and DCA strategies</span></div></td></tr></tbody></table></div><div class="ace-line ace-line old-record-id-QJqEdKBcwo0n3MxG7PKuu1XKsxb"><span style="font-size: 16px;"><br></span></div><h2 class="heading-2 ace-line old-record-id-CzqadGgQboVSxRxg1L7uNdebsBc"><strong>3. Futures Trading Fees on MEXC</strong></h2><div class="ace-line ace-line old-record-id-ES2EdDo6Ko5mtPxIqxju9ey4sHd"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-A0pJdCcUHo66fSxr05kuAK46sNc"><span style="font-size: 16px;">Understanding the fee structure is critical for controlling Futures trading costs. MEXC Futures fees are set as follows:</span></div><ul start="1" class="list-bullet1"><li style="text-align:left" class="ace-line ace-line old-record-id-QRBVdEpR1o70aBxG3KXu7pxSsTf" data-list="bullet"><div><span style="font-size: 16px;"><strong>Maker</strong>: 0%. No fee is charged when placing orders that add liquidity to the order book.</span></div></li><li style="text-align:left" class="ace-line ace-line old-record-id-HA2Gd5WC6ogszpx8zecu3O10syg" data-list="bullet"><div><span style="font-size: 16px;"><strong>Taker</strong>: 0.02%. This fee applies to market orders or orders that execute immediately.</span></div></li></ul><div class="ace-line ace-line old-record-id-NLjQdnEB6o1Af4xgfTwudaNks9c"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-D2v6deztvoKkLGxZIa8uMYhUs4e"><span style="font-size: 16px;">You can view the latest Futures trading fees on the MEXC Fees page.</span></div><div class="ace-line ace-line old-record-id-doxusfWf2ugqOlblV47YfzJCblg"><span style="font-size: 16px;"><br></span></div><div style="text-align:center" class="ace-line ace-line old-record-id-doxusHf9oCd6ovqcstQWM0Zl5mb"><span style="font-size: 16px;">*BTN-View Futures Trading Fees&amp;BTNURL=<a data-lark-is-custom="true" href="https://www.mexc.com/fee">https://www.mexc.com/fee</a>*</span></div><div class="ace-line ace-line old-record-id-doxusciB8yu6rCZ7diRVY7RYite"><span style="font-size: 16px;"><br></span></div><h2 class="heading-2 ace-line old-record-id-MSQcdH58doLyEOxCjhNuhGpSsKd"><strong>4. How Should I Choose Leverage?</strong></h2><div class="ace-line ace-line old-record-id-ZjUUdkixropKXQxofLyuUq4DsLf"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-W9HKd0Pbaotp4axGyoWut1fusro"><span style="font-size: 16px;">MEXC's Futures platform offers flexible leverage settings, ranging from low to high levels. Users can freely adjust leverage based on market conditions and according to their own risk tolerance. Beginners are advised to start with low leverage and gradually increase it after gaining experience. It's always important to recognize that leverage amplifies both profits and risks. For example, using 100 USDT as margin with 10x leverage gives exposure to a 1,000 USDT position. If the market rises by 5%, the profit is 50 USDT, but a 5% decline results in the same amount of loss. Choosing leverage wisely is therefore a key part of risk management.</span></div><div class="ace-line ace-line old-record-id-CLsgdrhMjoQ1tVxjmw3uWc1VsLd"><span style="font-size: 16px;"><br></span></div><h2 class="heading-2 ace-line old-record-id-JjcDdyPHQov1PgxRodPu9CDDs8d"><strong>5. How Do I Open and Close Futures Positions?</strong></h2><div class="ace-line ace-line old-record-id-SCypdst5lokoI8xgSyquZHPlseO"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-LgGQdCYwXoMYPBxSys3uuk4Zsld"><span style="font-size: 16px;">The basic steps for Futures trading on MEXC are as follows:</span></div><div style="text-align:left" class="ace-line ace-line old-record-id-YkD3dtcfvoi1DmxAJKbudJZgsTb"><span style="font-size: 16px;">1) Log in to your MEXC account and enter the <a data-lark-is-custom="true" href="https://www.mexc.com/futures/BTC_USDT">Futures trading</a> page.</span></div><div style="text-align:left" class="ace-line ace-line old-record-id-J4M6ddgsjoQZ1pxyYtXuxO3BsOf"><span style="font-size: 16px;">2) Select the trading pair and set the leverage.</span></div><div style="text-align:left" class="ace-line ace-line old-record-id-IBaUdjDZ9oswlRxFWAAuKqCmsfg"><span style="font-size: 16px;">3) Choose the margin mode (isolated or cross).</span></div><div style="text-align:left" class="ace-line ace-line old-record-id-GGWId5ihSoQab4xh74Fu4utpswf"><span style="font-size: 16px;">4) Select the order type (limit, market, trigger, etc.).</span></div><div style="text-align:left" class="ace-line ace-line old-record-id-EK1ddtLN5oYn6MxMTh6uZFjdsPe"><span style="font-size: 16px;">5) Enter the trade quantity.</span></div><div style="text-align:left" class="ace-line ace-line old-record-id-NMhid1rXjo7ZYExOdBFuu6zCsSd"><span style="font-size: 16px;">6) Choose <strong>Open Long</strong> or <strong>Open Short</strong> to open a position.</span></div><div style="text-align:left" class="ace-line ace-line old-record-id-OPnmdCmKToneiQxcZHeuFy5tsPh"><span style="font-size: 16px;">7) When the price reaches your target, select <strong>Close</strong> to complete the trade.</span></div><div class="ace-line ace-line old-record-id-FTo6dLk3JoK0pmx9p0LuX5FQshb"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-CVEmda5sloRFpWxhDNyu7KPCssh"><span style="font-size: 16px;">For more detailed instructions, you can read:</span></div><ul start="1" class="list-bullet1"><li style="text-align:left" class="ace-line ace-line old-record-id-XPL5djhVDozuHlxQa15ucvgesje" data-list="bullet"><div><span style="font-size: 16px;"><a href="https://www.mexc.com/support/article/how-to-trade-futures-on-the-mexc-app-305421274812529664">How to Trade Futures on the MEXC App</a></span></div></li><li style="text-align:left" class="ace-line ace-line old-record-id-DB8edYBoOoxoTPxJn1LuzZMYsHd" data-list="bullet"><div><span style="font-size: 16px;"><a href="https://www.mexc.com/support/article/how-to-trade-futures-on-mexc-web-305423980641926144">How to Trade Futures on MEXC Web</a></span></div></li></ul><div class="ace-line ace-line old-record-id-RGORdq8pLoh6Dcx3wZmuUNMGsyg"><span style="font-size: 16px;"><br></span></div><div style="text-align:center" class="ace-line ace-line old-record-id-doxus6g0LwD2waEE7QHWwHDnvUf"><span style="font-size: 16px;">*BTN-<strong>Start Futures Trading</strong>&amp;BTNURL=<a data-lark-is-custom="true" href="https://www.mexc.com/futures/BTC_USDT">https://www.mexc.com/futures/BTC_USDT</a>* </span></div><div class="ace-line ace-line old-record-id-doxusnJZz6ujkkQyaHEkfNqxvFf"><span style="font-size: 16px;"><br></span></div><h2 class="heading-2 ace-line old-record-id-RVcedPVwgoJXIzxdaNvuAyXfsg7"><strong>6. What Is the Funding Rate?</strong></h2><div class="ace-line ace-line old-record-id-doxus69hR79t6gs0X8MtkzQRbfb"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-AWB9dWx8yowu8WxIG4wuZiPrsWe"><span style="font-size: 16px;">The <a data-lark-is-custom="true" href="https://www.mexc.com/futures/information/funding_list">funding rate</a> is a core mechanism in perpetual futures markets used to keep futures prices aligned with spot prices. The fee is exchanged directly between long and short position holders, and the platform does not charge any portion of it.</span></div><ul start="1" class="list-bullet1"><li style="text-align:left" class="ace-line ace-line old-record-id-DxTCdXDpdoS0qMxpaiauPRZJsOb" data-list="bullet"><div><span style="font-size: 16px;">When the funding rate is positive, long position holders pay funding fees to short position holders.</span></div></li><li style="text-align:left" class="ace-line ace-line old-record-id-O9hydzzixoPq0rx8rlmueOXis3d" data-list="bullet"><div><span style="font-size: 16px;">When the funding rate is negative, short position holders pay funding fees to long position holders.</span></div></li></ul><div class="ace-line ace-line old-record-id-YurmdhMmDoQdxPxd0v6uVECwsgh"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-LHUQdYXlTok7pcx6a2ZuA1XJsJg"><span style="font-size: 16px;">The funding fee is calculated as: Funding fee = Position value × Funding rate</span></div><div class="ace-line ace-line old-record-id-SYOSdbIFno74LHxYwZgug65asig"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-DDrcdKMoJoCaUvxQWXNuQWRlsJc"><span style="font-size: 16px;">Note that funding fees may affect the liquidation price and final profit or loss. Funding settlement times vary by trading pair. Refer to the information displayed on the official website for specific settlement times.</span></div><div class="ace-line ace-line old-record-id-doxusoO9pvHbq8JIjmmpOfGwWHd"><span style="font-size: 16px;"><br></span></div><div style="text-align:center" class="ace-line ace-line old-record-id-doxusQ2hiTkXCFBTenT83GKDsoc"><span style="font-size: 16px;">*BTN-<strong>View Funding Rates</strong>&amp;BTNURL=<a data-lark-is-custom="true" href="https://www.mexc.com/futures/information/funding_list">https://www.mexc.com/futures/information/funding_list</a>* </span></div><div class="ace-line ace-line old-record-id-doxusRBry0WvA2jrVvaPFapD73g"><span style="font-size: 16px;"><br></span></div><h2 class="heading-2 ace-line old-record-id-ZH1FdU20yoRgX7xUAJFuNNmUs5f"><strong>7. How Is Futures PNL Calculated?</strong></h2><div class="ace-line ace-line old-record-id-doxusXhsp1o2rwipsZkMGkIwBng"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-P32FdVKbloYyAwxriQAuVKQCsNT"><span style="font-size: 16px;">Futures trading mainly uses two settlement methods: Stablecoin-Margined Futures and Coin-M Futures.</span></div><div class="ace-line ace-line old-record-id-I3Rrdd0IRoB9Kqxs5X5uKSBlsDg"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-U4URdMD7VopxsHxTkCAu2dKRseh"><span style="font-size: 16px;">Stablecoin-Margined Futures</span></div><ul start="1" class="list-bullet1"><li style="text-align:left" class="ace-line ace-line old-record-id-AILHdCBgDoQfP0xb62duCfGOs1g" data-list="bullet"><div><span style="font-size: 16px;">Long position PNL = (Close price − Entry price) × Quantity × Size</span></div></li><li style="text-align:left" class="ace-line ace-line old-record-id-ZcdsdvtnoozupsxbvyHue3XRssc" data-list="bullet"><div><span style="font-size: 16px;">Short position PNL = (Entry price − Close price) × Quantity × Size</span></div></li></ul><div class="ace-line ace-line old-record-id-Ys4OdhoDUoYYKLxKAo4uLQ6RsAc"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-Pa0pdPTCQowzcixf2giudV7Gsgg"><span style="font-size: 16px;">Coin-M Futures:</span></div><ul start="1" class="list-bullet1"><li style="text-align:left" class="ace-line ace-line old-record-id-WRSsd8c1UoPYrsxr1Q2uwf9YsHc" data-list="bullet"><div><span style="font-size: 16px;">Long position PNL = (1 / Entry price − 1 / Close price) × Quantity × Size</span></div></li><li style="text-align:left" class="ace-line ace-line old-record-id-RLk3d6Q0loaKFSxtUlju8l7Mssf" data-list="bullet"><div><span style="font-size: 16px;">Short position PNL = (1 / Close price − 1 / Entry price) × Quantity × Size</span></div></li></ul><div class="ace-line ace-line old-record-id-doxusW9lbzsO4QuzaKUMgkkK8dc"><span style="font-size: 16px;"><br></span></div><h2 class="heading-2 ace-line old-record-id-UfROdrDQ5onzZjxYbHfun8E3sVg"><strong>8. What Is Liquidation and How Is the Liquidation Price Calculated?</strong></h2><div class="ace-line ace-line old-record-id-MJr3dMTwQoMHLexS4ZRu8fRVsJf"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-XC5FdcnTVouDISxQdaYup0hbsSb"><span style="font-size: 16px;">When margin is insufficient to cover losses, the platform triggers liquidation and automatically closes the position to prevent the account from becoming insolvent. </span></div><div class="ace-line ace-line old-record-id-Iz4PdmE2jo1wnFxllfGueVwBsEg"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-PdB5dqa3oo8t3nxSVrHuyOfnsve"><span style="font-size: 16px;">Liquidation condition: Position Margin + Unrealized PNL ≤ Maintenance Margin</span></div><div class="ace-line ace-line old-record-id-KRCwdJSVHoJHMJx5soouK8vWsgh"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-ZXnDdnP6nou7wlxA4PyuqWl2scf"><span style="font-size: 16px;">Liquidation price calculation:</span></div><div class="ace-line ace-line old-record-id-BAVnd4JeMoluBmxuqowucH7isyg"><span style="font-size: 16px;">Long position: Liquidation Price = (Maintenance Margin − Position Margin + Entry price × Quantity × Size) / (Quantity × Size)</span></div><div class="ace-line ace-line old-record-id-I4oQduXM1oajlhxL2sOujRDjsKh"><span style="font-size: 16px;">Short position: Liquidation price = (Entry price × Quantity × Size − Maintenance Margin + Position Margin) / (Quantity × Size)</span></div><div class="ace-line ace-line old-record-id-doxusnYyn8CNzz1RV6TQXWqGyfd"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-O6gaduN9kof3hlxLfr8u7FuxsW8"><span style="font-size: 16px;">Example: A user opens a BTC long position when the BTC price is 60,000 USDT with 50x leverage. If the price falls to 58,000 USDT and margin becomes insufficient, the platform will automatically liquidate the position at the liquidation price to prevent further losses.</span></div><div class="ace-line ace-line old-record-id-doxusJErLzc6LxMhAvHcxOgamle"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-PlI7dP2ekozpKnxQHDKu9vFRsMg"><span style="font-size: 16px;">For more details, you can read:</span></div><ul start="1" class="list-bullet1"><li style="text-align:left" class="ace-line ace-line old-record-id-CCsqd9VpAouQXex8RRYuFbG2sMd" data-list="bullet"><div><a data-lark-is-custom="true" href="https://www.mexc.com/learn/article/what-is-liquidation-a-complete-guide-to-its-mechanism-price-calculation-and-risk-management/1" style="font-size: 16px;">What Is Liquidation? A Complete Guide to Its Mechanism, Price Calculation, and Risk Management</a></div></li><li style="text-align:left" class="ace-line ace-line old-record-id-PwfudkFc3oKWXIxXYoquRAdRsKg" data-list="bullet"><div><a href="https://www.mexc.com/learn/article/understanding-liquidation-risk-faqs-and-protection-tips/1" data-lark-is-custom="true" style="font-size: 16px;">Understanding Liquidation Risk: FAQs and Protection Tips</a></div></li></ul><div class="ace-line ace-line old-record-id-doxusyOECbvlhJgr6P3O3Bq2hGf"><span style="font-size: 16px;"><br></span></div><h2 class="heading-2 ace-line old-record-id-H5uQd6X1doVm6Nxz4XfuJArMskf"><strong>9. Why Does the Liquidation Price Change?</strong></h2><div class="ace-line ace-line old-record-id-doxuseeqdddFLcFnznv8L9tiLSL"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-doxusvZb4AD02vmxb4qEHaxrl2g"><span style="font-size: 16px;">Changes in your Futures account balance directly affect the liquidation price.</span></div><div class="ace-line ace-line old-record-id-Iu4BdMd8DopAVTxTJTRuT9DFsUd"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-ORUSdpHneoLICaxKguqucApOshf"><span style="font-size: 16px;">When users hold both Stablecoin-Margined Futures and Coin-M Futures, funding settlements may cause the liquidation price to rise or fall depending on market conditions.</span></div><div class="ace-line ace-line old-record-id-doxusKGii0YL38JqqPBbdkxkv5e"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-Pba6d0ohforXcaxxK8duw23hsne"><span style="font-size: 16px;">Under multi-asset margin mode, liquidation prices may change more frequently than under single-asset margin mode. This is because liquidation prices are calculated based on the combined value of all margin assets, and fluctuations in margin prices will cause corresponding adjustments.</span></div><div class="ace-line ace-line old-record-id-doxusswAGeESaah9SNhTGhqOW5b"><span style="font-size: 16px;"><br></span></div><h2 class="heading-2 ace-line old-record-id-M6I3dgnaRokRqHxsR6KuBi3lsDc"><strong>10. Why Can't I Increase My Position Size Even With Sufficient Margin?</strong></h2><div class="ace-line ace-line old-record-id-doxusMbo5bJN5kvb5DYKklZY21d"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-OduSdQ8jOos2znxDUSWu8Rs6s3e"><span style="font-size: 16px;">This is usually related to risk limits. On the <a data-lark-is-custom="true" href="https://www.mexc.com/futures/information/risk_limit">Risk Limit</a> page, you can view the maximum position size allowed for each risk tier within the same Futures pair. As position size increases, the maximum allowable leverage decreases. This mechanism is used by the platform to control systemic risk.</span></div><div class="ace-line ace-line old-record-id-doxusVVCPuDvKlEOkOfu442aaxe"><span style="font-size: 16px;"><br></span></div><div style="text-align:center" class="ace-line ace-line old-record-id-doxusxIndUYazWBpv6I1aoGjQEf"><span style="font-size: 16px;">*BTN-<strong>View Risk Limits</strong>&amp;BTNURL=<a data-lark-is-custom="true" href="https://www.mexc.com/futures/information/risk_limit">https://www.mexc.com/futures/information/risk_limit</a>* </span></div><div class="ace-line ace-line old-record-id-doxus8wnqxptGMPkx7a9lMm3oud"><span style="font-size: 16px;"><br></span></div><h2 class="heading-2 ace-line old-record-id-WDBodVu0xoM7nSxK1zAuPPlosqg"><strong>Conclusion</strong></h2><div class="ace-line ace-line old-record-id-doxusWwQdmvXqwzyqc7SnIzKTCP"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-WB3adIFqGoI1M2xFsYpu2Awwsfb"><span style="font-size: 16px;">Futures trading is a high-risk, high-reward financial tool suitable for users with market judgment and strong risk management awareness. MEXC offers flexible leverage settings, diverse order types, and a transparent fee structure, making it an ideal platform for beginners to learn and practice Futures trading. Before trading, it is recommended to fully understand the rules for trading Futures, develop a reasonable trading strategy, and implement proper risk controls to steadily improve your trading skills.</span></div><div class="ace-line ace-line old-record-id-Ofx8d50A4oFo2dxGvZ7ugFQhsWg"><span style="font-size: 16px;"><br></span></div><h3 class="heading-3 ace-line old-record-id-ZPpndZnOmohwQDxLGp4uiiUpsBh"><span style="font-size: 16px;">Learn More About MEXC Futures: </span></h3><ul start="1" class="list-bullet1"><li style="text-align:left" class="ace-line ace-line old-record-id-VVafdFQaro0giKximqbusOePsKc" data-list="bullet"><div><span style="font-size: 16px;"><a href="https://www.mexc.com/support/article/time-in-force-tif-for-futures-trading-305427906242034688">Time in Force (TIF) for Futures Trading: A Complete Guide</a></span></div></li><li style="text-align:left" class="ace-line ace-line old-record-id-XL6Jd97WmoyPyjxf3uruDO71skh" data-list="bullet"><div><span style="font-size: 16px;"><a href="https://www.mexc.com/support/article/mexc-futures-funding-rate-305432020820705280">MEXC Futures Funding Rate: Calculation Methods and How to View Funding Rates</a></span></div></li><li style="text-align:left" class="ace-line ace-line old-record-id-QNh1dZAORoOAWyxaNSYue2E3slh" data-list="bullet"><div><span style="font-size: 16px;"><a href="https://www.mexc.com/support/article/mexc-app-navigation-305429821797449728">MEXC App Navigation: Complete Guide</a></span></div></li><li style="text-align:left" class="ace-line ace-line old-record-id-IoMQdL5y5os5JjxxjDfuEx3TsSd" data-list="bullet"><div><span style="font-size: 16px;"><a href="https://www.mexc.com/support/article/faq-on-index-price-fair-price-and-last-price-7950960183961">FAQ on Index Price, Fair Price, and Last Price</a></span></div></li><li style="text-align:left" class="ace-line ace-line old-record-id-KOqHdQVqaoFlf1xhWHQuvumcsrh" data-list="bullet"><div><span style="font-size: 16px;"><a href="https://www.mexc.com/support/article/faq-on-auto-deleveraging-adl-8127010829081">FAQ on Auto-Deleveraging (ADL)</a></span></div></li><li style="text-align:left" class="ace-line ace-line old-record-id-U1Ovdoug6ocI2GxLlAyuOU3Isgb" data-list="bullet"><div><span style="font-size: 16px;"><a href="https://www.mexc.com/support/article/futures-trading-page-terminology-guide-7951093588505">Futures Trading Page Terminology Guide</a></span></div></li></ul><div class="ace-line ace-line old-record-id-doxusYcXqSf8egjvyZzxtRsM0eg"><span style="font-size: 16px;"><br></span></div></div>lg...