Futures Rules

Available Balance:
The available balance in USDT margin Futures is calculated as follows:
Available balance = Account balance + Realized P&L of all Futures + Unrealized P&L of all contracts

Unrealized P&L:
This refers to the profit or loss of the positions currently held by the user, which changes with the mark price. Unrealized P&L is the profit or loss of all positions currently held in U-based Futures under cross margin mode.

Long position unrealized P&L = (Mark price - average entry price) * position quantity
Short position unrealized P&L = (average entry price - Mark price) * position quantity

Realized P&L:
This refers to the profit or loss generated by closed positions, transaction fees, and funding fees received or paid during the period. Realized P&L cannot be withdrawn from the USDT margin account until settlement.
Realized P&L = (Closing transaction price - average entry price) * transaction quantity

Average Entry Price:
The average entry price is the price used by the system to calculate the user's unrealized P&L and realized P&L. This price is adjusted accordingly after each contract settlement or additional position, but changes in the average entry price do not affect the user's actual profits and losses. When closing a position, the cost is calculated using the moving average method. That is, when closing a position, the system calculates the profit or loss based on the average holding price, rather than distinguishing which opening price the position was opened at.

The main reason for a position being liquidated despite setting a stop loss is that the user chose a different trigger price for the stop loss.
On HashKey Global, forced liquidation is triggered based on the mark price.
Users can choose whether the stop loss is triggered by the latest price or the mark price.
Therefore, the mark price might trigger forced liquidation before the latest transaction price triggers the stop loss.
Thus, HashKey Global users can choose the stop-loss trigger price based on their trading strategy.

How to Check the Selected Stop Loss Trigger Price?

1. Step 1: Go to the Order History.
2. Step 2: Select the relevant trading pair.
3. Step 3: Check the 'Trigger Price' column.

Why is the Stop Loss Order Status Displayed as 'Canceled'?

When a position is liquidated, the system will cancel all active orders, conditional orders, take profit, and stop loss orders, and reset the position information.

A limit order allows traders to set a specific execution price. Compared to market orders, limit orders provide traders with better control over the buy or sell price of their positions, at the expense of guaranteeing order execution.

The main reason a limit order executes immediately is as follows:

When the user's limit price matches the best available price (a price favorable to the user), the limit order will execute immediately.
For example:
Buy order = Order price is higher than the best available sell price
Sell order = Order price is lower than the best available buy price