Cryptocurrency futures trading position

1. The Core Trade Details

THEUSDT Perp:

Using a perpetual contract with no expiration date, you trade the THE token against USDT (Tether).

S (Short):

denotes a wager that the price of THE will decrease.

Cross 75x:

Using "Cross Margin," this indicates 75x leverage. This carries a very high level of risk because your position will change as if you had $75 for every $1 that the price moves. To prevent liquidation, cross margin uses your entire account balance.

2. Income and Outcomes PNL (USDT):

191.70:

Right now, you're up $191.70.

ROI:

+342.54% indicates that your return on investment exceeds 300 percent of your initial margin.

3. Mechanics of Position

Size (THE): 37,589.4:

The total value of your shorted tokens.

Margin (USDT): 55.96:

This is the actual amount of your own money that you used to open this trade—55.96 dollars.

The margin ratio:

which measures how close you are to liquidation, is 10.30 percent. The exchange will close your position and you will lose your margin if this reaches 100 percent.

4. Price Ranges

The price of THE at the time the trade was opened is the entry price (0.1162000).

Mark Price:

The current market price (0.1111073) Your Short position is profitable due to the fact that it is lower than your initial price.

Liq. Price:

The Liquidation Price (0.2595925). Your trade will be automatically closed and you will lose $55.96 in margin if the price of THE reaches this level.