Last Price, Index Price and Oracle Price
Last updated
Last updated
This refers to the latest price at which a contract is trading at real-time and is reflected on the order book. Traders will have their orders executed based on the last price as shown on the order book.
Index Price is the sum of prices pulled from multiple crypto spot exchanges, then calculated based on weighted average. It is used to derive funding fees.
Oracle Price is pulled from external and independent data aggregators and used to calculate your margin and liquidation price. The estimated liquidation price is influenced by your leverage and margin. If the Oracle Price reaches the liquidation price, your position will go through forced liquidation.