#ETHETFsApproved #FIT21 #BinanceLaunchpool #PEPE #buythedip
The screenshot shows details of a Bitcoin (BTC) to USDT perpetual futures contract. Here’s an explanation of the key details in simple English:
- Unrealized PNL (USDT): This is the profit or loss that hasn't been settled yet. In this case, it's a small profit of $0.30.
- ROI: Return on investment, which is +1.99%, indicating a small gain.
- Size (USDT): The total value of the contract, which is $138.80.
- Margin (USDT): The amount of money put up as collateral, which is $15.32.
- Margin Ratio: This is the percentage of the margin used compared to the total contract size, currently 3.41%.
- Entry Price: The price at which the contract was entered, which is $69,221.50.
- Mark Price: The current price of Bitcoin according to the exchange, which is $69,729.79.
- Liq. Price (Liquidation Price): The price at which the position will be forcibly closed to prevent further loss, which is $61,805.13.
This means you have a small profit on a leveraged Bitcoin futures contract.