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Introduction to Detailed Mode and Brief Mode on Binance Futures (App)

Introduction to Detailed Mode and Brief Mode on Binance Futures (App)

2023-02-22 13:57

What are Brief Mode and Detailed Mode on Binance Futures?

Binance users trading futures on the Binance app can choose between two modes: Detailed Mode and Brief Mode.
  • Brief Mode allows you to view more positions on one screen, which is useful if you hold multiple positions across different assets.
  • Detailed Mode provides a comprehensive overview of your futures positions. It includes additional indicators such as Margin, Return on Investment (ROI), Risk, and Breakeven price. Please note that the Detailed Mode is activated by default.

How to switch between Brief Mode and Detailed Mode for USDⓈ-M and COIN-M positions on Binance app?

Log in to the Binance app and go to [Futures]. Tap […] on the top right and choose [Preferences]. Go to [Positions Display Mode] and select [Brief Mode] or [Detailed Mode].

What key indicators does the Detailed Mode display?

The Detailed Mode is activated by default when you trade futures on the Binance app.
In Detailed Mode, you have access to a comprehensive view of your positions, including the following indicators:
1. Position Size: Trading units using stablecoins in USDⓈ-M Futures, such as USDT. The open position amounts shown are calculated based on the actual coin quantity, and the values change with the last price of the symbol. The position size is quoted in USDT for USDⓈ-M contracts and coin for COIN-M contracts.
2. Margin: The value of your margin balance (USDT) allocated to the initial margin requirements of your open positions. For more information, you can refer to the dedicated FAQs detailing margin and margin requirements calculation. For more information, please refer to How to Calculate the Margin Requirement on Binance Futures Trading.
3. Mark Price: Mark Price refers to the most current price for a specific contract. It plays a crucial role in calculating unrealized profit and loss (PNL) and margin calculations to prevent price manipulation. It can differ from the Last Price.
Mark Price is calculated based on the Index Price. The Price Index is a bucket of prices from the major Spot market exchanges, weighted by their relative volume. You can refer to this blog article to learn more about Mark Price.
4. Liquidation Price
Your position will be liquidated if the contract Mark Price exceeds the liquidation price.
To learn more about liquidation prices on Binance Futures, read this article on Binance Futures Liquidation Protocols.
5. Risk: Account Margin Ratio = Account Maintenance Margin / Account Equity
The lower the Margin Ratio, the lower your liquidation risk. Your positions will be liquidated once the Margin Ratio reaches 100%.
6. Return on Investment (ROI): Measures the profitability of your position in %. Learn more about ROI calculation here.
7. Entry Price: The price at which you bought the futures contract (long or short) on Binance.
If you tap [Entry Price], you’ll see a popup window displaying the breakeven price of your position.
8. Profit and Loss (PnL): Measures the change in the value of your positions. Please refer to How to Calculate Profit and Loss for Futures Contracts to learn more about PnL calculation for USDⓈ-M and COIN-M contracts.
Additionally, if you tap [PnL], you’ll see a pop-up window allowing you to base your PnL Calculation on either the contract’s Mark Price or Last Price.
Note: You can easily calculate the PnL, Target Price, ROI, and Liquidation Price using the Futures Calculator. Refer to the in-depth tutorial on How to Use Binance Futures Calculator for more information.

What indicators does the Brief Mode display?

Brief Mode provides a compact view displaying more positions on one screen, making it more convenient for traders who prefer a complete overview of their positions on the Binance app.
The following key indicators of positions are displayed under Brief Mode: Asset Symbol and corresponding position size, Entry Price, Mark Price, Liquidation Price, and PnL.
For more information regarding Binance Futures, please visit: