What is Mark Price?

Mark price is a reference price used by exchanges to calculate the value of positions and determine liquidations in derivatives trading. It's designed to be manipulation-resistant and typically combines spot price, contract price, and funding rate to create a fair value estimate.

Components

Calculation Factors

  • Index price
  • Contract price
  • Funding rate
  • Time decay
  • Market volatility

Protection Mechanisms

  • Manipulation resistance
  • Price impact mitigation
  • Liquidation fairness
  • Market stability

Applications

Position Management

  • PnL calculations
  • Margin requirements
  • Liquidation levels
  • Risk assessment

Trading Impact

  • Order execution
  • Position monitoring
  • Risk management
  • Strategy planning

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