What are entry price, mark price, and liquidation price?

Entry price refers to the price at which a trader opens long or short positions.

Mark price is a reference price used for perpetual futures profit and loss valuation as well as risk management. The mark price is calculated from a weighted average of index prices from global crypto exchanges adjusted for funding.

Liquidation price is the price point at which the exchange will liquidate a trader’s position to prevent further losses. Before reaching the liquidation price, the exchange will give a warning through a margin call so that traders can close their positions manually or deposit additional funds.

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