Introduction to the method of calculating the multiple of the 2024 currency circle perpetual contract

The formula for calculating the perpetual contract multiple in 2024 is: contract multiple = (minimum trading unit / contract face value) contract value. Among them: 1. The minimum trading unit and contract face value can be found on the contract details page of the exchange. 2. The contract value is the current market price of the underlying asset of the contract multiplied by the face value of the contract. 3. After substituting the formula, the contract multiple can be calculated. For example, the multiple of the BTC perpetual contract is (10 USDT / 0.01 BTC) 19,000 USDT = 190,000, which means that holding a 10 USDT position is equivalent to holding 190,000 USDT worth of BTC.

2024 Perpetual Contract Multiple Calculation Method

As a financial derivative, the perpetual contract’s multiple calculation method is crucial. The calculation of the perpetual contract multiple in 2024 is different from before. This article will introduce its calculation rules in detail.

Calculation formula

The calculation formula for the perpetual contract multiple in 2024 is:

合约倍数 = (最小交易单位 / 合约面值) * 合约价值

Among them:

• Minimum trading unit: refers to the minimum trading quantity specified by the exchange.
• Contract face value: Refers to the amount of assets represented by each contract.
• Contract value: refers to the current market value of the underlying asset of the contract.

Detailed steps to get the minimum trading unit and contract face value: This information can usually be found on the contract details page of the exchange.

1. Calculate contract value: This is the current market price of the underlying asset of the contract multiplied by the face value of the contract.
2. Substitute the formula to calculate the multiple: Substitute the minimum trading unit, contract face value and contract value into the formula to calculate the contract multiple.
3. For example

Suppose the BTC perpetual contract of an exchange:

Minimum trading unit:

10 USDT

• Contract face value: 0.01 BTC
• Contract value: 19,000 USDT
• Then, the multiple for this contract is calculated as follows:

  合约倍数 = (10 USDT / 0.01 BTC) * 19,000 USDT
  = 190,000

  This means that holding a position of 10 USDT is equivalent to holding 190,000 USDT worth of BTC.

Notes

The contract multiples of different exchanges may be different, please be sure to check the contract details page of the exchange to confirm. The contract multiple will fluctuate with changes in the underlying asset price and needs to be monitored regularly.

Understanding contract multiples is critical to managing risk and controlling positions.

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