Market Data

Funding Information

Clicking Funding / Countdown will open the “About Funding” modal.Modal content:

The hourly rate at which longs pay shorts (if negative, shorts pay longs).There are no fees associated with funding, which is a peer-to-peer transfer between users designed to keep perpetual contract prices close to the spot price.See Docsarrow-up-right for details.

Order Book

Layout & Fields

  • Left: Price

  • Right: Size ({USDC})

    • Users can click the dropdown to switch the size unit.

Order Book Content

  • Sell Orders (Upper Section)

    • Displays sell orders sorted from low price to high price

    • The best ask appears at the bottom

  • Buy Orders (Lower Section)

    • Displays buy orders sorted from high price to low price

    • The best bid appears at the top

  • The number of displayed rows automatically adjusts based on the available height of the order book module.

Last Price & Mark Price

Displays:

  • Last Price: The most recent trade price

  • Mark Price: The reference price used for liquidation and funding calculations

Spread Options

  • Displays all available tick sizes for the current contract.

  • The currently selected tick size is highlighted in the popup.

  • The minimum tick size is selected by default.

When a user selects a different Spread option:

  • The order book will update to display aggregated data based on the selected tick size.

Order Book Display Modes

Users can switch between different order book display modes.

Available Modes

  • Buy & Sell (Default)

    • Sell orders displayed in the upper section

    • Buy orders displayed in the lower section

    • Mark Price displayed in the middle

  • Sell Only

    • Last Price & Mark Price displayed at the bottom

    • Sell orders displayed above

  • Buy Only

    • Last Price & Mark Price displayed at the top

    • Buy orders displayed below

Mode Switching

Clicking the display mode button cycles through the following order:

  • Buy & Sell → Sell Only

  • Sell Only → Buy Only

  • Buy Only → Buy & Sell

Order Book Popup

On the trading page, users can click the navigation button next to Last Price in the Order Book module to open the Order Book popup page.

Display Elements

  • Title: Order Book

  • Last Price & Mark Price

    • Display style and interaction are consistent with the trading page order book.

  • Table Header

    • The header follows the Size unit currently selected on the trading page.

    • No dropdown interaction is available in the popup.

      • If the unit is USDC:

    • Long (USDC)

    • Short (USDC)

      • If the unit is {Symbol}:

    • Long ({Symbol})

    • Short ({Symbol})

  • Spread Option

    • Inherits the Spread setting selected on the trading page.

  • Order Book Data

    • Display rules are consistent with the trading page.

    • A maximum of 20 rows are displayed.

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