Trading

1. Funding Rate: The rate used to balance perpetual contract prices with the spot market. It's exchanged between traders within the contract and adjusts regularly based on market conditions.

2. Funding Fee: The cost associated with holding a position in a perpetual contract. It's exchanged between traders and is used to maintain the contract's price close to the spot market price.

3. Traders: Individuals engaging in contract trading with the aim of making profits.

4. Funding Rate Equation: A function used to calculate the actual funding rate in a contract.

5. USD Margin Perp: Perpetual contracts settled in USD (a stablecoin).

6. Coin Margin Perp: Perpetual contracts settled in the underlying asset (e.g., BTC/ETH).

7. Oracle Price: The price provided by an oracle, used as a reference in trading.

8. Latest Price: The most recent transaction price.

9. Open Interest: The total value of all outstanding positions in a contract market, including both LPs and traders.

10. Notional Value: The nominal value of a position, calculated based on the contract's face value and position quantity in USD.

11. Tick Size: The smallest price movement unit for a contract (e.g., for ETHUSD, it could be 0.01, indicating price precision up to two decimal places).

12. Leverage: The multiple of exposure compared to the margin deposited.

13. TP Order: Take profit order, used to set a target price to automatically close a profitable position.

14. SL Order: Stop loss order, used to set a price to automatically close a losing position.

15. Liq. Price: Liquidation price, the price at which a position is liquidated.

16. Margin Rate: The rate at which margin is calculated.

17. Maintenance Margin Rate: The minimum required margin to maintain a position.

18. Maintenance Margin: The minimum funds required to maintain a position.

19. Position Tier: The level that determines the maximum leverage and minimum maintenance margin rate for different positions.

20. Contract Size: The value represented by one contract.

21. ADL (Auto-Deleveraging): A mechanism used by derivatives platforms to handle forced position closures. It prioritizes positions for liquidation based on the risk they pose to the platform when there is a lack of liquidity to cover losing positions.

22. Trading Fee: The charge incurred for executing trades on a platform.

23. Trading Fee Rate: The percentage charged for trades, often differentiated between maker (provides liquidity) and taker (takes liquidity) fees.

24. ADL Indicator: An indicator that determines a trader's position in the auto-deleveraging queue. The larger the indicator, the higher the likelihood of being subject to auto-deleveraging.