Market Cap: $2.6971T -2.470%
Volume(24h): $59.5827B 20.150%
Fear & Greed Index:

22 - Extreme Fear

  • Market Cap: $2.6971T -2.470%
  • Volume(24h): $59.5827B 20.150%
  • Fear & Greed Index:
  • Market Cap: $2.6971T -2.470%
Cryptos
Topics
Cryptospedia
News
CryptosTopics
Videos
Top Cryptospedia

Select Language

Select Language

Select Currency

Cryptos
Topics
Cryptospedia
News
CryptosTopics
Videos

How to calculate AscendEX contract profit

Calculating AscendEX contract profit involves factors like price, size, leverage, margin, and the difference between opening and closing prices.

Dec 01, 2024 at 01:49 pm

How to Calculate AscendEX Contract Profit

AscendEX is a popular cryptocurrency exchange that offers a variety of products and services, including contract trading. Contract trading is a form of leveraged trading, which means that you can trade with more capital than you have on deposit. This can magnify your profits, but it can also magnify your losses.

To calculate your profit from an AscendEX contract, you need to take into account the following factors:

  • The contract price: This is the price of the underlying asset at the time you open the contract.
  • The contract size: This is the number of units of the underlying asset that you are trading.
  • The leverage: This is the amount of capital that you are using to trade.
  • The margin: This is the amount of capital that you have on deposit with the exchange.
  • The profit/loss: This is the difference between the contract price and the price at which you close the contract.

Here are the steps on how to calculate AscendEX contract profit:

  1. Calculate the contract value. The contract value is the contract price multiplied by the contract size. For example, if the contract price is $10,000 and the contract size is 100, then the contract value is $1,000,000.
  2. Calculate the margin requirement. The margin requirement is the minimum amount of capital that you need to have on deposit with the exchange in order to open a contract. The margin requirement is typically a percentage of the contract value. For example, if the margin requirement is 10%, then you would need to have $100,000 on deposit with the exchange in order to open a contract worth $1,000,000.
  3. Calculate the profit/loss. The profit/loss is the difference between the contract price and the price at which you close the contract. For example, if you open a contract at $10,000 and close it at $11,000, then your profit would be $1,000.
  4. Calculate the return on investment (ROI). The ROI is the profit/loss divided by the margin requirement. For example, if you made a profit of $1,000 and the margin requirement was $100,000, then your ROI would be 1%.

It is important to remember that contract trading is a leveraged product, which means that it can magnify your profits and losses. It is important to trade responsibly and to understand the risks involved before you start trading.

Disclaimer:info@kdj.com

The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!

If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.

Related knowledge

What are the advantages of smart contracts?

What are the advantages of smart contracts?

Mar 14,2025 at 11:51pm

Key Points:Enhanced Security: Smart contracts minimize the risk of fraud and human error through automated execution.Increased Transparency: All transactions and contract terms are publicly viewable on the blockchain, fostering trust and accountability.Automation & Efficiency: Smart contracts automate processes, eliminating intermediaries and speeding u...

What are the application scenarios of smart contracts?

What are the application scenarios of smart contracts?

Mar 13,2025 at 03:26pm

Key Points:Smart contracts automate agreements, removing intermediaries.Diverse applications across DeFi, NFTs, supply chain management, and more.Security and scalability remain key challenges.Understanding the underlying blockchain technology is crucial for effective implementation.Legal frameworks are still evolving to accommodate smart contract dispu...

What is the role of a smart contract in blockchain?

What is the role of a smart contract in blockchain?

Mar 15,2025 at 01:40pm

Key Points:Smart contracts automate the execution of agreements on a blockchain.They eliminate intermediaries and increase transparency and efficiency.Smart contracts enhance security through cryptographic hashing and immutability.Various types of smart contracts exist, catering to diverse applications.Risks associated with smart contracts include vulne...

What are the main features of a smart contract?

What are the main features of a smart contract?

Mar 13,2025 at 10:20pm

Key Points:Smart contracts automate the execution of agreements. Their core functionality relies on pre-defined conditions and cryptographic security.Immutability and transparency are key features, ensuring that once deployed, the contract's code cannot be altered without consensus (depending on the blockchain), and all transactions are viewable on the ...

How does a smart contract work?

How does a smart contract work?

Mar 13,2025 at 09:05pm

Key Points:Smart contracts are self-executing contracts with the terms of the agreement between buyer and seller being directly written into lines of code.They operate on a blockchain, ensuring transparency, security, and immutability.Deployment involves writing code, compiling it, and deploying it to a blockchain network.Execution is triggered by pre-d...

What is the settlement method of DOGE contract?

What is the settlement method of DOGE contract?

Mar 14,2025 at 09:30am

Key Points:Dogecoin (DOGE) contract settlement methods primarily depend on the exchange or platform offering the contract.Perpetual contracts typically use a mark price for settlement, avoiding the need for physical delivery of DOGE.Delivery contracts require the actual delivery of DOGE at contract expiration.Understanding the specific settlement mechan...

What are the advantages of smart contracts?

What are the advantages of smart contracts?

Mar 14,2025 at 11:51pm

Key Points:Enhanced Security: Smart contracts minimize the risk of fraud and human error through automated execution.Increased Transparency: All transactions and contract terms are publicly viewable on the blockchain, fostering trust and accountability.Automation & Efficiency: Smart contracts automate processes, eliminating intermediaries and speeding u...

What are the application scenarios of smart contracts?

What are the application scenarios of smart contracts?

Mar 13,2025 at 03:26pm

Key Points:Smart contracts automate agreements, removing intermediaries.Diverse applications across DeFi, NFTs, supply chain management, and more.Security and scalability remain key challenges.Understanding the underlying blockchain technology is crucial for effective implementation.Legal frameworks are still evolving to accommodate smart contract dispu...

What is the role of a smart contract in blockchain?

What is the role of a smart contract in blockchain?

Mar 15,2025 at 01:40pm

Key Points:Smart contracts automate the execution of agreements on a blockchain.They eliminate intermediaries and increase transparency and efficiency.Smart contracts enhance security through cryptographic hashing and immutability.Various types of smart contracts exist, catering to diverse applications.Risks associated with smart contracts include vulne...

What are the main features of a smart contract?

What are the main features of a smart contract?

Mar 13,2025 at 10:20pm

Key Points:Smart contracts automate the execution of agreements. Their core functionality relies on pre-defined conditions and cryptographic security.Immutability and transparency are key features, ensuring that once deployed, the contract's code cannot be altered without consensus (depending on the blockchain), and all transactions are viewable on the ...

How does a smart contract work?

How does a smart contract work?

Mar 13,2025 at 09:05pm

Key Points:Smart contracts are self-executing contracts with the terms of the agreement between buyer and seller being directly written into lines of code.They operate on a blockchain, ensuring transparency, security, and immutability.Deployment involves writing code, compiling it, and deploying it to a blockchain network.Execution is triggered by pre-d...

What is the settlement method of DOGE contract?

What is the settlement method of DOGE contract?

Mar 14,2025 at 09:30am

Key Points:Dogecoin (DOGE) contract settlement methods primarily depend on the exchange or platform offering the contract.Perpetual contracts typically use a mark price for settlement, avoiding the need for physical delivery of DOGE.Delivery contracts require the actual delivery of DOGE at contract expiration.Understanding the specific settlement mechan...

See all articles

User not found or password invalid

Your input is correct