What Is Margin Index Price

What is Margin Index Price?

CoinEx employs a unique Margin Index Price marking system to calculate the indexes (risk rate, etc.) in your Margin account.

The anticipatory mechanism of the system ensures the Index Price swings within an acceptable range when a drastic swing happens on any of the exchanges to avoid force liquidation and protect your privileges.

The Index Price is determined by the weighted prices from a selection of mainstream crypto exchanges as follows. You can also see details on Index Price.

Exchange

Weight%

Binance

25%

Bitfinex

25%

KuCoin

25%

Huobi Global

25%

 

About Index Price

1. The Index Price is updated every 5 seconds.

2. If there is no counterpart pairs in the quote coin on the selected exchange, the exchange rate will be converted into the pricing currency supported by CoinEx index price (for example, the price of LINK/BTC is calculated by LINK/USDT and BTC/USDT).

3. In case any of the selected exchange is down for maintenance or the last execution price and trading volume is not updated for a period of time (15 minutes), CoinEx will temporarily remove the exchange and even out the weights.