Mark Price Filter

The "Mark Price" filter allows you to specify a range for mark price deviation from the current price. If the deviation exceeds the specified range, the algorithm will not place orders.

Availability: Only on USDT-M and COIN-M markets.

How to Use

Specify the deviation range in percentages from minimum to maximum value.

How it works: The algorithm checks the mark price deviation from the current price. If the deviation falls within the range — orders are placed, if it goes outside — the pair is excluded.

Examples:

• Positive values: mark price deviations above current price

• Negative values (without "plus" sign): mark price deviations below current price

• Range from smaller to larger: for example, from -1 to 0.5

What is Mark Price

Mark Price is a price that reflects the spot price on major exchanges in real time.

Used for:

• Liquidation trigger for positions

• Measuring unrealized profit and loss

Important: Mark Price does not affect the trader's actual profit and loss. A position is liquidated only when the mark price reaches the liquidation price.

Relationship with position direction:

• Negative Mark Price deviation (below current price) — closer to liquidation line for buy positions (long)

• Positive Mark Price deviation (above current price) — closer to liquidation line for sell positions (short)

Why This is Needed

The filter helps avoid trading on markets with large discrepancies between current price and fair asset valuation.

Application: Enable the filter and set an acceptable deviation range. The algorithm will only work with pairs where the mark price is within safe limits relative to the current price.