Dear Users,
Effective from September 11, 2025, at 17:00 (UTC+8), HashKey Global will adjust the mark price calculation method. The specific details of the new method are as follows:
The mark price will be determined by taking the median value of the following three prices: Price 1, Price 2, and the Last Traded Price.
Price 1 = Index Price * (1 + Funding Rate * (Time Until Next Funding / Funding Period))
- Time Until Next Funding: The remaining time in hours before the next funding fee is collected. For example, if the next funding occurs in 5 hours and 20 minutes, the value in hours would be calculated as 5 + 20/60, rounded to two decimal places.
- Funding Period: The time interval in hours at which the platform collects the funding fee from users.
Price 2 = Price Index + Moving Average (5-Minute Basis)
- The Moving Average (5-Minute Basis) is calculated by taking the average of the best bid and best ask prices, subtracting the price index, and then averaging these values over the past 5 minutes. This is calculated every 5 seconds, resulting in a total of 60 data points.
- Moving Average (5-Minute Basis) = Σ [((Best Ask + Best Bid) / 2) - Index Price] / 60
Thank you for your support!
HashKey Global Team
HashKey Global
HashKey Global is a digital asset trading platform operated by HashKey Bermuda Limited under a Type F license granted by the Bermuda Monetary Authority. This information does not constitute an offer, solicitation, or recommendation for any investment product. Investing and trading virtual assets involve risks. HashKey Global does not service users from Hong Kong, United States, Mainland China and certain other jurisdictions in compliance with laws and regulations. Certain services, features, and campaigns may not be available in your jurisdiction.