◇ GLOSSARY
Notional
The dollar size of your exposure, not the margin you posted. P&L and funding are calculated on notional. At 10× leverage on $1,000 margin, notional is $10,000: a 1% move in the underlying is roughly ±$100 on the position.
◇ GLOSSARY
The dollar size of your exposure, not the margin you posted. P&L and funding are calculated on notional. At 10× leverage on $1,000 margin, notional is $10,000: a 1% move in the underlying is roughly ±$100 on the position.