How to calculate Huobi futures profit

Huobi contract profit calculation formula: Profit = (Contract Price - Opening Price) Contract Quantity Leverage, including steps: 1. Determine the contract price; 2. Determine the opening price; 3. Determine the contract quantity; 4. Determine the leverage.

Huobi Contract Profit Calculation

Huobi Contract is a financial derivatives contract that allows traders to use leverage to magnify potential profits or losses. The profit calculation is as follows:

Formula: Profit = (Contract Price - Opening Price) × Contract Quantity × Leverage

Steps:

1. Determine the contract price: The contract price is the settlement price when the contract expires .
2. Determine the opening price: The opening price is the price when the trader opens the contract.
3. Determine the number of contracts: The number of contracts refers to the number of contracts held by the trader.
4. Determine Leverage: Leverage is the multiple that traders use to magnify potential profits or losses.

For example:

Suppose a trader opens a Bitcoin contract with a leverage of 10x and a contract quantity of 10. If the price of Bitcoin rises from $30,000 to $31,000, the trader's profit is calculated as follows:

Profit = ($31,000 - $30,000) × 10 × 10 = $1,000

It should be noted that if the price of Bitcoin falls, , traders' losses will also be magnified by the same multiple. Therefore, it is important to understand the risks of leverage and use leverage with caution.

Huobi Token (HT) Price Analysis

Huobi Token (HT) is currently trading at $0.5163 with 24-hour trading volume of $234,536. HT price has increased by 0.25% in the past 24 hours.

HT has a circulating supply of 162,233,844 tokens, a maximum supply of 500,000,000, and a total supply of 162,233,844 tokens. This means that HT has a float market capitalization of approximately $83.77 million.

HT’s price has been relatively stable over the past few weeks, fluctuating between $0.50 and $0.55. However, it has seen a slight rise in recent days, which may be attributed to continued demand for its status as the native token of the Huobi Global exchange.

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