In Astral, lot size refers to the number of contracts traded, while value per lot represents the value of each contract. Here is the leverage explanation for stable trading on Astral:
Assuming you choose to engage in stable trading with the USDT as the base currency, the actual leverage on the Astral platform is 100.
- Example 1
Taking GBPT/USDT as an example, where each contract has a value of 100,000USDT and the GBPT/USDT exchange rate is 1.2.
User A uses 0.11GBPT as margin, applies 99x leverage, and opens a position of 0.1 lots.
Lot size = 0.1 Value per lot = 100,000GBPT GBPT/USDT exchange rate = 1.2
Trading volume = 0.1 * 100,000 * 1.2 = 12,000USDT
- Example 2
Considering GBPT/JPYT, where each contract has a value of 100,000USDT, the GBPT/JPYT exchange rate is 1.2, and the JPYT/USDT exchange rate is 0.02.
User A uses 0.11GBPT as margin, applies 99x leverage, and opens a position of 0.1 lots.
Lot size = 0.1 Value per lot = 100,000GBPT Exchange rate = 1.2 * 0.02
Trading volume = 0.1 * 100,000 * 1.2 * 0.02 = 240USDT
Please note that the actual leverage on the Astral platform is 100, not 99x. Additionally, the specific trading volume may vary due to market price fluctuations, resulting in potential changes to the final trading volume.