Supplementary Instructions for Perpetual and Quick Contract Trading Rules

Dear Users,

SunX Exchange provides the following supplementary instructions regarding Perpetual and Quick Contract trading rules:

1. Market Orders

Price reference: Latest price K-line

2. Limit Orders

Price reference: Latest price K-line

3. Plan Orders

Price reference: Latest price K-line

4. Take Profit / Stop Loss

4.1 Trigger price reference for Take Profit / Stop Loss: Mark Price K-line

4.2 Execution price for market or limit orders triggered by Take Profit / Stop Loss: Latest price K-line

5. Additional Notes on Mark Price

5.1 Mark Price is used as a reference for Take Profit / Stop Loss trigger prices

5.2 Mark Price is used to calculate unrealized P&L and margin, may differ from latest contract price

5.3 Mark Price calculation method: link

Note: Mark Price is used to prevent price manipulation.

6. How to check Latest Price K-line and Mark Price K-line

6.1 APP: Select the corresponding coin K-line chart under the contract type, click Latest Price / Mark Price at the top right of the chart to switch

6.2 PC: Select the corresponding coin K-line chart under the contract type, click Latest Price / Mark Price at the top of the chart to switch

7. K-line Abnormal Order Compensation Process

If a user’s contract order fails to trigger or execute according to the above price standards, and after checking the K-line there is a discrepancy, the user may send their UID and relevant position screenshots to the official support email: support@sunx.vip

 for compensation request

SunX will review based on the price reference standards and the user’s historical operations

SunX

Tuesday, June 20, 2023