Glossary
Trading-Based
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24hr Volume |
Amount of transaction volume performed in the last 24 hours |
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24hr High |
Highest recorded last traded price in the last 24 hours |
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24hr Low |
Lowest recorded last traded price in the last 24 hours |
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Active Orders |
Orders that are inside a trader's Active tab pending for execution. This also represents orders that are pending for execution inside the order book. |
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API |
An acronym for Application Programming Interface, which is a software intermediary that allows two applications (e.g. Bybit Indonesia to trading bots and vice versa) to talk to each other. |
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Available Balance |
The amount of margin available inside a trader's asset balance to perform trading activities or asset withdrawals |
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Base Currency |
It is one part of a trading price mechanism (Quote and Base) and mainly quoted in cryptocurrencies and used to calculate fees, and profits/losses. |
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Conditional Orders |
Advanced orders that can be submitted and automatically executed when the selected reference price (Last, Mark, Index) reaches the trigger price |
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Fill Or Kill (FOK) |
It is a kind of time-in-force (TIF) strategy to allow traders to vary their order execution according to their trading strategies. FOK orders must immediately be executed at the order price or better, otherwise, it will be completely canceled. Partial filling of an order will not be accepted. |
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Good Til Cancelled (GTC) |
It is a kind of time-in-force (TIF) strategy to allow traders to vary their order execution according to their trading strategies. GTC orders will remain valid until it is fully executed or manually canceled by the trader. |
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Index Price |
Index price is derived from the sum of the prices from various spot exchanges multiplied by their respective weightage |
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Immediate Or Cancel (IOC) |
It is a kind of time-in-force (TIF) strategy to allow traders to vary their order execution according to their trading strategies. IOC orders attempt to fill immediately at the order limit price or better. If the order cannot be filled immediately, the unfilled contracts will be automatically canceled. |
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Limit Order |
Limit order is an order type that allows traders to place orders at an order price better than current best bid/ask prices inside the order book. |
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Last Traded Price (LTP) |
This is the platform's current market price |
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Market Depth |
Market depth refers to the order book's ability to sustain relatively large market orders without impacting its execution price. |
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Market Order |
A market order is an order type that is executed immediately at the current best available market prices inside the order book. |
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Maker Order |
Maker order is a type of order execution that adds liquidity to an order book before being executed. After it has been successfully executed, such orders will pay a lower fee of the contract value on the platform. |
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Mark Price |
Mark price refers to a global spot price index plus a decaying funding basis rate |
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Order Book |
It is an electronic list of buy and sell orders organized and sorted by price level. |
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Order Cost |
Order cost consists of the initial margin of the order + fee rate |
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Order Price |
Order price is the price that traders can manually input when setting up limit orders |
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Order History |
Order history records all the orders that have been successfully placed by the trader on the platform |
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Order Margin |
Order margin consists of the sum of all margins for active orders that are pending for execution |
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Order# |
Order ID that is uniquely assigned to each individual order successfully placed on the platform |
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Post-Only |
An additional option to limit or conditional limit orders, this function serves to ensure that the order will be executed as a maker order. |
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Quote Currency |
It is one part of a trading's price mechanism (Quote and Base) and mainly quoted in IDR to determine the orders' number of contracts quantity. |
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Quantity |
The unit of measurement for the order size on Bybit Indonesia |
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Risk Limit |
Risk limit is a risk management measure to limit the risk exposure of traders. |
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ROI |
Return of Investment percentage. Inside the Bybit Indonesia calculator, this highlights the order's P&L relative to the margin in terms of percentage. |
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Stop Loss (SL) |
A stop-loss order is an order placed to limit a trader's losses on an existing open order. SL orders can be easily placed via the TPSL function. |
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Take Profit (TP) |
A take-profit order is an order placed to close a trader's order at a profit. TP orders can be easily placed via the TPSL function. |
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Taker Order |
Taker order is a type of order execution that 'takes' and consumes liquidity out from the order book when it is executed. Such orders will pay a taker fee of the contract value on the platform. |
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Time In Force |
'Time in Force' is a set of order execution strategies to allow advanced traders to vary the order's effective execution method to suit their trading needs. |
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Trailing Stop |
Trailing stop is an order function that will allow a stop order to dynamically follow the last traded price based on a pre-set distance to lock in an open order's profit or stop loss. |
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Trigger Price |
Trigger price refers to the pre-determined price criteria that can be set to trigger conditional orders or TPSL on the platform. |
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Trading Fee |
The trading fees received/payable by the traders to execute orders on the platform |
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Transaction Fee |
Shown inside your withdrawal history. It is equivalent to the mining fees paid to withdraw your asset. |
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Transaction ID |
Transaction ID that is uniquely assigned to each individual trade successfully transacted on the platform |
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Trade History |
Trade History records the transaction details of all your successfully executed orders, trading fees and funding fees that were paid/collected. |
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UID |
Account unique ID number |
Account-Based
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Term |
Definition |
Formula |
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Total Equity |
Total equity of all assets under the account. |
Wallet Balance |
Asset-Based
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Term |
Definition |
Formula |
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IDR Value |
The IDR value of the asset (calculated in IDR) |
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Wallet Balance |
The amount of assets you physically hold in your UTA wallet, calculated in IDR. |
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Equity |
The equity of the asset available in your account |
Asset Wallet Balance |