During this period, the average BIT position in your spot account will be recorded through hourly snapshots.
The calculation method of the average daily BIT holdings in your spot account is the sum of the hourly snapshots of the BIT holdings in the spot account within a day divided by 24 hours.
We assume that Bob registered with Bybit on October 31st, and then deposits 100 BIT every hour. The snapshot record of its wallet balance is as follows:
00:00 AM: 100 BIT
1:00 AM: 200 BIT
2:00 AM: 300 BIT
3:00 AM: 400 BIT
…
11:00 PM: 2,400 BIT
in this situation According to the following calculation formula, his daily average wallet balance on October 31st will reach 1,250 BIT:
(100 BIT + 200 BIT + 300 BIT + 400 BIT +…+ 2,400 BIT) / 24
The daily average open interest of BIT in your spot account will be updated at 3:00 a.m. (UTC) every day. However, due to the large amount of asset calculations, there may be a delay in updating your BIT’s daily average holdings.
Please check Bybit official website or contact the customer support with regard to the latest information and more accurate details.
Bybit official website is here.
Please click "Introduction of Bybit", if you want to know the details and the company information of Bybit.
Comment by Hans
April 24, 2024
as I am trading here various assets, for me it's the most important feature. i mean, flexibility in tradable markets. i alternate trading styles, meaning that sometimes I trad...