Last Price vs. Mark Price in Futures: What Does It Mean for TP/SL?

Crypto derivatives have become increasingly popular in recent years as a way for traders to gain exposure to the cryptocurrency market without directly owning digital assets. However, understanding the fundamental concepts behind crypto derivatives can be challenging, particularly for newcomers. Mark Price, Index Price and Last Traded Price are key components of crypto derivatives trading for every crypto trader. 

In this article, we'll explore what these terms mean in an order book, how they’re derived, and how you can use them to your benefit.