Asset Page

Each asset has its own page inside the Blum Perps interface, accessible directly in the Telegram mini app.

Key Parameters on the Asset Page

• Mark Price – the fair price of the contract used to calculate PnL and liquidation. It is based on the average spot price across exchanges, not just the last trade.

• Last Trade Price – the price of the most recent trade in the Perps market. It may differ slightly from the mark price during fast moves.

• 24h Change – price movement in both absolute and percentage terms.

• 24h High / Low – the daily price range.

• 24h Volume – the total trading volume for the contract inside Blum.

• Funding – a mechanism balancing perp price with spot price. Example: Funding = 0.01%. If you hold a $1,000 BTC/USDT long, you’ll pay 0.01 USDT per interval.

  • If perps trade above spot – longs pay shorts.

  • If perps trade below spot – shorts pay longs.

A chart with timeframes (1m, 5m, 15m, 1h, 4h, 1d, 1w) is available.Action buttons:

• Long – open a long position if you expect the price to rise.

• Short – open a short position if you expect the price to fall.