Position Airdrop Voucher FAQ
Why is the voucher value 1,000 USDT with 10x leverage, but the final position margin is less than 100 USDT?
A Position Airdrop Voucher uses the voucher value as a reference for the nominal position value when placing an order. However, the actual opening result may be lower than the theoretical value of "voucher value/leverage".
The main reasons are:
- The actual order is calculated based on the contract value and the available order quantity. The system cannot guarantee that the actual position value will be exactly equal to the voucher value. Therefore, the actual position value may be lower than the voucher value.
- Opening fees are still charged when the position is opened, and the fees will be deducted from the Position Airdrop Voucher. As a result, the final position margin may be lower than "voucher value/leverage".
For example, if the voucher value is 1,000 USDT and the leverage is 10x, the theoretical margin is approximately 100 USDT. However, due to the actual order quantity and the deduction of opening fees, the final margin may be lower than 100 USDT.
Where can I view the PnL details of my Position Airdrop Voucher position?
A position opened with a Position Airdrop Voucher is a simulated position. It does not enter the actual order book and will not affect market candlesticks or the order book.
To avoid confusion with the fund records of regular positions, the full details of a Position Airdrop Voucher position are usually available after the position is closed. You can view the position information, closing PnL, and other related details in Position History.
If the position closes with a loss, the loss will be covered by the Position Airdrop Voucher. If the position closes with a profit, the profit will be credited to your Futures account as cash assets, and you can view the corresponding PnL income record in your fund history.
Will the Position Airdrop Voucher conflict with other vouchers or rewards?
A Position Airdrop Voucher is a coupon, not bonus funds, so it generally does not conflict with other bonus-type rewards or vouchers. Users may hold and use other eligible rewards at the same time, subject to the specific campaign rules and page prompts.
Any loss generated from the Position Airdrop Voucher position will be covered by the voucher and will not affect the use of other vouchers.
Before the position is closed, the unrealized PnL and occupied margin of the Position Airdrop Voucher position will not be counted as your account assets, and will not affect the use of other bonus rewards or your own funds.
Why was my position closed?
A position opened with a Position Airdrop Voucher may be automatically closed at market price by the system under any of the following circumstances:
- The position is liquidated.
- The position's unrealized PnL reaches the platform's preset value.
- The position reaches the maximum holding time.
- The voucher expires or is reclaimed by the system.
After the position is closed, the corresponding Position Airdrop Voucher will become invalid and cannot be used again.
