The value of an unit of contract diffs in different exchanges, and even in the same exchange it differs in different markets.
For example:
BTCUSDT
contract is valued at 100 USD, and each alt coin contract is valued at 10 USD.BTC-USDT-SWAP
contract is valued at 0.01 BTC.BTC-USD-SWAP
contract is valued at 100 USD.Given quantity
, the number of traded coins/contracts, we can multiply it by contract_value
to get the total traded coins/USDs.