Average Entry Price is calculated using the formula:

$\text{Average Entry Price} = \frac{\text{Total value of all positions in USDT}}{\text{Total quantity of the instrument}}$

Average Entry Price=Total quantity of the instrumentTotal value of all positions in USDT​

Example:

Trader A placed the following two long orders:

1. 0.1 BTCUSDT perpetual swap contracts at 30,000 USDT
2. 0.15 BTCUSDT perpetual swap contracts at 32,000 USDT

To calculate the Average Entry Price:

$\text{Average Entry Price} = \frac{(0.1 \text{ BTC} \times 30,000 \text{ USDT}) + (0.15 \text{ BTC} \times 32,000 \text{ USDT})}{0.1 \text{ BTC} + 0.15 \text{ BTC}}$

Average Entry Price=0.1 BTC+0.15 BTC(0.1 BTC×30,000 USDT)+(0.15 BTC×32,000 USDT)​

$\text{Average Entry Price} = \frac{(3,000 \text{ USDT}) + (4,800 \text{ USDT})}{0.25 \text{ BTC}}$

Average Entry Price=0.25 BTC(3,000 USDT)+(4,800 USDT)​

$\text{Average Entry Price} = \frac{7,800 \text{ USDT}}{0.25 \text{ BTC}}$

Average Entry Price=0.25 BTC7,800 USDT​

$\text{Average Entry Price} = 31,200 \text{ USDT}$

Average Entry Price=31,200 USDT