---
title: "Common Definition | Binance Open Platform"
source: "https://developers.binance.com/docs/derivatives/options-trading/common-definition"
fetched_at: "2026-01-27T05:28:09.314Z"
---
# Public Endpoints Info

## Terminology[​](https://developers.binance.com/docs/derivatives/options-trading/common-definition)

-   `symbol` refers to the symbol name of a options contract symbol
-   `underlying` refers to the underlying symbol of a options contract symbol
-   `quoteAsset` refers to the asset that is the price of a symbol.
-   `settleAsset` refers to the settlement asset when options are exercised

## ENUM definitions[​](https://developers.binance.com/docs/derivatives/options-trading/common-definition)

**Options contract type**

-   CALL
-   PUT

**Order side (side)**

-   BUY
-   SELL

**Position side (positionSide)**

-   LONG
-   SHORT

**Time in force (timeInForce)**

-   GTC - Good Till Cancel
-   IOC - Immediate or Cancel
-   FOK - Fill or Kill
-   GTX - Post only

**Response Type (newOrderRespType)**

-   ACK
-   RESULT

**Order types (type)**

-   LIMIT

**Order status (status)**

-   NEW
-   REJECTED
-   PARTIALLY\_FILLED
-   FILLED
-   CANCELED
-   EXPIRED

**Kline/Candlestick chart intervals:**

m -> minutes; h -> hours; d -> days; w -> weeks; M -> months

-   1m
-   3m
-   5m
-   15m
-   30m
-   1h
-   2h
-   4h
-   6h
-   8h
-   12h
-   1d
-   3d
-   1w
-   1M

**Rate limiters (rateLimitType)**

> REQUEST\_WEIGHT

```
  {  	"rateLimitType": "REQUEST_WEIGHT",  	"interval": "MINUTE",  	"intervalNum": 1,  	"limit": 2400  }
```

> ORDERS

```
  {  	"rateLimitType": "ORDERS",  	"interval": "MINUTE",  	"intervalNum": 1,  	"limit": 1200   }
```

-   REQUEST\_WEIGHT
    
-   ORDERS
    

**Rate limit intervals (interval)**

-   MINUTE

# Filters

Filters define trading rules on a symbol or an exchange.

## Symbol filters[​](https://developers.binance.com/docs/derivatives/options-trading/common-definition)

### PRICE\_FILTER[​](https://developers.binance.com/docs/derivatives/options-trading/common-definition)

> **/exchangeInfo format:**

```
{  "filterType": "PRICE_FILTER",  "minPrice": "793.112",  "maxPrice": "1189.668",  "tickSize": "5.000"}
```

The `PRICE_FILTER` defines the `price` rules for a symbol. There are 3 parts:

-   `minPrice` defines the minimum `price` allowed; disabled on `minPrice` == 0.
-   `maxPrice` defines the maximum `price` allowed; disabled on `maxPrice` == 0.
-   `tickSize` defines the intervals that a `price` can be increased/decreased by; disabled on `tickSize` == 0.

Any of the above variables can be set to 0, which disables that rule in the `price filter`. In order to pass the `price filter`, the following must be true for `price`/`stopPrice` of the enabled rules:

-   sell order `price` >= `minPrice`
-   buy order `price` <= `maxPrice`
-   (`price`\-`minPrice`) % `tickSize` == 0

### LOT\_SIZE[​](https://developers.binance.com/docs/derivatives/options-trading/common-definition)

> **/exchangeInfo format:**

```
{  "filterType": "LOT_SIZE",  "minQty": "0.0001",  "maxQty": "1000",  "stepSize": "0.0100"}
```

The `LOT_SIZE` filter defines the `quantity` (aka "lots" in auction terms) rules for a symbol. There are 3 parts:

-   `minQty` defines the minimum `quantity` allowed.
-   `maxQty` defines the maximum `quantity` allowed.
-   `stepSize` defines the intervals that a `quantity` can be increased/decreased by.

In order to pass the `lot size`, the following must be true for `quantity`:

-   `quantity` >= `minQty`
-   `quantity` <= `maxQty`
-   (`quantity`\-`minQty`) % `stepSize` == 0

-   [Terminology](https://developers.binance.com/docs/derivatives/options-trading/common-definition)
-   [ENUM definitions](https://developers.binance.com/docs/derivatives/options-trading/common-definition)
-   [Symbol filters](https://developers.binance.com/docs/derivatives/options-trading/common-definition)
    -   [PRICE\_FILTER](https://developers.binance.com/docs/derivatives/options-trading/common-definition)
    -   [LOT\_SIZE](https://developers.binance.com/docs/derivatives/options-trading/common-definition)