--- title: "Common Definition | Binance Open Platform" source: "https://developers.binance.com/docs/derivatives/portfolio-margin/common-definition" fetched_at: "2026-01-27T05:28:19.052Z" --- # Public API Definitions ## Terminology[​](https://developers.binance.com/docs/derivatives/portfolio-margin/common-definition) - `baseasseet` refers to the asset that is the `quantity` of a symbol. - `quoteAsset` refers to the asset that is the `price` of a symbol. - `Margin` refers to `Cross Margin` - `UM` refers to `USD-M Futures` - `CM` refers to `Coin-M Futures` ## ENUM definitions[​](https://developers.binance.com/docs/derivatives/portfolio-margin/common-definition) **Order side (side)** - BUY - SELL **Position side for Futures (positionSide)** - BOTH - LONG - SHORT **Time in force (timeInForce)** - GTC - Good Till Cancel - IOC - Immediate or Cancel - FOK - Fill or Kill - GTX - Good Till Crossing (Post Only) **Stop-Limit Time in force (stopLimitTimeInForce)** - GTC - Good Till Cancel - IOC - Immediate or Cancel - FOK - Fill or Kill **Side Effect Type (sideEffectType)** - NO\_SIDE\_EFFECT - MARGIN\_BUY - AUTO\_REPAY **Price Match (priceMatch)** - NONE: no price match - OPPONENT: counterparty best price - OPPONENT\_5: counterparty 5th best price - OPPONENT\_10: counterparty 10th best price - OPPONENT\_20: counterparty 20th best price - QUEUE: the best price on the same side of the order book - QUEUE\_5: the 5th best price on the same side of the order book - QUEUE\_10: the 10th best price on the same side of the order book - QUEUE\_20: the 20th best price on the same side of the order book **Self-Trade Prevention mode (selfTradePreventionMode)** - NONE: No Self-Trade Prevention - EXPIRE\_TAKER: expire taker order when STP trigger - EXPIRE\_BOTH: expire taker and maker order when STP trigger - EXPIRE\_MAKER: expire maker order when STP trigger **Response Type (newOrderRespType)** - ACK - RESULT **Order types (type)** - LIMIT - MARKET **Conditional Order types (strategyType)** - STOP - STOP\_MARKET - TAKE\_PROFIT - TAKE\_PROFIT\_MARKET - TRAILING\_STOP\_MARKET **Working Type for Futures Conditional Orders (workingType)** - MARK\_PRICE **Order status (status)** - NEW - CANCELED - REJECTED - PARTIALLY\_FILLED - FILLED - EXPIRED **Conditional Order status (strategyStatus)** - NEW - CANCELED - TRIGGERED - conditional order is triggered - FINISHED - triggered order is filled - EXPIRED **Futures Contract type (contractType):** - PERPETUAL - CURRENT\_MONTH - NEXT\_MONTH - CURRENT\_QUARTER - NEXT\_QUARTER - PERPETUAL\_DELIVERING **Contract status (contractStatus, status):** - PENDING\_TRADING - TRADING - PRE\_DELIVERING - DELIVERING - DELIVERED - PRE\_SETTLE - SETTLING - CLOSE **Rate limiters (rateLimitType)** - REQUEST\_WEIGHT - ORDERS > **REQUEST\_WEIGHT** ``` { "rateLimitType": "REQUEST_WEIGHT", "interval": "MINUTE", "intervalNum": 1, "limit": 2400 } ``` > **ORDERS** ``` { "rateLimitType": "ORDERS", "interval": "MINUTE", "intervalNum": 1, "limit": 1200 } ``` **Rate limit intervals (interval)** - MINUTE # Filters Filters define trading rules on a symbol or an exchange. ## Symbol filters[​](https://developers.binance.com/docs/derivatives/portfolio-margin/common-definition) ### PRICE\_FILTER[​](https://developers.binance.com/docs/derivatives/portfolio-margin/common-definition) The `PRICE_FILTER` defines the `price` rules for a symbol. There are 3 parts: - `minPrice` defines the minimum `price`/`stopPrice` allowed; disabled on `minPrice` == 0. - `maxPrice` defines the maximum `price`/`stopPrice` allowed; disabled on `maxPrice` == 0. - `tickSize` defines the intervals that a `price`/`stopPrice` 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 > **ExchangeInfo format:** ``` { "filterType": "PRICE_FILTER", "minPrice": "0.00000100", "maxPrice": "100000.00000000", "tickSize": "0.00000100"} ``` ### LOT\_SIZE[​](https://developers.binance.com/docs/derivatives/portfolio-margin/common-definition) 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 > **/exchangeInfo format:** ``` { "filterType": "LOT_SIZE", "minQty": "0.00100000", "maxQty": "100000.00000000", "stepSize": "0.00100000"} ``` ### PERCENT\_PRICE[​](https://developers.binance.com/docs/derivatives/portfolio-margin/common-definition) The `PERCENT_PRICE` filter defines valid range for a price based on the mark price in Futures and on the average of the previous trades in Cross Margin. For Cross Margin `avgPriceMins` is the number of minutes the average price is calculated over. 0 means the last price is used. In order to pass the `percent price`, the following must be true for `price`: - Futures BUY: `price` <= `markPrice` \_ `multiplierUp` SELL: `price` >= `markPrice` \_ `multiplierDown` - Cross Margin BUY: `price` <= `weightedAveragePrice` \_ `multiplierUp` SELL: `price` >= `weightedAveragePrice` \_ `multiplierDown` ### MIN\_NOTIONAL[​](https://developers.binance.com/docs/derivatives/portfolio-margin/common-definition) The `MIN_NOTIONAL` filter defines the minimum notional value allowed for an order on a symbol. An order's notional value is the `price` \* `quantity`. Since `MARKET` orders have no price, the `mark price` is used in Futures and the average price is used over the last `avgPriceMins` for Cross Margin. `avgPriceMins` is the number of minutes the average price is calculated over. 0 means the last price is used. ### MARKET\_LOT\_SIZE[​](https://developers.binance.com/docs/derivatives/portfolio-margin/common-definition) The `MARKET_LOT_SIZE` filter defines the `quantity` (aka "lots" in auction terms) rules for `MARKET` orders on 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 `market lot size`, the following must be true for `quantity`: - `quantity` >= `minQty` - `quantity` <= `maxQty` - (`quantity`\-`minQty`) % `stepSize` == 0 > **/exchangeInfo format:** ``` { "filterType": "MARKET_LOT_SIZE", "minQty": "0.00100000", "maxQty": "100000.00000000", "stepSize": "0.00100000"} ``` ### MAX\_NUM\_ORDERS[​](https://developers.binance.com/docs/derivatives/portfolio-margin/common-definition) The `MAX_NUM_ORDERS` filter defines the maximum number of orders an account is allowed to have open on a symbol. Note that both "algo" orders and normal orders are counted for this filter. > **/exchangeInfo format:** ``` { "filterType": "MAX_NUM_ORDERS", "limit": 200} ``` ### MAX\_NUM\_ALGO\_ORDERS[​](https://developers.binance.com/docs/derivatives/portfolio-margin/common-definition) The `MAX_NUM_ALGO_ORDERS` filter defines the maximum number of all kinds of algo orders an account is allowed to have open on a symbol. The algo orders include `STOP`, `STOP_MARKET`, `TAKE_PROFIT`, `TAKE_PROFIT_MARKET`, and `TRAILING_STOP_MARKET` orders. > **/exchangeInfo format:** ``` { "filterType": "MAX_NUM_ALGO_ORDERS", "limit": 100} ``` - [Terminology](https://developers.binance.com/docs/derivatives/portfolio-margin/common-definition) - [ENUM definitions](https://developers.binance.com/docs/derivatives/portfolio-margin/common-definition) - [Symbol filters](https://developers.binance.com/docs/derivatives/portfolio-margin/common-definition) - [PRICE\_FILTER](https://developers.binance.com/docs/derivatives/portfolio-margin/common-definition) - [LOT\_SIZE](https://developers.binance.com/docs/derivatives/portfolio-margin/common-definition) - [PERCENT\_PRICE](https://developers.binance.com/docs/derivatives/portfolio-margin/common-definition) - [MIN\_NOTIONAL](https://developers.binance.com/docs/derivatives/portfolio-margin/common-definition) - [MARKET\_LOT\_SIZE](https://developers.binance.com/docs/derivatives/portfolio-margin/common-definition) - [MAX\_NUM\_ORDERS](https://developers.binance.com/docs/derivatives/portfolio-margin/common-definition) - [MAX\_NUM\_ALGO\_ORDERS](https://developers.binance.com/docs/derivatives/portfolio-margin/common-definition)