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I want someone to explain a thing for me, please

Binance

Cryptocoins Exchanges / Binance 211 Views

So, I recently started using Binance Isolated Margin but I still don't get it. I was in Isolated Margin, bought ETH at 10x leverage. I was in 1k, so 10x would be 10k, right?

So, ETH grew by 26%, which means I should, in theory, make 2,6k (26% of 10k) right?? But I only made $260. I don't understand

My friend is using Futures and with much less, he made much more than me, and he was in $60 at 10x in Futures, so that's why I don't understand

submitted by /u/xNetuno
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