A worked distinction
If outstanding base exposure is 100 BTC, moving BTC from 50,000 to 55,000 USD changes its quoted value from 5 million to 5.5 million USD. Base exposure has not increased in this example.
What to verify in your own analysis
Check instrument specification, contract type and units. Do not add raw figures from inverse and linear contracts without a documented conversion.
Write down the market or protocol identifier, units, observation window and data source before comparing outputs. Keep unavailable values distinct from zero. Capture a baseline and change one assumption at a time so the resulting difference can be explained.
Use the linked working tools
Open the related tools below to inspect actual public observations or calculate a local scenario. The numerical example above is illustrative, not a current quote. Export the result together with its assumptions if you need a reproducible research record.
The review checklist records what you checked in this tab. Completion measures your own notes, not whether an investment is safe, suitable or profitable.