New Order api quantity parameter calculation( Should it be multiplied by leverage ? )

Should the quantity parameter be calculated by usdt multiply leverage? Or just the USDT I want to spend?

client.futures_create_order(symbol='BNBUSDT', side='LONG', type='MARKET', 
    quantity = 100 USDT * leverage / asset_price)

or

client.futures_create_order(symbol='BNBUSDT', side='LONG', type='MARKET',  
    quantity = 100 USDT / asset_price)

In fact I’m using binance-go api sdk, the python code is just for demonstration.

Sorry for my bad English grammar.

Leverage is not considered when placing an order, since leverage is a property of your position not the order itself.

base_asset_quantity = quote_asset_quantity / exchange_rate