Single-Currency Margin Mode
Asset Level
- Equity: Equity = Balance + Futures Unrealized PnL + Options Value
- Balance: Balance = Cross Balance + Margin Occupied by Futures Isolated Positions + Spot Frozen
- Available:
USDT-M Available = Min(Balance – Spot Frozen – Frozen in Options Buy Orders – Margin Occupied by Futures Isolated Positions, USDT-M Available Margin) – Futures Bonus
Available of Non-USDT Assets = Balance – Frozen - Transferable: Transferable = Transferable USDT of Derivative Cross Positions = Min(USDT Balance in Unified Account – USDT Occupied by Futures Isolated Positions – USDT Frozen in Spot Open Orders – USDT Frozen in Options Buy Orders, Available Margin in Derivative Cross Positions)
Account Level
- Account Equity: Account Equity = Σᵢ(Equityᵢ × Index Priceᵢ)
- Total Assets: Total Assets = Σᵢ(Assetsᵢ × Index Priceᵢ)
- USDT-M Initial Margin Ratio: USDT-M Initial Margin Ratio = USDT-M Margin Balance / USDT-M Initial Margin; a higher ratio indicates greater asset availability. If the ratio drops to 100% or below, Auto-Cancel will be triggered.
- USDT-M Initial Margin: USDT-M Initial Margin = Σᵢ(Initial Marginᵢ Required for Futures Positions and Open Orders in Cross Mode) + Σᵢ(Initial Marginᵢ Required for Options Short Positions and Open Orders)
- USDT-M Maintenance Margin Ratio: USDT-M Maintenance Margin Ratio = USDT-M Margin Balance / USDT-M Maintenance Margin; a higher ratio reflects better account safety. If the ratio drops to 100% or below, liquidation will be triggered.
- USDT-M Maintenance Margin: USDT-M Maintenance Margin = Σᵢ(Maintenance Marginᵢ Required for Futures Positions in Cross Mode) + Σᵢ(Maintenance Marginᵢ Required for Options Short Positions)
- USDT-M Margin Balance: USDT-M Margin Balance = USDT Balance in Unified Account – USDT Occupied by Futures Isolated Positions – USDT Frozen in Spot Open Orders + Unrealized PnL of Futures Cross Positions
- USDT-M Available Margin: USDT-M Available Margin = USDT-M Margin Balance – USDT-M Initial Margin
Multi-Currency Margin Mode
Asset Level
- Equity: Net assets of a coin, which could be negative. Equity = Balance – Borrowed – Margin Occupied by Futures Isolated Positions + Futures Unrealized PnL + Options Value
- Balance:
If Simple Earn Funds as Margin is disabled, Balance refers to the balance of this coin in the account, which could be negative due to interest payment, futures trading, and options trading.
If Simple Earn Funds as Margin is enabled, Balance refers to the balance of this coin in the account plus the Simple Earn flexible subscriptions of this coin, which could be negative due to interest payment, futures trading, and options trading. - Borrowings: Borrowings refer to the amount to be repaid, including the borrowed amount and negative available balance.
- Liabilities
If Simple Earn Funds as Margin is disabled, Liabilities refer to the actual liabilities of a coin, including Borrowed, negative balance (caused by interest payment, futures trading, and options trading), and others. Liabilities = Borrowed + Abs(Min(Available + Futures Unrealized PnL + Options Value, 0))
If Simple Earn Funds as Margin is enabled, Liabilities refer to the actual liabilities of a coin, including Borrowed, negative balance (caused by interest payment, futures trading, and options trading), and others. Liabilities = Borrowed + Abs(Min(Available + Futures Unrealized PnL + Options Value + Simple Earn Flexible, 0)) - Borrowable: Borrowable = Min(Account Available Margin / Initial Margin Ratio / Index Price, (VIP Loan Limit for the Asset – Liabilities) / Index Price, (Leverage-Based Loan Limit for the Asset – Liabilities) / Index Price, Pool Available)
- Available:
If Simple Earn Funds as Margin is disabled, Available = Balance – Frozen – Margin Occupied by Futures Isolated Positions; it could be negative due to interest payment, futures trading, and options trading. In cross-currency repayment, negative available balance is repaid before the outstanding loan.
If Simple Earn Funds as Margin is enabled, Available = Balance – Frozen – Margin Occupied by Futures Isolated Positions – Simple Earn Flexible; it could be negative due to interest payment, futures trading, and options trading. In cross-currency repayment, negative available balance is repaid before the outstanding loan. - Transferable: Transferable = Min(Available Margin / Index Price, Available)
Account Level
- Account Equity: Account Equity = Σᵢ(Equityᵢ × Index Priceᵢ)
- Total Assets: Total Assets = Σᵢ(Assetsᵢ × Index Priceᵢ)
- Initial Margin Ratio: Initial Margin Ratio = Margin Balance / Initial Margin
- Initial Margin: Initial Margin = Σᵢ(Initial Marginᵢ × Index Priceᵢ); a higher ratio indicates greater asset availability. If the ratio drops to 100% or below, Auto-Cancel will be triggered.
- Maintenance Margin Ratio: Maintenance Margin Ratio = Margin Balance / Maintenance Margin; a higher ratio reflects better account safety. If the ratio drops to 100% or below, liquidation will be triggered.
- Maintenance Margin: Maintenance Margin = Σᵢ(Maintenance Marginᵢ × Index Priceᵢ)
- Margin Balance: Margin Balance = Σᵢ(Positive Equityᵢ × Index Priceᵢ × Discount Rateᵢ) + Σᵢ(Negative Equityᵢ × Index Priceᵢ) – Haircut Loss – Options Value; only coins supported to serve as margin are involved in the calculation.
- Available Margin: Available Margin = Margin Balance – Initial Margin
Portfolio Margin Mode
Asset Level
- Equity: Net assets of a coin, which could be negative. Equity = Balance – Borrowed + Futures Unrealized PnL + Options Value
- Balance
If Simple Earn Funds as Margin is disabled, Balance refers to the balance of this coin in the account, which could be negative due to interest payment, futures trading, and options trading.
If Simple Earn Funds as Margin is enabled, Balance refers to the balance of this coin in the account plus the Simple Earn flexible subscriptions of this coin, which could be negative due to interest payment, futures trading, and options trading. - Spot Hedging: Spot assets involved in Spot Hedging. This value will not exceed the absolute value of coin equity.
- Borrowings: Borrowings refer to the amount to be repaid, including the borrowed amount and negative available balance.
- Liabilities
If Simple Earn Funds as Margin is disabled, Liabilities refer to the actual liabilities of a coin, including Borrowed, negative balance (caused by interest payment, futures trading, and options trading), and others. Liabilities = Borrowed + Abs(Min(Available + Futures Unrealized PnL + Options Value, 0))
If Simple Earn Funds as Margin is enabled, Liabilities refer to the actual liabilities of a coin, including Borrowed, negative balance (caused by interest payment, futures trading, and options trading), and others. Liabilities = Borrowed + Abs(Min(Available + Futures Unrealized PnL + Options Value + Simple Earn Flexible, 0)) - Available:
If Simple Earn Funds as Margin is disabled, Available = Balance – Frozen; it could be negative due to interest payment, futures trading, and options trading. In cross-currency repayment, negative available balance is repaid before the outstanding loan.
If Simple Earn Funds as Margin is enabled, Available = Balance – Frozen – Simple Earn Flexible; it could be negative due to interest payment, futures trading, and options trading. In cross-currency repayment, negative available balance is repaid before the outstanding loan. - Transferable: Transferable = Min(Available Margin / Index Price, Available)
Account Level
- Account Equity: Account Equity = Σᵢ(Equityᵢ × Index Priceᵢ)
- Total Assets: Total Assets = Σᵢ(Assetsᵢ × Index Priceᵢ)
- Initial Margin Ratio: Initial Margin Ratio = Margin Balance / Initial Margin
- Initial Margin: Initial Margin = Σᵢ(Initial Marginᵢ × Index Priceᵢ); a higher ratio indicates greater asset availability. If the ratio drops to 100% or below, Auto-Cancel will be triggered.
- Maintenance Margin Ratio: Maintenance Margin Ratio = Margin Balance / Maintenance Margin; a higher ratio reflects better account safety. If the ratio drops to 100% or below, liquidation will be triggered.
- Maintenance Margin: Maintenance Margin = Σᵢ(Maintenance Marginᵢ × Index Priceᵢ)
- Margin Balance: Margin Balance = Σᵢ(Positive Equityᵢ × Index Priceᵢ × Discount Rateᵢ) + Σᵢ(Negative Equityᵢ × Index Priceᵢ) – Haircut Loss
- Available Margin: Available Margin = Margin Balance – Initial Margin
