Margin Requirements
Margin refers to the capital required by users to open a position in contract trading.
Position Margin
Formula: Position Margin = Initial Margin + User-Adjusted Margin
In isolated margin mode, users can add or reduce margin for a position, provided the margin remains at or above the initial margin level.
Initial Margin
The initial margin is the minimum amount required to open a position.
Formula: Initial Margin = (Position Value / Leverage) + Closeout Fee
Maintenance Margin
The maintenance margin is the minimum amount required to maintain an existing position.
Formula: Maintenance Margin = (Position Value × Maintenance Margin Rate) + Closeout Fee
Key Factors: The maintenance margin depends on the position value and the maintenance margin rate, which is tied to the risk limit.
Tier | Max Position | Initial Margin | Maintenance Margin | Max Leverage |
1 | 1,000,000 | 0.8% | 0.4% | 125x |
2 | 1,500,000 | 0.9% | 0.45% | 111x |
3 | 2,000,000 | 1% | 0.5% | 100x |
4 | 3,000,000 | 1.33% | 0.7% | 75x |
5 | 5,000,000 | 1.51% | 0.75% | 66x |
6 | 7,000,000 | 1.66% | 0.8% | 60x |
7 | 12,000,000 | 2% | 1% | 50x |
8 | 20,000,000 | 2.5% | 1.2% | 40x |
9 | 30,000,000 | 3.33% | 1.6% | 30x |
10 | 50,000,000 | 4% | 2% | 25x |