BingX Margin Trading Terms (Perpetual Futures)

Keywords: Calculation of Margin, Margin Rate

1.What is Margin?
Margin can be seen as collateral. It means how much risk the trader is willing to take on this particular investment.

2. Calculation of Margin
Initial Margin = Value of Open Position/Leverage
Value of Open Position = Avg. Opening Price * Position Amount

3. Margin Rate
Cross Margin: Margin Rate = (Available Balance + Fixed Margin + Unrealized PnL) / Position Value
Isolated Margin: Margin Rate = (Fixed Margin + Unrealized PnL）/ Position Value Available Balance = Account Equity - Used Margin - Frozen Fee of Pending Orders Fixed Margin = Initial Margin + Adjusted Margin during the Position Holding - Funding Fees Position Value = Position Amount * Last Mark Price

Of which,

Available Balance = Account Equity - Used Margin - Frozen Fee of Pending Orders
Fixed Margin = Initial Margin + Adjusted Margin during the Position Holding - Funding Fees
Position Value = Position Amount * Last Mark Price

4. Adjust Margin
With isolated margin mode, traders can manually add/remove margin or adjust the leverage to a position.
With cross margin mode, the margin is calculated based on the balance, and the margin can be adjusted by adjusting the balance.

5. Maintenance Margin Rate

Initial Margin = Notional Position Value/Leverage (By default, 1 USDT = 1 USD)

Maintenance Margin = Notional Position Value * Maintenance Margin Rate - Maintenance Amount