As the name implies, the cross-margin mode means that all the funds in the account are used for holding positions. In order to control your risk, it is recommended that users enter the market with a stop loss order
Instructions and calculation formulas for relevant indicators of account funds under cross-margin mode:
Available margin = account balance - (used margin) + (floating profit and loss - handling fee - overnight fee)
Note: Margin that can continue to be used for opening positions
Margin Used = (Sum of Margin Used)
Note: The sum of the used margin used to open and hold positions
Floating profit and loss = (unrealized profit and loss)
Note: Floating profit and loss will directly affect the "available margin". When the unrealized profit and loss increase, the available margin will increase, and the unrealized profit and loss will decrease, and the available margin will also decrease.
Risk rate = (account balance + (floating profit and loss - handling fee - overnight fee) = equity / used margin * 100
Note: The higher the risk rate, the lower the risk, and the lower the risk rate, the higher the risk. For details, please refer to "Forced Liquidation Instructions"
Account Balance = (Account Balance Amount)
Note: The initial capital for account opening, the latest accumulated balance of settled profit and loss and transaction costs
Net worth = account balance + (floating profit and loss - handling fee - overnight fee)
Note: current fund balance
Instructions for forced liquidation:
In the cross-margin mode, the floating loss (due to violent market fluctuations) can be greater than the initial margin of the order. When the floating margin is insufficient, the system will use the risk rate coefficient as the trigger for forced liquidation. The risk rate is the most critical indicator for measuring account risk. When the risk rate reaches 20%, the system will display it in red to remind users to pay attention to the safety of the position. When the risk rate falls below 10%, the system will forcibly close all current positions, and the funds in the account may lose more than the margin of the position. Users must control risks and hold positions reasonably.
Instructions for switching between cross-margin mode and isolated-margin mode:
Scenario 1: Users can switch between the cross-margin mode and isolated-margin mode according to their own needs without any warehouse receipts.
Scenario 2: When the user holds a cross-margin contract order, he will not be able to switch to the isolated-margin mode to place an order until the held cross-margin order is closed.
Scenario 3: When a user holds an isolated-margin contract order, he will not be able to switch to the cross-margin mode to place an order until the isolated-margin order is closed.
Description of the planning order in the cross-margin mode:
1. In the cross-margin mode, the account balance will not be frozen in advance when the user places a plan order. The required margin in the account will not be frozen until the plan order is triggered, and the available margin will decrease. Therefore, the plan order will not be frozen in the cross-margin mode. It will limit the amount, optimize the utilization rate of funds, and facilitate users to place orders in advance with multiple strategies.
2. When the user's available margin is insufficient, the ongoing planned order will not be executed even if it is triggered, and the system will automatically cancel it. In the closing method, it will prompt "cancel order due to insufficient margin", and other untriggered planned orders will not be affected.
The upper limit of the sum of margins for opening a position in cross-margin mode is: 10,000 USDT
Reminder: When the user holds an order placed by isolated margin, the position opening mode cannot be switched. On the contrary, the same.
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