How to check your account margin ratio under the Multi-Assets Mode?
If you select the [Multi-Assets Mode], you'll see a [Multi-Assets] tag on the Margin Ratio widget.
Since your margin balance is shared across multiple positions in the Multi-Assets Mode, please monitor your margin ratio closely. Once the margin ratio reaches 100%, all positions will be liquidated.
How to calculate margin ratio in the Multi-Assets Mode?
You can use the following equation to calculate your margin ratio in the Multi-Assets Mode:
Account Margin Ratio = Account Maintenance Margin / Account Equity
- Account Maintenance Margin = Sum of Maintenance Margin of All Cross Positions (in USD)
- Account Equity = Sum of Margin Balance of All Cross Positions (in USD)
Please note that the margin ratio is based on the prevailing market rate for USDTUSD and USDCUSD pairs.
Example
Suppose the asset pairs and their respective floating conversion rates are as follows:
Asset Pair | Asset Index | Index Bid Buffer | Index Ask Buffer | Bid Rate | Ask Rate |
USDTUSD | 0.99 | 0.01 | 0.005 | 0.9801 | 0.99495 |
USDCUSD | 1 | 0 | 0 | 1 | 1 |
You want to trade two contracts, BTCUSDT perpetual and ETHUSDC with 100x and 50x leverage respectively. In this scenario, the Maintenance Margin Ratio will be 0.8% and 1% respectively. Depending on the margin mode you’re (Isolated or Cross), the account status and calculation changes of various parameters are as follows:
1. Initial state - No open positions
Symbol | BTCUSDT | ETHUSDC |
Margin Asset | USDT | USDC |
Asset Wallet Balance | 200 | 220 |
Asset Equity | 200 | 220 |
Maintenance Margin Ratio | 0.008 | 0.01 |
Initial Margin Ratio | 0.01 (100x) | 0.02 (50x) |
Unrealized PnL | 0 | 0 |
Under the Single-Asset Mode:
USDT available for order = 200 USDC available for order = 220
Under the Multi-Assets Mode:
Account Equity = ∑min(assetEquity*bidRate, assetEquity*askRate) = 200 * 0.9801 + 220 * 1 = 416.02
As there are no open positions,
- assetCrossInitialMargin = 0
- uniAvailableForOrder = accountEquity-∑(assetCrossInitialMargin*askRate) = 416.02 - 0 = 416.02
- USDT Available for Order = 416.02 / 0.99495 = 418.13
- USDC Available for Order = 416.02 / 1 = 416.02
- Account Maintenance Margin Ratio = 0
- Margin Ratio = Account Maintenance Margin / Account Equity = 0
2. With open positions
Symbol | BTCUSDT | ETHUSDC |
Margin Asset | USDT | USDC |
Asset Wallet Balance | 200 | 220 |
Asset Equity | 200 | 220 |
Maintenance Margin Ratio | 0.008 | 0.01 |
Initial Margin Ratio | 0.01 (100x) | 0.02 (50x) |
Position Quantity | 0.5 | 20 |
Entry Price | 20,000 USDT | 600 USDC |
Mark Price | 20,000 USDT | 600 USDC |
Unrealized PnL | 0 | 0 |
Account Maintenance Margin = ∑assetMM*askRate = 0.5 * 20,000 * 0.008 * 0.99495 + 20 * 600 * 0.01 * 1 = 199.596
As there is no unrealized PnL,
- Account Equity = accountWalletBalance = 416.02
- uniAvailableForOrder = Account Equity - ∑(assetCrossInitialMargin * askRate) = 416.02 - (0.5 * 20,000 * 0.01 * 0.99495 + 20 * 600 * 0.02 * 1) = 76.525
- USDT Available for Order = 76.525 / 0.99495 = 76.91
- USDC Available for Order = 76.525 / 1 = 76.525
- Margin Ratio = Account Maintenance Margin / Account Equity = 199.596 / 416.02 = 0.47977 = 47.98%
3. With open positions and unrealized PnL
Symbol | BTCUSDT | ETHUSDC |
Margin Asset | USDT | USDC |
Asset Wallet Balance | 200 | 220 |
Asset Equity | 200 - 500 = -300 | 220 + 400 = 620 |
Maintenance Margin Ratio | 0.008 | 0.01 |
Initial Margin Ratio | 0.01 (100x) | 0.02 (50x) |
Position Quantity | 0.5 | 20 |
Entry Price | 20,000 USDT | 600 USDC |
Mark Price | 19,000 USDT | 620 USDC |
Unrealized PnL | 0.5 * (19,000 - 20,000) = -500 | 20 * (620 - 600) = 400 |
- Account Maintenance Margin = ∑assetMM*askRate = 0.5 * 19,000 * 0.008 * 0.99495 + 20 * 620 * 0.01 * 1 = 199.61
- With unrealized PnL, Account Equity = ∑min(assetEquity*bidRate, assetEquity*askRate) = -300 * 0.99495 + 620 * 1 = 321.515
- uniAvailableForOrder = Account Equity - ∑(assetCrossInitialMargin * askRate) = 321.515 - (0.5 * 19,000 * 0.01 * 0.99495 + 20 * 620 * 0.02 * 1) = -21
- USDT Available for Order and USDC Available for Order are both 0
- Margin Ratio = Account Maintenance Margin / Account Equity = 199.61 / 321.515 = 0.62084 = 62.08%