Under the Multi-Assets Mode, you can trade USDⓈ-M Futures contracts with a wide variety of margin assets besides USDT and USDC. For example, you can use BTC, ETH, or BNB as margin assets to maximize your capital efficiency and enjoy the following benefits.
1. Access to a wider range of collaterals
When you trade USDⓈ-M Futures contracts under the Single-Asset Mode, you need to allocate significant portions of your portfolio into a specific stablecoin (USDT or USDC) to open positions.
Under the Multi-Assets Mode, your margin are shared across USDT-margined and USDC-margined contracts and other eligible coins that can be used as collateral in the USDⓈ-M Futures Wallet. This allows for asset diversification, more flexibility, and better capital efficiency.
The Multi-Assets Mode supports BTC, ETH, BNB, XRP, ADA, DOT, SOL, USDC, and USDT as USDⓈ-M Futures collateral. Please refer to the asset table for more details on the supported collaterals, such as the maximum transfer-in and collateral value ratio.
Flexibly collateralize your USDⓈ-M Futures positions with stablecoins
In the Single-Asset Mode, you must supply collateral in USDT or USDC. This requires you to split your collateral value across respective stablecoins, or reallocate your profits made on the USDC-margined futures positions to collateralize your USDT-margined futures positions (and vice versa).
Trading with the Multi-Assets Mode removes this constraint, as both stablecoins held in the USDⓈ-M Futures Wallet are jointly accounted for in the margin calculation. Furthermore, profits arising from any USDC- or USDT-margined futures positions will be automatically hedged against losing positions, providing more flexibility to maintain the margin requirements.
Arbitrage between the USDC and USDT markets
Additionally, the shared margin feature allows you to arbitrage between the USDC and USDT markets without the need to maintain multiple accounts or margin. You can deposit margin in USDT or USDC and use the same margin asset to open positions in both markets, making it an ideal product for long-term traders, hedgers, and arbitrageurs.
2. Higher capital utilization
Under the Multi-Assets Mode, you can trade all USDT- or USDC-margined futures contracts using either USDT or USDC as collateral. This allows you to better utilize your assets without having to trade/convert them.
3. Save on fees using BNB
The BNB balance in your USDⓈ-M Futures Wallet can be used for trading fee discounts, with a 25% discount on spot and a 10% discount on futures trading.
You can refer to the trading fee table for more details on the BNB trading fee discount.