❤️Margin Health

Risk management, simplified.

Because of the exchanges Unified Cross-Margin design, every balance, including Unsettled PnL, Perp Positions, Pool, and Spread have some impact on an account's margin.

As such, the Margin Manager is designed to give traders a birds-eye view of everything going on within their account and the impact on margin. It is a tool to understand an account's health and manage risk accordingly.

Understanding the Margin Manager

Head to the Margin Manager page by clicking on Portfolio and using the sub-page navigation.

At the top of the page you will find your account's initial and maintenance margin details:

• Initial Margin = What you have to trade with aka initiate new positions.

• Maintenance Margin = What you have until you can get liquidated -- aka maintain.

The rest of the page displays your balances, positions, pools, and spreads. In each table you will find two Weight / Margin columns unique to this page.

The margin part will have a [+] or [-]:

• [+] = How much it contributes to your available funds and funds until liquidation.

• [-] = How much it reduces your available funds and funds until liquidation.

The $ totals in the initial and maintenance margin cards at the top are the sums of the weight / margin columns:

• Available Funds = The sum of all the Initial Margin table columns.

• Funds Until Liq. = The sum of all the Maintenance Margin table columns.

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Margin Usage and Liq. Risk

In the initial and maintenance margin cards at the top will find both a $ and % stat.

Both display the same thing just represented differently:

• Available Funds and Margin Usage reflect your account's ability to trade.

• Funds Until Liq. and Liq. Risk reflect how close your account is to liquidation.

You can think of them as the inverse, whereby:

• $0 = 100%

Margin Usage

• The percent of your total initial weighted margin being used by positions.

• Sum [-] initial margin / [+] maint. margin -- represented using a %.

• 100% Margin Usage = $0.00 Available Funds

Liquidation Risk

• The percent of your total maint. weighted margin being used by positions.

• Sum of [-] maint. margin / [+] maint. margin -- represented using a %.

• 100% liq. risk = Liquidation

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