Margin type: Isolated Margin
Liquidation Price (Margin type: Isolated Margin, traders are allowed to add in the extra margin to position)
Liquidation is triggered when the Mark Price hits the Liquidation Price.
Maintenance Margin Rate (MMR) is based on Tiered Margin.
Example:
Trader place a long entry of 1 BTC at 80,000USDT with 40x leverage. Assuming no extra margin added.
78000/0.996 = 78313.25301
Liquidation price 78313
Example:
Trader place a short entry of 1 BTC at 80,000USDT with 40x leverage. Assuming no extra margin added.
88000/1.004=87649.40239
Liquidation Price 87649
Liquidation Price (Margin type: Cross Margin)
Positions can be maintained as long as the account's maintenance margin ratio (MMR) is below 100%. Liquidation is triggered when maintenance margin ratio(MMR) reaches or exceeds 100%.
The liquidation price display is an estimate and reference only. The actual trigger is when acc MMR reaches 100%
Formulas
Position with unrealized profit
LP (Long) = [Entry Price - (Available Balance + Initial Margin - Maintenance Margin)] ÷ Net Position Size
LP (Short) = [Entry Price + (Available Balance + Initial Margin - Maintenance Margin)] ÷ Net Position Size
Position with an unrealized loss
LP (Long) = [Current Mark Price - (Available Balance + Initial Margin - Maintenance Margin)] ÷ Net Position Size
LP (Short) = [Current Mark Price + (Available Balance + Initial Margin - Maintenance Margin)] ÷ Net Position Size
Note: Minor difference from the actual liquidation price may arise due to the fees to close the position(s).
*IM = Mark price x Quantity / Leverage
*MM = Mark price x Quantity x MM Rate% for the particular pair
*IM% = IM / Margin balance
Margin balance = Wallet balance + Unrealized PL based on Mark price (in USDT)
*MMR = MM / Margin balance
*Unrealized P&L formula
Long: Unrealized P&L = Contract Qty x (Mark price - Entry Price)
Short: Unrealized P&L = Contract Qty x (Entry Price - Mark Price)