Bybit
TradeGPT
مساعدك الشخصي للاستثمار
جاري تحليل استفسارك...
620 result for Bybit
Introduction to Institutional LoansBybit Institutional Loans are designed to provide competitive loans services to institutional users and help them better utilize collateral assets in their Bybit account. Key Advantages: Collate...
FAQ — Rewards HubBybit’s Rewards Hub, new and existing users can claim their rewards for completing tasks and participating in campaigns. Rewards Hub tasks will be updated periodically. Traders can earn exclusive re...
How to Avoid Crypto P2P ScamsBybit ImpersonatorsBeware of scammers who contact you via private message or email, posing as Bybit representatives. They may instruct you to immediately release your crypto holdings to prevent them f...
Maintenance Margin (USDT Contract)Maintenance Margin is essential for sustaining a position in trading. This article will delve into the calculation process specifically for USDT Perpetual contracts.What is the Maintenance Margin?Maintenance Margin is the minimum amount of margin a trader must maintain in their position or account to continue holding a position. When unrealized losses cause the position margin in a position or account to fall below the required maintenance margin level, liquidation will be triggered. As traders hold larger contract values (position value + order value), the maintenance margin required will also increase by a fixed percentage as the contract value rises to a specific level. Each trading pair has its maintenance margin base rate, which adjusts according to changes in the risk limit tiers. For example, when you open a BTCUSDT position with a position value of 2,000,000 USDT or below, the maintenance margin rate (MMR) required for the position is 0.5% of the position value. If the position value increases to 2,600,000 USDT, the MMR required will also increase to 0.56% of the position value. For more details regarding risk limits, please refer to our guide here. Calculation of Maintenance Margin Rate (MMR)The Maintenance Margin Rate (MMR) for each position is determined using a tier-based calculation according to the margin level of the position value. Any excess beyond a particular tier is subject to the calculation based on the MMR of the new tier. IllustrationThe table below shows the margin parameters of XYZUSDT contracts. TierRisk Limit (USDT) Maintenance Margin Rate Required 10 - 1,0002%2>1,000 - 2,0002.5%3>2,000 - 3,0003%4>3,000 - 4,0003.5%5>4,000 - 5,0004% Assuming a trader enters a long position of 100 contracts with 10x leverage at 35 USDT, the contract’s position value would be 3,500 USDT. Position Value = Contract quantity x Average Entry Price = 100 x 35 = 3,500 USDT. Initial Margin = Position Value / Leverage = 35 x 100 / 10 = 350 USDT Maintenance Margin = Position Value x MMR = (1,000 x 2%) + (1,000 x 2.5%) + (1,000 x 3%) + (500 x 3.5%) = 92.5 USDT This means that the position can withstand a maximum unrealized loss (calculated using Mark Price) of 257.5 USDT (350 USDT - 92.5 USDT) before liquidation takes place.Formula Now that you understand how the maintenance margin is calculated, as seen in the illustration above, the calculation can be quite tedious when dealing with large position values. Therefore, for the sake of simplicity, we can use the following formula to calculate the position maintenance margin.Position Value = Contract Size x Average Entry PriceMaintenance Margin (MM) = (Position Value x MMR) - Maintenance Margin Deduction whereas,MM Deduction on Tier n = Risk Limit on Tier n-1 x (Difference between MMR on Tier n and Tier n-1) + MM Deduction on Tier n-1 The MMR required for each risk limit tier and the Maintenance Margin Deduction amount can be easily found on the Margin Parameters page.ExamplesThe table below shows the Margin Parameters for ETHUSDT. TierRisk LimitsMax. LeverageMaintenance Margin RateMaintenance Margin Deduction10 - 100,000252%02>100,000 - 200,000202.5%100,000 x (0.5%) + 0 = 5003>200,000 - 300,00016.673%200,000 x (0.5%) + 500 = 1,5004>300,000 - 400,00014.293.5%300,000 x (0.5%) + 1,500 = 3,0005>400,000 - 500,00012.54%400,000 x (0.5%) + 3,000 = 5,000 *The above table is merely an illustration and does not represent actual margin parameters. Please always refer to this page for the most updated margin parameters. Example 1 Trader A uses 10x leverage and opens a long position of 100 ETH at a price of 4,000 USDT. Position Value = 100 x 4,000 = 400,000 USDT (Tier 4)Initial Margin = 400,000 / 10 = 40,000 USDT Maintenance Margin = 400,000 x 3.5% - 3,000 = 11,000 USDT This means the position can withstand a maximum unrealized loss of 29,000 USDT (40,000 USDT - 11,000 USDT) before liquidation is triggered.Example 2Trader B utilizes 10x leverage and opens the ETHUSDT long position of 50 ETH at 4,000 USDT, while simultaneously having a buy limit order for 50 ETH at USDT 3,000. Position Value = 50 ETH x 4,000 = 200,000 USDT (Tier 2)Position Maintenance Margin = 200,000 x 2.5% - 500 = 4,500 USDTOrder Maintenance Margin = 50 ETH x 3,000 x 3.5% = 5,250 USDTTotal Maintenance Margin Required = 4,500 + 5,250 = 9,750 USDT. As a result, we can see that when an order is not filled, the order maintenance margin is calculated based on the corresponding MMR of the tier determined by the (position value + order value) instead of the tiered-based calculation. The MMR required for the tier of 200,000 USDT position value + 150,000 USDT order value is 3.5%. Assuming the buy order is now filled. The total maintenance margin required has now become: Average Entry Price = [(50 x 4,000) + (50 x 3,000)] / 100 = 3,500 USDTPosition Value = 100 ETH x 3,500 = 350,000 USDT (Tier 4)Initial Margin = 350,000 / 10 = 35,000 USDTMaintenance Margin = 350,000 x 3.5% - 3,000 = 9,250 USDT After the order is filled, the overall maintenance margin required is reduced to 9,250 USDT. This means the position can withstand a maximum unrealized loss of 25,750 USDT (35,000 USDT - 9,250 USDT) before the liquidation is triggered.ConclusionUnderstanding the calculation process for both position and order maintenance margins is essential for traders to manage their risk effectively on Bybit. By comprehending how these margins are calculated, traders can make informed decisions to reduce liquidation risk and optimize their trading strategies....
Understanding Your Account’s Trading PerformanceIn the dynamic world of trading, understanding and interpreting your trading performance is crucial for making informed decisions and refining your strategy. In this comprehensive guide, we'll wal...
Introduction to the Market Maker Incentive ProgramBybit has introduced the Market Maker Incentive Program to enhance the liquidity of our Spot and Derivatives markets. Qualified Market Makers can now enjoy up to 0.005% of Maker rebates for Spot and 0...
How to Self-Export My Account DataBybit. Please note that the account data export function is not available on the Bybit app. To download your Assets Statement for your Funding and Unified Trading Account, simply click on Account...
How to Buy Crypto Using Third Party ChannelBybit does not handle fiat deposits directly, and this service is wholly handled by third-party payment providers. Here is a guide on how to make a deposit via third party payment channel: ...
Why Is My Closed P&L a Loss When My Unrealized Profit Was Positive?Bybit Inverse Perpetual P&L calculations, please refer to this article.For Bybit USDT Perpetual P&L calculations, please refer to this article.For USDC Perpetual and Futures P&L calculatio...
Position MarginPosition margin under isolated margin modeIn isolated margin mode, it depicts the margin placed into a position is isolated from the trader's account balance. In the event of liquidation, the trad...