Margin

Margin is the capital required to open and maintain a perpetual position.

Position margin

Position Margin = Initial Position Margin + Manual Margin Adjustments

In isolated mode, margin can be added or removed as long as the remaining margin does not fall below the required initial margin.

Initial Margin = Position Value / Leverage + Closing Fee

Maintenance Margin = Position Value × Maintenance Margin Rate + Closing Fee

The maintenance margin rate depends on the position tier. Larger positions may use higher maintenance margin rates and lower maximum leverage.