Binance allows for highly leveraged trading by using a sophisticated risk engine and liquidation model. This number will change depending on the size of the position - the larger the position, the lower the leverage allowed. Initial margin openings are always calculated using the leverage selected by the trader.
The maximum allowable leverage level for BTC/USDT perpetual contract is up to 125x. Please find the maximum allowable position size for each leverage bracket displayed below. All values are in nominal market exposure in USDT at the Mark Price.
The maximum allowable leverage level for ETH/USDT, BCH/USDT, XRP/USDT, EOS/USDT and LTC/USDT perpetual contracts is up to 75x. Please find the maximum allowable position size for each leverage bracket displayed below. All values are in nominal market exposure in USDT at the Mark Price.
Note that the trader will first select his leverage (and resulting initial margin requirement matching the leverage), and then will open his positions. If the trader makes no selection on leverage, the leverage will be set at 20x. The higher the leverage, the smaller the maximum notional size the trader will have access to. The lower the leverage, the higher the maximum notional size the trader can open.
The system will display the maximum allowable position size at different leverage levels when the trader adjusts the leverage before opening his positions.
Maintenance margin calculations are done via a “Tax Bracket” setup. This means that the maintenance margin is always calculated the same way, regardless of what leverage the trader selects. Moving from one bracket to another will not cause the earlier bracket to change its leverage.
It is important to note that the maintenance margin required, and the resulting liquidation price is far more favorable to the trader than would be normally expected by the initial margin. In other words, in virtually all cases, the maintenance margin is much less than half the initial margin, and the resulting liquidation price is much more favorable than would be the case if the maintenance margin was equal to 50% of initial margin, as is the case in most exchanges.
It is very important to note that the maintenance margin is *always less* than 50% of the initial margin, and is thus very beneficial to the trader. Again, as noted earlier, it is highly recommended for the trader to liquidate positions before the collateral falls below the Maintenance Margin to avoid auto-liquidation.
BTC/USDT Perpetual Contract
ETH/USDT, BCH/USDT, XRP/USDT, EOS/USDT and LTC/USDT Perpetual Contracts