The Portfolio Margin mode has streamlined the fund transfer features to improve user experience. You can use the new Aggregate balances and Auto Repay functions to better manage your funds.
1. Asset transfer between different wallet under Portfolio Margin
Transferring funds between different wallets is an essential aspect of managing your Portfolio Margin account. Portfolio Margin supports fund transfers between Margin-PM and Futures-PM with some restrictions. You can also transfer funds between PM-Wallets and other Binance Wallets, but there are restrictions as well. The restrictions are explained in the Portfolio Margin Wallet Transfer Rules below.
Note: Additionally, the BNB logic is incorporated into the Portfolio Margin program. You can use BNB for fees and benefit from discounted trading fees.
Portfolio Margin Wallet Transfer Rules:
- You can only transfer assets in and out of your Portfolio Margin account using the Margin-PM Wallet. Please note that transfers in and out from the USDâ-M or COIN-M Futures-PM Wallets to non-PM wallets (such as the Spot Wallet and Options Wallet) are not supported.
- You can only transfer assets from the Futures-PM Wallet to the Margin-PM Wallet using the Aggregate Balances Function within your Portfolio Margin account (except for BNB in the USDâ-M Futures-PM Wallet).
- You cannot transfer assets from the Margin-PM Wallet to the USDâ-M and COIN-M Futures-PM Wallets.
- Exception: You can transfer BNB from the Margin-PM Wallet to the USDâ-M Futures-PM Wallet to use the BNB trading fee discount on Futures trading.
- When Auto Repay is activated, manual repayment of assets from the Margin-PM Wallet to either the USDâ-M or COIN-M Futures-PM Wallets will be enabled for a given asset, until the corresponding negative balance has been replenished.
- USDâ-M and COIN-M Futures-PM Wallets cannot transfer assets to one another.
2. Transfer BNB function
The [Transfer BNB] button lets you transfer BNB from your Margin-PM Wallet to your USDâ-M-PM Wallet. This allows you to enjoy reduced fees and optimize your trading costs when engaging in futures trading on the platform.
Note: You can also use this function ten times per a rolling 10-minute period.
Note: You can also use this function ten times per a rolling 10-minute period.
3. What is the Aggregate balances function?
The Aggregate balances function simplifies the fund transfer process between different wallets and reduces potential errors associated with manual transfers.
When you click the [Aggregate balances] button or send an API request, the system will automatically transfer all positive balances from your USDâ-M and COIN-M Futures-PM Wallets to your Margin-PM Wallet.
Please note that unlike other assets, your BNB in the USDâ-M Futures-PM Wallet wonât be automatically transferred.
Note: For API support specifications, please refer to the âFund Auto-collectionâ section on the GitHub API documentation.
4. How to activate the Aggregate balances function?
1. Log in to your Binance account and mouse over the wallet icon. Click [Portfolio Margin] - [Transfer].
2. Click [Aggregate balances], and all your positive balances will be transferred to your Margin-PM Wallet.
Please note that the [Aggregate balances] function will only be available when you transfer from the Portfolio Margin Wallet to the Fiat and Spot Wallet, as shown below.
API details:
- Please note that you can use the aggregate balances feature via API via the POST /papi/v1/auto-collection endpoint.
- For more granular control over fund collection, you can use the POST /papi/v1/asset-collection endpoint to query fund collection on a per-asset basis.
5. What is the Auto Repay function and how does it work?
The Auto Repay function can automatically repay your negative balances in the USDâ-M and COIN-M Futures-PM Wallets by transferring the corresponding assets from your Margin-PM Wallet, provided that you have the same assets in your Margin-PM Wallet. No auto repayments will occur if you donât have the required assets in your Margin-PM Wallet. In this case, you need to manually transfer the necessary assets into your Margin-PM Wallet to allow the auto-repay process to operate.
Auto Repay Function Schedule
The Auto Repay function operates twice a day, within 2 hours before charging the negative balance interest. The daily interest charge time is 00:00 (UTC).
Example of the Auto Repay Function
If the system auto-repays 50% of your BTC negative balance at 22:50 and 23:45 (UTC), and you transfer more BTC into your Margin-PM Wallet at 23:50 (UTC), the system wonât auto-repay again on the same day (as the function only operates twice a day).
Limitations of the USDâ-M PM and COIN-M Futures-PM Wallets
Auto-repayment only happens from the Margin-PM Wallet to the USDâ-M PM and COIN-M PM Wallets. This means your USDâ-M PM and COIN-M PM Wallets cannot automatically repay each other's negative balances.
For example, if you have a positive BTC balance in the COIN-M Futures-PM Wallet and a negative BTC balance in the USDâ-M PM Wallet as a result of trading ETHBTC USDâ-M Futures contract, auto-repayment cannot occur. In this case, you must manually transfer BTC from the COIN-M Futures-PM Wallet to the Margin-PM Wallet using the Aggregate balances function. After that, auto-repayment can occur from the Margin-PM Wallet to the USDâ-M PM Wallet.
6. What are the benefits of the Auto Repay function?
The Auto Repay function offers several advantages, including:
- Simplified fund management: Automated transfers between wallets reduce the need for manual intervention and simplify account management.
- Reduced risk of errors: Automated transfers help minimize errors during fund transfers.
7. What are the limitations and rules of the Auto Repay function?
Enabling/disabling the Auto Repay function
The Auto Repay function is activated by default. You can deactivate it and switch to [Manual Repay] from [Portfolio Margin].
Note:
- If you disable Auto Repay and you have a negative asset balance in your USDâ-M or COIN-M Futures-PM Wallet, you need to manually transfer assets from the Margin-PM Wallet to either the USDâ-M or COIN-M Futures-PM Wallets.
- When Auto Repay is activated, manual repayment of assets from the Margin-PM Wallet to either the USDâ-M or COIN-M Futures-PM Wallets will be enabled for a given asset, until the corresponding negative balance has been replenished.
Interest charges
Please note that negative balances in the USDâ-M and COIN-M Futures-PM Wallets may incur interest charges. However, there is an interest-free threshold for each asset. For more details on the threshold per asset, please refer to the table in #9.
Repayment order
The Auto Repay function will repay the negative balances in your USDâ-M or COIN-M Futures-PM Wallets in no particular order. For example, you have negative balances in USDâ-M and COIN-M Futures-PM Wallets after trading BTC-Margin contracts. The Auto Repay function will perform repayments in a random order.
8. Negative balances in USDâ-M - PM and COIN-M Futures-PM Wallets and interest rates
"NegativeBalance" for a specific asset occurs when the total balance of free assets (shown as âavailable balanceâ) in Cross-Margin-PM and assets in the USDâ-M and COIN-M Futures-PM Wallets becomes negative, indicating a deficit in that particular asset*. This is calculated individually, with a specific negative balance threshold for each asset.*
Negative balances are allowed as long as your Unified Maintenance Margin Ratio (uniMMR) remains above the liquidation threshold of 105%.
If your negative balances exceed the threshold, youâll be charged an interest fee once a day at 00:00 (UTC). This interest fee is calculated based on your Margin Loan's daily interest rate and the negative balance's absolute value. Please note that if you have the required assets in your Wallet, the system will automatically attempt to repay your negative balances within two hours before the interest charge.
Please note that Auto-exchange does not apply to the Portfolio Margin Account.
To calculate the interest fee:
interestFee = abs(negativeBalance) * dailyInterestRate
negativeBalance = min(totalAssetBalanceAcrossPMWallets + negative_threshold,0)
negativeBalance = min(totalAssetBalanceAcrossPMWallets + negative_threshold,0)
Where:
- âinterestFeeâ is the fee charged for having a negative balance;
- ânegativeBalanceâ is the account balance when it is negative (less than zero);
- "NegativeBalance" for a particular asset occurs when the combined balance of free assets (reflected as âavailable balanceâ) in Cross-Margin-PM and assets in the USDâ-M and COIN-M Futures-PM Wallets is negative, indicating a deficit in that specific asset. It is calculated independently with a specific negative balance threshold for each asset.*
- âdailyInterestRateâ is your Margin Loanâs daily interest rate;
- ânegative_thresholdâ is the negative balance threshold in the following table below (point 9).
For example, if your negative balance is -10,050 USDT and the daily interest rate for your Margin Loan is 0.1%, the interest fee would be:
interestFee = abs(-50) * 0.001 = 0.05 USDT
*For instance, if your BTC balance is negative in the USDâ-M Wallet, but is counterbalanced by a positive BTC balance in the COIN-M Futures-PM or Margin-PM Wallets, it will result in a net positive overall BTC balance in Portfolio Margin-supported wallets. "NegativeBalance" for BTC will not apply, and no interest will be charged.
9. Portfolio Margin negative balance threshold
| Asset | Negative Balance Threshold |
| USDT | 10,000 |
| USDC | 10,000 |
| BTC | 1 |
| ETH | 6 |
| LINK | 500 |
| BNB | 4 |
| TRX | 5,000 |
| DOT | 300 |
| ADA | 10,000 |
| EOS | 500 |
| LTC | 20 |
| BCH | 7 |
| XRP | 9,000 |
| ETC | 40 |
| FIL | 100 |
| EGLD | 3 |
| DOGE | 70,000 |
| UNI | 50 |
| THETA | 100 |
| XLM | 2,000 |
| SOL | 30 |
| FTM | 3,000 |
| SAND | 1,000 |
| MANA | 800 |
| AVAX | 70 |
| GALA | 60,000 |
| MATIC | 3,000 |
| NEAR | 60 |
| ATOM | 80 |
| AAVE | 3 |
| AXS | 80 |
| ROSE | 1,000 |
| XTZ | 40 |
| ICX | 60 |
| ALGO | 400 |
| RUNE | 20 |
| APE | 100 |
| VET | 90,000 |
| ZIL | 2,000 |
| KNC | 40 |
| XMR | 4 |
| GMT | 1,000 |
| OP | 200 |
| ENS | 30 |
| CHZ | 2,000 |
| APT | 400 |
10. Transferring assets between sub-accounts in the Portfolio Margin Program
Users with sub-accounts can transfer assets between cross margin accounts under the same main account.
- Transfers must be initiated at the main account level
- Both sub-accounts must be under the same main account.
Asset transfers between sub-accounts are managed using the following POST API endpoint: /sapi/v1/sub-account/universalTransfer.
You can refer to Binance Link API Docs for more details.
You can refer to Binance Link API Docs for more details.
For more details on the Binance Portfolio Margin Program, please refer to:
- Introduction to Binance Portfolio Margin Mode
- How to Activate the Portfolio Margin Mode on Binance
- How to View Portfolio Margin Information from Your Binance Account and Trading Interface
- Binance Portfolio Margin Trading Rules
- What Is the Unified Account Maintenance Margin Ratio (uniMMR) And How Is It Calculated
- How Does Liquidation Work in the Binance Portfolio Margin Account
- Binance Portfolio Margin Mode Order Logic
- Binance Portfolio Margin Mode Supported Collateral and Rates
- Binance Portfolio Margin API
- Terms and Conditions of Binance Portfolio Margin