- BNXUSDT (USDⓈ-M Perpetual Contracts)
Previous Leverage and Margin Tiers | New Leverage and Margin Tiers | ||||
Leverage Before Change | Position Before Change (Notional Value in USDT) | Maintenance Margin Rate (Before Change) | Leverage After Change | Position After Change (Notional Value in USDT) | Maintenance Margin Rate (After Change) |
16 - 20x | 0 < Position ≤ 50,000 | 1.50% | 9 - 10x | 0 < Position ≤ 50,000 | 2.00% |
11 - 15x | 50,000 < Position ≤ 150,000 | 2.50% | 7 - 8x | 50,000 < Position ≤ 150,000 | 2.50% |
6 - 10x | 150,000 < Position ≤ 250,000 | 5.00% | 6x | 150,000 < Position ≤ 250,000 | 5.00% |
5x | 250,000 < Position ≤ 500,000 | 10.00% | 5x | 250,000 < Position ≤ 500,000 | 10.00% |
3 - 4x | 500,000 < Position ≤ 1,000,000 | 12.50% | 3 - 4x | 500,000 < Position ≤ 1,000,000 | 12.50% |
2x | 1,000,000 < Position ≤ 2,000,000 | 25.00% | 2x | 1,000,000 < Position ≤ 1,500,000 | 25.00% |
1x | 2,000,000 < Position ≤ 3,000,000 | 50.00% | 1x | 1,500,000 < Position ≤ 2,000,000 | 50.00% |
- It is important to note that the maintenance margin change will directly affect liquidation price. Users who hold existing positions of USDⓈ-M BNXUSDT Perpetual Contracts will be affected. To avoid being liquidated (i.e. margin ratio hits 100%), please add more margin to your USDⓈ-M Futures account or reduce your positions. It is recommended to control the margin ratio below 80%.
- Maintenance margin rate change will affect the funding rates of the USDⓈ-M BNXUSDT Perpetual Contracts. Capped Funding Rate = clamp (Funding Rate, -0.75 * Maintenance Margin Ratio, 0.75* Maintenance Margin Ratio). For more details on funding rate, please refer to Introduction to Binance Futures Funding Rates.