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Introduction to Margin Position Parameters

Introduction to Margin Position Parameters

2023-11-27 14:07
You can check various Cross Margin position information from the trading page. Go to [Trade] - [Margin] and scroll down to the [Positions] tab.
Hover over an underlined parameter to view more details.
Please note that values are displayed based on the selected benchmark (USDT or BTC).

1. Position

It represents the net amount of assets in your Margin account. A non-zero, positive number indicates a long position, while a non-zero, negative number indicates a short position. Please note that only non-zero positions will display information like Index Price, Entry Price, PNL, etc.

2. Position Value

This number represents the value of your position in USDT or BTC, according to the Index Price.

3. Index Price

Click here for more information about Index Price.

4. Entry Price

The entry price is the weighted average price of assets in your Margin account, which include assets that were transferred in and assets that were purchased.
  • The cost of the transferred assets is based on the index price in USDT or BTC at the time of the transfer.
  • The cost of assets bought is the average filled price of that trade.
For example (USDT Benchmark):
You transferred in 1 BTC with a USDT index price of $10,000 at the time of transfer. Your entry price is $10,000 USDT. Subsequently, you borrowed $15,000 USDT to buy 2 BTC with an average fill price of $7,500 USDT. The entry price of BTC will become ($10,000 * 1 + $7,500 * 2) / 3 = $8,333.33 USDT.
  • If you sold 2 BTC with an average fill price of $15,000 USDT, you still have 1 BTC in your account, and your entry price remains unchanged at $8,333.33 USDT.
  • If you shorted 1 BTC to sell 4 BTC with an average fill price of $15,000 USDT, your entry price will change to $15,000 USDT because your position changed from long to short.

5. PNL (Profit and Loss)

PNL = Position * (Index Price - Entry Price)
  • A positive number indicates profit, a negative number indicates loss.
  • Any outstanding interest will reduce your PNL for a short position, but does not impact your PNL for a long position.

6. Liquidation Price

The liquidation price is calculated based on your positions and their respective price indices. Eligible assets in your Cross Margin account are recognized as margin collateral, therefore changes in the Index Price for any token in your Cross Margin account may impact the liquidation price for another token in the same account. Please note that the liquidation price is only indicative. Click here to find out more information about liquidation price.

7. To Liquidation Price

This value represents the percentage difference between the index price and the liquidation price.