Notional Value
Notional Value = Mark Price * Position Size For example, if the current Mark Price of the BTCUSDT perpetual contract is 20,000 USDT, and your Position Size is 5 BTC, then the Notional Value is 20,000 * 5 = 100,000 USDT.
Pionex Futures
Initial Margin
The Initial Margin is the minimum amount of margin required to establish a leveraged position. Initial Margin = Notional Value / Leverage For example, if the current Mark Price of the BTCUSDT perpetual contract is 20,000 USDT, and you open…
Maintenance Margin
What is Maintenance Margin? Maintenance Margin is a crucial term in trading, especially in futures. It refers to the minimum Margin Equity (i.e. Margin + unrealized PnL) that a user must maintain to keep their leveraged position. The Maintenance Margin…
Liquidation
When the Margin Rate is ≥ 100% (i.e., margin + unrealized PnL ≤ maintenance margin), the position triggers liquidation. Margin Rate = Maintenance Margin / (Margin + unrealized PnL) The sum of Margin and unrealized PnL is referred to as…