Futures Grid Bot Guide 2026: How It Works vs Spot Grid
Updated June 2026: Learn how Pionex Futures Grid works, how it compares with Spot Grid, which parameters matter, and what leverage, funding-rate, margin, and liquidation risks to review.
Category Futures tutorial
TP/SL
To use TP/SL described in this article, please update your app to version 2.1.6.7 or above (you can check the version in “Settings -> About”). The TP/SL (Take Profit/Stop Loss) orders support two modes: Entire position: When the trigger price…
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.
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…