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Margin Account Parameters

Definitions
Account Equity 
This is the current value of your account, including the current market value of all open positions and your USDC equity.
equity=balance+unrealizedPnL+unpaidFundingequity = balance+unrealizedPnL + unpaidFundingequity=balance+unrealizedPnL+unpaidFunding
Buying Power
Your buying power is the amount of capital you are able to deploy after factoring in the leverage offering for the market you are trading. 
buyingPower=freeCollateral∗markPriceinitialMarginPerLotbuyingPower = freeCollateral * \frac{markPrice}{initialMarginPerLot}buyingPower=freeCollateral∗initialMarginPerLotmarkPrice​
Free Collateral
The amount of free collateral your account has that is not being used to collateralise other positions or open orders.
freeCollateral=balance+unrealizedPnL+unpaidFunding−initialMarginfreeCollateral = balance + unrealizedPnL + unpaidFunding - initialMarginfreeCollateral=balance+unrealizedPnL+unpaidFunding−initialMargin
Margin Usage
The percentage of equity you have used to collateralise positions. 
marginUsage=maintenanceMarginequitymarginUsage = \frac{maintenanceMargin}{equity}marginUsage=equitymaintenanceMargin​
Current Account Leverage
The overall leverage ratio of your account. Your account leverage is equal to the value of all open positions divided by your account equity. 
leverage=equity∗∑positionsleverage = equity * \sum{positions}leverage=equity∗∑positions
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Order Types
Asset Parameters
Last modified 3mo ago