💟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.

$$equity = balance+unrealizedPnL + unpaidFunding$$

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.

$$buyingPower = freeCollateral * \frac{markPrice}{initialMarginPerLot}$$

Free Collateral

The amount of free collateral your account has that is not being used to collateralise other positions or open orders.

$$freeCollateral = balance + unrealizedPnL + unpaidFunding - initialMargin$$

Margin Usage

The percentage of equity you have used to collateralise positions.

$$marginUsage = \frac{maintenanceMargin}{equity}$$

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.

$$leverage = equity * \sum{positions}$$

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