Managing margin

Effective equity

Your effective equity is what your position is really worth right now: collateral plus unrealized profit and loss, minus accrued funding and borrowing. It is the number that determines your health and how much margin you can withdraw.

Adding and removing margin

Adding margin raises your collateral, lowers your effective leverage, and moves your liquidation price further away. Removing margin does the opposite and is blocked if it would drop you below the initial margin requirement or the $10 minimum.

• Add margin to widen your buffer before volatile or off-hours sessions
• Removing margin increases leverage and risk
• Partially closing reduces both size and required margin
• Recheck your liquidation price after any change