Cross Margin, also known as “Spread Margin” is a margin method that utilises the full amount of funds in the Available Balance to avoid liquidations. Any Realised PNL from other positions can aid in adding margin on a losing position.
This margin method is useful for users who are hedging existing positions and also for arbitragers that do not wish to be exposed on one side of the trade in the event of a liquidation.
Note that, by default all positions are initially set to “Cross Margin”.
Initial margin is the amount of collateral required to open a position for leverage trading.
Initial Margin = Order Value / Leverage
Maintenance Margin is the minimum amount you have to hold to keep a position open.
If your margin balance drops below Maintenance Margin levels, your position will be taken over by the Liquidation Engine and be liquidated.