The calculation of IM and MM for USDT margined perpetual is as follows:
Contract Name |
Initial Margin(IM) |
Maintenance Margin(MM) |
BTCUSDT PERP |
(2% + |Position Size in BTC| * 0.015%)*|Position Size in BTC| * BTC Mark Price |
(1.5% + |Position Size in BTC|* 0.015%) *|Position Size in BTC| * BTC Mark Price |
ETHUSDT PERP |
(2% + |Position Size in ETH| * 0.0005%)*|Position Size in ETH|* ETH Mark Price |
(1.5% + |Position Size in ETH|* 0.0005%) * |Position Size in ETH| ETH Mark Price |
Note: USDT margined perpetual swap is only available under the unified margin mode, you can choose non-borrowing mode or borrowing mode to trade.
Non-borrowing mode: You need to have sufficient USDT balance as margin for placing and holding positions.
Borrowing mode: There must be sufficient USDT total margin balance in the account level for placing and holding positions.
Click here for more information about the unified margin mode.