Dear WEEXers,
The margin rate (each token has a minimum margin rate) is the estimated liquidation price.
The margin rate = the price of maintaining the margin rate. If under the margin rate, you will liquidate the order.
Futures margin rate = (position margin + unrealized profit and loss) ÷ position value
= (position margin + unrealized profit and loss) ÷ (futures face value x cont number of futures x latest mark price)
Suppose your position margin is 1000 cont, unrealized profit and loss + 50USDT, you bought 100 cont futures, and the current price is 60000
Futures margin rate= (1000+50) ÷ (0.001 x 100 x 60000) = 1050 ÷ 6000 = 0.175 = 17.5%
Therefore, your current futures margin rate is 17.5%.
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WEEX Team
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