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๐ŸšงMargin Health

Risk management, simplified.

Because of the Blitz's Unified Cross-Margin design, every balance, including Unsettled PnL, Perp Positions, Pool, and Spread have some impact on an account's margin.

As such, the Margin Manager is designed to give traders a birds-eye view of everything going on within their account and the impact on margin. It is a tool to understand an account's health and manage risk accordingly.

Understanding the Margin Manager

-> Head to the Margin Manager page by clicking on Portfolio and using the sub-page navigation.

-> At the top of the page you will find your account's initial and maintenance margin details:

  • Initial Margin = What you have to trade with aka initiate new positions.

  • Maintenance Margin = What you have until you can get liquidated -- aka maintain.

-> The rest of the page displays your balances, positions, pools, and spreads.

-> In each table you will find two Weight / Margin columns unique to this page:

-> The margin part will have a [+] or [-]:

  • [+] = How much it contributes to your available funds and funds until liquidation.

  • [-] = How much it reduces your available funds and funds until liquidation.

-> The $ totals in the initial and maintenance margin cards at the top are the sums of the weight/margin columns:

  • Available Funds = The sum of all the Initial Margin table columns.

  • Funds Until Liq. = The sum of all the Maintenance Margin table columns.

Margin Usage and Liq. Risk

In the initial and maintenance margin cards at the top will find both a $ and % stat.

Both display the same thing just represented differently:

  • Available Funds and Margin Usage reflect your account's ability to trade.

  • Funds Until Liq. and Liq. Risk reflect how close your account is to liquidation.

You can think of them as the inverse, whereby:

$0 = 100%

Margin Usage

  • The percent of your total initial weighted margin being used by positions.

  • Sum [-] initial margin / [+] maint. margin -- represented using a %.

  • 100% Margin Usage = $0.00 Available Funds

Liquidation Risk

  • The percent of your total maint. weighted margin being used by positions.

  • Sum of [-] maint. margin / [+] maint. margin -- represented using a %.

  • 100% liq. risk = Liquidation


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