Total Notional Position as a multiple of Total Account Margin.
USDC available to place new orders.
Spread between the spot and the perpetual future price, used to calculate Basis Payment. On other exchanges referred to as Premium or Funding Rate.
Exchange of payment between long and short holders of a perpetual contract based on the Basis. On other exchanges referred to as Funding Payment.
The maximum additional Notional Position that can be bought by using all remaining Available Margin.
See “Basis Payment”.
The minimum amount of USDC required to open any new position. The Initial Margin includes both open position(s) and open order(s) for leveraged products.
See “Liquidation Reserve”.
On a trade level, the Notional Position as a multiple of Initial Margin.
The automatic unwinding of positions by the exchange as a result of insufficient Total Account Margin.
Price of the underlying at which the position will start to get liquidated.
A fund to cover losses from liquidations below the Zero Price. On other exchanges referred to as Insurance Fund.
Liquidation Reserve Manager
The entity that quotes for liquidation orders, manages liquidation risk and the Liquidation Reserve.
Assets on the exchange that can be used to fund a trade.
Margin Liquidation Trigger
Minimum amount of USDC equivalent notional required to avoid liquidation. If the Total Account Margin falls below the Margin Liquidation Trigger, the account’s positions will get liquidated.
USDC notional of the position size.
Number of contracts held. Positive for long holders, negative for shorts.
The amount of Initial Margin needed for open orders only. This is currently included in the Initial Margin for all positions.
Reserved Margin Buys
The amount of Initial Margin needed for open buy orders only. Positive Reserved Margin Buys is included in the Initial Margin. Negative Reserved Margin Buys means that when the buy orders get executed, the Initial Margin will reduce.
Reserved Margin Sells
The amount of Initial Margin needed for open sell orders only. Positive Reserved Margin Sells is included in the Initial Margin. Negative Reserved Margin Sells means that when the buy orders get executed, the Initial Margin will reduce.
The maximum additional Notional Position that can be sold by using all remaining Available Margin.
Total Account Margin
Total USDC equivalent notional of all assets available for margin, including any unrealized P&L, less any capital required for non-margin (spot) trades.
Total Notional Position
Sum of Notional Position across all positions.
Price at which the margin of an account would be depleted, adjusted for liquidation fees.
For further assistance or more information, please contact our Customer Support team via email@example.com or click on the chat widget at the bottom right-hand side of the EQUOS page.