Standard Account

Unified Trading Account

Single or Multi Asset Margin

Traders must hold the specific asset related to the trading product in each account to participate. For instance, USDT is required in the Derivatives Account to trade USDT contracts.

Traders can use a variety of supported margin assets as collateral, eliminating the need for the exact settlement asset. For example, holding BTC in a UTA allows the trader to place a USDT Contracts order by using the BTC's equivalent USDT value as collateral.

Accounts to Manage

1. Funding Account

2. Spot Account

3. Derivatives Account

4. USDC Derivatives Account

1. Funding Account

2. Unified Trading Account

3. Inverse Derivatives Account

Trading Products Supported 

1. Spot

2. Spot Margin

3. Leveraged Tokens

4. USDT Contracts

5. Inverse Contracts

1. Spot

2. Spot Margin

3. Leveraged Tokens

4. USDT Contracts

5. Inverse Contracts

6. USDC Contracts

7. USDC Options

Unrealized P&L Offset across Products

Not Supported

Unrealized profits from one derivatives product can be used to offset losses in another (except in Isolated Margin mode). For more details, visit here.

Spot and Spot Margin 

USDT Contracts

USDC Contracts

USDC Options 

Inverse Contracts

Standard Account

Spot Account

✓

𐄂

𐄂

𐄂

𐄂

Derivatives Account

𐄂

✓

𐄂

𐄂

✓

Unified Trading Account

Unified Trading Account

✓

(For Isolated Margin mode, Spot Margin and USDC Options are not supported in UTA)

𐄂

Inverse Derivatives Account

𐄂

✓

USDT Contracts

USDC Contracts

USDC Options 

Inverse Perpetual & Futures

Standard Account

USDT

Not supported in Standard Account

The respective settlement assets

Unified Trading Account

Any supported margin assets in Unified Trading Account 

Margin Mode

Position Mode

Standard Account

1. Isolated Margin

2. Cross Margin

1. One-way Mode 

2. Hedge Mode

• Support different leverage settings for long and short positions. 

• Only available for USDT Perpetual Contract.

Unified Trading Account

1. Isolated Margin

2. Cross Margin

3. Portfolio Margin

Margin mode switching can be supported even when there are open positions or active orders, subject to the criteria stated here.

1. One-way Mode 

2. Hedge Mode 

• Both long and short positions have to use the same leverage settings. 

• Only available for USDT Perpetual Contract.

Spot Margin Trading

USDT Contracts

USDC Contracts

Inverse Contracts

Standard Account

Users can borrow from the platform while using other margin assets as collateral for repayment. Interest will be charged on the borrowed amount.

Borrowing not supported

Unified Trading Account

Users can borrow from the platform while using other margin assets as collateral for repayment. Interest will be charged on the borrowed amount. For more information, please visit here. 

Borrowing not supported

Liquidation

Standard Account

Liquidation triggers when the Mark Price reaches the Liquidation Price. The liquidation price is calculated based on parameters such as initial margin rate, maintenance margin rate, and available balance. 

Unified Trading Account

According to different margin modes, liquidation is based on different criteria. 

Isolated Margin Mode: Similarly to Standard Account, liquidation triggers when the Mark Price reaches the Liquidation Price. 

Cross or Portfolio Margin Mode: According to the initial margin and maintenance margin of the position, calculate the account's initial margin rate and maintenance margin rate. When the account's maintenance margin rate reaches 100%, liquidation is triggered. For more information, please visit here.