Announcement on Binance Adjusting the Margin Ladder of OMG U Standard Contract.
Updates on Leverage and Margin Tiers
Binance Futures will gradually adjust the margin ladder of the OMG U standard contract at 19:30 on November 9, 2021 (East Eighth District time).
The adjustment content includes the corresponding position/position and maintenance margin rate of each ladder.
The current maximum position of the OMG U standard contract has been adjusted to 10,000,000 (USDT notional value), and the maximum leverage has been adjusted to 25 times.
Please refer to the updated margin ladder limit to place an order. For orders that have been opened, please adjust the position and margin to avoid forced liquidation.
Maintaining the margin will directly affect the liquidation price, and users holding the above U-based contract positions will be affected. In order to avoid forced liquidation (that is, the risk ratio reaches 100%), users are advised to replenish their margin or reduce their positions reasonably. Margin rate control is recommended Below 80%.
The maintenance margin will affect the upper limit of the funding rate. The upper limit of the funding rate = clamp (funding rate, -0.75* maintenance margin rate, 0.75 * maintenance margin rate). For detailed calculation rules, please refer to Binance Contract Funding Rate Introduction.
Details are as follows:
Leverage | Position Before Change (Notional Value in USDT) | Position After Change (Notional Value in USDT) | Maintenance Margin Rate (After Change) |
---|---|---|---|
21-25x | 0 < Position ≤ 5,000 | 0 < Position ≤ 5,000 | 2.4% |
11-20x | 5,000 < Position ≤ 25,000 | 5,000 < Position ≤ 25,000 | 2.5% |
6-10x | 25,000 < Position ≤ 100,000 | 25,000 < Position ≤ 100,000 | 5.00% |
3-5x | 100,000 < Position ≤ 250,000 | 100,000 < Position ≤ 250,000 | 10.00% |
2x | 250,000 < Position ≤ 1,000,000 | 250,000 < Position ≤ 1,000,000 | 12.50% |
1x | Position > 1,000,000 | 1,000,000 < Position ≤ 10,000,000 | 50.00% |
Go to Binance Official Website
Please check Binance official website or contact the customer support with regard to the latest information and more accurate details.
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(Forex Broker)
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April 24, 2024
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