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AllXBTUSDT22776.0-4.18%XBTUSD22764.0-4.25%XBTEUR20994.5-4.03%XBTH2322864.5-4.22%XBTM2322974.5-4.21%XBTU2322930.0-4.66%XBTUSDTU2323779.5-0.23%XBTUSDTM2324038.0+2.06%XBTUSDTH2323840.0+2.82%XBTG2323000.0-4.03%ADAUSDT0.3707-6.62%ADAUSD0.3712-6.52%ADAH230.00001640-1.86%APEUSDT5.778-7.92%APTUSDT17.059-6.87%APTUSD16.995-7.08%AVAXUSDT19.740-6.14%AVAXUSD19.635-6.96%AXSUSD10.86-11.71%BCHUSDT131.25-3.74%BCHUSD131.55-3.70%BMEXUSDT0.842-10.90%BMEXUSD0.834-10.99%BNBUSDT306.51-3.17%BNBUSD306.00-3.80%CROUSDT0.07516-7.78%CROUSD0.07699-6.25%DOGEUSDT0.08871-2.04%DOGEUSD0.08883-1.88%DOTUSDT6.133-6.99%DOTUSD6.167-7.07%EOSUSD1.0501-6.44%ETHUSDT1565.50-4.91%ETHUSD1566.40-4.92%ETHUSD_ETH1558.50-5.43%ETHUSDTH231579.30-0.36%ETHUSDH231639.15-4.72%ETHH230.06880-0.86%ETHUSDH23_ETH1595.40-4.37%FLRUSDT0.0450+0.00%FLRUSD0.0429-6.33%FLRUSDTH230.0401+0.00%GMTUSDT0.5362-12.67%GMTUSD0.5452-11.46%KLAYUSDT0.20249-6.70%KLAYUSD0.20042-6.78%LINKUSD6.916-6.52%LTCUSDT92.08-3.01%LTCUSD92.21-2.80%LUNAUSDT1.9648-9.81%LUNAUSD1.9689-10.17%MATICUSDT1.0828-8.09%NEARUSD2.312-10.39%SOLUSDT23.78-9.13%SOLUSD23.79-9.16%XRPUSDT0.3923-5.52%XRPUSD0.3920-5.52%XRPH230.00001740-0.57%.BXBT22783.23-4.17%.BETH1565.42-4.85%.BVOL24H2.57+9.36%Funding: 03:44:13 @ 0.0094%Time: 12:15:46 AM UTC
Risk Limits

Overview

BitMEX imposes risk limits on all trading accounts to minimise the occurrence of large liquidations on margined contracts.

As users amass larger positions, they pose a risk to others on the exchange who may experience a deleveraging event if the position cannot be fully liquidated. The Step model helps avoid this by increasing margin requirements for large positions.

Dynamic Risk Limits

Each instrument has a Base Risk Limit and Step. These numbers combined with the base Maintenance and Initial Margin requirements are used to calculate your full margin requirement at each position size.

As the position size increases, the maintenance and initial margin requirements will increase. Users must authorize a higher or lower risk limit on the Positions panel. Margin requirements will automatically increase and decrease as your risk limit changes.

Instrument Risk Limits

Symbol Base Risk Limit Step Base Maintenance Margin Base Initial Margin
ADAH23 50 XBT 75 XBT 2.50% 5.00%
XRPH23 50 XBT 75 XBT 2.50% 5.00%
FLRUSDTH23 1,000,000 USDT 1,000,000 USDT 25.00% 50.00%
KLAYUSD 50 XBT 50 XBT 0.50% 1.00%
KLAYUSDT 1,000,000 USDT 1,000,000 USDT 0.50% 1.00%
XRPUSD 50 XBT 50 XBT 1.00% 2.00%
BCHUSD 50 XBT 50 XBT 1.00% 2.00%
DOGEUSD 50 XBT 50 XBT 1.00% 2.00%
BNBUSD 50 XBT 50 XBT 1.00% 2.00%
LINKUSD 50 XBT 50 XBT 1.00% 2.00%
SOLUSD 50 XBT 50 XBT 1.00% 2.00%
APTUSD 50 XBT 50 XBT 1.00% 2.00%
BMEXUSD 50 XBT 50 XBT 1.00% 2.00%
CROUSD 50 XBT 50 XBT 1.00% 2.00%
FLRUSD 50 XBT 50 XBT 1.00% 2.00%
DOGEUSDT 1,000,000 USDT 1,000,000 USDT 1.50% 3.00%
DOTUSDT 1,000,000 USDT 1,000,000 USDT 1.50% 3.00%
ADAUSDT 1,000,000 USDT 1,000,000 USDT 1.50% 3.00%
BNBUSDT 1,000,000 USDT 1,000,000 USDT 1.50% 3.00%
SOLUSDT 1,000,000 USDT 1,000,000 USDT 1.50% 3.00%
ADAUSD 50 XBT 50 XBT 1.50% 3.00%
EOSUSD 50 XBT 50 XBT 1.50% 3.00%
XRPUSDT 1,000,000 USDT 1,000,000 USDT 1.50% 3.00%
BCHUSDT 1,000,000 USDT 1,000,000 USDT 1.50% 3.00%
APEUSDT 1,000,000 USDT 1,000,000 USDT 1.50% 3.00%
GMTUSDT 1,000,000 USDT 1,000,000 USDT 1.50% 3.00%
GMTUSD 50 XBT 50 XBT 1.50% 3.00%
NEARUSD 50 XBT 50 XBT 1.50% 3.00%
APTUSDT 1,000,000 USDT 1,000,000 USDT 1.50% 3.00%
BMEXUSDT 1,000,000 USDT 1,000,000 USDT 1.50% 3.00%
CROUSDT 1,000,000 USDT 1,000,000 USDT 1.50% 3.00%
FLRUSDT 1,000,000 USDT 1,000,000 USDT 1.50% 3.00%
LUNAUSD 50 XBT 50 XBT 2.00% 4.00%
DOTUSD 50 XBT 50 XBT 2.00% 4.00%
MATICUSDT 1,000,000 USDT 1,000,000 USDT 2.50% 5.00%
AVAXUSD 50 XBT 50 XBT 2.50% 5.00%
AXSUSD 50 XBT 50 XBT 2.50% 5.00%
AVAXUSDT 1,000,000 USDT 1,000,000 USDT 2.50% 5.00%
LUNAUSDT 1,000,000 USDT 1,000,000 USDT 2.50% 5.00%
XBTUSD 200 XBT 150 XBT 0.35% 1.00%
XBTUSDT 1,000,000 USDT 1,000,000 USDT 0.50% 1.00%
XBTEUR 50 XBT 50 XBT 1.00% 2.00%
XBTG23 75 XBT 75 XBT 0.35% 1.00%
XBTH23 75 XBT 75 XBT 0.35% 1.00%
XBTUSDTH23 1,000,000 USDT 1,000,000 USDT 0.50% 1.00%
XBTM23 75 XBT 75 XBT 0.35% 1.00%
XBTUSDTM23 1,000,000 USDT 1,000,000 USDT 0.50% 1.00%
XBTU23 75 XBT 75 XBT 0.35% 1.00%
XBTUSDTU23 1,000,000 USDT 1,000,000 USDT 0.50% 1.00%
ETHUSD 75 XBT 100 XBT 0.50% 1.00%
ETHUSDT 1,000,000 USDT 1,000,000 USDT 1.00% 2.00%
ETHUSD_ETH 200 ETH 200 ETH 1.00% 2.00%
ETHH23 50 XBT 50 XBT 0.70% 2.00%
ETHUSDH23 50 XBT 50 XBT 0.70% 2.00%
ETHUSDTH23 1,000,000 USDT 1,000,000 USDT 1.00% 2.00%
ETHUSDH23_ETH 200 ETH 200 ETH 1.00% 2.00%
LTCUSD 50 XBT 50 XBT 1.00% 2.00%
LTCUSDT 1,000,000 USDT 1,000,000 USDT 1.50% 3.00%

Formulas

Term Formula XBTUSD Example (1 Step)
New Maintenance Margin % Base MM % + ( Steps * Base MM % ) 0.35% + ( 1 * 0.35% ) = 0.70%
New Initial Margin % Base IM % + ( Steps * Base MM % ) 1.00% + ( 1 * 0.35% ) = 1.35%
Maintenance Margin Amount New MM * Entry Value 0.70% * 300 XBT = 2.1 XBT

More Information

Further information is available on:

  • How to Adjust Risk Limits
  • Trade Examples