Margin Rules
Margin is the amount of funds required to open and maintain a leveraged position.
On 6MM, margin is calculated in stablecoins and applies to U-margined perpetual contracts.
Understanding margin rules helps users manage risk and avoid unexpected liquidations.
Types of Margin
6MM uses two primary margin types:
Initial Margin
The minimum amount required to open a position
Depends on position size and selected leverage
Locked when the order is executed
Maintenance Margin
The minimum margin required to keep a position open
Lower than initial margin
If your margin balance falls below this level, liquidation may occur
Available Margin
Available margin is the portion of your 合约账户 balance that can still be used.
It is affected by:
Open positions
Unrealized PnL
Trading fees
Funding payments
Only available margin can be used to open new positions or increase position size.
Margin Ratio
The margin ratio is a key risk indicator.
It compares required margin to your account equity
As the margin ratio increases, liquidation risk increases
Real-time updates reflect market movements
Keeping the margin ratio at a safe level is essential for position stability.
Cross vs. Isolated Margin
Depending on partner configuration, 6MM may support:
Isolated Margin
Margin is assigned to a single position
Losses are limited to the margin allocated to that position
Cross Margin
All available margin in the 合约账户 is shared across positions
Helps reduce liquidation risk but exposes the entire balance
Margin mode availability depends on the trading pair and partner setup.
Margin and Mark Price
Margin calculations on 6MM use the mark price instead of the last traded price.
This helps:
Prevent unnecessary liquidations
Reduce the impact of short-term price manipulation
What Happens When Margin Is Insufficient?
If your margin balance falls below the maintenance requirement:
The system issues risk warnings (if supported)
Partial position reduction may occur
Full liquidation is triggered if risk continues to increase
Liquidation prices are calculated using the mark price.
Margin Best Practices (For Beginners)
Always keep extra margin available
Avoid using maximum leverage
Monitor unrealized PnL and margin ratio
Add margin early during adverse price movement
Summary
Margin rules on 6MM are designed to:
Protect users from excessive losses
Maintain market stability
Provide transparent, real-time risk indicators
Understanding and following margin rules is essential for safe perpetual contract trading.
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