In the cross-margin mode,Each user account will have an individual “futures account”, which is used for BTC / LTC capital guarantees and settlement of futures trading. The futures account information as shown below can be seen on all “futures trading” pages.
Funds can be transferred from the “Futures account” to the “trading account” at any time. Before delivery and liquidation of a contract, only the proportion of account equity that exceeds the maintenance margin is allowed to be transferred out. In the example below, the current user’s account equity is ~10 BTC, with maintenance margin of ~2 BTC (0.2x10), i.e. the BTC quantity allowed to be shifted to the spot account is (approx.) 10-2= 8 BTC. Realized gains and losses cannot be transferred before the clearing or settlement of a futures contract.
A futures account consists of account equity, account balance, and realized & unrealized profits and losses.
Account equity: The actual surplus of assets in a user’s account. Account equity = account balance +/- realized profits and losses +/- unrealized profits and losses.
Account balance: The quantity of collateral deposited in the futures account by the user, i.e., the quantity of BTC / LTC transferred from the trading account to the futures account. During liquidation, the realized profits and losses generated will increase or decrease this line item.
Realized profits and losses: The profits and losses produced from closed positions before the clearing or settlement.
Unrealized profits and losses: The profits and losses of positions currently held by users (also known as floating profits and losses).
Maintenance margin: The amount of margin required for the current positions held by a user.
In the cross-margin mode, every user will have a separate futures account and four contract accounts. The futures account is consisted of a futures account consisting of account equity, account balance, and realized & unrealized profits and losses.
The futures account balance and spot account are intertransferable, whereas the account balance under the “contract account” and realized gains or losses will be unable to be transferred into spot account. The contract account balance can only be transferred into the futures balance after the contract is liquidated, and subsequently be transferred into spot balance. The realized gains and losses can only be transferred into spot account before the clearing or settlement of a futures contract.
Balance (futures): This indicates the number of collaterals, which can be used to collateralize the frozen assets in the contract accounts.
Account Balance (Contract):This is the amount of collateral in your contract account. This balance and realized gains / losses will be used to provide margin for all your positions of the same contract.
Contract available:This contract can be used to add margin for new positions.
Realized gains and losses:Before clearing or settlement, the trader’ liquidated asset will be used to as a collateral for the fixed margin and the “frozen” asset required for opening new positions.
Frozen : This is the amount of collateral required for maintain the positions. Once the orders have been closed, then the required collaterals will be added into “fixed collateral” account, collateralized by account balance and realized profit.
Fixed margin: This is the amount of margin for all the positions of the same contract type and length. Unless the trader adds the amount manually, the amount will stay unchanged before settlement or a new position is opened.
Click the transfer aside from the account balance button, then you can transfer your funds between account balance and spot market balance.
In the Futures account, the amount of transferable doesn’t equal the account balance in the account balance. It is calculated by method listed below:
1. First, calculate the mean of the four contracts: the mean value = contract balance + realized profit – fixed collateral – frozen asset. If this value is larger than 0, then the value would be written down as 0, if the mean value is smaller than 0, then it will stay unchanged.
2. The amount of collateral = account balance in the futures account + the mean value of the four contracts.