Margin is the funds you deposit with the exchange as collateral to open a position in perpetual trading. This collateral protects the exchange from potential losses due to your position.
1. Margin Balance
Total funds in your Futures wallet, including Available Margin (funds still usable) and Locked Margin (used for positions/open orders).
2. Open Order Margin
The amount of margin temporarily locked for pending orders (unexecuted limit orders & stop orders).
Example (25x Leverage): A $1,000 limit order with 4% IM = $40 (≈ Rp644,280) locked as Open Order Margin.
3. Maintenance Margin (MM)
The minimum margin required to keep a position open. If your account value falls below the MM threshold, the system will liquidate your position.
Example (25x Leverage, 1% MM): For a $1,000 position, required MM = $10. If your margin balance falls below this, the position gets liquidated.
4. Available Margin
Margin that’s free to use — funds not locked in open positions or open orders. Can be used to open new positions, pay fees/funding, or place new open orders.
Available Margin depends on the Initial Margin Buffer feature:
5. Margin Usage
The percentage of your margin balance currently in use (open positions + open order margin + maintenance margin).
6. Effective Leverage
Shows how much exposure you’re taking relative to your actual margin: Effective Leverage = Position Size ÷ Margin Balance.
Example: $1,000 position, $100 margin balance → Effective Leverage = 10x.
Even if you choose 25x leverage, your effective leverage can be lower if you have more margin. Always monitor this value to manage risk.
Yes, Pintu Futures supports both Cross Margin and Isolated Margin.
Liquidation happens when margin usage reaches 100%. To avoid it, make sure your margin usage doesn’t reach 100%, using one of these 3 methods:
The maintenance margin applied at Pintu Futures is 1% for 25x leverage.
Auto-Deleveraging (ADL) is a risk management mechanism designed to maintain platform stability during extreme market conditions.
When liquidation occurs, the system first uses the Insurance Fund to cover losses. If losses exceed the Insurance Fund’s capacity, ADL is activated.
In this condition, the system automatically reduces or closes profitable positions or those with high leverage on the opposite side — keeping the trading environment safe and stable for all users.