How do I adjust the Margin on my Position?

LeveX provides two types of margin options. The procedures to adjust the margin will vary depending on the type of position.

I. Isolated Margin Position

Adding Margin and Moving Margin

If the leverage remains constant, increasing the margin for a position will extend the gap to the liquidation price.

To add margin/move margin to an isolated margin position, perform the following steps:

1. Log in to the LeveX account and access the Derivatives Trading page.
2. Click on the “Position Mrgin” corresponding to the position you want to modify from your Positions tab 

3. In the new window that appears:

Enter the value of margin you wish to add into the “Increase (+)“ > “Add Margin” box, then click on “Confirm

Alternatively, if your position initially had leverage greater than 1x, reducing the leverage will also increase the margin by a predefined quantity.

Note: The margin that can be added depends on the unused funds in your trading account.

                                                                OR

Enter the value of margin you wish to move into the  “Decrease (-)” > “Remove Margin” box, then click on “Confirm”.

NOTE: 

- Once more, this method is applicable only to positions that previously had margin added to them.
- After the margin is added to a position, if the Unrealized PnL is positive, you can remove up to the total added amount.
- If the Unrealized PnL is negative, you can only remove the original amount minus the loss in Unrealized PnL.
- If the negative Unrealized PnL surpasses the original amount of added margin, the removable amount will be 0.

II. Cross Margin Position

A cross-margin position already utilizes all available funds within your trading account to maximize the gap to the liquidation price.

Adding Margin and Moving Margin

For cross positions, you cannot add a margin through the Positions tab. Instead, adding margin would entail depositing funds into the trading account.

Removing margin from cross positions involves removing available funds from the trading account. Likewise, initiating new positions within the same trading account would decrease the available margin for other cross positions. A reduced margin implies a shorter gap to your liquidation price, indicating a heightened risk of liquidation.

Please note that under Cross Margin mode, the system utilizes your entire USDT balance in your Derivatives Wallet to protect your position. Consequently, the liquidation price of your SOLUSDT.perp position is influenced when you open a new position using your Derivatives Wallet balance.

Additionally, once you have enabled Cross Margin for your position, you will not be able to switch back to Isolated Margin mode. To revert to an Isolated Margin, you must first close your current position and then adjust the margin mode accordingly.