Yes. BitMEX offers leverage on all of its derivatives products. This includes perpetual swaps, traditional futures, and other derivative contracts. The maximum leverage varies by product and is determined by the initial margin and maintenance margin levels for each contract.
How much leverage does BitMEX offer?
The maximum leverage varies by product. It is not a fixed multiplier but a function of the margin requirements set for each contract.
Two margin levels determine maximum leverage:
- Initial margin defines the minimum equity required to open a position. A 1% initial margin requirement translates to 100x maximum leverage. A 2% requirement translates to 50x.
- Maintenance margin defines the minimum equity required to keep the position open. If equity falls below this level, liquidation is triggered.
The relationship is straightforward: lower margin requirements allow higher leverage. BitMEX sets these levels based on the liquidity and volatility characteristics of each product.
For example, major contracts such as XBTUSD (Bitcoin/USD perpetual) typically offer higher maximum leverage than smaller altcoin contracts. Check the contract specifications page for the exact margin requirements and maximum leverage for each product.