Cross Margin, also known as “Spread Margin” is a margin method that utilises the full amount of funds in the Available Balance of the relevant cryptocurrency to avoid liquidations on the positions with the same settlement cryptocurrency. Any Realised PNL from other positions can aid in adding margin on a losing position with the same settlement cryptocurrency.
This margin method is useful for users who are hedging existing positions and also for arbitragers that do not wish to be exposed on one side of the trade in the event of a liquidation.
Note that, by default all positions are initially set to “Cross Margin”.
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