The leverage amount that's available to you is contingent on the notional value of your position. This means that the amount of leverage decreases as your position size increases. You have the flexibility to adjust the leverage to meet your specific requirements and all position sizes are calculated based on the notional value of the contract. Therefore, the leverage you choose directly affects the Initial Margin.

Please note that you should first choose your leverage (and fulfil the Initial Margin requirement) before opening positions. The higher the leverage, the smaller the notional size you can open; the lower the leverage, the higher the notional size you can open.
 
Perpetual Contract Maintenance Margin Description

Maintenance Margin Rate
The "Maintenance Margin Rate" corresponding to the position value in USDT can be found in the table below. For example, if the position size of a USDT-margined BTCUSDT contract is 264,000 USDT, the maintenance margin rate would be 0.5%.

Please note:

The Maintenance Margin is calculated based on your positions at different notional value tiers. If your position (calculated at the liquidation price) and the current position (calculated at the opening price) are of different levels, then you must substitute (i.e. to calculate at the liquidation price) the maintenance margin rate and the maintenance margin amount of the position level, to recompute the liquidation price.

Maintenance Amount
You can find the “Maintenance Amount” in the table below with the position value in USDT. For example, if the position size of a USDT-margined BTCUSDT Contract is 100,000 USDT, then the maintenance amount would be 100 USDT.

Maintenance Amount formula
= [ Floor of Position Bracket on Level n * difference between Maintenance Margin

Rate on Level n and Maintenance Margin Rate on Level n-1) ] + Maintenance Amount on Level n-1

For example, the Maintenance Amount on Level 6

= 6,000,000 * (2.5% - 1%) + 10,975 USDT

= 100,975 USDT

Initial Margin = Notional Position Value / Leverage Level

Maintenance Margin = Notional Position Value * Maintenance Margin Rate - Maintenance Amount

• Up to 200x leverage USDT-Margined Futures Contracts including BTCUSDT Perpetual and ETHUSDT Perpetual.

• Up to 75x leverage USDT-Margined Futures Contracts including: ADAUSDT Perpetual, BCHUSDT Perpetual, BLURUSDT Perpetual, BNBUSDT Perpetual, CROUSDT Perpetual, DOTUSDT Perpetual, EOSUSDT Perpetual, ETCUSDT Perpetual, IMXUSDT Perpetual, LINKUSDT Perpetual, LTCUSDT Perpetual, TRXUSDT Perpetual, XRPUSDT Perpetual, XTZUSDT Perpetual, NULSUSDT Perpetual

• Up to 50x leverage USDT-Margined Futures Contracts including: 1000SHIBUSDT Perpetual, APEUSDT Perpetual, APTUSDT Perpetual, ARUSDT Perpetual, ARBUSDT Perpetual, ATOMUSDT Perpetual, AVAXUSDT Perpetual, AXSUSDT Perpetual, BANDUSDT Perpetual, BSVUSDT Perpetual, CHRUSDT Perpetual, CRVUSDT Perpetual, DOGEUSDT Perpetual, DYDXUSDT Perpetual, EGLDUSDT Perpetual, ENJUSDT Perpetual, FILUSDT Perpetual, FTMUSDT Perpetual, GALAUSDT Perpetual, GRTUSDT Perpetual, GTCUSDT Perpetual, KAVAUSDT Perpetual, KSMUSDT Perpetual, LRCUSDT Perpetual, MANAUSDT Perpetual, MATICUSDT Perpetual, NEARUSDT Perpetual, PEOPLEUSDT Perpetual, RVNUSDT Perpetual, SANDUSDT Perpetual, SOLUSDT Perpetual, STORJUSDT Perpetual, SUSHIUSDT Perpetual, UNIUSDT Perpetual, VETUSDT Perpetual, WAVESUSDT Perpetual, YFIUSDT Perpetual, WLDUSDT Perpetual, GLMRUSDT Perpetual, WOOUSDT Perpetual, GASUSDT Perpetual, TIAUSDT Perpetual, PYTHUSDT Perpetual, SUPERUSDT Perpetual, ONGUSDT Perpetual, ETHWUSDT Perpetual, BAKEUSDT Perpetual, NFPUSDT Perpetual, RONUSDT Perpetual, WIFUSDT Perpetual, ONDOUSDT Perpetual, MANTAUSDT Perpetual, OMUSDT Perpetual, PIXELUSDT Perpetual, MAVIAUSDT Perpetual, AGIUSDT Perpetual, VANRYUSDT Perpetual, ZKUSDT Perpetual, ENAUSDT Perpetual, TNSRUSDT Perpetual, TAOUSDT Perpetual, MEWUSDT Perpetual, MEMEUSDT Perpetual, TURBOUSDT Perpetual, BEAMUSDT Perpetual, PENDLEUSDT Perpetual, POLYXUSDT Perpetual, RENDERUSDT Perpetual

• Up to 25x leverage USDT-Margined Futures Contracts including: 1INCHUSDT Perpetual, AAVEUSDT Perpetual, ACHUSDT Perpetual, ALGOUSDT Perpetual, ALICEUSDT Perpetual, ALPHAUSDT Perpetual, API3USDT Perpetual, ARPAUSDT Perpetual, ASTRUSDT Perpetual, AUDIOUSDT Perpetual, BATUSDT Perpetual, BORAUSDT Perpetual, C98USDT Perpetual, CELRUSDT Perpetual, CFXUSDT Perpetual, CHESSUSDT Perpetual, CHZUSDT Perpetual, COMBOUSDT Perpetual, COMPUSDT Perpetual, DARUSDT Perpetual, DASHUSDT Perpetual, DENTUSDT Perpetual, EDUUSDT Perpetual, ENSUSDT Perpetual, FETUSDT Perpetual, FLOKIUSDT Perpetual, FLOWUSDT Perpetual, GALUSDT Perpetual, GMTUSDT Perpetual, HUNTUSDT Perpetual, ICPUSDT Perpetual, IDUSDT Perpetual, IDEXUSDT Perpetual, INJUSDT Perpetual, IOSTUSDT Perpetual, IOTAUSDT Perpetual, IOTXUSDT Perpetual, JASMYUSDT Perpetual, JOEUSDT Perpetual, KEYUSDT Perpetual, KLAYUSDT Perpetual, KNCUSDT Perpetual, LDOUSDT Perpetual, LINAUSDT Perpetual, LOOMUSDT Perpetual, LPTUSDT Perpetual, LUNAUSDT Perpetual, MAGICUSDT Perpetual, MASKUSDT Perpetual, MBLUSDT Perpetual, MEDUSDT Perpetual, MINAUSDT Perpetual, MKRUSDT Perpetual, MLKUSDT Perpetual, MTLUSDT Perpetual, NEOUSDT Perpetual, NKNUSDT Perpetual, ONEUSDT Perpetual, OPUSDT Perpetual, ORDIUSDT Perpetual, PEPEUSDT Perpetual, PHBUSDT Perpetual, QTUMUSDT Perpetual, RADUSDT Perpetual, RDNTUSDT Perpetual, RENUSDT Perpetual, RFDUSDT Perpetual, RNDRUSDT Perpetual, ROSEUSDT Perpetual, RSRUSDT Perpetual, RUNEUSDT Perpetual, SNXUSDT Perpetual, SSVUSDT Perpetual, STGUSDT Perpetual, STMXUSDT Perpetual, SUIUSDT Perpetual, TUSDT Perpetual, TOMOUSDT Perpetual, TONUSDT Perpetual, TRBUSDT Perpetual, UMAUSDT Perpetual, ZENUSDT Perpetual, ZILUSDT Perpetual, CYBERUSDT Perpetual, ARKUSDT Perpetual, MULTIUSDT Perpetual, CREUSDT Perpetual, STPTUSDT Perpetual, BNTUSDT Perpetual, NTRNUSDT Perpetual, BIGTIMEUSDT Perpetual, ORBSUSDT Perpetual, TIPUSDT Perpetual, SSXUSDT Perpetual, AERGOUSDT Perpetual, DKAUSDT Perpetual, SLPUSDT Perpetual, TTUSDT Perpetual, CBKUSDT Perpetual, ILVUSDT Perpetual, STRAXUSDT Perpetual, CVCUSDT Perpetual, BONKUSDT Perpetual, USTCUSDT Perpetual, FTTUSDT Perpetual, BLASTUSDT Perpetual, AUCTIONUSDT Perpetual, SEIUSDT Perpetual, SCUSDT Perpetual, SATSUSDT Perpetual, RATSUSDT Perpetual, ACEUSDT Perpetual, MOBILEUSDT Perpetual, SILLYUSDT Perpetual, HNTUSDT Perpetual, AIUSDT Perpetual, OSMOUSDT Perpetual, METISUSDT Perpetual, XAIUSDT Perpetual, MYROUSDT Perpetual, ALTLAYERUSDT Perpetual, LSKUSDT Perpetual, XEMUSDT Perpetual, JUPUSDT Perpetual, ZETAUSDT Perpetual, DYMUSDT Perpetual, STRKUSDT Perpetual, PORTALUSDT Perpetual, AXLUSDT Perpetual, AGIXUSDT Perpetual, AEVOUSDT Perpetual, BOMEUSDT Perpetual, ETHFIUSDT Perpetual, SLERFUSDT Perpetual, FORTHUSDT Perpetual, WUSDT Perpetual, SAGAUSDT Perpetual, FOXYUSDT Perpetual, OMNIUSDT Perpetual, MERLUSDT Perpetual, REZUSDT Perpetual, ZEROUSDT Perpetual, AKTUSDT Perpetual, GLMUSDT Perpetual, BBUSDT Perpetual, DEGENUSDT Perpetual, NOTUSDT Perpetual, MAPOUSDT Perpetual, COREUSDT Perpetual, TAIKOUSDT Perpetual, IOUSDT Perpetual, LISTAUSDT Perpetual, ZROUSDT Perpetual, BRETTUSDT Perpetual, AVAILUSDT Perpetual, POPCATUSDT Perpetual, KASUSDT Perpetual, BANANAUSDT Perpetual, RAREUSDT Perpetual, ALPACAUSDT Perpetual, SUNUSDT Perpetual, VIDTUSDT Perpetual, DOGSUSDT Perpetual, MBOXUSDT Perpetual

• Up to 20x leverage USDT-Margined Futures Contracts including 1000LUNCUSDT Perpetual

• Up to 5x leverage USDT-Margined Futures Contracts including: SFPUSDT Perpetual

Please be aware that in the event of extreme price movements or deviation from the price index, OrangeX will undertake additional protective measures, including but not limited to:
1. Adjust maximum leverage value
2. Adjust the position bracket in each tier
3. Adjust the maintenance margin rate in each tier