@Bybit_Official Cross Margin uses all of a user’s wallet balance to prevent liquidation. When the equity is lower than the maintenance margin, the position will be liquidated. In the event of liquidation, the trader will lose all his/her equity.
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@Bybit_Official Mark price refers to a global spot price index plus a decaying funding basis rate. Mark price can be considered as a price that reflects the real-time spot price on the major exchanges.
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@Bybit_Official Position margin is the amount of margin that is allocated to open positions,it is calculated as the entry value of all the contracts you hold,divided by the selected leverage, plus unrealised profit and loss.
UID: 651723