Isolated/Cross Margin

Satori offers two margin modes: Isolated Margin and Cross Margin.

Isolated Margin

Isolated margin is the default mode on Satori. In this mode, the margin allocated to a position is separate from the trader's overall account balance. This allows traders to manage risk effectively, as the maximum loss from liquidation is limited to the margin placed for that specific position.

Cross Margin

Cross margin utilizes the entire available balance within the corresponding trading pair to prevent liquidation. If the equity in the trading pair falls below the maintenance margin, the position will be liquidated. In the event of liquidation, the trader risks losing all equity associated with that particular trading pair.

Users can only select one margin mode per perpetual trading pair. To change the position mode or replace an order, any open orders or positions for that pair must be closed first.