How to use the Bybit Unified Trading Account to share margin across products?

Understanding Unified Margin Allocation

1. The Bybit Unified Trading Account (UTA) enables margin sharing across spot, perpetuals, futures, options, and leveraged tokens using a single pool of collateral.

2. All supported assets—over 70 cryptocurrencies—are accepted as margin, including BTC, ETH, SOL, and stablecoins like USDT and USDC.

3. When a user holds BTC in their UTA, that BTC’s real-time value is automatically converted into USDx-equivalent margin units for use across all enabled products.

4. No manual transfers are required between product silos; the system dynamically recalculates available margin after every trade execution or price movement.

5. Margin utilization is displayed in real time on the dashboard under “Total Available Margin”, updated every 200 milliseconds during active trading sessions.

Configuring Cross-Product Margin Modes

1. UTA supports three native margin modes: isolated, cross, and portfolio—each with distinct risk propagation rules.

2. In cross-margin mode, losses from one position can be offset by gains in another, regardless of asset class or product type.

3. Portfolio margin mode applies dynamic risk-based haircuts per asset, reducing required margin for hedged or negatively correlated positions.

4. Users must explicitly enable cross-margin for each contract pair via the trade panel’s “Margin Mode” toggle before opening an order.

5. Spot leverage trades and USDC options both draw from the same margin pool when portfolio mode is activated, with no segregation by settlement currency.

Real-Time Margin Calculation Mechanics

1. The UTA engine computes margin requirements using mark price—not last traded price—to prevent manipulation-induced liquidations.

2. Each open position contributes to the total maintenance margin, which aggregates across all products and updates continuously.

3. Collateral value is revalued every 5 seconds using weighted average prices from at least three external price oracles.

4. Negative PnL from a losing ETH perpetual position immediately reduces available margin for initiating a new BTC options trade.

5. The system enforces a hard floor: if total equity falls below 100% of total maintenance margin, forced liquidation triggers across all positions simultaneously.

Risk Interconnection Implications

1. A sharp drop in BTC price may trigger liquidation not only for BTC perpetuals but also for uncorrelated assets like XRP options if shared collateral is insufficient.

2. Gains from profitable gold CFDs—available via Gate TradFi integration—can bolster margin for crypto derivatives within the same UTA.

3. Funding rate accruals on long USDT perpetuals reduce net equity and thus diminish capacity to open new spot leveraged positions.

4. Staked assets held in Web3-connected wallets do not count toward margin unless explicitly deposited into the UTA vault via the “Deposit to UTA” flow.

5. Liquidation events affect the entire account balance—not individual sub-accounts—because all positions share a single equity base.

Frequently Asked Questions

Q: Can I restrict certain assets from being used as margin?A: Yes. Users may disable specific tokens in Settings → Unified Account → Collateral Management by toggling off “Enable as Margin”.

Q: Does funding rate payment impact my available margin instantly?A: Yes. Funding settlements occur every 8 hours and adjust equity in real time, directly affecting margin availability.

Q: Are staking rewards credited to UTA margin automatically?A: No. Staking rewards must be manually claimed and deposited into the UTA to increase margin capacity.

Q: What happens to open orders during a sudden market gap?A: Orders remain active but may be rejected at execution if real-time margin falls below required levels due to the gap.