Margin Terminology
| Term | Definition |
|---|---|
| Wallet Balance | Deposits - Withdrawals + Realized PNL |
| Unrealized PNL | Current profit and loss from all open positions |
| Margin Balance | Total equity held at BaseFEX. Margin Balance = Wallet Balance + Unrealized PNL |
| Position Margin | The portion of your margin assigned to the initial margin requirements of your open positions. This is the entry value of all contracts you hold divided by your selected leverage, plus unrealized profit and loss. |
| Order Margin | The portion of your margin that is assigned to the initial margin requirements on your open orders. |
| Available Balance | Your margin available to open new positions. Available Balance = Margin Balance - Order Margin - Position Margin |
