Cross Margin vs Initial Margin

A margin mode in which the entire account balance is available to prevent liquidation of any open position; useful for hedging strategies with offsetting positions, but risks total account loss if a large position moves severely against the entire book.

The capital required to open a leveraged derivatives position, calculated as notional value divided by leverage; at 10x leverage, a $50,000 notional Bitcoin position requires $5,000 initial margin to open.