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Author Topic: Liquidation Calc in Bitmex  (Read 71 times)
WazY (OP)
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November 29, 2020, 11:18:38 AM
 #1

Hi everybody  Smiley


https://imgur.com/a/1zhBIEU

I have some questions about the liquidation calculator in Bitmex.

Lets assume, I have 1 XBT in wallet and made a 1000 USD position with 10x leverage.

A) Is the Quantity in USD or XBT? Is it the position including the leverage?
B) Is the Wallet in USD or XBT?
C) What is Current Qty and Resulting Qty?


Thanks.
Vispilio
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November 29, 2020, 11:35:35 AM
 #2

...

A) Is the Quantity in USD or XBT? Is it the position including the leverage?
B) Is the Wallet in USD or XBT?
C) What is Current Qty and Resulting Qty?


Thanks.


A) in USD

B) in XBT

C) Current Qty: Your Current Position (which is 0),
Resulting Qty: What will happen if you execute your proposed order (it will become long 1000 USD worth of BTC).

WazY (OP)
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November 29, 2020, 11:40:42 AM
 #3

@Vispilio Thanks

But is Quantity in USD including the 10x leverage?
Vispilio
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November 29, 2020, 11:43:22 AM
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@Vispilio Thanks

But is Quantity in USD including the 10x leverage?


yes 1000USD is 1000USD , the leverage only influences the amount of margin you put up (in XBT) to finance that trade,

eg: obviously 10x is more risky than 3x, you are putting up less margin in the former case, and your liq price will be much nearer.

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