Bitget futures: Leverage and risk management

Bitget uses the mark price for liquidation to prevent market crashes and manipulation. Leverage and risk are assessed based on a user's total position risk in a specific margin coin. For details, refer to leverage and position tier information.

Cross margin liquidation

Liquidation in cross margin mode occurs when the total equity of the cross margin account (excluding isolated margin and unrealized PnL from isolated margin) falls below the maintenance margin, resulting in a margin ratio of 100%.

Maintenance margin = maintenance margin ratio × position value (position with a higher value is included in hedging mode)

Isolated mode liquidation

Liquidation in isolated margin mode occurs when the isolated margin and unrealized PnL fall below the maintenance margin, resulting in a margin ratio of 100%.

Bitget uses a gradual de-leveraging method as a risk control measure to minimize user losses from liquidation while retaining their positions.

In the event of a risk occurrence, the following actions will be taken:

1. Order cancellation: In isolated margin mode, only open or close orders related to the specific position will be canceled; in cross margin mode, all open or close orders (including orders in isolated margin mode) will be canceled.

2. Netting: Orders of all trading pairs in hedging mode will be excluded (excluding isolated margin).

3. Partial liquidation: Leverage will be reduced by two tiers at a time (excluding isolated margin).

4. Liquidation: The remaining position (excluding isolated margin positions) will be liquidated through a flash order.

Note: When risk control has been triggered, your trade will be temporarily taken over. The liquidation price will not be shown in your trading records or candlestick charts. All other operations are restricted until the risk control processing is complete.