All futures in JuCoin's perpetual futures require a certain amount of margin. Margin trading also allows futures to have greater leverage.
Definition of Position Margin:
The margin used and locked by the current position.
Calculation Formula:
In Isolated Margin Mode:
Long + Short: Position Margin = Latest Transaction Price * Position Quantity * Face Value * (1/Leverage + Taker Fee) - Order Fee + Original Position Margin
In Cross Margin Mode:
Long + Short: Position Margin = Latest Transaction Price * Position Quantity * Face Value * (1/Leverage + Taker Fee) + Original Position Margin
It should be noted:
In Isolated Margin Mode, the amount after deducting the order fee is the position margin; whereas in Cross Margin Mode, the order fee is not deducted.