Debt repayment and fund transfer for USDT-M positions in multi-asset mode

Debt and interest

For USDT-M positions in multi-asset mode, all profits, transaction fees, and funding fees are settled in USDT. Therefore, a USDT debt will be incurred when the USDT balance is insufficient:

Debt = min (0, USDT equity)

Interest will be charged on the debt (if there is debt). The amount subject to interest is calculated as: debt − interest-free amount. For unrealized losses, the interest-free amount is capped at min (abs (unrealized loss), interest-free limit).

Unlike interest charged for spot margin and crypto loans, debt interest is accrued and deducted hourly. If there is debt, interest will be charged once per hour. Interest deduction records can be viewed in your transaction history.

Transfer

1. Margin available for outbound transfers

If the unrealized PnL under cross margin mode is greater than 0, the transferable amount = available amount − unrealized profit − trading bonus.

If the unrealized PnL under cross margin mode is less than 0, the transferable amount = available ­amount − trading bonus.

Transferable amount of a coin = min (transferable amount ÷ index price of the coin, net quantity of the coin).

USDT net amount = USDT balance + unrealized PnL − USDT margin reserved for pending orders − margin used for the larger position of the coin.

Net quantity of other coins = balance of the coin.

2. Amount available for inbound transfers

Transferable amount = limit − net inbound transfer amount

Limit = min (individual limit, platform limit)