Margin Requirements

All contracts on Everstrike are USD-margined. By default, positions share the same margin pool (Cross Margin). Traders can optionally switch to Isolated Margin. Portfolio Margin is not supported at this stage.

Perpetual Futures Margin Requirements

Min. Initial Margin	0.01 * Position Size + Abs(Funding Rate) * Position Size
Min. Maintenance Margin	0.005 * Position Size + Abs(Funding Rate) * Position Size

Perpetual Options Margin Requirements

Min. Initial Margin (Long Call)	1.00 * Position Size + Abs(Funding Rate) * Position Size
Min. Initial Margin (Long Put)	1.00 * Position Size + Abs(Funding Rate) * Position Size
Min. Maintenance Margin (Long Call)	0.50 * Position Size + Abs(Funding Rate) * Position Size
Min. Maintenance Margin (Long Put)	0.50 * Position Size + Abs(Funding Rate) * Position Size
Min. Initial Margin (Short Call)	Max (0.06 * Underlier Index Price - OTM Amount/Underlier Index Price, 0.04 * Underlier Index Price) + Mark Price + Abs(Funding Rate) * Position Size
Min. Initial Margin (Short Put)	Max (Max (0.06 * Underlier Index Price - OTM Amount/Underlier Index Price, 0.04 * Underlier Index Price) + Mark Price, Min. Maintenance Margin) + Abs(Funding Rate) * Position Size
Min. Maintenance Margin (Short Call)	0.02 * Underlier Index Price + Mark Price + Abs(Funding Rate) * Position Size
Min. Maintenance Margin (Short Put)	Max (0.02 * Underlier Index Price, 0.02 * Mark Price) + Mark Price + Abs(Funding Rate) * Position Size