What Is a Unified Account?
Unified Account resolves the issue of fund segregation under the Classic Account by enabling free allocation of funds across different trading types. It integrates four major trading product—spot, cross-margin, USDT-M perpetual futures, and options—into a single account, allowing margin to be shared across products and eliminating the need for repeated internal transfers. The system also supports multiple assets as margin. Unrealized PnL and Simple Earn flexible subscriptions can be used as margin to open positions, significantly improving capital efficiency. Profits and losses across different products can offset each other to help reduce risk. As long as the account's total assets meets the maintenance margin requirement, the account will not be liquidated due to losses in any single position.
Gate's Unified Account offers four modes: Classic Spot Mode, Single-Currency Margin Mode, Multi-Currency Margin Mode, and Portfolio Margin Mode, accommodating different trading preferences.
Advantages of Unified Account Compared with Classic Account
| Unified Account | Classic Account | |
|---|---|---|
| Eliminates fund segregation | Trade spot, cross margin, USDT-M perpetual futures, and options directly within one account, avoiding repeated internal transfers | Funds are separated across different trading types and must be manually transferred |
| Higher capital efficiency | Supports 150+ assets as well as Simple Earn flexible subscriptions as margin, with shared margin across products to improve capital utilization | Only a single asset can be used as collateral within each individual account |
| Better risk management | Introduces a tiered liability risk management mechanism that lowers margin requirements and offers more favorable liquidation thresholds | Independent risk control systems for each product |
Important Indicators within Unified Account
1. What is the Margin Balance?
Definition: USD value of total account equity
Single-Currency Margin Mode
USDT-M Margin Balance = USDT Balance in Unified Account – USDT Occupied by Futures Isolated Positions – USDT Frozen in Spot Open Orders + Sum(Unrealized PnL of Futures Cross Positions)
Multi-Currency Margin Mode:
Margin Balance = ∑(Positive Coin Equity × Coin Index Price × Discount Rate) + ∑(Negative Coin Equity × Coin Index Price) – Haircut Loss – Options Value
Portfolio Margin Mode
Margin Balance = ∑(Positive Equity × Index Price × Discount Rate) + ∑(Negative Equity × Index Price) – Haircut Loss
2. What is the Initial Margin Ratio (IMR)?
Definition: The threshold used to trigger Auto-Cancel. A higher IMR indicates greater asset availability. If the IMR drops to 100% or below, Auto-Cancel will be triggered.
Single-Currency Margin Mode
USDT-M IMR = USDT-M Margin Balance / USDT-M Initial Margin; USDT-M Initial Margin = Sum(Initial Margin Required for Futures Positions and Open Orders in the Cross Mode) + Sum(Initial Margin Required for All Options Short Positions and Open Orders)
Multi-Currency Margin Mode:
Initial Margin Ratio (IMR) = Margin Balance / Initial Margin **** Initial Margin = Sum(Coin Initial Margin × Coin Index Price)
Portfolio Margin Mode
Initial Margin Ratio (IMR) = Margin Balance / Initial Margin
Initial Margin = ∑(Initial Margin of Risk Units) + ∑(Initial Margin for Borrowing Coins)
3. What is the Maintenance Margin Ratio (MMR)?
Definition: The threshold used to trigger liquidation. A higher MMR indicates better account safety. When the MMR falls to 110% or below, the system will use available funds to repay outstanding loans. If the MMR drops to 100% or below, liquidation will be triggered.
Single-Currency Margin Mode
USDT-M MMR = USDT-M Margin Balance / USDT-M Maintenance Margin; USDT-M Maintenance Margin = Sum(Maintenance Margin Required for Futures Positions and Open Orders in the Cross Mode) + Sum(Maintenance Margin Required for All Options Short Positions and Open Orders)
Multi-Currency Margin Mode:
Maintenance Margin Ratio (MMR) = Margin Balance / Maintenance Margin; Maintenance Margin = Sum(Coin Maintenance Margin × Coin Index Price)
Portfolio Margin Mode
Maintenance Margin Ratio (MMR) = Margin Balance / Maintenance Margin
Maintenance Margin = ∑(Maintenance Margin of Risk Units) + ∑(Maintenance Margin for Borrowing Coins)
Gate reserves the final right of interpretation for this product.
