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Unified Trading: Shared Borrowing Limit for Main and Subaccounts

Jul 21, 2023Unified Trading AccountDerivatives
Disclaimer: This is a general announcement. Products and services referred to here may not be available in your region. Please refer to T&C for more details.

To enhance our platform's risk management capabilities, Bybit will now consider the combined borrowing amount across Main and Subaccounts as the determining factor for exceeding the Unified Trading Account (UTA) borrowing limit.

With the upcoming feature rollout, the current UTA borrowing limit for individual accounts will be used as the shared borrowing limit for Main and Subaccounts, and the relevant fields will be automatically updated. Please take note to monitor the borrowing amounts across all coins in your Main and Subaccounts to avoid exceeding the borrowing limit and potential liquidation.

The specific timeline for these changes is set for Aug 11, 2023.

The following modifications will be implemented:

Borrowing Details Page:

  1. Limit Utilization (New!): This field will indicate the percentage of the total borrowing amount for a specific coin within the risk unit, relative to the borrowing limit.
  2. Borrowed Amount: This will continue to display the borrowing amount for the current account.
  3. Borrowing Limit: Shared borrowing limit for Main and Subaccounts.

Open API V5 Changes:

/v5/account/collateral-info

  1. The availableToBorrow field will now consider the impact of deducting borrowing amounts from other Main and Subaccounts.
  2. Introduction of a new field: borrowUsageRate. The borrowUsageRate will be calculated as (maxBorrowingAmount - availableToBorrow) / maxBorrowingAmount.

Thank you for your continued support.

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