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Leveraged trading on spot pairs with up to 10x leverage using a collateral account. Margin Trading provides access to the same liquid spot markets (e.g., BTC_USDT, ETH_USDT) with amplified exposure through borrowed funds.

Capabilities

  • Up to 10x leverage — Adjustable per account via the leverage endpoint
  • Isolated Margin mode — Limit risk to the margin allocated to a specific position, preventing cross-position liquidation cascades
  • 6 order types — Limit, Market, Stop-Limit, Trigger-Market, OCO, Bulk-Limit (details)
  • Bulk orders — Place up to 20 collateral limit orders in a single call (endpoint)
  • Position management — Open, monitor, and close positions programmatically (open positions, close)
API naming convention: WhiteBIT’s API uses “collateral” endpoints for both Margin and Futures trading. The market pair determines the product: spot pairs (e.g., BTC_USDT) for Margin, perpetual pairs (e.g., BTC_PERP) for Futures. All endpoints under /api/v4/order/collateral/ and /api/v4/collateral-account/ serve both products. See Compare Trading Products for a full side-by-side comparison.

Who Uses This

  • Hedge funds — Hedging spot holdings or amplifying directional exposure with controlled risk
  • Prop trading firms — Leveraged strategies on liquid spot pairs with isolated margin for risk containment
  • Experienced algo traders — Programmatic margin management through the collateral account API

Common Integration Patterns

Hedging — Open opposing margin positions to offset risk on existing spot holdings. For example, short BTC_USDT on margin while holding BTC in a spot wallet. Use the collateral account balance endpoint to monitor margin utilization. Leveraged directional trading — Amplify exposure with controlled risk via isolated margin. Set leverage via the leverage endpoint, place orders, and monitor positions through the open positions endpoint. The API returns a liquidationPrice field in position responses for risk monitoring.

Risk Context

Borrowed funds fee: A commission is charged for using borrowed funds — only applied when an order is at least partially executed. Unexecuted orders incur no borrowing fee. See the trading fees page for the current rate. Liquidation can occur when the maintenance margin threshold is breached. Key details:
  • Partial liquidation is the primary mechanism: only a portion (e.g., 20–30%) of the position is closed first to restore margin. If partial liquidation is insufficient, full liquidation follows.
  • Liquidation sequence: margin positions first (smallest to largest initial margin value) → crypto borrowings → futures positions last
  • Maintenance Margin Rate (MMR): 3% for leverage 1x–10x. Per-market leverage limits and collateral brackets: collateral brackets page
  • The API returns a liquidationPrice field in position responses — monitor the liquidation price alongside the collateral account balance to manage risk
Coming soon: Detailed mark price methodology and liquidation price formulas will be published here. For institutional inquiries, contact institutional@whitebit.com.
WBT holder benefit: Holding WBT (WhiteBIT Token) can reduce the maker commission by up to 100% on margin orders. See the VIP program for current tier details.
Portfolio Margin is available for institutional clients with a minimum 200,000 USDT collateral balance. Portfolio Margin provides up to 10x leverage with portfolio-level risk assessment. Contact institutional@whitebit.com or see the Institutional Overview for details.

Technical Overview

DetailValue
Endpoints19 shared with Futures (all POST, all authenticated)
AuthenticationHMAC-SHA512 (guide)
Rate limitsVary per endpoint (details)
Pair formatSpot pairs: BTC_USDT, ETH_USDT, etc.
Endpoint categories (shared with Futures Trading):
  • Account & Balance — Balance, balance summary, account summary, leverage, hedge mode (6 endpoints)
  • Order Management — Limit, bulk-limit, market, stop-limit, trigger-market, OCO, cancel (7 endpoints)
  • Order Queries — Conditional orders, OCO orders (2 endpoints)
  • Position Management — Open positions, close position, position history, funding history (4 endpoints)
The pair name determines whether an order is Margin or Futures. Spot pairs (e.g., BTC_USDT) route to Margin. Perpetual pairs (e.g., BTC_PERP) route to Futures. For full endpoint documentation, see the Collateral Trading API Reference. For Go and PHP examples, see SDKs.

What’s Next

Margin & Futures Quickstart

Open a first leveraged position in 5 minutes.

Futures Trading

Compare with perpetual contracts — up to 100x leverage and Hedge Mode.

API Reference

Full endpoint documentation for all 19 collateral trading endpoints.