Introduction to UTA
What is a Unified Trading Account (UTA)?
Bybit's Unified Trading Account (UTA) is an all-in-one account model that enables traders to access multiple trading products—including spot trading, spot margin trading, leveraged tokens, USDT perpetuals, USDC perpetuals/deliveries, inverse perpetuals/deliveries, and USDC options—using a single account. It allows traders to combine trading margins with fully collateralized assets without switching between accounts.
👉 Learn more about UTA benefits
Key Differences Between Standard Accounts and UTA
- Standard Account: Requires holding specific assets in separate accounts for each product.
- UTA: Supports cross-margin collateralization using approved assets, eliminating the need for product-specific settlements.
How to Check If My Account Is Upgraded to UTA?
- Navigate to the Assets page. A Unified Trading Account section confirms UTA activation.
- Accounts registered after October 1, 2023, default to UTA.
UTA Key Terms
Initial Margin Rate (IMR)
The total margin required for open orders and positions in USD. If IMR ≥ 100%, new orders increasing position size are canceled.
Maintenance Margin Rate (MMR)
The minimum margin needed to maintain positions. MMR ≥ 100% triggers liquidation.
Order Loss
Potential loss from perpetual/contract orders due to price deviations between order and mark prices.
Collateral Assets
Not all UTA assets qualify as collateral. View approved assets here.
Trading with UTA
Supported Margin Modes
- Isolated Margin: Product-specific margins.
- Cross Margin: Shared margin across products.
- Portfolio Margin: Risk-offset between spot and derivatives.
FAQ: Common Trading Issues
- Why can’t I open new positions? IMR may have reached 100%.
- Can I use unrealized profits to trade? Yes, under Cross/Portfolio Margin modes.
Borrowing & Repayment
When Does Borrowing Occur?
- Trading fees, funding rates, or unrealized losses.
- Leveraged trades.
Interest Calculation
- Hourly rates apply.
- Interest-free allowances for USDT/USDC up to VIP-tiered limits.
Automatic Repayment Triggers
- Borrowing exceeds maximum limits.
- MMR ≥ 100%.
FAQ Section
Q: Can I revert to a standard account after upgrading to UTA?
A: No, upgrading is irreversible.
Q: How is USD index price calculated?
A: USD Index Price = USDT Perpetual Index Price × USDT Conversion Rate.
Q: What happens if my UTA upgrade fails?
A: Check for pending orders or liabilities in your standard account.
Q: Are there risks to enabling spot hedging?
A: Rarely, insufficient spot holdings or price deviations may increase margin requirements.
👉 Explore advanced UTA features
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