Bybit's Unified Trading Account (UTA) revolutionizes cryptocurrency trading by consolidating spot, futures, and options into a single account. This seamless integration enhances capital efficiency, simplifies risk management, and optimizes trading flexibility.
Key Features of Bybit UTA
- Centralized Trading: Manage spot, derivatives, and options under one account.
- Multi-Asset Collateral: Use over 70 cryptocurrencies as margin.
- Margin Modes: Choose from Isolated, Cross, or Portfolio Margin to align with your risk strategy.
- Auto Borrowing/Repayment: Automated handling of asset deficits and profits.
Margin Modes in UTA
Bybit UTA offers three margin modes, each catering to diverse trading styles:
1. Isolated Margin Mode
- How It Works: Margins are segregated per position.
- Best For: Traders who prefer controlled risk exposure.
- Supported Products: Spot, USDT/USDC contracts, inverse futures.
2. Cross Margin Mode
- How It Works: Assets and unrealized profits are pooled as collateral.
- Best For: Capital efficiency and offsetting losses across products.
- Supported Products: Spot, options, all contract types.
3. Portfolio Margin Mode
- How It Works: Margins are calculated based on net portfolio exposure.
- Best For: Advanced traders optimizing risk/reward ratios.
| Mode | Benefits | Supported Products |
|--------------------|-----------------------------------|----------------------------------|
| Isolated | Position-specific risk control | Spot, USDT/USDC contracts |
| Cross | Shared collateral pool | Spot, options, futures |
| Portfolio | Net exposure-based margin | All derivatives |
Collateral & Risk Management
Collateral Value Ratios
Assets are valued based on liquidity-adjusted ratios:
| Asset | Collateral Ratio |
|---------|------------------|
| USDC | 100% |
| BTC | 95% |
| ETH | 95% |
Example Calculation:
- 1,000 USDT + 0.1 BTC ≈ $3,575.98 usable margin.
Liquidation Rules
- Cross/Portfolio Modes: Liquidation at 100% maintenance margin rate.
- Isolated Mode: Position-specific liquidation.
API Upgrades with UTA
API V5 streamlines trading across UTA and Standard Accounts:
| Endpoint | V3 (Standard) | V5 (UTA) |
|--------------------|-----------------------------------|----------------------------------|
| Order Creation | /unified/v3/private/order/create | /v5/order/create |
| Position Tracking | /contract/v3/private/position/list | /v5/position/list |
FAQs
1. Can I revert to a Standard Account after upgrading?
No, upgrades to UTA are irreversible.
2. How does auto-borrowing work?
The system automatically borrows assets if equity falls below zero and repays via deposits/profits.
3. Which margin mode is safest for beginners?
Isolated Margin limits losses to pre-allocated funds per position.
4. Are API endpoints different for UTA?
Yes, API V5 uses simplified endpoints (e.g., /v5/order/create).
5. How is collateral value calculated?
Asset USD Value × Collateral Ratio (e.g., BTC at 95%).
Upgrade to UTA Today
Maximize capital efficiency and streamline your trading experience.